Скачать или смотреть Press Conference : Japan Inc. vs the Activists: Ousted Fujitec chairman strikes back

Press Conference : Japan Inc. vs the Activists: Ousted Fujitec chairman strikes back

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Описание к видео Press Conference : Japan Inc. vs the Activists: Ousted Fujitec chairman strikes back

When foreign fund Oasis Management secured board seats of 75-year-old elevator manufacturer Fujitec Co. and dismissed its chairman and founding family scion Takakazu Uchiyama, a significant milestone in shareholder activism in corporate Japan was achieved. It was deemed a foreign "hijacking" of a Japanese manufacturer by an attorney for Uchiyama.

While traditionalists claim that these efforts are frequently just an improved form of extortion, activists contend that they are important to protect shareholder rights and unleash corporate value. Uchiyama and his group will present a new management strategy and a different slate of outside directors at the FCCJ in order to present their case in the fight to control Fujitec.

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