In the next 30 days, over 2,000 Japanese public companies will hold their annual shareholder meetings. It’s the most compressed proxy season around — and one of the biggest challenges for investors.
Besides the sheer number of ballots, the Japanese proxy season brings a range of market-specific considerations, from strategic inter-company shareholdings and unique board structures to an outsized emphasis on governance and accounting scandals. This year will also see a new regulatory regime following implementation of the revised Companies Act in March, and the introduction of virtual-only meetings.
Glass Lewis’s Tokyo-based team has the resources you need to prepare.
Our Proxy Season Preview provides an overview of market regulatory updates, changes to Glass Lewis voting policy guidelines, and key meetings to watch in the weeks ahead.
For more discussion from our local market experts, you can listen to our Season Preview Webinar (in Japanese). The webinar presentation is available in both Japanese and English, along with a Q&A roundup.