Japan permits firms to conduct online-only shareholder meetings.
Japan's Justice Minister plans to amend companies law to allow online-only shareholder meetings and improve communication about beneficial shareholders.

Justice Minister Keisuke Suzuki just announced he's seeking advice on revising the companies law to let businesses hold online-only shareholders' meetings. Right now, those meetings are only allowed in rare cases due to a pandemic-era rule. This new proposal is all about giving companies and their shareholders more convenience.
The planned amendment will tackle issues like communication failures that could cancel resolutions. Plus, the Legislative Council will look into a system for companies to access info about beneficial shareholders—those who own shares indirectly. This change aims to enhance communication between companies and these shareholders, helping them gear up for takeover bids and activist investors. Minister Suzuki stressed the need for this overhaul in light of the recent shifts in our economic landscape.
Read more__〆( ̄ー ̄ )
Fascinated by Japan’s culture and history? Learn the language that brings it all to life. Start now at LearnJapanese.com!