Daily BriefsESG

Daily Brief ESG: A Common Case of a Company with a Low ROE but with the Founding Family Serving as Successive CEOs and more

In today’s briefing:

  • A Common Case of a Company with a Low ROE but with the Founding Family Serving as Successive CEOs


A Common Case of a Company with a Low ROE but with the Founding Family Serving as Successive CEOs

By Aki Matsumoto

  • The reason why the approval for the shareholder proposal on profit appropriation exceeded 40% is that the proposal was easy to understand and easy to get approval from other shareholders.
  • Although domestic institutional investors don’t currently vote against a low ROE when it comes to improvement measures, they may take a more aggressive stance if ISS raises its ROE criteria.
  • The trend of top management being reappointed even with continued low ROE is likely to continue for a while longer, but the time frame is definitely getting smaller.

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