Daily BriefsESG

Daily Brief ESG: Can Many Companies that over Years Could Not Suddenly Transform Themselves Thanks to TSE Requests? and more

In today’s briefing:

  • Can Many Companies that over Years Could Not Suddenly Transform Themselves Thanks to TSE Requests?

Can Many Companies that over Years Could Not Suddenly Transform Themselves Thanks to TSE Requests?

By Aki Matsumoto

  • Not because TSE requires it, but because management should provide shareholders with a concrete plan and outlook for cash allocation based on the company’s growth stage and the external environment.
  • For companies that disclosed improvement measures before TSE requested them and saw their stock price rise significantly, the sustainability of the stock price depends on the feasibility of the plan.
  • The stock market jumped the gun and rallied in anticipation of the company’s announcement of feasible plan as expected, even though the company has yet to disclose any improvement plan.

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