Daily BriefsESG

Daily Brief ESG: Dissolution of Parent-Subsidiary Listing Is Just the Beginning for a Slow Decision-Making Company and more

In today’s briefing:

  • Dissolution of Parent-Subsidiary Listing Is Just the Beginning for a Slow Decision-Making Company

Dissolution of Parent-Subsidiary Listing Is Just the Beginning for a Slow Decision-Making Company

By Aki Matsumoto

  • On June 1, the Nikkei Shimbun published an article titled “Shareholder Proposal to Toyo Suisan, Seeking Explanation of Parent-Subsidiary Listing. I would like to discuss the issues in the article.
  • Although some may have impression that this problem is on its way to being resolved due to dissolution of relatively large companies, in reality there are still many parent-subsidiary listings.
  • For companies that are slow to make management decisions, the dissolution of parent-subsidiary listings may be just the beginning, so the resolution of the parent-subsidiary listing issue has just begun.

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