In today’s briefing:
- Increasing Pressure from Investors for Dissolution of Parent-Subsidiary (Inc. Affiliates) Listings
Increasing Pressure from Investors for Dissolution of Parent-Subsidiary (Inc. Affiliates) Listings
- There are 167 companies of 1,784 companies in Metrical Universe (12/2023) with major shareholders holding over 50% stake, and 605 companies with major shareholders holding between 20% and 50% stake.
- TSE has requests listed parent companies, listed subsidiaries, and affiliates to disclose the significance of parent-subsidiary (affiliates) listings. This will further increase pressure for the dissolution of parent-subsidiary (affiliates) listings.
- Hitachi’s transformation into value-creating company, which once spawned numerous listed subsidiaries, has been a success story since it began full-fledged “selection and concentration” process through the dissolution of parent-subsidiary listings.