In today’s briefing:
- The Goose that Takes Out the Golden Egg Dies. Manager Should Explain How the Goose Can Grow Bigger
The Goose that Takes Out the Golden Egg Dies. Manager Should Explain How the Goose Can Grow Bigger
- In the long run, making Oriental Land, which is more profitable, a consolidated subsidiary through TOB would contribute to expanding Keisei’s corporate value.
- Keisei’s foreign shareholder ratio is 27.4%. It seems premature for the rotating president to change at once the company’s tradition of maintaining 40-year relationship with Oriental Land as an affiliate.
- Keisei should explain how it will develop its relationship with affiliate to increase corporate value, and what its business strategy would be if it were to sell its shareholding instead.
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