by Akane Hashimoto
HC Picks
● Japan’s Cabinet Approves Tougher Rules on Foreigners Owning Stocks
> “Some market participants have complained that the planned rules could serve as an impediment to investment”
● Japan’s Taiju Life to shift away from FX-hedged foreign bonds
> “Taiju Life, former Mitsui Life, is the root of our CEO, Mr. Morimoto.”
● WeWork’s Failure is SoftBank’s Day Of Reckoning
● Beyond repair? New Nissan CEO has bigger problems than Ghosn
> “It may be time to focus on the function of board overseeing managements activities. There is too much talk on compensation and limited focus on management policies.”
● Elliott pushes Japan’s Unizo to accept $1.6 billion Blackstone bid
# Governance / Stewardship / Fiduciary
● In pictures: Typhoon Hagibis tears Japan apart
> “Enormous water power…”
● Emperor’s enthronement set to bring world to Japan