1. In Japan Inc, Activist Investors Come in From the Cold

    In Japan Inc, Activist Investors Come in From the Cold

    TOKYO (Reuters) - Yasuo Takeuchi remembers the horror he felt in 2017 when, as chief financial officer of Japan's Olympus Corp, he was told an activist investor had taken a stake in the company: the barbarians were at the gate. But as he listened to proposals from ValueAct Capital, Takeuchi began to see the San Francisco-based fund as a potential catalyst for change at Olympus, which was still reeling from an accounting scandal and, he believed, remained too domestic in its outlook...

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    1. I was ready to turn all of our business as usual upside down.
    2. Companies like Olympus are a few exceptions, with most firms hoping to stay away from activists.
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