Toyota Motor Corp’s shares reached a record high on Wednesday, earning a rare message of thanks from the company’s president at its annual general meeting (AGM). The share price of Japan’s no.1 carmaker exceeded 10,000 yen ($90.84) on Tuesday for the first time, as investors welcomed Toyota’s strong sales, electric …
Read More »Toshiba colluded with Japan ministry to undermine shareholders, probe finds
Japan’s influential trade ministry effectively colluded with Toshiba Corp’s management to influence shareholder’s votes on director nominees at last year’s annual general meeting, an independent probe has found. Discrediting the government’s efforts to improve corporate governance in Japan, the investigators’ report lays out how the Ministry of Economy, Trade, and …
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