Global SR Program Shareholder Identification Proxy Solicitation Corporate Governance

Japan Shareholder Services Ltd.

A member of MUFG

Part 3: Shareholder Activism and Corporate Control

Part 3 examines shareholder activism and corporate control – issues that have become increasingly critical for listed companies – and offers a practical, step-by-step overview for readers.

To foster a deeper understanding of fund activism faced by listed companies, this section outlines the “hedge fund” industry, including funds commonly viewed as “activist” investors, and examines their investment strategies through expert insights.

It then explores the background and evolving tactics behind the rise of fund activism through real-world examples, outlining key considerations and preparedness measures for companies. Finally, the section analyzes the rapidly expanding market for corporate control, now a major driver of policy initiatives, and discusses its utilization and prospects from a corporate perspective.

For a comprehensive discussion, please refer to the full text.

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