Study Group to review Minority Shareholder Protection and other Framework of Quasi-Controlled Listed Companies

Study Group to review Minority Shareholder Protection and other Framework of Quasi-Controlled Listed Companies

On November 29th, 2019, Tokyo Stock Exchange, Inc. ("TSE") established the "Study Group to review Minority Shareholder Protection and other Framework of Quasi-Controlled Listed Companies."

The Study Group will discuss matters such as (a) how to manage shareholder conflict of interest, i.e. the interests of a quasi-controlling shareholder(s) who has substantial control based on the holdings of voting rights of listed companies ("Quasi-Controlling Shareholder"), and minority shareholders of listed companies controlled by such Quasi-Controlling Shareholder(s) ("Quasi-Controlled Listed Companies") and (b) frameworks of minority shareholder protection.

Outline of Study Group to review Minority Shareholder Protection and other Framework of Quasi-Controlled Listed Companies

Outline of Study Group to review Minority Shareholder Protection and other Framework of Quasi-Controlled Listed Companies (including Members) (as of December 27th, 2019) icon-pdf