Amid growing pressure from institutional investors, 20 of the 29 major companies on the Tokyo Stock Exchange with no female executives will appoint women to their boards during their June shareholders meetings.
By Makiko Yamazaki TOKYO (Reuters) - Japan's asset managers nudged the volume up another notch at shareholder meetings this year, increasingly opposin.
At a recent shareholders’ gathering of consumer loan provider Acom Co., an institutional investor from Europe proposed that its “articles of incorporation be revised to have at least one female director.”