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(Bloomberg) Voting at shareholder meetings in Japan may become more consequential if the decision by Japanese megabanks to divest their strategic holdings in Toyota Motor Corp. triggers a broader unwinding of cross-held shares among the country’s biggest companies.Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventPutin’s Wartime Central Banker Tells Him What He Doesn’t Want to HearBe ....
Why the hybrid boom is funding EVs livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
Toyota CEO Akio Toyoda to Step Down in April 2023 propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.
Akio Toyoda stepping down as CEO, but will still remain a force at Toyota iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
"The new appointment is less about a change in direction and more about careful consideration of the best possible way to organise the handover, avoiding disruption and chaos," said Julie Boote, an analyst at Pelham Smithers Associates in London. "It's likely that he'll remain active as chairman for a long time and continue to put his mark on Toyota." At 53, Sato will become one of only a handful of "outsiders" - non-members of the Toyoda family - to have held the top job at an automaker whose position and influence within corporate Japan cannot be overstated. ....