No stranger to turmoil, Dutch dealmaker Wynaendts set for Deutsche chair By Reuters

Toshiba draws up plan to prevent pressure tactics By Reuters

© Reuters. FILE PHOTO: Toshiba Corp logos are pictured at its annual general meeting in Tokyo, Japan, June 25, 2021. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) – Toshiba (OTC:) said on Thursday it had drawn up a plan to prevent pressure tactics after an investigation concluded that the government had colluded with Japan’s trade ministry to block investors from gaining influence at a shareholders’ meeting.

The plan includes a pledge for Toshiba to rectify its over-reliance on administrative authorities, and build a relationship of trust with shareholders, as well as record any contact between its executives and senior government officials.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link