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Foreign Shareholders Lay Siege to Japan's Boardrooms

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Foreign Shareholders Lay Siege to Japan's Boardrooms
AIRED:
It's survived recession, and a strong yen but now Japan Inc. is under siege by foreign shareholders. With the country looking set for an economic revival, foreign investors have once again been snapping up Japanese shares. The latest data shows they own 28% of the total -- a record high. And that's started to impact Japan's conservative corporate culture. Annual meetings used to be a formality, where management offered prepared responses to softball shareholder questions.moreless
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