Economy“Use him as a free management consultant”: Why Foster Electric brought an activist shareholder onto its board

Foster Electric, a company listed on the Tokyo Stock Exchange’s Prime Market, has taken an unprecedented step by bringing a representative of an activist shareholder onto its board. The person became an outside director at the general shareholders’ meeting held in June. He also represents the investment fund that is the company’s largest shareholder. The move raises the question of why Foster Electric chose to bring the outspoken shareholder into board deliberations and make full use of him as a free management consultant.

Foster Electricactivist shareholdercorporate governance

TToyo Keizai★★☆☆☆2026-07-15 20:20Original