ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Japan Inc. updates strategy against hostile buyers

Toshiba Machine seeks shareholder support for 'emergency' takeover defense

Toshiba Machine has resorted to an "emergency" defense measure to fight a hostile bid by a fund linked to activist Yoshiaki Murakami. 

TOKYO -- Corporate Japan has new fodder for debate over corporate defenses after Toshiba Machine's spur-of-the-moment move to block an activist investor -- a potential test case that is being closely watched.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more