Does BlackRock want Japan Inc. to be green or very green?

Ahead of general meetings, companies keen to know firm's ESG positions

20220602TK Larry Fink

Larry Fink's BlackRock is a major shareholder in many Japanese companies. What his firm says on environmental, social and governance issues will affect the course these companies take. © World Economic Forum

RYUSHIRO KODAIRA, Nikkei senior staff writer

TOKYO -- June is the season for corporate annual general meetings in Japan. A key question for many Japanese companies is how asset manager BlackRock will execute its voting rights, since the New York-based firm with $10 trillion in assets under management has extensive holdings in the country.

What BlackRock says on environmental, social and governance issues will inevitably impact how companies need to act.

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