Record 50 Japanese firms hit with activist shareholder proposals

TOKYO -- Activist investors have targeted at least 50 Japanese companies with shareholder proposals so far in 2025, a record high for this point in the year, amid a wider push for corporate reforms.

Mitsubishi UFJ Trust and Banking compiled this tally from convocation notices issued by companies that close their fiscal years in March. The number of activist proposals increased by four from last year, according to the notices received through Friday.