Activists step up investments in Japanese companies

Elliott Management and others believe proposals now have easier path to success

20190924 Sony vs activists

Sony has rejected an activist proposal that it spin off its sensor business. (Photo by Akira Kodaka)

TAKENORI MIYAMOTO, Nikkei staff writer

NEW YORK -- Activist investors are circling Japan Inc.

A tally by Nikkei shows that in the first eight months of this year 139 cases of fresh or additional stock purchases were made specifically so that activist investors could present management with significant proposals.

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