TOKYO -- On the same day Toshiba shareholders voted to remove the company's board chairman, Japan's industry minister suggested that corporations key to national security need protection from activist investors.
"We will consider in the government whether there are ways to enable a certain measure of deterrence in cases where particular companies' business environment becomes unstable, threatening vital operations or research and development," Hiroshi Kajiyama, who heads the Ministry of Economy, Trade and Industry, told reporters Friday.