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Tokyo Stock Exchange President and CEO Hiromi Yamaji speaks to Nikkei Asia in Tokyo. (Photo by Ken Kobayashi)
Market Spotlight

Tokyo Stock Exchange boss tells Japan to embrace activist investors

'Frank, open discussions' could help decision-making, says CEO Yamaji

MITSURU OBE, Nikkei Asia chief business news correspondent | Japan

TOKYO -- The head of the Tokyo Stock Exchange urged companies to open a dialogue with activist investors instead of trying to shut them out, saying they can add urgency to decision-making that could lift the value of Japan Inc.

The candid remarks from Hiromi Yamaji, president and CEO of the exchange, come as the former Nomura banker puts the finishing touches on a revamp of the TSE's structure that aims to raise the bar for companies in its top tier.

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