TOKYO -- Activist funds have hit record levels in Japan, jumping more than 50% since 2017, a sign that government efforts to shake up the country's famously opaque corporate governance are beginning to take effect.
Reforms open way for new battle against opaque corporate governance

Like much of Asia, Tokyo has become fertile ground for activist funds thanks to increased corporate transparency.
TOKYO -- Activist funds have hit record levels in Japan, jumping more than 50% since 2017, a sign that government efforts to shake up the country's famously opaque corporate governance are beginning to take effect.