In activist paradise Japan, hedge funds rake in 1.7 times global average

Japanese companies are being pushed to tackle reforms, lifting stock prices

20251113N Activists

Japanese companies like Toyota Industries and Fuji Media Holdings have become activist targets, then have seen their share prices rise. (Source photos by Nikkei)

CHIHIRO ISHIKAWA, TAKAHISA TAMURA and RISA SATO

TOKYO -- Hedge funds investing in Japanese stocks have seen their returns soar to 1.7 times the global average this year, as activist investors jump on opportunities created by a broader push for corporate governance reforms.

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