Japan has 'long way to go' on governance reform: Oasis founder

Despite rally, stocks still cheap beyond biggest companies, Seth Fischer says

20230804N Seth Fischer

Seth Fischer, founder of Hong Kong-based activist investment firm Oasis Management. The company has pushed for change at such Japanese companies as Nintendo and elevator maker Fujitec.  © Reuters

MOMOE BAN, Nikkei staff writer

NEW YORK -- Japan has made real progress on corporate governance, by improving communication with shareholders and installing more independent directors, but still has "a long way to go," Seth Fischer, founder of Hong Kong-based activist investment firm Oasis Management, told Nikkei.

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