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3D render Da-kuk | E+ | Getty ImagesJapan is stepping up efforts to ensure its listed companies become more efficient with capital allocation and increase shareholder returns this year. "It's not just the Tokyo stock exchange, but the entire Japan government is pushing for better corporate governance right now," said Toru Yoshikawa, a business professor at Waseda University in Tokyo. watch nowWith this move, the onus also falls on Japan's government to ensure steady and reliable returns from Japan's companies. Corporate governance pushMonday's disclosures will be based on information as of December and the releases will be a monthly affair. "If rival companies are doing great improvements in corporate governance, others will tend to follow that move."
Persons: It's, Toru Yoshikawa, Fumio, Yoshikawa, Warren Buffet, Yunosuke Ikeda, Goldman Organizations: Getty, Japan, TSE, Waseda University, The Tokyo Stock Exchange, kickstarted, Japan Inc, Nippon, Savings, Corporate, Tokyo Stock Exchange, CNBC, Toyota, Goldman Sachs Locations: Japan, Tokyo, Denso, Goldman Sachs Japan
Goldman Sachs Japan chief to retire at year end - internal memo
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +1 min
People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsTOKYO, Nov 20 (Reuters) - Goldman Sachs' Japan president Masanori Mochida has decided to retire at the end of the year after more than 38 years at the investment bank, according to an internal memo seen by Reuters. The internal memo dated Sunday from Goldman (GS.N) CEO David Solomon said Mochida will become a senior director, without mentioning who would succeed his role as president. He became co-branch manager of Goldman Sachs Japan in 1999. "Masa has served as an invaluable advisor to our most important clients across Japan and beyond on countless transactions, helping them advance their strategic objectives with Goldman Sachs at their side," the memo said.
Persons: Goldman Sachs, Andrew Kelly, Masanori Mochida, David Solomon, Mochida, Masa, Makiko Yamazaki, Stephen Coates Organizations: REUTERS, Rights, Japan, Reuters, Goldman, ichi Kangyo Bank, Mizuho Bank, Goldman Sachs Japan, Nippon Telegraph, Telephone, Financial Times, U.S, Thomson Locations: Manhattan , New York, U.S, Japan's, Japan, Tokyo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect Japan's fiscal package to be spread over a few years: EconomistTomohiro Ota of Goldman Sachs Japan says fiscal projects in Japan are likely to be spread over three to five years, and their impact on economic growth will be diluted.
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