Toyo Suisan has consistently outperformed Nissin Foods in North America, one of the most profitable and fastest-growing markets in the world.
It generally starts with shareholder proposals that by regulation can only address specific issues, such as capital allocation and dividends.
Last year, 3% of corporate governance shareholder proposals were passed and 4% of balance sheet-based shareholder proposals were passed.
First, it shows the opportunities available to activists in Japan where reasonable shareholder proposals could lead to significant shareholder value creation.
Brian Doyle of Nihon Global and his team are a good example of this.
Persons:
Toyo Suisan, Toyo Suisan's, Nissin, Nihon, hasn't, Judge Chamberlain Haller, Vinny, Nihon Global's, Brian Doyle, Hiroyuki Otsuka, Carlyle, Ken Squire
Organizations:
Toyo, Nihon Global Growth Partners Management, Nihon Global, Nihon, Nissin, Foods, Nissin Foods, Tokyo Stock Exchange, U.S, White, Newton Investment Management, 13D
Locations:
Japan, Toyo, North America, Mexico, U.S, American, United States, Asia