Insightia Quotes Steve Wolosky Discussing Shareholder Activism Opportunities in Japan

Steve Wolosky, Olshan Partner and Co-Chair of the firm’s Shareholder Activism Practice, was recently quoted in Insightia’s “Shareholder Activism in Asia 2022” update discussing the current uptick in shareholder activism campaigns from foreign investors in Japan. Steve reflected on the recent surge, saying, “There is certainly the opportunity now for more M&A campaigns from foreign investors. Higher interest rates may impact M&A campaigns as well as shine a light on companies that activists perhaps had on their radar and are now keen to engage with.” The report went on to note that activist investors face an uphill battle due to the Ministry of Economy, Trade, and industry’s (METI) 2019 revisions of the M&A process. In addition to M&A campaigns, activist investors are urging Japanese corporations to spotlight their climate policies.