RetireJapan

zeroshiki wrote: ↑Thu Sep 16, 2021 5:34 am With that logic, why invest in the market at all? They might all be cooking the books like Olympus. Lets keep all our money under our mattresses.

Well, personally, I refuse to invest in any Japanese companies. I don't trust their accounting and corporate governance.

Why are you giving your money to SBI or Rakuten then?

Roger Van Zant wrote: ↑Fri Sep 17, 2021 1:30 am Well, personally, I refuse to invest in any Japanese companies. I don't trust their accounting and corporate governance.

zeroshiki wrote: ↑Fri Sep 17, 2021 2:45 am Why are you giving your money to SBI or Rakuten then?

Not sure continuing this discussion is going to yield much in terms of informing people or contributing to the positive forum atmosphere

Looks like Shinsei board are going to try their best to resist the takeover https://www.asahi.com/ajw/articles/14441668. Not sure if it's really in the shareholders' interests though...

https://news.yahoo.co.jp/articles/e01a8 ... b897f2f3f3

Seems like SBI has rejected Shinsei's request for an extension and Shinsei is now considering this a hostile takeover and defending itself.

Looks like Shinsei recently formed an alliance with Monex:
https://www.shinseibank.com/monex/guide/

A pre-emptive move against an SBI hostile takeover? Hmmm... the plot thickens!

fools_gold wrote: ↑Fri Sep 17, 2021 12:35 pm Looks like Shinsei board are going to try their best to resist the takeover https://www.asahi.com/ajw/articles/14441668. Not sure if it's really in the shareholders' interests though...

The shareholders' interests count for pretty much nothing in Japan. See the whole Olympus debacle?

Roger Van Zant wrote: ↑Sat Oct 09, 2021 12:46 am

fools_gold wrote: ↑Fri Sep 17, 2021 12:35 pm Looks like Shinsei board are going to try their best to resist the takeover https://www.asahi.com/ajw/articles/14441668. Not sure if it's really in the shareholders' interests though...

The shareholders' interests count for pretty much nothing in Japan. See the whole Olympus debacle?

These sort of "hot take" comments do not really add much to the conversation. While not explicitly racist, they are definitely infamatory.

EmaxisSlim Cultist wrote: ↑Sat Oct 09, 2021 6:28 am

Roger Van Zant wrote: ↑Sat Oct 09, 2021 12:46 am

fools_gold wrote: ↑Fri Sep 17, 2021 12:35 pm Looks like Shinsei board are going to try their best to resist the takeover https://www.asahi.com/ajw/articles/14441668. Not sure if it's really in the shareholders' interests though...

The shareholders' interests count for pretty much nothing in Japan. See the whole Olympus debacle?

These sort of "hot take" comments do not really add much to the conversation. While not explicitly racist, they are definitely infamatory.

Well, they serve to educate those less well-versed in how business in Japan works. Many people think Japanese companies operate with a similar level of corporate governance as companies in northern Europe, the UK, Australia etc.. They absolutely do not. It's something potential investors in Japanese companies should be aware of. Please, even bringing up the spectre of "racism" is ridiculous, and actually defamatory. Are you one of these people for whom any criticism of Japan equals racism?

I think this thread has probably run its course.