TSE:6856Electronic
Does Rising Activism and AGM Pushback Reshape the Governance Case for HORIBA (TSE:6856)?
At HORIBA’s 2026 AGM held earlier this year, Chairman Atsushi Horiba was reappointed with only 74.4% shareholder support, highlighting concerns over governance, capital allocation, and portfolio oversight.
The continued activism of 9.90% shareholder Oasis Management, pressing for clearer portfolio review criteria and stronger board independence, underlines mounting pressure for concrete governance reforms.
We will now examine how rising shareholder pressure for clearer portfolio...