'Japan Looks To Keep Companies Honest About Cross-Shareholding Cuts; Tighter Disclosure Rules Aim To Keep Shares From Being Repurposed In Name Only' - Nikkei Asia
Portfolio Pulse from Benzinga Newsdesk
Japan is tightening disclosure rules for companies reclassifying cross-shareholdings to ensure transparency and prevent misleading practices. This move aims to address concerns about companies concealing their true intentions and to satisfy institutional investors' demands for unwinding strategic shareholdings.
August 22, 2024 | 4:07 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The iShares MSCI Japan ETF (EWJ) may be impacted by Japan's new disclosure rules on cross-shareholdings, as these changes could affect the valuation and transparency of Japanese companies included in the ETF.
The new rules could lead to changes in the valuation of Japanese companies, which are part of the EWJ ETF. However, the direct impact on EWJ's price is uncertain as it depends on how individual companies respond to these regulations.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50