3 Comments

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  kemiko at 06:26 PM JST - 13th April

  No doubt the foreign firms should not be allowed to be significant shareholders of these Jp companies important for the national securities and so as this case. Jp government should not be stupid enough to allow the situation to happen in Japan, where the Bechtel Corporation almost privatising even rain water in Bolivia. More importantly the government must raise awareness of the national security in the energy and food and educate and train Jp people to work for these companies in the essential fields globally competitive raising the share price much higher such that no firm can buy the stakes.

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  frontandcentre at 10:57 AM JST - 14th April

  kemiko - if this is a tactically important industry, fine - nationalise it! If, however, you are going to allow its shares to be openly traded on a stock exchange, you can't choose who buys those shares, and you have to work on the assumption that whoever does has the financial health of the company at heart (which is pretty obvious in this case, as it involves an investment fund).

  Japanese companies own significant stakes in many British companies and in some cases have taken them over completely. There is absolutely no reason why British companies shouldn't be able to do the same in Japan

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  some14some at 12:24 PM JST - 14th April

  Nothing for Govt panel to examine, result is known i.e. 'No' to TCI

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