It’s going to be a stormy meeting. The meeting will likely continue for hours and hours as individual investors will have a lot to say.
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Tomoko Murakami, a nuclear researcher at the Institute of Energy Economics, referring to TEPCO’s annual general meeting on June 28 which 7,000 shareholders are expected to attend. Tokyo riot police will be deployed to safeguard the meeting. (Bloomberg)
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Brainiac
It'll be interesting to see if investors do get noisy. Most Japanese companies' shareholders' meetings are incredibly boring and long-winded. Investors rarely ask questions. When I first came to Japan, the police were there to ward off the "sokaiya" hoods who would disrupt meetings and put the CEO on the spot by harassing him with repetitive questions. Now the cops will have to protect the CEO from angry shareholders.
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Kronos
I do not expect much to happen to be honest. TEPCO's reputation is already in tatters. The biggest stakeholders like the financial institutions usually hold discussions behind closed doors. So do not expect much action.
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YongYang
And GUESS who picks up the bill for the policing by the riot crew?
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