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4 directors call for Toshiba shake-up in revolt after explosive probe

Four Toshiba Corp directors called on Friday for a shake-up of its management and board, in a sign of revolt after an investigation found the conglomerate colluded with the Japanese government to "beat up" foreign shareholders. The very public push-back by the independent directors, all non-Japanese, is the latest twist… ....

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Taiyo Pacific Partners L.P. Becomes Major Shareholder in ZENKOKU HOSHO CO., Ltd. with Stake Over 5%


Press release content from Business Wire. The AP news staff was not involved in its creation.
Taiyo Pacific Partners L.P. Becomes Major Shareholder in ZENKOKU HOSHO CO., Ltd. with Stake Over 5%
February 15, 2021 GMT
TOKYO (BUSINESS WIRE) Feb 14, 2021
Taiyo Pacific Partners announced today that it has accumulated in excess of 5% in ZENKOKU HOSHO Co., Ltd. (7164). Taiyo Pacific Partners is known for its cooperative investment style working with senior management to enhance shareholder value.
Brian K. Heywood, Chief Executive Officer and Managing Partner of Taiyo Pacific Partners, said, “We love companies that own their niche. ZENKOKU HOSHO is the largest independent mortgage guarantor in Japan and President Ishikawa has been able to consistently grow market share. I believe his focus on creating value will lead to a satisfied customer base and satisfied shareholders.” ....

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