Investors called "activists," who engaged in hostile takeovers against Japan companies as "talking shareholders," are once again targeting Japan companies. Hong Kong investment fund Oasis Management has repeatedly made demands on Fujitec, an elevator manufacturer headquartered in Shiga Prefecture.
Oasis' demands have almost been realized. Seth Fisher: "I think that whether or not we can improve corporate value depends largely on governance, and I think that in most cases, although not always 100%, it depends on governance"