Japan activist group hails bourse reform as remedy for undervalued stocks
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – A group of investors led by prominent activist shareholder Yoshiaki Murakami said a push by the Tokyo bourse for better capital efficiency will strengthen their crusade to reduce Japan’s unusually high number of chronically undervalued stocks. Japan is almost unique among major economies in the number…
