{"id":272,"date":"2019-06-25T04:05:48","date_gmt":"2019-06-24T19:05:48","guid":{"rendered":"https:\/\/www.kitahama.or.jp\/english\/?post_type=practice&#038;p=272"},"modified":"2019-06-25T04:05:49","modified_gmt":"2019-06-24T19:05:49","slug":"hostile-takeovers-activist-actions","status":"publish","type":"practice","link":"https:\/\/www.kitahama.or.jp\/english\/practices\/272\/","title":{"rendered":"Hostile Takeovers\/Activist Actions"},"content":{"rendered":"\n<p>Today\u2019s listed companies are experiencing a growing need for high-capital-efficiency management, and when market valuation is inadequate in regard to capital efficiency, companies are vulnerable to pressure from activists and others who acquire shares and then push for substantial shareholder rewards, business restructuring or the like. In addition, in some cases, companies may fall victim to hostile buyout proposals not based on agreement with their current management.<\/p>\n\n\n\n<p>Our firm provides strategic advice tailored to each case, stressing the importance of dialogue with shareholders and supporting the introduction of takeover defense mechanisms, in consideration of the continuous nature of the shareholder-management relationship, the reasonableness of the shareholder proposal, and the risks to management.<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":124,"menu_order":15,"template":"","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"practice-category":[5],"class_list":["post-272","practice","type-practice","status-publish","hentry","practice-category-law"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hostile Takeovers\/Activist Actions - Practices - Kitahama Partners<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kitahama.or.jp\/english\/practices\/272\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hostile Takeovers\/Activist Actions - Practices - Kitahama Partners\" \/>\n<meta property=\"og:description\" content=\"Today\u2019s listed companies are experiencing a growing need for high-capital-efficiency management, and when market valuation is inadequate in regard to capital efficiency, companies are vulnerable to pressure from activists and...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kitahama.or.jp\/english\/practices\/272\/\" \/>\n<meta property=\"og:site_name\" content=\"Kitahama Partners\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-24T19:05:49+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.kitahama.or.jp\/english\/practices\/272\/\",\"url\":\"https:\/\/www.kitahama.or.jp\/english\/practices\/272\/\",\"name\":\"Hostile Takeovers\/Activist Actions - 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