TSE should delist Toshiba now

The bourse should delist Toshiba and fulfil its responsibility to protect small investors. Continued trading is an indictment of Japan’s corporate governance.

TSE should delist Toshiba now

The Tokyo Stock Exchange should stop retail investors trading Toshiba’s stock in an information blackout, where powerful, vested interests are building a consensus on the fate of the erstwhile national champion behind the scenes.

When even senior management admits events are transpiring beyond their control, the apocryphal Mr. and Mrs. Watanabes can not make rational investment decisions.

After all, even Toshiba's CEO Satoshi Tsunakawa said repeatedly I don't understand quite what...

To continue reading, please login or register for free

Click for more on: tse | esg | toshiba | japan

Print Edition

FinanceAsia Print Edition