Toyo Keizai Data Services

It has been said that director compensation in Japan is relatively lower than in other developed markets. However, this is changing year by year, as shown in the bar chart race. https://lnkd.in/g-J8M2C5 Traditionally, fixed compensation occupied a large part of the total, but the ratio of performance-linked compensation has been gradually increasing to align more closely with shareholders' interests. If you’d like to see a list of directors who receive more than 100 million yen in compensation, please contact us. The breakdown of fixed and performance-linked compensation is also available. For background information on each director, please refer to our “Director’s Handbook(https://lnkd.in/gQaGaBgq)" or the “Director’s Profile Data(https://lnkd.in/gt-vFqxX)" released today. These resources are widely used by securities brokers for insider regulation purposes as well. For further information, don’t hesitate to contact us at product@toyokeizai.co.jp. hashtag #director hashtag #compensation hashtag #Japan hashtag #equity hashtag #alternative hashtag #data

Excited to attend the Neudata Data Summit in San Francisco later this month! It's going to be an amazing opportunity to meet with the alternative data community and discuss the latest industry trends. Come by TOYO KEIZAI booth to ask about Japanese stock market data at 1v1 meeting. We are looking forward to meeting you soon!

Cross-shareholdings, a sort of non-pure investment peculiar to the Japanese equity market, gets great attention from market players all over the world. Especially for non-life insurance industries, the Financial Services Agency in Japan pointed out that improper business relationships due to cross-shareholdings would be strongly suspected of contributing to the cartel. In light of this situation, non-life insurance companies (Tokio Marine Holdings, Inc./MS&AD Insurance Group Holdings, Inc./Sompo Holdings, Inc.) expressed to dissolve the cross-shareholdings in the near future. This problem has been spreading to other industries as well, particularly the banking industry. In line with this, it’s quite important to understand the fluctuations in cross-shareholdings for equity investment. TOYO KEIZAI “Cross-shareholdings database(https://lnkd.in/gdWyx4ay is the best tool for your investment in the Japanese equity market. Deeper analysis can be done along with the top 30 “Major Shareholders database(https://lnkd.in/gx5KwXSF. Plenty of back history is available for these databases. For your information, watch the bar chart race video for non-life insurance companies in the following. Tokio Marine: https://lnkd.in/gByUh3pc MS&AD: https://lnkd.in/ga3KX9mE Sompo: https://lnkd.in/gBQshw_9 For further information, don’t hesitate to contact “product@toyokeizai.co.jp”. #Cross #shareholding #Japan #equity #alternative #data

"Parent-child listings in Japan" Theme: Event-Driven Dear Connections, We hope this post finds you well!  Today, we would like to share the topic "Parent-child listings in Japan" using our “Affiliates data”.   In Japan, compared to other countries, there are many cases in which a listed company has some publicly listed subsidiaries, "Parent-child listing”. This is said that listed parent companies often also list their subsidiaries in order to smoosify financing and recruiting activities. However, recently, "Parent-child listing” has been criticized in terms of corporate governance and there is a trend that it has been on the decline. The main cons of the "Parent-child listing” are as follows; The conflict of interests between minority shareholders and the parent company. Increase in expenses to maintain listing such as IR cost Outflow of subsidiary profits Currently, in Japan, there are about 200 pairs of "Parent-child listing” and the number of these decreases year by year. In some cases when solving the "Parent-child listing”, parents make the undervalued listed subsidiary wholly owned through TOB with the premium. For value investors and event-driven investors, a TOB with a premium is one of the catalysts for stock revaluation. Therefore, in this study, using our latest version of “Affiliates data” published this August as a source of information, we investigated the list of the "Parent-child listings in Japan"  targeting parent companies who have more than two listed subsidiaries. This “Affiliates data” contains information on consolidated subsidiaries and affiliated companies of all listed companies in Japan. Containing information including the relationship between the parent company and the subsidiary, as well as the shareholding ratio of the parent company in its subsidiaries and affiliates, the database can be utilized for a wide range of purposes. If you want to know more details and the latest on this product please feel free to contact us!

"Parent-child listings in Japan" Theme: Event-Driven Dear Connections, We hope this post finds you well!  Today, we would like to share the topic "Parent-child listings in Japan" using our “Affiliates data”.   In Japan, compared to other countries, there are many cases in which a listed company has some publicly listed subsidiaries, "Parent-child listing”. This is said that listed parent companies often also list their subsidiaries in order to smoosify financing and recruiting activities. However, recently, "Parent-child listing” has been criticized in terms of corporate governance and there is a trend that it has been on the decline. The main cons of the "Parent-child listing” are as follows; The conflict of interests between minority shareholders and the parent company. Increase in expenses to maintain listing such as IR cost Outflow of subsidiary profits Currently, in Japan, there are about 200 pairs of "Parent-child listing” and the number of these decreases year by year. In some cases when solving the "Parent-child listing”, parents make the undervalued listed subsidiary wholly owned through TOB with the premium. For value investors and event-driven investors, a TOB with a premium is one of the catalysts for stock revaluation. Therefore, in this study, using our latest version of “Affiliates data” published this August as a source of information, we investigated the list of the "Parent-child listings in Japan"  targeting parent companies who have more than two listed subsidiaries. This “Affiliates data” contains information on consolidated subsidiaries and affiliated companies of all listed companies in Japan. Containing information including the relationship between the parent company and the subsidiary, as well as the shareholding ratio of the parent company in its subsidiaries and affiliates, the database can be utilized for a wide range of purposes. If you want to know more details and the latest on this product please feel free to contact us!