Some 40% of Tokyo companies disclose capital plans, as investors hope for big changes ...Middle East

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Some 40% of Tokyo companies disclose capital plans, as investors hope for big changes
TOKYO (Reuters) – The Tokyo Stock Exchange (TSE) on Monday said 40% of companies listed on its prime section had disclosed plans to improve capital efficiency, with another 9% considering such plans, in what investors hope will be a sign of more change to come. For the first time, the top bourse in the world’s third-largest economy has released a list of companies that have complied with its request to lay out plans on how they intend to improve their use of capital, as part of a broader governance push. The move is one of a number of measures by the bourse and the government that have helped propel the Tokyo market to its highest level in more than th

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