ASICS Chairman Yasuhito Hirota On Activism In Japan And Corporate Governance Reforms
(MENAFN- ValueWalk) When Yasuhito Hirota arrived at ASICS Corp (TYO:7936) in 2018, the company was struggling to make money and its own people were blaming each other for it. The head office in Kobe said it made good products that the regional sales companies could not sell. The sales companies said they were working hard but the products did not fit their markets. In a fireside chat that closed out the presentations at Sohn Tokyo 2026, the chairman and CEO described how he ended that standoff, why he sold every cross-shareholding the company held, and why he welcomes an activist investor who runs marathons in his shoes.
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Toggle- Making someone responsible Selling the stable shareholders Running with an activist A global company with foreign owners Crises come every year What investors should watch
Hirota came to sneakers late. He spent close to four decades at...
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