Today’s Japanese business slang is “Mono-iu-Kabunushi”.

As mentioned in the previous lesson, no one made objection at Japanese stockholder meeting previously.  Therefore, they were called “Shan-shan Soukai”.

After bubble economy collapsed, in order to strengthen Japanese companies, holding stocks among group companies with each other was stopped.  As a result, foreign institutional investors became the shareholders of Japanese large firms.

They make objections and proposal to the board of directors in order to raise stock price in the short term.

Thus, foreign institutional investors are “Mono-iu-Kabunushi (Speaking sharesholders).”

Japanese companies are facing to global economy and can not survive without real competitive strengths.