|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||21.59 - 22.00|
|52-week range||12.36 - 23.60|
|Beta (5Y monthly)||0.63|
|PE ratio (TTM)||29.24|
|Forward dividend & yield||0.09 (0.45%)|
|Ex-dividend date||28 Sept 2020|
|1y target est||N/A|
Harvard University's endowment fund thanked a Japanese government adviser for advice, the industry minister said on Friday, in response to a probe that found a government adviser was involved in putting pressure on the fund. The comments from Hiroshi Kajiyama come as the industry ministry has been under scrutiny about the pressure put on foreign shareholders of Toshiba Corp, and the role of a former adviser, Hiromichi Mizuno. Kajiyama said Harvard thanked Mizuno for his advice.
TOKYO (Reuters) -Toshiba Corp's biggest shareholder Effissimo Capital Management described the conglomerate's board as "ineffective" in a statement on Thursday, and said it had failed to resolve governance and compliance shortcomings at the company. The statement marks the first time that Singapore-based Effissimo has made its views known since a shareholder-commissioned investigation revealed Toshiba colluded with the Japanese government to block foreign shareholders from having influence. Effissimo, which holds about 10% of Toshiba's shares, said the board's decision to remove only two board director nominees in response to the investigation was a reminder that it was unwilling to hold the board members accountable.
The chairman of Toshiba Corp, facing calls to resign amid a corporate governance scandal, said he may step down after revamping its board and appointing a new CEO, according to the Wall Street Journal. An independent investigation has alleged that Toshiba management colluded with Japan's trade ministry to block foreign investors from gaining board influence, reviving concerns about Japanese corporate governance and prompting calls for Board Chairman Osamu Nagayama to resign. "These are the two major tasks if I remain as a board member and the chairperson of the board," Nagayama was quoted as saying in the Journal interview.