TOKYO — Japan is heading into its peak season for annual shareholder meetings with companies racing to implement safety measures and find effective ways for investors to meet and vote amid the coronavirus pandemic.
June is usually a whirlwind of AGMs across Japan. Large companies welcome thousands of investors to events that are part official business, part marketing opportunity, with shareholders enjoying corporate hospitality and the odd freebie.
But this year many are scaling back their plans drastically. “Please refrain from coming to the general meeting,” Toyota Motor and Sony both told shareholders.
In a normal year Toyota would put