Energy Semiconductors and Investors

law: The threshold is far lower than the current 10 percent, according to The Japan Times. The revised law is expected to take effect around May next year. According to the survey, 86 percent of responding institutional investors worldwide believe the revised foreign exchange and trade law could negatively affect foreign investment in Japanese stocks. ; Enacted in November, the revised law requires foreign investors to notify the government before acquiring a stake of 1 percent or more in listed companies in national security-related fields such as weapons, nuclear energy and semiconductors. Organizations including the CFA Society Japan conducted the survey from Nov. 15 to 27, collecting answers from 115 institutional investors working for asset management companies, banks, life insurance businesses and others. But many respondents are critical of what they see as an attempt to restrain shareholders from exercising the right to submit proposals. Institutional investors will be exempt from the tighter regulations unless they demand a position on the company's board or the transfer or discontinuance of a key business. (news.financializer.com). As reported in the news.