Foreign activists take aim at bigger targets in corporate Japan

The number of activist campaigns in Japan continues to rise, reaching 72 between January and May, compared with 70 in the same period last year. (Illustration by Yoshiko Kawano)

Investor campaigns adopt American style, turning bolder and more creative

TOKYO -- As corporate Japan's annual general meeting season reaches its peak in the coming week, activist investors are descending on their second-largest market after the United States with bigger targets in their sights.