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ACGA Blog: Toyota Industries privatisation - A governance test Japan cannot afford to fail

The proposed privatisation of Toyota Industries Corporation (TICO) by the Toyota Group is being billed as a landmark in Japanese corporate history—a transaction that could, at face value, untangle decades of strategic-shareholdings and herald a new era of capital efficiency and governance. Yet, beneath the surface, the deal exposes the persistent frailties of Japan’s corporate governance regime and the enduring power of entrenched interests, writes Anuja Agarwal, ACGA Research Head, Japan and India. Read more here.