日本上市公司在2023财年(截至2024年3月)出售了创纪录的3.6万亿日元的交叉持股,比上财年增长了90%。东京证券交易所要求改善资本效率,以及海外投资者的批评促使日本企业加速出售交叉持股,打破了“稳定股东”的屏障,也为日本企业的并购提供了新的契机。丰田集团、日立制作所等企业纷纷出售交叉持股,并将所得资金用于回购股票、投资增长领域等。预计未来日本企业将进一步增加出售交叉持股,并利用所得资金提升企业价值,以应对可能出现的并购。
Original Title: 日企23财年出售3.6万亿日元交叉持股,创新高
Summary: Japanese listed companies sold a record 3.6 trillion yen in cross-shareholdings in fiscal year 2023 (ending March 2024), up 90% from the previous year. The Tokyo Stock Exchange’s call for improved capital efficiency and criticism from overseas investors have prompted Japanese companies to accelerate the sale of cross-shareholdings, breaking down the barrier of “stable shareholders” and creating new opportunities for mergers and acquisitions among Japanese companies. Groups such as Toyota and Hitachi have sold cross-shareholdings, using the proceeds to repurchase shares, invest in growth areas, and more. Japanese companies are expected to further increase the sale of cross-shareholdings in the future, and use the proceeds to enhance corporate value to address potential mergers and acquisitions.
Original article: http://cn.nikkei.com/politicsaeconomy/stockforex/56551-2024-08-29-09-52-17.html?print=1