Author: David Dolan

A recent $39 billion takeover bid for 7-Eleven’s parent company by a Canadian firm signals a shift in Japan’s corporate governance landscape, causing unease among CEOs who fear they may be next in line, according to Takeshi Niinami, the CEO of Suntory Holdings. In a Reuters NEXT Newsmaker interview, Niinami pointed out that Seven & I’s decision to reject the bid from Alimentation Couche-Tard reflects a new trend where Japanese companies are no longer automatically dismissing foreign offers but are instead focusing on the value they can bring. As a prominent figure in Japan’s business community, Niinami’s perspectives hold weight,…