Toshiba needs 'prompt, appropriate' disclosure, Tokyo bourse chief says


FILE PHOTO: Toshiba logos are pictured at Toshiba Corp's annual general meeting in Tokyo, Japan, June 25, 2021. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) - The Tokyo Stock Exchange wants Toshiba Corp to make "prompt and appropriate" disclosure about its widening governance scandal, including who was responsible, the head of the bourse said, adding transparency remained a problem.

Hiromi Yamaji also told Reuters that activist investors - who have been in focus because of Toshiba - can be a force for better shareholder engagement at Japanese companies and help improve governance.

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