Financial regulator seeks changes to governance code to spur growth investment
Japanese companies have piled up huge amounts of cash reserves that authorities want to see put to use. (Source photos by Nikkei)
SHIORI GOSO
October 23, 2025 03:52 JST
TOKYO — Japan’s top financial regulator on Tuesday began discussing changes to the country’s corporate governance code that would push companies to spend their massive cash reserves on growth investments and shareholder payouts.