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...It has already unwound some of its cross-shareholdings in an effort to mobilise resources....
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...“But are these interesting lab-scale innovations that still have a big bridge to cross before they are manufacturable, or something that can soon be produced at scale?” he asks....
...Despite the recommendations from proxy advisers, there was no major risk that Toyoda would be ousted since the company has large cross-shareholdings and is strongly backed by retail investors....
...In response, Toyota said the number of cross-shareholdings declined from 200 at the end of March 2015 to 148 last year and that it planned to reduce them further....
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...It is also, via the magic of cross-holdings, the single largest private sector owner of Toyota Motor shares....
...It ranks around 15th in the world, far ahead of Japan’s market leader, Toyota Motor....
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...British Grand Prix, Silverstone The Royal Automobile Club’s annual 52-lap motor race is a famed stop-off during the Formula One rounds....
...Over time, Toyota became a model for corporate Japan. The company also built an intricate network of cross-shareholdings that later raised questions about its governance structure....
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...His words underlined the deep ties between Japan Inc and Thailand, a market Toyota and some of Japan’s other big corporations have come to see as part of their own backyard....
...[MUSIC PLAYING] Some people are now allowed to cross the border from Gaza into Egypt....
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