The June general shareholders' meeting season has arrived. In recent years, not only activists (talking shareholders), but in the past it was seen as the “ruling party” on the corporate sideAsset management and management companies are also making strict evaluations of companies regarding the exercise of voting rights。
Professional investors' evaluations can also be called “the trend of stock selection,” and there is a possibility that subsequent stock prices will also be affected. Therefore, major domestic asset management and management companies have announcedCriteria for exercising voting rights at general shareholders' meetingsBased onOperation professionals say “NO!” to management 10 points to confrontI gave an example. It would also be a good idea to check stocks that have already been invested in and stocks that are candidates for investment from the following viewpoints.
◆Checkpoint 1：Continuous deficits
Regarding performance, there are many management companies that oppose the appointment of directors of companies that have continuous deficits. Many management companiesOppose the reappointment of top management or directors who have been in office during the deficit period for 3 consecutive terms in deficitIt says so.
Meiji Yasuda Asset Management says it opposes in principle the reappointment of representative directors of companies that have had operating deficits for 2 consecutive terms.
◆Checkpoint 2：Low ROE
ROE (return on equity) is 3...