EquitiesGovernment and ruling party proposal would cut influence of activist investorsA proposal in the works would require shareholders in Japanese listed companies to have at least 5% of voting rights before requesting a special meeting. (Photo by Yohei Fukai)SATOSHI TEZUKAJuly 17, 2026 05:18 JSTTOKYO -- Japan's government and the ruling Liberal Democratic Party look to require a larger ownership stake for shareholders that wish to request extraordinary meetings, aiming to curb excessive calls by activist investors.