Japan’s insular island mindset —Shimakuni-konjo strikes again!
Shareholders attack Takeda for hiring foreign executives
The Financial Times / June 20, 2014
A push by Japan’s biggest drugmaker to globalise has come under attack by more than 100 former executives and shareholders, casting a cloud over broader efforts by the country’s top companies to internationalise…
…110 former executives and individual investors questioned the company’s appointment of non-Japanese to several senior positions.
“The company’s globalisation is a wrong globalisation. It should be globalised as a Japanese company…” said Yujiro Hara, a former head of Takeda’s real estate subsidiary who represents the group.
The rest-of-the-story is that like any Japanese company foreigners ruin all the fun. Takeda Pharmaceutical’s management like any good Japanese company spends all their profits in drinking and whoring parties and well as hiring from their alma mater their conies and massive “sales forces” that sell less than their wages. Foreign management stops all that nonsense.
Notice that Yujiro Hara, a former head of Takeda’s real estate subsidiary is one of those conies who did not provide value to Takeda since the drug company has no logical reason to have a real estate subsidiary, sheesh.