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Japan's once-feared corporate racketeers nearly vanish from shareholder meetings

TOKYO -- The 2026 shareholder meeting season has drawn to a close in Japan. At the height of the season in June, police confirmed the presence of just

  • Once-feared Japanese corporate racketeers nearly vanish from shareholder meetings.
  • Only one sokaiya reported at 2026 annual shareholder meetings, lowest on record.
  • Cracking down intensified in 1997, reducing sokaiya from 1,700 in 1983 to 130 in 2025.

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