Toshiba to Drop Two Board Members

The transcript discusses the upcoming press conference and shareholder meeting for Toshiba, highlighting the company's decision not to reappoint certain directors and executive officers. It delves into the implications of an independent report that criticizes Toshiba's management and political connections, including the involvement of Japan's trade minister and prime minister. The report suggests a challenging environment for activist investors in Japan. The transcript concludes with details on the upcoming events where Toshiba will address these issues.

What challenges do activist investors face in Japan according to the discussion?

What is expected to happen at the general shareholder meeting on June 25th?