Reletter
Artwork for Quorum

Quorum

RyoN

Tracking corporate change in Japan — every week, from primary filings.

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues9Founded2 months agoLast Issue17 days ago
Active

Read this Newsletter

quorumjapan.substack.com
Artwork for Quorum

Latest Issues

A Different Activist, the Same Ceiling

Every number in this newsletter’s structural-floor thesis so far has come from one fund: Oasis Management. That invites an obvious question. Is the 20-to-25-point ceiling on activist proposals an Oasis-specific pattern, or a Japan-market on...

17 days ago
1

The Closest Vote of the Season Wasn't an Activist's. It Was the Company's Own.

This season’s structural floor has held for three companies so far. At KADOKAWA, Kyocera, and Iyogin, activist and minority shareholder proposals — arguments backed in two cases by both ISS and Glass Lewis — topped out between 8.31% and 26....

24 days ago

A Regional Bank Almost Renamed Itself "Shareholders in Hell Holdings." Now the Rules Are Changing.

In April 2026, a shareholder holding 302 shares of Iyogin Holdings — 0.01% of total voting rights — submitted a formal proposal for the company’s annual general meeting. They wanted the company to change its legal name to Iyogin Kabu Nushi...

a month ago
1

Two Shells, One Fund, One Day: The Bain Capital Double Delisting

In issue 3, I logged three take-privates from a single EDINET filing window. Two of them shared a common backer — Bain Capital — operating through two separately named acquisition vehicles, with no cross-reference anywhere in either set of...

a month ago

A Company an Activist Is Watching Just Sold About ¥3 Billion of Another Company's Stock

Japanese companies own large blocks of each other’s shares. A manufacturer holds its bank; the bank holds the manufacturer; a supplier holds its customer. These are cross-shareholdings — stakes held not for return but for the relationship —...

a month ago

Key Facts

Contact Information
Newsletter Author
Number of Subscribers
Find out how many people subscribe to this newsletter.

Audience Metrics

Subscribers, engagement, traffic and sponsorship for Quorum.

SubscribersEngagement62Monthly Web Visits
Accepts SponsorsEstimated Cost per Ad

Authors

The writers behind this newsletter.

  • RyoN

    Former Apple, non-engineer. I read Japan's primary filings in the original and write about corporate change. On the side I build trading bots for fun and run a one-person company on AI agents. Independent research, not advice.

  • Frequently Asked Questions

    How can I access the email archive for Quorum?

    You can find recent issues that have been published by Quorum on Reletter by scrolling up to where it says Latest Issues. Tap on the link for any of the most recent emails or hit More Issues to see older ones.

    How many subscribers does Quorum have?

    To see how many people subscribe to Quorum, simply upgrade your Reletter account. We provide readership numbers and lots of other stats for this newsletter so you can decide if it's worth reaching out to.

    How can I advertise in Quorum?

    Newsletter advertising can be extremely effective when it's done right. Before you pitch Quorum as a potential sponsor or partner, make sure that you've done your research and checked its newsletter stats with Reletter.

    Then, personalize one of our winning pitching templates and send it to the right person using the contact info provided.

    How much does it cost to sponsor a publication like Quorum?

    Newsletter ad rates (or CPM) vary depending on many factors, including industry, number of subscribers, open rate, ad placement and more.

    To find out how much an ad will cost, contact Quorum using the contact information provided and ask for a copy of their media kit.

    How can I find newsletters related to Quorum?

    Scroll up to where it says Related Newsletters to see other publications like Quorum. You can also search our email newsletter directory to discover other newsletters that cover the topics you're interested in.

    How do I contact Quorum?

    Reletter provides this newsletter's website URL above, where you will often find their contact information. We also provide links to associated social media accounts and pitching templates so you can reach out fast.