If they think that Mr Takano will waste their capital, they are making a reasonable guess.
ECONOMIST: Japanese shareholder activism
It would repudiate Mr Takano's strategy by demanding that he return a big chunk of their money.
Yoshio Takano has run the clothing company since 1979, when he took the helm after rising through its sales force.
One rumour is that Mr Takano was fired for a remark he made about co-operation between America and Japan in possible regional emergencies.
ECONOMIST: Too nice to America?
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