1, 19. 2006
Livedoor Co. made its rapid growth through corporate acquisitions, which boosted its share prices. Then it repeatedly launched takeover bids based on its large aggregate value. Market experts began to distinctly argue that these "share price first" policies should be revised. Asahi Shimbun sharply criticizes Livedoor in its editorial on Jan. 19, saying "(After the U.S. Enron scandal,) there have been signs of regret that share price first policies distorted sound markets. Takafumi Horie, the president of Livedoor, should have been aware of that fact."
