[Excerpt translation from Japanese to English provided by Business & Human Rights Resource Centre.]

“Report on ACOM general shareholder meeting: Shareholders address company’s refusal to collectively bargain”, 8 July 2020

At a general shareholder meeting on June 23, [2020,] ACOM employees who hold shares in the company addressed their employer's illegal labour conduct of refusing to collectively bargain with Tokyo Union since August 2012.  

The employees succeeded in gaining support from institutional investors, including financial institutions, initiating  a massive buy-off of the company’s stocks. As a result, ACOM’s stock prices decreased from approximately 450 yen to nearly 400 yen.