Saturday, June 02, 2012

Japanese Squat Toilets May Increase Stock Price

A large shareholder of stock in Nomura Holdings, Inc. (NMR) has come up with an interesting and unusual shareholder proposal. He is suggesting that all the company's toilets be replaced with the Japanese squat style toilets. He believes that it will help the executives strengthen their lower bodies and help them 'hunker down.' He said that it will help the company stock price move above four digits.

Nomura is the Tokyo, Japan based financial services company. The stock trades for about $3 a share or less than 250 yen per share.

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