On May 15, 2024, Global ESG Strategy, a fund managed by Swiss-Asia Financial Services (SAFS), announced that it is asking With us Corporation through shareholder resolutions to make its board members regularly available for one-on-one meetings with large investors. Global ESG Strategy stated that the proposal would give investors a direct line to boards as the country's corporate governance reform has caused firms to open up more communication with shareholders. Global ESG Strategy added that the proposals call for rules requiring board members to meet individually if requested by shareholders with 3% or more voting rights, at least annually for external directors and quarterly for other directors.

Yasuto Monden, SAFS' chief investment officer, stated that many Japanese companies now agree to make available certain board members such as CEO and CFO for individual meetings, but it's still rare to make all of their board members available. Yasuto Monden expressed his view that individual meetings with shareholders are effective in creating a sense of urgency at the board. It's important for many board members to talk directly with shareholders and hear their views.

Yasuto Monden added that there is a lot of room for changes at Japanese companies that could be triggered by shareholder activism. And benefits of those would be shared with other shareholders.