Game of thrones: Board battle at toilet maker Lixil a test for Japan Inc
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TOKYO (Reuters) - A simmering boardroom battle at toilet maker Lixil Group has emerged as a test case for whether minority shareholders can improve corporate governance in Japan, the man at the centre of the tussle told Reuters.Kinya Seto, whose abrupt resignation as Lixil's CEO in 2018 prompted a revolt by minority shareholders, said the company is controlled by an old guard of management "kingmakers" who prioritise their interests over shareholders'."In Japan even fairly big companies have..