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Yamato Holdings Shares Jump After US Fund Reveals Big Stake

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Yamato Holdings is a big company in Japan. It works in delivery.

Its share price went up a lot. This is called a rebound.

The price went up after some big news. A US fund called Farallon has a large stake in Yamato.

A fund is a company that buys shares in other companies. A stake means owning part of a company.

Farallon wants the chairman of Yamato to leave his job. A chairman is a top leader of a company.

Farallon says Yamato needs big changes. It wants bold changes in how the company works.

Bold means brave and strong. Farallon thinks this will help Yamato do better.

News about other small companies also came out. One company called ACSL also went up. Another company called Cyber Trust went down a lot.

Vocabulary8 words

rebound
when a price goes up again after going down
fund
a company that buys parts of other companies with money
stake
the part of a company that someone owns
chairman
the top leader of a company
bold
brave and strong
shareholding
the shares a person or company owns
delivery
bringing goods to people's homes
disclosed
told people something that was secret before

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Quiz

1. What happened to Yamato Holdings' share price?
2. What does Farallon want?
3. What is Farallon?

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Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

Yamato Holdings is a big company in Japan. It works in _____.

Its share price went up a lot. This is called a _____.

The price went up after some big news. A US fund called Farallon has a large _____ in Yamato.

A fund is a company that buys shares in other companies. A stake means owning part of a company.

Farallon wants the _____ of Yamato to leave his job. A chairman is a top leader of a company.

Farallon says Yamato needs big changes. It wants _____ changes in how the company works.

Bold means brave and strong. Farallon thinks this will help Yamato do better.

News about other small companies also came out. One company called ACSL also went up. Another company called Cyber Trust went _____ a lot.

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