Profit laggards seen catching up as japan seeks 8 return.

The shareholder-return target Japan's government set last month will spur change at the majority of the nation's companies that don't meet it, said Scott Callon, an investor who advised on the policy. The 44 percent of Topix companies making the grade compares with 78 percent of firms in the Standard & Poor's 500 Index, data compiled by Bloomberg show. The management-investor forum will start this fall, most likely from October, and meet two or three times a year, Ito said at a conference in Tokyo on Sept. 10. [Extracted from the article]