Finbarr Flynn

For Finbarr Flynn's latest contributions to The Japan Times, see below:

Mega-banks plan riskier bond sales up to ¥4 trillion

Jul 2, 2015

Mega-banks plan riskier bond sales up to ¥4 trillion

Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. plan to bolster their balance sheets by introducing bonds that offer investors enhanced returns at greater risk. The two banks will sell so-called Tier 1 notes, or instruments whose value may be written down ...

Toshiba default risk surges most in Japan on accounting probe

May 13, 2015

Toshiba default risk surges most in Japan on accounting probe

An accounting probe of Toshiba Corp.’s infrastructure and energy projects caused its default risk to jump the most in Japan, just as the creditworthiness of Sharp Corp. and Sony Corp. had been improving. The cost to insure Toshiba debt against nonpayment surged 80 basis ...

Bubble-era missteps shape Tokio Marine's property strategy

Apr 16, 2015

Bubble-era missteps shape Tokio Marine's property strategy

Tokio Marine Holdings Inc., one of the nation’s oldest insurers, is joining its Chinese peers in investing in property overseas — but with a twist. Unlike counterparts like China Life Insurance Co. and Anbang Insurance Group Co., which have been buying trophy properties in ...

Refiners Idemistu and Showa Shell in talks for tie-up

| Dec 22, 2014

Refiners Idemistu and Showa Shell in talks for tie-up

Shares in Japanese refiners surged on Monday after two of the largest said they were discussing a tie-up, as falling demand for fuels spurs the industry to consider consolidation. Idemitsu Kosan Co., Japan’s third-biggest refiner by capacity, and Showa Shell Sekiyu KK, the fifth-ranked ...