Monami Yui

For Monami Yui's latest contributions to The Japan Times, see below:

Megabanks break glass ceiling for foreign managers

| Aug 28, 2014

Megabanks break glass ceiling for foreign managers

Japan’s biggest banks are breaking tradition by promoting foreigners to top management roles to retain and lure overseas talent as growth abroad buoys profit. Among recent appointments: In July, Debra Hazelton became the first foreign general manager at Mizuho Financial Group Inc.’s headquarters, where ...

Rakuten exec takes action to help moms

Jun 30, 2014

Rakuten exec takes action to help moms

Mie Kurosaka, Rakuten Inc.’s first female executive, returned to work at Japan’s biggest online mall operator only three weeks after giving birth in 2002. Now, as one of Rakuten’s four top female executives, the 47-year-old who oversees corporate social responsibility is pushing to have ...

BOJ misfire seen in regional banks' turn to aircraft loans

Jan 22, 2014

BOJ misfire seen in regional banks' turn to aircraft loans

Chugoku Bank Ltd. wants to get into the global airline debt market after loans to local businesses fell for a fourth straight year. “It’s the same everywhere: loans aren’t increasing and margins aren’t good,” Eriko Manabe, who works on the bank’s overseas lending, said ...

Cost to insure Tepco's debt soars on back of bad news

Aug 21, 2013

Cost to insure Tepco's debt soars on back of bad news

The bond risk for Tokyo Electric Power Co., from whose stricken Fukushima nuclear plant highly radioactive water is flowing into the sea, surged the most since June on concern delays in getting reactors started at another atomic plant will spoil its loans. The cost ...

Megabanks' profit goals within reach under Abe

Aug 1, 2013

Megabanks' profit goals within reach under Abe

Japan’s three biggest banks are on pace to achieve their annual profit targets after first-quarter earnings jumped on higher fee income and equity investments. Net income at Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. totaled ¥791.6 ...

Jul 26, 2013

Regional financial firms should integrate across borders: LDP's Shiozaki

Regional financial institutions should consolidate across geographical boundaries to help revive the economy, lawmaker Yasuhisa Shiozaki of the ruling Liberal Democratic Party said. To strengthen rural areas, the nation should give priority to financial restructuring, said Shiozaki, 62, vice chairman of the LDP’s Policy ...

Best yen analysts join skepticism of Abe

Dec 27, 2012

Best yen analysts join skepticism of Abe

Shinzo Abe’s return to the post of prime minister has fueled speculation his stimulus policies will extend the yen’s biggest drop since 2005. Domestic companies and the best currency forecasters aren’t so sure. The yen is down 9.9 percent this year and on Wednesday ...

JGBs, not tax hikes, way to go, Sakakibara says

Mar 27, 2012

JGBs, not tax hikes, way to go, Sakakibara says

Japan should issue more bonds to help boost the economy instead of attempting tax hikes, which might stifle a recovery, said Eisuke Sakakibara, a former Finance Ministry official. “The government shouldn’t raise taxes when economic conditions are bad,” Sakakibara, now a professor at Aoyama ...

Unswayed by disaster, Iwaki spa hulas anew

Feb 10, 2012

Unswayed by disaster, Iwaki spa hulas anew

A Hawaiian theme park that has propped up the economy of a rural town in Fukushima Prefecture for 45 years was forced to shut down after the March 11 disasters, but a little less than a year later the hula girls have returned. Spa ...