Shingo Kawamoto

For Shingo Kawamoto's latest contributions to The Japan Times, see below:

Nov 11, 2016

Robo-adviser startup eyes Japanese millennials' spare change

Like their peers overseas, Japan’s millennials aren’t known for squirreling away their money. Kazuhisa Shibayama is trying to change that, one coin at a time. The founder and chief executive officer of WealthNavi Inc., a startup backed by Japan’s three biggest banks, is developing ...

Apple hopes for e-money growth in cash-carrying Japan

Sep 2, 2016

Apple hopes for e-money growth in cash-carrying Japan

Apple Inc.’s plan to allow Japanese customers to use iPhones to pay for their daily commute underscores the potential for digital payments to grow in a nation where people still prefer to hold cash. Japanese have for years been using rail passes that double ...

Apr 22, 2016

Japan Post to fight negative rates with shift to risk assets

Japan Post Holdings Co. will shift more of its $2.6 trillion investment portfolio to riskier assets to boost profitability as negative interest rates shrink income from government bonds. The newly privatized postal and financial giant, which has about ¥205.5 trillion ($1.9 trillion) managed by ...

Apr 4, 2016

Bank of Tokyo-Mitsubishi eyes U.S. regional banks, new CEO says

Mitsubishi UFJ Financial Group Inc.’s main lending unit is eyeing further acquisitions in the U.S. and Asia as part of its long-standing aspirations to become one of the world’s leading commercial banks, the unit’s new president said. The U.S. banking market remains a focus ...

Margin-starved Japanese banks following carmakers to Mexico

Mar 3, 2016

Margin-starved Japanese banks following carmakers to Mexico

In a quest to reduce their reliance on one of the world’s least profitable banking markets, Japanese lenders are setting their sights on a much more lucrative one: Mexico. Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. are among so-called megabanks expanding ...

Japan Post's IPO might just shake up lagging regional lenders

Oct 20, 2015

Japan Post's IPO might just shake up lagging regional lenders

The nation’s regional banks need a little shaking up: There are far too many of them, profits from loans are shrinking, and their customers are disappearing. The enormous privatization of Japan Post, coming up next month, may just help spur them into action. State-owned ...

Sep 14, 2015

Mitsubishi UFJ pivots back toward Japan as Krugman laments economy

Mitsubishi UFJ Financial Group Inc., the lender that has made about $13 billion in acquisitions overseas since its founding a decade ago, is making a pivot toward its home market. “A financial institution’s mother market should be its first priority,” Nobuyuki Hirano, president and ...