Shinya Ajima

For Shinya Ajima's latest contributions to The Japan Times, see below:

Dec 9, 2014

Mizuho takes a leap into the deal business

Mizuho Financial Group Inc. will join two U.S. banks in partly financing a $66 billion acquisition in the U.S. pharmaceutical industry, its president said recently, describing the move as the banking group’s leap into the deal business. Mizuho, Japan’s second-largest lender by assets, will ...

Delay in second tax hike may hamper BOJ's inflation quest

Nov 20, 2014

Delay in second tax hike may hamper BOJ's inflation quest

Skepticism is growing that the inflation-hungry Bank of Japan can do any more to stimulate the economy now that Prime Minister Shinzo Abe has delayed the next consumption tax hike. The BOJ could come under pressure as early as the first half to loosen ...

Nov 5, 2014

Kuroda renews vow to achieve 2% inflation by any means possible

The Bank of Japan will continue to employ every possible measure to achieve its goal of 2 percent inflation, BOJ Gov. Haruhiko Kuroda said Wednesday. The central bank “will do whatever it can to achieve the price stability target at the earliest possible time,” ...

Failed Alstom bid rocks MHI's global strategy

Jun 23, 2014

Failed Alstom bid rocks MHI's global strategy

The failure of Mitsubishi Heavy Industries Ltd. to acquire the energy-system assets of France’s Alstom SA has put the Japanese engineering group at the risk of falling far behind U.S. rival General Electric Co. “It will be troubling for us if GE wins (the ...

Purchasing tweaks hint BOJ shy of monetizing debt

| Jun 20, 2014

Purchasing tweaks hint BOJ shy of monetizing debt

The Bank of Japan has tweaked its unprecedented asset purchase program twice over the past three weeks, supporting a view in financial markets that the central bank is increasingly reluctant to be viewed as financing the government’s debt. The moves were the first since ...

Oct 2, 2013

Abe trying to strike a delicate balance

When Prime Minister Shinzo Abe met the news media after deciding to raise the consumption tax next April, he stressed that his administration can pursue economic growth and fiscal discipline at the same time. The declaration Tuesday, which almost sounded as if he was ...

Regional woes cloud Abe's success in U.S.

| Feb 25, 2013

Regional woes cloud Abe's success in U.S.

Prime Minister Shinzo Abe’s trip to Washington was interpreted by some political analysts as confirmation that his second stint at the government helm has gotten off to a strong start. On Friday, Abe agreed with U.S. President Barack Obama to bolster the bilateral security ...

Pledges avoid long-term plans to mend economy

| Dec 5, 2012

Pledges avoid long-term plans to mend economy

Party pledges for the Dec. 16 general election have highlighted the sense of urgency for economic reforms as the nation remains mired in deflation. But the pledges also reveal a dearth of long-term strategies. The debate has revolved around what the parties would do, ...

| Nov 1, 2012

BOJ, government in deflation test of wills

The rare joint statement Tuesday by the government and the Bank of Japan to showcase their alliance in fighting deflation meant to display unity, but it also highlighted the lack of trust in each other’s commitments. The mutual suspicion, reinforced by decades of weak ...