Business Topics

Sep 1, 2016

JR Kyushu set to list on TSE Oct. 25

Kyushu Railway Co. will make its debut on the Tokyo Stock Exchange on Oct. 25, informed sources said Thursday. The TSE is set to approve the stock listing of the railway operator on Sept. 15 at the earliest, the sources said. With the company’s ...

Aug 31, 2016

Google 'plans tie-up' with MUFG on Android Pay platform

Alphabet Inc. will tie up with Mitsubishi UFJ Financial Group Inc. on its Android Pay platform, a person with knowledge of the matter said, the latest move by a technology giant to tap Japan’s rapidly growing digital payments market. Starting as early as this ...

Aug 31, 2016

JX, TonenGeneral finalize merger as Japan's biggest oil refiner

JX Holdings Inc. and TonenGeneral Sekiyu KK on Wednesday finalized an agreement to form Japan’s biggest oil refiner starting in April. JX Holdings will give 2.55 shares for each TonenGeneral share, the two companies said in a joint statement. The deal values TonenGeneral at ...

Mitsubishi Aircraft says MRJ delivery still on track

Aug 30, 2016

Mitsubishi Aircraft says MRJ delivery still on track

Mitsubishi Aircraft Corp. said it is sticking to the schedule of handing over its first plane in 2018 after issues with the jet’s air conditioning ventilator this weekend grounded the plane from further test flights. The company is working with United Technologies Corp., the ...

Aug 29, 2016

Japan's three biggest banks seeking business expansion in Africa

The three mega-banks said they will expand their businesses in Africa, following Prime Minister Shinzo Abe’s pledge over the weekend to bolster measures to boost investment in the resource-rich continent. Sumitomo Mitsui Banking Corp., Mizuho Bank and the Bank of Tokyo-Mitsubishi UFJ are aiming ...