Domestic firms concerned about slumping consumption

Aug 18, 2015

Domestic firms concerned about slumping consumption

Domestic companies are becoming increasingly concerned about the slump in private consumption that was confirmed in weak April-June gross domestic product data, although corporate earnings in the period turned out to be strong thanks to the yen’s depreciation and falling crude oil prices. The ...

Japanese firms face difficulties grasping damage from Tianjin blasts

Aug 16, 2015

Japanese firms face difficulties grasping damage from Tianjin blasts

Japanese companies operating in Tianjin were facing difficulties on Saturday grasping damage to their facilities from devastating explosions that rocked an industrial port in the northern China city earlier in the week. Entry to areas around the site of Wednesday’s blast has been restricted, ...

Japanese firms keen to make inroads into Cuba

Aug 14, 2015

Japanese firms keen to make inroads into Cuba

Japanese companies are keen to make inroads into Cuba after the country last month fully restored diplomatic relations with the United States after more than five decades of enmity, informed sources say. Cuba is just 150 kilometers from the United States. In addition, demand ...

Aug 4, 2015

Major Japanese firms post robust profit growth in April-June

Major Japanese firms posted robust year-on-year profit rises in the April-June quarter due to the yen’s decline, an oil price plunge and fading adverse effects of the consumption tax hike in April 2014, according to data compiled by a major brokerage. The combined pretax ...

Aug 6, 2014

Major firms to boost capital spending in Japan by 15% this year

Major firms plan to boost capital spending at home by 15.1 percent this business year, according to a recent survey. Domestic corporate capital expenditure is set to expand for the third straight year and outpace the fiscal 2013 growth of 3.0 percent, reflecting expectations ...

Goldman's Japan M&A chief sees hunger for more deals

Jul 9, 2014

Goldman's Japan M&A chief sees hunger for more deals

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When a 210-year-old vinegar company bought Unilever’s Ragu and Bertolli pasta sauce business last month, it showed that Japanese firms are becoming more adventurous in their search for growth, said Goldman Sachs Group Inc.’s national head of mergers and acquisitions. “Japan M&A is breaking ...

Jun 20, 2014

Foreigners set record for shares

Foreign investors owned a record 30.8 percent of listed companies’ shares at the end of fiscal 2013, up 2.8 points from a year before, according to stock exchange data. The percentage of shares held by foreigners hit a record high for the second year ...