Firms have one month to say whether they’ll take stakes in the new company, and those who opt out may not be fully compensated, the statement said.
For Garfield Reynolds's latest contributions to The Japan Times, see below:
The speed of the yen’s decline has caught Japanese policymakers off guard and exposed divisions between the central bank and the central government.
Treasurys are off to their worst start to a year in over four decades, but Japanese investors may soon ride to their rescue.
For investors in Japan's markets this year, it's been a case of one shock after the next in a pattern that might have prepared them well for the era of Donald Trump and his reputation for the unexpected. The yen, Topix and the government bond ...