Business / Corporate Dec 24, 2021

Mitsubishi UFJ targets Asia unicorns with debt-finance fund

Japan’s largest lender will start a ¥34 billion fund early next year after upsizing its first joint-venture fund earlier this year.

Business / Corporate Dec 23, 2021

Sumitomo Mitsui CEO Jun Ohta still looking for more acquisition targets

The head of Japan’s second-largest lender is seeking to broaden services across Asia, acquiring commercial banks and consumer-finance companies.

Business / Corporate Nov 10, 2021

Shinsei board member says the bank needs to improve performance

Shinsei has moved to defend itself from an SBI takeover bid, saying it would introduce a strategy designed to dilute the suitor’s stake.

Business Oct 1, 2021

Japanese banks’ desperate hunt for yield draws more scrutiny

Regulatory officials in Japan are treading a fine line between supporting an environment where financial firms seek out higher returns, while guarding against excessive risk taking.

Business / Corporate Aug 20, 2021

Mizuho Bank’s fifth outage draws government criticism

All 460 Mizuho Bank branches nationwide were not able to process transactions for about an hour on Friday morning due to an IT hardware failure the previous night.

Business / Economy Aug 10, 2021

Cryptocurrency regulator says easing of restrictions in Japan must wait

While the FSA chief is open-minded about the potential benefits that crypto-assets possess as a quick way to send cash, in Japan they are mainly being used for speculation and investment.

Business / Corporate Jun 11, 2021

Japan’s biggest bank to bet ¥1 trillion on riskier asset push

Mitsubishi UFJ Financial Group Inc. expects to begin buying credit, equities and alternative assets in the second half of this year that will likely focus on U.S. securities.

Business Jun 4, 2021

Japanese banks’ ¥300 trillion dilemma puts focus back on riskier bets

Deposits at the nation’s top three banks alone grew by ¥41 trillion in the year ending in March.

Business / Corporate Jun 3, 2021

Remote work drives Japanese to suburbs, boosting Resona Holdings

The mortgage lender is enjoying a surge in demand for credit from homebuyers seeking larger properties in the suburbs, where the bank has a strong presence.

National May 31, 2021

There may not be enough doctors in Japan to support the Olympics

Organizers had initially planned to have about 10,000 doctors, nurses and medical staff on standby for the games but have had to cut that number down to about 7,000.