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BUSINESS
Dec 8, 2011

Florida adviser Sagawa divorces, now 'down in Caymans'

Hajime Sagawa, the Japanese banker whose firms got $687 million in fees as part of Olympus Corp.'s $2.1 billion buyout of Gyrus Group PLC, has left Florida for the Cayman Islands, his brother-in-law said, a month after Sagawa divorced his wife and sold her their Boca Raton home for $10.
BUSINESS
Nov 23, 2011

Mizuho, Mitsubishi UFJ to finance $1.6 billion Oman power plant project

Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. are among five Japanese lenders hired to arrange a loan for Marubeni Corp.'s $1.6 billion power plant project in Oman.
Japan Times
JAPAN / Media
Nov 20, 2011

Nico Nico Douga, Warner launch video on demand service

This week, Japan's expanding online video service operator Nico Nico Douga made a surprise announcement, launching a movie distribution service in partnership with Warner Bros. Entertainment Inc.
BUSINESS
Nov 16, 2011

Morgan Stanley gain lifts MUFG profit target

Mitsubishi UFJ Financial Group Inc. raised its full-year profit target by 50 percent as a gain from a conversion of shares in Morgan Stanley offset a lending slump.
BUSINESS
Nov 15, 2011

Olympus hid balance sheet hole with sale of growing unit

Olympus Corp.'s 2009 sale of a profitable diagnostics unit it spent four decades building up for what appeared to be a bargain price is beginning to make sense as the company admits covering up decades of losses.
BUSINESS
Nov 11, 2011

Possible Olympus delisting discredits Japan governance

Olympus Corp.'s admission that it hid losses by overpaying advisers may lead to its delisting by the Tokyo Stock Exchange and is sparking criticism of corporate-governance standards in the world's third-largest stock market.
BUSINESS
Nov 10, 2011

Softbank, Alibaba seeking partners to take over Yahoo

Softbank Corp. and China's Alibaba Group Holding Ltd. are talking with private-equity funds about making a bid for all of Yahoo Inc. without the company's blessing, sources said.
Japan Times
BUSINESS
Nov 10, 2011

TPP could open $48 billion market to foreign exporters

Japan's participation in a free-trade group led by the U.S., if it agrees, could open up the country's agriculture markets worth $48 billion to foreign exporters of rice, sugar and beef, boosting global prices.
BUSINESS
Nov 10, 2011

Olympus urged to extend executive purge

Olympus Corp.'s admission that three of its top executives colluded to hide losses from investors fails to address the roles played by other officials, the firm's biggest overseas shareholder said.
COMMENTARY / World
Nov 4, 2011

Taxation alone won't save Japan from its public debts

Jun Azumi has joined the chorus of those promising the imminent prospect of a rise in Japan's consumption tax. As finance minister, one would think — hope, perhaps pray — that Azumi should know what he is talking about.
Japan Times
BUSINESS
Nov 2, 2011

Sony regroups ailing TV business

Sony Corp., struggling to rebound from seven consecutive annual losses in television manufacturing, has reorganized the business into three groups.
BUSINESS
Oct 22, 2011

Capcom expects phone games to generate 30% of profit

Capcom Co. expects the proportion of its profit generated by "Smurfs' Village" and other games played on mobile phones to rise to 30 percent as users of Apple Inc.'s iPhone and Google Inc.'s Android system download the titles.
BUSINESS
Oct 6, 2011

More Europe bond buys may be in offing, Fujimura says

Japan may increase its purchases of bonds to finance Europe's debt crisis rescue fund, Chief Cabinet Secretary Osamu Fujimura said Wednesday.
BUSINESS
Sep 28, 2011

CyberAgent may make more apps for iPhone

CyberAgent Inc., maker of Japan's most popular blogging service, plans to step up software development for Apple Inc.'s iPhone should KDDI Corp. or other carriers begin selling the handset here.
JAPAN
Aug 16, 2011

Venture to push 'anime' in LA

Innovation Network Corporation of Japan, a semipublic body tasked with enhancing the value of the nation's businesses, announced Monday it will establish a new firm to remake existing domestic "soft" content, including movies, "anime" (animation), TV dramas and songs, to sell them to Hollywood, aiming...
BUSINESS
Aug 4, 2011

Morgan Stanley tops foreign rivals

Morgan Stanley, owner of the world's largest brokerage, posted the biggest profit among 10 major overseas banks operating in Japan last fiscal year as commissions and fees from equity trading and underwriting rose.
Japan Times
BUSINESS
Aug 4, 2011

Firms using strong yen for offshore acquisitions

Kirin Holdings Co.'s purchase of a stake in Brazil's second-largest beer maker took Japan's overseas acquisitions this year to at least $46 billion as the stronger yen boosts companies' buying power abroad.
Japan Times
BUSINESS
Jul 22, 2011

Mizuho said close to buying 20% Vietcombank stake

Mizuho Financial Group Inc. is in final talks to buy a stake in Joint-Stock Commercial Bank for Foreign Trade of Vietnam for as much as ¥60 billion, a source said.
Japan Times
BUSINESS
Jul 6, 2011

Geneva's oldest private bank eyes doubling assets held by Japanese

Lombard Odier Darier Hentsch & Cie., Geneva's oldest private bank, aims to double the wealth it manages in Japan to ¥200 billion in five years through tieups with local lenders led by Chiba Bank Ltd.
Japan Times
BUSINESS
Jun 16, 2011

Son takes on atomic future with solar plans

Billionaire Masayoshi Son has a track record in taking on monopolies after building a business that opened up the nation's telecommunications industry. Now he aims to shake up Japan's power utilities amid the world's worst nuclear crisis in 25 years.
Japan Times
BUSINESS
Jun 16, 2011

'Green curtains' surge in face of power shortage

Sales of "Green curtain" gardening kits are surging, shoppers are buying clothes designed to help them stay cool and a pizzeria owner is losing weight as Tokyo residents brace for a summer with less air conditioning.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami