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Japan Times
BUSINESS / Companies
Aug 12, 2020

SoftBank is targeting over ¥1 trillion in public investing

The group has been quietly amassing multibillion-dollar stakes in American Big Tech companies over the past few months, sources said.
Japan Times
BUSINESS / Companies
Jul 8, 2020

SoftBank-backed DCM eyes China startups with $880 million fund

David Chao, a venture capitalist who has been on the ground floor of Asian companies worth a combined $206 billion, has raised money for a new fund with a China focus, a sign that rising U.S.-China tensions aren’t turning off foreign investors.
Japan Times
BUSINESS
May 30, 2020

Not just another day at the office: Rethinking Japan’s business culture amid the COVID-19 pandemic

The workplaces that employees nationwide are slowly returning to are unlikely to be the same as the ones they left when the COVID-19 pandemic emerged.
Japan Times
BUSINESS / Companies
Apr 13, 2020

Masayoshi Son’s $2 billion guarantee at risk as virus sickens SoftBank star Oyo

Just nine months ago, Masayoshi Son publicly declared Ritesh Agarwal one of the star entrepreneurs backed by his SoftBank Group Corp. The billionaire boasted that Agarwal’s Oyo Hotels & Homes was poised to overtake the biggest hotel chains in the world just a few years after its founding.
Nov 28, 2019

Q cafe, an art and tech fusion space opening Dec 18
to implement Multi-lingual group chat

Tokyo, Japan – Kotozna, Inc., announces the implementation of Kotozna Group Chat, a multi-lingual real-time translation service, to Q cafe, a venue slated to open on December 18th that is managed by LS Corporation.
Oct 24, 2019

Now with NFC!
Announcing Release of Kotozna Translation Card
Multi-lingual translation just by tapping card with your smartphone

Tokyo, Japan – Kotozna, Inc. released Kotozna Translation Card, an NFC enabled revolutionary card that allows translation of up to 104 languages for texts and speech with just a tap of the card with a smartphone. Sales start October 24th, and the card is JPY1,500 (excluding tax).
Japan Times
BUSINESS / Companies
Jul 29, 2019

SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft and Apple

SoftBank Group Corp. has secured pledges from Microsoft Corp. and other investors of around $108 billion for a second Vision Fund aimed at investing in technology firms.
Japan Times
BUSINESS / Companies
Jun 21, 2019

Slack valuation hits $21 billion in debut after firm shuns IPO

While a parade of initial public offerings from Silicon Valley have garnered mixed receptions from investors so far this year, Slack Technologies Inc. took a different route Thursday and saw its shares soar as it went public without an IPO.
Japan Times
BUSINESS
Oct 29, 2018

Gab.com fights to stay online after Pittsburgh synagogue massacre

The website where the suspected Pittsburgh synagogue gunman posted anti-Semitic views said on Sunday it was "working around the clock" to stay online after being cut off by payment processors and forced to switch web hosts.
Japan Times
JAPAN / IWA World Water Congress & Exhibition
Sep 14, 2018

Nation hopes to share international water technology

Tokyo will host the IWA World Water Congress & Exhibition 2018 from Sunday to Friday. The event is expected to attract 6,000 people from more than 100 countries to discuss technology, public policies, international collaboration and other subjects to achieve sustainable water management practices.
Japan Times
BUSINESS / Companies / Taking the Lead
Aug 19, 2018

Monex chief sees cryptocurrency future for finance industry

In 1999 former Goldman Sachs investment banker Oki Matsumoto launched an online brokerage with some clear goals in mind: to create an ideal future for personal finance and to encourage Japanese who are hoarding their savings to actively invest.
Japan Times
BUSINESS
Jun 13, 2018

In apparent defeat for Trump, court OKs AT&T's bid to buy Time Warner for $85 billion

AT&T Inc. won approval from a U.S. court on Tuesday to buy Time Warner Inc. for $85 billion, allowing AT&T to compete with internet companies that dominate digital advertising and providing new sources of revenue.
Japan Times
JAPAN / EXPLAINER
Feb 12, 2018

Japan's staff-heavy banks downsize and turn to technology for survival

These are tough times for banks.
Japan Times
WORLD
Aug 15, 2017

After Merck chief quits, Under Armour CEO steps down from Trump's business council

Under Armour Inc.'s Kevin Plank became the latest chief executive to quit President Donald Trump's council of U.S. business leaders, as membership on the panel has become enmeshed in the country's volatile politics after violent riots in Virginia over the weekend.
Japan Times
BUSINESS / Companies
Jul 19, 2017

Yahoo Japan's new gaming platform turns the browser into a console

Yahoo Japan Corp., operator of the nation's second-most popular website, has announced a new web-based gaming platform called Game Plus.
Japan Times
BUSINESS / Tech
Oct 31, 2016

Honda opts for Tokyo over Silicon Valley as home for AI research center

Honda Motor Co. will spearhead its artificial intelligence efforts out of a new lab in Tokyo so researchers can work closely with its engineers to commercialize the technology.
Japan Times
BUSINESS / Companies
Jun 13, 2016

'Pink-slip party' organizer prepares for firm's IPO

Seven years after making a name for itself by hosting a "pink-slip party" for finance professionals left jobless during the global financial crisis, Japanese online recruiter BizReach Inc. is about to start putting some bankers to work.
Japan Times
BUSINESS
Mar 18, 2016

How $5-a-night hostels led to Japan's first $1 billion startup

In 2012, Shintaro Yamada was 34 years old, single and frustrated with his job. So he quit a comfortable position in Tokyo and set out to see the world.
Japan Times
BUSINESS
Nov 17, 2015

Marriott's $12.2 billion Starwood buy signals innkeeper shakeup amid Airbnb blitz

Marriott International Inc.'s agreement to buy Starwood Hotels & Resorts Worldwide Inc. in a $12.2 billion deal, creating the world's largest lodging company, signals more consolidation to come as hotel operators find being bigger is better to compete with each other and such upstarts as Airbnb Inc....
Japan Times
BUSINESS / Companies
Aug 3, 2015

Retty plans IPO to fund global expansion of restaurant review app

Retty Inc., the Japanese restaurant-review app backed by an arm of Fidelity Worldwide Investment, plans a domestic initial public offering by mid-2017 to fund expansion into global cities, from San Francisco to Hong Kong.
BUSINESS / Markets
Apr 30, 2015

Investors seek out risky U.S. loans in throwback to pre-crisis days

Japanese investors are plowing back into the same types of risky U.S. corporate-loan investments that caused them losses during the 2008 financial crisis.
BUSINESS / Companies
Mar 18, 2015

SMBC Nikko targets Nomura with global investment banker hiring

Sumitomo Mitsui Financial Group Inc. is hiring staff at its investment banking unit as it competes with more established names such as Nomura Holdings Inc. for bond and share deals.
BUSINESS
Dec 25, 2014

U.S. retailers likely to just meet holiday sales forecasts, experts say

U.S. consumers have not turned out in force for the final shopping days before Christmas, suggesting that traditional retailers will just meet industry sales forecasts in a season marked by deep discounts and growing encroachment from online rivals led by Amazon.com Inc.
BUSINESS
Jan 7, 2012

Airline may spur busiest share offering year since 2007

Japan may see its busiest year for initial public offerings since the global financial crisis, with Japan Airlines Corp., social network providers and manufacturers preparing to issue shares.
BUSINESS
Mar 16, 2011

Samsung, Ford, Boeing produce but fear parts halt

Samsung Electronics Co., Ford Motor Co. and Boeing Co. are maintaining global production while waiting for partners in quake-rattled Japan to increase one key export: information.
BUSINESS
Dec 18, 2010

Mixi feels Facebook lacks local appeal

Mixi Inc., owner of Japan's largest social networking service, expects to fend off Facebook Inc. because its website is better suited to domestic users and personal data are more secure, President Kenji Kasahara said recently.
BUSINESS
May 23, 2006

Profits up for megabanks

Mitsubishi UFJ Financial Group Inc. earned a net profit of more than 1 trillion yen in the 2005 business year while competitor Mizuho Financial Group Inc. booked a record-high net profit, according to earnings reports released Monday by Japan's top two banks.
BUSINESS
Nov 25, 2004

MTFG, UFJ post declines in first half

Mitsubishi Tokyo Financial Group Inc. announced Wednesday its group net profit fell 43.1 percent in the fiscal first half from a year earlier to 171.7 billion yen, while merger partner UFJ Holdings said separately its group net loss was 674.3 billion yen for the six months to September.
BUSINESS
Dec 5, 2003

Regionals lag behind big banks on bad loans

The recent interim earnings results for 15 regional banks that received public fund injections show their bad-loan disposal efforts lag behind those at major banking groups by a wide margin.
BUSINESS
Dec 28, 2001

Mitsubishi Electric in U.S. unit move

Mitsubishi Electric Corp. said Thursday it will establish a holding company in Los Angeles on April 1 to manage its seven U.S. subsidiaries.

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