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Japan Times
BUSINESS
Aug 2, 2012

Woes in Europe fail to derail Mitsubishi UFJ, Mizuho

Profits at Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. beat analysts' first-quarter estimates, showing the megabanks are withstanding a slump in Europe that hurt income at Deutsche Bank AG and UBS AG.
BUSINESS
Jul 28, 2012

Nagai taking over as Nomura CEO signals global retreat

Nomura Holdings Inc.'s appointment of domestic brokerage head Koji Nagai as the new chief signals a retrenchment into its home market as Japan's biggest investment bank reels from the insider-trading scandal and losses abroad.
Japan Times
BUSINESS
Feb 3, 2012

Nomura climbs out of the red but questions of sustainability linger

Nomura Holdings Inc. returned to the black last quarter after selling a restaurant chain, but it may not be enough to reassure investors it can sustain an earnings rebound.
BUSINESS
Aug 2, 2011

Nomura, Daiwa to slash jobs, costs as losses mount abroad

Nomura Holdings Inc. and Daiwa Securities Group Inc., Japan's largest brokerages, plan to cut costs as the faltering local economy, Europe's sovereign credit crisis and U.S. debt impasse weigh on earnings.
Japan Times
BUSINESS
Jul 28, 2011

Salarymen stick with laptops over iPads

When Yuta Moriya was offered Apple Inc.'s 613-gram iPad by his employer last summer, he envisioned a future free of lugging his laptop around for client visits. He was wrong.
BUSINESS
Jul 27, 2011

K-pop stars luring Japan to buy Korean products

Yuko Ishii, a 53-year-old factory worker in central Japan, used to feel reluctant about buying products made in South Korea. That changed after she became a fan of pop stars such as boy band TVXQ.
BUSINESS
Jul 20, 2011

Nikko Asset reportedly choosing underwriters

Nikko Asset Management Co. this week began choosing lead underwriters for an initial public offering, setting up the first debut share sale by a major Japanese asset manager in a decade, three sources said.
Japan Times
BUSINESS
Jan 26, 2011

Sony starts up fee-based music

Sony Corp. and the world's major record labels are starting their own music streaming service in the U.S. this quarter to challenge Apple Inc.'s iTunes, after years of letting startups license their artists.
BUSINESS
Jan 21, 2011

Nintendo chief sees 'rocket start'

Nintendo Co.'s president predicted a "rocket start" to U.S. sales of the 3DS hand-held game machine, boosted by the device's high-definition graphics and titles showcasing its features.
Japan Times
BUSINESS
Feb 3, 2010

Nomura returns to profit

Nomura Holdings Inc. returned to profit in the third quarter on a ninefold surge in the value of local equity sales as banks issued new stock to bolster capital.
BUSINESS
May 2, 2009

SMFG to buy Nikko Cordial

Sumitomo Mitsui Financial Group Inc. has agreed to buy Nikko Cordial Securities Inc. and part of Nikko Citigroup Ltd. from troubled U.S. financial giant Citigroup Inc. for ¥545 billion, the two sides reported Friday.
Japan Times
BUSINESS
Apr 9, 2009

Bankers invited to 'pink slip party' at local Roppongi watering hole

Soichiro "Swimmy" Minami, a former Morgan Stanley banker, is organizing what he says is Japan's first "pink slip party" for finance professionals, in a Tokyo bar where Lehman Brothers Holdings Inc. employees once mingled.
BUSINESS
Sep 29, 2007

Stricter law forces companies to tighten funds pitch

Mitsubishi UFJ Financial Group Inc. and Nomura Holdings Inc. are among Japanese financial companies being forced to tighten marketing of mutual funds as a law to protect individual investors comes into effect next week.
BUSINESS
Aug 2, 2003

FSA kicking banks out of bed, demands results

In a move suggesting further deterioration in the cozy relations between banks and regulators, the Financial Services Agency slapped banks with a business improvement order Friday for failing to meet pledged targets in fiscal 2002.
BUSINESS
Jan 16, 2002

UFJ Bank makes shaky debut

UFJ Holdings Inc. decided Tuesday to dip into its reserves to the tune of 1 trillion yen to make dividend payments, indicating that the group's new bank, which officially began operations the same day, is already desperately low on capital.
Japan Times
ASIA PACIFIC / Crime & Legal
Aug 2, 2022

North Koreans suspected of using fake resumes to infiltrate cryptocurrency sector

Gathering intelligence about upcoming trends in the industry could give Pyongyang an edge in how to launder cryptocurrency and avoid sanctions.
Japan Times
BUSINESS / Companies
Jun 23, 2022

SoftBank’s Son faces shareholders shaken by ¥4.6 trillion loss

With SoftBank's own financial health on the line, shareholder confidence is near a breaking point, some analysts have said.
Japan Times
BUSINESS
Jun 2, 2022

Elon Musk’s return-to-office mandate flies in the face of new reality

Musk's ultimatum for Tesla also runs counter to current policy at Twitter, which is one of the most prominent tech companies to let most employees work from home permanently.
Japan Times
BUSINESS / Companies
May 11, 2022

SoftBank faces record loss as Masayoshi Son’s bets tumble again

The world's largest tech fund is estimated to have lost about $18.6 billion on its public portfolio alone during the quarter that ended March 31.
Japan Times
BUSINESS / Tech
Apr 5, 2022

Elon Musk’s ‘passive’ Twitter stake starts with poll on edit button

Whether Musk stays passive or switches to active, Twitter shares soared 27% on Monday, a signal that shareholders welcome his investment.
Japan Times
WORLD / Politics
Mar 17, 2022

House Republicans who challenged Biden's win are losing out on corporate cash

The shift illustrates a growing gulf between business interests and members of the Republican Party still aligned with Donald Trump.
Japan Times
BUSINESS / Companies
Mar 16, 2022

Scandal rocks Japanese finance as SMBC Nikko staff are arrested

The arrests are a sudden escalation of a situation that's been brewing since at least June, when the Financial Services Agency's enforcement arm raided SMBC Nikko's offices.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past