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BUSINESS
Nov 19, 2009

MUFG eyes ¥1 trillion share sale; tieup irks

Mitsubishi UFJ Financial Group Inc. said Wednesday it may raise as much as ¥1 trillion selling shares and noted terms of the planned merger between its Japanese securities unit and that of Morgan Stanley have been changed.
BUSINESS
Sep 5, 2009

SMFG to end Daiwa brokerage venture

Sumitomo Mitsui Financial Group Inc., Japan's second-biggest bank, said it's in talks to end a brokerage venture with Daiwa Securities Group Inc. after agreeing in May to buy $5.9 billion in assets from Citigroup Inc.
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
Aug 11, 2009

TOEIC no turkey at 30

The Test of English for International Communication turns 30 this year. In three decades it has risen from humble beginnings to become one of the best-known tests in Japan. In December 1979, 3,000 people sat the first TOEIC. In 2008, people in Japan took it 1.7 million times. Many were repeat customers;...
BUSINESS
Jul 31, 2009

Sumitomo to buy Citi's Nikko Asset

Sumitomo Trust & Banking Co. has agreed to pay ¥120 billion for Citigroup Inc.'s Japanese asset management unit to increase the amount of investment trusts it oversees.
BUSINESS
Jul 30, 2009

Sompo Insurance, Nipponkoa to merge as premiums wane

Sompo Japan Insurance Inc. and Nipponkoa Insurance Co. will merge to create an insurer with a market value of ¥1 trillion as declining car sales and the aging population cut demand for their products.
BUSINESS
Jul 2, 2009

Nomura to purchase NikkoCiti for ¥19 billion

Nomura Holdings Inc., Japan's largest brokerage, said Wednesday it agreed to acquire Citigroup Inc.'s local trust banking unit for ¥19 billion to boost its asset administration business.
BUSINESS
Jun 18, 2009

Citi settles Nikko Cordial accounting lawsuits

Citigroup Inc. said Wednesday it has settled a lawsuit against three former executives of subsidiary Nikko Cordial Corp., ending a two-year court battle stemming from an accounting scandal at the firm.
BUSINESS
May 2, 2009

MUFG logs ¥260 billion loss, its first-ever deficit

Mitsubishi UFJ Financial Group Inc. posted its first full-year loss after the global financial crisis sent markets tumbling, cutting the value of its investments.
BUSINESS
Oct 28, 2008

Mori sees 'full-blown' decline in Tokyo housing

Tokyo residential property prices may be poised for a major decline because of excess supply and flagging demand, according to Minoru Mori, chairman of Japan's biggest privately held developer.
BUSINESS
Sep 27, 2008

Shutdown of samurai bond mart roils investors

The fastest-growing part of the global corporate debt market, samurai bonds, has come to a standstill since Lehman Brothers Holdings Inc. became the first borrower to default on the securities since Argentina in 2002.
Japan Times
BUSINESS / TAKING A CHANCE
Sep 23, 2008

Robot development takes a homeward turn

While Japanese robotics companies have made robots that look and move like human beings, the goal of making a society where human beings and robots interact in everyday life has remained out of reach.
Japan Times
BUSINESS
Sep 12, 2008

Coach builds brand of affordable luxury goods

Twenty years ago, at the height of the bubble economy, Coach Inc. started out small in Japan, selling its products at the Mitsukoshi department store in Yokohama.
BUSINESS
Oct 30, 2007

Nikko Cordial doubles profit via Seibu selloff

Nikko Cordial Corp., the Japanese securities unit of Citigroup Inc., said Monday second-quarter profit more than doubled on trading gains and the sale of a stake in Seibu Holdings Inc. railway, hotel and resort chain.
BUSINESS
Oct 19, 2007

Sumitomo, MUFG eye JAL credit card unit

Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Credit Saison Co. may submit bids for Japan Airlines Corp.'s credit card unit, five people with knowledge of the transaction said.
BUSINESS
Oct 12, 2007

Sony Financial rises 3.8% in biggest Japan IPO of year

Sony Financial Holdings Inc. gained 3.8 percent Thursday on its first day of trading on the Tokyo Stock Exchange after raising ¥320 billion in Japan's largest initial public offering this year.
JAPAN
Mar 21, 2007

Murakami no inside trader, Horie testifies

Convicted Livedoor Co. founder Takafumi Horie on Tuesday found himself again before the Tokyo District Court, this time testifying in defense of financier Yoshiaki Murakami against charges of insider trading.
JAPAN / EXPLAINER
Feb 20, 2007

Assessing IRCJ, the government's bailout body

The government-backed bailout agency Industrial Revitalization Corp. of Japan will finish its work and close its doors as early as next month, a year earlier than planned. Since it was established in April 2003, the bailout body has helped debt-ridden companies, including major supermarket chain Daiei...
BUSINESS
Nov 23, 2006

Big banks see high profits in first half

Most major banks posted big profits in the April-September first half as brighter business activities led to a reduction in bad loans, allowing them to shift money from loan-loss reserves to the profit section.

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