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April 30, 2025
 

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BUSINESS
Sep 15, 2006

Daiei to cut debts through selloff of properties, stocks

Struggling giant retailer Daiei Inc. will cut its interest-bearing liabilities by 200 billion yen from 350 billion yen on an unconsolidated basis by selling real estate and stock holdings, sources said Thursday.
BUSINESS
Aug 16, 2006

Despite Oji's likely failure, M&As catching on

Japan appears to have entered a new era of mergers and acquisitions with Oji Paper Co.'s recent takeover bid for Hokuetsu Paper Mills Ltd.
BUSINESS
Jun 10, 2006

MUFJ debt from fund injection cleared

Mitsubishi UFJ Financial Group Inc. completed repayment Friday of the public funds that the government funneled into its capital base in the late 1990s, becoming the first to do so among the nation's three megabank groups, Deposit Insurance Corp. said.
BUSINESS
May 24, 2006

One-time gains lift major banks but long-term strategies still needed

Buoyed by a wide-ranging business recovery and a massive one-time gain caused by reductions in loan-loss reserves, the nation's top banking groups have reported record-breaking profits for the 2005 business year ended in March.
BUSINESS
May 24, 2006

Banks OK for now but long-term strategy needed

Buoyed by a wide-ranging recovery and a massive one-time gain caused by reductions in loan-loss reserves, the nation's top banking groups have reported record-breaking profits for the 2005 business year ended in March.
BUSINESS
Feb 16, 2006

MUFG ups earnings view as forecast

Mitsubishi UFJ Financial Group Inc. said Wednesday it has revised upward its earnings forecast for the business year to March 31 to a 1.17 trillion yen group net profit, compared with its previously estimated 9.3 billion yen.
Japan Times
JAPAN
Dec 1, 2005

Rakuten and TBS bury hatchet, agree to start tieup talks

After intense 11th-hour negotiations, Rakuten Inc. and Tokyo Broadcasting System Inc. agreed Wednesday to launch talks on potential business tieups after the Internet firm withdrew its proposal to merge with the private broadcaster.
BUSINESS
Nov 25, 2005

Megabanks show signs of revival

The nation's three giant banking groups posted drastic gains in the first half of fiscal 2005 after unloading many of the bad loans that undermined their strength and threatened the financial system for more than a decade.
Japan Times
BUSINESS
Oct 28, 2005

TBS scrambling for 'stable' investors

About 55 percent of Tokyo Broadcasting System Inc.'s outstanding shares will likely fall into the hands of long-term shareholders, sources close to the television broadcaster claimed Thursday.
JAPAN
Oct 15, 2005

TBS set to fight Rakuten's bid

Tokyo Broadcasting System Inc. may take countermeasures against online shopping mall operator Rakuten Inc., which has suddenly emerged as the TV station's biggest shareholder and takeover threat, market sources said Friday.
BUSINESS
Sep 1, 2005

TBS to issue 20 billion yen in new shares to partners

Tokyo Broadcasting System Inc. announced Wednesday that it will issue 20.6 billion yen in new shares to major ad agency Dentsu Inc. and several of its other business partners to raise money for new projects.
BUSINESS
Mar 12, 2005

Injunction a landmark decision for capital market

The Tokyo District Court's decision Friday to stop Fuji Television Network Inc. from issuing share warrants as a method to take control of Nippon Broadcasting System Inc. is being seen as propelling Japan's capital market into the future.
BUSINESS
Jan 28, 2005

Outcome of Daiei sponsorship struggle far from certain

A list of candidates to sponsor struggling retail giant Daiei Inc. has been narrowed to three groups. But a final selection by the state-backed corporate bailout agency is far from certain, because the three picked are doing different businesses and there is no decisive factor.
BUSINESS
Sep 14, 2004

Mitsubishi Tokyo to advance UFJ tieup

Mitsubishi Tokyo Financial Group Inc. will advance the schedule for forming a tieup with UFJ Holdings Inc. in sales of financial products to individual customers and in overseas operations, Mitsubishi Tokyo President Nobuo Kuroyanagi said Monday.
BUSINESS
Sep 9, 2004

UFJ likely to report over 700 billion yen in interim net loss

UFJ Holdings Inc. will probably suffer a net loss of more than 700 billion yen for the fiscal first half of 2004, bank sources said Wednesday.
BUSINESS
Aug 27, 2004

Record firms raided over ring-tone blocks

Fair Trade Commission investigators on Thursday searched the Tokyo offices of several major record companies suspected of blocking mobile phone service providers from selling pop tunes for ring tones.
BUSINESS
Aug 26, 2004

Daiei must seek IRCJ help: SMFG chief

Yoshifumi Nishikawa, president of Sumitomo Mitsui Financial Group Inc., said Wednesday that supermarket chain operator Daiei Inc. has no alternative but to seek help from the state-backed Industrial Revitalization Corp. of Japan for its revival.
JAPAN
Jul 29, 2004

UFJ fights to keep MTFG merger hopes alive

UFJ Holdings Inc. said Wednesday it has filed an appeal against a court order to suspend its merger negotiations with Mitsubishi Tokyo Financial Group Inc., stressing it plans to go ahead with the merger.
JAPAN
Jul 15, 2004

Struggling UFJ pursues merger deal with MTFG

Ailing UFJ Holdings Inc. on Wednesday asked rival Mitsubishi Tokyo Financial Group Inc. to merge with it in a deal that would create the world's biggest banking group, with 190 trillion yen in assets.
BUSINESS
Aug 1, 2003

Bank execs face FSA ultimatum to lift earnings

The Financial Services Agency on Friday will order the management of five domestic banking groups to either improve their earnings by the end of the year or step down, FSA sources said Thursday.
BUSINESS
Sep 6, 2002

Nikkei index issue switch announced

Nihon Keizai Shimbun Inc. said Thursday it will immediately begin replacing eight components on the 225-issue Nikkei Stock Average, as some of its constituent stocks are scheduled to delist from the bourse following the establishment of holding companies.
BUSINESS
Sep 3, 2002

Mitsubishi Securities launches operations

Mitsubishi Securities Co. began operations Monday after being launched over the weekend by Mitsubishi Tokyo Financial Group Inc. through the merger of four affiliated brokerages.
BUSINESS
Aug 20, 2002

Nasdaq withdrawal blamed on prolonged economic slump

The head of Nasdaq's international operations reiterated Monday that the prolonged domestic slump was behind Nasdaq Stock Market Inc.'s decision to pull out of Japan.
BUSINESS
Apr 2, 2002

Mizuho Holdings sees new dawn

Mizuho Holdings Inc., the world's largest banking group by assets, made a fresh start Monday as its three core banks merged into two -- Mizuho Bank and Mizuho Corporate Bank.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
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.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
China seizes disputed reef near key Philippine military outpost
China Coast Guard officers unfurl a national flag on Sandy Cay reef, near the Philippine-held Thitu Island, in disputed waters of the South China Sea this month in this screen shot taken from Chinese state broadcaster CCTV.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
U.S. secretary of the navy weighs ‘dual-use’ shipbuilding with Japan
John Phelan at a Senate confirmation hearing for U.S. secretary of the navy in Washington in February
Expo '25 gives the world a masterclass in mascots
2025 Osaka Expo mascot Myaku-Myaku dances on the stage during the event's official opening ceremony on April 12.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Alex K.T. Martin

SUSTAINABLE JAPAN

Fujitsu crafts sustainable innovation for itself, society
Fujitsu crafts sustainable innovation for itself, society

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