Tag - acquisitions

 
Menu
Search
 
May 15, 2025
 

Today's print edition

Home Delivery
Subscribe for more access

ACQUISITIONS

NTT said last week it will take its data service unit NTT Data Group private. That followed its acquisition of its mobile service arm, NTT Docomo in 2020.
BUSINESS
May 15, 2025
Listed subsidiaries get the ax in Japan after investor pressure
The trend stems from pressure on firm to cater to shareholders in response to activist campaigns, demands from the stock exchange and hostile takeovers.
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
BUSINESS / Markets
May 14, 2025
Tokyo Stock Exchange wants stocks to be affordable for the average investor
Attracting more small investors could help reduce volatility due to the introduction of a wider range of investment strategies.
Toyota Chairman Akio Toyoda speaks during the 2025 CES event in Las Vegas in January.
BUSINESS / Companies
May 13, 2025
Akio Toyoda’s buyout plan called ‘gutsy’ by Dalton Investments
Toyota Motor Chairman Akio Toyoda’s ¥6 trillion ($41 billion) plan to buy out Toyota Industries has won over at least one of the auto supplier’s critics: Dalton Investments.
A security guard stands outside a branch of Yes Bank in New Delhi last August.
BUSINESS / Companies
May 10, 2025
Japan's SMBC to buy stake in India's Yes Bank
The Sumitomo Mitsui deal marks the biggest foreign investment in India’s banking sector, and is the latest move by Japanese lenders to expand in the country.
Nippon Telegraph and Telephone plans a buyback of shares from May 12 through March 31, a move it says is geared toward raising capital efficiency and boosting shareholder returns.
BUSINESS / Companies
May 9, 2025
NTT announces ¥200 billion buyback in capital efficiency push
The buyback from May 12 through March 31 is geared toward raising capital efficiency and boosting shareholder returns, the company said.
Nidec has decided to withdraw a ¥257 billion ($1.8 billion) unsolicited tender offer for machine tool maker Makino Milling Machine, bowing to strong resistance from its target.
BUSINESS / Companies
May 9, 2025
Nidec withdraws its $1.8 billion hostile takeover bid for Makino Milling Machine
Makino had previously threatened to block the takeover by granting stock acquisition rights to existing shareholders.
Akira Shimada, CEO of NTT, speaks during a news conference in Tokyo on Thursday.
BUSINESS
May 8, 2025
NTT to launch $16.5 billion tender offer for NTT Data in AI push
Japan’s biggest telecom operator is launching a tender offer of ¥4,000 per share for all stock it doesn’t own in NTT Data.
Akio Toyoda’s $42 billion plan to buy Toyota Industries is one of the examples in a recent wave of management buyout ambitions in Japan.
BUSINESS
May 8, 2025
Japan’s tycoon families seek buyouts to evade investor pressure
The desire to delist stems from mounting pressure public companies face from investors and the threat of being acquired.
Stephen Dacus, incoming chief executive officer of Seven & I Holdings, speaks to reporters in Tokyo on April 24.
BUSINESS / Companies
May 1, 2025
Seven & I and Couche-Tard sign nondisclosure agreement
The move might signal that discussion on Couche-Tard's takeover proposal is moving forward.
Toyota Motor Corp. Chairman Akio Toyoda after a meeting in Beijing last month
BUSINESS / Companies
Apr 25, 2025
Toyota chairman proposes record buyout of its supplier at $42 billion valuation
The proposal values Toyota Industries, which makes looms for textiles as well as parts for Toyota’s cars, at a premium of 40% over its closing stock price on Friday.
The United Steelworkers union headquarters in Pittsburgh, Pennsylvania
BUSINESS / Companies
Apr 23, 2025
Union tells Bessent risks of Nippon Steel deal are too great
The United Steelworkers said the risks cannot be overcome in any scenario in which Nippon Steel exercises influence over U.S. Steel’s decision-making.
Nomura has been expanding in asset management in a bid to generate more stable income and reduce its reliance on volatile trading and investment banking.
BUSINESS
Apr 22, 2025
Nomura’s biggest deal since Lehman forms $770 billion fund giant
Tokyo-based Nomura has been expanding in asset management in a bid to generate more stable income and reduce its reliance on volatile trading and investment banking.
Ryosei Akazawa (third from right), Japan's tariffs negotiator, in a meeting with U.S. Secretary of the Treasury Scott Bessent (second from right) and other senior government officials on Wednesday in Washington
BUSINESS
Apr 18, 2025
Trump reiterates opposition to Nippon Steel’s purchase of U.S. Steel
Whether there is interplay between the tariff negotiations and the Nippon Steel-U.S. Steel deal has never been made clear.
U.S. Steel shares tumbled as much as 16% Wednesday after President Donald Trump made a fresh remark signaling his opposition to a buyout by Nippon Steel.
BUSINESS / Companies
Apr 10, 2025
Trump says he does not want to see U.S. Steel go to Japan
Trump told White House reporters that U.S. Steel is a special company, throwing cold water on expectations that Nippon Steel's buyout efforts might start to make progress.
Seven & I Holdings released forecasts for this year's operating profit and revenue that are lower than analysts' estimates.
BUSINESS / Companies
Apr 9, 2025
Seven & I’s guidance miss adds to pressure amid takeover bid
Seven & I said it expects domestic convenience store sales to rise 9.4% this fiscal year, while seeing revenue from overseas convenience stores falling 3.6%.
The U.S. Steel Clairton Coke Works facility in Pennsylvania
BUSINESS / Companies
Apr 9, 2025
U.S. Steel says activist investor now in favor of Nippon Steel deal
Ancora Holdings owns less than a 1% stake in the company.
Billionaire Elon Musk said the value of his X social media network is $45 billion when including $12 billion of debt, describing his xAI artificial intelligence startup's purchase of X as an all-stock transaction.
BUSINESS / Tech
Mar 29, 2025
Musk’s xAI startup swallows up X social network in surprise deal
Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he also controls, at a valuation of $33 billion.
Masuo Fukuda, head of Citigroup’s investment banking business in Tokyo, says the hiring in Tokyo started in December targeting various levels of bankers.
BUSINESS / Companies
Mar 27, 2025
Citigroup hiring dealmakers in Japan with fee pool seen reviving
The Wall Street firm is expanding its investment banking team in Japan as it bets the country’s deal fee pool will finally rebound.
While mobile games such as Pokemon Go are at the core of Scopely’s business, the company is developing or considering acquiring PC and console titles.
BUSINESS / Companies
Mar 26, 2025
Behind the $3.5 billion Pokemon deal lies a consolidation strategy
While mobile games such as Pokemon Go are at the core of Scopely’s business, the company is looking into PC and console titles.
Potential buyers for a package of 7-Eleven and other convenience stores have until the end of March to express their interest, Alimentation Couche-Tard Chief Financial Officer Filipe Da Silva said.
BUSINESS / Companies
Mar 26, 2025
Couche-Tard sees strong interest in U.S. stores for Seven & I deal
The Canadian company has agreed with Seven & I to seek a buyer for overlapping retail outlets as a prerequisite for takeover talks to sidestep U.S. antitrust concerns.
Transport ministry issues warning to Haneda Airport operator
The operator of Tokyo's Haneda Airport has been warned by the government over its inappropriate transactions.
Success of Chinese-made fighter jets against India raises alarm in Asia
Chinese J-10 fighter jets from the People's Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, in November 2015.
One month on, Osaka Expo urged to boost heat and crowd control measures
A gate to the Osaka Expo site is crowded with visitors on Monday.
Xi defiance pays off as Trump meets most China trade demands
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
Japanese retailers turn to California rice for cheaper alternative
U.S. Ambassador to Japan George Glass eats California rice at the U.S. Embassy in Tokyo on Tuesday along with Mitsuko Tsuchiya, vice president of retailer Aeon.
Sumo title contenders already emerging in early stages of Tokyo meet
Onosato (left) battles Abi on Day 3 of the Summer Basho in Tokyo on Tuesday.
Harmfully hot days for pregnant women in Japan nearly doubled over past five years
New research by a U.S. climate scientists’ group reveals that extreme heat has increased the risks of preterm births and other pregnancy complications in Japan, nearly doubling the number of days that are harmfully hot for pregnant women over the past five years.
Japanese automakers looking at a ¥1 trillion hit from Trump tariffs 
Cars on display at Nissan's headquarters in Yokohama on Tuesday. The automaker posted a massive annual net loss and confirmed that it plans to cut thousands of jobs worldwide.
Tokyo Stock Exchange wants stocks to be affordable for the average investor
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
Consumption tax set to dominate Upper House election debate
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.

Podcast

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

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?
By Tomoko Otake

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER