Japan Post invests in Daiwa Securities to cement ties

Business / Corporate May 21, 2019

Japan Post invests in Daiwa Securities to cement ties

Japan Post Holdings Co. has acquired an equity stake of 1.91 percent in Daiwa Securities Group Inc. Daiwa revealed the deal in a notice Monday for its upcoming general shareholders meeting. According to the notice, Japan Post Holdings had 30 million shares in Daiwa as of ...

Business / Corporate May 1, 2014

Softbank plans to reload with ¥300 billion bond sale

Softbank Corp., the wireless carrier run by billionaire Masayoshi Son, will raise ¥300 billion ($2.9 billion) in a fresh bond issue to repay past debt, boost liquidity and make investments. Softbank will offer five-year notes to individual investors, it said in a filing Thursday to ...

Business / Corporate Jan 7, 2014

Daiwa may boost junior staff's pay

Daiwa Securities Group Inc. plans to raise salaries for about 5,000 junior staff to offset swelling costs as the government prepares to increase the consumption tax. Japan's second-largest brokerage is considering increasing monthly pay by about 3 percent, targeting employees in their 20s and 30s, ...