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 Oct 22, 2014

Daiwa closes convertible-bond principal trading desk in London

Daiwa Securities Group Inc. has closed its principal trading desk in London for convertible bonds as Japan's second-largest brokerage reviews the profitability of its operations abroad. The firm shut the business this month, spokeswoman Misato Kinoshita said Wednesday, while declining to comment on the size ...

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, ...