Tag - holdings

 
 

HOLDINGS

Japan Times
BUSINESS
Mar 9, 2023
Seven & I Holdings to cut over 20% of Ito-Yokado stores and exit apparel business
Ito-Yokado will close 33 unprofitable or low-profit margin outlets in Japan by the end of February 2026.
Japan Times
BUSINESS / Companies
Feb 3, 2023
Z Holdings to merge with Line and Yahoo Japan by March 2024
The SoftBank-backed company is looking to streamline its operations in a bid to position itself as a world-leading AI company.
Japan Times
JAPAN / Crime & Legal
Feb 1, 2023
Prison term sought for ex-Aoki head over Tokyo Games bribery
The prosecution also demanded shorter prison terms for the firm's former vice chairman and for the retailer's former senior managing director.
Japan Times
JAPAN / Crime & Legal
Dec 22, 2022
Aoki Holdings founder pleads guilty to bribery related to Tokyo Games
Thursday's court hearing was the first related to a series of scandals involving the Tokyo Olympics.
Japan Times
BUSINESS / Companies / Regional Voices: Tohoku
Nov 28, 2022
10 years in making, Tohoku regional banks taking on new challenges
Human resource development and smartphone apps are among the initiatives being adopted by financial institutions in the region.
Japan Times
JAPAN
Nov 22, 2022
Ad agency ADK reports bid rigging for Tokyo Olympic test events
By offering to cooperate with the Japan Fair Trade Commission, the agency is hoping for leniency such as a reduction in fines or criminal charges.
Japan Times
BUSINESS
Nov 16, 2022
U.S. fund Bain Capital to buy apparel firm Mash Holdings for ¥200 billion
The acquisition of the operator of loungewear brand Gelato Pique is set to be completed by the end of December.
Japan Times
BUSINESS / Companies
Nov 11, 2022
Seven-Eleven parent to sell Sogo & Seibu stores to U.S. fund
The U.S. investment fund said it will revamp the operator of Sogo and Seibu department stores by teaming up with electrical appliances retailer Yodobashi Camera.
Japan Times
BUSINESS / Companies
Nov 9, 2022
Fortress close to buying Japan’s Sogo & Seibu for over $1.4 billion
Discussions are in their final stage and an announcement could come as soon as Thursday, sources have said.
Japan Times
JAPAN / Crime & Legal
Sep 18, 2022
Ex-Tokyo Games executive suspected of giving favors to ad agency ADK
Haruyuki Takahashi has been arrested on suspicion of taking bribes from companies including Aoki Holdings Inc. over Tokyo Games sponsorship contracts.
Japan Times
BUSINESS
Sep 3, 2022
Nomura made foreign exchange trades for Glen Point at heart of U.S. fraud case
Nomura Holdings pushed through hundreds of millions of dollars of trades for hedge fund Glen Point Capital that are now at the center of U.S. criminal charges, sources said.
Japan Times
JAPAN / Crime & Legal
Aug 26, 2022
Arrest over alleged bribery could be final whistle on career of Japan's sporting event ace
Since organizing a 1977 soccer event featuring Pele, Haruyuki Takahashi has been a towering figure in the sports business world.
Japan Times
JAPAN / Crime & Legal / EXPLAINER
Aug 26, 2022
Tokyo Olympic bribery scandal puts spotlight on money's influence
The scandal is also being watched closely in Sapporo, which is bidding to host the 2030 Winter Olympics and Paralympics.
Japan Times
JAPAN / Crime & Legal
Aug 20, 2022
Aoki asked for favors from Tokyo Olympic exec until just before Games began
Public prosecutors believe the firm had relied on the exec for not only sponsorship selection but also a wide-range of pursuits, including sales of officially licensed products.
Japan Times
BUSINESS / Companies
Aug 19, 2022
Japan’s largest online broker to shut crypto mining in Russia
Russia's invasion of Ukraine has created uncertainty over the prospects of the mining business, while crypto's global market rout has rendered it less profitable to mine tokens.
Japan Times
JAPAN / Crime & Legal
Aug 17, 2022
Tokyo prosecutors arrest former Olympic committee executive and ex-Aoki chairman
Haruyuki Takahashi, 78, a former senior managing director of ad giant Dentsu and a powerful figure in sports circles, allegedly received u00a551 million from the retailer.
Japan Times
BUSINESS / Companies / FOCUS
Aug 16, 2022
Growing number of shareholder meetings held online in Japan
The number of such companies is expected to increase 60% from the previous year to some 800 this year, according to Mitsubishi UFJ Trust and Banking.
Japan Times
BUSINESS / Companies
Aug 13, 2022
Japan's Skylark to shut 100 outlets, including Gusto family restaurants
Skylark decided to close some of its outlets as its profitability deteriorated due to higher prices and a decrease in customers due to COVID-19.
Japan Times
JAPAN / Crime & Legal
Jul 27, 2022
Home of Aoki Holdings founder raided over suspected Olympic bribery
In October 2018, Aoki signed an official supporter contract with the organizing committee for business and formal clothes, obtaining the rights to make uniforms for referees and others.
Japan Times
BUSINESS / Companies
Jul 26, 2022
Japanese insurers sell heatstroke coverage during sizzling summer
Sompo Holdings and Sumitomo Life Insurance, two of the country's biggest insurers, are offering policies specifically designed to cover medical expenses arising from heatstroke.

Longform

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