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May 02, 2024
 

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JX HOLDINGS INC

BUSINESS / Companies
Oct 5, 2016
Insurer Sompo to buy Endurance for $6.3 billion
Sompo Holdings Inc. agreed to buy Bermuda-based insurer Endurance Specialty Holdings Ltd. for about $6.3 billion (¥637.5 billion), in the company's biggest acquisition as it expands further outside Japan.
BUSINESS / Companies
Oct 3, 2016
Nishi-Nippon Financial becomes nation's newest lender after Kyushu banks merge
Regional banks welcomed another player to the sector Monday after two lenders in Kyushu merged to become Nishi-Nippon Financial Holdings Inc.
Japan Times
JAPAN / FOCUS
Sep 30, 2016
Tepco admits success of Fukushima ice wall still unknown
Whether the ¥35 billion gambit is working to block the inflow of groundwater remains unclear six months after it started freezing underground soil.
BUSINESS / Companies
Aug 31, 2016
JX, TonenGeneral finalize merger as Japan's biggest oil refiner
JX Holdings Inc. and TonenGeneral Sekiyu KK on Wednesday finalized an agreement to form Japan's biggest oil refiner starting in April.
BUSINESS / Companies
Mar 15, 2016
Nomura to raise pay for 3,700 employees at Japan brokerage
Nomura Holdings Inc. will raise salaries for staff at its Japanese brokerage for a third year.
BUSINESS / Companies
Dec 18, 2015
Nonlife insurer Sompo Japan to acquire nursing home operator Message
Nonlife insurer Sompo Japan Nipponkoa Holdings Inc. plans to acquire nursing home operator Message Co., company officials said Friday, as part of efforts to diversify its sources of revenue in a market being squeezed by population decline.
BUSINESS / Companies
Dec 1, 2015
ANA to use Euglena jet fuel made from green algae at Japan plant
ANA Holdings Inc., the nation's largest airline, plans to use a Euglena Co. biofuel made from algae as the supplier builds a demonstration plant in Yokohama.
BUSINESS / Companies
Nov 20, 2015
In first, ANA to accept 15 Myanmar trainees starting later this month
ANA Holdings Inc. will accept 15 Myanmar trainees starting at the end of this month to work in ground services at Narita airport, including in operating passenger boarding bridges and loading cargo.
BUSINESS / Companies
Oct 1, 2015
Sompo Japan to buy nursing care unit from Watami for ¥21 billion
Major property and casualty insurance group Sompo Japan Nipponkoa Holdings Inc. plans to acquire the elderly nursing care unit of pub and restaurant chain operator Watami Co. for about ¥21 billion, industry sources said Thursday.
Japan Times
BUSINESS
Sep 16, 2015
Japan flying surplus fish across Asia as domestic demand falls
The country that gave the world sushi now finds itself with too much fish.
Japan Times
BUSINESS / Companies
Sep 11, 2015
Watami restaurant chain to sell off nursing care subsidiary: sources
Struggling restaurant chain Watami Co. on Thursday admitted to holding talks on a handover, following media reports that it plans to sell its nursing care business and focus on food servicing operations centered on its namesake Japanese-style taverns.
Japan Times
BUSINESS
Jun 27, 2015
Japan Post units plan simultaneous IPOs
The bank and insurance arms of financial giant Japan Post are planning to apply for simultaneous IPOs in October.
Japan Times
BUSINESS / Companies
May 29, 2015
Skymark files recovery plan, names DBJ director as president
An executive of the Development Bank of Japan is expected to be named president of Skymark Airlines Inc. in a restructuring plan the bankrupt carrier was to submit to a court later Friday, sources said.
BUSINESS
May 16, 2015
Nomura, RBS ordered to pay $806 million over U.S. mortgage sales
A U.S. district court on Friday ordered Nomura Holdings Inc. and the Royal Bank of Scotland to pay a collective $806 million over sales of defective residential mortgage-backed securities in the United States that led to the financial crisis in 2008.
BUSINESS / Companies
May 1, 2015
Benesse posts first group net loss in wake of massive data theft
Benesse Holdings Inc. said Friday it posted its first group net loss since going public in 1995 as it incurred special losses to deal with the aftermath of the nation's biggest corporate data theft by a former employee.
Japan Times
BUSINESS / Companies
Dec 20, 2014
Oil firm Idemitsu mulls acquisition of rival Showa Shell
The nation's No. 2 oil distributor might acquire No. 5 rival Show Shell in a deal that could trigger an industrywide consolidation as oil demand shrinks.
Japan Times
BUSINESS / Companies
Aug 1, 2014
Benesse cancels earnings forecast
Benesse Holdings Inc. has withdrawn its earnings forecast for the year because it can't determine how the theft of its customer data will impact its correspondence education subsidiary.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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