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April 19, 2024
 

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MITSUI O S K

Japan Times
BUSINESS
Jul 16, 2023
Sumitomo Mitsui executive sees AI as chance for Japan's regrowth
Surveyed employees said that AI is helpful for searching information, translating and creating documents, but also said there were limits to its use in work requiring creativity.
Japan Times
BUSINESS
Jul 12, 2023
Mitsui Fudosan displaces Mitsubishi Estate as Japan's top real estate developer
Recovering tourism, after the lifting of pandemic controls, and work-from-home habits have altered investors’ views of hotels and offices, in which Mitsui is more heavily invested.
Japan Times
BUSINESS
Jun 19, 2023
Japan's financial regulator sounds out top banks about China risks
The Financial Services Agency has asked whether they have plans in place if Sino-Western tensions escalate.
Japan Times
BUSINESS / Women at Work
Jun 13, 2023
From Japan to the U.S. and back: Thriving as a woman in international finance
Chikako Matsumoto achieved her dream of joining the World Bank, and later returned to her home country and executive roles there.
Japan Times
BUSINESS / Companies
May 15, 2023
Japan's top banks expect solid profits, MUFG sees record year
Sumitomo Mitsui Financial Group and Mizuho Financial Group, Japan's second- and third-largest lenders by assets, also expect their highest net profits since the mid 2010s.
Japan Times
BUSINESS / Companies
May 2, 2023
The inside story of Buffett’s big Japan bet, over glasses of Coke at Four Seasons
The billionaire investor's visit is seen as an important vote of confidence in Japan’s big five traders as they pivot away from fossil fuels.
Japan Times
BUSINESS / Economy
Apr 25, 2023
Bankers chase startups in Japan as funding dries up elsewhere
Lenders including Sumitomo Mitsui Banking and Mizuho Bank are planning to increase the staff they allocate to startup businesses.
Japan Times
BUSINESS / Companies
Apr 10, 2023
Japan's three mega-banks to face votes on climate change
Climate groups are targeting mega-banks Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group over financing linked to fossil fuels.
Japan Times
BUSINESS / Companies
Apr 3, 2023
Sumitomo Mitsui wants Wall Street bankers for U.S. expansion
The newly appointed head of the firm’s core banking unit says the downturn in the global economy will help it attract talent as it seeks to boost areas like sales and trading.
Japan Times
BUSINESS / Companies
Feb 13, 2023
SMBC Nikko fined ¥700 million over market manipulation
The firm received an additional penalty of some ¥4.4 billion, while a former executive officer was given a suspended prison sentence.
Japan Times
BUSINESS / Companies
Feb 10, 2023
SMBC to end corporate finance for coal mining by 2040, but trade finance remains
Critics have previously pointed to the ambiguity on corporate financing, potentially providing a loophole for banks lending to pure-play coal miners.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Major Japan trading house eases rules on side jobs to retain new generation
Trading houses hold an outsized influence in Japan due to their diversified business interests, and are favorites among university graduates due to their high salaries and job security.
Japan Times
JAPAN / History
Jan 22, 2023
The Heian and Edo periods couldn't have been more different, which is why it's odd they ended in such a similar way
The transition from Heian Period peace to the war-prone Kamakura Period was a rough one. Surprisingly, the transition from conflict to the boardrooms of modern Japan were just as rough.
Japan Times
BUSINESS / Companies
Jan 5, 2023
Japan's SMFG to extend Jefferies alliance beyond U.S., CEO says
'We will cooperate anywhere we can,' leveraging Jefferies' investment banking expertise and SMFG's huge balance sheet, Jun Ohta said.
Japan Times
BUSINESS / Companies
Dec 27, 2022
Japan firms agree on long-term LNG deals with U.S. and Oman in fossil fuel reversal
The agreements, driven by high prices, mark a shift for importers that had been moving away from such deals, expecting a transition to cleaner energy sources to reduce gas demand.
Japan Times
JAPAN
Dec 16, 2022
Tokyo court rejects suit over Olympic village's delayed condo use
The properties in question are part of the Harumi Flag complex being developed on an artificial island in Tokyo Bay and total of 4,145 residential units.
Japan Times
BUSINESS / Companies
Dec 16, 2022
Japanese banks agree to back Toshiba’s preferred bidder, sources say
The four major banks are finalizing the details and could issue commitment letters as soon as the end of this month, the sources said.
Japan Times
BUSINESS / Companies
Nov 15, 2022
Japan’s megabanks plan $2.5 billion buybacks
Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group both said they will buy back shares while Mizuho Financial Group upped a dividend forecast.
Japan Times
BUSINESS / Companies
Nov 4, 2022
SMBC Nikko CEO to stay on, for now, following trading scandal
At a news conference in Tokyo, Yuichiro Kondo said he 'will step down after paving the way for the company's reconstruction.'
Japan Times
BUSINESS
Nov 4, 2022
Toshiba’s preferred bidder may miss finance deadline
Four banks that were considering whether to issue commitment letters for loans to the consortium led by Japan Industrial Partners have decided not to proceed before the cutoff date.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
Why hasn't Japan moved to prop up the weak yen?
Finance Minister Shunichi Suzuki speaks to reporters in Tokyo on Tuesday.
Snake on a train: Discovery of serpent delays Tokyo-Nagoya shinkansen
A Tokaido shinkansen. It is unclear whether the snake was venomous or how it ended up on the train, and there was no injury or panic among passengers.
Sex differences could be key to the successful treatment of long COVID
A new study has found that women with long COVID had significantly lower levels of testosterone compared to those who had recovered from their infection.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on
By Lance Henderstein

SUSTAINABLE JAPAN

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