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April 28, 2024
 

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MITSUI

Japan Times
BUSINESS / ANALYSIS
Aug 28, 2014
Megabanks break glass ceiling for foreign managers
Japan's biggest banks are breaking tradition by promoting foreigners to top management roles to retain and lure overseas talent as growth abroad buoys profit.
BUSINESS
Aug 14, 2014
Japan's top three banks racing to secure licenses to open branches in Myanmar
Japan's top three banks are racing to open branches in Myanmar as investments in the country by Japanese companies are increasing on the back of its booming economy.
Japan Times
BUSINESS / Companies
Jul 31, 2014
Mitsubishi UFJ profit falls less than estimated on lending, fees
Mitsubishi UFJ Financial Group Inc., the nation's biggest bank, reported Thursday a smaller-than-estimated decline in first-quarter profit as lending income and fees rose, shrugging off an equity-market slowdown.
BUSINESS
Jul 28, 2014
As U.S. kicks off crude exports, Iran casts a shadow in Asia
The United States faces an awkward rival in its first attempts in 40 years to export crude oil — Iran.
BUSINESS / Companies
Jul 24, 2014
SMBC to lend ¥20 billion to Brazil's Amaggi to secure food supplies
Sumitomo Mitsui Banking Corp. will extend ¥20 billion in loans to Brazilian agribusiness company Amaggi to improve its distribution network and boost exports of corn and soybeans to Japan, according to sources close to the matter.
Japan Times
BUSINESS / Companies
Jul 9, 2014
Mitsui O.S.K. to pioneer Arctic route for LNG
Officials from shipping giant Mitsui O.S.K. Lines Ltd. announced Wednesday their company will begin transporting liquefied natural gas through the Arctic Ocean in 2018 — making it the first company in the world to tap the sea as a regular transit route.
BUSINESS / Companies
Jul 1, 2014
Banks OK multibillion-yen loans for Oita and Iwate biomass plant projects
Sumitomo Mitsui Banking Corp. and partners will provide a ¥6.3 billion loan for a biomass plant developed by a unit of First Energy Service Co.
Japan Times
BUSINESS / Companies
May 28, 2014
Mitsui Fudosan plans big share issue on Olympics
Mitsui Fudosan Co. plans to raise as much as ¥324.6 billion in the biggest share sale by a property company in Japan in at least four decades.
JAPAN
Apr 24, 2014
¥4 billion paid for ship's release
Mitsui O.S.K. coughs up about ¥4 billion to secure the release of an ore carrier seized in China over a contract dispute predating World War II.
Japan Times
JAPAN
Apr 24, 2014
Mitsui O.S.K. paid ¥4 billion over ship seizure in China
Mitsui O.S.K. Lines Ltd. has paid around ¥4 billion in connection with the recent seizure of its iron ore carrier by a Shanghai court due to a legal dispute, people familiar with the matter said Thursday.
JAPAN
Apr 21, 2014
China ship seizure hikes redress fears
China's seizure over the weekend of a containership owned by shipping giant Mitsui O.S.K Lines for its failure to respond to a wartime compensation order related to a contractual dispute has raised concerns in Japan that further assets may be confiscated if more rulings favor Chinese plaintiffs.
JAPAN
Apr 20, 2014
Shanghai court seizes Mitsui O.S.K. vessel over unpaid war redress
The Shanghai Maritime Court seizes a container ship from shipping giant Mitsui O.S.K. Lines for ignoring a compensation order linked to a wartime contract dispute.
Japan Times
BUSINESS / Companies
Mar 27, 2014
SMBC ups pay for first time in 19 years
Sumitomo Mitsui Financial Group Inc.'s lending unit has agreed to raise salaries for the first time in 19 years as an economic recovery spurs profit at Japan's second-largest bank by market value.
BUSINESS / Companies
Mar 26, 2014
Sumitomo Mitsui reportedly to hire four ex-UBS employees for equities
Sumitomo Mitsui Financial Group Inc. will hire four former UBS AG employees to expand its Japan equity business, according to a source.
Japan Times
BUSINESS / Companies
Feb 6, 2014
SMBC angles for housing units for seniors before health care REIT IPO
Sumitomo Mitsui Banking Corp. is seeking to buy about ¥10 billion in senior housing properties before taking its health-care real estate investment trust public.
Japan Times
CULTURE / Art
Feb 5, 2014
'Hina Dolls of the Mitsui Family'
In Japan, girls are traditionally given hina doll sets, which are put on display throughout the Hinamatsuri (Girls' Festival) season in March each year. Usually, each girl of the family will receive her own set, which she keeps throughout her life.
BUSINESS
Jan 29, 2014
Road urged removed before games
Developer Mitsui Fudosan Co. said Wednesday it is in talks with the government about the removal of a highway near Tokyo Station ahead of the 2020 Olympic Games.
BUSINESS / Companies
Jan 2, 2014
Mitsubishi, Mitsui pull out of deal to buy Aussie LNG
Mitsubishi Corp. and Mitsui & Co. have withdrawn from an agreement to buy liquefied natural gas from Woodside Petroleum Ltd.'s Browse venture in Australia after delays to the project.
Japan Times
BUSINESS / Companies
Dec 25, 2013
Sumitomo Mitsui may resume JGB buys once inflation picks up
Sumitomo Mitsui Financial Group Inc., the biggest seller of Japanese government bonds among the nation's three biggest banks, may start buying again once inflation picks up, President Koichi Miyata said.
Japan Times
JAPAN
Dec 17, 2013
Itai-itai victims settle with Mitsui Mining
Victims of itai-itai disease and the company responsible for the pollution-related malady reach a settlement over compensation after decades of legal battles.
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 homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
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.
'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.
Air China to buy 100 locally made C919 jets in $11 billion deal
A Comac C919 during an aerial display at the Singapore Airshow at Changi Exhibition Centre in Singapore in February
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Tokyo's Koto Ward by-election a race unlike any other
Natsumi Sakai, the Constitutional Democratic Party of Japan’s candidate and one of four female candidates running in the by-election, touts her experience as a cancer survivor and midwife as having prepared her to tackle issues that women currently face.
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.
Top U.S. and China diplomats talk tough amid warnings of new ‘downward spiral’
U.S. Secretary of State Antony Blinken and China's Foreign Minister Wang Yi at the Diaoyutai State Guesthouse in Beijing on Friday
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.

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