Tag - mitsui

 
 

MITSUI

Japan Times
BUSINESS
Jun 21, 2022
Sumitomo Mitsui to take 10% stake in SBI Holdings, source says
The deal would mark another significant acquisition for Sumitomo Mitsui after a string of other deals.
Japan Times
BUSINESS
May 13, 2022
Top Japanese banks warn of uncertainties as profit seen slowing
The banks expect bad loan costs to drop as the impact of the pandemic eases, but are bracing for a challenging year as the U.S. Federal Reserve and other central banks raise interest rates.
Japan Times
JAPAN
May 5, 2022
Shipping firm Mitsui O.S.K. aims to help clean up marine plastic waste off Vietnam
The plastic industry in Vietnam, one of the world's top producers of marine plastic waste, produced 8.89 million tons of product in 2019.
Japan Times
BUSINESS
Apr 22, 2022
Japan banks target growth in cooling U.S. high-yield debt market
The banks are facing increasing risks and dwindling opportunities, testing their staying power.
Japan Times
BUSINESS
Mar 2, 2022
Trading houses Mitsui and Mitsubishi to study Shell's exit from Sakhalin 2 gas project
The Japanese firms said Tuesday they will consult with the government to assess the British oil major's planned exit from its flagship oil and natural gas business in eastern Russia.
Japan Times
BUSINESS
Feb 23, 2022
Porsche car carrier fire drags on days after crew left ship
Thousands of Porsches, Lamborghinis and other Volkswagen vehicles were being transported by the vessel, with their worth estimated to be roughly $155 million.
Japan Times
BUSINESS
Feb 19, 2022
Crew airlifted off burning Japanese ship adrift in Atlantic
Mitsui O.S.K. Lines Ltd., the operator of the Felicity Ace, said all 22 crew members aboard the ship have been safely evacuated to a nearby island.
Japan Times
BUSINESS / Companies
Jan 14, 2022
Green push ending 150-year tradition of bank passbooks in Japan
The country's largest bank will soon require new clients to pay u00a5550 a year for a passbook in a bid to encourage them to embrace digital services.
Japan Times
BUSINESS / Companies
Dec 23, 2021
Sumitomo Mitsui CEO Jun Ohta still looking for more acquisition targets
The head of Japan's second-largest lender is seeking to broaden services across Asia, acquiring commercial banks and consumer-finance companies.
Japan Times
BUSINESS
Aug 31, 2021
Warren Buffett has made $2 billion so far with bet on Japan's trading houses
The gain of more than 30% across the five firms has outpaced the benchmark Topix index's 21% rise, without accounting for dividend income.
Japan Times
BUSINESS
Jul 14, 2021
Sumitomo Mitsui allies with U.S. financial firm Jefferies
The group plans to purchase a stake of up to 4.9% in the U.S. group for around u00a542 billion.
Japan Times
BUSINESS / Economy
Jul 1, 2021
Japan bank head says transition funds are critical for climate
Helping big polluters transform into greener enterprises is one of the biggest challenges facing domestic banks, says Makoto Takashima, chairman of the Japanese Bankers Association.
Japan Times
BUSINESS / Companies
Jun 7, 2021
'Nihonbashi Valley': Tokyo’s old trade quarters transforming into a startup hub
The financial district home to the Tokyo Stock Exchange and the Bank of Japan is undergoing a makeover, luring dozens of life science and space technology startups.
Japan Times
BUSINESS
Apr 15, 2021
Japan's ticket to zero carbon could be century-old technology
Some of the biggest industrial companies in Japan are working on a project that could trigger a wave of investment into one of the most controversial forms of carbon capture: methanation.
Japan Times
BUSINESS / Companies
Mar 1, 2021
Little-known fees help Japan's trust banks dominate profitable niche market
Insiders say an 'industry custom' of termination fees keeps profitable business in the hands of a few big trust banks because newcomers balk at the cost.
Japan Times
BUSINESS / Companies
Jan 20, 2021
Mitsui Fudosan successfully acquires Tokyo Dome via tender offer
Tokyo Dome is projecting a net loss of u00a518 billion for the business year through Jan. 31.
Japan Times
BUSINESS / Companies
Dec 22, 2020
Sumitomo Mitsui on hunt for Asian lender and U.S. partner for deals
The plans underscore how the bank is looking beyond the current dip to grow abroad, with low interest rates and a graying population hampering prospects at home.
Japan Times
JAPAN
Dec 19, 2020
Mitsui O.S.K. vows to raise safety measures after Mauritius oil spill
The firm said it will set up surveillance cameras in the wheelhouse of its ships and ask owners of the chartered ships to do the same.
Japan Times
JAPAN
Dec 14, 2020
Japan considers ¥30 billion loan to Mauritius after oil spill
Foreign Minister Toshimitsu Motegi visited the country as part of a four-nation tour of Africa.
Japan Times
BUSINESS
Dec 11, 2020
Japan banks struggle to unwind last ¥4.6 trillion in cross-shareholdings
Having already divested trillions of yen under pressure from regulators and investors, megabanks are now down to a clutch of firms that are resistant to stake sales.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores