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October 31, 2025
 

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MUFG

Japan Times
BUSINESS / Companies
Dec 24, 2019
WeWork bailout stalls as Japan banks balk at lending Softbank $3 billion
SoftBank Group Corp.'s talks to secure $3 billion (about ¥328 billion) from the nation's three biggest banks have stalled as the lenders have hit internal lending limits to the firm, two people said, complicating a $9.5 billion rescue package for WeWork.
Japan Times
BUSINESS
Dec 16, 2019
Masayoshi Son's bankers worried about their favorite client
Masayoshi Son's bankers are taking a hard look at their most important client.
Japan Times
BUSINESS / Companies
Dec 10, 2019
Japan's banks charging more fees to cover slumping revenue
Some banks are levying more fees as a way to cover plunges in revenue, with industry leader MUFG Bank considering a maintenance charge for inactive accounts.
Japan Times
JAPAN
Dec 7, 2019
Japan's mega-banks named as world's biggest lenders for new coal plants
Japan's three biggest commercial banks are the world's top financiers of new coal plants, according to research released Thursday in Spain at the United Nations Climate Change Conference.
Japan Times
BUSINESS / Markets
Dec 4, 2019
MUFG Bank to launch smartphone payment service
MUFG Bank will set up a joint company with human resources services provider Recruit Holdings Co. to launch a smartphone-based cashless payment service, it was learned Wednesday.
Japan Times
BUSINESS / Companies
Nov 15, 2019
Japanese banks face headwinds even with current profit goals in sight
Even as the nation's biggest banks remain on course to achieve their full-year earnings goals, they are losing profit drivers.
Japan Times
BUSINESS / Companies
Sep 25, 2019
MUFG to cut brokerage staff in Hong Kong, Singapore and Sydney
Mitsubishi UFJ Financial Group Inc. is planning to cut about half of its 150-strong workforce at its securities business in Hong Kong, Singapore and Sydney, people with knowledge of the matter said.
Japan Times
BUSINESS
Aug 28, 2019
Japan credit card firms may apply discounts to monthly payments to ease impact of tax hike
Major credit card companies are considering deducting points earned during purchases from the balance requiring payment, under a government rebate program intended to cushion the impact of the consumption tax hike planned for October, it was learned Tuesday.
Japan Times
BUSINESS
Aug 16, 2019
Japanese firms in Hong Kong concerned protests may escalate as ministry issues warning
The Foreign Ministry's Level 1 travel warning is its weakest, but Japanese financial institutions operating in the international financial hub are growing wary of conducting business there.
Japan Times
BUSINESS / Companies
Jun 27, 2019
MUFG on track to be Japan's first yuan clearing bank after expected Abe-Xi deal at Osaka G20
MUFG Bank is expected to become the first Japanese bank to be designated as a yuan clearing bank, sources said Wednesday.
BUSINESS / Companies
May 31, 2019
MUFG, Japan's biggest bank, offers redundancy to hundreds of managers in London
Mitsubishi UFJ Financial Group Inc. is preparing major job cuts in London, another sign of the deepening troubles Japanese banks face at their overseas operations.
BUSINESS / Companies
May 23, 2019
Sumitomo Mitsui Financial increases planned cuts, to the equivalent of 5,000 employees' workload
Sumitomo Mitsui Financial Group Inc. will increase planned cuts to its head count that will now reduce work done by the equivalent of nearly 5,000 employees over the three years to March 2020, it was learned Wednesday.
Japan Times
BUSINESS / Companies
May 21, 2019
Nomura's retreat again highlights how Japan's banking behemoths struggle to succeed abroad
Time and again since Japan emerged as a global economic force, its financial leaders have hatched plans to translate their influence into investment-banking clout. Time and again, they've failed.
BUSINESS / Companies
May 16, 2019
Japan's mega-banks see challenging year ahead as profit drivers wane
Japan's biggest banks have warned investors of a tough year ahead.
Japan Times
JAPAN / Society
May 10, 2019
Happy hour is over: MUFJ bank executive takes aim at Japan's 'nominication' drinking culture
It's time to stop drinking with the boss after work.
Japan Times
BUSINESS / Companies
Mar 1, 2019
Japan's MUFG agrees to buy German lender DZ Bank's aviation finance arm for ¥710 billion
The unit acquired from Germany's second-largest bank will be one of the Mitsubishi UFJ Financial Group's biggest acquisitions since it was created in 2005.
Japan Times
BUSINESS / Companies
Oct 31, 2018
Japan's Mitsubishi UFJ buys up Commonwealth Bank of Australia's asset arm for $2.9 billion
The upheaval in Australia's scandal-tainted banking industry has handed Japan's largest banking group a long-awaited opportunity to get a bigger foothold in the global asset management industry.
Japan Times
BUSINESS
Oct 22, 2018
Mitsubishi Bank CEO Kanetsugu Mike pulls out of Saudi business forum
The chief executive of Japan's biggest bank has pulled out of Saudi Arabia's financial conference, dubbed "Davos in the Desert," joining a growing list of withdrawals following the killing of a government critic at the kingdom's consulate in Turkey.
BUSINESS
Sep 20, 2018
Japan's Financial Services Agency to check financial institutions' readiness for any emerging market swings
The Financial Services Agency plans to check if Japan's banks and other financial institutions are prepared to deal with any impact from sharp swings in emerging markets, sources with direct knowledge of the matter said Wednesday.
Japan Times
BUSINESS / Companies
Jul 10, 2018
Japan mega-bank MUFG considers job cuts in overseas brokerage business
Mitsubishi UFJ Financial Group Inc. is considering job cuts at its securities operations overseas to keep them profitable.
Takaichi buys time and builds trust with ‘near-perfect’ Trump summit
U.S. President Donald Trump walks with Prime Minister Sanae Takaichi aboard the USS George Washington aircraft carrier during a visit to the U.S. Navy's Yokosuka base in Yokosuka, Kanagawa Prefecture, on Tuesday.
Trump trims fentanyl-linked China tariffs after 'amazing' Xi meeting
U.S. President Donald Trump and Chinese leader Xi Jinping greet each other as they arrive for talks at the Gimhae Air Base, next to the Gimhae International Airport in Busan, South Korea, on Thursday.
Inside Tokyo's 'phantom' stations — and the stories they tell
Mamoru Iwai, stationmaster of Keisei Ueno Station, says that, other than earthquake-proofing, the former Hakubutsukan-Dobutsuen (Museum-Zoo) Station has remained untouched.
Kyushu banzuke sets the stage to cement 2025’s sumo narratives
Onosato ahead of his bout against Aonishiki at The Grand Sumo Tournament at the Royal Albert Hall in London on Oct. 18
Takaichi pushed back on U.S. request to ban Russian gas imports, sources say
Prime Minister Sanae Takaichi reportedly turned down a request from the U.S. to cease imports of liquefied natural gas from Russia.
At Japan Mobility Show, BYD gears up to conquer Japan's EV market
BYD Auto Japan President Atsuki Tofukuji unveils the Racco at the Japan Mobility Show in Tokyo on Wednesday.
Oasis returns to Tokyo: Rain, rapture and rock
Fans wait to get into the Oasis show at Tokyo Dome on Saturday. While lining up in the rain, some broke into impromptu versions of the British rock group's hits.
Kyushu banzuke sets the stage to cement 2025’s sumo narratives
Onosato ahead of his bout against Aonishiki at The Grand Sumo Tournament at the Royal Albert Hall in London on Oct. 18
Tokyo Film Festival opens with global stars and a spotlight on Asian storytelling
Director Junji Sakamoto (left) walked the Tokyo International Film Festival red carpet with Sayuri Yoshinaga (center) and Non (right), who both play mountaineer Junko Tabei, the first woman to summit Mount Everest, in the biopic "Climbing for Life."
Spanish artist and Japanese writer duos diversify the manga talent pool in Japan
"Menheim” is a dark fantasy manga with a story that centers on a girl’s quest to find a cure for her ill brother.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Mamoru Iwai, stationmaster of Keisei Ueno Station, says that, other than earthquake-proofing, the former Hakubutsukan-Dobutsuen (Museum-Zoo) Station has remained untouched.
Inside Tokyo's 'phantom' stations — and the stories they tell
By Alex K.T. Martin

SUSTAINABLE JAPAN

Foreign wrestlers have a long history in sumo
Foreign wrestlers have a long history in sumo

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