The number of initial public offerings in Japan was nearly flat at 41 in the first half of 2019, up one from a year before, Japan Exchange Group Inc. (JPX) said Tuesday. The total amount of money raised by the IPOs decreased by more than ...
Ikinari Steak restaurant operator Pepper Food Service Co. to quit Nasdaq
Japan's Pepper Food Service Co., which runs the Ikinari Steak restaurants, said Friday its American depositary receipts will be delisted from the U.S. Nasdaq stock market by autumn. Pepper Food made its Nasdaq debut in September last year, becoming the first Japanese restaurant chain to ...
Sony plans ¥100 billion buyback, its biggest ever, in wake of poor forecast and steep share drop
The electronics maker’s first large-scale repurchase accounts for 2.4 percent of its stock and comes on the heels of SoftBank’s ¥600 billion buyback and a steep share drop.
Bad news around mutual funds does little to boost Japanese people's appetite for investment
On July 27, the Asahi Shimbun reported that the Bank of Japan had overestimated the value of mutual funds being held by individuals by about 30 percent. Every three months the BOJ publishes statistics called shikin junkan tōkei that cover the financial assets of ...
Japan overtakes China to become world's second-biggest stock market
Japan retakes the No. 2 spot with a valuation of $6.17 trillion as China’s stock market takes a beating from a slowing economy and the trade war with the U.S.
Taming the Tokyo Whale? BOJ's stock market distortions coming under new scrutiny
The Bank of Japan, sometimes dubbed the "Tokyo whale" because of its huge influence on the country's stock market, may be about to change its habits because it's taking up too much of the pool. That's the speculation after local press reported that the central ...
As market watchers wonder when easing will taper, Bank of Japan counters sell-off with record buying
It's been a bad year for the Japanese stock market. Without record purchases by the Bank of Japan, it could have been even worse. The central bank spent ¥833 billion ($7.8 billion) on exchange-traded funds tracking the country's shares last month, the biggest amount logged ...
After Daifuku's 1,200% stock surge, departing Japan chip CEO aims for more
Masaki Hojo, who built Daifuku Co. into the world's largest maker of machines for handling chip materials, is once again challenging market expectations even as he prepares to make his exit from the company. Daifuku is considering raising its earnings guidance for the medium term, ...
Nomura apologizes to investors burned in bet against VIX ‘fear index’
Nomura Holdings Inc. issued an apology after investors in a $300 million product betting on low volatility were all but wiped out during this week's stock market turmoil. The country's biggest brokerage said Wednesday that it has received inquiries from individual investors after its decision ...
Nomura hires bankers from Bank of America, UBS and Jefferies in U.S. expansion
Nomura Holdings Inc. has hired 15 investment bankers in the U.S. from firms including Credit Suisse Group AG, Bank of America Corp. and Jefferies Group LLC as the trading house builds out its North American business. The additions, which took place over the past year, ...
Bible of Japanese stocks gets hot, suggesting nation's brokerages will prosper
Things are looking up for Japan's biggest brokerages, if demand for a well-known stock handbook is any guide. Copies of Kaisha Shikiho, widely regarded as the bible of Japanese equities, are being snapped up by people eager to find out more about the nation's soaring ...
Morgan Stanley's Asia chief issues bearish 12-month view on emerging-market and Japan stocks
If you're counting on another great year for emerging-market stocks, you may be disappointed. That's what Morgan Stanley's chief Asia and emerging markets equity strategist Jonathan Garner suggested in a Jan. 15 report, arguing that early performance trends aren't reliable full-year predictors for developing markets. For ...
