Tag - stocks

 
 

STOCKS

Warren Buffett's Berkshire Hathaway in June raised its stake in Japan's five major trading firms. All of them beat net-income estimates for the first quarter of the fiscal year.
BUSINESS / Companies
Aug 4, 2023
Buffett’s favored Japan trading firms post solid earnings
The five major trading firms all beat net-income estimates for the first quarter of the fiscal year in reports issued this week.
Hitachi CEO Keiji Kojima. The company’s metamorphosis belies the argument that the bastions of Japan Inc. are set forever in their ways.
BUSINESS / Companies
Aug 4, 2023
Hitachi reinvents itself in sign of hope for Japan
The old-school conglomerate revamped its governance, shrank its empire to focus on growth and evolved into a more global enterprise.
The government may sell stakes in some major firms, including NTT, to fund its growing defense spending.
BUSINESS
Aug 3, 2023
Raising the stakes: Japan may sell shares to fund defense spending
Selling government stakes in some of Japan's biggest firms won't be straightforward, given the need for consensus and changes to laws.
BUSINESS
Aug 2, 2023
Japan shares post biggest one-day drop this year
Then benchmark 225-issue Nikkei average closed down 2.30% at 32,707.69 — its sharpest one-day drop since Dec. 20.
Nomura Holdings Chief Executive Officer Kentaro Okuda
BUSINESS
Aug 2, 2023
Nomura shares tumble most in two years after profit miss
The stock dropped as much as 8.5% on Wednesday morning, the biggest daily decline since March 2021.
Wall Street in New York. While survey participants are likely riding the AI-fueled market melt-up thanks to their broad equity exposure, they aren’t going all-in on the technology just yet.
BUSINESS / Tech
Jul 31, 2023
Investors are happy to pay premium for tech, but not for AI
Even as AI floods the workplace, many still doubt that it will dramatically affect their job within the next three years.
The Tokyo Stock Exchange is urging listed firms to place greater focus on stock prices and capital efficiency.
BUSINESS / Markets / FOCUS
Jul 24, 2023
Tokyo Stock Exchange urges more focus on stock prices and capital efficiency
Management teams of listed companies face the challenge of raising their awareness about the importance of how best to use funds raised from shareholders and banks.
Japan Times
BUSINESS
Jul 19, 2023
Japan's retailers see earnings windfall as consumers tolerate inflation
Profits and rising share prices in the sector, undiminished by customer hesitancy, are adding to speculation the Bank of Japan may upgrade its inflation forecast next week.
Japan Times
BUSINESS / Companies
Jul 19, 2023
Disney pins hopes for stock recovery on more Iger
The second coming of Disney’s Bob Iger has been extended given the challenges he faces — particularly when it comes to restoring the stock market magic of his first tenure.
Japan Times
BUSINESS
Jul 13, 2023
Financial world failing to account for likely cost of record-breaking heat
The world just had the hottest week on record, which followed the hottest June on record, but many companies and investors have not considered the risk this poses to their physical assets.
Japan Times
BUSINESS / Markets
Jul 11, 2023
Japanese companies drive stock split boom, outperforming the market
More than 80 firms have announced stock splits so far in 2023 — almost double the pace of a year earlier and the most for the period in five years.
Japan Times
BUSINESS
Jul 7, 2023
Japan pension fund GPIF posts ¥10.3 trillion quarterly return on global equities rally
GPIF gained 5.41% for the quarter, raising its total assets to above ¥200 trillion, it said in its annual report for fiscal 2022, which ended in March.
Japan Times
BUSINESS / Companies
Jul 7, 2023
Rakuten’s ¥1.8 trillion debt fuels concern despite funding
The e-commerce giant has racked up four years of losses as its mobile-phone business drains cash.
Japan Times
COMMENTARY / World
Jul 6, 2023
The governance threat to global economic prosperity
The past few years have been characterized by growing political instability, which increases the risk of abrupt policy reversals that could dampen investment and undermine global economic growth.
Japan Times
BUSINESS / Markets
Jul 6, 2023
Japan IPOs top Asia for gains as global investment continues
The nation's top performance comes as it boasts a stock market that has soared to levels unseen in more than three decades.
Japan Times
BUSINESS
Jul 5, 2023
Fund that beat 99% of peers by betting on China shares is shifting to booming Japan
Midas International Asset Management is betting on Japanese technology firms and companies bolstered by the economy’s reopening.
BUSINESS
Jul 4, 2023
Rakuten applies to list brokerage arm as debt concerns mount
Billionaire Hiroshi Mikitani’s online retailer has seen its shares tumble to a 14-year low.
Japan Times
BUSINESS / Economy
Jul 4, 2023
Top-ranked fund trims Japan chip stocks for makers of soap and noodles
The Alma Eikoh Japan Large Cap Equity fund has cut its position in Renesas Electronics by almost a third over the past month as the stock more than doubled in value to date.
Japan Times
BUSINESS
Jul 1, 2023
Apple hits historic $3 trillion milestone
The iPhone-maker gained 2.3% on Friday, adding to a rally that’s added more than $983 billion to its size this year.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.