TOKYO, April 18 Japanese toilet maker Lixil
Group's CEO is to resign next month, marking a rare
victory for activist minority shareholders who had demanded that
he step down.
SYDNEY/TOKYO Japan's Nippon Paint Holdings Co Ltd has proposed buying Australia's biggest paint maker DuluxGroup Ltd for A$3.8 billion ($2.7 billion), expanding its global footprint though entering Australia just as a housing boom there falters.
TOKYO Japanese lenders should not blame the Bank of Japan's ultra-loose monetary policy for their inability to boost trading revenue or for poor returns borne of lax risk management, the newly appointed head of the country's banking lobby said.
TOKYO, March 20 Four investment firms on
Wednesday called for the ouster of top management at Japanese
housing products maker LIXIL Group, citing concerns
about corporate governance and marking a particularly vocal
stand by minority shareholders.
TOKYO Japanese commercial land prices climbed at their fastest pace in 11 years in 2018, a government survey showed on Tuesday, led by strong demand for office space and a boom in tourism.
TOKYO Japan's Daiichi Sankyo Co is exploring the sale of its over-the-counter drugs (OTC) business and has hired JPMorgan to advise on the potential deal, several people with knowledge of the matter told Reuters.
* Bain-led consortium bought Toshiba Memory last year for
TOKYO U.S. private equity firm Bain Capital has picked Nomura and Mitsubishi UFJ Morgan Stanley to manage an initial public offering of Japan's Toshiba Memory, a deal that could happen as early as September, people familiar with the matter said.
TOKYO Sony Corp announced its first-ever major share buyback on Friday, worth 100 billion yen (£702.8 million), helping its stock recover from a hammering days earlier when investors freaked over lacklustre earnings. | Video