United Kingdom

Takashi Umekawa

Japan Post Bank admits improper sales to elderly clients, discovers 19,500 cases

13 Sep 2019

TOKYO Japan Post Bank Co Ltd said on Friday it had improperly sold investment trust products to elderly customers in about 19,500 cases, the latest instance of misconduct at the state-backed postal and financial group before a planned share sale.

Japan's MUFG looks online to boost Africa, Middle East networks

12 Sep 2019

TOKYO MUFG Bank Ltd plans to roll out an online platform to help clients find business partners in countries outside of Asia where it does not have a strong network, an official with Japan's largest lender said.

Japan pension funds boost alternative assets in yield hunt, Mizuho says

02 Sep 2019

TOKYO, Sept 3 Japanese pension funds are showing a growing appetite for investing in real estate and corporate debt as they seek higher returns in alternative assets amid ultra-low yields, the head of Mizuho Financial Group's trust banking arm said.

Exclusive: Japan considers tighter ownership reporting rules to better monitor China, officials say

29 Aug 2019

TOKYO Japan is considering lowering the 10% ownership threshold at which foreigners are required to report stakes in domestic companies, two officials said, as Tokyo looks to better monitor Chinese investment in areas related to security.

Japan's MUFG weathers near-zero rates with 24% profit jump in first quarter

31 Jul 2019

TOKYO Japan's Mitsubishi UFJ Financial Group on Wednesday posted a 24% jump in first-quarter profit, as the sale of foreign bonds and other one-off gains helped it ride out weakness in its core banking business.

UPDATE 1-Japan's Mizuho Q1 profit up 0.8% on overseas lending strength

31 Jul 2019

* Mizuho booked $6.3 bln impairment loss in previous year (Adds details of earnings, context)

Nomura's first-quarter profit soars more than 10 times after horror year

31 Jul 2019

TOKYO Nomura Holdings on Wednesday said its first-quarter profit soared more than tenfold after restructuring its portfolio, as Japan's top investment bank sought to draw a line under its worst year in a decade.

UPDATE 1-Japan's largest lender MUFG posts 24% rise in Q1 net profit

31 Jul 2019

* Avoided write-down on Indonesian Bank Danamon (Adds further earnings details, context)

UPDATE 1-Japan's SMFG says first-quarter net profit fell 5% as retail business struggles

30 Jul 2019

* First-quarter net profit Y216 bln vs Y227 bln a year earlier

As steep patent cliff looms, Shionogi moves to develop its own U.S. sales staff

17 Jul 2019

TOKYO For much of its 141-year history, Japan's Shionogi & Co Ltd has played safe when selling its drugs in the United States and other overseas markets - relying on bigger partners to promote its products and avoiding the cost of maintaining a large sales force.

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