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United Kingdom

Takashi Umekawa

Mitsui Fudosan to pay $1.2 billion in white-knight bid for Tokyo Dome

27 Nov 2020

TOKYO Japanese property developer Mitsui Fudosan Co said on Friday it would pay $1.2 billion to buy ballpark operator Tokyo Dome Corp, a white-knight bid likely to help fend off prominent activist fund Oasis Management.

UPDATE 1-Japan's ANA plans share issue after board meeting as early as next week -sources

20 Nov 2020

TOKYO, Nov 21 Japan's ANA Holdings Inc plans to issue new shares following a board meeting as early as next week, two sources said, a move that would see it raise around $1.9 billion to bolster its balance sheet.

Japan's top two banks take profit hits as bad debt costs rise

13 Nov 2020

TOKYO Japan's two biggest banks on Friday both reported first-half profits that tumbled by more than a third on a surge in costs from bad debts, highlighting the impact of the COVID-19 pandemic on the world's third-largest economy.

UPDATE 3-Japan's Resona to take full control of regional lender Kansai Mirai

10 Nov 2020

TOKYO, Nov 10 Japanese bank Resona Holdings Inc said on Tuesday it would pay up to 66.1 billion yen ($630 million) to take full control of Kansai Mirai Financial Group, giving it economies of scale as it weathers the impact of the pandemic and a low interest rate environment.

Japan's Mizuho open to mezzanine financing as virus hits clients' capital positions, bank head says

09 Nov 2020

TOKYO, Nov 9 The banking arm of Mizuho Financial Group Inc is open to mezzanine financing such as subordinated debt and preferred stocks after the COVID-19 pandemic has eroded clients' capital positions, the bank's chief executive said in an interview.

Japan's Nomura says cost-cutting to boost profits after second-quarter drop

28 Oct 2020

TOKYO Nomura Holdings Inc , Japan's biggest brokerage and investment bank, on Wednesday posted a 51.2% drop in second-quarter net profit from last year, when a stake sale in its research-focused unit boosted income.

Japan's Nomura to start new grads in call centre as sales change: sources

05 Oct 2020

TOKYO The brokerage arm of Japan's Nomura Holdings Inc will send new-graduate employees to work at its call centre for their first year to expose them to dealing with customers over the phone, two people familiar with the matter said.

Japanese chipmaker Kioxia shelves $3.2 billion IPO amid U.S.-China tensions

28 Sep 2020

TOKYO Kioxia Holdings Corp , the world's second-largest maker of flash memory chips, on Monday shelved plans for what would have been Japan's largest initial public offering (IPO) this year, as U.S-China tensions cloud the global chip market.

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