A Nissan dealership and a Honda dealership in Tokyo. As the two firms negotiation a potential merger, Nomura Holdings is advising Honda, while Nissan has retained Mizuho Financial Group and Bank of America.
BUSINESS / Companies
Dec 28, 2024
Honda-Nissan deal sets up next fight for bankers in Japan M&A boom
At roughly $200 billion, the volume of transactions including mergers and acquisitions in the country is up 48% this year.
Makino Milling Machine's headquarters in Tokyo on Friday.
BUSINESS / Companies
Dec 27, 2024
Japan's Nidec takes aim at Makino Milling with $1.6 billion unsolicited bid
Nidec said Makino's board had not agreed to the ¥11,000 per share offer, a 42% premium to Thursday's closing share price, as it had not proposed the bid before announcing it.
Some of the slush funds pooled by Kawasaki Heavy Industries were used to wine and dine Maritime Self-Defense Force personnel, the Defense Ministry said.
BUSINESS / Companies
Dec 27, 2024
Kawasaki Heavy found to have pooled ¥1.7 billion in slush funds
Some of the funds were used by the defense contractor to wine and dine Maritime Self-Defense Force personnel, the Defense Ministry said.
Osamu Suzuki, a former president of Suzuki Motor, in October 2016
BUSINESS / Companies
Dec 27, 2024
Osamu Suzuki, who ran Suzuki Motor for five decades, dies at 94
Suzuki is known for spearheading the carmaker’s entrance in the Indian market, starting manufacturing there in 1983.
Storage tanks at the BP Cherry Point Refinery near Blaine, Washington
BUSINESS / Companies
Dec 27, 2024
Big Oil backtracks on renewables push as climate agenda falters
The likes of BP and Shell this year sharply slowed their plans to spend billions on wind and solar power projects.
Nippon Steel's headquarters in Tokyo. The Japanese steelmaker said Thursday it has extended the closing period for its $15 billion purchase of U.S. Steel to the first quarter of 2025.
BUSINESS / Companies
Dec 26, 2024
Nippon Steel extends closing date for U.S. Steel acquisition
The estimated closing date has been revised to the first quarter of 2025.
Kobayashi Pharmaceutical's Osaka factory
BUSINESS / Companies
Dec 26, 2024
Hong Kong fund increases its stake in Kobayashi Pharmaceutical
Oasis Management said its stake in Kobayashi Pharmaceutical climbed to 10.1% from 7.5%.

Longform

Members of the Wajima City Morning Market Association pose for a group photograph on the site where the market once stood.
In the wake of disaster, the revival of Wajima's market brings hope