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December 25, 2024
 

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Komaki Ito
BUSINESS
Jul 5, 2023
Taiwan’s PSMC to team up with SBI to build foundry in Japan
SBI will help raise funds for the venture, which plans to begin with 40-nanometer and 55nm automotive and industrial chips and produce more advanced 28nm chips in the medium to long term.
Japan Times
BUSINESS / Companies
Jun 5, 2023
Daiwa gives workers OK to 'freely use' ChatGPT as part of tech drive
The company has been strengthening the recruitment of science graduates to develop high-tech experts in house.
Japan Times
BUSINESS / Companies
May 15, 2023
Japan's top banks expect solid profits, MUFG sees record year
Sumitomo Mitsui Financial Group and Mizuho Financial Group, Japan's second- and third-largest lenders by assets, also expect their highest net profits since the mid 2010s.
Japan Times
BUSINESS / Economy
Apr 25, 2023
Bankers chase startups in Japan as funding dries up elsewhere
Lenders including Sumitomo Mitsui Banking and Mizuho Bank are planning to increase the staff they allocate to startup businesses.
BUSINESS
Apr 19, 2023
Japanese banks face ‘gender washing’ spotlight on its managers
The issue has broader implications for other industries in Japan, which has long lagged behind global counterparts for workplace diversity.
Japan Times
BUSINESS / Economy
Apr 11, 2023
Regulator urges local banks to improve asset portfolio management
The FSA has been warning of risks posed by rising interest rates to regional lenders’ bond holdings long before the collapse of Silicon Valley Bank last month.
Japan Times
BUSINESS / Companies
Apr 3, 2023
Sumitomo Mitsui wants Wall Street bankers for U.S. expansion
The newly appointed head of the firm’s core banking unit says the downturn in the global economy will help it attract talent as it seeks to boost areas like sales and trading.
Japan Times
BUSINESS / Economy
Jan 26, 2023
MUFG markets chief says BOJ may ditch ultraeasy policy by September
Such a move would depend on stable price increases and wage growth, as well as the health of the U.S. and European economies, Hiroyuki Seki said.
Japan Times
BUSINESS / Companies
Dec 23, 2022
MUFG weighs more share buybacks to boost returns as cash grows
The plan underscores the challenges facing Japan's biggest banks as they weigh how to invest billions of dollars in profits amid ultralow interest rates and tepid loan demand at home.
Japan Times
BUSINESS / Markets
Dec 13, 2022
Japan's financial watchdog examines bond slump risk if BOJ shifts policy
At stake is around u00a5151.5 trillion ($1.1 trillion) in debt held by mega-banks and regional lenders.
Japan Times
BUSINESS / Companies
Nov 15, 2022
Japan’s megabanks plan $2.5 billion buybacks
Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group both said they will buy back shares while Mizuho Financial Group upped a dividend forecast.
Japan Times
BUSINESS / Companies
Oct 24, 2022
Japan’s banks break with Wall Street by embracing hybrid work
The nation's three largest lenders said they are allowing more flexibility, eschewing a minimum number of office days per week, as experienced elsewhere.
Japan Times
BUSINESS
Sep 14, 2022
Wall Street push by Japan banks under scrutiny as rates rise
Faced with ultralow interest rates and tepid loan demand at home, banks in Japan have been ramping up corporate lending and bond underwriting overseas.
Japan Times
BUSINESS / Companies
Jul 25, 2022
Japan’s biggest lender seeks bankers for the rich in wealth push
Mitsubishi UFJ Financial Group plans to expand a team of bankers serving rich clients as the lender seeks to draw more of its bank customers to higher-value services.
Japan Times
BUSINESS / Companies
Jun 8, 2022
Mizuho playing catch-up on transaction banking and plans more hires
The firm is seeking to grow its head count to add to the roughly 160 transaction bankers it already has in Asia, CEO Masahiko Kato said, without specifying a number.
Japan Times
BUSINESS
Apr 7, 2022
Amid deepening yen weakness, a mixed blessing sours for Japan
What had long been considered a boon for Japan's economy is increasingly in question as the yen's recent plunge aggravates the impact of surging commodity prices.
Japan Times
BUSINESS / Economy / FOCUS
Mar 8, 2022
Pay gap for working women keeps wages down for everyone in Japan
Japan's gender pay gap is the highest among the Group of Seven nations.
Japan Times
BUSINESS
Jan 27, 2022
Japan’s ¥10 trillion innovation fund ramps up alternative focus
Set to start by the end of March, the new fund will seek annual returns of 4.38% in order to pay out u00a5300 billion each year for high-level research across Japan.
Japan Times
BUSINESS / Economy
Jan 13, 2022
Japan needs a major carbon tax hike, former vice minister says
Rintaro Tamaki, a former Finance Ministry official, says a 'price signal' would help the government change people's mindset on green issues.
Japan Times
BUSINESS / Companies
Dec 22, 2021
Fintech startup Finatext has worst Tokyo debut in two decades
The firm is expecting a net loss of u00a51 billion this fiscal year, but co-founder Ryota Hayashi says he's in no rush to generate profit, though added it could do so quickly if required.
Is Japan ready for 60 million tourists?
Visitors to Kyoto walk along a street near Kiyomizu Temple in April. A popular tourist spot, Kyoto has seen what locals feel to be an overwhelming amount of tourists in 2024.
Honda-Nissan megamerger in the works
Nissan CEO Makoto Uchida (left), Honda CEO Toshihiro Mibe (second from left) and Takao Kato, CEO of Mitsubishi Motors, hold a news conference on merger talks on Monday in Tokyo.
Picturesque Japan hot spring town limits day trippers
Ginzan Onsen hot springs in Obanazawa, Yamagata Prefecture
Bankruptcies and suicides rise as Japanese struggle with mounting debt
Lawyers estimate that personal bankruptcies in Japan are on track to reach the highest since 2012 this year.
North Korean hacker group behind DMM Bitcoin’s cryptocurrency leak
A North Korean hacker group is believed to have planted a virus on the computer of an employee at Ginco — a company that was entrusted with the deposit and withdrawal of DMM Bitcoin’s virtual currency — through a fake job recruitment message sent via LinkedIn.
High levels of PFAS found in water from 44 private suppliers across Japan
The Self-Defense Forces facilities are believed to have become sources of PFAS contamination because they used firefighting foam containing the toxic chemicals in the past.
For baseball fans, 2024 brought The Summer of Shohei Ohtani
Dodgers designated hitter Shohei Ohtani reacts to a standing ovation from fans after hitting his 50th home run of the season, against the Marlins in Miami on Sept. 19.
Trump's Pentagon policy pick pushed for Japan to spend 3% of GDP on defense
Elbridge Colby (center) speaks at the Threat and the Strategy panel during the Air Force Association Air, Space and Cyber Conference in National Harbor, Maryland, in September 2019.
A brief history of ‘osechi ryōri,' Japan's edible tradition for the new year
Japan's traditional New Year cuisine has a long history, though modern developments have led to slight changes in the way things work.
Japan accuses Google of violating antimonopoly law
The Japanese antitrust watchdog said that Google forced smartphone makers to preinstall its search app on their devices, sources say.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Visitors to Kyoto walk along a street near Kiyomizu Temple in April. A popular tourist spot, Kyoto has seen what locals feel to be an overwhelming amount of tourists in 2024.
Is Japan ready for 60 million tourists?
By Kathryn Wortley

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