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JAPAN
Jul 28, 2000

MITI to establish center for gene studies

The Ministry of International Trade and Industry has launched a consortium to study the application of the decoded genetic makeup of humans to medical treatment.
BUSINESS
Jun 22, 2000

Shinsei to ask DIC to buy Sogo loans

Shinsei Bank, formerly the Long-Term Credit Bank of Japan, has unofficially asked the state-run Deposit Insurance Corp. to buy 200 billion yen in outstanding loans made to major department store operator Sogo Co., bank sources said Wednesday.
JAPAN
Nov 16, 1999

Fourth party makes bid for NCB

A fourth candidate has officially submitted a bid to buy the failed Nippon Credit Bank, the chairman of the Financial Reconstruction Commission said Tuesday.
JAPAN
Sep 29, 1999

Miyazawa defends use of public funds in LTCB sale

Finance Minister Kiichi Miyazawa on Wednesday defended the planned use of additional public funds to sell Long-Term Credit Bank of Japan to a consortium led by Ripplewood Holdings L.L.C. of the United States, calling the burden nothing new.
JAPAN
Jan 13, 1999

Universal theme park faces developer pullout

With the recent pullout of a group of investors from plans to develop the area around Universal Studios Japan, there are growing concerns among potential investors that Osaka's hopes for a USJ-led economic revival face a serious setback.
JAPAN
Jun 24, 1998

Tokyo Bay waterfront resumes development

For the first time in more than seven years, major businesses will conclude long-term land leases to construct new buildings in the controversial Tokyo Bay waterfront development area, the Tokyo Metropolitan Government said Wednesday.
Japan Times
BUSINESS / Companies
Feb 28, 2023

Toshiba buyout proposal faces increasing uncertainty

It is unclear whether activist shareholders, including foreign investment funds, will agree to a ¥2 trillion buyout proposed by a consortium led by investment fund Japan Industrial Partners.
Japan Times
JAPAN
Dec 22, 2022

A controversy forces Tokyo to define 'public park'

A plan to redevelop the capital's Meiji Jingu Gaien park and its sporting venues has drawn ire from people who want the area's trees to be spared.
Japan Times
BUSINESS / Companies
Dec 16, 2022

Japanese banks agree to back Toshiba’s preferred bidder, sources say

The four major banks are finalizing the details and could issue commitment letters as soon as the end of this month, the sources said.
Japan Times
BUSINESS
Dec 10, 2022

Toshiba's preferred bidder moving closer to securing financing for buyout

Concrete restructuring steps proposed by Japan Industrial Partners have made a group of lenders more confident in JIP's post-acquisition plans.
Japan Times
JAPAN / Crime & Legal / EXPLAINER
Dec 2, 2022

The Tokyo Games bribery and bid-rigging scandals: What you need to know

Allegations of bid-rigging by leading advertising firms for Games test events have recently surfaced, adding to a scandal over suspected bribes paid for sponsorship contracts.
Japan Times
BUSINESS / Companies
Nov 26, 2022

JIP to launch Toshiba tender offer by end of March

JIP, which holds preferential negotiating rights for the firm, plans to procure more than u00a52.2 trillion by securing investments from over 10 companies and bank loans.
Japan Times
BUSINESS
Nov 16, 2022

Japan to resume offshore wind auctions in December with revised rules

An auction in northern Japan was abruptly suspended in March after complaints from businesses about the lack of clarity around the bidding process.
Japan Times
BUSINESS / Companies
Nov 11, 2022

Bain goes on Japan buying spree with $40 billion in investments

The U.S. firm is on a buying spree, sealing a multi-billion dollar deal last month to acquire Hitachi's metals unit, while it is involved in a bidding war for Toshiba.
Japan Times
BUSINESS / Companies
Nov 7, 2022

Fate of Toshiba management causing friction for banks in buyout plan

There is concern preferred bidder JIP's plan to retain Toshiba CEO Taro Shimada and his team could impede the reorganization needed to put the firm on the road to recovery.
Japan Times
BUSINESS / Companies
Oct 24, 2022

Toshiba valued at ¥2.4 trillion by JIP in takeover bid, sources say

A bid at u00a52.4 trillion would be worth about u00a55,541 per share, similar to Toshiba's closing price of u00a55,391 per share on Monday in Tokyo.
Japan Times
BUSINESS / Companies
Oct 18, 2022

Japan will continue talks with stakeholders to decide on Sakhalin-1 project

The industry ministry owns 50% of Sakhalin Oil and Gas Development Co., a consortium of Japanese partners including private firms, that holds a 30% stake in Sakhalin-1.
Japan Times
BUSINESS / Companies
Sep 16, 2022

Bain Capital gains Chinese watchdog's nod on Hitachi Metals deal

Hitachi Metals announced last year that a consortium led by global private equity firm Bain Capital would buy all the shares of the Hitachi subsidiary for u00a5817 billion ($5.7 billion).
Japan Times
BUSINESS
Jun 22, 2022

Private equity giants derided as vultures eye breakthrough in Japan

A successful deal for Toshiba, which may be private equity's largest ever in the country, would signal the once-criticized investors have become more accepted in Japan.
Japan Times
WORLD / Science & Health
Jun 14, 2022

In hottest city on Earth, mothers bear brunt of climate change

Pregnant women exposed to heat for prolonged periods of time have a higher risk of suffering complications, an analysis of 70 studies conducted since the mid-1990s on the issue found.
Japan Times
JAPAN / Regional Voices: Fukushima
Jun 13, 2022

Breathalyzers in short supply in Japan amid stricter rules for work drivers

Although alcohol checks can be done visually for the time being, companies that use a certain number of noncommercial vehicles will be required to use breathalyzers starting in October.
Japan Times
BUSINESS
May 30, 2022

‘Escalation of secrecy’: Global brands seek clarity on Xinjiang

Companies that sourced cotton from the region in China are weighing evidence of forced labor, a lack of visibility into operations and new regulation.
Japan Times
SOCCER
Nov 25, 2021

English soccer risks financial chaos without more even sharing

A report published late Wednesday found that despite the wealth in the Premier League, teams across the English game have fallen into administration 62 times since 1992.
Japan Times
COMMENTARY / Japan / Perspectives
Nov 8, 2021

What Japan needs to change to better prepare for the next pandemic

COVID-19 won't be the last deadly contagion to strike Japan. Here are six things the government can do right now to ensure it can respond better when the next crisis strikes.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?