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November 22, 2024
 

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ACQUISITIONS

Japan Times
BUSINESS / Companies
Dec 20, 2019
Toshiba digs in heels after Hoya's unsolicited bid for technology unit
Just days after Hoya Corp. made a hostile takeover bid for one of Toshiba Corp.'s publicly traded units — an extremely rare move in Japan — the industrial giant is responding with equally unusual bluntness.
Japan Times
BUSINESS / Companies
Dec 19, 2019
Hitachi to sell chemical unit and diagnosis imaging equipment business
Machinery giant Hitachi Ltd. said Wednesday that it will sell its subsidiary Hitachi Chemical Co. to Showa Denko K.K. and its diagnosis imaging equipment business to Fujifilm Holdings Corp. for a total of about ¥700 billion.
BUSINESS / Companies
Dec 18, 2019
Fujifilm to acquire Hitachi's diagnostic imaging equipment business
Fujifilm Holdings Corp. announced Wednesday it will acquire Hitachi Ltd.'s diagnostic imaging equipment business for about ¥170 billion.
Japan Times
BUSINESS
Dec 16, 2019
Shareholder activism rises in Japan as firms go hostile and investors speak out
Record shareholder activism is combining with rare hostile takeover bids in Japan, in a trend that's seen as good news for investors in the country's ¥675 trillion stock market.
Japan Times
BUSINESS / Companies
Dec 13, 2019
Japan's Hoya to launch $1.4 billion counterbid for Toshiba unit NuFlare
Hoya Corp. said Friday it would make a $1.4 billion counterbid for NuFlare Technology Inc. in what could become a hostile offer for the Toshiba Corp. unit the electronics conglomerate plans to buy out.
Japan Times
BUSINESS / Companies
Dec 12, 2019
Blow for AB InBev's $11 billion asset sale to Asahi as Australian regulators raise concerns
Australia's competition regulator has raised concerns over an $11 billion deal by Anheuser-Busch InBev to sell its local operations to Japan's Asahi Group Holdings Ltd., dealing a blow to the world's largest brewer's efforts to cut debt.
Japan Times
BUSINESS / Companies
Dec 10, 2019
Idemitsu to unify gas station branding with Showa Shell to take on JXTG
Idemitsu Kosan Co. aims to unify its gas station branding with that of Showa Shell Sekiyu K.K. after the business integration of the two major oil wholesalers in April, according to Idemitsu Kosan President Shunichi Kito.
Japan Times
BUSINESS / Companies
Nov 26, 2019
Asahi Kasei to acquire U.S. drugmaker
Major chemical maker Asahi Kasei Corp. has said it will purchase Veloxis Pharmaceuticals Inc. of the U.S. by February.
Japan Times
BUSINESS / Companies
Nov 20, 2019
Kirin unit buys fourth-largest U.S. independent brewery, New Belgium Brewing
New Belgium Brewing, one of the largest craft beer companies in the U.S., has agreed to be acquired by a unit of Kirin Holdings Co., the latest independent brewer to be snapped up in an increasingly competitive market.
Japan Times
BUSINESS / Companies
Nov 7, 2019
HP confirms Xerox takeover bid as companies struggle with shrinking markets
HP Inc. has confirmed that Xerox Holdings Corp. made a takeover offer — a potential deal between two iconic names that would reshape the printing industry.
Japan Times
BUSINESS / Companies
Nov 5, 2019
Fujifilm to make Fuji Xerox a wholly owned unit
Fujifilm said it will acquire an additional 25 percent in the joint venture from Xerox Co. for $2.3 billion (u00a5253 billion), making it a wholly owned subsidiary.
Japan Times
BUSINESS / Companies
Oct 11, 2019
Takeda nears deal on sale of Russia, Mideast and Africa assets to private equity firms
Takeda Pharmaceutical Co. is nearing the sale of a portfolio of assets in the Middle East, Africa and Russia to separate buyout firms that could help the drugmaker raise about $1 billion to reduce debt, according to people familiar with the matter.
BUSINESS
Aug 29, 2019
Japan considers tighter rules for reporting corporate ownership stakes as China concerns grow
Japan is considering lowering the 10 percent 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 Times
BUSINESS / Companies
Aug 16, 2019
SoftBank's Fortress emerges as white knight for hotel chain Unizo with $1.3 billion bid
Hotel chain Unizo Holdings said Friday it has received a friendly buyout offer worth up to $1.3 billion from a SoftBank Group investment firm, in a deal that will help it fend off a rare hostile takeover bid from travel agency H.I.S. Co.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.

Podcast

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

Longform

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

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