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August 15, 2024
 

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BROKERAGES

SMBC Nikko Securities has set up an alumni organization for former employees to interact and share their experiences.
BUSINESS / Companies / FOCUS
Mar 4, 2024
As more move midcareer, Japan firms tap former hires with alumni networks
As well as seeking business opportunities, companies also recognize the value of rehiring individuals with expertise and skills gained elsewhere.
An advertisement for the new Nippon Individual Savings Account in Tokyo in January
BUSINESS / Companies
Feb 9, 2024
Revamp of tax-free investments in Japan spurs jump in accounts
The creation of the new savings accounts is one of a slew of measures to lure more buyers to the Japanese market.
Nomura Holdings plans a buyback of up to ¥100 billion.
BUSINESS / Companies
Feb 1, 2024
Nomura’s trading overhaul advances as CEO plans buyback
Nomura Holdings plans a buyback of up to ¥100 billion.
The Financial Services Agency ordered SBI Securities to halt part of its business related to initial public offerings through Jan. 18 as a penalty for having manipulated clients' post-IPO share prices.
BUSINESS / Companies
Jan 13, 2024
Japan’s biggest online brokerage SBI punished for market rigging
The Financial Services Agency on Friday instructed the nation’s biggest online broker SBI Securities not to solicit trade orders from clients for shares on the day they list.
Mitsubishi UFJ Morgan Stanley Securities sold Additional Tier 1 notes from Credit Suisse more aggressively than any other firm in Japan, with its sales making up about two-thirds of the notes taken up, which totaled ¥140 billion in value.
BUSINESS / Companies
Dec 26, 2023
MUFJ securities unit sued again over Credit Suisse AT1 bond losses
Mitsubishi UFJ Morgan Stanley Securities sold more than two-thirds of the Additional Tier 1 notes taken up in Japan.
Morgan Stanley MUFG Securities hopes to record its highest-ever income from Japan in the current fiscal year, and work together with Mitsubishi UFJ Morgan Stanley Securities to overtake Nomura Holdings as the top broker in the country.
BUSINESS / Companies
Dec 25, 2023
Morgan Stanley expects record Japan revenue as BOJ fuels trading
Shift in the nation's monetary policy could spur more client activity, says the CEO of Morgan Stanley MUFG Securities.
Nomura Holdings CEO Kentaro Okuda in Tokyo in May
BUSINESS / Companies
Nov 29, 2023
Nomura eyes extra $100 million wholesale banking cost cuts
CEO Kentaro Okuda said that ensuring the recovery of Nomura's macro products business, where it has a high market share, is an important issues.
Mizuho Financial Group is seeking to establish a securities company in China.
BUSINESS / Companies
Nov 23, 2023
Japan's Mizuho applies to set up securities company in China
The application comes as the bank is hoping to tap China's lucrative capital markets fee pool, the largest after the United States and Europe.
Rakuten Securities President Yuji Kusunoki
BUSINESS / Companies
Nov 17, 2023
Rakuten Securities sees payoff from free trading plan after a year
The firm plans to make up for the decrease in domestic stock trading commission fee revenues by expanding its financial services such as margin trading.
Mizuho Financial Group will raise its stake in Rakuten Securities to nearly 50%.
BUSINESS / Companies
Nov 9, 2023
Mizuho said to raise Rakuten Securities stake to almost 50%
The banking group plans to increase its investment in Rakuten’s online securities arm, which isn’t proceeding with an initial public offering for now.
Nomura's majority-owned joint venture in China has struggled to grow since its launch in 2019.
BUSINESS / Companies
Oct 26, 2023
Nomura reviews business plan for mainland China as losses rise
The move comes as a further blow to the top Japanese investment bank's global expansion strategy.
Nomura Holdings has hired five traders to beef up its emerging markets trading desk.
BUSINESS / Companies
Oct 10, 2023
Nomura hires traders from rivals for Middle East credit push
The appointments are part of Nomura’s efforts to revive its emerging-market flow-credit desk.
NTT Docomo President Motoyuki Ii (left) and Monex Group Chairman Oki Matsumoto hold a news conference in Tokyo on Wednesday.
BUSINESS / Companies
Oct 5, 2023
NTT Docomo to make online brokerage Monex a subsidiary
With the move, the firm aims to strengthen its revenue base by entering in the field of asset formation services.
With the aim of bolstering its customer base, SBI Holdings introduced a commission-free service starting Saturday amid growing interest in investing thanks to government efforts to persuade people to shift household assets from cash and savings to investments.
BUSINESS / Markets
Oct 2, 2023
Zero-commission services intensify brokerage competition in Japan
SBI Holding's decision to scrap commission fees for domestic stock trading threatens to undercut the brokerage industry's profitability.
Charles Wang Zhonghe, a senior banker at Nomura Holdings, has reportedly been barred from leaving China in a move connected to a long-running investigation of a top dealmaker in the country.
BUSINESS
Sep 25, 2023
Senior Nomura banker barred from leaving China, report says
The exit ban on the chair of investment banking for China at the bank's Hong Kong arm is linked to an investigation of a top dealmaker in the country.
Many of the wealthy in Japan are becoming more keen to park their cash in private assets like equity, credit and real estate that aren't traded in public markets.
BUSINESS
Sep 20, 2023
Brokers tap demand for private assets among Japan's wealthy
Private assets are booming globally after decades-high inflation and rapid interest-rate hikes weighed on both shares and bonds.
Investors in Japan have filed a lawsuit against Mitsubishi UFJ Financial Group’s joint venture brokerage with Morgan Stanley, seeking to recover losses from Credit Suisse's riskiest debt.
BUSINESS / Markets
Sep 1, 2023
MUFG joint-venture brokerage sued over Credit Suisse AT1 sales
Investors are demanding ¥5.2 billion ($36 million) in compensation from Mitsubishi UFJ Morgan Stanley Securities.
Yuko Seimei was promoted to president of Monex Group in June, after serving as president of affiliate Monex.
BUSINESS / Companies
Aug 24, 2023
More brokerages name female leadership amid pressure for change
The government wants women to account for at least 30% of board members at firms listed on the Tokyo Stock Exchange's top-tier Prime section by 2030.
Nomura Securities International has agreed to pay $35 million over securities trading fraud which took place from 2009 to 2013 and primarily from the company’s trading floor in New York.
BUSINESS
Aug 23, 2023
Nomura fined $35 million in U.S. over mortgage-backed securities
Nomura Securities International will also pay almost $808,000 in restitution to victims of the scheme.
Imma, a virtual influencer, is the face of Nomura’s new campaign for tax-free investment accounts.
BUSINESS
Aug 4, 2023
Nomura hires virtual influencer to coax Japan’s young investors
Boosting individual investments is particularly crucial as the country's baby-boomer generation passes on their assets to a younger generation.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

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

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

SUSTAINABLE JAPAN

mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality
mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality

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