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July 17, 2024
 

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HOLDINGS

Japan Times
BUSINESS / Markets / CURRENCY MARKET
Jun 30, 2016
Nomura joins yen bulls, raises forecast 17% on Brexit
Longtime yen bear Nomura Holdings Inc. has finally bowed to the market forces that drove the currency to ¥99 per dollar for the first time since 2011.
EDITORIALS
Jun 26, 2016
Corporate governance report card
Companies are making good progress in complying with the Tokyo Stock Exchange's corporate governance principles, but the proof will be in the pudding.
BUSINESS / Companies
Jun 3, 2016
7-Eleven to buy stores and gas stations in U.S. expansion
Seven & I Holdings Co., the world's largest convenience store operator, will buy 79 gas stations and convenience stores in California and Wyoming from CST Brands Inc. as it seeks to offset slowing demand at home. The purchase price was not disclosed.
Japan Times
BUSINESS / Companies
May 26, 2016
Seven & I shareholders approve Ryuichi Isaka as chief to lead growth
Seven & I Holdings Co. will focus on revamping the world's largest convenience store operator and boost value for shareholders, new President Ryuichi Isaka said after shareholders Thursday approved his appointment following weeks of boardroom drama.
BUSINESS / Companies
May 25, 2016
Nomura cuts executive pay to three-year low as Daiwa backs 9.2% increase
Nomura Holdings Inc. cut pay for its top executives by 18 percent to the lowest level in three years after profit at Japan's biggest brokerage slumped and losses abroad swelled.
Japan Times
BUSINESS / Companies
May 23, 2016
Asahi eyes U.S. beer expansion with ¥400 billion war chest
Asahi Group Holdings Ltd., the brewer that's buying European brands from Anheuser-Busch InBev NV worth $2.9 billion, is now pursuing deals in the U.S. that would help boost distribution of its Super Dry beer in the world's largest economy.
Japan Times
BUSINESS / Companies / FOCUS
Apr 20, 2016
Loeb's pick to run 7-Eleven operator faces next task: boosting margins
The head of 7-Eleven convenience stores in Japan survived an attempt by his boss to remove him and emerged as president at Seven & I Holdings Co. His next hurdles: turn around weaker units and navigate a leadership transition at the country's largest retailer.
BUSINESS / Companies
Apr 19, 2016
Seven & I promotes subsidiary head Isaka as president
Seven & I Holdings Co. said Tuesday it will promote Ryuichi Isaka, head of its convenience store chain subsidiary Seven-Eleven Japan Co., to the position of president following a recent power struggle.
Japan Times
BUSINESS / Companies
Apr 15, 2016
Japan's Seven& I Holdings to promote Isaka to president
Seven & I Holdings Co. is poised to promote Ryuichi Isaka, head of its Seven-Eleven Japan Co. convenience store unit, to president of the holding company after activist investor Daniel Loeb intervened in an attempt to oust him, a person familiar with the matter said.
BUSINESS / Companies
Apr 12, 2016
Nomura to shut down European equity business after years of losses, source says
Nomura Holdings Inc., the nation's largest brokerage, plans to shut down its European equity operations as it cuts costs after years of failing to become profitable overseas, a person with knowledge of the matter said.
Japan Times
BUSINESS / Companies
Apr 7, 2016
Seven & I CEO Suzuki to quit over failed personnel shake-up
Seven & I Holdings Co. Chairman and CEO Toshifumi Suzuki said Thursday he plans to step down after the firm's board rejected personnel changes he supported.
BUSINESS / Companies
Apr 6, 2016
Seven-Eleven Japan President Isaka to be replaced: sources
Retail giant Seven & I Holdings Co. is expected to replace the president of its convenience store arm Seven-Eleven Japan Co. despite good performance, informed sources said.
Japan Times
BUSINESS / Companies
Mar 28, 2016
Activist investor Loeb warns Seven & I on nepotism deciding CEO
Third Point LLC's billionaire founder Daniel Loeb has targeted Seven & I Holdings Co. for management succession planning criticism, warning the grocery and retail group against letting nepotism determine its next chief executive officer.
BUSINESS / Companies
Mar 15, 2016
Nomura to raise pay for 3,700 employees at Japan brokerage
Nomura Holdings Inc. will raise salaries for staff at its Japanese brokerage for a third year.
Japan Times
BUSINESS / Companies
Mar 12, 2016
Japan Post chief Nishimuro to quit; successor likely to come from banking unit
Japan Post Holdings Co. President Taizo Nishimuro is set to step down, with the head of the postal group's banking unit likely to succeed him.
Japan Times
BUSINESS
Feb 9, 2016
ANA to pare Komatsu flights due to 50% fall in passengers after shinkansen line debut
Japanese airline passengers are voting with their feet since the opening of a new bullet-train route. The number of passengers flying to Komatsu airport in Ishikawa Prefecture, the seventh-busiest route operated by ANA Holdings Inc., dropped as much as 50 percent after a new rail link opened last March...
BUSINESS / Companies
Dec 29, 2015
Asahi Group Holdings mulls buying U.S. maker of sparkling water to spur growth abroad
Asahi Group Holdings Ltd. is considering acquiring U.S. sparkling-water maker Talking Rain Beverage Co. for about ¥50 billion ($415 million) in a bid to tap into a larger market overseas, sources close to the matter said Tuesday.
BUSINESS / Companies
Dec 22, 2015
Japan's Recruit to acquire Dutch employment firm USG People
Recruit Holdings Co. agreed to buy USG People NV of the Netherlands for just over €1.4 billion ($1.5 billion) as Japan's biggest provider of temporary staff seeks to boost growth in Europe.
BUSINESS / Companies
Dec 18, 2015
Nonlife insurer Sompo Japan to acquire nursing home operator Message
Nonlife insurer Sompo Japan Nipponkoa Holdings Inc. plans to acquire nursing home operator Message Co., company officials said Friday, as part of efforts to diversify its sources of revenue in a market being squeezed by population decline.
Japan Times
BUSINESS / Companies
Dec 3, 2015
Japan's biggest oil refiners eye ¥100 billion savings in merger
JX Holdings Inc. and TonenGeneral Sekiyu K.K., Japan's two biggest oil refiners, officially announced Thursday they intend to merge in April 2017, creating a company with control of more than half the country's gasoline market.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
Kansai airports to increase takeoff and landing slots ahead of Osaka Expo
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

Podcast

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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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