Tag - investment

 
 

INVESTMENT

Elliott Investment Management's stake in Tokyo Gas is centered around getting the utility to sell off its real estate holdings, including Shinjuku Park Tower, which houses the Park Hyatt Hotel Tokyo.
BUSINESS / Companies
Nov 28, 2024
Real estate worth ¥25 trillion puts Japan companies in spotlight
The hidden value of property on corporate balance sheets is a theme behind some of the biggest activist campaigns and mergers and acquisitions in Japan.
Dai Nippon Printing said that Elliott Investment Management looks to have substantially reduced its position in the company.
BUSINESS / Companies
Nov 25, 2024
Dai Nippon Printing says Elliott has sold most of its stake
Elliott has been active in Japan this year, investing in Tokyo Gas, Sumitomo, SoftBank Group and Mitsui Fudosan.
Tokyo Gas’ LNG terminal in Sodegaura, Chiba Prefecture
BUSINESS / Companies
Nov 20, 2024
Tokyo Gas shares jump most since 1987 after activist fund discloses major stake
Elliott Investment Management said it now owns more than 5% of Tokyo Gas and may make "important proposals” to the utility provider.
Hula dancers perform at Spa Resort Hawaiians in Iwaki, Fukushima Prefecture, in November 2018.
BUSINESS / Companies
Sep 10, 2024
Spa Resort Hawaiians to be acquired by U.S. fund
The acquisition is expected to cost U.S. investment fund Fortress Investment Group up to around ¥14 billion.
Elliott Investment Management's sizable stake in Sumitomo reflects a growing shareholder activism in Japan.
BUSINESS / Companies
Jul 2, 2024
Activist investor campaigns hit record high, driven by Japan
The number of new activists campaigns totaled 147, up 7% from 138 in the same period in 2023 and 29% above the five-year average.
From left: Promoter Frank Warren, fighter Anthony Joshua and Saudi official Turki al-Sheikh attend a fight between Dmitry Bivol and Malik Zinad in Riyadh on June 1.
MORE SPORTS / Boxing
Jun 12, 2024
Saudi Arabia wealth fund holding talks to create boxing league, sources say
PIF is looking to invest in a joint venture with some of the sport's stakeholders that would feature more boxing bouts.
Tourists and locals stroll along Tokyo's Ginza shopping district where some roads are closed off for pedestrians due to the national holiday on April 29.
BUSINESS / Companies
May 15, 2024
Fortress’s Japan hotel unit doubles pay to fight labor shortage
MyStays Hotel Management is offering monthly salaries of ¥500,000 ($3,210) for new hires into its fast-track program.
Dustin Johnson has a lifetime exemption to the Masters after winning the tournament in 2020.
MORE SPORTS
Apr 11, 2024
Asian Tour remains an option for LIV stars in search of ranking points
The Asian Tour has entered into a growth cycle over the last three years, expanding to 24 tournaments.
A drugstore in Tokyo in October
BUSINESS
Dec 23, 2023
Fund that got in before Buffett now likes Japan drugstores
A top fund manager says there’s opportunity to profit from consolidation in the sector.
Tiger Woods laughs at a comment made by Justin Thomas (back) during the PNC Championship in Orlando, Florida, on Saturday.
MORE SPORTS / Golf
Dec 17, 2023
PGA Tour still aims to meet deadline for Saudi alliance, Woods says
The PGA Tour, scrambling to finalize its merger plans ahead of the deadline, has said it would proceed with talks with U.S.-based Strategic Sports Group.
Saudi Crown Prince Mohammed Bin Salman welcomes Chinese President Xi Jinping in Riyadh on Dec. 8, 2022.
BUSINESS
Nov 25, 2023
Mideast wealth funds draw greater U.S. scrutiny over China ties
A U.S. committee is reviewing several multibillion dollar deals this year on concerns they could pose national security risks.
Crushers team captain Bryson Dechambeau (right) and Charles Howell III celebrates after winning the LIV Golf team championship at Trump National Doral, in Doral, Florida, on Sunday.
MORE SPORTS / Golf
Oct 23, 2023
LIV Golf heads into offseason full of uncertainty
Bryson DeChambeau's Crushers won the LIV Golf Team Championship on Sunday.
U.S. President Joe Biden delivers remarks at the White House in Washington last month.
BUSINESS
Aug 5, 2023
Biden order curbing investment to China expected in coming days
The goal of the order is to prevent U.S. capital and expertise from accelerating the development of tech that would support China's military.
Japan Times
SOCCER
Feb 19, 2023
INEOS and U.S. hedge fund enter battle to purchase Manchester United
The club is widely seen as one of the most prized assets in all of sport, with Deloitte ranking it as the fourth-richest in the world.
Japan Times
BUSINESS / Companies
Feb 7, 2023
SoftBank Vision Fund loses ¥660 billion as tech slump persists
A collapse in valuations last year has pummeled the global tech investor, which holds stakes in hundreds of startups.
Japan Times
BUSINESS
Dec 21, 2022
Landmark U.N. deal on biodiversity gets finance and business thumbs up
The Kunming-Montreal Global Biodiversity Framework, agreed to at recent U.N. talks, is expected to create some red tape but also new opportunities.
Japan Times
BUSINESS
Dec 19, 2022
Investors boost pressure on Big Oil firms to set 2030 climate targets
The move revives pressure on the sector after a year that saw governments shift their focus to energy security.
Japan Times
BUSINESS / Companies
Dec 4, 2022
Fuji Soft proxy fight the latest test of Japan Inc. board independence
Governance experts say outside directors are only nominally independent if they have close ties to management or fail to give proper oversight.
Japan Times
BUSINESS / Companies
Dec 2, 2022
Activist fund that took on Toshiba targets $2 billion Japan firm
Singapore-based 3D Investment Partners is seeking to appoint four outside board members at Fuji Soft, a Tokyo-listed software firm.
Japan Times
BUSINESS / ANALYSIS
Sep 15, 2022
Even as China loses its luster, European companies continue to invest
Beijing's 'COVID zero' policy and fears over a possible Taiwan conflict have done little to discourage European companies from investing in the world's second-biggest economy.

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition