Tag - mitsui

 
Menu
Search
 
March 29, 2025
 

Today's print edition

Home Delivery
Subscribe for more access

MITSUI

Mitsui Sumitomo Insurance (above) and Aioi Nissay Dowa Insurance plan to merge in April 2027.
BUSINESS / Companies
Mar 28, 2025
Mitsui Sumitomo Insurance to merge with Aioi Nissay Dowa
The merger will create the biggest nonlife insurer in Japan, overtaking current industry leader Tokio Marine & Nichido Fire Insurance.
Masamichi Koike, head of global markets business at Sumitomo Mitsui Financial Group, says the Bank of Japan is likely to increase the policy rate to 1% this year as long as the U.S. economy doesn’t falter.
BUSINESS / Companies
Mar 25, 2025
Sumitomo Mitsui markets head sees BOJ rate at 30-year high
The Bank of Japan is likely to increase the policy rate to 1% this year from the current 0.5% as long as the U.S. economy doesn’t falter, said Masamichi Koike.
Sumitomo Mitsui Financial Group has decided to withdraw from the Net-Zero Banking Alliance, a spokesperson said.
BUSINESS / Companies
Mar 4, 2025
Japan’s SMFG joins Wall Street in exiting net zero banking group
Japan’s second-largest bank has decided to withdraw from the Net-Zero Banking Alliance.
Warren Buffett's plans to increase holdings in Japanese trading houses are seen as a stamp of approval for the undervalued sector.
BUSINESS / Markets
Feb 25, 2025
Buffett’s fervor for Japan trading firms sparks share rally
Buffett praised Japan’s trading firms for increasing dividends when appropriate and for being less aggressive in their executive pay than U.S. counterparts.
Warren Buffett, chairman of Berkshire Hathaway Inc., says he is looking to increase ownership in Japan’s five largest trading houses.
BUSINESS
Feb 23, 2025
Berkshire set to gradually raise stakes in Japan trading houses
The shares of the five — Mitsubishi, Mitsui, Itochu, Sumitomo and Marubeni — have benefited over the longer term from Buffett’s interest.
Rail wagons loaded with iron ore move along a rail track at Rio Tinto's rail yard operations in Karratha, Western Australia.
BUSINESS / Companies
Feb 19, 2025
Mitsui to buy stake in Australian iron ore mine for $5.3 billion
The move is a bet that the global steel industry will need high-quality raw materials to support its push to go green.
The Securities and Exchange Surveillance Commission has raided locations related to a former Sumitomo Mitsui Trust Bank division manager on suspicion of violating the financial instruments and exchange law.
JAPAN / Crime & Legal
Feb 6, 2025
Sumitomo Mitsui Trust Bank worker's insider trading likely lasted years
The Securities and Exchange Surveillance Commission has raided locations related to the former employee.
Trading company Mitsui
BUSINESS / Companies
Feb 4, 2025
Japan's Mitsui could study Alaska LNG project, but no decision yet
Japan is considering offering support for a $44-billion gas pipeline in Alaska as it seeks to court U.S. President Donald Trump and forestall potential trade friction.
MUFG virtually reached its full-year profit goal with a quarter to spare, earning a record ¥1.749 trillion in the first nine months.
BUSINESS / Companies
Feb 4, 2025
MUFG profit soars in bumper earnings season for Japan banks
Japanese banks are benefiting from rising interest rates following more than a decade of ultra-easy monetary policy.
Japanese banks are enjoying bumper earnings as they begin to benefit from rising interest rates following more than a decade of ultraeasy monetary policy.
BUSINESS
Jan 30, 2025
Sumitomo Mitsui profit beats estimates as rate hikes bolster earnings
Net income at Japan’s second-largest bank rose 54% from a year earlier to ¥410.8 billion for the three months ended Dec. 31, calculations show.
Mitsubishi UFJ, Mizuho and Sumitomo Mitsui are enjoying record earnings and they are determined to fund overseas expansion.
BUSINESS / Companies
Dec 10, 2024
Japan's megabanks are flush with cash and hunting overseas deals
The primary focus is on the U.S. and India, respectively the world’s largest economy and the fastest-growing.
The Adani Group headquarters in Ahmedabad, India
BUSINESS / Companies
Nov 29, 2024
Japanese banks stick with Adani as Jefferies and Barclays review ties
Gautam Adani and others have been charged with plotting a $250 million scheme to bribe India government officials to win solar energy contracts.
Mizuho Financial CEO Masahiro Kihara during a news conference in Tokyo on Nov. 14
BUSINESS / Companies
Nov 14, 2024
Japan’s biggest banks raise profit goals, unveil buybacks
Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group now project a combined ¥3.7 trillion ($24 billion) in profit this fiscal year.
People opposing tree cutting around Meiji Jingu Gaien stage a rally in the area on Monday.
JAPAN
Oct 28, 2024
Tree-cutting begins in Meiji Jingu Gaien redevelopment project
Under a revised plan, 619 trees will be cut down, fewer than the 743 under the former plan.
Marubeni's headquarters in Tokyo
BUSINESS
Oct 25, 2024
Marubeni-backed salmon farm starts Japan sales as part of diversification push
Wild and sea-farmed salmon is one of the areas Marubeni and its rivals have been targeting in Japan.
A nuclear accident that took place on Sept. 30 makes the front page of The Japan Times on Oct. 1, 1999.
JAPAN / History / Japan Times Gone By
Oct 1, 2024
Japan Times 1999: Nuclear accident hits critical mass
A second incident 25 years ago at the Tokai Nuclear Power Plant in Ibaraki Prefecture that exposes workers to radiation causes concern and challenges.
Four Japanese private-sector banks including MUFG Bank will participate in an international demonstration test for cross-border payments using digital currencies led by the Bank for International Settlements.
BUSINESS
Sep 23, 2024
Four Japanese banks participate in digital currency project
MUFG Bank, Sumitomo Mitsui Banking, Mizuho Bank and SBI Shinsei Bank will participate in the project.
Pedestrians walk past the Financial Services Agency headquarters in Tokyo.
JAPAN
Aug 31, 2024
Over 2.5 million sets of info leaked from four Japan nonlife insurers
Of the total, employees on loan were found to have been involved in about 240,000 cases, including for contracts for corporate customers.
The new V Point program offers a feature allowing members to earn double reward points when making payments with credit cards.
BUSINESS / Companies / FOCUS
Aug 26, 2024
New V Point spurs corporate economic bloc race in Japan
Competition among corporate groups in Japan is intensifying further as they strive to expand their economic influence through shared reward points.
People look at a Ford Sports Utility Vehicle on display at a test drive point in Nha Be district in Ho Chi Minh City.
BUSINESS / Companies
Aug 16, 2024
Mitsui buys stake in Tasco Auto in bet on Vietnam’s growth
The deal makes Mitsui a strategic investor and will help Tasco’s long-term plans.
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
Massive quake kills at least 150 in Myanmar and Thailand
Medical workers treat a earthquake survivor on a bed in the compound of a hospital in Naypyitaw on Friday, after an earthquake in central Myanmar.
Tokyo police seek public's help on Setagaya family murder 24 years ago
Police seek information from the public on a high-profile murder case, in Setagaya Ward, Tokyo, on Saturday
Student suicides in Japan hit all-time high
A volunteer handles an incoming call at the Tokyo Befrienders call center, a suicide hotline center in Japan's capital.
Copyright questions loom as ChatGPT's Ghibli-style images go viral
A screenshot of OpenAI CEO Sam Altman's Ghibli-style profile picture on X
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.
Hanami season to have record ¥1.39 trillion economic impact on Japan
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
Rise and shine with ‘The Wakey Show’
“The Wakey Show” is NHK’s first new daily children’s program in three years, and it carries on the station’s storied past in youth-centric educational entertainment.
Tokyo Series proves to be big business for MLB — and Japanese companies
An advertisement featuring Shohei Ohtani in Tokyo.
New SDF command will be key for contingency planning, Australian commander says
A Maritime Self-Defense Force SH-60K "Super Auk" from JS Shiranui prepares to land on HMAS Brisbane during Exercise Malabar 2023 while off the coast of New South Wales, Australia.

Podcast

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

Longform

The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties
By Anton L. Delgado

SUSTAINABLE JAPAN

Supporting women’s social participation is Cartier’s commitment
Supporting women’s social participation is Cartier’s commitment

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER