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July 28, 2024
 

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MITSUI

BUSINESS / Companies
Jan 22, 2015
Mitsui Fudosan to build office tower in Manhattan
Mitsui Fudosan Co., Japan's biggest developer, will build an office tower in Manhattan with an expected cost of ¥150 billion.
Japan Times
BUSINESS / Companies
Dec 25, 2014
Sumitomo Mitsui to hire foreign managers in global push
Koichi Miyata, the president of Sumitomo Mitsui Financial Group Inc., said the lender will hire more foreign managers for its overseas operations, tapping their local expertise to aid a global expansion.
BUSINESS
Dec 9, 2014
Sumitomo Mitsui reportedly to buy Citigroup's Japan bank
Sumitomo Mitsui Financial Group Inc. will announce an agreement to buy Citigroup Inc.'s Japanese consumer-banking business as soon as next week, sources with knowledge of the matter said.
Japan Times
BUSINESS / Companies
Nov 8, 2014
Two banks emerge as potential buyers of Citigroup Japan units
Citigroup Inc. has held the second round of an auction to sell its retail and credit card businesses in Japan, apparently short-listing two domestic banks, sources close to the matter said.
BUSINESS / Companies
Nov 7, 2014
Mitsui announces Brazil rail joint venture
Mitsui & Co. announced Friday a joint venture with Brazil's Odebrecht TransPort S.A. which will focus on railway investments there.
COMMUNITY / How-tos / LIFELINES
Nov 2, 2014
Closing a bank account from outside Japan; a new way to pay NHK
Advice on closing a bank account from abroad, and how you could lump your NHK fees together with cable TV payments.
Japan Times
JAPAN / Crime & Legal
Oct 8, 2014
Court turns down damages suit over quake-caused land liquefaction in Chiba Prefecture
The Tokyo District Court on Wednesday turned down a damages suit against the nation's biggest real estate developer and other defendants over the liquefaction of residential land in Chiba Prefecture caused by the deadly March 11, 2011, earthquake.
Japan Times
BUSINESS / ANALYSIS
Aug 28, 2014
Megabanks break glass ceiling for foreign managers
Japan's biggest banks are breaking tradition by promoting foreigners to top management roles to retain and lure overseas talent as growth abroad buoys profit.
BUSINESS
Aug 14, 2014
Japan's top three banks racing to secure licenses to open branches in Myanmar
Japan's top three banks are racing to open branches in Myanmar as investments in the country by Japanese companies are increasing on the back of its booming economy.
Japan Times
BUSINESS / Companies
Jul 31, 2014
Mitsubishi UFJ profit falls less than estimated on lending, fees
Mitsubishi UFJ Financial Group Inc., the nation's biggest bank, reported Thursday a smaller-than-estimated decline in first-quarter profit as lending income and fees rose, shrugging off an equity-market slowdown.
BUSINESS
Jul 28, 2014
As U.S. kicks off crude exports, Iran casts a shadow in Asia
The United States faces an awkward rival in its first attempts in 40 years to export crude oil — Iran.
BUSINESS / Companies
Jul 24, 2014
SMBC to lend ¥20 billion to Brazil's Amaggi to secure food supplies
Sumitomo Mitsui Banking Corp. will extend ¥20 billion in loans to Brazilian agribusiness company Amaggi to improve its distribution network and boost exports of corn and soybeans to Japan, according to sources close to the matter.
Japan Times
BUSINESS / Companies
Jul 9, 2014
Mitsui O.S.K. to pioneer Arctic route for LNG
Officials from shipping giant Mitsui O.S.K. Lines Ltd. announced Wednesday their company will begin transporting liquefied natural gas through the Arctic Ocean in 2018 — making it the first company in the world to tap the sea as a regular transit route.
BUSINESS / Companies
Jul 1, 2014
Banks OK multibillion-yen loans for Oita and Iwate biomass plant projects
Sumitomo Mitsui Banking Corp. and partners will provide a ¥6.3 billion loan for a biomass plant developed by a unit of First Energy Service Co.
Japan Times
BUSINESS / Companies
May 28, 2014
Mitsui Fudosan plans big share issue on Olympics
Mitsui Fudosan Co. plans to raise as much as ¥324.6 billion in the biggest share sale by a property company in Japan in at least four decades.
JAPAN
Apr 24, 2014
¥4 billion paid for ship's release
Mitsui O.S.K. coughs up about ¥4 billion to secure the release of an ore carrier seized in China over a contract dispute predating World War II.
Japan Times
JAPAN
Apr 24, 2014
Mitsui O.S.K. paid ¥4 billion over ship seizure in China
Mitsui O.S.K. Lines Ltd. has paid around ¥4 billion in connection with the recent seizure of its iron ore carrier by a Shanghai court due to a legal dispute, people familiar with the matter said Thursday.
JAPAN
Apr 21, 2014
China ship seizure hikes redress fears
China's seizure over the weekend of a containership owned by shipping giant Mitsui O.S.K Lines for its failure to respond to a wartime compensation order related to a contractual dispute has raised concerns in Japan that further assets may be confiscated if more rulings favor Chinese plaintiffs.
JAPAN
Apr 20, 2014
Shanghai court seizes Mitsui O.S.K. vessel over unpaid war redress
The Shanghai Maritime Court seizes a container ship from shipping giant Mitsui O.S.K. Lines for ignoring a compensation order linked to a wartime contract dispute.
Japan Times
BUSINESS / Companies
Mar 27, 2014
SMBC ups pay for first time in 19 years
Sumitomo Mitsui Financial Group Inc.'s lending unit has agreed to raise salaries for the first time in 19 years as an economic recovery spurs profit at Japan's second-largest bank by market value.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

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By Alex K.T. Martin

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JNTO promotes sustainable tourism initiatives

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