Tag - mitsui

 
 

MITSUI

Japan Times
BUSINESS / Companies
Jan 14, 2022
Green push ending 150-year tradition of bank passbooks in Japan
The country's largest bank will soon require new clients to pay u00a5550 a year for a passbook in a bid to encourage them to embrace digital services.
Japan Times
BUSINESS / Companies
Dec 23, 2021
Sumitomo Mitsui CEO Jun Ohta still looking for more acquisition targets
The head of Japan's second-largest lender is seeking to broaden services across Asia, acquiring commercial banks and consumer-finance companies.
Japan Times
BUSINESS
Aug 31, 2021
Warren Buffett has made $2 billion so far with bet on Japan's trading houses
The gain of more than 30% across the five firms has outpaced the benchmark Topix index's 21% rise, without accounting for dividend income.
Japan Times
BUSINESS / Economy
Jul 1, 2021
Japan bank head says transition funds are critical for climate
Helping big polluters transform into greener enterprises is one of the biggest challenges facing domestic banks, says Makoto Takashima, chairman of the Japanese Bankers Association.
Japan Times
BUSINESS / Companies
Jun 7, 2021
'Nihonbashi Valley': Tokyo’s old trade quarters transforming into a startup hub
The financial district home to the Tokyo Stock Exchange and the Bank of Japan is undergoing a makeover, luring dozens of life science and space technology startups.
Japan Times
BUSINESS
Apr 15, 2021
Japan's ticket to zero carbon could be century-old technology
Some of the biggest industrial companies in Japan are working on a project that could trigger a wave of investment into one of the most controversial forms of carbon capture: methanation.
Japan Times
BUSINESS / Companies
Mar 1, 2021
Little-known fees help Japan's trust banks dominate profitable niche market
Insiders say an 'industry custom' of termination fees keeps profitable business in the hands of a few big trust banks because newcomers balk at the cost.
Japan Times
BUSINESS / Companies
Dec 22, 2020
Sumitomo Mitsui on hunt for Asian lender and U.S. partner for deals
The plans underscore how the bank is looking beyond the current dip to grow abroad, with low interest rates and a graying population hampering prospects at home.
Japan Times
BUSINESS
Dec 11, 2020
Japan banks struggle to unwind last ¥4.6 trillion in cross-shareholdings
Having already divested trillions of yen under pressure from regulators and investors, megabanks are now down to a clutch of firms that are resistant to stake sales.
Japan Times
BUSINESS / Companies
Nov 27, 2020
Mitsui Fudosan set to bid for Tokyo Dome to ward off Oasis
The real estate company is preparing to make a tender offer of about u00a5100 billion ($960 million), sources say.
Japan Times
BUSINESS / Companies
Nov 26, 2020
Pandemic and internet banking push Japan’s lenders to revamp branches
Withdrawing or transferring cash through a bank teller could completely disappear in Japan within a few years as banks adapt branches for the digital age.
Japan Times
BUSINESS / Markets
Nov 14, 2020
Japanese banks warn of tougher road ahead after solid earnings
MUFG and Mizuho raised their full-year profit targets, thanks mainly to strong results from trading and serving cash-strapped corporate clients in the six months ended Sept. 30.
Japan Times
BUSINESS / Companies
Nov 11, 2020
Japanese banks to hit profit goals as stimulus curtails bad loans
Any moderation of bad-loan charges would mirror a trend seen around the world this earnings season, after banks from Singapore to the U.S. kept defaults at bay.
Japan Times
BUSINESS / Markets
Oct 13, 2020
Buffett-led share price boom short-lived for most Japan trading firms
The August announcement, among the largest investments ever made by Buffett in Japan, boosted investor interest in the trading companies.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?