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STOCKS

Tatsufumi Shibata, deputy director-general at the Financial Services Agency, is pushing for greater disclosure by companies of their cross-shareholding practices.
BUSINESS
May 2, 2024
Japan suspects firms are evading disclosure of cross-shareholdings
Some companies are thought to be masking cross-shareholdings as being owned for purely trading purposes.
Advanced Micro Devices' processors and memory chips
BUSINESS / Tech
May 2, 2024
AI hardware stocks get pummeled even as big tech keeps spending
Hardware makers have seen their shares rally this year amid an arms race for artificial intelligence computing power that’s lifting sales and profits.
Activist investor campaigns are becoming more commonplace in Japan as the government and the Tokyo Stock Exchange encourage companies to boost shareholder returns.
BUSINESS / Companies
Apr 30, 2024
Elliott Management's Sumitomo stake reflects growing activism in Japan
Elliott has built a large holding in Sumitomo after investing several tens of billions of yen in the trading house backed by Warren Buffett.
The Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong on March 14. Dealmakers say a lot more than words is needed to revive Hong Kong’s weakest IPO market since the global financial crisis.
BUSINESS / Markets
Apr 29, 2024
China’s new plan to boost Hong Kong IPOs faces major hurdles
Pipeline of IPOs expected to remain feeble while valuations are low, China’s economic outlook is poor, and foreign investors remain distrustful of Beijing.
The combined market capitalization of shares listed on the Tokyo Stock Exchange's Prime section stood at roughly ¥970 trillion at the end of last month.
BUSINESS
Apr 28, 2024
TSE Prime's market cap nears ¥1 quadrillion two years after shake-up
The total market capitalization of the new top tier has grown some 40% while the number of companies fell 10%.
More investors are calling on Japanese firms to abolish cross-shareholdings, a practice that has been criticized as undermining discipline in corporate governance and leading to anti-competitive behavior.
BUSINESS / Companies
Apr 26, 2024
Investor group calls for zero cross-shareholdings at Japanese firms
"Strategic shareholdings," where companies hold stocks in businesses they have ties with, have decreased slightly, but progress is slow.
The government, and the Tokyo Stock Exchange in particular, have been pushing for better governance among the country’s 3.7 million companies.
BUSINESS / Companies
Apr 25, 2024
Japan’s retail investors care about governance too, poll shows
Investors are increasingly aware of the need to hold corporate boards and executives to high standards.
Japan's stock market attention is shifting to whether domestic market-oriented firms can bring some bullishness back to the market.
BUSINESS / Markets
Apr 25, 2024
Revival in Japanese stock market hinges on domestic demand taking hold
Attention has shifted to whether domestic market-oriented laggards may be able to bring some bullishness back to the market.
The yen’s slide has pushed up import bills in Japan, keeping domestic consumer spending tepid, with analysts saying any gains in real wages may evaporate if the yen depreciates further.
BUSINESS / Economy
Apr 24, 2024
Investors loved weak yen boosting shares until it went too far
Concern is growing that the currency is becoming a liability for Japan’s economy and stocks.
The Nikkei stock market rally has paused, but the market has an upside potential toward the end of the year, according to Allianz Global Investors.
BUSINESS / Markets
Apr 22, 2024
Allianz says Japanese stocks will defy geopolitics and yen volatility
The asset manager expects support from solid corporate fundamentals and the long-term outlook for artificial intelligence.
Tesla's troubles started in October when it warned that demand for EVs was starting to slow, but the full extent of that weakness only became apparent this month.
BUSINESS / Companies
Apr 17, 2024
Tesla’s value dips below $500 billion in blow to stock bulls
The electric vehicle maker's troubles started in October when it warned that demand for EVs was starting to slow.
Kioxia Holdings plans to go public on the Tokyo Stock Exchange as early as October.
BUSINESS
Apr 16, 2024
Kioxia plans to list as early as October as merger talks stall
Kioxia faces a June deadline to refinance as much as ¥900 billion worth of loans, and a public listing will help its negotiations with banks.
Shoppers at the Dadar market in Mumbai, India. Indian equities now trade at around 23 times next year’s expected earnings, exceeding even the U.S.
BUSINESS / Markets
Apr 16, 2024
‘Expensive’ India lures investors avoiding China risks
Powerful rallies in Indian and Japanese equities during China’s slump have reset Asia’s financial-market landscape.
Yukio Kani, chairman and global CEO of Jera
BUSINESS / Companies
Apr 15, 2024
Japan’s top power producer Jera considers IPO to fund green push
The Tokyo-based company plans to develop 20 gigawatts of renewable generation capacity by fiscal 2035.
Then-U.S. President Donald Trump signs an executive order rolling back regulations from the 2010 Dodd-Frank law on Wall Street reform at the White House in Washington in February 2017.
BUSINESS / Markets / FOCUS
Apr 13, 2024
If Trump wins, he plans to free Wall Street from 'burdensome regulations'
If elected, Trump would likely cut back protections for small-scale investors and borrowers, and allow companies to raise money with less scrutiny.
Global banks are responding to increased demand for information about Japan’s companies and markets amid a resurgent stock market.
BUSINESS / Companies
Apr 12, 2024
Global banks ramp up roadshows for clients eager to bet on Japan
Foreign investors bought the most Japanese equities since 2013, last week.
The New York Stock Exchange in New York. Japanese startups have been turning to the United States where institutional investors are more willing to bet on innovative technologies.
BUSINESS / Companies
Apr 10, 2024
New York Stock Exchange trying to get Japanese companies to list in the U.S.
South Korean, Indonesian and Singaporean companies from across various sectors are also looking to list in the U.S..
Speculation has been swirling for months over the fate of Ito-Yokado, which was Seven & I's original retail franchise before it bought 7-Eleven and turned it into a large, successful business.
BUSINESS / Companies
Apr 10, 2024
Seven & I set to split 7-Eleven from original Ito-Yokado stores
Ito-Yokado was the company’s original franchise before it bought 7-Eleven and turned it into a successful business.
Towa’s compression molding equipment. The firm commands two-thirds of the world’s chip molding equipment market.
BUSINESS / Companies
Apr 9, 2024
AI demand spurs 390% surge in Kyoto chip company’s stock price
A growing demand for AI technology has been a boon for Towa, a little-known company that makes an essential component.
Activist investor Oasis Management says shares in Kao have the potential to rise by more than 70% from recent levels.
BUSINESS / Companies
Apr 4, 2024
Kao shares jump as activist investor Oasis calls for improved performance
Kao has "significantly underperformed” its competitors in sales growth, margins, return on equity and stock performance, Oasis said in a statement.

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