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November 21, 2024
 

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SUMITOMO

Japan Times
BUSINESS / Companies
Aug 7, 2022
Mitsui Sumitomo Insurance to buy U.S. reinsurance broker for $400 million: Nikkei
Mitsui Sumitomo Insurance Company will spend about $400 million to buy U.S. reinsurance broker Transverse.
Japan Times
BUSINESS / Companies
Jul 26, 2022
Japanese insurers sell heatstroke coverage during sizzling summer
Sompo Holdings and Sumitomo Life Insurance, two of the country's biggest insurers, are offering policies specifically designed to cover medical expenses arising from heatstroke.
Japan Times
BUSINESS
Jun 21, 2022
Sumitomo Mitsui to take 10% stake in SBI Holdings, source says
The deal would mark another significant acquisition for Sumitomo Mitsui after a string of other deals.
Japan Times
BUSINESS
May 13, 2022
Top Japanese banks warn of uncertainties as profit seen slowing
The banks expect bad loan costs to drop as the impact of the pandemic eases, but are bracing for a challenging year as the U.S. Federal Reserve and other central banks raise interest rates.
Japan Times
BUSINESS
Apr 22, 2022
Japan banks target growth in cooling U.S. high-yield debt market
The banks are facing increasing risks and dwindling opportunities, testing their staying power.
Japan Times
BUSINESS
Jan 29, 2022
Activists demand stop to Japan-funded coal plant in climate-vulnerable Bangladesh
Climate campaigners said the project contradicts Japan's commitment, made with other wealthy G7 nations last May, to end funding for 'unabated' coal power overseas by the end of 2021.
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 / Companies
Jul 3, 2021
Japan’s green push opens path to talent outside old men’s club
The growing importance of sustainable investment could help diversify the mentality of Japan Inc. boardrooms, as firms look to draw from a nontraditional talent pool for senior positions.
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
ASIA PACIFIC
May 19, 2021
How Myanmar's military moved in on the telecoms sector to spy on citizens
Intercept spyware gives the military the power to listen in on calls, view text messages and web traffic, and track the locations of users without the assistance of telecom firms.
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.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

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

Longform

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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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