Muji's Tokyo-listed parent Ryohin Keikaku trades at 28 times forward ... The company has asked banks to pitch for a 2018 IPO, Reuters has previously reported. One source told Reuters expectations of continued sharp growth into 2019 would make an IPO ... ( read original story ...)
China, Japan to enhance fiscal, monetary cooperation
Senior finance officials from China and Japan agreed to step up cooperation in fiscal and monetary areas, according to the Ministry of Finance. Vice finance minister of China Shi Yaobin and Japan's State Minister of Cabinet Office Takao Ochi met in Beijing ... ( read original story ...)
Japan’s births to plumb a record low in 2017
It is seen widening to 403,000 in 2017 to hit 400,000 for the first time as Japan's population decline becomes more severe than ever. The gift of life More babies have been born in hospitals on Dec. 25 than on any other day over the last decade, a Nikkei ... ( read original story ...)
Japan’s per capita GDP ranking rebounded slightly in 2016
TOKYO -- Japan ranked 18th among 35 developed economies in per capita nominal gross domestic product in 2016, two spots above where it placed the year before, largely due to a strong yen inflating the figure in dollar terms. Japan's per capita GDP rose 12 ... ( read original story ...)
Latest Tokyo budget down $300 million to $12.6 billion, more cuts eyed
"We want to deliver fantastic Games but at the same time ... we don't want to use any public funds if we can help it," said Hidemasa Nakamura, the chief financial officer of Tokyo 2020. "We will continue to try to reduce (costs) further." The Tokyo ... ( read original story ...)
Japan’s Otsuka to roll out first ‘digital pill’ in US next spring
TOKYO -- Japan's Otsuka Pharmaceutical plans to roll out the world's first commercial "digital pill" in the U.S. as early as next spring. The U.S. Food and Drug Administration in November green-lighted the drugmaker to produce and sell the product ... ( read original story ...)
Japan’s retail stock traders begin tapping power of AI
TOKYO -- Japan's brokerages are bringing the power of predictive stock ... users personalized advice on trading futures and options based on how they believe the Nikkei Stock Average will move. Clients will also be able to simulate how their positions ... ( read original story ...)
Sharp Corp to appoint co-chief executives starting Jan. 1: Nikkei
(Reuters) - Japan’s Sharp Corp may appoint co-chief executives starting from Jan. 1, the Nikkei newspaper reported on Friday. The Nikkei said the appointments were intended to enable a smooth transition from President Tai Jeng-wu, who was appointed after ... ( read original story ...)
Nikkei edges higher as banks, trading firms offset weak pharmaceuticals
TOKYO, Dec 22 (Reuters) - Japan’s Nikkei share average eked out small gains on Friday as gains in banks and commodities trading houses offset weakness in pharmaceuticals, while Kobe Steel stumbled after it said senior executives were aware of its data ... ( read original story ...)
Nikkei slips as banks falter; selling in construction sector eases
TOKYO, Dec 21 (Reuters) - Japan’s Nikkei share average ended down on Thursday, dragged lower by weakness in banking shares though off earlier session lows. The Nikkei finished down 0.11 percent, or 25.62 points, at 22,866.10. The broader Topix erased ... ( read original story ...)
Nikkei flat as weak drugmaker stocks offset gains in trading firms
TOKYO, Dec 22 (Reuters) - Japan’s Nikkei share average was flat on Friday morning as gains in commodities trading houses offset weakness in drugmakers, while Kobe Steel stumbled after it said senior executives were aware of data tampering. The Nikkei was ... ( read original story ...)
Why Nikkei 225 Stocks Have Dropped This Week
More on that here. Earlier this week, Japanese stock market index Nikkei 225 saw their stocks decrease by -0.15%. While most Asian shares have increased, they continue to struggle as their shares dip to low numbers. At the beginning of December ... ( read original story ...)
Nikkei edges lower as construction stocks extend sell-off
TOKYO, Dec 19 (Reuters) - Japan’s Nikkei share average edged down on Tuesday morning in choppy trade, as construction stocks extended a punishing sell-off on growing concerns some of the firms may have breached antitrust regulations. The Nikkei was flat ... ( read original story ...)
Japan’s central bank leaves its monetary policy unchanged
The Bank of Japan (BOJ) kept its policy rate, 10-year government bond yield target unchanged The BOJ voted 8-1 to stand pat on rates with Goushi Kataoka as the sole dissenting voice The central bank said the economy is growing moderately and inflation ... ( read original story ...)
Japan approves record defence spending that favours U.S.-made equipment
TOKYO, Dec 22 (Reuters) - Japan's government approved a record military budget on Friday but did not earmark enough extra money to stop a splurge on U.S.-made ballistic missile defence kit from putting a squeeze on funding for an ambitious domestic jet ... ( read original story ...)
Nissan Canada Finance says info breached
A Nissan Motor Co. logo is displayed at the Tokyo Auto show in Tokyo on Oct. 25, 2017. Nissan Canada Finance says it has been the victim of a data breach that may have involved the personal information of some customers who financed their vehicles through ... ( read original story ...)