Elsewhere in the region, Tokyo performed best despite having its worst year since ... of their marketed prices and saw first-day pops of 15% and 32%, respectively. The IPO markets in most emerging economies were muted, except for India, which raked in ... ( read original story ...)
How a high school dropout built a bus empire in Japan after selling his car
Kimi Takura plans to list Heisei on the Tokyo Stock Exchange in a ¥10 billion IPO to ensure the company will continue even after he retires Subscribe to our newsletter. Heisei, set up in 1992, now operates a fleet of 400 buses for sightseeing, overnight ... ( read original story ...)
How does LINE make money?
Based in Tokyo, LINE is one of the most popular messaging apps in the world. As of 2016, the company had 218.4 million monthly active users (MAUs), a seven percent increase over the year prior. In other words, LINE easily had the biggest tech IPO of the year. ( read original story ...)
Fukuoka’s Own Ippudo Ramen Chain to List on Tokyo Stock Exchange
The ramen chain Ippudo is to go public on the Tokyo Stock Exchange as early as March this year, with an expected IPO of ¥30billion ($259 million). The IPO will give greater flexibility for fundraising, allowing the chain operator to accelerate expansion ... ( read original story ...)
Bank of Japan Nakaso warns of potential spike in dollar funding cost
TOKYO Bank of Japan Deputy Governor Hiroshi Nakaso on Friday warned that the cost of U.S. dollar funding could easily spike when there is a divergence in the monetary policy direction of the United States and Japan. But he said the BOJ saw no serious ... ( read original story ...)
Japan should push back if Trump takes 'wrong' economic policies: PM Abe adviser
The prime minister has promised to achieve a budget surplus, excluding interest payments on debt, in the fiscal year to March 2021, a commitment Finance Minister Taro Aso reiterated on Friday. "There is no need for Japan to follow such a strict timeframe ... ( read original story ...)
Nikkei stays in a narrow range, on track for weekly losses
Yen moves off this week's highs, underpinning Japanese equities TOKYO Jan 20 Japan's Nikkei share average wobbled in a small range on Friday, on track for a weekly loss, as investors braced for a change of power in the United States with the inauguration ... ( read original story ...)
World shares mixed, Japan’s Nikkei gains on weaker yen
TOKYO - World stocks were meandering in sluggish trading on Thursday as investors awaited the inauguration of Donald Trump as U.S. president. KEEPING SCORE: European shares were mixed in early trading. France’s CAC 40 added 0.1 percent to 4,860.14 and ... ( read original story ...)
Nikkei rises as financials gain; Toshiba, Takata dive
TOKYO Jan 19 Japan's Nikkei share average rebounded from a six-week low on Thursday, with financial stocks cheered by the rise in U.S. bond yields after Federal Reserve Chair Janet Yellen signalled a solid pace of interest rate hikes. The Nikkei rose 0.9 ... ( read original story ...)
Japan Inc. moving toward 4-day work week
TOKYO -- Three days off per week are increasingly common in Japan's workplaces as employers seek to improve the work-life balance in line with the government's push for labor reform. The shift from the traditional two days off per week is expected to ... ( read original story ...)
Yahoo Japan is refusing to stop the sale of ivory on its website
Ivory tusks are displayed after the official start of the destruction of confiscated ivory in Hong Kong. Yahoo Japan is refusing to stop the sale of ivory on its site, despite concerns that it is facilitating a business blamed for the illegal slaughter of ... ( read original story ...)
Takata's remaining bidders to seek court-led turnaround in Japan: Nikkei
TOKYO Takata Corp's (7312.T) two remaining bidders plan to propose a court-mediated turnaround for the Japanese operations of the troubled auto parts maker, the Nikkei business daily reported on Thursday. The Tokyo Stock Exchange suspended trading in ... ( read original story ...)
Amazing images of Tokyo before it was a city
Plantation workers pick tea leaves in Tokyo, circa 1910s. Before Tokyo matured into the gleaming, dense city it is today, it was a small fishing village called Edo. Now home to over 13 million people, the Japanese capital has changed dramatically since ... ( read original story ...)
BRIEF-Claire's Inc files to withdraw IPO plans
TOKYO, Jan 18 Toshiba Corp is in talks to sell a minority stake in its flash memory business to U.S. chips business partner Western Digital Corp in a bid to boost its capital base, a source briefed on the discussions said on Wednesday. ( read original story ...)
Yahoo Japan defies calls to rethink ivory sales as Yahoo Inc CEO weighs in
TOKYO/SAN FRANCISCO (Reuters) - Yahoo Japan, the country's biggest online auction site, is rebuffing calls to end online ivory trading despite Yahoo Inc CEO Marissa Mayer's misgivings over facilitating a business blamed for the illegal slaughter of African ... ( read original story ...)
Rock, Paper, Scissors at Nikkei National Museum
An upcoming exhibition at the Nikkei National Museum explores connections between Canada and Japan in a unique multimedia installation. Rock, Paper, Scissors, by Cindy Mochizuki, opens at the museum on Saturday, Feb. 4. The multimedia installation includes ... ( read original story ...)