The Osaka-based Nissin Food is also the second largest dim sum ... Gross profit margin increased from 34.1 percent to 39.6 percent in the same period. Net proceeds from the IPO will be used for upgrading and further expanding of production plants and ... ( read original story ...)
Japan’s five steps to a 5G world
On May 29, Kazuhiro Yoshizawa, president and CEO of Docomo, highlighted the new business opportunities 5G will create in a keynote speech to the Global Digital Summit 2017, a Tokyo event co-hosted by Nikkei Inc. and Japan's communications ministry. ( read original story ...)
Ex-Moritomo Gakuen boss to be investigated for alleged fraud
OSAKA – Prosecutors are set to search sites this weekend ... the prosecutors have received a separate criminal complaint filed against a local finance bureau official, alleging breach of trust. The public uproar over the case resulted in the school ... ( read original story ...)
Japan Post to drop talks to buy Nomura Real Estate: Nikkei
TOKYO Japan Post Holdings Co (6178.T) will probably scrap talks to buy Nomura Real Estate Holdings Inc (3231.T) as the two companies struggle to agree on the terms, the Nikkei business daily reported on Saturday. The potential deal was first reported by ... ( read original story ...)
World stocks rise after Greek deal, Japan rate decision
Asian stocks were mixed Friday as a tech sell-off overnight on Wall Street shaded sentiment among investors who continued to focus on central bank decisions, including an upcoming decision in Japan. Hang Seng rebounded 0.4 percent to 25,662.27 after ... ( read original story ...)
World stocks rise as Bank of Japan’s lax policy unchanged
World stocks are mostly higher Friday after Japan's central bank kept its ultra-lax monetary stance intact, lifting Asian sentiment and propping up the dollar. News of another Greek bailout shored up European shares. KEEPING SCORE: European shares rose in ... ( read original story ...)
Nikkei rises for 1st time this week on weak yen; Takata trade suspended
TOKYO, June 16 Japan's Nikkei share average rebounded on Friday morning, rising for the first time in the week as the dollar bounced against the yen after solid U.S. data, while financial stocks attracted strong gains. Trading in Takata Corp stock was ... ( read original story ...)
Bank of Japan keeps policy steady, upgrades economic outlook
The Bank of Japan has opted to keep its lax monetary policy intact, while noting signs of improvement in the world's third largest economy. A BOJ statement issued Friday said it expects demand to accelerate, supporting a "moderate expansion." The central ... ( read original story ...)
Japan’s ruling bloc rams through conspiracy bill
but there is a clear trajectory" toward making pacifist Japan a more normal country. Still, the bill has sharply divided the public, with a recent Nikkei poll showing 44% in favor and 37% against. Lately, hundreds of protesters have been gathering outside ... ( read original story ...)
Japan readies whaling law to counter activists
TOKYO -- A bill promoting Japan's research whaling program moved closer to enactment this week, potentially giving the government new tools to fend off conservationists and increase the consumption of whale meat. A committee in the upper house of the Diet ... ( read original story ...)
Japan Exporters, Banks Slide Before BOJ Meeting; Defensives Gain
Shares in Tokyo slipped as the yen held gains against the dollar before the Bank of Japan’s monetary policy meeting on Friday. Financial shares and exporters slid, weighing most on the benchmark Topix index. Defensive stocks including builders ... ( read original story ...)
Shhh…The Bank of Japan Is Buying Fewer Bonds
Don’t look now, but Japan’s central bank is slowing its vast bond-buying exercise. The Bank of Japan bought just ¥7.89 trillion ($71.6 billion) worth of Japanese government debt last month, according to J.P. Morgan. While that sounds like a lot, it is ... ( read original story ...)
Robotics startup ZMP partners with Tokyo taxi firm for 2020 self-driving car plans
It hopes to test autonomous cars without a driver this year. Taniguchi declined to comment on ZMP's IPO plans. He had said in February that ZMP hoped to list in Tokyo in the coming months, after a delay last year due to client information being leaked on ... ( read original story ...)
500 Startups closes $35M Japan fund with the backing of the Japanese government
“[Cool Japan’s involvement] is symbolic in a way because there ... who in the past would push for an exit via IPO as a risk-averse way to ensure a return on investment. “Historically if you wanted to do a $20 million-$30 million round you didn ... ( read original story ...)
Italy’s state railways picks Nomura as adviser for listing -sources
MILAN, June 14 Italian state railways Ferrovie dello Stato (IPO-FERRO.MI) has picked Japan's Nomura as adviser to help it prepare for a possible listing on the Milan stock exchange, two sources close to the matter said. The rail operator, wholly owned by ... ( read original story ...)
Nikkei edges up tracking Wall Street; activity subdued ahead of Fed
TOKYO, June 14 Japan's Nikkei share average rose on Wednesday morning tracking overnight gains on Wall Street, but activity was subdued ahead of the Federal Reserve's monetary policy decision. The Nikkei rose 0.3 percent to 19,953.33 in midmorning trade. ( read original story ...)