OTSKY), which raised $2.4bn in Tokyo back in 2010. It is more than its size that makes this deal far from a typical listing. The IPO was not a step on the corporate development path, or a source of capital for a growing company. Instead it was an exit for ... ( read original story ...
China outperforms in dismal 2016 IPO market
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 ...)
Alaska opens trade, pipeline office in Tokyo
Alaska - The state of Alaska has opened an office in Tokyo to help promote trade and advance a long hoped-for natural gas pipeline project. The office and the hiring of Masatoshi Nick Shiratori to direct it was only announced to companies doing business ... ( read original story ...)
Toshiba eyes stake sale in chip business as writedown looms: source
TOKYO Toshiba Corp (6502.T) wants to sell a minority stake in its core semiconductor business and is considering potential buyers including U.S. partner Western Digital Corp (WDC.O), a source said, as the Japanese group prepares for a multi-billion-dollar ... ( read original story ...)
Panasonic aims to move Tesla auto partnership beyond batteries: CEO
OSAKA: Panasonic Corp aims to extend its partnership with electric car maker Tesla Motors Inc beyond batteries and into self-driving technology, as the Japanese conglomerate continues to shift its focus to the automotive business. The electronics maker has ... ( 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 ...)
Johanna Konta impresses opponent Naomi Osaka during Australian Open victory
Johanna Konta uses big words, according to Naomi Osaka, but the British number one had bigger shots too in her straight-sets win over the Japanese at the Australian Open. Osaka is widely considered a future star of the women's game, with her booming serve ... ( read original story ...)
Japan business mood up on growth prospects, wary on outlook – Reuters Tankan
TOKYO (Reuters) - Japanese manufacturers' morale rose for a fifth straight month in January to a 2-1/2 year high and the service sector's mood jumped to its highest levels since mid-2015, a Reuters poll showed, thanks to a weak yen and buoyant share prices. ( read original story ...)
Right-Wing Hoteliers in Japan Anger China With Radical Historical Views
TOKYO — She is the colorful face of Japan’s largest hotel chain, known for her garish fashion sense and business books with titles like “I Am a President.” He is the darker side of the partnership: a right-wing polemicist who has leveraged the ... ( read original story ...)
Nagoya Protocol Implications For Health, Flu Genetic Data On WHO Board Agenda
IP-Watch is a non-profit independent news service, and subscribing to our service helps ... recently published its analysis about the public health implications of the Nagoya Protocol on genetic resources access and benefit-sharing, and in particular ... ( 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 ...)