Shares in SG Holdings — operator of Japan’s second-largest parcel delivery company by volume, Sagawa Express — could rise in value by as much as 27 percent within a year after its debut this month, as investors bet on solid earnings helped by ... ( read original story ...)
Japan bank sets up ecozones in Marawi to help small biz
THE Department of Finance (DOF) said the Sumitomo Mitsui Banking Corp. (SMBC) has expressed its willingness to support the rehabilitation of war-torn Marawi City by setting up economic zones (ecozones) that will help support small businesses in the area. ( read original story ...)
Japan Investors Shy Away From Aussie as Yield Spread Shrinks
according to the Investment Trust Funds Association of Japan. The Aussie has weakened against all except one of its Group-of-10 counterparts in the past month as slowing growth pushes back expectations for when the Reserve Bank of Australia will raise ... ( read original story ...)
Bank of Japan is resolved to keep ultra-easy policy, says Kuroda
Tokyo: The Bank of Japan does not plan to change its massive stimulus programme and will "immediately act" if risks to the economy undermines the momentum toward achieving its inflation target, central bank Governor Haruhiko Kuroda said on Monday. ( read original story ...)
Japan may cut corporate tax rate to 20% through incentives
TOKYO -- The Japanese government is considering rewarding businesses that increase wages and invest in productivity growth by offering tax breaks that could lower their effective tax rates to as low as 20% or so. A draft proposal for the tax breaks states ... ( read original story ...)
Kuroda Gives Japan’s Long-Suffering Bond Traders 2018 Hope
That’s why a couple of throwaway lines from Bank of Japan Governor Haruhiko Kuroda in a Zurich speech last month has brought some cheer to Japanese government bond market players keen to close the books on 2017. It’s poised to become the first full ... ( read original story ...)
Japan’s corporate cash hoarders crack open the safe
Cosmetics brand Shiseido in October unveiled plans to construct a new factory in Japan, the first time the company is building such a facility on its own turf in 36 years. According to a survey conducted by The Nikkei, total capital spending by Japanese ... ( read original story ...)
Japan may join space station project aimed at manned moon landings
TOKYO (Kyodo) -- Japan will consider joining a U.S.-proposed project to build a new space station in orbit around the moon, hoping that it will boost the chances of sending Japanese astronauts to the lunar surface, government officials said Friday. ( read original story ...)
Japan’s biggest IPO of 2017 may deliver almost 30pc in a year
With the indicative price range set at ¥1,540 to ¥1,620, book-building is under way for what could be Japan’s biggest initial public offering this year as SG debuts its shares on Tokyo’s exchange on December 13. The IPO comes as optimism over global ... ( read original story ...)
Japan ponders Imperial succession for modern times
TOKYO -- As Japan prepares for the first abdication of an emperor in two centuries, it is wrestling with the question of how to handle this unusual handover in an era when the monarch is regarded as a symbol rather than a living god. No modern precedent ... ( read original story ...)
Melco Resorts Makes Japan Its No. 1 Priority
Estimates of Japan's casino-gaming market range from $25 billion to $40 billion, which would make it the No. 1 or No. 2 market out of the gates. Given the potential, casino companies are pulling out all the stops to win a license, promising to spend up to ... ( read original story ...)
Japan’s Economy Is Still Outrunning Its Potential Growth Rate
Inflation is rising, with prices excluding fresh food increasing in October by the most in more than two years, but at 0.8 percent it remains far off the Bank of Japan’s 2 percent target. Tepid consumption makes companies cautious about raising prices ... ( read original story ...)
Nissan’s Japan car sales slide for second month after compliance scandal
Japan's second-biggest automaker has previously said it would take a month or so until production returns to regular levels. Its sales of passenger cars, excluding minivehicles, tumbled 46.8 percent in November from a year earlier to 16,888 vehicles ... ( read original story ...)
How To Finance A War?
War is a costly venture. Before engaging in combat a nation needs to consider how it will finance expanding its military forces. The graph below shows Japan’s extensive military funding. With a government debt reaching over 400% of GDP, it surpassed all ... ( read original story ...)
Nikkei edges down in choppy trade; Sharp soars
TOKYO, Dec 1 (Reuters) - Japan's Nikkei share average edged down on Friday morning, trimming earlier gains in choppy trade and led lower by real estate stocks, though Sharp Corp soared after it announced a return to the bourse's main board. Traders said ... ( read original story ...)
Kuroda Gives Japan’s Long-Suffering Bond Dealers Hope for 2018
That’s why a couple of throwaway lines from Bank of Japan Governor Haruhiko Kuroda in a Zurich speech last month has brought some cheer to Japanese government bond market players keen to close the books on 2017. It’s poised to become the first full ... ( read original story ...)