Investigation shifts to ministry in Moritomo land scandal

OSAKA--Prosecutors have obtained a recording of a Finance Ministry official telling a school operator about efforts to reduce the sales price of state-owned land “closer to zero” as requested, sources said. The former director of the school operator ... ( read original story ...)

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Kagoikes indicted over fresh fraud charges

The team will next launch a full-fledged investigation into a breach of trust case over the sale of government-owned land in Toyonaka, Osaka Prefecture. The sale was by the Finance Ministry’s Kinki Local Finance Bureau to Moritomo Gakuen, for the site of ... ( read original story ...)

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Japan aims to raise around $12 bn in postal giant share sale

The selling price will be decided between September 25 and 27, the finance ministry said. Some 1.43 trillion yen was raised in an IPO nearly two years ago that included shares in Japan Post's banking and insurance units. It was the country's biggest ... ( read original story ...)

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Japan aims to raise $12 bn in postal giant share sale

Tokyo said it would sell up to 990 million shares in Japan Post, or about 22 percent of its outstanding shares, the finance ministry said in a statement. The sale could raise 1.3 trillion yen based on Monday's closing price of 1,321 yen. The sale price ... ( read original story ...)

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Japan’s Government to Sell $12 Billion of Japan Post Shares

The Ministry of Finance will sell 990.1 million shares in Japan Post, including an overallotment, it said in a statement on Monday. That amounts to 1.3 trillion yen, based on the most recent closing price. The public offering will be priced as soon as Sept. ( read original story ...)

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Japan Post Share Sale Will Use TV Ads to Target Individuals

That would make it the country’s largest share sale since the three-pronged IPO two years earlier. The government is reducing its stake to raise funds for the reconstruction of areas devastated by the 2011 earthquake and tsunami in northeastern Japan ... ( read original story ...)

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