The stock opened at ¥2,116 and climbed to a high of ¥2,371, valuing the company at ¥546.3 billion ($3.65 billion).
Kokusai Electric Climbs After Japan’s Biggest IPO Since 2018
Japanese chip-equipment maker Kokusai Electric Corp. gained in Tokyo on Wednesday after the largest initial public offering in the country since 2018. Most Read from BloombergIsrael Latest: US ...
Kokusai Electric Becomes Biggest Japan IPO Since 2018
Kokusai Electric, a Japanese builder of tools for making semiconductors, went public on Wednesday in Tokyo's largest public offering in five years.
Japan’s Nikkei rallies broadly amid Wall Street gains, China spending
Japan's Nikkei share average rose strongly on Wednesday, continuing its rebound from a three-week low, as it tracked overnight gains on Wall Street amid solid earnings and robust U.S. economic data.
Kokusai Electric shares jump 29% in Tokyo debut
Kokusai Electric shares jumped 29% in their Tokyo market debut on Wednesday after private equity firm KKR sold shares in the chip equipment maker for $724 million in Japan's largest initial public ...
Japan’s automakers unveil EVs galore at Tokyo show to catch up with Tesla, other electric rivals
We love battery EVs.” Takero Kato, the executive in charge of electric vehicles at Toyota, said that not once, but twice, to emphasize what he considers the message at this year’s Tokyo auto show.
Wanted: 80-Year-Old Taxi Drivers to Ease Japan’s Labor Crunch
Would you trust an 80-year-old driver with your life on some of the developed world’s most complex streets? ( read original story ...)
Japan launches an antitrust probe into Google search business
Japan has decided to investigate Google Search, as antitrust probe has been launched. Google is in the middle of a court case in the US. ( read original story ...)
Kokusai Electric to Debut After Japan’s Biggest IPO Since 2018
IPO proceeds this year are about three times higher than the ... Kokusai Electric’s debut takes place amid geopolitical tension over chips, with the US government and allies such as Japan tightening ...
Tokyo’s All-Woman Crew Kazakh True Story ‘Madina’ Smashes Patriarchy: ‘We Face Sexism on a Daily Basis’ (EXCLUSIVE)
Aizhan Kassymbek's Kazakh film 'Madina,' world premiering at the Tokyo's Asian Future strand, aims to shatter patriarchy both on and off screen. ( read original story ...)
Next-generation EVs, flying cars on display at rebranded Tokyo auto show
TOKYO (Kyodo) -- Next-generation electric vehicles, flying cars and futuristic robots went on display at the rebranded Tokyo auto show on Wednesday, as automakers joined hands with wide-ranging industries to shine a light on the future of transportation. ( read original story ...)
Japan creates its own EV market of ‘light’ cars
“We launched a kei EV as it suits Japanese people’s everyday needs and road conditions here,” Keiko Kondo, Nissan’s chief marketing manager for Sakura’s domestic business, said in an interview. The ... ( read original story ...)
Tran Anh Hung Cooks up Tokyo Film Festival Masterclass With ‘The Taste of Things’
Vietnamese French director Tran Anh Hung mixed up food and romance with his Tokyo film festival Masterclass on Tuesday. ( read original story ...)
KKR poised for Kokusai payoff with largest Japan IPO since 2018
The American private equity firm acquired the business from Hitachi Kokusai Electric through a tender offer in 2018.
China roughly doubled the number of missiles it could use to go after US bases in Japan, new Pentagon report shows
China has approximately 1,000 medium-range ballistic missiles that put US forces in Japan well within range for a barrage, Pentagon estimates show. ( read original story ...)
Japan’s property market shows signs of overheating, central bank says
Japan's property market is showing signs of overheating because of an inflow of foreign money and growing investments by major real estate developers, the central bank warned on Friday. ( read original story ...)