JP may drop plan to acquire Nomura realtor
the-japan-news.com -- Jun 18
Japan Post Holdings Co. is likely to drop a plan to acquire Nomura Real Estate Holdings Inc., as its price is expected to be higher than initially estimated, informed sources said Saturday.

After the acquisition plan came to light last month, Nomura Real Estate shares surged on the Tokyo Stock Exchange, boosting potential acquisition costs.

Another miscalculation was Nomura Real Estate's opposition to the envisioned deal.

日本郵政が検討していた野村不動産ホールディングスの買収計画は白紙となる見通しになったことが分かりました。
News sources: the-japan-news.com, ANNnewsCH
Jun 22
Chinese bicycle-sharing startup Mobike has set up a subsidiary in Fukuoka city in southern Japan and plans to begin service later this year, it said on Thursday. (Reuters)
Jun 22
The Japanese government on Thursday upgraded its assessment of the economy in its monthly report for the first time since December. (marketwatch.com)
Jun 22
China's bond market will double in size from the current $9 trillion over the next five years, overtaking Japan's to become the world's second largest behind the United States', UBS Asset Management said in a report. (cnbc.com)
Jun 22
Tokyo Metropolitan Police have arrested two men in the alleged sexual assault of a female employee of a maid cafe in Akihabara earlier this year, reports Nikkan Sports (tokyoreporter.com)
Jun 22
Japanese virtual mall operator Rakuten said on Thursday it will open an online room-sharing marketplace now that the country is poised to lift a ban on room-sharing for travelers. (Nikkei)
Jun 22
Tokyo Metropolitan Police have arrested a male executive at Tokyo Broadcasting System (TBS) for allegedly pouring an illegal sex enhancement drug on the face of the woman earlier this month, reports TV Asahi (tokyoreporter.com)
Jun 22
On 19 June it was announced that three teens were arrested for the robbery and assault of a 20-year-old man. The victim was on his moped when a cigarette was put out on his face and his bike and helmet were stolen from him. (rocketnews24.com)
Jun 22
Sayako Kuroda, the daughter of Emperor Akihito and Empress Michiko, assumed the post of supreme priestess at Ise Jingu this week, the ancient Shinto shrine in central Japan said. (Japan Today)
Jun 22
Japanese authorities have created a new map of a remote island whose area has expanded through volcanic activity. (NHK)
Jun 22
Amazon Japan aims to build a team of 10,000 independent couriers in the Tokyo region by 2020 to continue offering same-day delivery service without relying on major parcel delivery companies. (Nikkei)