Business | Page 2

SoftBank's Arm soars nearly 25% in market debut to $65 billion valuation
Reuters - Sep 15
Shares in SoftBank's Arm Holdings (ARM.O) soared almost 25% above their offer price in their Nasdaq debut on Thursday, valuing the British chip designer at $65 billion in its return to the public markets after seven years.

Mazda takes pre-orders in Japan for MX-30 with rotary engine
NHK - Sep 15
Mazda Motor has started taking orders from its customers in Japan of a plug-in hybrid version of the MX-30, which uses a rotary engine.

Seven-Eleven phases out toothpicks
News On Japan - Sep 13
Convenience store giant Seven-Eleven has removed toothpicks from its disposable chopstick wrappers.

Final Fantasy maker’s 30% plunge may be just the beginning
Japan Times - Sep 13
Square Enix Holdings has shed nearly $2 billion of its value since Final Fantasy XVI, the latest installment of its global hit series, came out to mixed reviews. Now investors wonder whether one of the games industry’s most remarkable runs is coming to an end.

Logistics giant Yamato accelerates roll out of EV truck fleet
News On Japan - Sep 13
Yamato Transport has announced the introduction of approximately 900 new models of small electric vehicle (EV) trucks nationwide in an effort to contribute to a decarbonized society.

Could Japan become the surprise growth story over the coming decade?
livewiremarkets.com - Sep 13
What do US treasury yields, Japanese bond buyers and the yen have to do with commodity prices? Well, maybe a lot more than you think.

Mitsubishi UFJ Trust & friends establish new digital securities company
News On Japan - Sep 12
Eight financial and IT companies, including Mitsubishi UFJ Trust Bank and Sumitomo Mitsui Trust Bank, announced on Monday the joint establishment of a new company in October to streamline the overall exchange of assets, including securities transactions and inter-corporate settlements.

Treasury yields rise as Japan's 10-year rate reaches highest in roughly a decade
morningstar.com - Sep 11
Treasury yields were slightly higher Monday morning after Bank of Japan Gov. Kazuo Ueda hinted at a possible end to negative interest-rate policy.

Asahi drops Johnny's following sexual harassment revelations
News On Japan - Sep 09
Asahi Group Holdings, a major player in the beverage and food industry, has decided not to use talent affiliated with Johnny's Entertainment due to sexual abuse allegations of former president Johnny Kitagawa.

Japan's resurgent real estate market: A haven for Singapore investors
Business Times - Sep 09
When it comes to the commercial real estate (CRE) market, Japan stands as the third most sought-after investment destination in Asia-Pacific for Singapore investors, trailing the Chinese mainland and Australia, albeit by a considerable gap.

Horie buys radio station 'CROSS FM', becomes new chairman
News On Japan - Sep 08
Takafumi Horie, Fukuoka-born entrepreneur and founder of Livedoor, is set to assume the role of chairman at the radio station 'CROSS FM' in Kitakyushu City.

China's economic gloom hangs over Japan's long-awaited recovery
Japan Times - Sep 07
Policymakers in Tokyo believe China's deepening economic woes could hit Japan's fragile recovery, especially if Beijing fails to shore up demand with meaningful stimulus, potentially delaying an exit from ultraloose monetary policy.

Japan watching sharp forex moves after yen falls to 10-month low
Kyodo - Sep 07
Japan is monitoring foreign exchange moves with a sense of urgency and will consider timely action if the yen's moves become volatile, its top currency diplomat said Wednesday after the yen hit a fresh 10-month low against the U.S. dollar overnight.

Toyota launches its first ever SUV version of Century luxury model
NHK - Sep 07
Japan's Toyota Motor has unveiled the first ever SUV edition of its Century luxury model.

South Korea set to price debut yen bond in Japan
Bloomberg - Sep 07
South Korea is poised to price its first yen bond in Japan. This is a move that highlights warming relations between the two countries.

Noriyuki Higashiyama likely to become new president of Johnny's
News On Japan - Sep 05
Performer Noriyuki Higashiyama is likely to take over from Julie K. Fujishima as president of scandal-plagued Johnny & Associates, Inc., ending a six-decade-long rule over the talent agency by the Kitagawa family, according to a report by Bunshun Online.