Japan

Japan Post Bank flags $27.07b securities losses for FY2026

Japan Post Bank flags $27.07b securities losses for FY2026

It does not expect the losses to have any impact on its earnings or annual dividend.
1 day ago

Mizuho, Nomura and partners launch blockchain trial for bond collateral

The project will test whether the transfer of rights and updates to book-entry transfer records can be executed using blockchain.

Crédit Agricole shifts 350 staff into new Japan office

The group has opened a workplace on the 50th floor of Azabudai Hills Mori JP Tower.

SMFG completes acquisition of US-based Air Lease Corporation

Sumitomo Corporation now holds 47.51% of voting rights.

MUFG breaks ground on new HQ with 2030 target completion

It will have a total floor area of about 169,000 square meters.

SMFG targets 15% ROTE with new medium-term plan and vision

It named IT transformation a major management priority.

Mizuho Bank completes merger with research & tech unit

Research and consulting functions are now under the Mizuho Research Institute brand.

MUFG to build models for film and animation loans

MUFG will design models for valuation and completion guarantees needed to secure loans.

Mizuho teams up with asset managers to expand investment products

They will develop and distribute new products as well as personal exchanges.

Japan corporate banking hits $34b by 2032 amidst strain

The market climbed to $8.9b in 2024 whilst legacy tech remains a hurdle.

Japanese banks avoid $550b US investment hook for now

The JBIC would likely do the initial heavy lifting.

Mizuho pivots to automated reporting to meet Japan’s new IFRS 9 standards

It will use FIS’ balance sheet manager solution to assess credit losses.

PayPay prices Nasdaq IPO at $16 to raise $880m

It's over 54.98 million shares on offer are priced at $16 per share.

JCB to explore commercialisation of UWB payments

Smartphones with UWB functions are widely available in Japan, JCB said.