Japan

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

It named IT transformation a major management priority.
3 days ago

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.

MUFG Bank invests in Satellite Data Services

SDS will begin to commercialise its data services.

Citi invests in Japan’s Sakana AI

Citi says the investment will help Sakana AI in its international expansion.

MUFG and JICT to jointly promote autonomous driving deployment

The two companies have invested in US-based May Mobility.

Norinchukin logs $636.78m profit for Apr-Dec 2025

Full-year profit will come lower as Nochu foresees a potential portfolio rebalance.