Japan

Japan’s megabanks brace for lower earnings growth on US uncertainties

They only expect a 7.9% net income growth, lower than the 25.3% previously.
3 days ago

SMBC invests in space transport and satellite integration startup

The megabank seeks to help grow Japan’s space industry.
3 days ago

Citi nabs Nomura senior MD as co-head of investment banking in Japan

Citi managing director Taiji Nagasaka will lead alongside new hire Akira Kiyota.

SMBC becomes strategic partner of TOMODACHI Initiative leadership program

The next program will involve 20 university undergraduate students in Japan.

Japan’s SMBC invests in biotechnology fund

ANV aims to create global biotech companies of Japanese origin.

Natixis CIB to establish banking branch in Japan

Its Tokyo branch had operated under a money lending license for three years.

Shoko Chukin Bank face high problem loans but profitability improving

The higher problem loans ratio may be due to its focus on the SME segment.

MUFG invests in May Mobility for autonomous vehicle deployment

MUFG will help the company scale its fleet to thousands of vehicles, it said.

MUFG partners with Kodansha, CREDEUS team up to fund film productions

They will fund live-action film series adaptations of Kodansha-published works.

SP Payment Service buys 13.8% of Nomupay’s shares for $40m

They aim to process client businesses’ payments in Asia and globally.

Japan Post Bank logs $2.86b net income for FY2025/3

The dividend is JPY58, with a dividend payout ratio of 50.6%.

SMFG to merge cloud service Sustana in business partner Asuene’s products

Sustana provides the Japanese bank’s clients calculations of GHG emissions.

Norinchukin reports $12.6b loss for FY2024

It aims for a JPY30b to JPY70b net income for FY2025.

Mizuho teams up with Mercer to offer outsourced CIO services in Japan

Mizuho’s Asset Management One will provide the services.