Japan
Japan’s SMBC invests in biotechnology fund
Japan’s SMBC invests in biotechnology fund
ANV aims to create global biotech companies of Japanese origin.
21 hours ago
Natixis CIB to establish banking branch in Japan
Its Tokyo branch had operated under a money lending license for three years.
1 day ago
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.
4 days ago
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 to make additional $4.74m cash contribution into Trust company
It plans to acquire a maximum of 197,000 shares.
Mizuho teams up with Mercer to offer outsourced CIO services in Japan
Mizuho’s Asset Management One will provide the services.
Mizuho Financial Group’s profits rise to record high JPY885.4b in FY2024
Annual dividend is JPY140 per share.
SMBC board opposes proposals to amend articles on financial and climate risk
The board said that the proposals are inappropriate.
Mizuho joins initiative to promote sustainable aviation fuel adoption in APAC
It is the only Japanese company amongst founding members.
Mizuho signs MOU with Abu Dhabi Investment Office
Mizuho plans to support clients interested in expanding into the UAE.
Japan’s Chiba Bank to maintain strong long quality, profitability: Moody’s
Its NPL ratio is lower than the average of large regional banks in the country.
Japan Post Bank to begin offering disaster recovery housing loans
The 41 branches with a loan service department will begin offering the service.
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He advises that fintechs must align tech investments with business goals and evolving customer expectations.
