Japan
Japan retail banking to hit $227b by 2033
Japan retail banking to hit $227b by 2033
Market revenue stood at $143.7b in 2024 with 5.2% annual growth projected.
Norinchukin Bank to accept $36.37m capital subscription
Nochu recently announced plans to support affiliate JA Mitsui Leasing.
Norinchukin Innovation Fund invests in Mooji Meats
Mooji Meats’ plant-based steak products are sold under the Offbeast brand.
SMBC to launch new startup video pitch platform as deal flow source
GoAhead invests in seed and early stage startups.
MUFG’s profit up 3.7% to $11.5b in 9M 2025 as operating profit nearly triples
Net operating profit and net income have reached over 80% of full-year targets.
MUFG launches Artemis Ventures with $318.9m equity fund target
It will invest in mid-to-late stage startups, primarily those based in Japan.
Mizuho hits 90% of profit target in 9 months as net income tops $6.4b
Its expanded share buyback shows confidence in its capital base.
Japan Post Bank flags $23.47b unrealised securities losses to Dec
The book value of the securities is JPY29.86t.
Norinchukin fortifies JA Mitsui Leasing after $968m fraud allowance
Norinchukin is in talks with SMBC and other major banks to provide loans to JAML.
MUFG launches the Slim Course pension plan in iDeCo system
It offers zero management fees and aims for the industry’s lowest operating costs.
SMFG profit up 22.8% to $8.99b in 9M on higher income
It forecasts an annual cash dividend of JPY157 for the fiscal year.
MUFG Bank invests in GLIN Impact Capital 2 to back ESG growth
The investment aligns with the bank’s medium-term business strategy.
Japan Post Bank merges investment arms to form new asset manager
JP Asset Management will be the surviving entity.
Mizuho and Fujitsu automate 70% of SME order processing tasks
It streamlines 70% of order processing tasks by elimination manual input and conversion work.
MUFG deploys real-time anonymization across unstructured data
On-premises processing keeps MUFG data off external clouds
SMBC invests in Rakuten Medical cancer therapy venture
The investment was part of the bank’s social value creation investment fund.
Citi names Yuko Nakayama as head of ECM for Japan investment banking
The ECM team in Japan will report to Nakayama.
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?