Japan

Japan fintech investments fall to five-year low in Q1

There were only eight investment transactions during the quarter.

Japan fintech investments fall to five-year low in Q1

There were only eight investment transactions during the quarter.

The Invoice Data Exchange Accelerates SME Banking Innovation

Innovation opportunities for payment digitalization in Japan.

Japan’s Shizuoka Bank maintains strong loan quality as profits continue to be weak

The bank has the strongest capitalization amongst regional banks in Japan.

MUFG Bank joins think tank for CO2 and storage capture tech

CCS is expected to play a role in reducing CO2 emissions in the world.

Mizuho submits business improvement plan following tech failures

Mizuho most recently saw disruptions to its corporate online bank services on 11 January. 

Mizuho reports disruption in corporate online banking services

This comes almost a year after Mizuho suffered system failure in early 2021.

Profits of Japan's megabanks to rise in next 12-18 months

All three banks’ profits jumped over 60% for the first six months of the current fiscal year.

Japan’s rural banks embrace more risks in search of profits

Their greatest enemy is time as business opportunities need years to take fruit.

Japan’s MUFG sells US retail bank subsidiary to US Bancorp in $8b deal

It is exiting the retail banking business to refocus on corporate transactions.

Japan’s new PM a positive for banks’ earnings outlook: Jefferies

Banks’ credit costs are expected to undershoot their guidance.

Japan’s Mizuho suffers nationwide ATM glitch

This follows a series of technical problems since Friday.

Mizuho, IFC inks MOU to establish carbon facility

It will facilitate the purchase and sale of voluntary carbon credits.

Japan’s bank lending slowest in nine years: report

The slowdown reflects sluggish consumption as households hoard cash.

Japanese corporates’ loan demand shrunk in April-June: survey

Thirteen lenders noted that demand was moderately weaker than the preceding 3-month period.

Goldman Sachs Japan gearing up for move to new Tokyo HQ: report

This is in line with CEO David Solomin’s commitment to return to the office.

Chart of the Week: Japan’s credit card payments to grow 9.2% in 2021

Easing of restrictions, government support, and the Olympics will support growth.