Takashi Umekawa
Stories by Takashi Umekawa
Japan’s Sumitomo Mitsui to acquire 5% stake in Jefferies for $380m
The move is part of SMFG's effort to strengthen its securities business in the United States.
Japan’s SMFG to buy 74.9% stake in Fullerton India for $2b
Last month, SMFG agreed to invest in Philippine lender Rizal Commercial Banking.
SoftBank turns to foreign banks as borrowing soars
Goldman Sachs and JPMorgan are among the Japanese company's biggest lenders.
Bain-led consortium to acquire Hitachi Metals for $7.5b
Hitachi Metals will be delisted from the Tokyo Stock Exchange.
Japan Post to sell part of Australian logistics arm Toll Holdings
Japan Post will sell loss-making Toll's delivery business in Australia and New Zealand to Allegro Funds.
Rakuten ropes in Japan Post as biggest shareholder in fight against Amazon
Rakuten, which plunged to an operating loss in 2020, is under pressure on multiple fronts.
Japan’s Panasonic to buy Blue Yonder for $6.5b in biggest deal since 2011
Panasonic currently holds a 20% stake in Blue Yonder.
PE firm Carlyle plans IPO for Japan’s WingArc1st, valuing firm at $475m
The company is likely to list by mid-March with a market capitalisation of around $475 million.
Japan’s Nomura ends financial adviser era, to move 1,500 jobs
Nomura introduced financial advisers in 1998, in a first for Japan's financial services industry.
Japan’s SMFG keen to buy bank in Indonesia after losing Permata bid last year
It lost out late last year to Thailand's Bangkok Bank in bidding for Permata.