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Takeda Sets Vote Date, Aims to Close US$62 Billion Shire Deal Jan. 8

  • Category:Tourism
CHANNEL NEWS ASIA
 
Japan's Takeda Pharmaceutical will hold an investor vote on its US$62 billion acquisition of Shire next month and aims to close the deal on Jan. 8, signaling its confidence in securing the required support.
LONDON: Japan's Takeda Pharmaceutical will hold an investor vote on it...

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Japan's Corporate Image Hit by Falsification Scandal: Poll

  • Category:Event
JAPAN TODAY
 
TOKYO  -  Almost three-quarters of Japanese firms said the recent data falsification scandal involving KYB Corp, a maker of earthquake shock absorbers, has hurt Japan's corporate image, a Reuters poll found, although few saw any impact on their businesses.
KYB last month admitted it...

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Suruga Bank Expected To Report Net Loss Of Up To ¥90 bil. For April-Sept.

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Scandal-hit Suruga Bank is seen reporting a net loss of up to ¥90 billion for April-September, against its current projection of a ¥12 billion profit, informed sources said Wednesday.
The expected loss for the first half of fiscal 2018 reflects a sharp increa...

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Starbucks Plans Expansion in Japan, Adds New Delivery Partnership

  • Category:Other
NATION'S RESTAURANT NEWS
 
The chain launches UberEats delivery and plans 300 new stores in the market
Starbucks is ramping up its growth in Japan with plans for hundreds of new stores as well as delivery and new mobile order and pay technology, the company said Thursday.
Starbucks plans to open ...

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Japan Approves Extension For Reactor Similar to Fukushima

  • Category:Other
BUSINESS REPORT
 
INTERNATIONAL - Japan’s nuclear regulator approved an extension of operations for a 40-year-old reactor near Tokyo that has the same basic design as those that melted down in the Fukushima crisis nearly eight years ago, a move that is likely to be controversial.
 
The reactor, T...

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Takeda CEO Confident Of Investor Backing for $62 Billion Shire Deal

  • Category:Other
TOKYO KEIZAI
 
LONDON (Reuters) - The boss of Japan's Takeda Pharmaceutical <4502.T> said on Monday he was confident of securing investor backing for its $62 billion acquisition of London-listed Shire <SHP.L>, despite some shareholders' fears about the resulting debt burden.
Buoyed by a strong se...

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Japan to Provide Loan to Help Malaysia Battle Debt Problem

  • Category:Tourism
WASHINGTON POST
 
TOKYO — The leaders of Malaysia and Japan agreed Tuesday that Japan will issue yen-denominated bonds of up to 200 billion yen ($1.8 billion) to help the Southeast Asian country battle its large government debt.
Japanese Prime Minister Shinzo Abe said Japan also will provide loan...

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Toyota Ups Earnings Forecast for FY18, Sees Record Sales

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Toyota Motor Corp. has revised up its consolidated earnings estimates for fiscal 2018 through next March, projecting record sales of ¥29.5 trillion, Toyota said Tuesday.
The upward revisions reflected a weaker-than-expected yen and an increase in global vehic...

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Scandal-tainted Suruga Bank to Gain Y250 Bil Credit Line from BOJ: Sources

  • Category:Other
JAPAN TODAY
 
TOKYO - Japan’s scandal-hit Suruga Bank will receive a credit line for as much as 250 billion yen ($2.2 billion) from the country’s central bank after seeing two quarters of deposit outflows, two people with direct knowledge of the matter said.
The mid-sized lender in central Japan ...

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Sales Start For Final Heisei New Year’s Postcards

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Ahead of the last New Year during the current Heisei era, Japan Post Co. launched sales of New Year’s lottery postcards for 2019 across the country on Thursday.
The Heisei era, which started in 1989, is set to end on April 30 next year with the Emperor’s abdi...

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