Financial Insights That Matter (Bloomberg) — Japan must act immediately to improve its fiscal health as the risks of natural disasters mount and social security costs continue to increase, according to the International Monetary Fund’s mission chief for the nation. Most Read from Bloomberg “There is limited space today in Japan to address shocks,” warned […]
Mitsubishi books $342 million charge on Japan offshore wind projects #JapanFinance
Financial Insights That Matter By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) -Japan’s Mitsubishi Corp took a 52.2 billion yen ($342.4 million) impairment charge on its domestic offshore wind projects in the nine-month period ended in December, it said on Thursday. Mitsubishi leads consortia which won Japan’s first state-run wind auctions in 2021 to run […]
Japan finds new bright spots for investment in India #JapanFinance
Financial Insights That Matter New Delhi: Japanese investments in India are moving beyond the well-established patterns and are now exploring new avenues in financial services, electronics and telecommunications. According to Seiji Ota, partner at Deloitte India, Japanese investment patterns in India have evolved significantly over time. “While the automotive and diversified industrial sectors have historically […]
Profit, revenue decrease in April-December period for Japan’s Nikon #JapanFinance
Financial Insights That Matter A view of the Japanese optics and photographic equipment manufacturer logo on a company’s building in Duesseldorf. picture alliance / dpa Profit and revenue decreased in the nine-month period from April to December for Japanese camera and optics manufacturer Nikon compared to the same period of the previous year. Nikon reported […]
Bank of Japan must raise rates to 1% by latter half of fiscal 2025, board member Tamura says #JapanFinance
Financial Insights That Matter THE Bank of Japan must raise short-term interest rates to at least 1 per cent by the second half of fiscal 2025 to contain inflation risks, board member Naoki Tamura said on Thursday. Tamura, a former commercial banker known as among the most hawkish members of the board, said inflationary risks […]
The yo-yoing yen | World Finance #JapanFinance
Financial Insights That Matter Japan’s Prime Minister Fumio Kishida (right) with Bank of Japan Governor Kazuo Ueda as new yen banknotes are issued  Author: Jemima Hunter, Features Writer It may be overshadowed by the US dollar or euro, but the yen is the world’s third most traded currency, accounting for 13 percent of global foreign […]
Japan’s lenders have turned the corner #JapanFinance
Financial Insights That Matter Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For years, Japanese banks have been the ultimate value trap — cheap on paper, flush with cash and backed by rock-solid balance sheets, yet consistently underwhelming for global investors. The sector […]
Japan’s Toyota announces EV and battery push in China and U.S., as its quarterly profit surges #JapanFinance
Financial Insights That Matter TOKYO (AP) — Toyota (TM) is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government. Toyota Motor Corp. also announced it will start producing batteries for EVs, hybrids and plug-ins at a new $14 billion facility in […]
Japan Wages Grow Most Since 1997, Helping BOJ Rate Path and Yen #JapanFinance
Financial Insights That Matter (Bloomberg) — Japanese nominal wages rose at the fastest pace in nearly three decades, supporting the Bank of Japan’s latest rate hike decision and keeping it on track for further tightening steps. Most Read from Bloomberg Nominal cash earnings for workers climbed 4.8% in December from a year earlier, up from […]
Japan to monitor impact of Trump tariffs on yen #JapanFinance
Financial Insights That Matter Japan intends to closely monitor the impact on its currency of US President Donald Trump’s new tariffs and is worried about the international fallout from the trade imposts, Japanese Minister of Finance Katsunobu Kato said. “We need to carefully see how the exchange rate and other factors will be affected and […]