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Finbarr Flynn
BUSINESS
Sep 29, 2015
Japan’s cheap debt, aging population prompt ex-banker to shift focus
Saburo Nishiura is using Japan’s record-low borrowing costs to turn the nation’s shrinking population to his advantage.
BUSINESS / Companies
Aug 24, 2015
To Nomura, Fannie and Freddie are bright spot in struggle abroad
Nomura Holdings Inc. is doggedly expanding in a U.S. bond market that pays fees as low as 0.003 percent, even as it slashes its number of employees in London and one of its biggest shareholders says to get out of unprofitable overseas businesses.
Japan Times
BUSINESS / Markets
Aug 6, 2015
Mizuho’s Wall Street itch revealed in huge Actavis deal
When Actavis was preparing to buy Allergan, it gave Mizuho Financial Group Inc. a weekend to decide if it wanted to help come up with $46 billion in loans to back the deal, which had been code-named Project Fruit Basket.
BUSINESS / Companies
Jul 9, 2015
SMBC Nikko aims to hire rare experts to manage riskier bank debt
Sumitomo Mitsui Financial Group Inc. is seeking as many as six new hires for a team specializing in underwriting bonds issued by banks that would insulate taxpayers from costs if the lenders later fail.
BUSINESS / Companies / FOCUS
Jul 7, 2015
Sharp’s future relies on Apple after Japan banks extend lifeline
Sharp Corp. forked over some of its equity to banks last week after defaulting on debt to the lenders, winning a new lease on life that leaves it dependent on their goodwill and the support of Apple Inc., its biggest customer.
Japan Times
BUSINESS / Markets
Jul 2, 2015
Mega-banks plan riskier bond sales up to ¥4 trillion
Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. plan to bolster their balance sheets by introducing bonds that offer investors enhanced returns at greater risk.
Japan Times
BUSINESS / Companies
May 13, 2015
Toshiba default risk surges most in Japan on accounting probe
An accounting probe of Toshiba Corp.’s infrastructure and energy projects caused its default risk to jump the most in Japan, just as the creditworthiness of Sharp Corp. and Sony Corp. had been improving.
BUSINESS / Markets
Apr 30, 2015
Investors seek out risky U.S. loans in throwback to pre-crisis days
Japanese investors are plowing back into the same types of risky U.S. corporate-loan investments that caused them losses during the 2008 financial crisis.
Japan Times
BUSINESS
Apr 16, 2015
Bubble-era missteps shape Tokio Marine’s property strategy
Tokio Marine Holdings Inc., one of the nation’s oldest insurers, is joining its Chinese peers in investing in property overseas — but with a twist.
BUSINESS / Markets
Feb 23, 2015
Blackstone draws Tokyo junk investors amid warnings of froth
Blackstone Group LP filled a Tokyo ballroom earlier this month with locals seeking riskier U.S. loans as regulators in New York try and avert a credit bubble.
Japan Times
BUSINESS / Economy
Jan 27, 2015
Nomura says ‘Abenomics’ more likely to derail amid doubt over tax pledge
Nomura Holdings Inc. says the probability that Prime Minister Shinzo Abe’s economic policies will end badly is increasing.
BUSINESS / Companies / ANALYSIS
Dec 22, 2014
Refiners Idemistu and Showa Shell in talks for tie-up
Shares in Japanese refiners surged on Monday after two of the largest said they were discussing a tie-up, as falling demand for fuels spurs the industry to consider consolidation.
BUSINESS / Markets
Oct 22, 2014
Ebola raises airline bond risk, similar to SARS scare
The bond risk of ANA Holdings Inc. rose the most of any company in Japan as the spread of Ebola to two health workers in the U.S. rekindled memories of the severe acute respiratory syndrome (SARS) epidemic in 2002 and 2003.
BUSINESS / Economy
Sep 5, 2014
‘Abenomics’ at risk as firms put brakes on spending, hoard their cash
Japanese companies from NTT Docomo Inc. to Honda Motor Co. are putting the brakes on spending as they pile up cash, showing the challenge Prime Minister Shinzo Abe’s new Cabinet faces in reviving the economy.
BUSINESS
Aug 29, 2014
Yen at 120 needed to fuel inflation, UBS exec says
The new chief investment officer for Japan at UBS AG’s wealth management division likens the nation to a man with $1.2 million in debt who is spending all his $53,000 salary and still borrowing $40,000 a year.
BUSINESS / Markets
Aug 21, 2014
Deutsche Bank lays seeds for future with warrants in Japan
Deutsche Bank AG is helping smaller Japanese companies less able to access the bond market raise money using warrants, as it searches for investment banking clients to generate future business.
BUSINESS / Markets
Jul 31, 2014
Loan funds lure companies missing out on Abe rebound
As Prime Minister Shinzo Abe’s stimulus helps push banks’ lending rates under 1 percent, funds are targeting a debt market paying 10 times that.
Japan Times
BUSINESS / Companies
Mar 14, 2014
Automakers luring Japan’s interest-hungry banks to Mexico
Investments by Honda Motor Co. and Nissan Motor Co. that look set to make Mexico the biggest car exporter to the U.S. are giving Japanese banks a chance to escape from the world’s lowest yields.
Japan Times
BUSINESS / Companies
Jan 22, 2014
BOJ misfire seen in regional banks’ turn to aircraft loans
Chugoku Bank Ltd. wants to get into the global airline debt market after loans to local businesses fell for a fourth straight year.
Japan Times
BUSINESS / Companies
Dec 17, 2013
Tepco bonds a safe bet now: Nomura
Nomura Holdings Inc. is urging investors buy Tokyo Electric Power Co. bonds after a report that the government plans to cap the utility’s cleanup costs at the wrecked Fukushima No. 1 nuclear power plant.

Longform

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What Yokoze can teach Japan about rural revival