Japan

Mizuho Bank invests $3.5m in metal parts and 3D printer startup

The metal parts produced are used in various sectors, like aerospace.
3 days ago

Mizuho Bank invests $3.5m in metal parts and 3D printer startup

The metal parts produced are used in various sectors, like aerospace.
3 days ago

MUFG boosts energy market presence with trading approvals, stake buy

It has clinched approvals from TOCOM and the Japan Securities Clearing Corporation.

MUFG to support info and comm infrastructure projects in Uzbekistan

MUFG will work with authorities to increase capacity for organising internet channels, amongst others.

Japan’s Rakuten Bank surpasses $74.75b in deposits

The bank reported over 16 million accounts as of July 2024.

Japan’s SMFG reports higher Tier 1 capital and ratio for 2024

But its total capital ratio was slightly lower than a year ago.

Japan’s card payments market value to grow 10.8% in 2024

Credit and charge cards made up 96.5% of all card payment transactions.

Mizuho Bank’s Tier 1 Capital Ratio at 14.26% in June

This is 0.66 percentage points (ppt) higher than in March 2024.

Higher interest and fees lift Japan’s SMFG to record profit for Q1

Net interest income is expected to rise by a further JPY100b.

Norinchukin Bank redeeming over $4.6b of perpetual loans

The redemption is part of the bank's efforts to improve its investment portfolio.

Japan’s Norinchukin reports profit loss of $2.75b in Q1

It attributed the loss to low-yielding asset sales, part of its portfolio improvement efforts.

Higher profits propel Mizuho’s net income to 44% rise in Q1

Credit-related costs fell 28.7% during the first three months of FY2024.

Japan’s Concordia FG sees strong loan growth and improving profits

Its strong franchise base in Kanagawa Prefecture is an advantage.

MUFG, subsidiaries submits business improvement plans to authorities

MUFG also apologised to its customers and stakeholders.

Growing fees, higher rates lift Sumitomo Mitsui Trust Bank’s profits

SMTH’s low-risk asset portfolio meant that profitability is weak.