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United States

Junko Fujita

UPDATE 1-Bain Capital sweetens terms for Japan's Nichiigakkan with Effissimo support

Jul 31 2020

TOKYO, July 31 Bain Capital on Friday sweetened its terms for a $1 billion buyout of Japanese nursing home company Nichiigakkan Co as it gained support from activist fund Effissimo Capital Management.

Tokyo shopkeepers brace for another slowdown as coronavirus flares

Jul 10 2020

TOKYO Two straight days of record novel coronavirus infections in the Japanese capital have dashed shopkeepers' hopes that business can get back to normal any time soon.

Exclusive: Blackstone, Taisho Pharma among final bidders for Takeda's Japan OTC unit - sources

Jun 19 2020

TOKYO Blackstone, Bain Capital and Taisho Pharmaceutical are among the final bidders for Takeda Pharmaceutical's consumer drug business in Japan, a deal that could be worth up to 400 billion yen ($3.7 billion), three people familiar with the deal said.

UPDATE 1-Lim presses Nichiigakkan for extension in Bain's $1 bln offer

Jun 16 2020

TOKYO, June 16 Investment fund Lim Advisors is pressing Nichiigakkan Co's management to extend the offer deadline of Bain Capital's $1 billion buyout of the Japanese nursing home operator, according to a letter to Nichiigakkan's management.

Japan's Lixil sells household goods retailer as it refocuses after boardroom drama

Jun 09 2020

TOKYO Japanese luxury toilet maker Lixil Group Corp said it is selling its stake in household goods retailer Lixil Viva as it continues to streamline its operations following a high-profile boardroom drama last year.

Japan's Hoshino aims to revive virus-hobbled hotels through new investment fund

Jun 02 2020

TOKYO, June 2 Japan's Hoshino Resorts, operator of Hoshinoya luxury hotels, is seeking opportunities to revive hotels hit by the coronavirus outbreak and a delay in the Tokyo 2020 Olympic Games, its chief executive said on Tuesday.

As Japan slow-walks stimulus, small businesses fear collapse

May 14 2020

TOKYO For Japan's shell-shocked small businesses, a promised $1.1 trillion in stimulus is proving too little, too late, raising the likelihood of a surge in bankruptcies at companies that employ nearly three-quarters of the workforce.

Japan's Hoshino Resorts to shift its focus to domestic travellers

Apr 24 2020

TOKYO Hoshino Resorts, an operator of luxury Japanese-style hotels, plans to shift its focus to domestic travellers after a plunge in foreign visitors amid the coronavirus pandemic and a delay in the Tokyo 2020 Olympic Games, its chief executive said Friday.

REFILE-Coronavirus impact cuts Japan March hotel occupancy rate to lowest on record -research firm

Apr 10 2020

TOKYO, April 10 Japan's hotel occupancy rate tumbled to 30.5% in March, according to preliminary data from global hotel research firm STR, the worst monthly average in the latter's records as the coronavirus pandemic slashed numbers of people travelling.

Coronavirus impact cuts Japan March hotel occupancy rate to lowest on record -research firm

Apr 10 2020

TOKYO Japan's hotel occupancy rate tumbled to 30.5% in March, according to preliminary data from global hotel research firm STR, the worst monthly average in the latter's records as the coronavirus pandemic slashed numbers of people travelling.

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