Edition:
United States

Junko Fujita

Chief of Japan's state-backed JIC resigns amid pay dispute

Dec 10 2018

TOKYO The head of the state-backed $18 billion Japan Investment Corp (JIC), Masaaki Tanaka, said on Monday he and eight other board members would resign citing distrust of the trade ministry after a dispute over their pay.

Baring Private Equity Asia to buy Japan's Pioneer for $900 million

Dec 07 2018

TOKYO Baring Private Equity Asia will buy cash-strapped Japanese electronics firm Pioneer Corp for $900 million, in a two-stage investment that marks the latest attempt by the country's car navigation system makers to survive.

UPDATE 2-HK fund Oasis fails to block takeover of Japan's Alpine

Dec 05 2018

* HK fund fails to garner enough shareholder support to block sale

Japanese state-backed fund in executive pay dispute

Dec 03 2018

TOKYO Japan's relationship with state-backed Japan Investment Corp (JIC) has been damaged by excessive pay demands, an economy ministry official said on Monday.

Former Nissan executive Kelly denies financial misconduct allegations: lawyer

Nov 29 2018

TOKYO Nissan Motor Co’s former representative director Greg Kelly denies allegations of financial misconduct at the automaker, his lawyer said on Thursday.

Former Nissan executive Kelly denies financial misconduct allegations - lawyer

Nov 29 2018

TOKYO Nissan Motor Co’s former representative director Greg Kelly denies allegations of financial misconduct at the automaker, his lawyer said on Thursday.

Carlyle hires Morgan Stanley banker for Japan operations - sources

Nov 01 2018

TOKYO, Nov 1 Private equity firm Carlyle Group has hired a senior official from Morgan Stanley for its Japan operations as it shifts target to spin-offs of businesses by large Japanese companies, two people with knowledge of the hiring said.

Japan's $20 billion state-backed fund seeks to team up with global PE firms

Oct 24 2018

TOKYO Newly formed Japan Investment Corp (JIC), armed with $20 billion of government money, wants to team up with global private equity firms to invest in Japanese companies to boost the nation's competitiveness, the head of the organization said on Wednesday.

Turkey's Yildiz launches Godiva Japan sale: sources

Oct 23 2018

TOKYO Turkey's Yildiz Holding has launched the sale of Godiva chocolate's Japanese business with the first round of the auction set to close early next month, sources said.

World News