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 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.
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.
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
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.
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.
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.
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.
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
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.