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Taiga Uranaka

SoftBank's record IPO reaches $23.5 billion after extra share sale

Dec 10 2018

TOKYO SoftBank Group Corp is set to raise 2.65 trillion yen ($23.5 billion) in Japan's biggest-ever IPO - a share sale widely regarded as finalizing the group's transition from domestic telco to a monolithic global tech investor. | Video

SoftBank becomes first Japan firm to forgo IPO price range, keeps view at Y1,500

Nov 30 2018

TOKYO SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen for its telco IPO rather than a price range as usual, pegging the deal at 2.4 trillion yen ($21.16 billion) in the country's biggest-ever listing.

Japan brokers readying for new client surge ahead of SoftBank's mammoth IPO

Nov 29 2018

TOKYO Japan's stockbrokers are rubbing their hands ahead of SoftBank's record-breaking $21 billion share sale, banking on the telco's brand power and unprecedented marketing campaign to boost business in a country replete with IPO-hungry investors.

Japan's Line partners Mizuho, Tencent in fintech drive; shares jump

Nov 27 2018

TOKYO Japanese chat app operator Line Corp will set up a bank with Mizuho Financial Group Inc and also partner China's Tencent Holdings Ltd to offer mobile payment services - plans which saw its stock rise 13 percent on Tuesday.

Japan lender SMFG posts 37 percent rise in second-quarter profit, beats bigger rivals

Nov 14 2018

TOKYO Sumitomo Mitsui Financial Group Inc (SMFG) posted on Wednesday a 37 percent jump in second-quarter net profit, helped by gains from its stock holdings and smaller bad loan costs.

Japan's Mizuho reports flat second-quarter, hurt by weak lending business

Nov 14 2018

TOKYO Mizuho Financial Group Inc on Wednesday reported flat growth in net profit in the three months through September, hurt by weak domestic lending in a prolonged ultra-low interest rate environment.

Japan's MUFG CEO says trade war, market volatility concerns for second half

Nov 13 2018

TOKYO Mitsubishi UFJ Financial Group Inc (MUFG) , Japan's largest lender by assets, posted a lower quarterly profit and warned that the U.S.-China trade war as well as growing market volatility would pressure its performance in the second half.

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