TOKYO Japan's Mitsubishi UFJ Financial Group on Wednesday posted a 24% jump in first-quarter profit, as the sale of foreign bonds and other one-off gains helped it ride out weakness in its core banking business.
* Mizuho booked $6.3 bln impairment loss in previous year
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TOKYO Nomura Holdings on Wednesday said its first-quarter profit soared more than tenfold after restructuring its portfolio, as Japan's top investment bank sought to draw a line under its worst year in a decade.
* Avoided write-down on Indonesian Bank Danamon
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* First-quarter net profit Y216 bln vs Y227 bln a year
TOKYO For much of its 141-year history, Japan's Shionogi & Co Ltd has played safe when selling its drugs in the United States and other overseas markets - relying on bigger partners to promote its products and avoiding the cost of maintaining a large sales force.
* Regional banks navigating low rates, ageing population
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TOKYO Bank of Yokohama and Chiba Bank Ltd are considering a business tie-up, the banks said on Tuesday, after the Nikkei newspaper reported that the two regional lenders would form a comprehensive partnership.
TOKYO Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, on Friday reported a profit of 9.1 trillion yen ($84.4 billion) in January-March, swinging from a record loss in the prior quarter, thanks to an upturn in stock markets.
TOKYO Japan's Nomura Holdings Inc won shareholder approval on Monday for the re-appointment of its chief executive officer, overcoming concerns about the leaking of market information and its first annual loss in a decade.