lending
King Street Capital Management, a leading global alternative investment firm, and Tor Investment Managemenet, a leading independent alternative credit manager in Asia, announced a USD 110m financing solution for Soul of Japan (SOJ), a land-based Atlantic salmon farm project in Tsu City. SOJ is backed by 8F Asset Management, an
banking
SBI Holdings and its consolidated subsidiary SBI ARUHI decided to jointly invest in a preparatory company to enter the housing loan guarantee business from April 2025. SBI ARUHI has maintained the No. 1 market share in loan execution volume for 14 consecutive years, providing [Flat 35] loans to a wide
banking
Mongolia's Golomt Bank today announced its second successful loan arrangement from Saison Investment Management Private Limited (SIMPL). SIMPL is the cross-border lending arm of Saison International, the international headquarters of Japan’s Credit Saison, a global financial company that is listed on the Tokyo Stock Exchange. The proceeds
banking
The Norinchukin Bank is undertaking significant capital enhancement initiatives to strengthen its profitability base. This involves increasing Tier 1 and Tier 2 capital through new issuances and redeeming existing debt. Concurrently, the bank is selling low-yielding assets to improve its investment portfolio. While these actions are designed to improve long-term
banking
MUFG's third quarter earnings significantly exceeded expectations, driven by strong performance in customer segments, capital markets-related business, gains from strategic shareholding sales, and equity method investment income (particularly from Morgan Stanley). Net income is already at 99% of full-year guidance. MUFG expects a positive impact from the BOJ&
banking
MUFG reported a strong financial performance for the first three quarters of the fiscal year ending in March 2025, highlighting record-high net operating profits (NOP) and net income, driven by robust customer segment growth, gains from equity sales, and increased earnings from equity method investments. The earnings release also addresses
weekly
Welcome to the ninety-seventh edition of the Japan FinTech Observer. Here you can view the future of Japan: Musashino University's Entrepreneurship Musashino Campus (EMC GLOBAL) held its academic year-end event and pitch contest, also including regional winners from the Philippines, Singapore, and India. The quality of the pitches
banking
Sumitomo Mitsui Financial Group (SMFG) is demonstrating strong financial performance in the first three quarters of FY3/2025, with consolidated net business profit reaching 90% of its target and bottom-line profit at 98%, significantly driven by domestic business growth and gains on stock holdings. The Medium-Term Management Plan initiatives are
venture capital
Mizuho Bank and Mizuho Capital, both consolidated subsidiaries of Mizuho Financial Group, have established the "Mizuho Business Succession and Capital Strategy Fund" (total amount: 10 billion yen) to support "capital policies aimed at smooth business succession and strengthening competitiveness of Japanese companies." Mizuho has positioned "
banking
SBI Shinsei Bank is working to enhance the corporate value of the SBI Shinsei Bank Group. As part of this effort, management is examining capital policies, including the repayment of public funds, which is a significant issue. Herewith, SBI Shinsei Bank is providing an update on the current status of
weekly
Welcome to the ninety-sixth edition of the Japan FinTech Observer. Here is what we are going to cover this week: * Venture Capital & Private Markets: JAL & Hitachi participate in BeZero Carbon's USD 32m Series C; Z Venture Capital & Decima Fund participate in Vivident's seed
regulation
The Financial Services Agency (FSA) has published a draft summary of issues and practices for dialogues on verifying the effectiveness of anti-money laundering measures for public comment, due by Thursday, February 20, 2025. The FSA emphasizes a shift towards continuous self-assessment by financial institutions, coupled with in-depth dialogue with the