banking
Mizuho Financial Group reported results for the third quarter of the current fiscal year, providing an assessment of its performance, strategy, and outlook. Financial Performance & Outlook * Strong Q3 FY24 Performance * Consolidated net business profits + ETF gains/losses: ¥964.2 bn (+15% YoY), 82% of FY3/25 guidance, exceeding analyst
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&
corporate venture capital
Hitachi has announced the establishment of the fourth fund of the corporate venture capital (CVC) fund "HV Fund" with a purpose to identify startups with the potential to create or disrupt large attractive markets, anticipate the next technological and social turning points, and generate future growth opportunities. The
broker/dealer
Nomura reported strong financial results for the third quarter of fiscal year 2024/25, with significant year-over-year (YoY) growth in net revenue, income before income taxes, net income, EPS, and ROE. All business segments (Wealth Management, Investment Management, and Wholesale) contributed to this growth. The company highlighted its robust financial
cashless
DG Financial Technology (DGFT), a subsidiary of Digital Garage, has implemented its shared QR code payment solution "Cloud Pay" in the "GT-4200", a newly released cashless parking payment machine by Amano Corporation, a major parking system company that accounts for approximately 60% of the domestic market
bitcoin
Blockstream, the global leader in Bitcoin-powered financial infrastructure, is expanding its global footprint with the opening of a new Tokyo office, marking a major advance in Bitcoin’s evolution in Japan and throughout Asia. Partnering with Diamond Hands, Japan’s leading Bitcoin strategic consultancy, and Fulgur Ventures, a top investor
accelerator
Aptos Horizon, a premier Web3 accelerator, is now accepting applications for its transformative 10-week program, scheduled to run from April 14 to June 23, 2025, in Osaka. Designed to empower ambitious Web3 teams from around the globe, Aptos Horizon offers an unparalleled platform to scale blockchain solutions and build meaningful
cryptocurrency exchange
OSL Group, a publicly listed company (863.HK) fully dedicated to digital assets, has renamed CoinBest to OSL Japan, following the successful completion of its acquisition. As a publicly listed company, OSL Group is audited by a 'Big Four' accounting firm, ensuring high standards of transparency and compliance,