banking
Seven Bank agreed with ITOCHU Corporation, majority owner of Family Mart, on the commencement of capital and business alliance discussions including collaboration in a wide range of financial areas. Leveraging its domestic and international business foundation with strengths in the consumer sector, ITOCHU develops new services and businesses by capturing
mergers & acquisitions
Resona currently holds 12.42% of Digital Garage's shares (ratio to total voting rights as of March 31, 2025), acquired through third-party allocation and market purchases, and Digital Garage positions Resona as a strategic partner for Digital Garage's medium- to long-term growth. By acquiring 8,520,
bitcoin
Bakkt Holdings has entered into a share purchase agreement with RIZAP Group to acquire approximately 30% of the outstanding shares of MarushoHotta (MHT), a Tokyo Stock Exchange-listed company (TSE: 8105). The acquisition would make Bakkt the largest shareholder of MHT. As part of the transaction, Phillip Lord, President of Bakkt
mergers & acquisitions
Mizuho Bank has concluded a share transfer agreement with the shareholders of Upsider Holdings to acquire a majority of Upsider’s shares. Mizuho Bank will acquire approximately 70% of Upsider’s shares at a price of approximately ¥46 billion from their current holders, which include venture capital firms in and
cross-border payments
Ria Money Transfer, a global leader in the cross-border money transfer industry and a business segment of NASDAQ-listed Euronet, has become the majority shareholder through the acquisition of 60% of the shares of Unidos, the operator of Kyodai Remittance, a Japan-based funds transfer business and overseas remittance specialist. Leveraging Kyodai’
regional banks
The Daiwa Institute of Research published a paper titled "Cross-Prefectural Restructuring of Regional Banks: The Reorganization of Local Economic Zones at its Foundation" on July 11, 2025, providing a detailed analysis of the ongoing restructuring of Japan's regional banking sector, and arguing that these realignments are
mergers & acquisitions
In a report published on July 11, 2025, the Daiwa Institute of Research (DIR) analyzes the significant increase in Tender Offer (TOB) activity in Japan from 2020 to mid-2025, highlighting a new phase in corporate strategy. 1. TOB Activity is Surging to Record Levels The report's primary finding
broker/dealer
Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, intends to acquire WealthKernel, a wealthtech firm specializing in digital investment infrastructure and tax-advantaged products. This strategic acquisition will bring WealthKernel’s UK and EU licensed brokerage infrastructure to Alpaca, supporting their rapid global expansion to achieve its mission of opening financial
mergers & acquisitions
Gojo & Company further expanded into Uzbekistan through the acquisition of a 9.8% stake in JSC Renesans mikromoliya tashkiloti (Renesans). Gojo will support Renesans to continue pursuing its mission of delivering and developing tailored microfinance services through traditional and modern channels to people in rural areas. Renesans is committed
mergers & acquisitions
Mitsui Sumitomo Insurance (MSI), a subsidiary of MS&AD Insurance Group, has decided to acquire shares of Time Machine Underwriters (TMU), a Managing General Agency (MGA) specialized in Representation & Warranty Insurance in Japan. MSI plans to acquire the majority ownership share of TMU on August 1 2025, and
mergers & acquisitions
ORIX Corporation announced in the May 12, 2025 press release “ORIX Signs Letter of Intent to Acquire Majority Interest (Consolidation) in Hilco Global” that its group company in the U.S., ORIX Corporation USA (OCU), has decided to enter into a nonbinding Letter of Intent with Hilco Trading, a U.
insurtech
Hokan Group, which aims to become an Industry Contributor by integrating technology and solutions, has acquired shares of Frich, making it a subsidiary. This marks Hokan Group's first M&A and is positioned as an important strategic move for future growth. Overview and Background of This Transaction