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Upon the deal's completion, Nomura expects its total assets under management within its investment management franchise to increase to around $770 billion.
Business deals

Nomura to buy Macquarie's US-Europe asset managers for $1.8bn

Japan financial institutions seek overseas growth as domestic market shrinks

22 April 2025
Itochu and CP Group first entered into a capital tie-up in 2014. (Source photos by Nikkei)
Business deals

Itochu to end cross-shareholding in Thai CP Group

Strategic alliance to continue; deal to generate $880m gain for Japan trading house

22 April 2025
FPT Smart Cloud Japan will use Nvidia's latest graphics processors. (Nvidia)
Business deals

Japan firms to take stakes in Nvidia-powered data center of Vietnam's FPT

Sumitomo and SBI to each acquire 20% interest in Japan-based AI facility

22 April 2025
Saudi Arabian football players line up during the national anthems before a World Cup qualifier in Jeddah on Oct. 10, 2024.
Sports

Saudi Arabia wants to learn from Japanese soccer's 'commercial success'

2034 World Cup host has big hopes for its sports industry

19 April 2025
Carve-outs, in which a company sells off a subsidiary or other specific business unit, are taking off as Japan's sprawling conglomerates come under pressure to focus on key businesses.
Business deals

Japanese companies accelerate carve-outs to post-financial crisis high

Private equity funds and government push for more capital efficiency

18 April 2025
Yageo began the takeover battle in February by announcing it was seeking to buy all shares in Japanese peer Shibaura Electronics without the latter's consent. (Photo by Yuta Fukushima)
Business deals

Taiwan's Yageo to raise bid in battle for Japan's Shibaura

Move would counter MinebeaMitsumi's white knight offer

17 April 2025
ANA president Shinichi Inoue and Singapore Airlines CEO Goh Choon Phong at a signing ceremony in Tokyo where the airlines agreed on a partnership aimed at increasing connectivity and pricing flexibility. (Photo by Yuichi Shiga)
Business deals

Japan's ANA and Singapore Air ink revenue-sharing pact

Airlines plan to extend deal's scope to Australia, India, Indonesia and Malaysia

17 April 2025
SBI Holdings will make South Korea's insurance firm Kyobo Life Insurance into an affiliated company. (Photo by Yoshiyuki Tamai)
Insurance

Japan's SBI to raise stake in South Korea's third-largest life insurance provider

Financial services group aims to leverage Kyobo Life Insurance's digital know-how

17 April 2025
From left: Akio Yoshida, president of Aeon, Tsuruha President Jun Tsuruha, and Welcia President Hideaki Kirisawa hold a press conference in Tokyo on April 11. (Photo by Tomoki Mera)
Business deals

U.K. investor thinks Aeon's offer for Japanese drugstore merger too low

Orbis also dissatisfied with consolidation ratio of Tsuruha and Welcia

16 April 2025
This screen grab from PA video shows a view of the British Steel plant in Lincolnshire, April 12. (Photo by Jamie Lashmar/PA via AP)
Business deals

U.K. government takes over British Steel control from Chinese owner

Rescue approval comes after Jingye said Scunthorpe plant is losing $910,000 a day

13 April 2025
NTT East President Naoki Shibutani, right, shakes hands with Arwin Rasyid, commissioner of Weave investor JIA. They aim to boost Weave's customer base to 40 million households. (Photo by Nikkei)
Business deals

Indonesia's Surge draws investment from NTT East in fiber optics push

Japanese telecom to take 49% stake in subsidiary and help train engineers

12 April 2025
Japanese drugstore companies Welcia and Tsuraha are pressing ahead with their planned merger, aimed at creating Asia's leading chain. (Source photos by Nikkei)
Business deals

Japanese drugstores speed up merger in bid to be Asian leader

Welcia and Tsuruha unite with goal of gaining scale to push into other markets

11 April 2025
A Jack Wolfskin store in Vienna. An analyst says Trump's tariffs will "have only a minimal impact" on the German brand, "as the company mainly focuses on Europe and China and has no plans for U.S. market expansion."
Business deals

China's Anta to acquire Germany's Jack Wolfskin as U.S. trade war rages

Sports group chases global growth just as Beijing seeks tighter ties with Europe

11 April 2025
Makino Milling Machine's machine tools: The company's board of directors will oppose a takeover bid by motor manufacturer Nidec.
Business deals

Japan's Makino opposes Nidec's unsolicited takeover bid

Machine tool maker aims to activate poison pill as tender offer gets underway

10 April 2025
A shopping street in New Delhi: India’s consumer spending will cross $3 trillion by 2027, Japanese conglomerate Mitsui & Co. estimates. (Photo by Ken Kobayashi)
Business trends

Private capital chases Indian consumers despite slowing economy

Country's growing population contrasts with Asian peers and bodes well for profits

10 April 2025
MinebeaMitsumi is about to make an offer for Shibaura Electronics to ward off an unsolicited bid from Taiwan. (Source photos by Nikkei)
Business deals

Japan parts maker to challenge Taiwan's Yageo with counterbid

MinebeaMitsumi joins takeover battle over Shibaura Electronics

10 April 2025
JERA plans to use ammonia as an alternative fuel at its coal-fired power plants in Japan. (Photo by Manami Yamada)
Energy

Japan's JERA, Mitsui agree to build $4bn U.S. ammonia plant

Partners say facility's annual capacity of 1.4m tonnes will be world's largest

10 April 2025
Inflationary pressures are taking a toll on Seven & i Holdings' domestic and global convenience store operations. (Photo by Akira Kodaka)
Business deals

7-Eleven owner's profits plunge, adding to takeover pressure

Lower-than-expected profit guidance underlines challenge for new CEO

9 April 2025
Foxconn's Chief Strategy Officer for EVs Jun Seki speaks to Nikkei Asia during an interview in Tokyo on April 8. (Photo by Tokuyuki Matsubuchi)
Interview

Taiwan's Foxconn hopes to work with Nissan, others on EV production

Executive reveals Taiwanese company finalizing deal to supply Mitsubishi Motors

9 April 2025
Shine opened North America's largest lutetium-177 plant in the state of Wisconsin in 2024. (Shine Technologies)
Business deals

Sumitomo teams with U.S. fusion startup on cancer treatments

Japan trading house's ties with Shine include energy development

8 April 2025
Japanese property developers are engaged in a broad range of projects in Australia.
8 April 2025
Nippon Steel's acquisition of U.S. Steel was blocked by the Biden administration in January on national security grounds. (Photo by Yuta Suzuki)
Business deals

Trump calls for new review of U.S. Steel-Nippon Steel deal

CFIUS given 45 days to make recommendations on blocked acquisition

8 April 2025
EtaMax CEO Jung Hyundon, left, shakes hands with Horiba director Dan Horiba. (Horiba)
Business deals

Japan's Horiba buys South Korean chip tools maker EtaMax

Measuring device supplier looks to make inroads in semiconductor industry

8 April 2025
Yoshinoya Holdings acquired Kyoto-based ramen chain Kiramekino Mirai in January, looking to boost revenue amid mounting challenges at its core beef bowl business.
Food & Beverage

Japan's Yoshinoya cooks up plans to become global ramen powerhouse

Company looks beyond core beef bowl chain as recipe for revenue

7 April 2025
Dai-ichi Life entered the Australian market in the 2000s. (Photo by Nikkei)
Business deals

Japan's Dai-ichi Life to buy 15% of Australian insurer Challenger

$550m purchase from MS&AD highlights push by Japanese players into Australia

7 April 2025
Blank Beauty sells robotic terminals that mix nail polish using colors specified by consumers. (Seiko Epson)
Business deals

Seiko Epson invests in U.S. beauty startup to make nail polish kiosks

Japanese printer maker looks to use its color expertise to create custom products

4 April 2025
CNOOC is one of China's biggest oil companies and is heavily involved in offshore drilling. (CNOOC)
4 April 2025
Marubeni sells pharmaceutical products in Africa and the Middle East and looks to expand its reach in Asia.
Business deals

Japan's Marubeni to buy Sumitomo Pharma's Asia business for $300m

Trading house has drug sales operations in Africa and Middle East

3 April 2025
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