Softbank chief Masayoshi Son estimated Japans richest man with $16.6 billion

 

 Picture: Japanese sake 

 

 

 

"..Softbank chief Masayoshi Son ($16.6 billion) has surpassed Fast Retailing Co. Chairman Tadashi Yanai ($16.2 billion) as Japan’s richest man."



Source: Small Print: October 1, 2014
Death for meth, gangster golf, May J. and more...
By Steve Trautlein Posted 2 days ago | Issue 1071
http://metropolisjapan.com/small-print-october-3-2014/

Japanese companies increasingly interested in Australian financial service firms

Picture: Suburban street scene, Australia 

"Japanese firms have demonstrated an appetite for building their prescence in Australia's financial scene...Nikko Asset Management snaffled the assets of Suncorp Group in 2010, the same year Dai - Ichi (Life Insurance) bought out the remainder of Tower Australia (in a $1.6 Billion deal)"

Source: National Australia Bank touts MLC risk book

Street Talk

Australian Financial Review

Thursday 3rd April 2014, page 22

"Japan's deficit has also increased because we started importing more products" Tohru Sasaki - J.P.Morgan

"Japan's deficit has also increased because we started importing more products from outside mainly from China and other Asian countries" 


Tohru Sasaki - J.P.Morgan's head of Japan rates and foreign exchange research

Source: Japanese investors will love $A strategist

By Bianca Hartge - Hazelman

Australian Financial Review

Friday 28th February 2014, page 22

"Japan is feeling inflationary pressure" Tohru Sasaki, J.P.Morgan

"Japan is feeling inflationary pressure probably because of increasing imports from Asian countries which is why their trade balance is deteriorating"

Tohru Sasaki, J.P.Morgans head of Japan rates and foreign exchange research

Source: Japanese investors will love $A strategist

BY Bianca Hartge - Hazelman

Australian Financial Review

Friday 28th February, 2014 page 22

"Someday maybe the pace of the trade deficit (Japan) will increase" Tohru Sasaki - J.P.Morgan

"Someday maybe the pace of the trade deficit will increase and eventually the current account surplus will run into a deficit - it is worrisome" Tohru Sasaki - J.P.Morgan's head of Japan rates and foreign exchange research

Source: Japanese investors will love $A strategist

By Bianca Hartge - Hazelman

Australian Financial Review

Friday 28th February 2014, page 22

Japanese yen may fall below Y100 against the US dollar according to J.P.Morgan head of research

Picture: Japanese currency 

"Mr. Sasaki (J.P.Morgan's head of Japan rates & foreign exchange research) ..believes the yen could "break below Y100 (against the dollar) in one year's time" which would be the lowest that it has been since November"

Source: Japanese investors will love $A again strategist

BY Bianca Hartge - Hazelman

Australian Financial Review

FRiday 28th February, 2014, page 22

Japan Post announces a $US 13 billion investment prior to public stock offering

Picture: Japan Post delivering mail in Japan 

"Japan's postal system which runs one of the worlds biggest banks as well as the nations largest insurers, has announced a $US$13 billion investment plan to pave the way for a public stock offering next year "

Source: Japan Post sinks $US $13bn to deliver float

BY Atsuko Fukase

The Wall Street Journal

The Australian Newspaper

Friday February 28th 2014, page 21

Bitcoin collapse in Japan reminds Japanese investors of prior fraud case involving "enten"

"While Bitcoin has faced relatively little scrutiny in Japan, it has invited comparisons to a scandal involving enten, an electronic currency used by a Tokyo company to defraud investors of billions of yen in the Mid-2000's"

Source: Bitcoin faces greater regulation after Mt.Gox collapse

By Hiroko Tabuchi & Rachel Abrams

New York Times

Australian Financial Review

Saturday 1st March 2014, page 11

Japanese customer demand for 40 year mortgages increasing as a way to enter housing market

Picture: Apartments in Tokyo, Japan 

¨Demand for 40-year mortgages maybe set to rise as buyers try to get a foothold in the housing market.....demand for the longer period mortgages is rising in Canada, the UK and Japan

Source: Forty-year terms for first timers

By Larry Schlesinger

Australian Financial Review

Saturday 22nd February 2014, page 10

Video: Japanese Customer Television Commercials 2014

Please note video is in Japanese

Source:

Japanese TV Commercials [ 2014 weeks 03 & 04 ] 

JPCMHD 

You Tube Channel 

http://www.youtube.com/watch?v=Xdzkwo9XA7s&list=PLBCA0F10FE6785BE6&feature=c4-overview-vl

Toyota aims at reducing time and cost for creating new models by 30 percent

"Japan's auto giant Toyota has decided it no longer needs 50 kinds of airbags to protect drivers' knees.The company says it will now produce 10 airbags for drivers knees as it cuts time and cost for creating new models by as much as 30 per cent" 

Source: Toyota cuts airbags

Bloomberg 

Herald Sun newspaper 

Business Daily 

Tuesday June 11, 2013, page 28

Bank of Japan tries to shake off 15 years of deflation with unprecedented monetary stimulus

"Since April, the Bank of Japan has embarked on monetary stimulus of an unprecedented scale in a bid to jolt the Japanese economy out of 15 years of deflation, part of a wider economic growth push introduced by Prime Minister Shinzo Abe."

Source: 

Japan’s Central Bank Holds Steady Amid Market Volatility

By HIROKO TABUCHI

Published: June 11, 2013

New York Times

http://www.nytimes.com/2013/06/12/business/global/japans-central-bank-holds-steady-amid-market-volatility.html?src=recg

Japan exported nearly six trillion yen of goods in April 2013 the same amount as Feb 2006 when the yen was 17 percent stronger

"Japan exported ¥5.8 trillion worth of goods in April (2013), the same amount as in February 2006, when the yen was 17 percent stronger "

Source: Yen’s slump fails to stem corporate

                           exodus  overseas

BY ANDY SHARP 

&YUKI HAGIWARA

BLOOMBERG

June 15th 2013

Japan Times

http://www.japantimes.co.jp/news/2013/06/15/business/yens-slump-fails-to-stem-corporate-exodus-overseas/#.UbvIgedXDbQ

Investors in Japan worried about a fast rise in long term interest rates and its impact on debt servicing

"Foremost in investors’ minds has been the specter of too fast a rise in long-term interest rates, which could pressure government finances by increasing the costs of servicing Japan’s sky-high public debt."

Source: 

Japan’s Economic Stimulus Gets Its Second Wind

By HIROKO TABUCHI

Published: June 10, 2013

New York Times

http://www.nytimes.com/2013/06/11/business/global/japans-economic-stimulus-gets-its-second-wind.html?src=recg

Japan reduced its holdings of US treasury debt in April 2013 by 1 percent or roughly 1 trillion dollars

"The (US) Treasury Department said Friday (June 14th 2013) that total foreign holdings dropped 1.2% in April from March to $5.67 trillion. China, the largest foreign buyer of Treasury debt, reduced its holdings 0.4% to $1.26 trillion. Japan, the second-largest buyer, cut its holdings 1.2% to $1.1 trillion."

Source: Foreign holdings of U.S. Treasury debt drop in April

Japan Today

JUN. 15, 2013 

http://www.japantoday.com/category/business/view/foreign-holdings-of-u-s-treasury-debt-drop-in-april

“Japan’s agricultural exports have remained very small in scale at around ¥450 billion."

“Japan’s agricultural exports have remained very small in scale at around ¥450 billion."

Source: Abe’s growth plans fail to ease farmers’ TPP fears

June 16th, 2013

The Japan Times

http://www.japantimes.co.jp/news/2013/06/16/national/abes-growth-plans-fail-to-ease-farmers-tpp-fears/#.Ub0lMudXDbQ

Kewpie Corp in Japan raises prices for Jam products the first time in 23 years

"Kewpie Corp...will raise prices on major jam products by 4 to 7 percent, starting ....Sept. 2....The price increase on jam products will be the first in 23 years, the company said. Increased demand for fruits in China and other emerging economies have also pushed up import costs, it added." 

Source:Kewpie to raise jam product prices for first time in 23 years

July 17th 2013

Japan Times http://www.japantimes.co.jp/news/2013/07/17/business/kewpie-to-raise-jam-product-prices-for-first-time-in-23-years/#.UeeD_40wdFs

Japan takes around 19 percent of all Australian exports and invests 6 percent of all foreign investment in Australia

"Japan is already Australia's second largest trading partner...taking in around 19 per cent of all Australian export goods.Japan...accounts for about 6 percent of all foreign investment in Australia"

Source: Japan primed for domestic cash rate rise

By Bianca Hartge- Hazelman

Bloomberg

Australian Financial Review

Friday 11th October 2013, page 21

Uniqlo confirms 2180 sqm store in Melbourne Australia to open in 2014

Picture: Uniqlo point card

"(Uniqlo) The Japanese group has confirmed it will open a four floor shop early next year at the Emporium shopping centre, being built in Lonsdale Street(Melbourne, Australia)...The 2180 sqm Melbourne store will offer the group's full range of clothing for men, women, children and babies"

Source:Uniqlo confirms CBD base

By Jane Harper

Herald Sun

Tuesday 1st October 2013, page 41

Japan would need a fiscal consolidation of 13 percentage points of GDP to stabliize its current debt

"As for Japan, merely stabilising its debt to GDP ratio would take a fiscal consolidation in the order of 13 percentage points of GDP. While Japan has so far avoided the crunch by relying on high domestic savings, those will diminish rapidly as the population ages. But foreign investors, faced with debt ot GDP ratios of more than 200 per cent, would likely demand far higher interest rates than Japanese governments have paid to date, potentially strangling economic growth" 

 Source: It ain't over yet: global financial crisis lingers on 

By Henry Ergas 

The Weekend Australian 

September 28-29, 2013, page 16