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As River Weir has grown, Bill has been collecting stories of hope, resilience and Earth repair to share with him. “I became really frustrated by the lack of transparency,” Charlie told me. And at an expo in 2006, the fate of the titis turned for the better when the Vargas family walked in. But when she needed $1.2 million to buy nearly 1,000 acres of neighboring ranchland, Chris needed to find more helpers. “It may take a day to cut a hectare of forest,” she told me as we hiked past her plantings and into a meticulous greenhouse.
Persons: Bill Weir’s, Mister Rogers, Weir, Bill, Bill Weir, ” Rosamira Guillen, , Rosamira Guillen, Julian Quinones, titi, Rosamira, Charlie Knowles, Richard Nixon’s, Charlie, Laurie Marker, “ I’m, , Akiko Yamazaki, John Lukas – Charlie, WCN, Rosamina, ” Julian Quinones, Jane Goodall, Vargas, Kira, Chris Vargas, , Steve Jobs, ” Chris, Chris, CNN Bill, Olivia Organizations: CNN, Wildlife Conservation Network, expos Locations: . Dear, South America, Colombia, Barranquilla, American, Namibia, Silicon Valley, ranchland
The defining experience of Ema Ryan Yamazaki’s childhood left her with badly scraped knees and her classmates with broken bones. During sixth grade in Osaka, Japan, Ms. Yamazaki — now a 34-year-old documentary filmmaker — practiced for weeks with classmates to form a human pyramid seven levels high for an annual school sports day. Despite the blood and tears the children shed as they struggled to make the pyramid work, the accomplishment she felt when the group kept it from toppling became “a beacon of why I feel like I am resilient and hard-working.”Now, Ms. Yamazaki, who is half-British, half-Japanese, is using her documentary eye to chronicle such moments that she believes form the essence of Japanese character, for better or worse. To outsiders, Japan is often seen as an orderly society where the trains run on time, the streets are impeccably clean, and the people are generally polite and work cooperatively. Ms. Yamazaki has trained her camera on the educational practices and rigorous discipline instilled from an early age that she believes create such a society.
Persons: Ryan Yamazaki’s, Yamazaki —, , Yamazaki Locations: Osaka, Japan
Asian productions or nominees with a predominantly Asian cast have been making headway at the Academy Awards in recent years. South Korean thriller “Parasite” made history in 2020 as the first non-English language movie to win best picture, alongside three further awards. "The Boy and the Heron" producer Toshio Suzuki speaks at a news conference in Los Angeles on March 11, 2024. Patrick T. Fallon/AFP/Getty ImagesFor others, the award offered Japan a boost after a rough start to the year. Kelts, the Japan-based author, said the second Oscar win showed the Academy had recognized Miyazaki’s artistic genius and that Japanese animation is far from solely entertainment.
Persons: CNN —, Hayao Miyazaki, , Huy Quan, Malaysia’s Michelle Yeoh, Heron ”, Ghibli’s, , Roland Kelts, Miyazaki, Richard Harbaugh, Toshio Suzuki, , ’ Suzuki, Suzuki, ” Suzuki, Richard A, Brooks, Tatsuji Nojima, “ Oscar, Takashi Yamazaki, Fumio Kishida, Yamazaki, ” Kishida, Hideaki Omura, Godzilla’s, Chris Hemsworth, Anya Taylor, Joy, Patrick T, Fallon, Kelts Organizations: CNN, Academy, Sony Pictures, Culture, Oscar Academy, Ghibli, Japan’s, NHK, Getty, Japan, Sunday, Gov, Hollywood, American, Waseda University Locations: Japan, America, Vietnam, ” Tokyo, Hollywood, Los Angeles, AFP, Aichi prefecture, Miyazaki, Japanese, Ishikawa, Tokyo
As well as celebrating the year in movies, the annual extravaganza has long been the red carpet event of the year. Kevin Mazur/Getty ImagesTeo Yoo. Alberto Rodriguez/Variety/Getty ImagesJamie Lee Curtis looked elegant in a flowing black gown by Dolce & Gabbana. Kevin Mazur/Getty ImagesLeah Lewis, star of Best Animated Feature “Elemental,” looked dreamy in a layered Lever Couture gown featuring a whimsical train. Marleen Moise/Getty ImagesTaylor Zakhar Perez popped on the red carpet with a blue Prada suit styled by leading celebrity stylist Jason Bolden.
Persons: Margot Robbie who’s, “ Barbie ”, Colman Domingo, America Ferrera, Billie Eilish, Zendaya, Danielle Brooks, Mike Coppola, Andrea Riseborough, Loewe, Alberto Rodriguez, Ferrera, Richard Shotwell, Steinfeld, Elie, Sarah Meyssonnier, Huy Quan, Giorgio Armani, Jordan Strauss, Kirsten Dunst, Jesse Plemons Jordan Strauss, Louis, David Yurman, Laverne Cox, David Swanson, Issa Rae, Mark Ronson, Grace Gummer, Kevin Mazur, Teo Yoo, Barbie, Simu Liu, Sean Lennon, Kemp Muhl, Gilbert Flores, Sandra Hüller, Cartier, Justine Triet Jordan Strauss, AP Gabrielle Union, Dwyane Wade Kevin Mazur, Ludwig Göransson Kevin Mazur, Masaki Takahashi, Takashi Yamazaki, Kiyoko, Christina, Eva Longoria’s, Tamara Ralph, Rita Moreno, Reuters D'Pharaoh Woon, Chasinghorse, Jamie Lee Curtis, Omar Rudberg, Sarah Morris, WireImage, Sean Wang, Chang Li Hua, Sam Davis, Yi Yan Fuei, Chang, Yi, Leah Lewis, Gregg DeGuire, Dominic Sessa, Tom Ford, Celine Song, Reuters Marlee Matlin, Oscar, dazzled, Raymond, Marleen Moise, Ramakrishnan, Zuhair Murad, Getty, Taylor Zakhar Perez, Jason Bolden, Erika Alexander Organizations: CNN, Dolby Theatre, Hollywood’s, America, Dolce, Gabbana, Elie Saab, Louis Vuitton, Getty, AMI Paris, Variety, AP, Los Angeles Times, Reuters Locations: AFP
Though one of the most potent and long-running (or at least long-stomping) forces in movies, Godzilla has never before rubbed elbows at the Academy Awards. At the Oscar luncheon, Steven Spielberg warmly greeted Yamazaki and told him he had seen “Godzilla Minus One” three times. But “Godzilla Minus One” returns to the essential nature of Godzilla as a sober symbol of nuclear holocaust and atomic trauma. My intent was to put a spotlight on what Godzilla represented.”In “Godzilla Minus One,” just as WWII is ending, Godzilla is growing. But unlike more broadly blockbuster-styled Godzilla films, “Godzilla Minus One” is rigorously rooted in a Japanese perspective.
Persons: he’s, , , Takashi Yamazaki, , Yamazaki, Ishirō Honda, Steven Spielberg, ” Yamazaki, , , ’ They’ve, “ Oppenheimer, “ Barbie, Christopher Nolan’s, Tomoyuki Tanaka, Raymond Burr, Koichi, Ryunosuke, Robert Oppenheimer’s, Nolan, we’re, Hayao Miyazaki’s, Miyazaki, ‘ Oppenheimer, Jake Coyle Organizations: Academy, Toho, , Galaxy, U.S ., Pictures, Warner Bros, American Locations: Tokyo , Hong Kong, Paris, San Francisco, Boston, Moscow, London, Hawaii, U.S, Canada, Canadian, Tokyo, Japan, Bikini, Kong, Hiroshima, Nagasaki
TOKYO (Reuters) - A labour union representing air traffic controllers in Japan has called for a "significant increase" in staff to improve the safety of operations at airports in the wake of a deadly crash at Tokyo's Haneda airport last month. "We strongly urge the realisation of a significant increase in the number of air traffic controllers," Masato Yamazaki said in the statement, adding that speculation about the cause of the crash risked putting mental strains on controllers. He said repeated staffing requests to the government, which directly employs air traffic controllers in Japan, have been only partially approved in recent years despite increased workload on controllers. Other countries including the United States and France are grappling with air traffic control staff shortages that airlines have argued pose risks to aviation safety. In 2019, each air traffic control operator in Japan handled nearly 7000 flights, up from around 4,600 in 2004, according to the ministry's records.
Persons: Masato Yamazaki, Yamazaki, Nobuhiro Kubo, John Geddie, Jamie Freed Organizations: Japan Airlines, JAL, Coast Guard, Airbus, Authorities Locations: TOKYO, Japan, Haneda, United States, France
Yuichi Yamazaki | Afp | Getty ImagesAsia-Pacific markets are set to rise on Tuesday, with the exception of Hong Kong, as investors continue to grapple with the fallout from Evergrande's liquidation order. A Hong Kong court ruled to liquidate the firm, which was once considered one of China's largest real estate firms. This comes as Japan's unemployment rate in December fell to 2.4%, lower than 2.5% in the month before and slightly below expectations. Economists polled by Reuters expected the unemployment rate to stay unchanged at 2.5%. In Australia, the S&P/ASX 200 started the day up 0.46%, on pace for a seventh straight day of gains.
Persons: Yuichi Yamazaki Organizations: Afp, Getty, Hong, Futures, Nikkei, Reuters Locations: Tokyo, Asia, Pacific, Hong Kong, Chicago, Osaka, Australia
For its biggest banks, however, there's a hitch: a generation of professional front-line staff have little experience with rising interest rates. The 38 members, which include credit dealers and data scientists, work to improve coordination between retail and wholesale divisions, as higher rates are expected to fuel trading activities. Still, if higher rates are new to most bankers, so they are for their clients, who have for years enjoyed rock bottom rates in Japan. "Almost no front-line bankers have experienced short-term rates above 0.5% as Japan last saw such rates in the 1990s," he said. "I think there are a lot of scepticism among front-line bankers over whether they can really increase their lending rates."
Persons: Masahiro Minami, they've, Izuru Kato, Kato, Satoru Yamamoto, Atsushi Kikuchi, Tokyo Tanshi's Kato, Makiko Yamazaki, Ritsuko Shimizu, David Dolan Organizations: MUFG Bank, TOKYO, Resona Holdings, Reuters, Bank, Mitsubishi, Daiwa Securities, Mizuho Financial, Mizuho, Thomson Locations: Japan, Tokyo
Her concert picture, “ Renaissance: A Film by Beyoncé,” opened in first place with $21 million in North American ticket sales, according to estimates from AMC Theatres Sunday. The 39-city, 56-show “Renaissance” tour, which kicked off in Stockholm, Sweden in May and ended in Kansas City, Missouri in the fall, made over $500 million and attracted over 2.7 million concertgoers. Toho's 33rd Godzilla film is set in the aftermath of World War II, stars Ryunosuke Kamiki and was directed by Takashi Yamazaki. “Trolls Band Together” landed in fourth place in its third weekend with $7.6 million, bringing its domestic total to $74.8 million. “Renaissance: A Film by Beyoncé,” $21 million.
Persons: Beyoncé, , Elizabeth Frank, , John Woo, Paul Dergarabedian, “ Taylor Swift, it’s, Swift, Miley Cyrus, Justin Bieber, EntTelligence, ” Dergarabedian, Ryunosuke Kamiki, Takashi Yamazaki, Koji Ueda, Ridley Scott’s “ Napoleon ”, Joaquin Phoenix, “ Wonka, Comscore, “ Napoleon Organizations: North, AMC Theatres, AMC, Films, Comscore, Netflix, Swift's, Rotten, Toho International, Toho Global, Apple Original, Sony Pictures Locations: U.S, Canada, Stockholm, Sweden, Kansas City , Missouri, Japan
The logo of Nomura Securities is seen at the company's Head Office in Tokyo, Japan, November 28, 2016. The fixed income trading business is expected to improve as the outlook for global interest rates becomes clearer, but "we won't just wait for a market recovery," he added. A bright spot for Nomura is the domestic business, as the Japanese stock market is trading at highest levels in three decades. Nomura's Japan business revenue for the April-September first half of the current fiscal year grew 31% from the same period a year before. The Japan market recovery "is providing the greatest business chance for us with the strong Japanese franchise and global investor base," he said.
Persons: Toru Hanai, Kentaro, Kentaro Okuda, Okuda, Nomura, Makiko Yamazaki, Simon Cameron, Moore, Kim Coghill Organizations: Nomura Securities, REUTERS, Rights, Nomura Holdings, Nomura, Thomson Locations: Tokyo, Japan
Eddie Murphy in ‘Candy Cane Lane’ Photo: PrimeFilm• “Godzilla Minus One” (Dec. 1): Nothing says it’s the holiday season quite like a giant radioactive lizard. The acclaimed Japanese director Takashi Yamazaki spins an origin story of the famed monster in this kaiju film set just after World War II. • “The Shift” (Dec. 1): Kristoffer Polaha stars alongside Neal McDonough , Elizabeth Tabish and Sean Astin in this sci-fi thriller about a man who finds himself trapped in a dystopian alternate universe and tries to escape back to reality and the love of his life.
Persons: Eddie Murphy, Candy Cane, , Takashi Yamazaki, Kristoffer Polaha, Neal McDonough, Elizabeth Tabish, Sean Astin
REUTERS/Jason Reed/File Photo Acquire Licensing RightsSEOUL, Nov 23 (Reuters) - A South Korean appellate court on Thursday ordered Japan to compensate a group of 16 women who were forced to work in Japanese wartime brothels, overturning a lower court ruling that dismissed the case and prompting a stern protest from Tokyo. In response to the court's decision, Japanese vice minister for foreign affairs Masataka Okano summoned South Korean ambassador Yun Dukmin to lodge a "strong protest". The Seoul High Court, however, reversed the lower court's decision, recognising the jurisdiction of South Korean courts over the Japanese government as a defendant. In a statement, Japanese Foreign Minister Yoko Kamikawa said the judgment went against international law and agreements between the two countries, calling it "extremely regrettable and absolutely unacceptable." South Korea's foreign ministry said it was looking into details of the latest ruling, without elaborating.
Persons: Jason Reed, Yoon Suk Yeol, Fumio Kishida, Masataka Okano, Yun Dukmin, Yoko Kamikawa, Lee Yong, I'm, 1,294.3500, Hyonhee Shin, Chang, Ran Kim, Makiko Yamazaki, Ed Davies, Simon Cameron, Moore, Sharon Singleton Organizations: REUTERS, Rights, South, Seoul Central, Court, Seoul High Court, Thomson Locations: Sydney, Australia, Korea, Rights SEOUL, Japan, Tokyo, South Korean, Seoul, South, Republic of Korea
Japan's Mizuho applies to set up securities company in China
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +1 min
Mizuho Financial Group logo is seen at the company's headquarters in Tokyo, Japan August 20, 2018. REUTERS/Toru Hanai/File Photo Acquire Licensing RightsBEIJING/TOKYO, Nov 23 (Reuters) - Japan's Mizuho Financial Group (8411.T) has sought to establish a securities company in China, becoming the latest foreign firm to make inroads into China's onshore securities market with a fully-owned entity. The China Securities Regulatory Commission has received the application from the securities arm of the third-largest Japanese banking group, according to a filing record issued on Wednesday from the regulator's website. The application comes as Mizuho is hoping to tap China's lucrative capital markets fee pool, the largest after the United States and Europe. Citigroup (C.N) and Standard Chartered (STAN.L) are also in the process of establishing securities units in China after Beijing allowed wholly-owned foreign securities companies in 2019.
Persons: Toru Hanai, Mizuho, Makiko Yamazaki, Jacqueline Wong, Mrigank Dhaniwala, Kim Coghill Organizations: Mizuho Financial, REUTERS, Rights, Mizuho Financial Group, China Securities Regulatory Commission, Citigroup, Standard Chartered, Sumitomo Mitsui Financial Group, Hong Kong, Thomson Locations: Tokyo, Japan, Rights BEIJING, TOKYO, China, Mizuho, United States, Europe, Beijing, Hong
Japan's Kishida sends letter to China's Xi - NHK
  + stars: | 2023-11-23 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Japan's Prime Minister Fumio Kishida speaks during a summit discussion on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, at the Stanford, California, U.S., November 17, 2023. REUTERS/Brittany Hosea-Small/File Photo Acquire Licensing RightsTOKYO, Nov 23 (Reuters) - A Beijing delegation of Komeito, the junior coalition partner of Japan's ruling party, handed a letter from Prime Minister Fumio Kishida for Chinese President Xi Jinping in a meeting with China's top leadership team on Wednesday, NHK reported. The broadcaster did not say what was in the letter. Komeito representatives and Kishida's office were not available to comment on Thursday, a public holiday in Japan. Yamaguchi and Cai also agreed to work toward a resumption of dialogue between the CPC and the coalition of the ruling Liberal Democratic Party (LDP) and Komeito, NHK reported.
Persons: Fumio Kishida, Brittany Hosea, Xi Jinping, Natsuo Yamaguchi, Cai Qi, Yamaguchi, Cai, Makiko Yamazaki, Stephen Coates Organizations: Japan's, Economic Cooperation, Stanford, REUTERS, Rights, Komeito, Wednesday, NHK, Communist Party of China, CPC, Central Committee, Liberal Democratic Party, Thomson Locations: Asia, California, U.S, Beijing, Japan, Taiwan
[1/5] Taiko Nakamura samples whisky barreled in the year he founded at his distillery in Shizuoka, Shizuoka Prefecture, Japan October 25, 2023. The explosion of craft whisky in Japan follows a boom and bust in the industry. Last week, Sotheby's offered what it claimed was the most valuable collection of Japanese whisky at auction, headlined by a 52-year old bottle that sold for 300,000 pounds ($373,830). Suntory, Japan's biggest and best-known whisky maker, recently invested 10 billion yen ($67 million) to upgrade its distilleries, including its Yamazaki site. "I believe we need to put all our effort into making Japanese whisky that lives up to the quality of the Japanese whiskies made by our predecessors," he said.
Persons: Rocky Swift, Suntory's, Taiko Nakamura, Long, whiskies, Sotheby's, Shinji Fukuyo, Casey Wahl, Kamui, Shizuoka's Nakamura, Miral Organizations: REUTERS, Suntory, trailblazer, Nikka, Asahi Group, Japan's, Japanese distillers, Diageo, IJW Whiskey, Nikkei, Thomson Locations: Shizuoka, Shizuoka Prefecture, Japan, Yamazaki, Scotland, Hong Kong, Japanese, Komasa Kanosuke, Kentucky, Hokkaido, American, Rishiri
Goldman Sachs Japan chief to retire at year end - internal memo
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +1 min
People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsTOKYO, Nov 20 (Reuters) - Goldman Sachs' Japan president Masanori Mochida has decided to retire at the end of the year after more than 38 years at the investment bank, according to an internal memo seen by Reuters. The internal memo dated Sunday from Goldman (GS.N) CEO David Solomon said Mochida will become a senior director, without mentioning who would succeed his role as president. He became co-branch manager of Goldman Sachs Japan in 1999. "Masa has served as an invaluable advisor to our most important clients across Japan and beyond on countless transactions, helping them advance their strategic objectives with Goldman Sachs at their side," the memo said.
Persons: Goldman Sachs, Andrew Kelly, Masanori Mochida, David Solomon, Mochida, Masa, Makiko Yamazaki, Stephen Coates Organizations: REUTERS, Rights, Japan, Reuters, Goldman, ichi Kangyo Bank, Mizuho Bank, Goldman Sachs Japan, Nippon Telegraph, Telephone, Financial Times, U.S, Thomson Locations: Manhattan , New York, U.S, Japan's, Japan, Tokyo
NEW YORK (AP) — Justin Torres' novel “Blackouts” has won the National Book Award for fiction. Oprah Winfrey gave an emotional keynote address during the dinner ceremony at Cipriani Wall Street, and honorary medals were presented to poet Rita Dove and to Paul Yamazaki, a longtime bookseller at San Francisco's famed City Lights store. Winners in the five competitive categories each received $10,000. Copyright 2023 The Associated Press. This material may not be published, broadcast, rewritten or redistributed.
Persons: — Justin Torres, , Ned Blackhawk's “, Dan Santat's “, ” Craig Santos Perez's, Bruna Dantas Lobato, Oprah Winfrey, Cipriani, Rita Dove, Paul Yamazaki Organizations: Cipriani Wall, Associated Press Locations: San Francisco's
A light is seen under a signboard of Cosmo Energy Holdings' Cosmo Oil service station in Tokyo, Japan, December 17, 2015. REUTERS/Yuya Shino/File Photo Acquire Licensing RightsCompanies Cosmo Energy Holdings Co Ltd FollowTOKYO, Nov 10 (Reuters) - Japan's Cosmo Energy Holdings (5021.T) could struggle to win shareholder backing for a revised "poison pill" strategy, its chief executive said on Friday, as the company seeks to defend itself from activist investors pursuing a hostile takeover. Japan's third-biggest oil refiner is calling another shareholder vote on Dec. 14 to seek approval to discourage an activist group led by Yoshiaki Murakami from increasing its stake to 24.56% from its current 20%. In June, a previous vote on a poison pill to dilute the activists' stake if they buy more shares without following set procedures succeeded. "We want to ask shareholders whose plans can boost the shareholder value, ours or Murakami-san?"
Persons: Yuya, Yoshiaki Murakami, Shigeru Yamada, Cosmo, Murakami, Yamada, Makiko Yamazaki, Yuka Obayashi, Barbara Lewis Organizations: Cosmo Energy Holdings, Cosmo Oil, REUTERS, Cosmo Energy Holdings Co, Reuters, Thomson Locations: Tokyo, Japan
TOKYO (AP) — Godzilla, the nightmarish radiation spewing monster born out of nuclear weapons, has stomped through many movies, including several Hollywood remakes. It was a mood that fit his supernatural “very Japanese” Godzilla, Yamazaki said at the Tokyo International Film Festival, where “Godzilla Minus One” is the closing film. That helped inspire the last Japanese Godzilla, the 2016 “Shin Godzilla,” directed by Hideaki Anno and Shinji Higuchi. Toho studios hadn’t made a Godzilla film since 2004. But what he really wants to make is a “Star Wars” film.
Persons: Takashi Yamazaki, Ishiro Honda, , Yamazaki, it’s, , Kamiki, “ Gojira, Gareth Edwards ’, Shin, Hideaki Anno, Shinji Higuchi, hadn’t, Juzo Itami, Oscar, Steven Spielberg’s “, George Lucas, ’ ”, ___ Yuri Kageyama Organizations: TOKYO, Hollywood, Tokyo, Associated Press, Toho, Locations: Pacific, Japan, Ukraine, Tokyo
Nomura's dominant position in Japan, where the stock market is trading at 33-year highs, helped it offset lethargic dealmaking and sluggish trading overseas. July-September profit came in at 35.2 billion yen ($235 million), rebounding from last year when a sharp downturn in global financial markets battered its asset management and investment banking businesses. This year, Japanese firms have been increasingly willing to embark on fundraising - either via equity or debt markets. As a result, Nomura's investment banking business saw a 19% increase in net revenue due to robust equity offerings and active dealmaking in Japan. "Encouraged by the strong stock market, Japanese companies are becoming more proactive in making investments for growth," Chief Financial Officer Takumi Kitamura told a media briefing.
Persons: Toru Hanai, Takumi Kitamura, LSEG, Makiko Yamazaki, Jamie Freed, Edwina Gibbs Organizations: Nomura Securities, REUTERS, Rights, Nomura Holdings, U.S . Federal Reserve, Thomson Locations: Tokyo, Japan
Nomura reassesses mainland China business plan as losses mount
  + stars: | 2023-10-26 | by ( ) www.reuters.com   time to read: +2 min
The logo of Nomura Securities is seen at the company's Head Office in Tokyo, Japan, November 28, 2016. Nomura's majority-owned joint venture has struggled to grow since its launch in 2019, dragged down by the pandemic and a slowing economy. In 2022, the joint venture lost 225 million yuan ($30.75 million), after losing 84 million yuan in 2021, according to Nomura's filings. Nomura's China joint venture headcount has dropped to 259 from 281 in July, far short of the original target of increasing it to 500 by this year. The joint venture is 51% owned by Nomura, 24.9% by Orient International Holding, and 24.1% by Shanghai Huangpu Investment Holding Group.
Persons: Toru Hanai, Nomura, headcount, Goldman Sachs, Makiko Yamazaki, Selena Li, Sonali Paul Organizations: Nomura Securities, REUTERS, Rights, Nomura Holdings, Bloomberg, Reuters, Citigroup, Nomura Orient International Securities, Nomura, Orient International Holding, Shanghai Huangpu Investment Holding Group, Thomson Locations: Tokyo, Japan, China, Shanghai, Hong Kong, Asia
TOKYO, Oct 25 (Reuters) - Kokusai Electric (6525.T) shares jumped 29% in their Tokyo market debut on Wednesday after private equity firm KKR sold shares in the chip equipment maker for $724 million in Japan's largest initial public offering (IPO) in five years. The stock opened at 2,116 yen and climbed to a high of 2,371 yen, valuing the company at 546.3 billion yen ($3.65 billion), as investors grabbed shares following the rare IPO of a key chip tool manufacturer. "The market for chip related stocks outside of AI is weak so some were wondering what would happen," said Tomoichiro Kubota, analyst at Matsui Securities. KKR agreed to buy Hitachi's (6501.T) electronic equipment unit in 2017 in a deal valuing the business at 257 billion yen ($1.72 billion) as the conglomerate streamlined operations. The private equity group then spun off Kokusai, which manufactures machines for depositing thin films on silicon wafers, the following year.
Persons: telco, Tomoichiro Kubota, Kazuyoshi Saito, Warren Buffett, Sam Nussey, Miho Uranaka, Mayu, Makiko Yamazaki, Chang, Ran Kim, Sonali Paul Organizations: KKR, telco SoftBank Corp, Matsui Securities, Reuters, Iwai Cosmo Securities, Materials, Equity, Thomson Locations: TOKYO, Tokyo, China, Japan
REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsTOKYO, Oct 19 (Reuters) - Japan's top banks are set to commit to 1.9 trillion yen ($12.7 billion) financing to support the merger of Kioxia Holdings and Western Digital's flash memory business, four people familiar with the matter told Reuters. Several tech deals have been scuppered in recent years due to delays in regulatory approvals or rejections by China. 2 player in NAND flash memory chips - and Western Digital's fourth-ranked flash business, would control a third of the global NAND flash market, on par with top player Samsung Electronics (005930.KS). Kioxia and Western Digital have held merger talks since 2021 but the negotiations have often stalled over a series of issues including valuation discrepancies. In Japan, the two companies jointly produce NAND flash memory chips, which are widely used in smartphones, personal computers and other devices to store digital data.
Persons: Kim Kyung, Bain, Nobuo Hayasaka, Makiko Yamazaki, Miho Uranaka, Maki Shiraki, Miyoung Kim, Tomasz Janowwski Organizations: REUTERS, Rights, Kioxia Holdings, Reuters, Intel Corp, China ., Sumitomo Mitsui Financial Group, Mizuho Financial Group, Mitsubishi UFJ Financial, Development Bank of Japan, SK Hynix, Toshiba Corp, Samsung Electronics, Nasdaq, Western, Mitsubishi, Mizuho, Sumitomo Mitsui, Western Digital, Thomson Locations: Tokyo, Japan, China, Kioxia
REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsTOKYO, Oct 17 (Reuters) - Mitsubishi Corp (8058.T) is considering bidding for Fujitsu's (6702.T) chip packaging unit Shinko Electric Industries (6967.T), two sources said, as Japan's top trading house weighs an entry into semiconductor manufacturing. Fujitsu has put its 50% stake in Shinko Electric, worth around $2.6 billion at current market prices, on sale, other sources said. A Mitsubishi spokesperson said the trading house had set up a division in June dealing with chips and materials that was looking into various opportunities. A Shinko spokesperson declined to comment. Still, semiconductor packaging remains an area of strength for Japan with Shinko, Ibiden (4062.T) and Toppan Holdings (7911.T) all major players in the global chip supply chain.
Persons: Kim Kyung, Warren Buffett's Berkshire Hathaway, Makiko Yamazaki, Maki Shiraki, Miho Uranaka, David Dolan, Muralikumar Organizations: Mitsubishi Corp, REUTERS, Rights, Electric Industries, Mitsubishi, Fujitsu, Bain Capital, KKR, Apollo Global Management, Japan Investment Corp, Intel, Devices, Toppan Holdings, Taiwan Semiconductor Manufacturing, Samsung Electronics, Reuters, Thomson Locations: Tokyo, Japan, Kyushu, Chitose . Japan
The indicative price range was set at 1,830-1,840 yen per share, KKR-backed Kokusai said in a regulatory filing on Tuesday, compared with 1,890 yen previously. Kokusai said the lower range reflected the view of institutional investors and the state of the stock market. If its IPO prices at the top of the range, Kokusai, which manufactures machines that deposit thin films on silicon wafers, will offer 108.3 billion yen ($729 million) worth of shares and have a market valuation of 423.9 billion yen, excluding an overallotment. Capital Research and Management and Lazard Asset Management have committed to purchase shares at the offer price, Kokusai said in a separate filing. Kokusai's largest customers are Samsung Electronics (005930.KS), TSMC (2330.TW) and Micron Technology (MU.O), collectively accounting for more than 40% of its revenue.
Persons: Kokusai, SoftBank Group's, Sam Nussey, Makiko Yamazaki, Miho Uranaka, Kaori Kaneko, Christian Schmollinger, Sonali Paul, Edmund Klamann Organizations: Kokusai, KKR, Capital Research, Management, Lazard Asset Management, Samsung Electronics, Micron Technology, Investors, Micron, Thomson Locations: TOKYO
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