ORIX Q1/FY2024 Earnings
ORIX Corporation delivered a strong performance in the first quarter of FY25.3, reporting a net income of 86.7 billion JPY, a significant…
Norbert Gehrke
AEON Bank to launch supply chain finance
AEON Bank, a subsidiary of AEON Financial Service, has launched a new “supply chain finance” service at the beginning of August, to meet…
Sompo Japan & Ginco enter partnership for Web3 business
Sompo Japan Insurance and Ginco have entered into a partnership to further promote the social implementation of Web3 and Web3 businesses by…
Revitalizing Japan’s Corporate Bond Market
The Japan Securities Dealers Association (JSDA) released a report in July 2024 outlining their findings and recommendations for…
Daiwa implements new securities system, built by the Daiwa Institute of Research and NEC
The Daiwa Institute of Research (DIR) and NEC announced the joint development of a new core system for financial institutions’ securities…
PayPay receives ministerial approval for salary payments to digital wallet
PayPay was designated by the Minister of Health, Labour and Welfare as a fund transfer business operator that handles digital wage payments…
Marubeni enters into mobile lending business in the Philippines
Marubeni has invested in AND Financing Corporation (AFC), a mobile lending company in the Philippines and a subsidiary of AND Global, a…
Rakuten Mobile raises funds through sale-and-leaseback of mobile network assets
Rakuten Group and Macquarie Asset Management today announced that Rakuten Mobile, a subsidiary of Rakuten Group, will raise between JPY 150…
Asuene raises USD 5.3m in Series C 2nd close, and makes first acquisition
Asuene has successfully raised approximately USD 5.3m in the 2nd close of its Series C round through a third-party allocation of shares…
Digital Garage and Resona Begin Online Lending Proof-of-Concept
Digital Garage (DG) has developed an AI model (“Insite Stream”) that evaluates the credit risk of restaurants using an industry-specific…
SuMi TRUST: What about those bear funds?
At the end of October 2023, Sumitomo Mitsui Trust Holdings (SuMi TRUST) slashed its net income forecast for FY2023 by 57.5%, JPY 200bn to…
JCBA & JVCEA submit tax reform proposal
At the end of July, the Japan Virtual and Crypto assets Exchange Association (JVCEA) and the Japan Cryptoasset Business Association (JCBA)…