banking
Sumitomo Mitsui Financial Group (SMFG) is demonstrating strong financial performance in the first three quarters of FY3/2025, with consolidated net business profit reaching 90% of its target and bottom-line profit at 98%, significantly driven by domestic business growth and gains on stock holdings. The Medium-Term Management Plan initiatives are
stablecoin
JPYC held a seminar about its Japanese stablecoin, and its potential applications, on Friday, January 31, 2025. CEO Okabe's Self-Introduction and Company Overview Okabe begins by thanking the attendees and introducing himself as the CEO of JPYC, a company he founded five years prior. He explains his background
artificial intelligence
Mizuho Financial Group has established "Mizuho's AI Engagement Policy" as a fundamental policy for utilizing AI across the group. In recent years, AI technology has been rapidly evolving, and its applications have expanded into every domain of economic society. In the financial industry as well, AI
capital markets
Anderson Mori & Tomotsune, one of Japan's leading law firms, has published a newsletter discussing the application of disclosure liability under the Financial Instruments and Exchange Act (FIEA) concerning sustainability disclosures, particularly Scope 3 greenhouse gas emissions, and the introduction of a new safe harbor provision. Introduction Sustainability
insider trading
In light of the fact that an employee of the Tokyo Stock Exchange, a subsidiary of Japan Exchange Group (JPX), was under investigation by the Securities and Exchange Surveillance Commission (SESC) on suspicion of violation of insider trading regulations, JPX established an Independent Directors' Investigation Committee on September 27,
activist investor
The combination of the Tokyo Stock Exchange's "management that is conscious of capital" policies, and active investors have led to record share buy-backs, and increased dividends during the 2024 calendar year. In response to Elliott Management, which had taken a 5.03% stake in Tokyo Gas
crypto
Open House Group has commenced cryptocurrency payment acceptance, enhancing convenience for global customers looking to purchase Japanese real estate. Initially supporting Bitcoin and Ethereum, the company will leverage its group strengths to progressively offer comprehensive, one-stop services encompassing property search, purchase, management, and sales consultation. The Open House Group boasts
venture capital
Mizuho Bank and Mizuho Capital, both consolidated subsidiaries of Mizuho Financial Group, have established the "Mizuho Business Succession and Capital Strategy Fund" (total amount: 10 billion yen) to support "capital policies aimed at smooth business succession and strengthening competitiveness of Japanese companies." Mizuho has positioned "
venture capital
SBI Holdings announced that SBI Ventures Two, a consolidated subsidiary of the Company, will acquire shares of Solaris SE, to make it a consolidated subsidiary. Reason for acquisition of shares SBI Holdings has invested in Solaris SE through the funds it manages and its subsidiary since 2017. Solaris SE has
bitcoin
Metaplanet, a leading Bitcoin Treasury Company, announced the launch of its Bitcoin Plan for 2025-2026. This plan outlines a bold strategy to accumulate 10,000 Bitcoin by the end of 2025, and 21,000 Bitcoin by the end of 2026. This would solidify the Company’s position as one of
quantum computing
SoftBank and Quantinuum agreed to a wide-ranging partnership in quantum computing. By combining their respective strengths, both companies will unlock innovative quantum computing solutions that will overcome the limitations of classical artificial intelligence (AI) and realize next-generation technologies. This unique initiative coincides with the International Year of Quantum Science and
banking
SBI Shinsei Bank is working to enhance the corporate value of the SBI Shinsei Bank Group. As part of this effort, management is examining capital policies, including the repayment of public funds, which is a significant issue. Herewith, SBI Shinsei Bank is providing an update on the current status of