Hints and tips:
...Elliott’s move, which marks its fourth major public foray into the Japanese stock market after engagements with Toshiba, SoftBank and Dai Nippon Printing, targets a company with a property empire that stretches...
...Nippon Paint’s co-president Yuichiro Wakatsuki said he remains “cautiously optimistic” about China despite investor concerns about the impact of the slowdown for the Japanese group, which makes 35 per cent...
...The activist fund Elliott Management has become one of the largest shareholders of Dai Nippon Printing — a 146-year-old Japanese conglomerate with a huge but unheralded global share in components of electric...
...In late 2022, as US activist fund Elliott Management was quietly building a large stake in Dai Nippon Printing, the family-run Japanese conglomerate was searching for a new business plan bold enough to lift...
...Mizuho splashed out $550mn for US boutique investment bank Greenhill & Co. The US has been by far the most popular hunting ground for Japanese chief executives....
...Goldman Sachs co-head of Latin America Ricardo Mora is leaving the bank, DD reports....
...The move by DMG, which was created through the merger of Japanese Mori Seiki and its German rival Gildemeister, comes as tensions rise between the EU and China over the war in Ukraine....
...Shares in Japan’s Dai Nippon Printing soared on Friday by their biggest-ever margin after the company appeared to bow to pressure from activist investor Elliott Management by announcing a record share buyback...
...Demand for electric cars has galvanised the $700mn market, dominated by Dai Nippon and Resonac, formerly known as Showa Denko. Dai Nippon’s shares peaked in 2006....
...Saint-Gobain, Nippon Sheet Glass, Guardian Glass and Ardagh Group are other large foreign glass manufacturers with a presence in the UK....
...Last year, Nippon Paint paid more than $3bn for paint-makers in Australia and Turkey....
...Nippon Paper started selling the product this month to restaurants....
...His son, Goh Hup Jin, was chairman of Nippon Paint between 2018 and 2019....
...“Overseas Chinese still have economic power [in south-east Asia] — you have to co-operate with them.” Uniqlo currently has about 60 stores in North America and 100 in Europe....
...billion (WSJ) H2O suffers payment problems on illiquid bonds (FT) Nikola targets critical YouTube accounts in copyright crackdown (FT) Suez backs French buyout group Ardian’s eleventh-hour bid (FT) Nippon...
...Shares in DuluxGroup surged 27.6 per cent in Tokyo on Wednesday, while Nippon Paint fell as much as 4 per cent....
...Kato cites the examples of 7-Eleven Japan, which was owned by the Ito-Yokado supermarket chain, and Fuji Television Network and Nippon Broadcasting System....
...Nippon Express will instead switch to a system based on job roles....
...Its heavyweight domestic rival, Nippon Paper Industries, last month established an elite “Paperising Promotion Office”....
...Nippon Steel sold shares in Sumco and bought out Nisshin Steel. The question is whether the unique alliance between Nissan, Renault and Mitsubishi Motors makes this case sui generis....
...Nippon Life, the country’s biggest life insurer, has followed suit with a $1.7bn deal in 2015 for the life insurance business of National Australia Bank....
...Shares in Axalta fell 15 per cent to $31.88 in early afternoon US trading, after it said that its talks with Nippon Paint had ended....
...Neither Akzo nor Nippon Paint have much exposure to the large North American market. Akzo only generates 17 per cent of its top line there, Nippon Paint gets less than half that....
...Reuters first reported Nippon Paint’s intervention....
...Nippon Paint and smaller rival Kansai Paint have both stated a desire to secure a stronger place in the global coatings business....
International Edition