Tokyo Market

Yamato's mission

To deliver 9% ROE whatever it takes

TOKYO -- Yamato Holdings will likely carry out multiple large-scale stock buybacks as it works to lift return on equity to 9% or higher by fiscal 2016. "We will use all means that are available to us," an official says of the company's determinat...

  • Double-digit gains

    KDDI steps up corporate and global ops to continue growth

    TOKYO -- Japan's KDDI expects all its segments to contribute to another year of double-digit profit gains in fiscal 2015, and is beefing up its corporate and global businesses to make it happen. "We will aim for profit gains in all of our four se...

  • Superlong JGBs down on worries over coming 40-year auction

    TOKYO (Dow Jones) -- Super-long Japanese government bonds fell sharply in late Tokyo trading hours Friday, mirroring concerns that they may have become too expensive for investors to buy. After touching 1.355% early in the session, the lowest sin...

  • Tokyo stocks rise on hopes for new economic policies by Abe

    TOKYO (Kyodo) -- Tokyo stocks edged higher on investor hopes for a release of fresh economic policies by Prime Minister Shinzo Abe later in the day in the wake of the dissolution of the lower house. The 225-issue Nikkei Stock Average rose 56.65 p...

  • Dollar drops to mid-117 yen level on minister's warning on weak yen

    TOKYO (Kyodo) -- The U.S. dollar briefly dropped to the mid-117 yen level Friday morning in Tokyo, retreating from a seven-year high above 118 yen after Japan's finance minister warned against the yen's recent steep fall. At noon, the dollar fetc...

  • Yen's slide vs. US dollar this week is "too fast": Aso

    TOKYO (Kyodo) -- Finance Minister Taro Aso on Friday expressed wariness about the sharp depreciation of the yen against the U.S. dollar this week, saying rapid moves in the foreign exchange market are "not desirable" for the Japanese economy. "It...

  • Tokyo stocks drop in morning on pause in weaker yen

    TOKYO (Kyodo) -- Tokyo stocks dropped Friday morning as a stall in the yen's depreciation against the U.S. dollar weighed on export-related shares. The 225-issue Nikkei Stock Average shed 135.36 points, or 0.78 percent, from Thursday to 17,165.50...

  • Tokyo stocks open lower on profit-taking

    TOKYO (Kyodo) -- Tokyo stocks opened lower Friday, weighed down by selling to take profits amid a sense of market overheating following the Nikkei index's 19 percent gain since Oct. 17. In the first 15 minutes of trading, the 225-issue Nikkei Sto...

  • Dollar trades at lower 118 yen in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the lower 118 yen range early Friday in Tokyo, little changed from its levels overnight in New York. At 9 a.m., the dollar fetched 118.25-26 yen compared with 118.15-25 yen in New York and 118.57-59 yen ...

  • Sharing the wealth

    Corporate Japan boosting returns to investors

    TOKYO -- Listed companies here could return about 10 trillion yen ($83.8 billion) to investors for fiscal 2014, with 600 or so raising or restoring dividends to signal improved performance and use of capital. Casio Computer has enjoyed strong sal...

  • Skylark shares soar

    Investors flock back as restaurant chain tames cost inflation

    TOKYO -- Family-restaurant chain operator Skylark's stock staged a turnaround after the company's earnings briefing Friday, as robust figures helped dispel concerns about its vulnerability to a weaker yen. Skylark shares had been trending downwar...

  • Dollar leaps into upper 118 yen on Japan, US policy divergence

    TOKYO (Kyodo) -- The U.S. dollar climbed into the upper 118 yen zone in Tokyo on Thursday for the first time since August 2007, reflecting traders' confidence that the monetary policy tacks of the Bank of Japan and U.S. Federal Reserve are set to div...

  • New option for investors

    JPX-Nikkei Index 400 Futures to debut on Osaka Exchange

    TOKYO -- The Osaka Exchange will launch trading of JPX-Nikkei Index 400 futures on Nov. 25. The move will increase options for investment management to protect against losses. The minimum trading unit is relatively small, making it easier for ret...

  • Tokyo stocks eke out gains on yen's accelerated depreciation

    TOKYO(Kyodo) -- Tokyo stocks ended choppy Thursday trading slightly higher as buying on the yen's drop gained the upper hand over selling after the market's recent rally. The 225-issue Nikkei Stock Average rose 12.11 points, or 0.07 percent, from...

  • JGBs Gain After Firm Liquidity Enhancement Auction

    TOKYO (Dow Jones) -- Long and superlong Japanese government bonds gained Thursday after a strong liquidity enhancement auction drew firm demand. Traders said market participants placed more bids to buy old issues of 20-, 30- and 40-year bonds at ...

  • Market winners and losers

    Property, brokerage stocks buoyed by extra BOJ easing

    TOKYO -- Japanese stocks have been swayed by a string of developments in recent weeks. The Bank of Japan surprised the market Oct. 31 with additional monetary easing. On Monday came the release of negative gross domestic product data for the July-Sep...

  • Dollar edges up in lower 118 yen zone on divergence of BOJ, Fed

    TOKYO(Kyodo) -- The U.S. dollar rose within the lower 118 yen range in Tokyo on Thursday morning, surpassing its highest level in about seven years and three months logged in New York overnight, amid anticipation of further monetary policy divergence...

  • Tokyo stocks nearly flat as selling after rally offsets weaker yen

    TOKYO(Kyodo) -- Tokyo stocks ended Thursday morning nearly flat as selling to lock in recent gains offset buying on the yen's decline to the lowest level in seven years and three months against the U.S. dollar. The 225-issue Nikkei Stock Average ...

  • Tokyo stocks open higher on yen's fall

    TOKYO (Kyodo) -- Tokyo stocks opened higher Thursday as the yen's fall to the lowest level in seven years and three months against the U.S. dollar provided a boost to export-related automakers and high-tech shares. In the first 15 minutes of trad...

  • Dollar rises in lower 118 yen range in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the lower 118 yen range early Thursday in Tokyo, surpassing its highest level in about seven years and three months that was logged in New York overnight. At 9 a.m., the dollar fetched 118.15-19 yen comp...