TYO:8604

3 stories mentioning TYO:8604

Every FINWIRES story that references TYO:8604, newest first.

UK, Japan Enter Into GBP 18 Billion Deal to Boost Clean Energy, Jobs, Next-Generation Tech

British and Japanese leaders are set to finalize an 18 billion pound sterling agreement expected to create "tens of thousands of new jobs" in offshore wind, infrastructure, and finance, according to a statement on Saturday.Under the deal, several Japanese companies committed 5-year investments to UK projects, including 2 billion pounds sterling by Mitsubishi Estate(TYO:3481), 3.8 billion pounds sterling by Mitsui Fudosan (TYO:8801), and 500 million pounds sterling by Nomura Real Estate (TYO:3231).Additional pledges include Mizuho Financial's 3 billion pound sterling expansion of its UK operations, Eisai's (TYO:4523) 48 million pound sterling government-backed facility upgrade, and an offshore wind compact facilitating up to 9 billion pound sterling for floating wind projects in the North and Celtic Seas.Legal & General also broke ground on a 135 million pound sterling London housing project in partnership with Nomura (TYO:8604), marking the firm's first UK homebuilding venture.Prime Minister Keir Starmer will host his Japanese counterpart and business delegates in London before the G7 meeting in France, where over 10 commercial and government agreements are expected to be signed.

Nikkei 225TYO:3231TYO:3481TYO:4523TYO:8604TYO:8801

Asia52d ago

Nomura Holdings' Full-Year Net Income Climbs 6.3%

Nomura Holdings' (TYO:8604) net income attributable to owners of its parent company rose 6.3% to 362.1 billion yen for the fiscal year ended March 31 from 340.7 billion yen a year earlier.Japan's largest investment bank and brokerage group's net income per share increased to 118.99 yen from 111.03 yen a year ago, according to a Tokyo bourse filing on Friday.Net revenue jumped 15% to 2.168 trillion yen from 1.892 trillion yen in the prior year. Total revenue edged up 0.5% to 4.758 trillion yen from 4.737 trillion yen.In a separate disclosure, Nomura declared a 24 yen per share dividend for shareholders of record as of March 31, down from 34 yen per share a year earlier. The payment is scheduled for June 1.Nomura does not provide earnings or dividends forecasts for the fiscal year ending March 31, 2027, citing uncertainties in global capital markets.

TYO:8604

Asia63d ago

Market Chatter: Oil Price Surge Clouds Japan's Earnings Season as Key Sectors Face Pressure

Japanese firms face a dimmer earnings outlook after the collapse of US-Iran peace talks drove oil prices higher, Bloomberg reported Monday, citing analysts.Chemical makers and other oil-dependent industries face acute vulnerability as the Strait of Hormuz blockade affects over 90% of Japan's crude imports, the news wire said.The surge in oil prices has prompted Nomura's (TYO:8604) Nomura Securities to lower its earnings forecasts for major firms, including Kao (TYO:4452) and Unicharm (TYO:8113), the publication said.Meanwhile, retailers have adopted a cautious stance: budget Italian chain Saizeriya (TYO:7581) cut its full-year profit guidance, and Aeon (TYO:8267) warned about soaring energy and logistics expenses, according to the report.Equity analysts downgraded earnings forecasts for Topix 500 companies in 113 cases last week, marking the first time since July that downgrades have outnumbered upgrades, the news outlet reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225TYO:4452TYO:7581TYO:8113TYO:8267TYO:8604