2025-02-27 20:42:00
Seven & i Holdings is currently receiving a takeover bid from a major Canadian convenience store chain, and the founding family had been aiming to take the company private, but has abandoned the plan as there is no prospect of raising funds. Seven & i will now be considering whether to accept the bid from the Canadian company or try to recover its performance on its own.
2025-02-27 19:10:00
In order to realize a growth-oriented economy, Prime Minister Ishiba stated his intention to promote investment in the country through public and private efforts, accelerating the growth of "medium-sized companies" and supporting product development in areas such as health and disaster prevention.
2025-02-27 18:28:00
On the 27th, the Tokyo foreign exchange market saw a slight rise in the yen as investors sold dollars and bought yen due to concerns over US President Trump's tariff policies.
2025-02-27 18:22:00
All ten major electric power companies will see an increase in electricity bills this April due to reduced government subsidies.
2025-02-27 18:20:00
The G20 finance ministers and central bank governors meeting being held in South Africa began its second day of discussions in the evening of the 27th (Japan time), with opinions being exchanged on topics such as international tax rules for large IT companies.
2025-02-27 17:58:00
Due to the decline in domestic vegetable production, imports from overseas are increasing. Of these, cabbage imports in January reached a record high of 42 times that of the same month last year.
2025-02-27 17:51:00
Seven & i Holdings is currently receiving a takeover bid from a major Canadian convenience store chain, and the founding family had been aiming to take the company private, but has abandoned the plan as there is no prospect of raising funds. Seven & i will now be considering whether to accept the bid from the Canadian company or try to recover its performance on its own.
2025-02-27 16:30:00
Sales of four of the six major Japanese automakers in the U.S. last month exceeded those of the same month last year. This is mainly due to favorable sales of SUVs (sports utility vehicles) and hybrid vehicles, but the future is uncertain as President Trump considers imposing tariffs on cars imported into the U.S.
2025-02-27 16:01:00
On the 27th, the Tokyo stock market saw a mix of buying and selling due to concerns over US President Trump's tariff policies, and the Nikkei average saw little movement.
2025-02-27 15:19:00
Mizuho Bank has announced that the employee who stole customer cash from a safe deposit box six years ago was a woman in her 30s working at a branch in Tokyo at the time, and that she had used a spare key to the safe deposit box to steal a total of 66 million yen over a period of three and a half years from 2016.
2025-02-27 13:51:00
On the 27th, the National Transport Council held a public hearing to hear public opinions regarding a fare increase proposed by JR East to take effect in March of next year.
2025-02-27 13:39:00
The first face-to-face meeting of the "Hiroshima AI Process Friends Group," which discusses the promotion of the use of generative AI and the creation of common rules, began in Tokyo on the 27th. Director-general-level officials from each country are scheduled to discuss issues surrounding AI, with a focus on whether it can be used safely.
2025-02-27 12:20:00
A private lunar lander carrying a small lunar rover developed by a Tokyo-based venture company was launched from a launch site in Florida, USA, on the morning of the 27th, Japan time.
2025-02-27 12:18:00
Mizuho Bank has announced that the employee who stole customer cash from a safe deposit box six years ago was a woman in her 30s working at a branch in Tokyo at the time, and that she had used a spare key to the safe deposit box to steal a total of 66 million yen over a period of three and a half years from 2016.
2025-02-27 12:12:00
On the 27th, the Tokyo stock market saw a mix of buying and selling due to speculation over US President Trump's tariff policies, and the Nikkei average stock price fluctuated only slightly.
2025-02-27 12:00:00
Seven & i Holdings is currently receiving a takeover bid from a major Canadian convenience store chain, and the founding family had been aiming to take the company private, but has abandoned the plan as there is no prospect of raising funds. Seven & i will now be considering whether to accept the bid from the Canadian company or try to recover its performance on its own.
2025-02-27 11:52:00
American IT giant Amazon has announced that it will begin offering the latest voice assistant that utilizes generative AI. Google is also working on similar initiatives to develop products and services equipped with generative AI, and the focus will be on how widespread this will become in the future.
2025-02-27 11:30:00
The first face-to-face meeting of the "Hiroshima AI Process Friends Group," which discusses the promotion of the use of generative AI and the creation of common rules, began in Tokyo on the 27th. Director-general-level officials from each country are scheduled to discuss issues surrounding AI, with a focus on whether it can be used safely.
2025-02-27 11:07:00
Nvidia, a major American semiconductor manufacturer that develops semiconductors for generative AI, reported record quarterly sales and net profits for the three months ending last month, buoyed by the rapid spread of generative AI around the world.
2025-02-27 09:56:00
Seven & i Holdings has revealed that the founding family has abandoned plans to buy the company and take it private, citing a notice from the family stating that they were no longer able to raise the funds necessary to make a formal proposal.
2025-02-27 09:50:00
Mizuho Bank has revealed that a bank employee who had been stealing customer cash from safe deposit boxes at its branches had stolen a total of 66 million yen from two customers' safe deposit boxes. The employee was a woman in her 30s who worked at the Hiroo branch in Tokyo at the time, and she is said to have committed the thefts by illegally using spare keys to safe deposit boxes kept at the branch between around January 2016 and June 2019. The bank said it dismissed the employee in October 2019 for disciplinary reasons.
2025-02-27 07:28:00
Nvidia, a major American semiconductor manufacturer of semiconductors for generative AI, announced its financial results for the three months ending in January last month. With the accelerated development race for generative AI spreading around the world, and supported by demand for semiconductors for data centers, sales increased 78% compared to the same period last year to 39.331 billion dollars, or about 5.86 trillion yen, and final profit increased 80% to 22.091 billion dollars, or about 3.29 trillion yen, both of which were record highs for a quarter.
2025-02-27 07:18:00
The Bank of Thailand lowered its policy interest rate by 0.25% on the 26th. This is the first interest rate cut in four months, and it has made clear its intention to support the economy amid growing concerns about the future of the economy due to tariffs imposed by the Trump administration in the United States.
2025-02-27 05:44:00
The first day of discussions at the G20 Finance Ministers and Central Bank Governors Meeting held in South Africa has concluded. As U.S. President Trump sets out new tariff policies, various countries have expressed views on the current state of the global economy, including the growing uncertainty caused by the spread of protectionism.
2025-02-27 00:01:00
Regarding Seven & i Holdings, which has received a takeover proposal from a major Canadian convenience store chain, the founding family is aiming to take the company private, but it has been revealed that major trading company Itochu Corp., which had requested cooperation, has decided not to invest. Taking the company private under the current framework that the founding family has been considering is now in a difficult situation, and they will be forced to reconsider their plan.
