TOKYO (Reuters) – Carlyle Group said on Tuesday it would buy Japanese bearings parts maker Tsubaki Nakashima Co. from Nomura Holdings in a deal that could be worth around $800 million, the largest buyout in Japan in more than a year.

Nomura said it would sell a 95.56 percent stake in Tsubaki Nakashima to Carlyle, adding that it estimated the company’s value at 66 billion yen ($807 million).

TOKYO, Feb 16 (Reuters) – Morgan Stanley funds could lose the
keys to two prime office buildings in Tokyo when the debt matures
in the next few months, sources said, the latest fallout from a
series of highly leveraged investments in the run-up to the
financial crisis.

Morgan Stanley (MS.N: Quote, Profile, Research, Stock Buzz) was one of the most aggressive
investors in global property markets during a debt-fuelled boom
that fizzled out in 2008. Japan was one target region for
investments made through funds known as MSREF.

TOKYO (Reuters) – Plans by Nippon Steel Corp and Sumitomo Metal Industries to merge and create the world’s second-largest steelmaker have once again put the spotlight on Japanese companies’ need to combine forces to better compete globally.

Industry consolidation is also needed to boost profitability and tackle the crowded and shrinking markets in Japan.

TOKYO (Reuters) – Plans by Nippon Steel Corp (5401.T: Quote, Profile, Research, Stock Buzz) and Sumitomo Metal Industries (5405.T: Quote, Profile, Research, Stock Buzz) to merge and create the world’s second-largest steelmaker have once again put the spotlight on Japanese companies’ need to combine forces to better compete globally.

Industry consolidation is also needed to boost profitability and tackle the crowded and shrinking markets in Japan.

TOKYO (Reuters) – Japan’s Nippon Steel Corp (5401.T: Quote, Profile, Research) and Sumitomo Metal Industries plan to merge to create the world’s second-largest steelmaker in an effort to fend off tough competition from Asian rivals and offset shrinking demand from domestic automakers.

The deal, which would likely see Japan’s top steelmaker Nippon Steel acquiring Sumitomo Metal, comes as the industry grapples with surging raw materials prices, exacerbated recently by floods in Australia.

TOKYO (Reuters) – Japan’s Nippon Steel Corp (5401.T: Quote, Profile, Research, Stock Buzz) and Sumitomo Metal Industries (5405.T: Quote, Profile, Research, Stock Buzz) said they would merge next year to create the world’s second-largest steelmaker after ArcelorMittal (ISPA.AS: Quote, Profile, Research, Stock Buzz), aiming to cut costs and accelerate expansion overseas.

The deal, which would likely see the larger Nippon Steel acquiring Sumitomo Metal with a market value of about $11 billion, follows a flurry of consolidation among global steelmakers and comes as the industry grapples with surging raw materials prices, exacerbated recently by floods in Australia.

TOKYO, Feb 3 (Reuters) – Japan’s Nippon Steel Corp (5401.T: Quote, Profile, Research)
and Sumitomo Metal Industries (5405.T: Quote, Profile, Research) said they would merge next
year to create the world’s second-largest steelmaker after
ArcelorMittal (ISPA.AS: Quote, Profile, Research), aiming to cut costs and accelerate
expansion overseas.

The deal, which would likely see the larger Nippon Steel
acquiring Sumitomo Metal with a market value of about $11
billion, follows a flurry of consolidation among global
steelmakers and comes as the industry grapples with surging raw
materials prices, exacerbated recently by floods in Australia.

TOKYO (Reuters) – Nomura’s lackluster quarterly profit and rising costs show Japan’s biggest brokerage faces formidable challenges in expanding overseas, a key strategy that an executive told Reuters will take it to China within a year and a half.

By buying the non-U.S. businesses of failed Lehman Brothers in 2008 and by boosting staffing in America, Nomura embarked on a strategy of seeking out profits in foreign markets as it became harder to make money at home.

TOKYO, Jan 31 (Reuters) – Japan’s Daito Trust Construction
(1878.T: Quote, Profile, Research, Stock Buzz) will spend $2.6 billion to buy out its founder and top
shareholder, whose previous attempt to sell had raised the
prospect of the company being taken over.

Daito, a developer of commercial and residential real estate,
said in a statement that it had agreed to buy 31 percent of its
shares controlled by Katsumi Tada, its chairman and founder.

TOKYO, Jan 28 (Reuters) – Fujitsu Ltd (6702.T: Quote, Profile, Research, Stock Buzz), Japan’s
largest IT vendor slashed its full-year operating profit forecast
by more than a fifth as persistent weak demand for its data
centers and other services defied expectations for a rebound.

Fujitsu’s pessimistic outlook contrasts with rival
International Business Machines Corp (IBM.N: Quote, Profile, Research, Stock Buzz) which this month
reported a 9 percent jump in fourth-quarter net profit, and which
reassured investors with a pick-up in the signings of services
contracts.