KKR & Co. is considering teaming up with state-backed Innovation Network Corp. of Japan as it seeks to buy a majority stake in Panasonic Corp.’s health-care unit, said three people with knowledge of the matter.
Takao Suzuki was chairing a board meeting on the fourth floor of Daito Bank Ltd. headquarters when the earthquake struck. As windows shattered and the floor shook, he dashed for the door, opening it to secure an escape route.
Nomura Holdings Inc.’s appointment of domestic brokerage head Koji Nagai as the new chief signals a retrenchment into its home market as Japan’s biggest investment bank reels from an insider-trading scandal and losses overseas.
Former Bank of Japan Deputy Governor Kazumasa Iwata, an advocate of expanded stimulus, joined economists predicting the bank’s new chief Haruhiko Kuroda will fail to meet his deadline for a price target.