TOKYO : Saudi Arabia's Public Investment Fund (PIF) has increased its stake in Toei Co Ltd to 6 per cent, a filing showed on Friday, reflecting the sovereign wealth fund's growing exposure to the Japanese media industry.PIF's stake in the Tokyo-based film and animation firm has risen from 5 per cent to 6.
TOKYO : Saudi Arabia's Public Investment Fund has increased its stake in Toei Co Ltd to 6 per cent, a filing showed on Friday, reflecting the sovereign wealth fund's growing exposure to the Japanese media industry.
PIF's stake in the Tokyo-based film and animation firm has risen from 5 per cent to 6.03 per cent, according to the ownership report filed with Japanese regulators. PIF last month revealed raising its stake in the e-sports giant Nintendo to 8.26 per cent. The leading sovereign fund has also invested in Japanese gaming companies Nexon, Capcom and Koei Tecmo.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan's Marubeni, Saudi's PIF weighing clean hydrogen production in kingdomTOKYO : Marubeni Corp has agreed to study clean hydrogen production in Saudi Arabia together with the kingdom's sovereign wealth fund, the Japanese trading house said on Thursday, as Riyadh is exploring cleaner energy to cut its reliance on oil. Saudi Arabia, a leading oil-producing nation and a key playe
Read more »
Japanese ‘peer pressure’ may prevent return to pre-Covid life: Yomiuri Shimbun contributorThe writer says PM Kishida may need to use of peer pressure to convince the Japanese people to take off their masks. Read more at straitstimes.com.
Read more »
Japanese high school student stabbed teacher, mutilated multiple catsA 17-year-old boy who was arrested over the attempted murder of a teacher on Wednesday has also admitted to dismembering several cats and scattering their body parts across Saitama city in Japan. At least five of such cases involving cat parts found in elementary school...
Read more »
Japanese investors turn net sellers of overseas bonds on US rate worriesJapanese investors turned net sellers of foreign bonds last week, after three weeks of buying, as US bonds fell on concerns over further policy tightening by the Federal Reserve. They sold a net ¥332.6 billion (US$2.43 billion) worth of overseas bonds last week, marking their first weekly net selling sinc
Read more »
Japan's corporate capex rises in boost to economic recovery hopesTOKYO :Japanese companies raised spending on plant and equipment for a seventh straight quarter through to the end of 2022, data released on Thursday showed, offering relief to policymakers counting on a private demand-led recovery from COVID.Ministry of Finance (MOF) data showed Japanese firms raised capital
Read more »
Japan inn sorry for changing communal bathwater twice a yearMr Makoto Yamada, president of the company that operates the nearly 160-year-old inn, said the facility had neglected to keep the water hygienic by using enough chlorine. He 'didn't like the smell' of the chemical, he said at a press conference.
Read more »