The announcement caught stock analysts by surprise but is likely to help the Japanese firm reduce leverage.
The timing of the deal appears fortuitous after Japan's government said it would delay a sales tax and competitor McDonald's Japan flounders in the wake of food-safety scandals.
As the G7 Summit wraps up in Japan, FinanceAsia looks at how sub-zero rates are working out for the world's third largest economy.
FinanceAsia is about to enter its third decade. We invite you to help us celebrate through stories dedicated to the past and future 20 years of Asia's financial markets.
FinanceAsia is pleased to reveal Japan's leading financial institutions and deal makers.
The Taiwanese manufacturer is likely to look to build international electronic appliances and devices distribution with the Japanese name.
The private equity firm is looking to help the Japanese software company expand in cloud computing.
The private equity firm has invested in GGC, owner of the bean sprout brand “Meisui Bijin”.
FinanceAsia is pleased to invite Japan's leading financial institutions to submit their pitches for this year's awards.
Taro Aso has made some promising proposals but faces challenges from a mountain of public debt. He is 10th out of 12 in FinanceAsia's Finance Minister of the Year ranking.
The Japanese megabank is buying a 20% stake in Philippine lender Security Bank in an acceleration of its overseas shift.
Mitsubishi UFJ Securities Hong Kong named Yasutaka Suehiro its CEO as expansion continues.
The new president of UBS's Asia operations tells FinanceAsia there are broad-based growth opportunities in China and Japan.
Doom and gloom seems to pervade most views of Asia’s markets in 2016. So FinanceAsia has sought out some potential positives for the coming year.