Seven Bank Stake Sale to Itochu and Convenience Store ATM Restructuring
Seven & i Holdings has sold a portion of its stake in Seven Bank to Itochu Corporation, moving toward delisting the subsidiary. This shift may lead to FamilyMart switching its ATM provider from E-Net to Seven Bank, altering competition dynamics in the convenience store ATM sector.
Nippon Steel’s US Steel Acquisition Negotiations and US Government Response
Nippon Steel is advancing its acquisition of US Steel, proposing substantial capital investments as part of its full takeover plan. The outcome hinges on US government policies regarding foreign investment and domestic industry protection. Balancing strategic M&A with US economic interests will be crucial.
Honda’s EV Investment Cut and Market Adaptation
Honda has reduced its planned EV investment from ¥10 trillion to ¥7 trillion, postponing its Canadian factory expansion amid US policy shifts. The company is reassessing market demand and shifting focus toward hybrid vehicles, adapting to competition from US and Chinese automakers.
EU Sanctions on Russia’s “Shadow Fleet”
The European Union has expanded sanctions on Russia’s “shadow fleet,” significantly increasing the number of restricted vessels transporting Russian crude oil. The impact on energy markets and supply chain stability will be a key concern for businesses managing resource procurement strategies.
Japan-Netherlands Cooperation on Hydrogen Utilization
Japan and the Netherlands are strengthening collaboration on hydrogen and ammonia-based power generation. With shifting European energy policies, Japanese companies’ expertise in co-firing technology is gaining attention. The focus is on integrating renewable energy and expanding hydrogen transport infrastructure.
