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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp last week

Norinchukin Bank is discussing a capital injection into a joint venture that said its estimated loss from debt linked to First Brands Group has ballooned to almost $1 billion. https://www.japantimes.co.jp/business/2026/02/03/companies/nochu-capital-injection-joint-venture/?utm_medium=Social&utm_source=mastodon #business #companies #norinchukinbank #banks

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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 3 months ago

Norinchukin Bank isn’t letting recent credit blowups in the U.S. deter it from a plan to increase investments in the space. https://www.japantimes.co.jp/business/2025/10/28/companies/norinchukin-investment-increase/?utm_medium=Social&utm_source=mastodon #business #companies #norinchukinbank #us

The Japan Times

Norinchukin still ready to invest in credit despite losses

Chief Investment Officer Katsuhiko Ushikubo is in charge of the bank’s efforts to repair its ¥40.7 trillion portfolio after losses on foreign bonds last fiscal year.
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