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Japanese Enterprises In Europe

The EU’s Corporate Sustainability Reporting Directive

This post is also available in: JapaneseThe EU’s Corporate Sustainability Reporting Directive came into force in January of this year, which means that individual EU member governments must now adopt the directive at a national, legal level. The CSRD strengthens the existing EU Non-Financial Reporting Directive rules, in that global companies who are not listed…

Japan’s NTT Data acquires UK Sapphire Systems

This post is also available in: JapaneseNTT DATA Business Solutions AG, the German subsidiary of NTT DATA has acquired Sapphire, a UK-headquartered provider of digital operations software and services to primarily mid-market customers in the US and UK markets. This will strengthen NTT Data’s capabilities in SAP cloud and digital related services. Sapphire has over…

Daiwa Securities group acquires Irish M&A advisory IBI Corporate Finance

This post is also available in: JapaneseDaiwa Securities has added another acquisition to its European network of corporate advisory firms by acquiring IBI Corporate Finance for over 10 million euros. This will add 28 employees to the 300 or so based in Europe. More than half of the European employees are based in London and…

Fuyo General Lease to set up UK renewable energy investment subsidiary

This post is also available in: JapaneseFuyo General Lease is setting up a subsidiary in the UK from April 2024 to invest in renewable energy, particularly offshore wind. It entered the European renewable energy business in June 2022, and in about a year and a half, the total amount of investment and loans exceeded 50…

The rise of the Japanese permanent resident in Europe

This post is also available in: JapaneseThere were around a quarter of a million Japanese permanent residents living overseas in 1989, the first year of Heisei, just before Japan’s economic bubble burst. Now, as of 2022, there are over double (+126%) the number –  557,034. It has been a steady increase, with particularly strong growth…

Japanese employees see promotion to manager as a “punishment game”

This post is also available in: JapaneseNikkei Business magazine has just run a series on how Japanese employees are becoming very reluctant to be promoted to manager, seeing it as a “punishment game”. Comedy shows on Japanese TV often involve a “punishment game” (罰ゲーム batsu gehmu) where after a bet or a game like scissors…

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