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Jennifer Thompson

Jennifer Thompson

Assistant Companies News Editor at Financial Times

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Location
United Kingdom
Languages
  • English
Covering topics
  • Business
  • Finance & Banking Services

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Recent Articles

ft.com

Lixil of Japan pays €3bn for Grohe - Financial Times

Lixil and Development Bank of Japan are set to acquire bathroom fitting maker Grohe in a €3.06bn deal marking the largest investment made by a Japanese company in a German rival. The transaction provides a lucrative exit for Grohe’s private equity owners TPG Capital and Credit Suisse, which are expected to almost treble their initial investment selling their majority stake. It is also a positive outcome for a nine year old leveraged buyout that triggered a countrywide campaign targeting the pri…
ft.com

Japanese fast-food chain Yoshinoya to sell Fukushima produce - Fina...

A Japanese fast-food chain has set up a joint venture to produce and market food from the Fukushima prefecture a region badly affected by the nuclear accident that followed the March 2011 earthquake and tsunami. Yoshinoya will provide funds through a joint venture held with local farmers who will grow rice and vegetables in the region, produce which could then make it on to the tables of the 1,175 restaurants the chain operates in Japan. The joint venture, Yoshinoya Farm Fukushima Co, will beg…
ft.com

Culture: Leaders choose to play it cool in a global pitch of nation...

It is a concept that links brand names as disparate as Hello Kitty and Issey Miyake and activities from sushi to sumo. The notion of “Cool Japan” has long been embraced by government officials and business leaders as a framework to encourage foreign demand for Japanese consumer goods and services. The term “Gross National Cool” was brought to public attention by US writer Douglas McGray in a 2002 article for Foreign Policy. He cited Japan as an example of how a country that was not a superpowe…
ft.com

Japan's self-driving cars: safety over excitement - Financial Times

The car is cruising noiselessly along a busy highway on the crispest of autumn mornings in Tokyo. The vehicle, a Lexus hybrid, is relatively unremarkable but inside hangs an air of expectation. The moment has arrived: time to take the hands off the wheel. The driver’s palms cautiously hover several inches below the dashboard but as the car whizzes towards a bend the wheel automatically begins to twitch to the left. As it gains on the same model ahead a screen on the dashboard snaps into life d…
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Nose caricature in Japanese airline ad falls flat on its face - Fin...

Judging by the caricature with which All Nippon Airways chose to depict westerners in a 30-second television ad this week you would think it was the 19th century and Commodore Perry had just hoved into view off the Port of Tokyo to initiate Japan’s opening up to outside influence. The commercial shows two ANA pilots discussing new international routes departing from Haneda airport. When one says Japanese people should try to change their image abroad, his colleague dons a blonde wig and outsize…
ft.com

Sony: Five points to watch ahead of third-quarter results - Financi...

Sony investors have a long list of reasons to feel nervous before the Japanese group reports third-quarter results on Thursday. The company disappointed with a surprise profits warning last year after it appeared to be turning a corner, and last month Moody’s Investors Service cut the group’s credit rating to junk status. Adding to the pressure is the recent Christmas trading season when it will become clear whether the group has made good on its promise to woo a new generation of customers wit…
ft.com

ANA $16.6bn aircraft deal loosens Boeing's grip on Japan market - F...

Boeing’s dominance of the Japanese market has hit further turbulence after rival Airbus split a Y1.7tn ($16.6bn) order by All Nippon Airways for 70 new aircraft. Although the US aircraft maker won 40 of the 70 orders, the move marks another step forward by Europe’s Airbus in the Japanese passenger jet market – one traditionally controlled by Boeing with an 80 per cent share. The order by ANA to renew its ageing fleet – its biggest purchase to date – includes 14 Dreamliners, Boeing’s newest and…
ft.com

Owen Mahoney of Nexon: a US geek at the helm of a Japanese game dev...

If a tech geek could design a dream CV, it would probably look a lot like Owen Mahoney’s. He earned spare cash as a teenager in San Francisco selling early Apple PCs, worked for a dotcom start-up, and led mergers and acquisitions at Electronic Arts, the global gaming company, for almost a decade. Now as the new chief executive of the ambitious Japanese gaming company Nexon, he has seen it all. “I have developed some strong opinions on what makes a good game,” he says. “One of the advantages of…
ft.com

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News, analysis and comment from the Financial Times, the worldʼs leading global business publication
ft.com

Pension funds warned of legal action over climate risk - Financial ...

Fourteen of the UK’s biggest pension funds have been warned by lawyers they risk legal action if they fail to consider the effects of climate change on their portfolios. ClientEarth, the legal environmental campaign group that sued the UK government over air pollution, wrote to funds including the Tesco Pension Scheme, British Airways Pensions and the BP Pension Fund on Friday urging them to consider how they manage and report on climate risk. “We are concerned that you, as scheme trustees, ma…
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Subscribe to read | Financial Times

News, analysis and comment from the Financial Times, the worldʼs leading global business publication