Latest news with #Araki
Japan Today
25-04-2025
- Japan Today
Woman arrested for dropping Chihuahua from 6th floor of apartment building
Police in Nagoya have arrested a 52-year-old unemployed woman on suspicion of violating the animal welfare law after she dropped her Chihuahua from the sixth floor of her apartment building. Police said the incident occurred on April 18 at the building in Minato Ward. According to a Chukyo TV report, the woman, Kaori Araki, was drinking with a friend when the conversation turned to her dog. She suddenly picked up the 19-year-old male Chihuahua and said she was going to drop him to the ground. Araki took the dog out into the corridor, leaned over the railing and dropped it. The dog survived the fall but suffered brain damage. After the incident, Araki's friend called police. Police said Araki has given no motive for her act. © Japan Today
The Mainichi
24-04-2025
- The Mainichi
Nagoya woman arrested for allegedly dropping pet Chihuahua from 6th floor
NAGOYA -- A local woman was arrested April 23 after intentionally dropping her pet Chihuahua from the sixth floor of an apartment building. Kaori Araki, 52, of Nagoya's Minato Ward is suspected of violating the animal welfare law when she allegedly dropped her 19-year-old Chihuahua from the hallway on the sixth floor, where she lives, on April 18. She has reportedly admitted to the allegations. According to Aichi Prefectural Police's Minato Police Station, Araki was drinking with her friend at home at the time of the alleged act. When the conversation topic turned to the pet dog, she all of a sudden grabbed her dog and went to the hallway. The friend then called the police. The male Chihuahua survived the fall, but sustained brain damage and apparently cannot stand on his own. The police are looking into details, including the motives.
Reuters
18-04-2025
- Business
- Reuters
Carlyle in white knight talks with Makino, say sources, as Nidec takeover battle heats up
TOKYO, April 18 (Reuters) - Private equity giant Carlyle is in talks with Japan's Makino Milling Machine (6135.T), opens new tab as a potential white knight buyer to counter a $1.81 billion hostile takeover bid from Nidec (6594.T), opens new tab, four people familiar with the matter said. The sources declined to be named as the information is not public. The battle to take the machine tool manufacturer private is heating up, with Nidec launching its tender offer for 11,000 yen ($77.30) per share on April 4 and Makino's board approving a "poison pill" takeover defence last week. The offer values Makino at 257 billion yen. Makino had received interest from Carlyle, MBK Partners and Nippon Sangyo Suishin Kiko Group (NSSK) but the latter has dropped out, according to three sources, including two of the four people familiar with the matter. Carlyle has turned more cautious in the aftermath of U.S. tariff announcements, one of the sources said. It is not yet clear whether Carlyle will put in a formal offer, three of the people said. Carlyle and Makino declined to comment. NSSK and MBK did not respond to Reuters' requests for comment. The tussle illustrates the intensifying dealmaking environment in Japan. It is rare to make an solicited bid without making prior contact, as Nidec has done. Nidec on Wednesday filed for an injunction to block the "poison pill", which issues free stock warrants to existing shareholders to dilute Nidec's stake and hinder a takeover. Makino has asked shareholders not to tender to Nidec, arguing that as talks with white knight suitors are ongoing, launching the bid at this stage does not leave enough time for shareholders to make a decision. The deal comes as Japanese authorities are actively promoting M&A deals. Japan's economy ministry published guidelines in 2023 that cracked down on takeover defence tactics and state credible offers must be given proper consideration. The guidelines add that poison pills are appropriate if the buyout would harm corporate value and shareholders' common interests. "Makino's reaction is the classic reaction of a Japanese company targeted by a buyer," said Takamitsu Araki, chief M&A officer at Nidec. "Our ultimate goal is to expand the enterprise value and increase employment. We're totally strategic," Araki added. The share issue still requires shareholder proposal at Makino's annual general meeting, scheduled for June. ($1 = 142.3000 yen)
Japan Times
11-03-2025
- Business
- Japan Times
Osaka Expo-linked spending expected to hit ¥1 trillion
Spending related to the 2025 Osaka Expo will reach ¥1 trillion, according to a forecast by Resona Research Institute. There are hopes the expo, which will be held for six months from April 13, will help spur regional economic revitalization. Related spending will include direct outlays from visitors to the event, such as fees for tickets and transportation, and spending outside the site, including on accommodation, restaurants and travel to nearby areas. Hideyuki Araki, chief researcher of the institute, estimated spending related to the expo on the assumption that 28 million people will visit the event through October. The ¥1 trillion projection includes ¥196 billion for tickets and ¥212 billion for transportation. Spending outside the site, such as on hotels, restaurants and tourism to nearby areas, is estimated at ¥462 billion, causing new demand in the Kansai region to reach ¥567 billion. With increasing numbers of tourists in mind, Araki said that spending may exceed the estimate. However, the balance of accommodation supply is worsening due to labor shortages. "Depending on the response to accommodation demand, tourism after the expo may face difficulties," Araki said.
