Nobuhiro Doi and Bank of Kyoto

Bank of Kyoto Ltd.: The household names differ from the typical stable shareholdings of Japanese lenders because Bank of Kyoto invested in them when they were startups and has supported them ever since, Doi, 59, said in a recent interview, according to The Japan Times. The holdings also generate attractive dividends, especially compared with the low returns from lending in Japan, he said. Bank of Kyoto Ltd. sees no need to sell stakes in customers such as Kyocera Corp., Nintendo Co. and Nidec Corp., the regional lender President Nobuhiro Doi said. Doi stance puts him at odds with the nation biggest banks, which pledged in November to sell holdings that they cannot justify for reasons other than pure investment. Lenders including Mitsubishi UFJ Financial Group Inc. may sell ¥5.6 trillion in equity stakes by March 2019, Bloomberg Intelligence Analyst Francis Chan estimates. Abe wants companies to reduce shares in each other to improve governance and limit their exposure to market swings like this year global rout. (news.financializer.com). As reported in the news.