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Shares of Shinsei Bank Ltd. and Aozora Bank Ltd. suffered sizeable losses Monday morning in Tokyo after the Nikkei business daily reported that the two companies won't merge as planned in October because they haven't been able to agree on a business strategy.
Beverage sales suffered an "anemic" start to the year as overall demand continued to decline, but competition in the industry is likely to remain intense, especially after the failed merger of Kirin Holdings Co. and unlisted rival Suntory Holdings, analysts said.

Shipments of beer and beer-like beverages dropped 12.9% year-on-year to their lowest level ever for January since record-keeping beg
Toyota Motor expects its global auto sales to rise 6 percent in 2010 as the industry recovers from its worst ever downturn, likely maintaining its lead over Volkswagen and General Motors as the world's biggest automaker.
U.S. private equity firm Bain Capital said on Monday it would acquire the Japan franchisee of Domino's Pizza as it sees opportunities in the country's niche pizza delivery market.

Bain Capital said in a statement that it would buy Japanese firm Higa Industries Co from Duskin Co, Daiwa SMBC Capital and Ernest Higa, the founder of Higa.
A state-backed fund crafting a restructuring plan for Japan Airlines (9205.T) is leaning towards a delisting of the carrier after it files for bankruptcy, a source with knowledge of the matter said.

The fund, called the Enterprise Turnaround Initiative Corp of Japan (ETIC), has been considering a plan that would allow Japan Airlines to keep its listing on the Tokyo Stock Exchange, sources tol
Most Asian markets advanced, with Japanese exporters helped by the yen's recent weakness, while Hutchison Telecom's shares surged in Hong Kong on an offer to take the company private.

Toyota Motor added 2.9%, Honda Motor rose 3.1%, while Sony rose 2.4% and Panasonic gained 1.9% as the yen weakened during the session, before rebounding in late Asian trading.