Could Hikari Tsushin (TSE:9435) Be Signaling a New Approach to Debt Management?

Hikari Tsushin recently announced the issuance of its 54th unsecured corporate bond, raising ¥15 billion to fund upcoming bond redemption. This move highlights the company’s intent to maintain financial flexibility and may reinforce its ability to manage debt obligations effectively. We’ll explore how this large-scale bond issuance shapes Hikari Tsushin’s investment narrative through its focus…

Student debt relief: U.S. Ed. Dept. makes changes

The U.S. Department of Education has limited who can get student debt relief under the Public Service Loan Forgiveness Program, with the Trump administration saying they will not cancel loans for people involved with employees that provide support for undocumented immigrants or gender affirming care for minors. Several groups say they are planning to challenge…

The Problem With Sports Gambling

Last week, an FBI investigation into gambling led to the arrest of several prominent basketball stars, raising questions about the state of legalized sports betting, which has enriched professional sports and sports media. The problems with sports gambling extend far beyond the integrity of the game. A 2024 working paper from economists at UCLA, Harvard, and USC…