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Kaho Shimizu
Japan Times
BUSINESS
Mar 15, 2007
Auto, electronics workers get pay hikes
Major automakers and electronics companies agreed Wednesday to raise base wages and bonuses for their employees for the second consecutive year as they enjoy improved earnings amid continued economic growth.
BUSINESS
Mar 2, 2007
Sapporo questions fund ahead of possible takeover
Sapporo Holdings Ltd., the target of an unwanted takeover bid by U.S. hedge fund Steel Partners Japan Strategic Fund (Offshore) LP, asked the fund Thursday to provide more information on its buyout offer.
BUSINESS
Feb 28, 2007
Nikko to sue former execs over accounting fraud
Nikko Cordial Corp., facing possible delisting from the Tokyo Stock Exchange, said Tuesday it will sue three former senior executives for a combined 3.1 billion yen for their roles in accounting fraud committed at the firm.
BUSINESS
Feb 27, 2007
Move on Sapporo double-edged
The move earlier this month by U.S. hedge fund Steel Partners to acquire Sapporo Holdings Ltd. is again raising the specter in corporate Japan of foreign raiders taking over established Japanese companies to turn a quick profit.
Japan Times
JAPAN
Feb 23, 2007
Workers seek raises as firms plead need for competitiveness
Eager to share in the swelling profits of Japan Inc., unions are growing more aggressive in this year's "shunto" annual wage negotiations, seeking pay raises higher than those won a year ago.
Japan Times
BUSINESS
Feb 20, 2007
Japanese manufacturers look to cash in on solar power boom
With the global-warming documentary "An Inconvenient Truth" hot at the box office and a recent report by the U.N. laying the blame for climate change and rising sea levels at humanity's feet, renewable energy sources are getting a fresh look.
BUSINESS
Feb 17, 2007
Brewers see mixed results as beer thirsts turn flat
Major Japanese brewers had mixed earnings results in 2006, with their performance largely determined by the sales of low-cost, beerlike drinks.
BUSINESS
Feb 14, 2007
Nikko vows better internal controls
Scandal-tainted Nikko Cordial Corp. announced on Tuesday measures to boost the group's internal controls to prevent accounting irregularities, including creation of a new section to prevent fraudulent deals involving affiliated companies.
JAPAN
Feb 8, 2007
Economy can support higher wages: Rengo
, is interviewed in Rengo's head office in Chiyoda Ward, Tokyo. SATOKO KAWASAKI PHOTO
BUSINESS
Feb 7, 2007
Toyota rides to record quarterly profit
Buoyed by strong overseas demand, cost-reduction efforts and a weak, yen Toyota Motor Corp. on Tuesday reported a 19.2 percent increase in operating profit for the third quarter of fiscal 2006, hitting a record 574.7 billion yen.
BUSINESS
Feb 7, 2007
JAL's operating loss soars to 5.8 billion yen
Japan Airlines Corp. announced Tuesday it had an operating loss of 5.8 billion yen for the first three quarters of its business year to March, a huge setback from the 800 million yen loss the previous year.
BUSINESS
Feb 2, 2007
Besieged Nikko Cordial lowers its 2004 earnings figures again
Nikko Cordial Corp., threatened with delisting from the Tokyo Stock Exchange over accounting irregularities, on Thursday again lowered its earnings figures for its 2004 business year.
BUSINESS
Feb 1, 2007
Toshiba triples its group net profit in April-December period
Toshiba Corp. reported Wednesday a group net profit of 111.3 billion yen for the first three quarters of its 2006 business year to March -- more than triple from the previous year -- led by robust earnings in the liquid crystal display, home electric appliance and nuclear reactor businesses.
Japan Times
BUSINESS
Jan 31, 2007
Nikko Cordial execs aided fraud: panel
A special panel looking into accounting fraud at Nikko Cordial Corp. issued a report Tuesday saying top management was involved in inflating profits at the nation's third-largest brokerage.
BUSINESS
Jan 30, 2007
Canon breaks records for net profit and sales
Canon Inc. said Monday that net profit rose 18.5 percent to a record 455.3 billion yen in 2006 as sales broke 4 trillion yen for the first time on robust interest in digital cameras and color laser printers and copiers.
BUSINESS
Jan 26, 2007
Output-limited Suzuki predicts 4% sales decline
Suzuki Motor Corp., the nation's top minivehicle maker, said Thursday it hopes to sell 585,000 minivehicles in Japan in 2007, down 4 percent from last year, raising the prospect of giving up the lead to Daihatsu Motor Co. for the first time in 35 years.
BUSINESS / Q&A
Jan 24, 2007
Election puts overtime-pay exclusion on hold
Wary of an upcoming election, the ruling bloc is backing off on a highly contentious bill that would exclude certain white-collar workers from overtime pay.
Japan Times
BUSINESS
Jan 23, 2007
Nissan adds new outsourced minicar
Nissan Motor Co. launched the Pino minivehicle Monday, hoping the new model helps halt the automaker's slide in domestic car sales.
Japan Times
BUSINESS
Jan 18, 2007
Automakers target emissions as way to stay ahead
The growing gap in profitability among the world's automakers is becoming more apparent, as seen in the contrasting fortunes of Toyota Motor Corp., whose sales have been growing strongly, and ailing U.S. giant General Motors Corp., which is struggling to stem a tide of red ink.
Japan Times
BUSINESS
Jan 14, 2007
Nissan breaks ground on Yokohama HQ
Nissan Motor Co. held a groundbreaking ceremony Saturday in Yokohama for its new head office building scheduled to be completed in 2009.

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