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November 22, 2024
 

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Taiga Uranaka
BUSINESS
Apr 17, 2003
Daiei to decentralize as part of reconstruction program
Ailing retail giant Daiei Inc. is likely to undertake more decentralized merchandising and store operations as part of its restructuring efforts, a key manager in its group said Wednesday.
Japan Times
BUSINESS / INDUSTRY TRENDS
Apr 17, 2003
Big screens on grand scale win back new generation of film fans
The magic of Harry Potter and "The Lord of the Rings" may not be the only reason that people are returning to movie theaters.
BUSINESS
Apr 16, 2003
Lawson's profit plunges 45% on outlet closures
Lawson Inc., Japan's No. 2 convenience store chain, said Tuesday its group net profit for the year through February plunged 45 percent to 8.86 billion yen due to closures of unprofitable stores.
Japan Times
BUSINESS
Apr 16, 2003
McDonald's pins hopes on healthy new menu
In an attempt to lure customers back to its 3,900 outlets, McDonald's Co. (Japan) Ltd. on Tuesday unveiled menu additions it hopes will project a fresh and healthy image.
BUSINESS
Apr 11, 2003
Seven-Eleven earnings up 23rd straight year
Convenience store chain Seven-Eleven Japan Co. said Thursday it racked up its 23rd consecutive year of record earnings in the year through Feb. 28, thanks to aggressive store openings.
Japan Times
BUSINESS
Apr 11, 2003
Restructuring costs slam Ito-Yokado
Ito-Yokado Co. posted a group net profit of 21.02 billion yen for its business year through Feb. 28, a plunge of 59.8 percent from a year earlier, Japan's largest retailer said Thursday.
BUSINESS
Apr 9, 2003
NEC expects to book loss for second straight year
NEC Corp. has lowered its group earnings forecast to an expected group net loss of 25 billion yen for the 2002 business year, which ended March 31, the firm said Tuesday.
BUSINESS
Apr 8, 2003
Aeon reports record sales, profits
Aeon Co. said Monday that it returned to the black for the year that ended Feb. 20, with a record group net profit and group operating revenue.
BUSINESS
Apr 8, 2003
Matsushita expects 23.5 billion yen loss for fiscal '02
Joining a growing list of companies hit by plummeting bank shares, Matsushita Electric Industrial Co. said Monday it expects to report a group net loss of 23.5 billion yen for the fiscal year that ended March 31.
BUSINESS
Apr 8, 2003
IPOs in Japan slide by almost one-third
A total of 124 Japanese companies went public in fiscal 2002, down from 174 the previous year, owing mainly to sluggish stock markets, according to a report released Monday by UFJ Tsubasa Research Institute Ltd.
BUSINESS
Apr 4, 2003
First over-the-counter sleeping pills hit stores amid barrage of inquiries
The country's first over-the-counter sleeping pills hit shelves Thursday, with their maker forecasting that the drug could meet its original sales target for the year within the first month.
BUSINESS
Apr 2, 2003
Mitsubishi Electric hit by share falls
Mitsubishi Electric Corp. said Tuesday its group net profit for the 2002 business year, which ended Monday, was wiped out by the plummeting prices of bank shares.
BUSINESS
Mar 29, 2003
McDonald's Holdings flips top manager posts
said Friday that managers from its U.S. parent now hold two of the top three positions on its board, signaling a shift in the power dynamics at the country's largest fast food chain. The shakeup, approved at a general shareholders' meeting, comes in the wake of the announcement this month that founder...
BUSINESS
Mar 27, 2003
Five Wal-Mart execs join Seiyu's board
Struggling supermarket chain Seiyu Ltd. said Wednesday that five representatives of Wal-Mart Store Inc. have joined its board of directors, formalizing the U.S. retail giant's involvement in Seiyu's management.
BUSINESS
Mar 20, 2003
Toys 'R' Us-Japan logs 1.2% decline in profit
Toys "R" Us-Japan Ltd. said Wednesday its net profit for the year through Jan. 31 dropped 1.2 percent to 4.09 billion yen on weak same-store sales.
Japan Times
BUSINESS
Mar 18, 2003
Hamburger chains trying new ways to lure back customers
Hamburger chains are shifting away from low-price strategies after cheap burgers failed to lure back customers following the outbreak of mad cow disease 1 1/2 years ago.
BUSINESS
Mar 15, 2003
Orient eyes capital boost through share issuance
Struggling consumer credit firm Orient Corp. said Friday it will issue 150 billion yen in preferred shares to be purchased by Mizuho Corporate Bank to boost its depleted capital base.
JAPAN
Mar 14, 2003
Japan Tobacco strikes back with smoking salons
With the stock market hitting 20-year lows and the economic outlook getting worse, Japan's smokers have even more excuses to light up. Yet, in a country which has long been tolerant of tobacco use, a growing antismoking trend has made life for addicts more difficult.
BUSINESS
Mar 12, 2003
Three-year plan boosts JAL outlook
Japan Airlines System Corp. is expecting a group net profit of 35 billion yen for the business year through March 2006, up from 8 billion yen estimated for 2002.
BUSINESS
Mar 11, 2003
Firms matching workers' skills to departments
Former Yomiuri Giants slugger Hideki Matsui, who has joined the New York Yankees, is not the only Japanese to take advantage of a free-agent system.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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SWCC keeps changing with keyword ‘new challenges’

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