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Taiga Uranaka

JAPAN

Oct 27, 2005

Rakuten increases TBS stake to more than 19%

Rakuten Inc. said Wednesday it has raised its stake in Tokyo Broadcasting System Inc. to 19.09 percent, only a tad short of the TV network's 20 percent threshold for triggering a process that could lead to the activation of takeover defense measures.

BUSINESS

Oct 20, 2005

New Daimler chief optimistic on expanding MMC ties

CHIBA -- The incoming head of DaimlerChrysler AG said Wednesday the giant automaker is willing to expand joint projects with Mitsubishi Motors Corp., regardless of what happens to its stake in the ailing Japanese firm.

JAPAN

Oct 19, 2005

Seibu picks Cerberus, Nikko for fresh capital

Seibu Railway Co. said Tuesday it has chosen U.S. investment fund Cerberus Group and Nikko Principal Investments Japan Ltd. as the main providers of fresh capital for the group, which is trying to turn itself around after a series of scandals.

BUSINESS

Oct 18, 2005

Murakami, Tokyo Style reach settlement

Outspoken financier Yoshiaki Murakami said Monday his fund has reached a court-mediated settlement with Tokyo Style Co. after the apparel firm's president, Yoshio Takano, agreed to pay 100 million yen in compensation to his own firm for inflicting damages as a result of investments that turned sour.

BUSINESS

Oct 5, 2005

Tech show morphs into DVD war zone

CHIBA -- An annual technology exhibition that kicked off here Tuesday shows signs of becoming a battleground of sorts for the two next-generation DVD formats threatening to leave consumers with incompatible machines.

JAPAN

Oct 4, 2005

ChuoAoyama board members quit; chairman stays

ChuoAoyama PricewaterhouseCoopers said Monday all 11 of its board members except the chairman have stepped down to take responsibility for the arrest and indictment of its auditors charged with helping Kanebo Ltd.'s massive window-dressing.

BUSINESS

Oct 1, 2005

Wal-Mart takes control

Seiyu Ltd. said Friday that Wal-Mart Stores Inc. of the United States will raise its stake in the retailer from 42 percent to over 50 percent by the end of the year, making it a subsidiary of the U.S. retailing giant.

BUSINESS

Sep 29, 2005

Toshiba holds door open to unified DVDs

Toshiba Corp. is willing to compromise on creating a unified format for next-generation DVDs if it can be done by yearend, a senior official in charge of format negotiations said Wednesday.

BUSINESS

Sep 28, 2005

Canon aims new printers at photographers

Canon Inc. unveiled a new lineup of inkjet printers Tuesday for the all-important yearend season, with an emphasis on upgraded photo printing performance to lure the growing number of people who want to print snapshots at home.

BUSINESS

Sep 27, 2005

Chubachi reaffirms faith in Sony recovery plan

Sony Corp. President Ryoji Chubachi expressed confidence Monday the embattled electronics giant can meet its revenue target of more than 8 trillion yen in fiscal 2007 by expanding sales of LCD TVs, DVD recorders and key electronics components.

Japan Times

BUSINESS

Sep 23, 2005

Honda hopes revamped Civic wins over drivers with sophisticated taste

Honda Motor Co. on Thursday unveiled its remodeled Civic -- the first major revamp of the car in five years -- hoping to take one of its mainstays more upmarket.

JAPAN

Sep 23, 2005

Sony plans workforce, plant cuts in bid to stem losses

Sony Corp. announced Thursday it will slash 10,000 employees, or about 7 percent of its global workforce, and close 11 production facilities as part of a sweeping restructuring plan in a bid to revive its fortunes.

Japan Times

BUSINESS

Sep 22, 2005

'Manga' publishers see cell phones as the future

Cartoon-strip publishers, whose printed-matter sales have been losing steam, are actively embracing mobile media because cell phones are what young people are spending their time and money on.

Japan Times

BUSINESS

Sep 17, 2005

All eyes on rival consoles as game exhibition begins

CHIBA -- The nation's largest game exhibition opened Friday at the Makuhari Messe convention hall here, with industry chatter focused squarely on an upcoming war between the new game consoles of Microsoft Corp., the Sony group and Nintendo Co.

BUSINESS

Sep 16, 2005

Xbox 360 to be launched here after U.S. and Europe

Microsoft Corp. said Thursday it will release its next-generation video game console -- the Xbox 360 -- on Dec. 10 in Japan, priced at 37,900 yen.

Japan Times

BUSINESS

Sep 15, 2005

Sony unveils Bravia-brand TVs in turnaround bid

Sony Corp. on Wednesday unveiled its Bravia brand of liquid crystal display televisions with high hopes the new line will be able to turn around its ailing TV-set business.

BUSINESS

Sep 14, 2005

Namco Bandai projects 55 billion yen in fiscal 2007

BUSINESS

Sep 6, 2005

Fast Retail to pay big to put Uniqlo on world fashion stage

Fast Retailing Co., which runs the Uniqlo casual clothing chain, said Monday it will spend up to 400 billion yen over the next three years to acquire apparel businesses as part of an overall plan to evolve into a global powerhouse.

BUSINESS

Sep 2, 2005

Koizumi gets some high marks but must do more: Doyukai

Prime Minister Junichiro Koizumi's administration should be given high marks for having addressed issues untouched by its predecessors, but there is still more to do, according to the chairman of the Japan Association of Corporate Executives (Keizai Doyukai).

BUSINESS

Sep 1, 2005

TBS to issue 20 billion yen in new shares to partners

Tokyo Broadcasting System Inc. announced Wednesday that it will issue 20.6 billion yen in new shares to major ad agency Dentsu Inc. and several of its other business partners to raise money for new projects.

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The neurological disorder that 'kills culture'

By Tomoko Otake

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