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Taiga Uranaka
JAPAN
Jul 6, 2005
Sanyo looks to shed 14,000 workers
Sanyo Electric Co. said Tuesday it will cut 14,000 employees, or 15 percent of its global workforce, as part of a sweeping restructuring plan under new management headed by Chief Executive Officer Tomoyo Nonaka.
BUSINESS / INDUSTRY TRENDS
Jul 5, 2005
Makers read the leaves: green tea is where it's at
A rowdy tea party is brewing in the soft drink industry as companies crank up already-intense competition in the rapidly growing market for bottled green tea.
BUSINESS
Jun 28, 2005
Microsoft, Toshiba in HD-DVD tieup
Microsoft Corp. and Toshiba Corp. announced Monday they will jointly develop new-generation high-definition DVD players, concluding an agreement that strengthens their alliance in the wider area of technology for digital home electrical appliances.
BUSINESS
Jun 24, 2005
New Sony chief looks to go after money-losing operations
New Sony Corp. CEO Howard Stringer said Thursday that his company will winnow out some unprofitable operations as it tries to turn around its lackluster consumer electronics business.
JAPAN / A GENERATION CLOCKS OUT
Jun 23, 2005
Airlines face crunch as old pilots pull chocks
Japan's airline industry is facing a serious pilot shortage with scores of veteran captains expected to retire between 2007 and 2009 along with all the other baby boomers.
BUSINESS
Jun 23, 2005
Sony shareholders give nod to Stringer's team
Shareholders of Sony Corp. on Wednesday approved a new management team led by Howard Stringer, who pledged to turn around the company's struggling consumer electronics business.
Japan Times
JAPAN / A GENERATION CLOCKS OUT
Jun 22, 2005
Manufacturers face mass reduction in skilled ranks
For manufacturers, the mass retirement of baby boomers will mean losing leagues of highly skilled workers still indispensable even in this age of automation and computerization.
BUSINESS
Jun 22, 2005
DoCoMo among firms kicking off annual shareholders' meetings
Annual shareholders' meetings kicked off in earnest this week, with the annual rite expected to peak June 29 as more than 1,000 listed companies face their investors.
JAPAN / A GENERATION CLOCKS OUT
Jun 21, 2005
Baby boomers poised to turn pensioners en masse
A mass exodus looms in 2007 when baby boomers begin reaching retirement age, and the implications — both positive and negative — will be far-reaching.
BUSINESS
Jun 18, 2005
McDonald's cuts forecast due to 'value strategy'
McDonald's Holdings Co. Japan on Friday announced a sharp downward revision of its earning forecast for the six months ending in June, dragged down by a steeper-than-expected drop in average sales per customer.
Japan Times
JAPAN
Jun 17, 2005
Tsutsumi accepts guilt as trial starts
Former real estate and resort tycoon Yoshiaki Tsutsumi pleaded guilty Thursday to insider trading and falsification of financial reports concerning Seibu Railway Co. shareholdings.
BUSINESS
Jun 15, 2005
Shareholders' meetings poised for takeover debates
The season for general shareholders' meetings is just around the corner, and a growing number of companies plan to use them to propose measures against hostile takeovers.
BUSINESS
Jun 14, 2005
TSE won't drop regulatory role
The Tokyo Stock Exchange on Monday told the Financial Services Agency it plans to retain its ability to regulate the market even after it goes public, despite concerns over potential conflicts of interest.
BUSINESS
Jun 9, 2005
Fujita gets Goldman Sachs-Mori aid
Fujita Corp. said Wednesday a fund led by Goldman Sachs and Mori Trust Co. agreed to inject 41 billion yen in fresh capital, making the U.S. investment bank and its partners the troubled construction firm's largest shareholder.
Japan Times
BUSINESS / INDUSTRY TRENDS
Jun 2, 2005
Pen makers cross swords in battle for thinnest lines
In the competition for writing ever sharper lines, pen makers have been jostling for the title of the world's smallest ball points.
BUSINESS
May 31, 2005
Odakyu chief, group execs to resign over phantom shareholder coverup
Odakyu Electric Railway Co. said Monday that its chairman and group CEO Kunio Toshimitsu will resign on June 10 to take responsibility for its coverup of phantom shareholders.
Japan Times
BUSINESS
May 27, 2005
Tamagotchi's rebirth sparking new sales binge
Every day for more than a year, phones at Hakuhinkan Toy Park have been ringing off the hook when the store opens at 11 a.m.
BUSINESS
May 24, 2005
Insurers pay the price for last year's typhoons
Due to record natural disaster-related claims caused by the unprecedented number of typhoons last year, Japan's three largest nonlife insurers on Monday reported sharp drops in fiscal 2004 profits.
BUSINESS
May 17, 2005
Quasi-brews jack up beer sales
Shipments of malt-free beerlike beverages grew 4.6-fold in April compared with the same month the previous year, accounting for 19.4 percent of the total market, according to industry figures unveiled Monday.
BUSINESS
May 13, 2005
TSE to delist Kanebo over accounting scandal
The Tokyo Stock Exchange announced Thursday that it has decided to delist Kanebo Ltd. on June 13 over a massive case of accounting fraud.

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