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Taiga Uranaka
BUSINESS
Jun 22, 2004
KDDI to offload PHS business
KDDI Corp., the nation's No. 2 mobile carrier, officially announced Monday that it has agreed to sell its PHS business to the Carlyle Group, a U.S. private equity fund, for 220 billion yen.
BUSINESS
Jun 19, 2004
Shareholders' meetings to begin in earnest
Shareholders' meetings will get into full swing next week, with giants Sony Corp. and Toyota Motor Corp. meeting investors during the annual events.
BUSINESS
Jun 17, 2004
DoCoMo to release smart cell phones
NTT DoCoMo Inc. announced Wednesday it will release next month smart cell phones with debit card, membership card and train ticket functions.
BUSINESS
Jun 3, 2004
Suntory to pitch drinks via subway tunnel ads
Advertisers here will start using a U.S. idea to exploit untapped terrain in an effort to offload their products: subway tunnel ads.
BUSINESS
May 28, 2004
Softbank seals deal to acquire Japan Telecom for 340 billion yen
Softbank Corp. said Thursday it has agreed to buy Japan Telecom Co. from U.S. investment fund Ripplewood Holdings LLC for about 340 billion yen, including the assumption of debts.
Japan Times
BUSINESS
May 27, 2004
Soaring soybean prices hurt tofu makers
A historic rise in soybean prices driven by soaring demand in China is dealing a heavy blow to Japanese makers of traditional staples such as tofu and soy sauce.
BUSINESS
May 26, 2004
Japan Telecom sale precipitates loss for Vodafone
Vodafone Holdings K.K. on Tuesday reported a net loss of 100 billion yen for the year that ended March 31, due mainly to losses stemming from the sale of its fixed-line unit.
Japan Times
BUSINESS
May 25, 2004
Resona racks up 1.66 trillion yen net loss
Resona Holdings Inc. on Monday reported a group net loss of 1.66 trillion yen for the year that ended March 31, with the bailed-out banking group having spent some 1.41 trillion yen on bad-loan writeoffs.
BUSINESS
May 19, 2004
Sega, Sammy set to integrate under holding firm on Oct. 1
Game maker Sega Corp. said Tuesday it will merge with pachinko machine maker Sammy Corp. on Oct. 1, thereby creating the nation's largest video game maker.
BUSINESS
May 19, 2004
Big contractors ride out decline in public works
Japan's four largest construction companies on Tuesday reported bolstered earnings for the year through March, with the fruits of cost-cutting more than offsetting flat or even declining revenue.
BUSINESS
May 15, 2004
NTT logs record profit; outlook seems less rosy
NTT Corp. said Friday its net profit jumped 2.8-fold to a record 643.86 billion yen for the year through March, helped by strong earnings at its mobile phone unit, NTT DoCoMo Inc.
BUSINESS
May 13, 2004
Konami gets a kick back into profitability
Konami Corp. said Wednesday it returned to profitability in fiscal 2003 on strong overseas sales of soccer video games.
BUSINESS
May 13, 2004
McDonald's Japan chief quits after two years
McDonald's Holdings Co. (Japan) said Wednesday its president and chief operating officer, Yasuyuki Yagi, has stepped down to "mark a new chapter" for the company.
BUSINESS
May 12, 2004
Bandai net profit hits record 14.2 billion yen
Bandai Co. said Tuesday its net profit rose 12 percent to a record 14.21 billion yen for the year through March, with Power Rangers characters enjoying strong popularity overseas.
BUSINESS
May 12, 2004
Top trading houses post record earnings
Mitsubishi Corp. and Mitsui & Co., Japan's two largest trading houses, on Tuesday reported record earnings for the year through March, helped by surging petrochemical and natural resources markets.
BUSINESS
May 11, 2004
Softbank sinks deeper into red
Softbank Corp. said Monday its net loss widened in fiscal 2003 for the third consecutive year in the red due to heavy spending to attract subscribers to its high-speed Internet connection service.
BUSINESS
May 8, 2004
DoCoMo saw record profit in '03
NTT DoCoMo Inc. announced Friday a record net profit of 650 billion yen for the year that ended March 31, up more than three-fold from 212.49 billion yen a year ago.
BUSINESS
May 1, 2004
Cost cuts push ANA back into black
All Nippon Airways Co. said Friday it returned to the black for the first time in three years in fiscal 2003 due to rigorous cost-cutting that offset the negative effects of the Iraq war and severe acute respiratory syndrome.
BUSINESS
Apr 29, 2004
Matsushita turned a profit in 2003; first in three years
Matsushita Electric Industrial Co. said Wednesday it returned to profit for the first time in three years in fiscal 2003, buoyed by robust sales of plasma display panel TVs and DVD recorders.
BUSINESS
Apr 29, 2004
Hitachi net profit plunges 43%
Hitachi Ltd. said Wednesday its net profit for fiscal 2003 plunged 43 percent to 15.88 billion yen due to heavier tax payments.

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