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Taiga Uranaka
BUSINESS
Apr 28, 2004
Sharp reports record earnings for fiscal '03
Sharp Corp. on Tuesday reported record earnings for the year that ended on March 31, powered by strong sales of liquid crystal panel TVs and camera-equipped cell phone handsets.
BUSINESS
Apr 28, 2004
Sony restructuring plan bites into 2003 net profit
Sony Corp. said Tuesday its net profit fell 23 percent to 88.5 billion yen in fiscal 2003 due to heavy restructuring expenses.
BUSINESS
Apr 27, 2004
China, consolidation end steel industry slump
After years of being in a slump, Japan's steelmakers are again enjoying strong demand, buoyed by China's red-hot hunger for everything used to make buildings, bridges and other social infrastructure.
BUSINESS
Apr 23, 2004
Individual traders boost earnings of online brokerages
Online brokerages' earnings surged in fiscal 2003 due to active trading by individual investors during the recent stock market rally.
BUSINESS
Apr 22, 2004
Yahoo Japan's net profit more than doubled in '03
Yahoo Japan Corp. said Wednesday its net profit more than doubled to 24.83 billion yen for the year through March, powered by robust growth in ad revenue.
BUSINESS
Apr 17, 2004
Daiei exceeded earnings target for 2003
Struggling retailer Daiei Inc. said Friday it beat its earnings target for the year that ended Feb. 29, helped by sales campaigns cashing in on its professional baseball team's national championship.
BUSINESS
Apr 16, 2004
Uniqlo operator sees first-half profit grow 50%
Fast Retailing Co. said Thursday its net profit jumped 50 percent for the six months that ended Feb. 29 thanks to a recovery in store sales and better inventory control.
BUSINESS
Apr 13, 2004
Kao CEO exits, denies Kanebo link
Kao Corp., the nation's largest toiletry maker, said Monday its president and chief executive, Takuya Goto, will step down and 54-year-old Motoki Ozaki will succeed him.
BUSINESS
Apr 9, 2004
Ito-Yokado trumped by Aeon
Ito-Yokado Co. lost its position as Japan's No. 1 retailer to Aeon Co. in terms of group sales in the year that ended Feb. 29.
BUSINESS
Apr 8, 2004
Mall, credit card push boost Aeon profit
Aeon Co. said Wednesday its net profit rose 8 percent to a record 55.32 billion yen for the business year that ended Feb. 20, helped by its shopping mall development and credit card businesses.
BUSINESS
Apr 3, 2004
Itochu forecasts 32 billion yen loss due to asset write-down
Trading house Itochu Corp. said Friday it will book a 125 billion yen charge to write down the value of fixed assets for fiscal 2003, joining a growing list of companies that have front-loaded an accounting rule change scheduled for fiscal 2005.
Japan Times
JAPAN
Apr 1, 2004
New price tags split fractional tax hairs
An Asahi Shimbun column last May carried an Osaka reader's tip on how to save small change at McDonald's.
Japan Times
JAPAN
Mar 31, 2004
Nation gears up for tax-inclusive pricing
On Wednesday night, clerks at convenience and department stores nationwide will be busy ripping the price tags off their products and introducing new ones.
BUSINESS
Mar 31, 2004
Kanebo shareholders OK plan to spin off unit
Kanebo Ltd. shareholders approved a plan Tuesday to spin off the firm's mainstay cosmetics business to pay off its mounting debts.
BUSINESS
Mar 23, 2004
Fast Retailing set to exit fruit, vegetable market
Fast Retailing Co. said Monday it will terminate its fresh food business after abandoning hope of turning a profit from selling premium vegetables.
BUSINESS
Mar 20, 2004
Nikko Beans, Monex announce plan to merge
Online brokerages Monex Inc. and Nikko Beans Inc. said Friday they will merge their operations in August to secure an edge in individual securities investment.
Japan Times
BUSINESS / INDUSTRY TRENDS
Mar 19, 2004
Firms expecting market for digital SLR cameras to explode
Confined to professionals and top-end amateurs thus far, the market for digital single-lens reflex cameras is expected to explode this year with the release of more affordable models.
BUSINESS
Mar 17, 2004
TSE to drop foreign section
The Tokyo Stock Exchange said Tuesday it will abolish its foreign section to lure overseas companies.
BUSINESS
Mar 11, 2004
IRCJ commits to 366 billion yen bailout of Kanebo
The state-backed Industrial Revitalization Corp. of Japan said Wednesday it has decided to bail out the country's No. 2 cosmetics maker, Kanebo Ltd., using 366 billion yen in public money.
BUSINESS
Mar 10, 2004
Uniqlo stages comeback after two years in the doldrums
After suffering weak sales for nearly two years following the end of its phenomenal "fleece jacket boom," casual clothing chain Uniqlo is again enjoying strong sales.

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