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Taiga Uranaka
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.
BUSINESS
Mar 6, 2004
Upstart KDDI backs DoCoMo into a communications corner
NTT DoCoMo Inc. is at a crossroads.
BUSINESS
Mar 5, 2004
Danone takeover of Yakult to wait 10 years
Yakult Honsha Co. said Thursday its largest shareholder, Groupe Danone of France, has agreed not to acquire a controlling stake for at least another decade.
BUSINESS
Mar 5, 2004
Steelmakers enjoy fiscal 2003 amid China boom
Japan's four largest steelmakers said Thursday they are on track to report bumper earnings for fiscal 2003, thanks to a steel market upturn based on strong demand in China.
BUSINESS
Feb 28, 2004
Softbank offers 500 yen to Yahoo! BB users, confirms data leak on millions
Softbank Corp. said Friday it has confirmed that information on some 4.52 million users of its Yahoo! BB high-speed Internet service had been stolen from its data base.
Japan Times
BUSINESS
Feb 25, 2004
Yamanouchi, Fujisawa to merge
Yamanouchi Pharmaceutical Co. and Fujisawa Pharmaceutical Co. said Tuesday they have agreed to merge in a bid to survive intensifying global competition.
BUSINESS
Feb 21, 2004
New 'happoshu' brew earns Asahi record profits
Industry leader Asahi Breweries Ltd. reported Friday a record net profit for 2003, buoyed by strong sales of a newly introduced "happoshu" beerlike beverage.
JAPAN
Feb 20, 2004
Shinsei Bank share price surges on TSE debut
Shinsei Bank shares debuted Thursday on the first section of the Tokyo Stock Exchange, marking a dramatic revival from the collapse of Long-Term Credit Bank of Japan five years ago.
Japan Times
BUSINESS / INDUSTRY TRENDS
Feb 20, 2004
Makeover for gum gives health-conscious something to chew on
Despite a shrinking confectionary market, chewing gum has been enjoying healthy growth, posting record sales last year.
BUSINESS
Feb 19, 2004
DoCoMo may sell off 16% stake in AT&T
NTT DoCoMo Inc. said Wednesday that it might sell its 16 percent stake in AT&T Wireless following an agreement by Cingular Wireless LLC to purchase the No. 3 mobile carrier in the United States.
BUSINESS
Feb 18, 2004
Struggling Seiyu blames 7 billion yen loss on cold weather
Supermarket operator Seiyu Ltd. said Tuesday its group net loss for the 10 months ending in December came to 7 billion yen, blaming the red ink on the unseasonably cold summer.

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