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Taiga Uranaka
JAPAN
Feb 17, 2004
Kanebo eyes IRCJ instead of Kao deal
In a sudden turn of events, Kanebo Ltd. said Monday it has scrapped a plan to sell its core cosmetics business to Kao Corp. and instead will seek a government bailout.
BUSINESS
Feb 14, 2004
McDonald's Holdings posts 7 billion yen net loss
McDonald's Holdings Co. (Japan) said Friday it posted a net loss of 7.12 billion yen for 2003, with weak sales and heavy restructuring costs forcing the company into its second consecutive losing year.
BUSINESS
Feb 13, 2004
Softbank ups Yahoo! BB subscriber target by 50%
Softbank Corp. said Thursday it has raised the target number of subscribers to its Yahoo! BB high speed Internet connection service by 50 percent.
Japan Times
BUSINESS
Feb 11, 2004
Firms catch on to potential of booming IC recorder market
Overshadowed by the red-hot sales of digital cameras and DVD recorders, another digital product has been stealthily making its way into shirt pockets and briefcases.
JAPAN
Feb 10, 2004
'Gyudon': the end of an era
Yoshinoya D&C Co. said Monday its restaurants will stop serving its mainstay bowls of "gyudon" beef on rice this week after stocks run dry due to an import ban on U.S. beef.
BUSINESS
Feb 7, 2004
Matsushita posts 70% growth in profit
Matsushita Electric Industrial Co. said Friday its pretax profit for the October-December quarter jumped 70 percent, driven by robust sales of flat-screen TVs and DVD recorders.
BUSINESS
Feb 5, 2004
DoCoMo anticipates FOMA boom
NTT DoCoMo Inc. said Wednesday it will raise its subscriber projection for its third-generation FOMA service by 20 percent to 2.4 million by the end of March, having seen faster-than-expected growth in the sector.
BUSINESS
Feb 4, 2004
Pioneer to buy NEC's plasma unit
Pioneer Corp. announced Tuesday it will acquire NEC Corp.'s plasma display panel business in a bid to remain a leading player within the increasingly competitive flat-panel TV sector.
BUSINESS
Feb 3, 2004
Sharp third-quarter profit buoyed by LCD TV sales
Sharp Corp. said Monday its net profit for the October-December quarter rose 27 percent to 17.76 billion yen on strong sales of liquid crystal display TVs and cell phone handsets.
BUSINESS
Jan 31, 2004
Honda sees net profit surge despite disappointing auto figures
Honda Motor Co. said Friday that its net profit rose 31 percent to a record 151.05 billion yen in the October-December period.
BUSINESS
Jan 30, 2004
Camera sales boost Canon earnings
Canon Inc. on Thursday said its net profit grew 45 percent in 2003, buoyed by robust digital camera sales and a cost-cutting drive.
BUSINESS
Jan 29, 2004
Restructuring spells profit decline for Sony
Sony Corp. reported Wednesday a 26 percent decline in net profit for the October-December period due to restructuring expenses.
BUSINESS
Jan 27, 2004
Hitachi, Omron poised to forge ATM alliance
Hitachi Ltd. and Omron Corp. said Monday they will set up a joint venture combining their automated-teller machine businesses, partly in the hope of grabbing a substantial share of the growing Chinese market.
BUSINESS
Jan 23, 2004
Market rally lines pockets of online brokerages
Online brokerages continued to enjoy steep earnings growth thanks to the recent market rally, with Matsui Securities Co. reporting Thursday its net profit during the October-December period jumped more than 3 1/2-fold from a year earlier.
Japan Times
BUSINESS
Jan 20, 2004
Universities seek credit ratings as sign of quality
A small but growing number of universities are obtaining credit ratings from agencies such as Standard & Poor's Corp. as competition intensifies amid a decline in students.
BUSINESS
Jan 17, 2004
Seiyu to slash one-fifth of full-time workforce
Supermarket chain Seiyu Ltd. said Friday it will slash some 1,600 jobs, or about one-fifth of its total full-time workforce, by March 1.
Japan Times
JAPAN
Jan 15, 2004
Bird flu so far hasn't led to consumer panic seen with 2001 BSE outbreak
Consumers responded calmly Wednesday to news of the first outbreak of avian flu in Japan since 1925.
BUSINESS
Jan 10, 2004
Matsushita hopes digital focus ups profit margin
Matsushita Electric Industrial Co. said Friday it aims to lift its profit margin to at least 5 percent in the next three years on sales of 8.2 trillion yen by meeting rising demand for digital consumer electronics products such as DVD recorders and flat TVs.
Japan Times
BUSINESS
Jan 8, 2004
100 yen video games score millions for software entrepreneur
At a time when playing just one game costs 200 yen on many arcade machines, a Tokyo company is bent on offering gamers a staggering value-for-money option via its 100 yen PC game software.
Japan Times
BUSINESS
Jan 8, 2004
Dollar now expected to hit 100 yen
The dollar fell to its lowest point against the yen in more than three years this week, prompting fast, sustained and solitary dollar-buying intervention by the Finance Ministry.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?