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Taiga Uranaka
BUSINESS
Dec 10, 2003
Nation's blue chip firms said on firm recovery track
The current fiscal year has seen Japan's blue chip companies put themselves on a firm recovery track, absorbing the negative impact of the yen's strength, Nomura Securities Co. said Tuesday.
Japan Times
JAPAN
Dec 9, 2003
Takefuji chairman admits ordering phone tap, resigns
Takefuji Corp. founder Yasuo Takei, under arrest for his alleged role in a wiretapping case, resigned Monday as chairman after admitting he ordered his men to bug a journalist's phone, the major consumer loan company said.
BUSINESS
Dec 9, 2003
Sammy to purchase 22.4% stake in Sega
Pachinko machine maker Sammy Corp. said Monday it will acquire a 22.4 percent stake in Sega Corp., becoming the largest shareholder in the game maker.
BUSINESS
Dec 4, 2003
Sony PSX 'for people who want to buy DVD recorders'
The Sony Corp. PSX that goes on sale next week is an audiovisual product and not a new PlayStation video game console, according to the firm and industry watchers.
Japan Times
BUSINESS
Dec 4, 2003
Game-console makers cut prices ahead of yearend showdown
Makers of video game consoles are gearing up for the all-important yearend shopping season.
BUSINESS
Dec 4, 2003
Postal service shop for kids to open in May
Japan Post and the operator of Tokyo Disney Resort said Wednesday they will launch a postal service shop for children in May.
BUSINESS
Dec 3, 2003
Daiei signs deal on stadium, hotel
Struggling retailer Daiei Inc. announced Tuesday it has agreed to sell a baseball stadium/hotel complex to U.S. investment fund Colony Capital LLC, offloading a chunk of mounting debts as it struggles to stay afloat.
BUSINESS
Dec 2, 2003
Jittery JT to launch six new products next month
Japan Tobacco Inc. said Monday it will launch six new cigarette products simultaneously early next month in a bid to sustain revenue amid a rapidly shrinking market.
Japan Times
BUSINESS
Nov 28, 2003
Sumitomo Mitsui unit seeks another bailout
Sumitomo Mitsui Construction Co. said Thursday it will seek yet another bank bailout as it slid into negative net worth of 33 billion yen during the fiscal first half.
BUSINESS
Nov 22, 2003
UFJ Bank to buy Nippon Shinpan
UFJ Bank Ltd. said Friday that it will acquire consumer credit firm Nippon Shinpan Co. as part of an ongoing effort to expand its retail banking business.
BUSINESS
Nov 21, 2003
Rakuten to add online brokerage to its portfolio
Rakuten Inc. officially announced Thursday it will acquire an online brokerage, DLJdirect SFG Securities Inc., marking the latest shopping spree by the nation's largest Internet shopping mall operator.
BUSINESS
Nov 19, 2003
Tepco hurt by fallout from nuclear reactor closures
Tokyo Electric Power Co. posted an 86.85 billion yen net profit in the fiscal first half of 2003, down 44 percent from a year earlier.
BUSINESS
Nov 19, 2003
Casio, Hitachi to develop cell phones in joint venture
Casio Computer Co. and Hitachi Ltd. announced Tuesday they will set up a joint venture in April to develop cell phone handsets.
BUSINESS
Nov 15, 2003
SARS, Iraq war bludgeon JAL earnings
Japan Airlines System Corp. said Friday it incurred a 57.59 billion yen net loss in the first half of fiscal 2003 due to the SARS epidemic and the Iraq war.
BUSINESS
Nov 13, 2003
Marubeni to raise cash via preferred share issue
Struggling trading house Marubeni Corp. said Wednesday it will raise 75.5 billion yen by issuing preferred shares through third-party allotment mainly to financial institutions.
Japan Times
BUSINESS
Nov 12, 2003
Man who gave us loose white socks eyes comeback
The man behind the "loose socks" fad among schoolgirls had enough of the phenomenon long before it died out.
BUSINESS
Nov 12, 2003
NTT posts nation's largest operating profit
NTT Corp. posted the nation's largest operating profit for the fiscal first half of 2003.
JAPAN
Nov 8, 2003
McDonald's Japan set to log second yearly loss
said Friday it will probably post a net loss of 3.7 billion yen in the year ending Dec. 31, having earlier pledged to return to profitability following last year's first-ever loss in nearly three decades. In August, the firm forecast a net profit of 2.1 billion yen.
BUSINESS
Nov 7, 2003
Nippon Steel returns to black thanks to China demand
Nippon Steel Corp., the nation's largest steelmaker, said Thursday it swung back into profitability during the fiscal first half on the back of strong demand in China.
BUSINESS
Nov 6, 2003
Shiseido suffers decline in first-half net profit
Hit by weak consumption and heavy pension costs, Shiseido Co. reported Wednesday its net profit in the fiscal first half dropped by more than a third from a year earlier to 6.56 billion yen.

Longform

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