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Taiga Uranaka
BUSINESS
Aug 13, 2003
Slightly cooler July puts beer drinkers on wagon
Domestic shipments of beer and its low-malt cousin, "happoshu," logged a 12 percent year-on-year drop in July, according to data released Tuesday by five major brewers.
Japan Times
BUSINESS
Aug 13, 2003
Uniqlo to sex up its product line as part of image makeover
Tadashi Yanai, chairman and chief executive of the company that owns the Uniqlo chain, used to liken his casual clothing stores to "vending machines" that continuously spit out products to thirsty consumers.
BUSINESS
Aug 9, 2003
Tax increase, 'chuhai' take toll on beer sales
The nation's major breweries on Friday reported weak beer sales for the first half of the year, with the economic slump, tax hikes and diversifying consumer taste conspiring to sap demand.
BUSINESS
Aug 9, 2003
McDonald's cuts annual forecast
Struggling restaurant chain McDonald's Holdings Co. (Japan) on Friday cut its full-year earnings forecast by about 50 percent due to weak sales during the first half of the year.
Japan Times
BUSINESS
Aug 6, 2003
Flash memory card formats vie for prominence
Not quite a VHS vs. Betamax sequel. But again, two consumer electronics giants find themselves in opposing camps in a format battle as they crank up production of removable flash memory cards.
BUSINESS
Aug 2, 2003
SARS, Iraq war hit JAL earnings in first quarter
Japan Airlines System Corp. said Friday it lost 77.28 billion yen during the first quarter of fiscal 2003, blaming the Iraq war and the SARS epidemic for the plunge in its international flight passenger volume.
BUSINESS
Jul 26, 2003
Foreign bond sales drive up Nikko Cordial group net profit
Nikko Cordial Corp., Japan's third-largest securities firm, said Friday its group net profit in the first quarter of fiscal 2003 soared more than three-fold, thanks to a jump in sales of foreign bonds.
BUSINESS
Jul 25, 2003
Sony net profit nosedives 98% amid sluggish sales
Sony Corp.'s group net profit for the first quarter of this fiscal year nosedived 98 percent to 1.1 billion yen from a year earlier, the company said Thursday.
Japan Times
BUSINESS / INDUSTRY TRENDS
Jul 24, 2003
Got milk delivery? Doorstep service doubles in last 10 years
Although once destined to share the same road to oblivion as black and white TVs and rotary telephones, doorstep milk deliveries have been staging a solid comeback.
BUSINESS
Jul 24, 2003
Mos to woo consumers with higher prices
Hamburger chain Mos Food Services Inc. announced Wednesday it will start selling high-price hamburgers in August, signaling a marketing shift in the country's fast-food industry.
BUSINESS
Jul 17, 2003
Market rally aids online brokers' quarterly earnings
Online brokerage houses Monex Inc. and kabu.com Securities Co. said Wednesday their first-quarter earnings surged in line with an increase in trading volume among individual investors following the recent stock market rally.
Japan Times
BUSINESS
Jul 16, 2003
Trendy avatars give Net users new way to impress -- and spend
"Avatar" has become the latest buzz word in the Net world, with major providers and portals launching new Web sites in their search for fresh revenue sources.
Japan Times
BUSINESS / INDUSTRY TRENDS
Jun 19, 2003
Ice cream companies turning to high-end treats
Facing a steady decline in sales of traditional ice cream, domestic frozen treat makers are turning their eyes to the upscale market -- a growing sector so far dominated by Haagen-Dazs.
BUSINESS
Jun 11, 2003
Tesco buys into Japan market
Major British retailer Tesco PLC announced Tuesday it will acquire Tokyo-based supermarket chain C Two-Network Co. for 32.8 billion yen, joining the growing list of foreign retail giants gaining a foothold in the world's second-largest economy.
BUSINESS
May 29, 2003
Sony unveils massive restructuring plans
Sony Corp. said Wednesday it will place more emphasis on flat TVs and DVD recorders and spend 300 billion yen on a massive restructuring drive over the next three years.
BUSINESS
May 27, 2003
Profit dips 13.4% for Shinsei Bank
Shinsei Bank said Monday that its group net profit fell 13.4 percent in fiscal 2002 to 53.03 billion yen.
BUSINESS
May 22, 2003
Arcades boost Namco's profits
Game maker Namco Ltd. said Wednesday that its group net profit more than doubled in fiscal 2002, thanks to the strong performance of its domestic amusement arcades.
BUSINESS
May 21, 2003
Rising fuel costs bludgeon Tepco profits
Tokyo Electric Power Co.'s group net profit dropped 18.1 percent to 165.27 billion yen in fiscal 2002, with the increasing cost of fuel used to fire up thermal power generators weighing heavily on its earnings, the utility said Tuesday.
BUSINESS
May 20, 2003
43-year-old to become president at Sega Corp.
Sega Corp., which saw two potential merger deals slide down the drain earlier this month, announced Monday that a 43-year-old senior officer will replace Hideki Sato as president.
BUSINESS
May 17, 2003
Takeda Chemical reports record earnings
Takeda Chemical Industries Ltd., the nation's top drugmaker, on Friday reported record earnings and revenue for fiscal 2002, despite a cut in prescription drug prices.

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