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Taiga Uranaka
BUSINESS
Apr 26, 2003
Toshiba returns to profitability
Toshiba Corp. said Friday it returned to profitability in fiscal 2002, buoyed by a strong recovery in its semiconductor business and by cost-cutting measures.
BUSINESS
Apr 26, 2003
Fujitsu slashes group net loss but remains in red
Fujitsu Ltd. remained in the red in fiscal 2002, posting a consolidated net loss for the second consecutive year after booking a restructuring cost of 151.49 billion yen, the firm reported Friday.
BUSINESS
Apr 25, 2003
Sony group profit soars sevenfold
Sony Corp. said Thursday its group net profit in fiscal 2002 skyrocketed to 115.52 billion yen -- more than 7.5 times its 15.3 billion yen profit the previous year -- on strong movie sales and cost cutting.
Japan Times
BUSINESS
Apr 23, 2003
Smaller electronics stores use personal touch to keep retail giants at bay
Hiroshi Fujita was shocked two years ago to learn that a large electronics chain store would open across the street from his small shop in Tokyo's Meguro Ward.
BUSINESS
Apr 22, 2003
Sony unveils huge chip investment plan
Sony Corp. said Monday its group will invest 200 billion yen through March 2006 to produce cutting-edge semiconductors being jointly developed by IBM Corp. and Toshiba Corp.
Japan Times
BUSINESS
Apr 19, 2003
Daiei reports return to the black for '02
Ailing retailer Daiei Inc. reported Friday it returned to profitability in its 2002 business year due to lower restructuring costs, which weighed heavily on its earnings in the previous term.
BUSINESS
Apr 18, 2003
Namco, Sega ponder game-sector merger
Game maker Namco Ltd. said Thursday it is in talks with Sega Corp. over a possible merger that would create the country's largest supplier of game software and arcade machines.
BUSINESS
Apr 17, 2003
Daiei to decentralize as part of reconstruction program
Ailing retail giant Daiei Inc. is likely to undertake more decentralized merchandising and store operations as part of its restructuring efforts, a key manager in its group said Wednesday.
Japan Times
BUSINESS / INDUSTRY TRENDS
Apr 17, 2003
Big screens on grand scale win back new generation of film fans
The magic of Harry Potter and "The Lord of the Rings" may not be the only reason that people are returning to movie theaters.
BUSINESS
Apr 16, 2003
Lawson's profit plunges 45% on outlet closures
Lawson Inc., Japan's No. 2 convenience store chain, said Tuesday its group net profit for the year through February plunged 45 percent to 8.86 billion yen due to closures of unprofitable stores.
Japan Times
BUSINESS
Apr 16, 2003
McDonald's pins hopes on healthy new menu
In an attempt to lure customers back to its 3,900 outlets, McDonald's Co. (Japan) Ltd. on Tuesday unveiled menu additions it hopes will project a fresh and healthy image.
BUSINESS
Apr 11, 2003
Seven-Eleven earnings up 23rd straight year
Convenience store chain Seven-Eleven Japan Co. said Thursday it racked up its 23rd consecutive year of record earnings in the year through Feb. 28, thanks to aggressive store openings.
Japan Times
BUSINESS
Apr 11, 2003
Restructuring costs slam Ito-Yokado
Ito-Yokado Co. posted a group net profit of 21.02 billion yen for its business year through Feb. 28, a plunge of 59.8 percent from a year earlier, Japan's largest retailer said Thursday.
BUSINESS
Apr 9, 2003
NEC expects to book loss for second straight year
NEC Corp. has lowered its group earnings forecast to an expected group net loss of 25 billion yen for the 2002 business year, which ended March 31, the firm said Tuesday.
BUSINESS
Apr 8, 2003
Aeon reports record sales, profits
Aeon Co. said Monday that it returned to the black for the year that ended Feb. 20, with a record group net profit and group operating revenue.
BUSINESS
Apr 8, 2003
Matsushita expects 23.5 billion yen loss for fiscal '02
Joining a growing list of companies hit by plummeting bank shares, Matsushita Electric Industrial Co. said Monday it expects to report a group net loss of 23.5 billion yen for the fiscal year that ended March 31.
BUSINESS
Apr 8, 2003
IPOs in Japan slide by almost one-third
A total of 124 Japanese companies went public in fiscal 2002, down from 174 the previous year, owing mainly to sluggish stock markets, according to a report released Monday by UFJ Tsubasa Research Institute Ltd.
BUSINESS
Apr 4, 2003
First over-the-counter sleeping pills hit stores amid barrage of inquiries
The country's first over-the-counter sleeping pills hit shelves Thursday, with their maker forecasting that the drug could meet its original sales target for the year within the first month.
BUSINESS
Apr 2, 2003
Mitsubishi Electric hit by share falls
Mitsubishi Electric Corp. said Tuesday its group net profit for the 2002 business year, which ended Monday, was wiped out by the plummeting prices of bank shares.
BUSINESS
Mar 29, 2003
McDonald's Holdings flips top manager posts
said Friday that managers from its U.S. parent now hold two of the top three positions on its board, signaling a shift in the power dynamics at the country's largest fast food chain. The shakeup, approved at a general shareholders' meeting, comes in the wake of the announcement this month that founder...

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