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Taiga Uranaka
BUSINESS
May 16, 2003
J-Pop helps Columbia Music out of seven years of red ink
Columbia Music Entertainment Inc., reviving itself under Ripplewood Holdings LLC, reported Thursday its first profit in seven years on a group operating basis.
BUSINESS
May 15, 2003
Takara learns how to spin big profits
Takara Co. on Wednesday reported better-than-expected results for fiscal 2002, thanks to strong overseas sales of its modern-day gizmos, like turbocharged tops.
BUSINESS
May 13, 2003
Sogo, Seibu to merge operations in June
Struggling department store operator Sogo Inc. announced Monday that it will integrate its operations with Seibu Department Stores Ltd. on June 1 under a new holding company, Millennium Retailing Inc.
BUSINESS
May 10, 2003
Softbank posts second net loss
Softbank Corp. said Friday its group net loss worsened in the year through March 31 due to hefty outlays to attract new subscribers to its broadband Internet service.
Japan Times
BUSINESS
May 9, 2003
Camera-phones help DoCoMo to post solid profit
NTT DoCoMo Inc., the nation's top mobile phone firm, said Thursday it posted a group net profit of 212.49 billion yen for the year through March, thanks to strong growth stimulated by camera-equipped handsets.
Japan Times
BUSINESS
May 9, 2003
Gaming industry revolution falls through
A potential revolution within the gaming industry fell apart Thursday, with Sega Corp. announcing it has scrapped integration talks with Sammy Corp. and video game maker Namco Ltd. saying it has dropped a merger proposal submitted to Sega.
BUSINESS
May 8, 2003
Shiseido shoots back to black, record earnings
Shiseido Co. not only returned to profitability for the first time in three years in fiscal 2002 but also logged record earnings thanks to strong overseas sales and cost-cutting efforts, the company said Wednesday.
BUSINESS
May 8, 2003
Power Rangers help boost Bandai's profit
Bandai Co., Japan's top toy maker, on Wednesday reported a 19 percent increase in group net profit for the year through March, with an army of characters such as Mobile Suit Gundam and Power Rangers beating the nation's deflationary trend.
BUSINESS
May 2, 2003
Ricoh profit jumps 17.7% to hit record
Copier maker Ricoh Co. said Thursday its group net profit for the business year through March 31 jumped 17.7 percent to a record 72.51 billion yen.
Japan Times
BUSINESS / INDUSTRY TRENDS
May 2, 2003
Firms itching to cash in on athlete's foot sufferers
The phrase "I wouldn't want to be in your shoes" threatens to take on a whole new meaning as summer kicks in, with an estimated one in five Japanese suffering from athlete's foot.
BUSINESS
May 1, 2003
ANA fails to right '01's financial wrongs
All Nippon Airways Co. said Wednesday it failed in the year to March to rebound from the losses it suffered the year before, blaming its sluggish performance on weak consumer spending and stiff competition on prices.
BUSINESS
Apr 29, 2003
Hitachi swings back into the black
Hitachi Ltd. said Monday it returned to profitability in fiscal 2002, thanks to cost-cutting measures.
BUSINESS
Apr 29, 2003
Matsushita logs net loss despite sharp sales rise
Matsushita Electric Industrial Co. said Monday it posted a group net loss of 19.45 billion yen for fiscal 2002, the second straight year its ink has run red.
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.

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