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Mayumi Negishi
Japan Times
JAPAN / BY THE NUMBERS
Oct 19, 2004
Law of probability proves bid-rigging is rife
The bid-rigging took place at breakfast, recalls the son of a former official at the Tokyo Metropolitan Government's Port and Harbor Bureau.
Japan Times
BUSINESS
Oct 15, 2004
Daiei fix followed twisted path
It took one phone call from auditor Deloitte Touche Tohmatsu to convince Daiei Inc. to accept help from the state-backed Industrial Revitalization Corp. of Japan and end a lengthy standoff between the retailer and major banks.
JAPAN
Oct 8, 2004
FSA targets UFJ over attempts to block probe
The Financial Services Agency filed a criminal complaint against UFJ Bank and three former executives Thursday over their attempts to block inspections by concealing documents and refusing to answer questions, the bank regulator said.
BUSINESS / CABINET INTERVIEW
Oct 5, 2004
IRCJ to stop accepting new projects in March
Seiichiro Murakami, newly chosen state minister in charge of industrial revitalization, said the Industrial Revitalization Corp. of Japan will stop accepting new turnaround assignments in March, as scheduled.
Japan Times
BUSINESS
Oct 2, 2004
FTA concessions needed: Nakagawa
Japan may have to make more concessions to push forward free-trade negotiations with Southeast Asian nations, according to Shoichi Nakagawa, minister of economy, trade and industry.
Japan Times
BUSINESS
Oct 1, 2004
Tax increases on the table: Tanigaki
With the economy relatively steady, Japan is ready for debate on tax increases and government program cuts to put the nation's finances in order, according to Finance Minister Sadakazu Tanigaki.
Japan Times
BUSINESS / CABINET INTERVIEW
Sep 29, 2004
Takenaka vows to get LDP members on board for Japan Post privatization
Heizo Takenaka, just named to the brand-new post of minister of postal reform, said Tuesday he will "keep talking" to Liberal Democratic Party politicians until he wins their support for privatization.
BUSINESS
Sep 17, 2004
Koizumi to get specially heated water via fuel cell
The government said Thursday it will make the world's first purchase of a polymer electrolyte fuel cell to help supply electricity and heated water to Prime Minister Junichiro Koizumi's new residence.
BUSINESS
Sep 15, 2004
SESC targets Citibank over bond misdeeds
The Securities and Exchange Surveillance Commission said Tuesday it has urged the Financial Services Agency to take punitive administrative action against the Tokyo branch of Citibank over violations of Japanese security law.
Japan Times
BUSINESS
Sep 10, 2004
Fear of losing out to China prompts FTA stampede
Panicking suddenly over the specter of being left behind by its Asian neighbors, Japan is rushing to conclude bilateral free-trade agreements, with ministers striving to get stalled talks restarted.
Japan Times
BUSINESS
Sep 1, 2004
Toothless SESC rues failure to protect investors
Teruko Noda, a commissioner of the Securities and Exchange Surveillance Commission, has a cabinet full of letters, mostly telling the same story: brokers who allegedly lied and individual investors who lost their life savings.
BUSINESS
Sep 1, 2004
FSA asks for more funds
The Financial Services Agency on Tuesday formally asked the Finance Ministry to increase funding by 14.2 percent in fiscal 2005 to enable it to hire more inspectors to monitor financial institutions and markets.
BUSINESS
Aug 20, 2004
Governors OK subsidy cuts, including for teacher salaries
Prefectural governors voted Thursday to adopt a list of 160 subsidy cuts as part of a 3.2 trillion yen central government subsidy-reduction plan, including the controversial 850 billion yen for junior high school teacher salaries.
BUSINESS
Aug 18, 2004
Japan hopes opening bond sales to foreigners will solve woes
The Finance Ministry is increasingly hoping to sell Japanese government bonds to foreigners. And the economic recovery is forcing this effort to be accelerated.
JAPAN
Aug 14, 2004
0.4% GDP rise rains on parade
Japan's economy expanded 0.4 percent in the April-June quarter from the previous quarter, sharply slowing on lackluster corporate investment and consumer spending, Cabinet Office data showed Friday.
JAPAN
Aug 14, 2004
0.4% GDP rise rains on parade
Japan's economy expanded 0.4 percent in the April-June quarter from the previous quarter, sharply slowing on lackluster corporate investment and consumer spending, Cabinet Office data showed Friday.
BUSINESS
Aug 12, 2004
Current account surplus hits record 9.64 trillion yen
Japan's current account surplus for January to June grew 31.9 percent from the same period a year ago to a record 9.64 trillion yen, topping the previous high set in the second half of 2003, the Finance Ministry said Wednesday.
JAPAN
Aug 10, 2004
Nation's forestry workers cashing in their chips
A tree falling in a forest may not make a sound in Japan, at least not in the cash register.
JAPAN
Aug 7, 2004
Japan Post faces four-way split under compromise plan
Prime Minister Junichiro Koizumi's top policy panel unveiled plans Friday to split Japan's mammoth postal operations into four separate entities by 2017 at the latest.
Japan Times
BUSINESS
Jul 31, 2004
Cabinet OKs 48.2 trillion yen outlay cap
The Cabinet on Friday approved a 48.2 trillion yen ceiling for core policy-related outlays in the fiscal 2005 budget, kicking off the annual scramble by government ministries and agencies for public funding.

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