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Japan Times
BUSINESS / FRONT-RUNNERS
Jun 3, 2003

Sanyo charging ahead in cell phone battery sector

Chances are if you use a mobile phone equipped with a camera, it's powered by a Sanyo battery.
BUSINESS
Apr 26, 2003

Mazda reports near threefold profit surge

Mazda Motor Corp.'s group net profit for the year through March nearly tripled from the previous year to 24.1 billion yen, due to large reductions in operating costs and the appreciation of the euro against the yen, the company announced Friday.
BUSINESS
Feb 22, 2003

Publisher Kodansha slips into red

Kodansha Ltd. fell into the red for the first time since World War II in the year through Nov. 30, due to weakening magazine sales, a company spokesman said Friday.
BUSINESS
Feb 5, 2003

Hitachi shoots into black

Hitachi Ltd. announced Tuesday that it posted a group net profit of 1.3 billion yen in the October-December quarter -- in stark contrast to a net loss of 115.8 billion yen a year earlier -- due to reduced costs and solid sales growth.
BUSINESS
Jan 25, 2003

Sapporo lowers projections for group earnings

Sapporo Breweries Ltd. said Friday it has lowered its consolidated earnings projections for its 2002 business year, which ended Dec. 31, due to falling sales of beer and "happoshu," as well as appraisal losses on its stockholdings.
BUSINESS
Jan 24, 2003

The colonel hit hard by downturn

Hit by tighter consumer purse strings, Kentucky Fried Chicken Japan Ltd. announced Thursday that its consolidated net profit dropped 15.2 percent to 1.38 billion yen in the business year that ended in November.
BUSINESS
Jan 12, 2003

Daiei to scrap tie-up with electronics discounter

Daiei Inc. said Saturday it will scrap a sales tieup with Yamada Denki Co., a move that will force the troubled retail giant to review its strategy for increasing slumping sales of household appliances.
Japan Times
JAPAN
Jan 8, 2003

Japanese escape woes in 'Boogie Wonderland'

Middle-aged disco lovers in Japan boogie to the sounds of a past era, when flares, platform shoes and gold medallions were cool and the economy was on the upswing.
Japan Times
BUSINESS
Nov 22, 2002

Automakers launch price war

Automakers are waging a price war in an attempt to lift sales amid the prolonged recession.
BUSINESS
Nov 19, 2002

NTT posts first-ever fall in consolidated revenues

Telecom giant Nippon Telegraph and Telephone Corp. reported Monday that its consolidated sales fell 1.7 percent to 5.37 trillion yen in the fiscal first half to Sept. 30, marking the first-ever decline in revenue since the firm's privatization in 1985.
Japan Times
LIFE / Digital / NAME OF THE GAME
Nov 7, 2002

PlayStation stays ahead of the pack

When it comes to video games, Sony is the company that does no wrong.
JAPAN
Sep 13, 2002

Farm ministry files complaints

The farm ministry filed criminal complaints Thursday against the former chiefs of three sales offices of a Nippon Meat Packers Inc. subsidiary on suspicion of defrauding the government out of nearly 10 million yen.
JAPAN
Aug 31, 2002

Meat packers fill Nippon Ham void

OSAKA -- Meat processing firms will continue to increase production in September as sales at Nippon Meat Packers Inc., stung by a beef-mislabeling scam at its subsidiary, Nippon Food Inc., are expected to continue to decline, according to industry sources.
BUSINESS
Aug 10, 2002

Foreigners end six-month buying spree

Nonresident investors turned net sellers on the Tokyo, Osaka and Nagoya bourses in July for the first time in six months, with a record number of stocks sold.
BUSINESS
Aug 9, 2002

Asahi Breweries lowers group earnings outlook

Asahi Breweries Ltd. said Thursday its group fiscal 2002 midterm net profit soared due to smaller extraordinary losses, but a decline in sales has prompted it to lower consolidated earnings projections.
JAPAN / INTERNATIONAL RATIONALE
Jul 9, 2002

Dell turns to consumer market in quest to be No. 3

As the nation's personal computer market shrinks, competition is intensifying, and the Japanese unit of U.S.-based Dell Computer Corp. is becoming a rising force with its low-cost business model.
BUSINESS
Jun 11, 2002

Domestic retailers brace for Seiyu-Wal-Mart impact

Japan's retail industry, suffering from a decade-long economic slump and the advance of powerful specialty discount stores, is gearing up to compete with another formidable player.
BUSINESS
May 18, 2002

Ajinomoto net balance in the black

Ajinomoto Co. said Friday its group net balance returned to the black in the year that ended March 31 due mainly to increased sales of pharmaceuticals and dietary supplements. Consolidated net profit in fiscal 2001 came to 31.44 billion yen, a turnaround from the previous fiscal year's loss of 11.55...
BUSINESS
May 16, 2002

Yamaha Motor posts record profits for '01

Yamaha Motor Co. said Wednesday it posted record group pretax profits of 32.7 billion yen in fiscal 2001, up 30.3 percent from a year earlier.
BUSINESS
May 10, 2002

Bandai reports 34.5% increase in pretax profit

Bandai Co., the nation's biggest toy maker, said Thursday its group pretax profit jumped 34.5 percent to 1.99 billion yen in the year that ended March 31 thanks to brisk sales in Japan and abroad.
Japan Times
BUSINESS
Apr 26, 2002

Rise in computer prices to reflect winds of change

"Now is your chance," reads a sign at the personal computer section of a Yodobashi Camera outlet in Tokyo's Shinjuku Ward.
BUSINESS
Feb 22, 2002

Matsushita looking at losses of 438 billion yen

Matsushita Electric Industrial Co. said Thursday it expects to log consolidated net losses of 438 billion yen in fiscal 2001.
Japan Times
BUSINESS
Feb 6, 2002

Snow Brand looks to tieups to survive series of scandals

Snow Brand Milk Products Co. announced Tuesday that it is studying tieups with third party firms to overcome a series of scandals involving its subsidiary Snow Brand Foods Co.
BUSINESS
Jan 30, 2002

Showa Denko revises earnings, expects net loss

Chemical manufacturer Showa Denko K.K. said Tuesday it revised downward its fiscal 2001 group earnings projection to a 34.5 billion yen net loss from a break-even estimate due to additional advanced writeoffs of about 31.6 billion yen in restructuring costs.
Japan Times
BUSINESS
Jan 4, 2002

Imported appliances selling well as buyers search for simplicity

Reiko Shibata, a 48-year-old housewife in Musashino, western Tokyo, occasionally visits Gaikoku Kaden, a neighborhood shop specializing in imported home appliances ranging from General Electric refrigerators and Dyson vacuum cleaners to La Pavoni espresso makers and Cuisinart blenders.
BUSINESS
Nov 20, 2001

Health goods put Ajinomoto in black

Ajinomoto Co., Japan's major seasoning maker, said Monday its consolidated net balance in the first half of the 2001 business year turned to the black because of strong sales of nutritional foods and medicine.
BUSINESS
Nov 20, 2001

Top automakers rev up profits

Japan's top three automakers posted record profits while the No. 4 and No. 5 automakers had to settle for reduced losses and a return to profitability, according to their midterm earnings reports.
BUSINESS
Oct 24, 2001

Sega to take big hit on stock portfolio

Game software maker Sega Corp. said Tuesday it expects a bigger group net loss for the first half that ended Sept. 30 due to an appraisal loss of 23.8 billion yen on its securities holdings in the wake of falling share prices.
BUSINESS
Oct 17, 2001

Seiyu posts net first-half profit

Supermarket chain operator Seiyu Ltd. on Tuesday posted consolidated net profits of 617 million yen for the first half of the 2001 business year through Aug. 31.

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