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Japan Times
BUSINESS
Nov 19, 2004

Banks looking to cash in on end of brokering ban

Japanese mega-banking groups are stepping up efforts to launch one-stop financial shops that provide financial services across the board, ranging from banking services to sales of stocks, bonds, mutual funds and insurance policies.
Japan Times
LIFE / Style & Design / COUNTER CULTURE
Nov 19, 2004

Ginza bites the Big Apple

American fashion institution Barneys New York has finally found a place to call home in Tokyo. Opened last month in Ginza, this is the first flagship store in Japan for the prestigious Big Apple retailer. Operated by Isetan, Barneys has been in Japan for over a decade, but fans in Tokyo have had to settle...
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
Nov 16, 2004

Are you taking care of your health?

Robert Hamilton Instructor, 31 Yes, more or less. I go to the gym 3 times a week and I watch what I eat. If you don't watch out for your health, about my age issues will start creeping up on you.
BUSINESS
Nov 13, 2004

Bill OK'd to broaden trust assets

A Lower House panel endorsed a bill Friday to expand the types of assets that can be put in trust to include intellectual property such as technology, music and animation.
BUSINESS
Nov 12, 2004

Daiei may ask founding family to offer up assets

Daiei Inc. might ask its founding family to bear some responsibility for the company's financial troubles by providing some of its personal assets to help with the retailer's rehabilitation, company sources said Thursday.
JAPAN / Media / MEDIA MIX
Oct 31, 2004

Daylight robbery -- and we accept it

Last February, the Tokyo municipal government adopted a policy to discourage key money reikin and lease renewal fees koshinryo in rental agreements. The policy is long overdue since key money and renewal fees are tenant-gouging practices sanctioned by nothing more than habit.
EDITORIALS
Oct 30, 2004

Mr. Tsutsumi's lack of accountability

To the dismay of many people, the stock scandal involving Seibu Railway Co. has exposed a cloistered corporate culture. Seibu -- which went public more than half a century ago -- allegedly filed a false securities report to the Tokyo Stock Exchange (TSE). It is also suspected of illegal insider trading....
COMMUNITY / Our Lives / WHEN EAST MARRIES WEST
Oct 23, 2004

Winning and losing the compliment game

My, I'm impressed with the way you read. Your eyes just sail across the text like a clipper ship backed by fair winds and bound for a friendly port. Even when you blink, you don't slow down. Even when I type challenging words like "panegyric" or "ibetyourbreathcouldkillahorse," you barely pause on the...
BUSINESS
Oct 21, 2004

Yahoo Japan profit jumps 46% on robust ad revenue

Yahoo Japan Corp. said Wednesday its second-quarter net profit jumped 46 percent to 8.64 billion yen, buoyed by continued growth in advertising revenue.
EDITORIALS
Oct 3, 2004

A Starbucks-saturated planet

A re we tired of Starbucks yet? Apparently not in Japan, where, after a dip into the red last year, the company reported a higher-than-expected surge in profits this past summer, fueled by cost-cutting strategies and a boom in sales of Strawberry Cream Frappuccinos. While a few unprofitable stores have...
Japan Times
LIFE / Travel
Sep 24, 2004

Northern delights of Sapporo

Despite its easy proximity, brought by the relatively short flying time from Tokyo, an air of remoteness still hangs over Hokkaido. Physically the island is more a last outpost of Siberia than an integral part of Japan. In Hokkaido, little rice grows, scant cherry trees bloom, no rainy season descends,...
BUSINESS
Sep 22, 2004

Slide in residential land prices slows; Tokyo on upward trend

Land prices around Japan fell for the 13th straight year, but the margin of decline in residential areas shrank for the first time in seven years and prices in central Tokyo showed an upward trend, the government said Tuesday.
COMMUNITY / How-tos / LIFELINES
Sep 21, 2004

Office space and garbage

The office I am starting a small business and looking for an office. I hear that you have to pay many months -- up to a year -- to rent an office. Is this true and is there anything I can do about it?
Japan Times
COMMUNITY
Sep 18, 2004

Shakespeare goes Gothic at New National Theater

As a law unto himself, Dwayne Lawler is well named. Tense -- intense is the better word -- and charismatic, he is driven by powerful forces to make his mark on Japan, his native Australia and the world at large. At the same time he is incredibly nervous, and so polite and desperate to please that I want...
Japan Times
BUSINESS
Sep 17, 2004

Private universities stage central Tokyo comeback

After relocating some departments to the outskirts of Tokyo to cope with increasing enrollments, private universities are now increasingly returning to the city center to survive amid a declining birthrate.
COMMENTARY / World
Sep 11, 2004

China takes no chances in Hong Kong poll

HONG KONG -- It is now clear that China is quietly tearing up the fine promises it made in 1984 that Hong Kong would be permitted a high degree of autonomy when China resumed sovereignty over the city after 150 years of British colonial rule. Beijing is going to great lengths to ensure that prodemocracy...
BUSINESS
Sep 9, 2004

Sojitz to receive 370 billion yen capital injection from financial institutions

Struggling trading house Sojitz Holdings Corp. officially announced Wednesday it will get a 370 billion yen capital injection from financial institutions, including UFJ Holdings Inc. and UBS AG, to clean up its balance sheet.
EDITORIALS
Sep 3, 2004

Sparing banks without spoiling them

For all practical purposes, big banks in Japan have turned the corner in their efforts to clean up their bad loans. For small and medium-size banks, though, no light is yet visible at the end of the tunnel. With caps on deposit insurance due to be fully reinstated next April, smaller lenders have no...
BUSINESS
Aug 21, 2004

Tertiary industry index up 1.6% to four-year high in April-June term

Japan's tertiary industry activity index rose during the April-June quarter to its highest level in four years, the government said Friday, reinforcing the view that the country's economic recovery has taken root among nonmanufacturers.
COMMENTARY
Aug 21, 2004

A lonely stand against the party machine

HONG KONG -- The extraordinary story of a county Communist Party secretary's lonely six-year battle against corruption in coastal Fujian Province, unveiled last week on the Web site of the official People's Daily newspaper, on one level marks a personal crusade.
BUSINESS
Aug 20, 2004

UFJ group to sell Aplus to HSBC for 100 billion

The UFJ group will sell Aplus Co., an ailing consumer finance affiliate, to the HSBC group of Britain for about 100 billion yen, according to sources.
BUSINESS
Jul 24, 2004

Sojitz Holdings pursues 250 billion yen injection

Sojitz Holdings Corp., the parent of troubled trading house Sojitz Corp., announced Friday it will seek a capital injection of around 250 billion yen from UFJ Holdings Inc., the UBS group of Switzerland and other financial institutions.
BUSINESS
Jul 17, 2004

Report says Japan must be more open to outside world

Japan needs to carry out further structural reforms to take greater advantage of economic globalization, according to the government's annual white paper on the economy.
Japan Times
JAPAN
Jul 6, 2004

Kerry has potential to further ties, scholar says

If Democratic Sen. John Kerry is elected president of the United States in November, the first half of his administration will be extremely important for Japan-U.S. relations, a prominent U.S. scholar told a recent seminar in Tokyo.
COMMENTARY
Jul 5, 2004

Genuine educational reform

As part of the government-proposed trilogy of reform, a review will be made of having the national treasury pay the costs of compulsory education. Present plans call for transferring some government revenues generated by the consumption tax and other sources to local autonomies and abolishing various...
JAPAN
Jul 1, 2004

Ex-Sogo chief told to meet contract obligation

The Tokyo High Court on Wednesday upheld a lower court ruling ordering the former chairman of department store chain Sogo Co. to pay 12.8 billion yen to Mizuho Corporate Bank as guarantor for a loan extended to a Sogo outlet that turned sour.
BUSINESS
Jun 30, 2004

Firms hold shareholders' meetings

About 1,720 companies held shareholders' meetings across Japan on Tuesday to explain their results for the 2003 business year to March 31 and to get approval for dividends and future policies.
BUSINESS
Jun 26, 2004

Japan's soaring debt now more than 700 trillion yen

Japan's outstanding debt rose 4.9 percent from a year ago to a record 703 trillion yen as of March 31, the government said Friday.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?