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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.
Japan Times
JAPAN / Media / MEDIA MIX
Jun 20, 2004

Talent agencies enjoy the biggest laugh

Yoshimoto Kogyo, one of the biggest talent agencies in Japan, recently announced that it plans to build a new 1,000-seat comedy theater in Shinjuku. The company already operates a 458-seat theater in the Shinjuku Lumine building, and like that one the new venue will present only Yoshimoto acts. The company's...
Japan Times
COMMUNITY
Jun 19, 2004

Walt Disney 'imagineer' also promotes 52 virtues

It has taken John Kavelin 40 minutes to drive from his job as director of design and production at Tokyo Disneyland to his home in Minami Azabu. At least 20 minutes faster than if he took the train, he notes, pleased.
BUSINESS
Jun 17, 2004

Foreign direct investment down 3.2%

Foreign direct investment in Japan fell 3.2 percent in fiscal 2003 from the previous year to 2.12 trillion yen, the Finance Ministry said Wednesday.
Japan Times
CULTURE / Film
Jun 16, 2004

Follow this flowery Lane

Under the Tuscan Sun Rating: * * * (out of 5) Director: Audrey Wells Running time: 112 minutes Language: English Currently showing [See Japan Times movie listings] Sometimes, when you've reached a certain age, love's not enough. It's gotta be supported with real estate. This is the moral...
BUSINESS
Jun 15, 2004

Corporate bankruptcies down 17th month in row

The number of corporate bankruptcies dropped 20.2 percent in May from a year earlier to 1,182, down for the 17th straight month, a corporate credit research agency said Monday.
CULTURE / Books / THE ASIAN BOOKSHELF
Jun 13, 2004

Banking on Japan

SAVING THE SUN: A Wall Street Gamble to Rescue Japan From Its Trillion-Dollar Meltdown, by Gillian Tett. New York: Random House Books, 2004, 2,940 yen (paper). This is a remarkable saga about the demise of Long Term Credit Bank and its improbable recovery as Shinsei Bank. It is a story about the Japanese...
JAPAN
May 31, 2004

Recruit workers allegedly hid stock gains

Dozens of former and current employees of Recruit Co., a major information service firm, have been accused of failing to declare billions of yen in profits from selling their holdings of the company's unlisted shares, sources close to the case said Sunday.
JAPAN
May 31, 2004

Recruit workers allegedly hid stock gains

Dozens of former and current employees of Recruit Co., a major information service firm, have been accused of failing to declare billions of yen in profits from selling their holdings of the company's unlisted shares, sources close to the case said Sunday.
JAPAN
May 30, 2004

TSE president slapped with pay cut

The Tokyo Stock Exchange has decided to penalize its president, Takuo Tsurushima, with a pay cut over a business improvement order issued to the bourse by the Financial Services Agency, TSE officials said Saturday.
BUSINESS
Apr 24, 2004

Tertiary industry activity index falls

Japan's tertiary industry activity index plunged in February from January, marking the largest margin of decline in seven years, the government said Friday.
JAPAN
Apr 20, 2004

Average value of assets held by Lower House members falls

The average value of assets held by 478 House of Representatives lawmakers elected last November stands at 51.6 million yen, excluding stocks, according to a Kyodo News survey released Monday.
Japan Times
Features
Apr 18, 2004

Hanging by a thread

Spurned by many top Japanese designers, patchy in quality and sprawling over a month at a mishmash of venues, the twice-yearly Tokyo Collections -- whose fall/winter 2004/05 shows end this week -- still lay claim to being the highpoints of Asia's fashion year. But are Tokyo's days numbered as the `Paris...
Japan Times
Features
Apr 18, 2004

New rich fashion a Shanghai style of sorts

SHANGHAI -- "There is nothing the Cantonese will refuse to eat, and nothing the Shanghainese will refuse to wear" is a popular Chinese adage harking back to Shanghai's 1930s heyday when it had a worldwide reputation for decadence and glamour.
COMMENTARY
Apr 13, 2004

Pakistani military tightens grip on power

ISLAMABAD In a year when Pakistani President Gen. Pervez Musharraf has promised to step down as head of the military and continue only as a civilian president, his decision to back the Parliament's approval of a new national security council, or NSC, raises fresh concerns over the future of democracy....
BUSINESS
Mar 27, 2004

Tokyu poised to sell 85% of travel unit to investment firm

Railway firm Tokyu Corp. said Friday it will sell 85.03 percent of wholly owned travel subsidiary Tokyu Tourist Corp. to Activ Investment Partners Ltd. for 2.49 billion yen.
BUSINESS
Mar 23, 2004

Electricity, gas firms vie for slice of energy market

Amid stagnant growth in household energy consumption caused by the prolonged recession, the electricity and gas industries are locked in fierce competition for sale of safe, cheap energy to homes.
COMMENTARY
Mar 22, 2004

Cracking police shell games

Police in Hokkaido, Shizuoka and Fukuoka prefectures have allegedly misused taxpayers' money. A number of active and retired officers have disclosed that money appropriated for phony business trips and investigative activities was diverted to slush funds.
BUSINESS
Mar 17, 2004

Key nations expected to see workforce expansion

Manpower Japan Co. said Tuesday that nations such as Japan and the U.S. are expected to see a sharp increase in jobs in the April-June period from the previous quarter.
BUSINESS
Mar 13, 2004

Corporate bankruptcies slipped 23.8% in February

The number of corporate bankruptcies in Japan fell 23.8 percent in February from a year earlier to 1,208, marking a 14th straight month of decrease, Teikoku Databank Ltd. said Friday.
Japan Times
Events
Mar 12, 2004

Diagnosing what really ails Japan, Germany

BERLIN -- Japan and Germany, once the powerful engines of the global economy together with the United States, have had stagnant years since the 1990s.
COMMENTARY / World
Mar 6, 2004

Let China decide yuan's fate

CAMBRIDGE, England -- The Americans are at it again. Unable to get their own economic house in order, they have sent a team to Beijing to try to force China to revalue the yuan.
Japan Times
LIFE / Travel
Feb 22, 2004

The Great White Yonder: Japan's 'Siberia'

Once upon a time, there was a chilly little town by the sea. It had ice and snow to spare, but not a single winter resort facility. Its fading downtown managed to be both antiquated and charmless. Fishing, once the lifeblood of the town, had seen its best days, and for every new inhabitant, more than...
BUSINESS
Feb 21, 2004

New 'happoshu' brew earns Asahi record profits

Industry leader Asahi Breweries Ltd. reported Friday a record net profit for 2003, buoyed by strong sales of a newly introduced "happoshu" beerlike beverage.
BUSINESS
Feb 20, 2004

FSA to allow registered companies to enter trust business

The Financial Services Agency plans to allow individuals and nonfinancial firms to register to set up trust companies with limited operations.
Japan Times
Features
Feb 15, 2004

Laughs and tears in life at Lily's

Lil is a woman who knows a thing or two about survival.

Longform

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