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BUSINESS
Oct 22, 2003

Surging ad revenues boost Yahoo Japan profits

Major Internet portal site operator Yahoo Japan Corp. said Tuesday its group net profit for the fiscal second quarter more than doubled to 5.91 billion yen, powered by record advertising revenue.
EDITORIALS
Oct 16, 2003

New banking hope for small firms

It appears that small-business banking in Japan is about to enter a new era. In May, the Tokyo metropolitan government unveiled a plan to create a new bank to serve smaller businesses. Now, members of the Japan Junior Chamber are pushing a similar plan. In August, they applied for permission from the...
BUSINESS
Oct 2, 2003

Mycal rehab plan earns court OK

Mycal Corp., a failed supermarket chain undergoing court-mandated rehabilitation, announced Tuesday that its rehabilitation plan has been approved by the Tokyo District Court.
BUSINESS
Sep 17, 2003

New condo supply in Tokyo up 16%

A total 5,493 new condominiums went on sale in the Tokyo metropolitan area in August, up 16.5 percent from a year earlier and a record for that month, Real Estate Economic Institute Co. said Tuesday.
Japan Times
BUSINESS / FRONT-RUNNERS
Sep 9, 2003

'Yakiniku' chain weathers hike in beef tariff

The fallout from the Aug. 1 tariff increase on beef has not yet reached the nation's largest "yakiniku" grilled-beef restaurant chains.
JAPAN
Sep 7, 2003

Daiei seeks IRCJ's assistance to revive Fukuoka operations

Struggling retailer Daiei Inc. has sought assistance from a governmental corporate revival body in the reconstruction of its baseball operations and real estate business in Fukuoka, sources close to the case said Saturday.
COMMUNITY / Our Lives / JAPAN LITE
Sep 6, 2003

Drawing the line at the gentle bovine

Did you know that there's a dairy farm in Tokyo? Forty bovine residents live in Nerima Ward, where the city grew up around the Koizumi Bokujo diary farm. I myself, would be honored to have mooing neighbors. Especially as opposed to arguing spouses, screaming children and washing machines that start at...
BUSINESS
Sep 2, 2003

IRCJ opts to bail out ailing Mitsui Mining

The Industrial Revitalization Corp. of Japan announced Monday that it has decided to bail out Mitsui Mining Co. under its resuscitation program.
BUSINESS
Aug 27, 2003

IRCJ plans to aid Mitsui Mining Co.

The Industrial Revitalization Corp. of Japan plans to assist Mitsui Mining Co. under its rescue program, sources said Tuesday.
COMMENTARY
Aug 24, 2003

Beijing betting that a better economy will calm restless Hong Kong democrats

HONG KONG -- China's strategy for dealing with the political situation in Hong Kong in the aftermath of the massive rallies last month -- when more than half a million people took to the streets -- is two-pronged: On one hand, Beijing is waging a massive economic campaign to prop up the Hong Kong economy....
BUSINESS
Aug 23, 2003

Daiei units ordered to pay off loans Kyodo News

The Tokyo District Court on Friday ordered two Fukuoka subsidiaries of struggling retailer Daiei Inc. to repay 1.38 billion yen in overdue loans to a Cayman Islands investment firm.
Japan Times
JAPAN
Jul 29, 2003

Tokyo bike couriers pedal their wares

Tokyo's perennial gridlock first prompted the birth of motorbike messenger services, but bicycle courier businesses are fast establishing themselves as viable.
BUSINESS
Jul 29, 2003

Panel gives split opinion on bank bailout system

A government advisory panel on financial affairs approved Monday a subcommittee draft report on public fund injections for ailing banks and on banks' deferred tax assets.
BUSINESS
Jul 28, 2003

Chinese currency system must face step-by-step liberalization

We recently hear a lot about the need for China to adjust the exchange rate of its currency, the yuan. In fact, Federal Reserve Board chairman Alan Greenspan, during the U.S. Senate Banking Committee hearing July 16, said it is "increasingly evident" that China should allow its currency to trade freely...
BUSINESS
Jul 19, 2003

Mori looks out for foreign children

Mori Building Co. has announced it will open a kindergarten for 180 international school children in January adjacent to the Roppongi Hills complex in Tokyo.
Japan Times
JAPAN
Jul 18, 2003

Kanda's used-book trade touts new survival ploys

Amid concerns that younger Japanese are not avid readers, like their older counterparts, Tokyo's Kanda-Jimbocho district, famed for its stores selling used books, is boasting innovative ideas to attract more customers.
Japan Times
JAPAN
Jul 10, 2003

Homeless shelters' presence, profits irk neighbors

After learning that about 20 homeless people had moved into a dormlike shelter in their neighborhood, a large group of residents in the Higashi-Nippori district of Tokyo's Arakawa Ward demanded that the local assembly close the facility and relocate its occupants.
JAPAN
Jun 25, 2003

Bankruptcy protection shifts burden to cosigner

Print shop owner Yoichi Iwasaki let out a deep sigh of relief when he filed for court protection from creditors in April 2002, but little did he realize that was not the end of his troubles.
JAPAN
Jun 25, 2003

Bankruptcy protection shifts burden to cosigner

Print shop owner Yoichi Iwasaki let out a deep sigh of relief when he filed for court protection from creditors in April 2002, but little did he realize that was not the end of his troubles.
JAPAN
Jun 25, 2003

Bankruptcy protection shifts burden to cosigner

Print shop owner Yoichi Iwasaki let out a deep sigh of relief when he filed for court protection from creditors in April 2002, but little did he realize that was not the end of his troubles.
BUSINESS
Jun 21, 2003

April tertiary sector trade rose 0.3%

The index of tertiary industry activity rose 0.3 percent in April from March, the second straight monthly gain, thanks to brisk business in the telecommunications industry, the government said Friday.
BUSINESS
Jun 14, 2003

Corporate bankruptcies down for fifth month

There were 1,482 corporate bankruptcies in May, down 12.6 percent from a year earlier for the fifth consecutive month of year-on-year decline, Teikoku Databank Ltd. said Friday.
Japan Times
LIFE / Food & Drink / TOKYO FOOD FILE
Jun 13, 2003

Dean & Deluca: A slice of NY in Marunouchi

The gentrification of Marunouchi continues apace. No longer a staid salaryman ghetto, it has reinvented itself as some of the most sophisticated commercial real estate in the city. The latest arrival in the neighborhood is the sleek steel-and-glass Mitsubishi Trust building, rising high above the venerable...
COMMENTARY / World
Jun 12, 2003

S. Korea emerges from Japan's shadow

NEW DELHI -- Despite resentment against Japan for its colonial domination of the Korean Peninsula (1910-1945), South Korea followed Japan in its model of postwar economic development. In both countries, the central government established close links between commercial banks and companies while ensuring...
BUSINESS
Jun 11, 2003

April machinery orders fell 1.8%

Core private-sector machinery orders fell a seasonally adjusted 1.8 percent in April from the previous month to 874.9 billion yen, the government said Tuesday, indicating capital spending may slow later in the year.
EDITORIALS
Jun 6, 2003

What can revive insurance firms?

Deflation in Japan is taking its toll on life insurance companies. Since they make profits by investing policyholders' premiums and bank-supplied funds in stocks, bonds, real estate and other assets, they are more susceptible to falling asset prices and near-zero interest rates than companies in other...
BUSINESS
Jun 6, 2003

Capital investment slides for sixth quarter in row

Capital investment dropped 3 percent in the January-March period from a year earlier, down for the sixth consecutive quarter, according to a Finance Ministry survey released Thursday.

Longform

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