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November 23, 2024
 

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Japan Times
COMMUNITY
May 25, 2003

Kansai rides the onsen wave

It's a sunny Saturday afternoon, and Spa World in Osaka's Naniwa Ward is crowded with people of all ages drawn to its 16 different kinds of baths. True to its name, it's an onsen theme park with a global approach.
BUSINESS
May 24, 2003

Hazama logs net loss of 122 billion yen

Ailing contractor Hazama Corp. said Friday its group net loss swelled to 122.6 billion yen in fiscal 2002, due to valuation losses on its asset holdings, including stocks. The firm posted a group net loss of 1.66 billion yen in fiscal 2001.
BUSINESS
May 20, 2003

Ailing contractors to delay merger

Troubled contractors Kumagai Gumi Co. and Tobishima Corp. said Monday they will delay the deadline for their planned merger for a year until April 2005 so they can prepare more carefully.
BUSINESS
May 16, 2003

JR Tokai records sales decline

Central Japan Railway Co. (JR Tokai) said Thursday it suffered its first fall in group sales in three years in fiscal 2002. It attributed the decline to a slump in core bullet train services on the Tokaido Shinkansen Line amid an adverse business environment and intense competition with airlines.
COMMENTARY / World
May 9, 2003

The silent birth of a killer virus

BEIJING -- Is it the "big one" -- the indestructible one? Perhaps not. Either way, China's inability to tell the truth has made it a threat to all of us.
EDITORIALS
May 7, 2003

Ease lending to small firms

Small businesses in Japan continue to languish in the midst of a protracted economic slump. Compounding their predicament is the tight lending policy of private banks, which are said to be more selective toward smaller borrowers than larger ones. Banks may have their own reasons to restrict lending,...
BUSINESS
May 3, 2003

Debt-saddled Daiwa seeks protection

Daiwa Construction Co. said Friday it has filed with the Tokyo District Court for protection from creditors under the fast-track corporate rehabilitation law.
EDITORIALS
Apr 29, 2003

A crucial contingency package

How should Japan deal with a military attack from abroad? This question has acquired greater urgency amid heightened regional security concerns. However, military contingency legislation now before the Diet should be debated from a long-term perspective. At stake is the fundamental question of how to...
COMMUNITY / Our Lives / JAPAN LITE
Apr 26, 2003

How to tell if your neighbor is a yakuza

Several years ago as I was taking a taxi to work, the taxi driver took a shortcut down a small side street through an old neighborhood. When we rounded a corner, we were met by about 50 men dressed in suits lining both sides of the street and making deep bows. The taxi driver stopped behind a large black...
EDITORIALS
Apr 22, 2003

The meaning of low interest rates

The global economic outlook remains dim despite the swift and decisive coalition victory in Iraq. In Japan the prospects are darker still, with deflation getting worse, not better. Stock prices are at their lowest level in about 20 years. Banks are still burdened with piles of bad debt. Prime Minister...
Japan Times
LIFE / Travel / NATURE TRAVEL
Apr 20, 2003

Look what the tide brought in

Venice Beach, Fla., and the sun is hot and strong. Most tourists are simply lounging on the sand turning various shades of furious red or "Baywatch" bronze. A few are chucking Frisbees or checking out the babes.
BUSINESS
Apr 15, 2003

New condos in Tokyo fell in March

The number of new condominiums put on sale in the Tokyo metropolitan area in March totaled 9,566 units, down 11.5 percent from a year earlier, the Real Estate Economic Institute said Monday.
Japan Times
JAPAN
Apr 12, 2003

Odaiba beach not even safe for sewer rats to dip in

It's Tokyo's premier beach -- a strip of wave-washed sand carefully constructed more than a decade ago in a multibillion yen project to give the sprawling capital an ultramodern waterfront.
BUSINESS
Apr 11, 2003

Takashimaya swings to net profit

Takashimaya Co. said Thursday its group net balance swung into the black for the year to Feb. 28 but that its consolidated revenue and pretax profit dropped due to continued economic stagnation.
BUSINESS
Apr 8, 2003

IPOs in Japan slide by almost one-third

A total of 124 Japanese companies went public in fiscal 2002, down from 174 the previous year, owing mainly to sluggish stock markets, according to a report released Monday by UFJ Tsubasa Research Institute Ltd.
EDITORIALS
Apr 2, 2003

A timely resignation

It's deja vu all over again. Yet another lawmaker has fallen into disgrace over money scandals. On Monday Mr. Tadamori Oshima, the minister of agriculture, fisheries and forestry, resigned his post in order to take responsibility for the alleged graft and misuse of campaign funds by his former secretaries....
COMMENTARY
Mar 31, 2003

Win the peace with Muslims after the war

LOS ANGELES -- Location, in politics as well as in real estate, is almost everything. When British Prime Minister Tony Blair came calling on U.S. President George W. Bush, America's foremost ally raised with Washington the tender issue of repairing badly damaged relations with America's "old Europe"...
Japan Times
COMMUNITY
Mar 30, 2003

A new 'cutting-edge town' for the world

A sprawling redevelopment complex sporting luxury apartments, movie theaters, art galleries and a museum will soon give Tokyo's seedy Roppongi entertainment district a cleaner, more cultured appearance that the developer hopes will turn it into an "ultimate destination" for travelers worldwide.
JAPAN
Mar 29, 2003

Yakuza pestering civil servants

A National Police Agency poll of 2,956 local-government departments that deal directly with the public found that about 30 percent of them have had confrontations with gangsters, and around 70 percent of those faced extortionist demands in the past year alone.
BUSINESS
Mar 25, 2003

Japan's land prices fall for 12th straight year

Land prices fell for the 12th straight year in 2002, the land ministry said in a report released Monday.
COMMENTARY
Mar 24, 2003

Smashing the payoff triangle

The history of the Liberal Democratic Party includes a long list of money scandals. The recent arrest of Lower House lawmaker Takanori Sakai, charged with violating the Political Funds Control Law, is the latest reminder.
BUSINESS / JAPANESE PERSPECTIVES
Mar 24, 2003

Will new BOJ governor be able to navigate tricky global waters?

Fukui Toshihiko was officially sworn in as new governor of the Bank of Japan on Thursday, with former Vice Finance Minister Toshiro Muto and Kazumasa Iwata, a senior Cabinet official, appointed as vice governors. Under the revised BOJ Law of 1998, all members of the BOJ Policy Board are to serve a five-year...
BUSINESS
Mar 18, 2003

Economic assessment upgraded

The government on Monday upgraded its assessment of the economy due to rising corporate earnings and capital investment, but expressed caution over effects from the looming U.S.-led war on Iraq.
JAPAN
Mar 18, 2003

Decisions not to appeal end Recruit-scandal trial

Both prosecutors and defense lawyers for Hiromasa Ezoe, founder and former chairman of Recruit Co., said Monday they will not appeal a recent ruling that handed Ezoe a suspended jail term over the so-called Recruit scandal.
BUSINESS / JAPANESE PERSPECTIVE
Mar 17, 2003

Next BOJ team must sell the public a fiscal policy it can believe in

A lot has been said about the nomination of Bank of Japan Gov. Toshihiko Fukui, the events that led to the formation of his team, and the political dynamics behind that decision. Now, with his formal appointment due on Thursday, I would like to point out several tasks the central bank will need to tackle...
BUSINESS
Mar 7, 2003

Hazama asks Ando for directors and funds

Struggling construction firm Hazama Corp. said Thursday it is asking fellow midsize builder Ando Corp. to take a stake in it and dispatch directors under its new three-year business plan.
BUSINESS
Mar 6, 2003

Growing number of firms feel their payrolls are inflated

Many employers simply feel they have too many workers, a government survey showed Wednesday.
BUSINESS
Mar 6, 2003

Firms' restructuring efforts appear to be paying dividends

Figures released Wednesday by the Finance Ministry indicate that companies' restructuring efforts are paying dividends.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
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