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BUSINESS
Oct 23, 2004

Bank-account sales targeted by bill

The ruling coalition compiled a bill Friday to ban black-market sales of bank accounts, which are often used in fraud crimes, by setting penalties of up to two years in prison or a maximum of 3 million yen in fines, lawmakers said.
BUSINESS
Oct 22, 2004

Wacoal demands Kokudo annul share contract

Wacoal Corp. has asked Kokudo Corp. to annul a contract under which it bought some of Kokudo's shares in Seibu Railway Co. before the railway company announced that its financial statements were incorrect, Wacoal officials said Thursday.
CULTURE / Books / THE BOOK REPORT
Oct 21, 2004

New life patterns for a new age

The end of the high-growth period and of the go-go bubble years has brought both new opportunities and great uncertainty as the old social system based on lifetime employment crumbles and even the outlines of its successor system remain hazy. Such uncertainty no doubt played a role in propelling novelist...
BUSINESS
Oct 21, 2004

Struggling Daiei expected to appoint managing director as next president

Ailing retail giant Daiei Inc. is likely to name Managing Director Toshio Hasumi as the successor to Kunio Takagi, who will step down as president Friday to take responsibility for the firm's financial problems, informed sources said Wednesday.
JAPAN
Oct 20, 2004

Daiei rehab may lead to loss of 27,000 jobs

As many as 27,000 Daiei Inc. workers could face the ax if the struggling retail giant specializes in food supermarkets under its rehabilitation drive, according to informed sources.
BUSINESS
Oct 19, 2004

Fukui confident over outlook, wary of oil prices

Bank of Japan Gov. Toshihiko Fukui on Monday remained confident over the economic outlook but warned that soaring crude oil prices could hit the domestic and overseas economies.
BASEBALL / Japanese Baseball
Oct 19, 2004

Dragons starter Kawakami receives first Sawamura Award

Chunichi Dragons pitcher Kenshin Kawakami received his first Sawamura Award on Monday after recording 17 wins for the most in both leagues during the regular season.
BUSINESS
Oct 19, 2004

JAL, ANA meet different needs

In February, Japan Airlines Corp. surprised the industry by announcing it would replace its super-seat luxury class, which had been in place for 18 years, with a new, cheaper class on domestic flights.
CULTURE / TV & Streaming / CHANNEL SURF
Oct 17, 2004

NHK's five-part drama series, "Nebaru Onna" and more

A famous person once said, "You can't go home again," and for Hazuki (Naoko Iijima), the main character in NHK's five-part drama series, "Nebaru Onna -- Natto nante Dai-kirai (Tenacious Woman: I Hate Natto)" (NHK-G, Monday, 9:15 p.m.), going home is the last thing she wants to do.
Japan Times
Features / WEEK 3
Oct 17, 2004

Drawing on love

She is a Japanese manga artist with a piercingly sharp eye for human traits and foibles. He is an American writer and language buff who can chat with equal ease in four languages. Together, they make for a magnetic -- not to say a "mangaetic" -- couple.
BUSINESS
Oct 16, 2004

Use of 'safety net' cuts bankruptcies in fiscal first half

The number of corporate bankruptcies in Japan in the fiscal first half sank below 7,000 for the first time in a decade, Teikoku Databank Ltd. said Friday.
JAPAN
Oct 15, 2004

Koizumi told to iron out differences with LDP over postal privatization

A former Cabinet minister demanded Thursday that Prime Minister Junichiro Koizumi reach a compromise with the Liberal Democratic Party over his plan to privatize the nation's postal services.
BASEBALL / Japanese Baseball
Oct 15, 2004

Livedoor appoints O'Malley as manager

Internet services company Livedoor on Thursday announced the appointment of former Yakult Swallows and Hanshin Tigers player Tom O'Malley as manager of its baseball team.
BUSINESS
Oct 15, 2004

Uniqlo annual net profit up 50% on women's clothes

Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Thursday its net profit jumped 50 percent to 31.37 billion yen for the year ended Aug. 31, with a revamped women's clothing line luring back customers.
BUSINESS
Oct 15, 2004

IRCJ begins assessing struggling Daiei's assets

The state-backed Industrial Revitalization Corp. of Japan began a full-scale evaluation of Daiei Inc.'s assets Thursday, a day after the ailing retailer decided to seek its help instead of using only private-sector funds.
BASKETBALL / NBA / NBA REPORT
Oct 14, 2004

New owner of Nets has a lot to learn

NEW YORK -- Though no trade conversation actually took place between the Nets and Mavericks in early August, which is contrary to widespread reports, Mark Cuban was seriously considering the acquisition of 31 1/2-year old Jason Kidd for the appropriate (bad) contracts once his knee rehab was confirmed...
BUSINESS
Oct 13, 2004

Cabinet ministers give support to Daiei plan

Cabinet ministers reacted favorably Tuesday to a Daiei Inc. decision to turn itself around without the help of a state-backed corporate rehabilitation body.
COMMENTARY / World
Oct 11, 2004

Taj Mahal survives foibles of humanity

MADRAS, India -- Sadly, India continues to let its heritage and history decay. For example, recently when a scholar from the country's prestigious Jawaharlal Nehru University in New Delhi asked India's National Archives, also in the same city, for a document, the request was not entertained. The scholar...
BUSINESS
Oct 9, 2004

Worker confidence down in September

Business confidence among workers with jobs sensitive to economic trends worsened in September for the second month, sending a closely watched index below the key threshold for the first time in eight months, the government said Friday.
EDITORIALS
Oct 9, 2004

Give us a real surprise

Japan's main banks appear to be getting a grip on disposing of nonperforming loans, which was the big issue 3 1/2 years ago when Prime Minister Junichiro Koizumi took power. Corporate earnings have improved a lot, and the economy is seeing its most robust growth since the collapse of the bubble. At one...
BUSINESS
Oct 8, 2004

Persistent SMFG buys 300 shares in UFJ

Sumitomo Mitsui Financial Group Inc. said Thursday it has acquired 300 shares in takeover target UFJ Holdings Inc., opening the door to counter a merger offer from a rival Japanese bank.
BUSINESS
Oct 8, 2004

Ito-Yokado first-half profit jumps 40% on subsidiaries' results

Ito-Yokado Co. said Thursday its first-half net profit jumped 40 percent from a year earlier to 32.41 billion yen, powered by the performance of Seven-Eleven Co. and other subsidiaries.
Japan Times
LIFE / Style & Design / COUNTER CULTURE
Oct 8, 2004

Boldly going where no bookstore has gone before

Foreigner-run enterprises rarely make much of an impact in Japan, but American publisher Lucas Badtke-Berkow is the proud owner of a small business with a big profile. Paper Sky, his bilingual travel magazine, currently in its 10th issue, has a readership of more than 45,000 and this summer it made the...
BASEBALL / Japanese Baseball
Oct 7, 2004

NPB begins hearings on Rakuten, Livedoor bids

The public hearing for the two companies that have applied for membership to Nippon Professional Baseball began Wednesday with the two sides presenting their business propositions before a panel of baseball executives.
BUSINESS
Oct 7, 2004

FSA targets UFJ over attempts to block inspections

The Financial Services Agency will file a criminal complaint against UFJ Bank and several former executives for allegedly violating the Banking Law by blocking FSA inspections, sources said Wednesday.

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat