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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.
BUSINESS
Aug 23, 2003

Toyota declares most income for the fourth straight year

Toyota Motor Corp. has retained its spot as the biggest declared income earner in Japan for the fourth straight year, a private research firm said Friday.
BUSINESS
Aug 21, 2003

Digital cameras claim ever bigger chunk of market

Yet another tidal wave of digitization has swept Japan's camera sector, forcing makers of conventional products to compete for a share of the burgeoning new market.
BUSINESS
Aug 21, 2003

Digital cameras' prevalence a wake-up call for Fuji exec

Film executive Kazuo Nakamura realized how pervasive digital cameras had become when he attended a young colleague's wedding in March and found that roughly one out of the 10 people in attendance who were taking pictures were doing so with mobile phones, not with conventional cameras.
BUSINESS
Aug 21, 2003

Calpis inks Taiwan drinks deal

Lactic drinks maker Calpis Co. said Wednesday it has signed a business alliance with Uni-President Enterprises Corp. of Taiwan.
Japan Times
CULTURE / Stage
Aug 20, 2003

Noda gives Kabukiza a 'Mouse' that roars

A modern legend is back at the 114-year-old Kabukiza this summer in the diminutive form of Hideki Noda, one of the titans of Japanese contemporary theater.
BUSINESS
Aug 20, 2003

Travel agencies to cash in on China visa waiver

Major travel agencies are coming up with package tours designed to take advantage of China's decision to remove visa requirements for short-term visits by Japanese starting Sept. 1, industry officials said Tuesday.
Japan Times
BUSINESS / FRONT-RUNNERS
Aug 19, 2003

Residents wake up to transparent need for security

Japanese used to say water and security are free, but with the rise in home burglaries, one of those commodities is no longer a given.
BUSINESS
Aug 19, 2003

Bad-loan disposal costs still higher than profits

Bad-loan disposal costs at the nation's banks totaled 6.6 trillion yen in fiscal 2002, exceeding banks' core operating profits for the 10th straight year, the Bank of Japan said Monday in a report.
COMMENTARY / THE VIEW FROM MOSCOW
Aug 17, 2003

Black widows striking back

MOSCOW -- Animalistic labels stick to terror. Adolf Hitler's commandos were called werewolves; terrorist cells in Turkey in the 1970s, gray wolves; now the Russian media have christened Chechen female suicide bombers black widows.
COMMENTARY / World
Aug 16, 2003

Enronization of the Bush administration

WASHINGTON -- President George W. Bush has become the new Kenneth Lay. As chief executive officer of the former juggernaut Enron Corp., Lay presided over a network of deception and malfeasance that led to one of the greatest investor ripoffs in U.S. corporate history. Enron inflated reported income and...
Japan Times
BUSINESS
Aug 16, 2003

IC tags could bring fresher food

The farm ministry plans to test a computer system that uses integrated circuit shipping tags as a means of improving the distribution of perishable foods, ministry officials said Friday.
EDITORIALS
Aug 15, 2003

Ambiguous signs of economic change

At first glance, Japan's latest GDP figures look impressive. In the second quarter of this year, April through June, the gross domestic product in real terms, excluding the effects of price change, expanded 0.6 percent from the previous quarter for an annualized rate of 2.3 percent. Thus the economy...
BUSINESS
Aug 15, 2003

Asian Bond Fund not just a pipe dream

There's little hype. Certainly no fanfare. But quietly and with infinite patience, Asia's economies are hoping to bond together.
BUSINESS
Aug 14, 2003

OMC Card loses customers' letters

OMC Card Inc., a consumer credit firm affiliated with retailer Daiei Inc., said Wednesday it has lost 126 letters from customers containing personal data, including credit card numbers, addresses and phone numbers.
Japan Times
BUSINESS
Aug 14, 2003

Looking for a SARS-free holiday option? Try Alaska

More vacationers are heading for domestic destinations and fewer venturing overseas, in part due to the lingering impact of SARS and a slumping economy.
CULTURE / Books / THE ASIAN BOOKSHELF
Aug 10, 2003

Pulling away the curtains from the 'Princes of the Yen'

PRINCES OF YEN: Central Bankers and the Transformation of the Economy, by Richard A. Werner. London: M.E. Sharpe, 2003, 362 pp., $27.95, (paper). Richard A. Werner has written a rare book. "The Princes of the Yen" is a scholarly, thoroughly researched treatise on economics that reads like a detective...
BUSINESS
Aug 9, 2003

McDonald's cuts annual forecast

Struggling restaurant chain McDonald's Holdings Co. (Japan) on Friday cut its full-year earnings forecast by about 50 percent due to weak sales during the first half of the year.
BUSINESS
Aug 9, 2003

Softbank logs 34.73 billion yen loss in first quarter

Internet-related business investor Softbank Corp. said Friday it incurred a group net loss of 34.73 billion yen in the first quarter of fiscal 2003.
BUSINESS
Aug 8, 2003

METI OKs daily's turnaround plan

A rehabilitation plan filed by the Nikkan Kogyo Shimbun business daily was approved Thursday by the Ministry of Economy, Trade and Industry.
Japan Times
BUSINESS
Aug 6, 2003

Yoyogi Post Office now sells Lawson goods

Postal Lawson, Japan's first convenience store outlet inside a post office, opened Tuesday at the Yoyogi Post Office in Tokyo's Shibuya district.
Japan Times
BUSINESS
Aug 6, 2003

Flash memory card formats vie for prominence

Not quite a VHS vs. Betamax sequel. But again, two consumer electronics giants find themselves in opposing camps in a format battle as they crank up production of removable flash memory cards.
BUSINESS
Aug 5, 2003

Takefuji sanctions negligible: S&P

Standard & Poor's said Monday that the Finance Ministry's administrative sanctions on Takefuji Corp. will have only a slight impact on the firm's ratings.
JAPAN
Aug 3, 2003

Questions raised as Japan steams ahead on China bullet train

The race to win the contract for the high-speed rail link between the Chinese cities of Beijing and Shanghai has entered the home stretch, with Japan ready to pull out all the stops to beat its German and French rivals.
BUSINESS
Aug 2, 2003

Main street land values fall again

The average price of land on main streets in Japan stood at 121,000 yen per sq. meter as of Jan. 1, down 6.2 percent, or 8,000 yen, from 12 months earlier, the National Tax Agency said Friday.
JAPAN
Aug 2, 2003

EBook market hit 1 billion yen in '02

The Japanese market for eBooks soared to 1 billion yen in 2002, according to a recent market survey conducted by publishing house Impress Corp.

Longform

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