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November 28, 2024
 

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BUSINESS
May 17, 2003

Kenwood effects dramatic comeback

Kenwood Corp. said Friday that it chalked up its first return to profitability in four years and a record group net profit.
BUSINESS
May 17, 2003

Fuji Heavy's profit tumbles 23.7%

Fuji Heavy Industries Ltd., maker of Subaru vehicles, reported Friday a consolidated operating profit of 67.52 billion yen for the year through March 31, down 23.7 percent from fiscal 2001.
BUSINESS
May 16, 2003

Corporate bankruptcies slide for fourth month

Corporate bankruptcies fell 7.7 percent in April from a year earlier to 1,514, down for the fourth consecutive month, Teikoku Databank Ltd. said Thursday.
BUSINESS
May 16, 2003

J-Pop helps Columbia Music out of seven years of red ink

Columbia Music Entertainment Inc., reviving itself under Ripplewood Holdings LLC, reported Thursday its first profit in seven years on a group operating basis.
BUSINESS
May 16, 2003

Mizuho action won't affect ratings

Standard & Poor's said Thursday that Mizuho Financial Group Inc.'s new corporate revitalization project will improve the soundness of the group's loan portfolio but will not trigger any immediate ratings action on its subsidiary banks.
Japan Times
BUSINESS
May 16, 2003

LDP ready to aid life insurers

The ruling coalition is ready to endorse a controversial draft bill that would allow troubled life insurance companies to reduce payouts promised to policyholders, the Liberal Democratic Party said Thursday.
BUSINESS
May 16, 2003

Nissho Iwai, Nichimen report net losses

Trading houses Nissho Iwai Corp. and Nichimen Corp., which integrated their management under a holding company April 1, reported Thursday sizable group net losses for fiscal 2002.
EDITORIALS
May 15, 2003

Deflation helps generate profits

Toyota Motor Corp. and Nissan Motor Co., two of Japan's leading manufacturing companies, chalked up record profits in the business year that ended March 31. Other major firms, including Honda Motor Co., also made their best showings in spite of falling prices. These results indicate that deflation is...
BUSINESS
May 15, 2003

Mizuho eyes borrower-revival units

Mizuho Financial Group Inc. said Wednesday it will form five financial affiliates specializing in reviving feeble corporate borrowers.
BASKETBALL / NBA / NBA REPORT
May 15, 2003

Perspective often a casualty after a big win or loss

LOS ANGELES -- Experience testifies it's not a particularly good idea to get bent out of shape by either alarming defeats or elating victories.
Japan Times
BUSINESS
May 15, 2003

Fast Retailing opens first food outlet

Fast Retailing Co., known for its Uniqlo brand of casual clothing, opened on Wednesday its first food outlet.
BUSINESS
May 15, 2003

Mitsubishi group net profit up 3%

Mitsubishi Corp.'s group net profit in fiscal 2002 rose 3.2 percent from the previous year thanks to strong results at its food and metal resources affiliates.
BUSINESS
May 15, 2003

MHI saw profit rise 30% in 2002

Mitsubishi Heavy Industries Ltd. said Wednesday that its group net profit jumped 29.8 percent in fiscal 2002 to 34.33 billion yen.
BUSINESS
May 15, 2003

Takenaka told to settle with ruling bloc on yield cuts

Prime Minister Junichiro Koizumi said Wednesday he has told Financial Services Minister Heizo Takenaka to try to resolve differences within the ruling bloc over whether to allow life insurers to cut yields guaranteed to policyholders.
Japan Times
LIFE / Travel / THEN AND NOW
May 15, 2003

Where the Tokaido left the town

Eastern Shinagawa, on the western side of central Tokyo, is fast being transformed from a decaying industrial area of warehouses and rail marshalling yards into a modern business hub. One step beyond the forests of shining new high rises, however, the area's history as an Edo Period post-station town...
BUSINESS
May 14, 2003

Nichirei sees net profit rise 28.4%

Nichirei Corp. said Tuesday its group net profit in fiscal 2002 rose 28.4 percent from the previous year, thanks to the strong performance of its processed food and food wholesale divisions.
EDITORIALS
May 14, 2003

A landmark trade deal for Asia

The United States and Singapore last week concluded a free-trade agreement, the first ever between the U.S. and an Asian nation. The deal has political and economic significance, and holds out both promise and peril. While the FTA reaffirms the U.S. commitment to Asia, it could also constitute a threat...
COMMENTARY / World
May 14, 2003

Higher oil prices need not doom a nation to inflation

UBUD, Indonesia -- With high and volatile oil prices, it appears that a rough road is ahead for those countries with currencies that have become weaker relative to the U.S. dollar. Perhaps one of the biggest concerns is that Taiwan, as an importer of oil, may face a new wave of inflationary pressures...
BUSINESS
May 13, 2003

IC tags may displace book bar codes

Publishers and bookstores are considering replacing bar codes on books with ultra-thin integrated circuits combined with flat antennas, called IC tags, to prevent shoplifting and facilitate market research.
BUSINESS
May 13, 2003

Financial panel agrees on need to help insurers

A government advisory panel on financial affairs agreed Monday on the need to aid troubled life insurers but was divided over a plan to allow them to cut yields guaranteed to policyholders.
BUSINESS
May 13, 2003

Olympus posts record earnings

Olympus Optical Co. reported Monday record-high sales and profits on a consolidated basis for fiscal 2002, driven by its popular digital cameras and steady growth in medical equipment sales.
Japan Times
BUSINESS
May 13, 2003

Fingerprint IDs touted as leading security option

Have you ever forgotten your PIN number when attempting to withdraw cash from a bank ATM? If so, you are a target user for fingerprint identification systems.
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
May 13, 2003

Off-the-wall fiction feeds weird ideas about Japan

If you review novels set in Asia, as this writer does, it follows that you read a lot of books. To call some of them "terrible" may be putting it kindly.
BASKETBALL / NBA / NBA REPORT
May 12, 2003

Jordan has nothing to complain about

LOS ANGELES -- This is all you need to know about Michael Jordan's latest career move: Nixon left Washington with more credibility.
COMMENTARY / WASHINGTON UPDATE
May 12, 2003

Flush with victory in Iraq, Bush sets his sights on defending the White House in 2004

WASHINGTON -- President George W. Bush last week became the first American president since Franklin D. Roosevelt to declare victory in a foreign war. FDR named May 8, 1945, V-E Day for victory in Europe, and Aug. 14, 1945, V-J Day for victory over Japan. Bush proclaimed May 1, 2003, V-I Day, in grand...
SUMO
May 12, 2003

Asashoryu cruises in opener

Yokozuna Asashoryu got down to business with a convincing win over komusubi Tosanoumi but ozeki Musoyama and Kaio fell victims to first-day losses at the Summer Grand Sumo Tournament on Sunday.
JAPAN / Media / MEDIA MIX
May 11, 2003

Bailing the banks while letting the debtors die

Reportedly, the Health, Labor and Welfare Ministry has decided to address suicide, which has becomes something of an epidemic over the past decade as the economy continues its skid into the void.
BUSINESS
May 10, 2003

ANA to give up some airport space

All Nippon Airways Co. plans to return part of its rented office space at Kansai International Airport to the airport operator by the end of October, according to informed sources.
BUSINESS
May 10, 2003

Malfunction sends Japan Net Bank offline

A computer malfunction shut down Japan Net Bank's online deals for 22 hours through Friday afternoon, the company said.
Funeral held for Princess Yuriko at Tokyo cemetery
Crown Prince Akishino and Crown Princess Kiko, followed by Princess Aiko and Princess Kako, prepare to attend a funeral service for Princess Yuriko at Toshimagaoka Cemetery in Tokyo on Tuesday.
Trump team weighs direct talks with North Korea's Kim
Then-U.S. President Donald Trump meets with North Korean leader Kim Jong Un at the Demilitarized Zone separating the two Koreas, in Panmunjom, South Korea, in June 2019.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
Israel-Hezbollah cease-fire, brokered by U.S. and France, takes effect
People near Martyrs Square in Beirut watch as Israeli Prime Minister Benjamin Netanyahu announces a cease-fire on television on Tuesday.
Suspected arson in Sapporo leaves four injured
Firetrucks outside a building in Sapporo where an explosion left four people injured on Tuesday.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
China defense minister being investigated for corruption, report says
Chinese Defense Minister Dong Jun attends the opening ceremony of the Xiangshan Forum at the Beijing International Convention Center on Sept. 13. Dong is the third consecutive incumbent or former defense chief to be probed over alleged corruption.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.
Are you leaving your loved ones digital legacies or headaches?
The National Consumer Affairs Center reports a growing number of consultations regarding "digital legacies" — data and online services left behind when people die.
Rayssa Leal and Chloe Covell on Japan’s teen skaters: We are friends, not rivals
Brazil’s Rayssa Leal celebrates after winning the women's Street League Skateboarding competition on Saturday in Tokyo.

Podcast

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

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
By Greg Dvorak

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