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November 23, 2024
 

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Japan Times
JAPAN
Aug 8, 2002

Cities waging a new kind of bidding war

With Japan's public works projects having long been tainted by bid-rigging and bribery, the city of Yokosuka in Kanagawa Prefecture is taking an aggressive approach toward curbing such corruption.
JAPAN
Dec 24, 2001

Tax-evasion case reveals connivery behind Kepco's nuclear plant quest

KYOTO -- A recent ruling handed down by the Yokohama District Court on a tax evasion case details for the first time the methods employed by major power companies to circumvent national land laws and stymie local opposition to nuclear power plants.
BUSINESS
Nov 7, 2001

Bank bosses to testify about FSA lending pressure

The House of Representatives Committee on Financial Affairs will summon two bank presidents to give unsworn testimony on reports that a top Financial Services Agency official pressured the banks to favor specific borrowers, officials said Tuesday.
COMMENTARY / World
Jul 28, 2001

Malnutrition plagues Tibet's children

NEW YORK -- Recent studies on children's health in Tibet reveal that almost half of them suffer from malnutrition. As a result, they suffer from stunted growth and their mental development has potentially been damaged.
BUSINESS
Jun 1, 2001

Former Nippon Credit Bank returns to black after three years

Aozora Bank, the reincarnation of Nippon Credit Bank, returned to profitability in fiscal 2000 for the first time in three years with group pretax profits of 99.1 billion yen -- a sharp upturn from the 112.6 billion yen loss the previous year.
BUSINESS
Dec 2, 2000

NCB sees two key balances move back into the black

Releasing its first financial results since its sale on Sept. 1 to an investment consortium led by Softbank Corp., Nippon Credit Bank said Friday its operating and pretax balances moved back into the black in the first half of fiscal 2000.
JAPAN
Sep 21, 2000

NCB's Honma dies 16 days after bank's rebirth

Nippon Credit Bank President Tadayo Honma passed away Wednesday morning of heart failure. He was 60.
BUSINESS
Sep 15, 2000

Public funds approved for NCB infusion

The Financial Reconstruction Commission approved Thursday a capital injection of 260 billion yen in public funds into Nippon Credit Bank, which resumed operations this month after 21 months under government control.
BUSINESS
Sep 8, 2000

FRC approves banks' plan to set up Mizuho Holdings

The Financial Reconstruction Commission approved a plan Thursday by Fuji Bank, Dai-Ichi Kangyo Bank and the Industrial Bank of Japan to set up a holding company as well as a plan by a Sakura Bank-led consortium to form an Internet bank.
BUSINESS
Sep 5, 2000

NCB not afraid to ask state to buy loans: execs

Nippon Credit Bank will not hesitate to ask the government to buy back loss-incurring loans if necessary, top executives said Monday, as the newly privatized bank began its first day of operations.
BUSINESS
Aug 1, 2000

Shinsei reports billions spent on consultants

Shinsei Bank, formerly the nationalized Long-Term Credit Bank of Japan, concluded contracts worth about 5.7 billion yen with three consulting firms, two of which are headed by two Shinsei board directors, the bank said Monday.
JAPAN
Jul 1, 2000

DIC purchases 198 billion yen of Sogo's loans from Shinsei

The state-run Deposit Insurance Corp. announced Friday it will buy 197.6 billion yen of Shinsei Bank's outstanding loans to troubled department store chain Sogo Co. and waive 97 billion yen of that amount.
EDITORIALS
Jun 28, 2000

The finest map in the world

Rival researchers this week announced that they had completed a draft model of the human genome -- the blueprint of the human being. The breakthrough was hailed as "a milestone in science," a "revolution in medical science" and "the most important, most wondrous map ever produced by humankind." For once,...
JAPAN
Jun 25, 2000

DIC to buy, waive loans from Shinsei to Sogo Co.

The state-run Deposit Insurance Corp. will buy loans from Shinsei Bank to Sogo Co. and then waive a substantial portion of them to help rehabilitate the struggling department store operator, DIC sources said Saturday.
BUSINESS
Jun 24, 2000

Debt waiver for Sogo 'possible,' DIC says

The head of the semigovernmental Deposit Insurance Corp. on Friday described the proposed partial forgiveness by the DIC of loans owed by the Sogo Co. department store chain to Shinsei Bank as a "possible option."
BUSINESS
Jun 6, 2000

Failed LTCB reopens itself as Shinsei Bank

The Long-Term Credit Bank of Japan relaunched itself as Shinsei Bank on Monday, about 19 months after it collapsed and was placed under state control.
BUSINESS
May 20, 2000

Satellite TV option possible, but NTV denies tieup rumor

said Friday that it is considering establishing a planning company to enter the digital broadcasting business using an advanced communications satellite. The company, however, denied media reports that the new business will be centered on an alliance with Japan Satellite Broadcasting Inc. (Wowow).
BUSINESS
May 11, 2000

Honda to improve safety with multiple crash tests

Honda Motor Co. will improve the safety of its cars through realistic crash tests involving multiple cars colliding at various angles, Hiroyuki Yoshino, president of the major Japanese automaker, said Wednesday.
COMMENTARY / World
Jan 23, 2000

Japan's 'railway diplomacy' rolls forward

Plans for a Japanese consortium to construct a shinkansen link between Taiwan's two biggest cities will showcase Tokyo's technology and "railway diplomacy." Both have been running virtually nonstop and on schedule since 1872, when the first line connecting Tokyo's Shimbashi station to Yokohama opened....
JAPAN
Dec 13, 1999

KEDO agrees to start work on Pyongyang reactor

A multilateral consortium charged with providing North Korea with two nuclear power reactors decided Monday to proceed with the construction work, paving the way for a deal to be signed with the main contractor Wednesday. The executive board of the Korean Peninsula Energy Development Organization agreed...
JAPAN
Jul 22, 1998

'Internet cash' trial set for launch in September

In the latest development in Internet commerce, a cyberbusiness consortium will soon make available virtual cash that is transferable between individual consumers.
JAPAN
Mar 31, 1998

Japan to aid Karen refugees in Thai camps

In a move that threatens to displease Myanmar's military regime, Japan will provide between 5 million yen and 10 million yen in grant-in-aid to help relieve the suffering of Karen refugees in Thailand, Foreign Ministry sources said March 31.
JAPAN
Mar 24, 1998

Number of mobile computer users ready to rise

In the 2000 business year, the number of users of mobile computers in Japan , excluding voice-service users, will be 20 times what it is in the current business year and is likely to total 13.63 million people, an industry group reported Tuesday.
Japan Times
Special Supplements / Hiroshima G7 Summit Special
May 19, 2023

Diversification fueled through ‘education of conscience’

In 1864, when the isolationist foreign policy of the Tokugawa shogunate was still in effect, Jo Niijima, a 21-year-old son of a samurai, left Japan for the United States, risking capital punishment. For Niijima, it was an adventurous quest to seek a land where greater equality, freedom and human rights...
Japan Times
Special Supplements / Hiroshima G7 Summit Special
May 19, 2023

Collaborative research efforts pave way for peace-based educational outlook

Hiroshima University was founded in 1949 in the first city in the world to suffer an atomic bombing. In the spirit of pursuing peace, HU’s mission is to contribute to the well-being of humankind by realizing a free and peaceful international society.
Japan Times
BUSINESS
May 12, 2023

Toshiba posts 35% decline in full-year net profit

The firm has said a planned takeover bid that is expected to take the company private will likely start in late July.
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

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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