Search - business

 
 
BUSINESS
Feb 19, 2003

Desperate firms offer shareholders incentives

The number of companies offering shareholders special benefits, including compact discs and gold coins, has been increasing and now stands at three times the figure a decade ago.
BUSINESS
Feb 19, 2003

Showa Shell profits increase

Showa Shell Sekiyu K.K. chalked up a consolidated net profit of 18.67 billion yen in the business year that ended in December, up sharply from the previous year's 2.61 billion yen.
Japan Times
JAPAN
Feb 19, 2003

Tokyo Sowa execs guilty of fraud

Five former executives of bankrupt Tokyo Sowa Bank were found guilty Tuesday of falsely making it appear the bank had adequate capital reserves through a bogus capital increase scheme worth 18.9 billion yen.
JAPAN
Feb 19, 2003

Businesses told of fossil fuel tax plan

Environment Minister Shunichi Suzuki on Tuesday officially told the Japan Business Federation (Nippon Keidanren) of the ministry's plans to introduce a tax on fossil fuels that generate greenhouse gases.
BUSINESS
Feb 18, 2003

U.S. firm to buy up Nippon Conlux

Mars Inc., a leading U.S. maker of automated payment systems for vending machines, will buy all the shares of Nippon Conlux Co., a major Japanese producer of coin mechanisms and note validators, through a tender offer from Tuesday to March 13, company officials said Monday.
Japan Times
BUSINESS
Feb 18, 2003

Cigar maker hopes to light up Japanese market

Altadis, the world's leading cigar maker, is set to increase its share in the small but fast-growing Japanese market by primarily targeting fashion-conscious young professionals, according to the firm's Asia-Pacific sales manager.
COMMENTARY
Feb 17, 2003

Poverty fuels Afghanistan's drug trade

ISLAMABAD -- The recent crackdown on opium producers by Afghan officials, resulting in the arrest of more than 100 poppy farmers in eastern Afghanistan, promises only to intensify global concerns about the central Asian country becoming the world's largest source of raw material for heroin.
COMMENTARY
Feb 17, 2003

Fears of 'anti-Americanism' overblown

MANILA -- In 1996 Samuel Huntington published his epochal work "The Clash of Civilizations and the Remaking of World Order." In it, he argues that, since the demise of the Cold War, cultural divides have become the focal points of international conflicts. Judging from recent editorials in American and...
BUSINESS
Feb 17, 2003

Sumitomo Mitsui will issue 250 billion yen in shares

In an effort to boost its capital, Sumitomo Mitsui Financial Group Inc. will issue an additional 250 billion yen in shares by the end of March, it was learned Sunday.
COMMENTARY / World
Feb 16, 2003

Profits perpetuate horrors of child labor

MADRAS, India -- There is Dickensian distress in India, where child labor persists despite a law and a court order. Fifteen million children below 14 continue to work in the most horrific of conditions in blatant violation of the Indian Supreme Court ruling, which had called for the enforcement of the...
CULTURE / TV & Streaming / CHANNEL SURF
Feb 16, 2003

Notes from the front

To celebrate the 35th anniversary of the establishment of Hokkaido Television, Asahi TV will present a special installment in its Human Vision series of social-historical video documentaries. "Kiri no Nikki: Aryushan kara no Dengon (Diary in the Fog: A Message from the Aleutians)" (Feb. 16 at 2 p.m.)...
COMMENTARY / World
Feb 16, 2003

Democracy in Myanmar going nowhere

Myanmar has no formal greeting words. A surprise? But we have variations that are more practical to our lives, depending on the time and circumstances. If you meet someone along the way, the most common words are: Where do you come from? Where are you going? Or, how are your father's, mother's or your...
Japan Times
COMMUNITY
Feb 16, 2003

When you need a hand ...

Married with two children, 46-year-old Kumiko Mashima thinks her life is just about perfect. She met her loving husband through an omiai -- a formal introduction arranged by a go-between with a view to marriage -- and they both adore their daughters. But before she found her way into her husband's arms,...
BUSINESS
Feb 15, 2003

No decision yet on insurer yield cuts

The government has made no final decision on whether to allow financially troubled life insurers to cut the yields they have guaranteed to policyholders, Chief Cabinet Secretary Yasuo Fukuda said Friday .
BUSINESS
Feb 15, 2003

WTO farming plans trigger huge Tokyo protest

More than 2,000 representatives of farm groups from Japan and nine other countries demonstrated Friday in Tokyo against plans for a substantial reduction in agricultural tariffs.
JAPAN
Feb 15, 2003

LDP may field DPJ member in Kanagawa governor race

The Liberal Democratic Party is reportedly considering an unusual tactic for the Kanagawa gubernatorial election in April -- fielding a current Diet member of the Democratic Party of Japan.
Japan Times
COMMUNITY
Feb 15, 2003

Local boy with a liking for the finer things in life

Living in Prime Minister Junichiro Koizumi's "furusato" (hometown), it seems likely that Hisataka (Issa) Koizumi is related.
COMMUNITY / Our Lives / JAPAN LITE
Feb 15, 2003

'Yaido': the deep art of beheading people

Have you ever had the urge to behead someone? Now you can. Behead as many people as you like, and additionally slice off their limbs. But there are some restrictions: only between the hours of 7 and 9 on Tuesday nights at a particular dojo in the city of Okayama. Ueno-sensei would be your teacher --...
BUSINESS
Feb 15, 2003

Japanese unit of McDonald's logs huge loss

Ltd. said Friday it posted a group net loss of 2.34 billion yen for the business year through December, sinking into the red for the first time in nearly three decades under the heavy cost of store closures. The firm also said outlet openings will be reduced to 75 from 117 in 2002, leading to the first-ever...
JAPAN
Feb 14, 2003

Future of Kansai airports mulled in big meeting

OSAKA -- Local government and business leaders in the Kansai region met Thursday with senior transport ministry officials to discuss the future of the area's three airports.
BUSINESS
Feb 13, 2003

FTC questions Saturday ATM fees

The Fair Trade Commission will look into recent decisions by major commercial banks to impose fees for Saturday transactions at automated teller machines.
BUSINESS
Feb 13, 2003

JT sees tobacco sales slide 4.9%

Japan Tobacco Inc. said Wednesday it sold 60 billion cigarettes nationwide during the quarter that ended Dec. 31, down 4.9 percent from a year earlier. The company attributed the decline to:
JAPAN
Feb 12, 2003

METI aims to help sick firms beat bankruptcy

Changes to business regulations and special tax breaks will be considered to help ailing companies avoid bankruptcy and get back on their feet, according to government draft guidelines released Tuesday.
Japan Times
CULTURE / Art / NEW ART SEEN
Feb 12, 2003

Bright white, big city

Something interesting I recently learned about anatomy: There are 26 bones in the human foot, and if you break just one of them, your entire leg is basically useless.
BUSINESS / ON MANAGEMENT
Feb 11, 2003

Fatal Distraction: There's no such thing as a 'safe' investment, when it comes to a micromanaging CEO

A news story the other day included a list of a certain CEO's business activities, all on top of his "day" job: part-owner of a golf course, a hunt club and a new marina, each in a different part of the country; silent partner in his son's startup venture; prime mover behind a regional ski resort development;...
BUSINESS
Feb 11, 2003

Aeon unit sells bedclothes subsidiary

Supermarket chain Aeon Co. said Monday its U.S. arm, Aeon (U.S.A.) Inc., has sold to a Mexican firm all shares in a wholly owned subsidiary that makes bedclothes and other bedding items.
EDITORIALS
Feb 9, 2003

Newer, smarter sentinels

There is no new thing under the sun, said the quotable author of Ecclesiastes a few thousand years ago. Won over by its pith and poetry, we have always regarded that statement as self-evidently true. Lately, though, we have begun to wonder if the exact opposite isn't the case. Sometimes it seems as if...
COMMUNITY
Feb 9, 2003

How green is your green?

What a difference a decade makes.

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