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November 28, 2024
 

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BUSINESS
Nov 16, 2002

Fewer bankruptcies but high liabilities left behind

The number of corporate bankruptcies fell in October from a year earlier for the third straight month, but the amount of liabilities left by failed firms was at the second-highest level for October in the postwar period, credit research agency Teikoku Databank Ltd. said Friday.
COMMENTARY / World
Nov 15, 2002

Trade pact could trap ASEAN into state of irrelevance

HONOLULU -- Supporters of the ASEAN-China Free Trade Area (ACFTA) argue that numbers tell the story. And indeed, they do.
BUSINESS
Nov 15, 2002

Sharp to make solar systems in U.S.

OSAKA -- Sharp Corp. said Thursday it will start producing solar-power generation systems in the United States next spring, marking its first overseas production of the systems.
BUSINESS
Nov 14, 2002

MHI net balance returns to black

Mitsubishi Heavy Industries Ltd. said Wednesday its group net balance in the first half to Sept. 30 returned to the black, thanks mainly to a sizable decrease in latent losses on securities holdings.
Japan Times
JAPAN / AT THE JUNCTION
Nov 14, 2002

Ailing expressway entities' fate hangs in balance

A showdown looms between advocates of reform and vested interests.
COMMENTARY / World
Nov 14, 2002

SEC's post-Enron reforms pose challenge for Japanese multinationals

NEW YORK -- As if Japan's corporate sector didn't have problems with long-term economic deterioration and deflation, the stock market disaster and nonperforming loans, the U.S. Securities and Exchange Commission has added another headache. The issue at hand is the extent to which Japanese companies will...
BUSINESS
Nov 13, 2002

Yamato net profit jumps 16.7%

Yamato Transport Co. said Tuesday its group net profit in the first half rose 16.7 percent to 13.92 billion yen.
Japan Times
BUSINESS
Nov 13, 2002

Analysts skeptical over 'industrial revival body'

It might work. But probably not.
JAPAN
Nov 13, 2002

FTC orders four road firms to stop fixing contract bids

The Fair Trade Commission ordered four firms closely linked to Japan Highway Public Corp. on Tuesday to stop rigging bids for road maintenance work ordered by the corporation.
BASEBALL / MLB
Nov 13, 2002

Cabrera stealing Matsui's thunder so far

OSAKA -- Seibu Lions slugger Alex Cabrera tied the Japanese record for home runs in a single season, and next season, he thinks he'll reach No. 56.
BUSINESS
Nov 13, 2002

Diet panel to summon bank chiefs

A key Diet panel will summon the presidents of the nation's four major banking groups and the chiefs of banking industry bodies to testify on the bank shakeup plan devised by Financial Services Minister Heizo Takenaka, lawmakers said Tuesday.
BUSINESS
Nov 12, 2002

Nikon logs big group net loss in first half

Major optical equipment maker Nikon Corp. announced Monday it posted a group net loss of 3.48 billion yen for the first half of the business year due to the slump in the semiconductor market and restructuring costs.
Japan Times
BUSINESS
Nov 12, 2002

Mitsubishi reveals to media multiplatform Colt compact

Mitsubishi Motors Corp. unveiled Monday the new Colt compact as its first model using a platform jointly developed with German-American auto giant DaimlerChrysler AG.
CULTURE / Books / THE ASIAN BOOKSHELF
Nov 10, 2002

The mismeasure of Emperor Meiji

EMPEROR OF JAPAN: Meiji and His World 1852-1912, by Donald Keene. Columbia University Press: New York, 2002, 922 pp. + xiii + 18 pp. of illustrations, $39.50 (cloth) Like any great story, history prefers that its leading men (and women) have some sparkle, whether a foible (Henry VIII's marital tangles;...
Japan Times
JAPAN / WEEKEND WISDOM
Nov 10, 2002

Magazine muckrakes where major media won't make waves

The Asahi Shimbun's April 9, 1999, morning edition featured a front-page story by the monthly magazine Uwasa-no-shinso (The Truth Behind the Rumors) that sparked a scandal leading to the downfall of the then head of the Tokyo High Public Prosecutor's Office.
BUSINESS
Nov 9, 2002

DPJ drafts emergency economic package

The Democratic Party of Japan drafted an emergency economic package Friday that would let consumers deduct interest payments on mortgages, automobile loans and other loans from their taxable income.
EDITORIALS
Nov 9, 2002

Changing of the Beijing guard

China is set to have a new generation of younger leaders. The Chinese Communist Party will announce a sweeping reshuffle at a plenary session of the Central Committee following the 16th Party Congress, which opened Friday for a weeklong session. The National People's Congress next spring will also choose...
BUSINESS
Nov 9, 2002

IT slump bludgeons Itochu profit

Trading house Itochu Corp. said Friday its group net profit in the first half of the 2002 business year dropped 11.8 percent from a year earlier to 22.24 billion yen due to the slump in the domestic IT sector.
BUSINESS
Nov 9, 2002

KDDI sees group net profit jump 205.4% in first half

KDDI Corp. said Friday its group net profit for the business first half to Sept. 30 soared 205.4 percent from a year earlier to 20.45 billion yen.
BUSINESS
Nov 9, 2002

Shiokawa wants 'major cuts' in national capital gains tax

Finance Minister Masajuro Shiokawa said Friday the capital gains tax should be significantly reduced -- although not to zero, because that would cause problems for the tax system.
Japan Times
JAPAN
Nov 9, 2002

Price is right for 'carbon fund' investments now

It would be wise for Japanese firms to invest in so-called carbon funds soon so they can meet greenhouse gas emissions targets more cheaply and on schedule, according to Ken Newcombe, manager of one such fund run by the World Bank.
BUSINESS
Nov 8, 2002

Yamada Denki logs strong earnings

Yamada Denki Co., a mass retailer of discount home appliances, on Thursday reported strong parent-only earnings for the first half of the 2002 business year, citing brisk sales and a larger operating profit.
Japan Times
BUSINESS
Nov 8, 2002

DoCoMo group profit plummets

NTT DoCoMo Inc. said Thursday its group net profit for the fiscal half plummeted 95.3 percent year-on-year to 4.17 billion yen, due to hefty appraisal losses on its overseas investments.
BUSINESS
Nov 8, 2002

Daiichi Pharmaceutical sees decline

Daiichi Pharmaceutical Co. on Thursday reported a decline in earnings for the first half through Sept. 30, blaming slack sales of its main products and tougher competition in the pharmaceutical market.
BUSINESS
Nov 7, 2002

World Bank slightly more upbeat about East Asia

East Asia is expected to stage a stronger economic rebound in 2002 than was anticipated six months ago, the World Bank said Wednesday. However, the Washington-based institution remained cautious about whether the recovery, based on brisk exports, will be sustained.
BUSINESS
Nov 7, 2002

Shiseido turns net profit of 9.87 billion yen

Shiseido Co., Japan's biggest cosmetics maker, said Wednesday it swung back into the black in the first half of fiscal 2002 due mainly to cost-cutting efforts and a reduction in inventories in its cosmetic and toiletries business.
BUSINESS
Nov 7, 2002

Sumitomo Forestry eyes Dominance

Sumitomo Forestry Co. said Wednesday its two subsidiaries in Australia will acquire Dominance Industries Pty Ltd., a fiberboard manufacturer in Australia.
BUSINESS
Nov 7, 2002

Overseas jobless rates 'intolerable'

Hiroshi Okuda, chairman of the Japan Business Federation (Nippon Keidanren), said Wednesday that Japanese people cannot tolerate unemployment levels as high as those in other nations.
EDITORIALS
Nov 7, 2002

Report lacks post-reform visions

'N o Reform, No Growth: Part Two" is the title of the government's economic and fiscal report released Tuesday. A sequel to last year's report with the same title, this year's adds up to a reaffirmation of Prime Minister Junichiro Koizumi's structural reform agenda. That is encouraging, yet people are...
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.
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.
Suspected arson in Sapporo leaves four injured
Firetrucks outside a building in Sapporo where an explosion left four people injured on Tuesday.
Trump pledges 25% tariffs on Canada and Mexico, and more levies on China
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19. Trump on Monday threatened to slap China, Mexico and Canada with hefty tariffs upon his return to the White House.
False report on Yasukuni Shrine visit 'extremely regrettable,' top spokesperson says
Chief Cabinet Secretary Yoshimasa Hayashi during a news conference in Tokyo 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.
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.
An iconic 32-foot doughnut might give Randy’s an edge in Japan
Randy's Donuts in Inglewood, California. Replicas of the giant doughnut sculpture will be installed, where possible, at shops in Japan.

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