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November 27, 2024
 

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BUSINESS
Apr 13, 2002

Analysts give little credit to financial regulators

The nation's 13 largest banks are saying they expect to slide further into the red for the 2001 business year, booking 7.8 trillion yen in credit costs for risky loans -- up 21 percent from November projections.
JAPAN
Apr 13, 2002

Hankyu to pull plug on its parks

OSAKA -- Citing huge losses in customers and revenues due to the opening of Universal Studios Japan in Osaka, Hankyu Corp. will pull out of the theme park business, closing its two affiliated parks over the next year.
JAPAN
Apr 13, 2002

Nogami advising staff on Mideast despite demotion

Former Vice Foreign Minister Yoshiji Nogami is advising employees at the ministry on Middle East affairs, despite his demotion to the ministry's secretariat, Foreign Minister Yoriko Kawaguchi said Friday.
BUSINESS
Apr 13, 2002

BOJ's economic view less bleak than before

The Bank of Japan on Friday released an economic assessment that for the second consecutive month was slightly less bleak, saying moderate deterioration will continue for "quite a while."
BUSINESS
Apr 12, 2002

Negotiations on Narita user fees end in failure

Two days of negotiations between airlines and the Narita Airport Authority over user charges ended in a stalemate Wednesday, with little hope left for any deals before the current five-year agreement expires April 18.
BUSINESS
Apr 12, 2002

Mazda drives up earnings estimates

Mazda Motor Corp. said Thursday it has upwardly revised its fiscal 2001 earnings estimates, thanks to the favorable impact of cost-cutting efforts and a weakened yen.
BUSINESS
Apr 11, 2002

Asahi Kasei, Teijin pen fiber deal

Chemical firm Asahi Kasei Corp. and textile manufacturer Teijin Ltd. said Wednesday they have signed an agreement to set up a fiber joint venture next month.
Japan Times
ENVIRONMENT / OUR PLANET EARTH
Apr 11, 2002

NGOs and odd bedfellows point the way

Back in the 1960s, plastics were the future. As a result, a significant part of that future will be spent cleaning up after the past. So here is a tip for those of you making plans to help save the Earth: Consider a career in environmental economics. And if you're already working as an environmentalist,...
BUSINESS
Apr 11, 2002

BOJ panel likely to leave monetary policy intact

The BOJ Policy Board began a two-day meeting Wednesday amid new signs the nation's long-suffering economy is bottoming out.
BUSINESS
Apr 11, 2002

Ito-Yokado to sell Daikuma stake

The Ito-Yokado retail group has agreed to sell its entire equity stake in Daikuma Co. to Yamada Denki Co. and Nomura Principal Finance Co., the ailing retailer announced Wednesday.
LIFE / Digital
Apr 11, 2002

End the wait, get really connected

The waiting is over, at least for Internet users tired of herky-jerky Web video, all-night downloads, and pay-by-the-minute dialup access. Broadband has arrived in Japan, and in cities like Tokyo and Osaka we probably enjoy the best, least expensive high-speed Internet access in the world.
SOCCER / World cup
Apr 10, 2002

Hooliganism won't disappear without a fight

Hooliganism won't disappear without a fight
Japan Times
JAPAN
Apr 10, 2002

Africa aid forum searches for solutions

In an attempt to find solutions to Africa's persistent poverty and low economic growth, regional leaders and experts recently met in Tokyo to discuss ways to remedy the continent of its problematic governments.
BUSINESS
Apr 10, 2002

Koizumi gives up on lifting legal ban on post privatization

Prime Minister Junichiro Koizumi has given up on eliminating a legal clause banning the privatization of the new public corporation slated to take over the government-run postal services in 2003, posts minister Toranosuke Katayama said Tuesday.
BUSINESS / ON THE FRONT LINE
Apr 10, 2002

Investor focus shifts to corporate prospects

The Tokyo stock market is shifting attention to corporate earnings projections to be made public shortly.
BUSINESS
Apr 10, 2002

Daiwa Bank, Asahi Bank in talks to merge by autumn 2003

OSAKA -- Daiwa Bank and Asahi Bank are in talks to merge by fall 2003, following their business integration in March under Daiwa Bank Holdings Inc., bank sources said Tuesday.
BUSINESS
Apr 9, 2002

Mitsubishi Tokyo Group projects 145 billion yen loss

Mitsubishi Tokyo Financial Group, the nation's third-largest banking group, is projecting a 145 billion yen consolidated net loss for the 2001 business year, hit by larger-than-expected credit costs and share price falls.
Japan Times
SOCCER / J. League / SPORTS SCOPE
Apr 9, 2002

J. League to help newcomers and retirees

The J. League this season has launched two new projects. The first is to help players look for a job when they retire from the game. The second is the J. League Academy -- a developing program for players aged five to 21.
BUSINESS
Apr 9, 2002

Machinery orders grow 10.8%

Core private-sector machinery orders grew a seasonally adjusted 10.8 percent in February, marking the first month-on-month rise in three months, the Cabinet Office said Monday.
EDITORIALS
Apr 7, 2002

Incorporation of state universities

The proposed incorporation of Japan's government-run universities aims at relaxing state regulations on matters such as budget use, personnel management and research organization, and to substantially expand the decision-making discretion of the universities. The system envisioned would be much more...
COMMENTARY / World
Apr 7, 2002

A special time of hope for a better future

MANILA -- The end of March is a very special time in the Philippines, when ceremonies are held to honor the year's crop of graduates. Having served as commencement speaker at various institutions for the last two years, I have had the opportunity not only to observe the joyful ceremonies closely, but...
BUSINESS
Apr 6, 2002

Key gauge of economy stays well below 50%

The key gauge of the state of the economy remained below the boom-or-bust line of 50 percent in February for the 14th straight month, but the index of leading indicators topped the threshold for the second consecutive month, the government said Friday.
BUSINESS
Apr 6, 2002

Upper House approves new BOJ board appointees

The House of Councilors on Friday approved the government's decision to appoint two new members of the Bank of Japan Policy Board: Toshikatsu Fukuma, vice chairman of the Japan Association of Corporate Executives, and Hidehiko Haru, executive vice president of Tokyo Electric Power Co.
BUSINESS
Apr 6, 2002

Mitsubishi to sell U.S. cancer test

Mitsubishi Chemical Corp. will begin domestic sales of a U.S.-made screening device for cervical cancer in mid-April, company officials said Friday.
JAPAN
Apr 6, 2002

Mad cow losses put at 365 billion yen

Mad cow disease caused at least 365 billion yen in damage to the farming sector and related industries, according to the Agriculture, Forestry and Fisheries Ministry.
EDITORIALS
Apr 6, 2002

Law for Okinawa's prosperity

Thirty years after its return to Japanese control in May 1972, Okinawa continues to struggle with its twin problems: the heavy presence of U.S. military bases and the relatively low level of industrial development. While the base problem is likely to persist for a long time to come, the drive for economic...
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.
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.
AI boom makes 139-year-old cable maker Japan’s hottest stock
Fujikura's headquarters in Tokyo's Koto Ward. The company's share price has surged by more than 400% this year.
Suspected arson in Sapporo leaves four injured
Firetrucks outside a building in Sapporo where an explosion left four people injured on Tuesday.
Japan’s sauna movement: Relax, refresh, repeat
Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
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.

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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