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BUSINESS
Mar 26, 2002

Nissan, MMC sign transmission pact

Nissan Motor Co., its transmission unit Jatco TransTechnology Ltd. and Mitsubishi Motors Corp. signed an agreement Monday to integrate the automatic transmission and continually variable transmission businesses of MMC and Jatco, the three firms said.
EDITORIALS
Mar 25, 2002

More needed than festive spirit

This year is a special one for Japan and South Korea. Not only does the World Cup kick off in two months' time, but 2002 has also been designated the "Year of People-to-People Exchange Between Japan and the Republic of Korea." The governments of both countries have high hopes that the successful cohosting...
BUSINESS / JAPANESE PERSPECTIVES
Mar 25, 2002

Sinking investment signals need to embrace deflation

Two sets of key government statistics on economic conditions released earlier this month -- the October-December data on corporate activities issued March 6 and the quarterly 2001 annual gross domestic product released March 8 -- both highlighted the lackluster state of capital investment by Japanese...
Japan Times
COMMUNITY
Mar 24, 2002

Hotel turns over a new leaf

Big hotels are features of most big cities, and Tokyo is no exception. Rearing into the sky, often straddling whole blocks, they're the temporary homes and permanent workplaces for small armies of people -- which brings serious environmental consequences.
JAPAN / Media / MEDIA MIX
Mar 24, 2002

And for your comic delight: The Suzuki Show

Contrary to popular belief, what's good for the goose is not always good for the gander. When Makiko Tanaka was ousted as foreign minister, tears helped crystallize a victim image that guarantees her political longevity. On the other hand, those of Muneo Suzuki, the main victim of Makiko's victimhood,...
CULTURE / TV & Streaming / CHANNEL SURF
Mar 24, 2002

Tune in for the final stretch

Next Sunday, Nippon TV's irreverent variety show "Denpa Shonen," the prototype of bizarre Japanese reality-TV programs, will once again end its long successful run with a pledge to be reincarnated in the near future. On Saturday at 9 p.m., however, there will be a special two-hour installment summing...
BUSINESS
Mar 23, 2002

BOJ is almost positive in latest economic assessment

The Bank of Japan on Friday upgraded its economic assessment for the first time in 20 months, citing improvements in exports and inventories.
BUSINESS
Mar 23, 2002

Sumitomo Life to raise 150 billion yen

Sumitomo Life Insurance Co. said Friday it will raise 150 billion yen in perpetual subordinated loans from Sumitomo Mitsui Banking Corp. and other concerns by the end of March in a bid to strengthen its financial standing.
BUSINESS
Mar 22, 2002

Culture clash arises out of FTA deliberations

Japan and Mexico have made it halfway through what for Japan remains an unexplored tunnel and are beginning to see a glimmer of light.
BUSINESS
Mar 21, 2002

FSA scolds firms over short selling

The Financial Services Agency on Wednesday ordered five securities houses to improve their business practices regarding short selling.
COMMENTARY / WASHINGTON UPDATE
Mar 21, 2002

Americans continue to rally behind President Bush's war on terrorism

WASHINGTON -- The last week began with ceremonies marking the six-month anniversary of the terrorist attack on the United States. President George W. Bush took advantage of the occasion to project his program for the next phase of the war on terrorism.
LIFE / Digital / NAME OF THE GAME
Mar 21, 2002

Xbox ball: 'Inside Drive'

Strip away the marketing hype. If you want to know what kinds of people video game console makers are targeting, take a look at the kinds of games they play.
BUSINESS
Mar 20, 2002

Nippon Suisan to post 16 billion yen loss

Nippon Suisan Kaisha Ltd., Japan's second-largest seafood supplier, said Tuesday it anticipates parent-only net losses of 16 billion yen for the 2001 business year to March 31, a reversal from earlier forecast profits of 1.7 billion yen.
BUSINESS
Mar 20, 2002

Daiei seeks government handout

As part of its rebuilding efforts, debt-saddled supermarket chain Daiei Inc. filed with the government Tuesday for tax breaks and other preferential treatment under the industrial rehabilitation law, government officials said.
COMMENTARY / World
Mar 20, 2002

Drain the swamp that breeds terrorism

This week U.S. President George W. Bush meets in Monterrey, Mexico with 50 other heads of state to discuss financing for Third World development. Last week, the president announced that he would ask Congress to set aside $5 billion for a special development-aid fund. This aid will be on top of the 10...
BUSINESS
Mar 20, 2002

Starzen expects to sink into red

Starzen Co., Japan's largest meat dealer, said Tuesday it expects a parent-only net loss of 1 billion yen for the 2001 business year.
BUSINESS
Mar 20, 2002

Okinawa Cellular may get regulatory break

The telecommunications minister hinted Tuesday that Okinawa Cellular Telephone Co. may remain free from regulations governing "dominant" mobile phone operators even though its controls a large share of the market in Okinawa Prefecture.
BUSINESS
Mar 19, 2002

Shimadzu to create DNA mapper with nanotechnology

OSAKA -- Precision-equipment maker Shimadzu Corp. said Monday it will begin developing a next-generation DNA-mapping device by using nanotechnology.
BUSINESS
Mar 19, 2002

Hiranuma, Yeo agree to bolster ASEAN ties

Economy, Trade and Industry Minister Takeo Hiranuma and his Singaporean counterpart, George Yeo, agreed Monday to enhance cooperation for establishing a broad economic partnership between Japan and Southeast Asia.
COMMENTARY / World
Mar 18, 2002

Free trade carries a price

WASHINGTON -- U.S. President George W. Bush's decision to impose tariffs on steel imports into the United States has been decried as a politically motivated and economically ruinous move that marks the end of free trade and initiates a battle in the World Trade Organization.
COMMENTARY
Mar 17, 2002

U.S. embargo helps keep Castro in power

HAVANA -- Roberto Alarcon, well-dressed but of unexceptional appearance, is thought to be the No. 3 man in Cuba, after only Fidel and Raul Castro. He lazily sprawled in his chair before eight American journalists, fondling his cigar.
COMMUNITY
Mar 17, 2002

Taking a more traditional view

For many residents of Kyoto, the Kyoto Tower brings to mind the story about the Parisian artist who railed to whomever would listen about how much he hated the Eiffel Tower.
CULTURE / Books
Mar 17, 2002

The only certainty is change

THE UNITED STATES AND ASIA: Toward a New U.S. Strategy and Force Posture, by Zalmay Khalilzad, et al. RAND, 2001, 260 pp. (paper). Since the collapse of the Soviet Union, Asia has enjoyed considerably more stability than has Europe, the other critical theater of the Cold War. It's fair to say that there...
Japan Times
LIFE / Food & Drink / BEST BAR NONE
Mar 17, 2002

There's inspiration around every corner

Nearly every expat in Tokyo knows Las Chicas, the hip neo-Asian garden restaurant that sprawls across the first floor of the Vision Network complex near Omotesando. But many may not realize that there is more to Vision Network than a Thai curry lunch special. A quick peek into the corners of the rambling...
CULTURE / TV & Streaming / CHANNEL SURF
Mar 17, 2002

Last wills and testaments to peace

One of the more interesting economic realities of Japan is that, despite having one of the largest per capita savings rates in the world and the fact that more than 60 percent of the nation's assets are in the hands of people over the age of 60, almost no one writes wills.
BUSINESS
Mar 16, 2002

Department store sales slipped 5.7% in February

Sales at Tokyo department stores fell 5.7 percent in February from the previous year to 142.2 billion yen, the Japan Department Stores Association said in a preliminary report Friday.
BUSINESS
Mar 14, 2002

Sasebo Heavy cuts profit outlook

Sasebo Heavy Industries Co. said Wednesday it has lowered its unconsolidated net profit forecast for the current business year through March 31 because it has been forced to return government money obtained by fraud.
BUSINESS
Mar 14, 2002

Panel hopes to spur reform with deregulation zones

A government advisory panel on deregulation has proposed creating special deregulation zones and compiling an interim report as early as June.
BUSINESS
Mar 14, 2002

Toshiba, Mitsubishi in new 3G deal

Toshiba Corp. and Mitsubishi Electric Corp. announced Wednesday they will jointly develop a third generation dual-mode mobile phone platform that will allow users of rival technology to use their handsets around the world.
BUSINESS / ON THE FRONT LINE
Mar 14, 2002

Rally has put 12,000 in Nikkei's cross hairs

During the recent rally on the Tokyo Stock Exchange, the 225-issue Nikkei average broke the 11,000 resistance line.

Longform

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