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November 27, 2024
 

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BUSINESS
Nov 9, 2001

Solve bad loans via market: ACC

The American Chamber of Commerce in Japan has urged Japanese political leaders to implement market-oriented solutions to resolve bad-loan problems and maintain momentum for economic reforms, ACCJ President Robert Grondine said Thursday.
BUSINESS
Nov 9, 2001

Toyota net profit zooms up 82%

Toyota Motor Corp. said Thursday its consolidated net profits for the first half through Sept. 30 jumped 82.4 percent from the same period a year ago, hitting a record 291.11 billion yen.
BUSINESS
Nov 9, 2001

Machinery orders post 13.2% drop

Core private-sector machinery orders fell a seasonally adjusted 13.2 percent in September from the month before to 879 billion yen, the Cabinet Office said Thursday.
BUSINESS
Nov 9, 2001

Kyocera another victim of IT downturn

Kyocera Corp. said Thursday its consolidated net profit in the first half of the business year to Sept. 30 fell 64.1 percent from a year earlier to 19.1 billion yen due to sluggish demand for information technology products.
JAPAN
Nov 9, 2001

Group of Chogin executives arrested

Tokyo police on Thursday arrested four former senior executives of the failed Chogin Tokyo credit union on suspicion that they withheld data from government investigators in 1998.
BUSINESS
Nov 8, 2001

Toshiba to idle 12,000 employees

Toshiba Corp. will idle the 12,000 employees in its semiconductor division for two to four days before the end of the year in an intensified cost-cutting effort to deal with the prolonged slump in the global information technology market, company officials have announced.
BUSINESS
Nov 8, 2001

Foreign cash reserves hit record high

Foreign-exchange reserves hit a record high of $405.7 billion at the end of October, up $8.69 billion from the previous high set in September, the Finance Ministry said Wednesday.
ENVIRONMENT / OUR PLANET EARTH
Nov 8, 2001

Creation of wants and the damage done

Who's consuming whom? Are we consuming advertising and living a better life because it educates us about a wide range of choices? Or is advertising consuming us, urging us to want, need and buy whatever the market has to offer?
Japan Times
JAPAN
Nov 8, 2001

Ex-Sogo chief denies hiding assets

Hiroo Mizushima, former chairman of failed department store chain Sogo Co., pleaded not guilty Wednesday before the Tokyo District Court to charges of concealing assets to avoid their seizure by creditors.
BUSINESS
Nov 7, 2001

S&P gives IYBank strong ratings

Standard & Poor's Corp. said Tuesday it has assigned A long-term and A-1 short-term counterparty credit ratings to IYBank, the banking unit of major retailer Ito-Yokado Co.
BUSINESS
Nov 7, 2001

0.9% contraction is expected

The government looks set to revise downward its economic forecast for fiscal 2001 to negative growth of around minus 0.9 percent from its original projection of 1.7 percent growth, government sources said Tuesday.
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.
BUSINESS
Nov 7, 2001

Takeda Chemical notches 45% net profit increase in first half

Takeda Chemical Industries Ltd. said Tuesday its consolidated net profit in the first half of the 2001 business year increased 45.3 percent from a year earlier to 130.85 billion yen, due mainly to an increase in overseas sales of medicine.
BASEBALL / BASEBALL BULLET-IN
Nov 7, 2001

MLB contraction: Say it ain't so, Bud

Just about the time you are reading this, officials of Major League Baseball should be discussing an issue that has never come up before in our lifetime: contraction. You know the story; MLB commissioner Bud Selig has said folding two franchises, rolling back the majors from 30 to 28 teams, may be a...
BUSINESS / TAKING STOCK
Nov 6, 2001

U.S. fundamentals key to Tokyo stocks

U.S. economic fundamentals, especially consumer spending, must be accurately assessed to forecast the trend of Tokyo stocks in November, because U.S. consumer sentiment is believed certain to weaken in light of the worsening employment situation and expanding anthrax scare.
JAPAN
Nov 6, 2001

Economy-class syndrome has struck 44 since '93

Since 1993, 44 Japanese are believed to have developed economy-class syndrome, a potentially fatal condition characterized by poor blood circulation and breathing difficulties caused by the strain of long flights in cramped seats.
BUSINESS
Nov 6, 2001

Keidanren chief receives Zaikai Prize

Takashi Imai, chairman of the Japan Federation of Economic Organizations (Keidanren), on Monday received the annual Zaikai Prize, awarded by the publisher of the business magazine Zaikai.
COMMENTARY / World
Nov 5, 2001

Preventing financial panic

American consumers have tightened their purse strings since the Sept. 11 terrorist attacks. In capitalist economies, the downtrend in consumption is disturbing for the future of the world economy.
Japan Times
CULTURE / Music / FUZZY LOGIC
Nov 4, 2001

Straight from the monkey's mouth

The Stone Roses are the most influential British rock band of the last 15 years, but since their long-drawn-out and frankly ludicrous demise five years ago, vocalist Ian Brown has taken a lot of playground flak.
JAPAN / Media / MEDIA MIX
Nov 4, 2001

Shaking preconceptions in the land of tourists

A few weeks ago, a friend visited from Europe. It was her first time in Japan and she wanted to see as much of the country as she could. She had purchased the discount JR rail pass that only foreigners can buy in their home countries, but besides that, all she came with was the Lonely Planet guide to...
BUSINESS
Nov 3, 2001

Tobishima cuts earnings forecast

General contractor Tobishima Corp. said Friday it has revised downward its group earnings forecast for the first half and the full year of fiscal 2001, due largely to deteriorating profit margins in private-sector construction jobs.
JAPAN / JOB JITTERS
Nov 3, 2001

Retirement not always time to relax

The red, blue and green flags of labor unions fluttered in front of the towering headquarters of a major bank in Tokyo's Marunouchi business district in early September as about 200 workers shouted, "The bank ought to carry out its social responsibility" and "We don't forgive the bank for dismissing...
JAPAN
Nov 3, 2001

Palau banks on environment to bring in the tourist dollars

The president of the Republic of Palau said Thursday that his island nation will protect its environment through education and the selective admission of foreign capital, while promoting tourism as its major industry.
BUSINESS
Nov 3, 2001

Tobishima cuts earnings forecast

General contractor Tobishima Corp. said Friday it has revised downward its group earnings forecast for the first half and the full year of fiscal 2001, due largely to deteriorating profit margins in private-sector construction jobs.
JAPAN / JOB JITTERS
Nov 3, 2001

Retirement not always time to relax

The red, blue and green flags of labor unions fluttered in front of the towering headquarters of a major bank in Tokyo's Marunouchi business district in early September as about 200 workers shouted, "The bank ought to carry out its social responsibility" and "We don't forgive the bank for dismissing...
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.
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.
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.
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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