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November 27, 2024
 

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BUSINESS
May 10, 2001

Shiseido posts first loss since 1945

Shiseido Co., the nation's largest cosmetics maker, said Tuesday that it posted its first loss in 55 years in fiscal 2000 ended March 31, 2001, due to shortfalls in its pension and retirement reserves.
BUSINESS
May 10, 2001

Dollar down as investors switch to equities

Triggering the dollar's fall in recent weeks was a switch in the global investment flow back into equities.
JAPAN
May 10, 2001

Koizumi rules out tax increases

Prime Minister Junichiro Koizumi told the Lower House plenary session Wednesday that the government will not hike taxes to mend Japan's debt-ridden finances, but will instead try to curb spending and the issuance of state bonds.
JAPAN
May 9, 2001

Newspaper agent faces tax charges

Tax authorities have filed charges against a Yomiuri Shimbun sales agent who allegedly evaded 78 million yen in income tax, sources close to the case said Tuesday.
BUSINESS
May 9, 2001

Takefuji reports 10th straight year of record profits

Takefuji Corp., the nation's largest consumer finance company, on Tuesday reported a record group net profit for fiscal 2000 for the 10th straight year on the strength of ultralow interest rates that have dramatically reduced its fundraising costs.
BUSINESS
May 9, 2001

Debt-waiver talks may use outsiders

Financial Services Minister Hakuo Yanagisawa said Tuesday he is considering involving independent experts, including lawyers, in talks between banks and corporate borrowers over guidelines on waiving debts.
CULTURE / Music / J-POPSICLE
May 9, 2001

3G phones -- putting your music where your mouth is

Today's topic, class, is how to promote music in Japan and keep the Japanese music biz afloat. Are you ready? Then I'll begin.
BUSINESS
May 8, 2001

Sumitomo Life selects new president

Sumitomo Life Insurance Co. said Monday it will promote Vice President Shinichi Yokoyama, 58, to president.
COMMENTARY
May 8, 2001

Bush could kill Kyoto treaty

U.S. President George W. Bush announced in late March that his administration did not support the Kyoto Protocol, an international agreement that requires industrialized countries to cut emissions of carbon dioxide and other greenhouse gases as a way to prevent global warming.
BUSINESS
May 8, 2001

Nagasakiya gets breathing room

Supermarket chain operator Nagasakiya Co., which is currently protected from creditors under the corporate rehabilitation law, said Monday it has been granted six more months to compile a business rehabilitation plan, due partly to the large number of its creditors.
BUSINESS
May 8, 2001

Traditional management schemes wane as firms cut costs: survey

A growing number of Japanese companies are abandoning longtime employee care policies such as seniority-based salary systems and subsidized housing, according to a think tank survey released Monday.
JAPAN
May 8, 2001

Koizumi vows no sanctuaries from reform

The Prime minister's main policy points (Full text) The following is the gist of Prime Minister Junichiro Koizumi's policy speech delivered Monday in the Diet.
JAPAN
May 8, 2001

Authorities concerned over legal but risky drugs

The recent spread of so-called legal drugs among youngsters in the Tokyo metropolitan area has alarmed drug officials.
LIFE / Food & Drink / BEST BAR NONE
May 6, 2001

Shochu among bamboo

Tokyo's neighborhoods always offer one or two little bars (or sunakku) where down-home drinkers can shake off the workday blues. The greater Jiyugaoka area offers more options than most, and its most recent and welcome addition is Fukukaze.
JAPAN
May 5, 2001

Covert entry puzzling, analysts say

Japanese experts were divided over why a man claiming to be Kim Jong Nam, the eldest son of Pyongyang leader Kim Jong Il, tried to enter Japan under an alias with a forged passport.
JAPAN
May 4, 2001

Island Japan's pleasure boaters few but winds of change are a-blowin'

Despite its long maritime tradition, Japan lags far behind Scandinavia and the United States in terms of recreational yachting.
COMMENTARY
May 4, 2001

It's Koizumi vs. the LDP

The public-approval ratings of Prime Minister Junichiro Koizumi's new Cabinet skyrocketed to unprecedented levels of more than 80 percent. Koizumi pledged that his Cabinet would spare no effort in implementing his drastic reform plans.
BUSINESS
May 3, 2001

Vodafone cements local foothold

Britain's Vodafone Group PLC announced Wednesday that it will purchase rival British Telecommunications PLC's shares in Japan Telecom Co., making it the top shareholder of the Japan's third largest telecommunications operator.
JAPAN
May 3, 2001

Murakami gets bonus despite arrest

Former House of Councilors member Masakuni Murakami, accused of taking bribes from mutual-aid foundation KSD, received a spring bonus of around 870,000 yen for work he completed before quitting the Diet over the scandal in late February, Diet sources said Wednesday. Murakami, 68, who has been charged...
COMMENTARY / World
May 3, 2001

Arafat remains unbowed as his 'long march' continues

Veteran Middle East correspondent David Hirst was recently the first journalist to be granted an interview with Palestinian leader Yasser Arafat since the intifada began.
JAPAN
May 3, 2001

Japan's Major league idols cash in at home clubs' expense

With the sensational debut of Japanese outfielders Ichiro Suzuki of the Seattle Mariners and Tsuyoshi Shinjo of the New York Mets, Major League Baseball is stealing the hearts of many Japanese.
BUSINESS / CABINET INTERVIEW
May 3, 2001

Finance chief Shiokawa supports fiscal tightening

In line with Prime Minister Junichiro Koizumi's fiscal reform policies, Finance Minister Masajuro Shiokawa has acknowledged the need to make substantial cuts to general expenditures for fiscal 2002.
JAPAN
May 2, 2001

NPO tackles cybercrime as government drags its feet

A group of lawyers, scholars and housewives has launched a nonprofit organization to help victims of libel, fraud and other problems that have seen a sharp increase on the Internet.
BUSINESS
May 2, 2001

IY Bank aims to change banking Monday

The battleground for retail banking will shift to convenience stores Monday when Ito-Yokado Co.'s IY Bank opens on a vast network of ATMs at Seven-Eleven stores nationwide.
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, deeper 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.
Kotozakura unburdened by weight of history after claiming first title
Kotozakura speaks during a news conference in Fukuoka on Monday
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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