Search - consortium

 
 
BUSINESS
Jun 6, 2000

Failed LTCB reopens itself as Shinsei Bank

The Long-Term Credit Bank of Japan relaunched itself as Shinsei Bank on Monday, about 19 months after it collapsed and was placed under state control.
BUSINESS
May 20, 2000

Satellite TV option possible, but NTV denies tieup rumor

said Friday that it is considering establishing a planning company to enter the digital broadcasting business using an advanced communications satellite. The company, however, denied media reports that the new business will be centered on an alliance with Japan Satellite Broadcasting Inc. (Wowow).
BUSINESS
May 11, 2000

Honda to improve safety with multiple crash tests

Honda Motor Co. will improve the safety of its cars through realistic crash tests involving multiple cars colliding at various angles, Hiroyuki Yoshino, president of the major Japanese automaker, said Wednesday.
COMMENTARY / World
Jan 23, 2000

Japan's 'railway diplomacy' rolls forward

Plans for a Japanese consortium to construct a shinkansen link between Taiwan's two biggest cities will showcase Tokyo's technology and "railway diplomacy." Both have been running virtually nonstop and on schedule since 1872, when the first line connecting Tokyo's Shimbashi station to Yokohama opened....
JAPAN
Dec 13, 1999

KEDO agrees to start work on Pyongyang reactor

A multilateral consortium charged with providing North Korea with two nuclear power reactors decided Monday to proceed with the construction work, paving the way for a deal to be signed with the main contractor Wednesday. The executive board of the Korean Peninsula Energy Development Organization agreed...
JAPAN
Jul 22, 1998

'Internet cash' trial set for launch in September

In the latest development in Internet commerce, a cyberbusiness consortium will soon make available virtual cash that is transferable between individual consumers.
JAPAN
Mar 31, 1998

Japan to aid Karen refugees in Thai camps

In a move that threatens to displease Myanmar's military regime, Japan will provide between 5 million yen and 10 million yen in grant-in-aid to help relieve the suffering of Karen refugees in Thailand, Foreign Ministry sources said March 31.
JAPAN
Mar 24, 1998

Number of mobile computer users ready to rise

In the 2000 business year, the number of users of mobile computers in Japan , excluding voice-service users, will be 20 times what it is in the current business year and is likely to total 13.63 million people, an industry group reported Tuesday.
Japan Times
Special Supplements / Hiroshima G7 Summit Special
May 19, 2023

Diversification fueled through ‘education of conscience’

In 1864, when the isolationist foreign policy of the Tokugawa shogunate was still in effect, Jo Niijima, a 21-year-old son of a samurai, left Japan for the United States, risking capital punishment. For Niijima, it was an adventurous quest to seek a land where greater equality, freedom and human rights...
Japan Times
Special Supplements / Hiroshima G7 Summit Special
May 19, 2023

Collaborative research efforts pave way for peace-based educational outlook

Hiroshima University was founded in 1949 in the first city in the world to suffer an atomic bombing. In the spirit of pursuing peace, HU’s mission is to contribute to the well-being of humankind by realizing a free and peaceful international society.
Japan Times
BUSINESS
May 12, 2023

Toshiba posts 35% decline in full-year net profit

The firm has said a planned takeover bid that is expected to take the company private will likely start in late July.
Japan Times
COMMENTARY / World
Mar 29, 2023

Manchester United looks immune to the banking crisis

The bidding war for Manchester United, a sporting institution, bears little connection to financial reality.
Japan Times
BUSINESS / Companies
Mar 23, 2023

Toshiba board accepts JIP buyout proposal, report says

The JIP consortium last month submitted a binding buyout proposal backed by $10.6 billion in loan commitments from major banks.
Japan Times
BUSINESS
Feb 24, 2023

Orix weighs cutting contribution to JIP’s Toshiba offer, sources say

Orix is seeking to acquire ¥200 billion ($1.5 billion) of common and preferred Toshiba stock, down from the original ¥300 billion, the sources said.
JAPAN
Feb 9, 2023

Dentsu and other firms may face criminal charges over alleged Olympics bid-rigging

The Tokyo District Public Prosecutor's Office and the Fair Trade Commission are considering action against six firms suspected of predetermining who would plan test events and manage venues.
Japan Times
BUSINESS / Companies
Feb 7, 2023

Toshiba’s bidder set to win commitments for $10.6 billion loan

Securing financing support from banks is a crucial step in the JIP-led consortium’s proposed takeover of one of Japan’s most iconic companies.
Japan Times
BUSINESS / Economy / Regional Voices: Hiroshima
Jul 17, 2023

Micron’s huge Hiroshima investment amid job cuts leaves unanswered questions

Micron plans to reduce its global workforce by 10% this year. In May, several hundred people are believed to have left the Hiroshima plant, which had about 3,700 workers as of last November.
Japan Times
ASIA PACIFIC
Jan 24, 2023

As Australian colleges crack down on ChatGPT, disabled students defend AI

The program is already banned in some public schools, while some universities have announced less take-home assessments and more hand-written essays and oral exams.
Yevgeny Prigozhin
WORLD
Jul 29, 2023

Wagner chief’s exile is anything but as he visits St. Petersburg

As Vladimir Putin was welcoming African heads of state to a summit in St. Petersburg, renegade warlord Yevgeny Prigozhin stole the limelight in the president’s home city.
A woman in Vatican City on July 19 during a heat wave. Projecting temperatures is inherently imprecise because modern humans have never experienced such extremes.
ENVIRONMENT / Climate change
Jul 29, 2023

An overheating planet requires extreme climate solutions

Projections say warming will only get worse, but humans exert control over planet-warming pollution and can change these models’ trajectories.
Hitachi CEO Keiji Kojima. The company’s metamorphosis belies the argument that the bastions of Japan Inc. are set forever in their ways.
BUSINESS / Companies
Aug 4, 2023

Hitachi reinvents itself in sign of hope for Japan

The old-school conglomerate revamped its governance, shrank its empire to focus on growth and evolved into a more global enterprise.
A maritime drone shows the silhouette of a Russian naval ship near the port of Novorossiysk in this screenshot obtained from social media video released on Friday.
WORLD
Aug 5, 2023

Ukraine drone attack damages Russian tanker in Kerch Strait

The latest attack came a day after Ukraine said it had carried out a seaborne-drone strike on a Russian navy ship at a naval base in southern Russia.
Ukrainian servicemen walk near buildings damaged by a Russian military strike in the city of Vuhledar in the Donetsk region, Ukraine, on Friday.
WORLD
Aug 7, 2023

Ukraine’s Black Sea drone attacks signal expansion in conflict

For the first time, the attacks put at risk Russia’s commodity exports via the Black Sea, threatening global supplies of grain and oil.
Kyushu Kumamoto Plant, which received a platinum certification. | SUNTORY
ESG CONSORTIUM
Aug 8, 2023

Suntory replenishes a century of water stewardship

Born and raised in Naples, Oliviero Morelli joined MSC Cruises in 2004, and 11 years later became president of MSC Cruises Japan.
Cirebon-1, an 11-year-old coal power station in West Java, Indonesia, is set to close early, sparing the planet millions of tons of carbon dioxide.
BUSINESS / Economy
Aug 16, 2023

Indonesian facility shows cutting coal is a hard sell for banks

The early closure of the Cirebon-1 coal plant could be a decarbonization model for Asia, but big banks have been shy about fueling the transition.
Tottori Gov. Shinji Hirai (left) with Shinsuke Nakajima, executive chef at the Hotel New Otani Tokyo
ESG CONSORTIUM
Aug 18, 2023

Tottori, home of premium wagyu, offers great diversity of delicacies

Western Japan’s Tottori Prefecture, lying on the Sea of Japan and boasting the famous Mount Daisen and other peaks, has been a major beef-producing area since the Edo Period. Japan’s least populous prefecture is blessed with rich nature and clean air, abundant groundwater and high-quality straw —...
BUSINESS
Aug 23, 2023

Goldman, KKR and Blackstone join investor rush for Japan hotels

Compared with before the pandemic, visitors to Japan are spending more, with most of that money going on lodgings and hospitality.
Takeshi Kimura, special adviser to the board for Nippon Life Insurance Co.
ESG CONSORTIUM
Aug 28, 2023

PRI’s global ESG investing talks in Tokyo to tackle ‘sense of crisis’

The leading global conference on responsible investment will be held in Tokyo for the first time this fall, focusing on what investors can do to make society sustainable at a time when many industries are struggling to meet their targets for combating climate change.

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan