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JAPAN
Aug 3, 2006

Mizutani tax probe turns to Obayashi

Prosecutors probing a tax evasion case involving construction firm Mizutani Kensetsu Co. have questioned employees of general contractor Obayashi Corp. in connection with an airport project it subcontracted to Mizutani, according to investigation sources.
BUSINESS
Aug 3, 2006

Obituary: Masao Nishimura

Former Industrial Bank of Japan President Masao Nishimura, one of the architects of the Mizuho megabank group, died of heart failure Tuesday at a Tokyo hospital, his family has announced. He was 73.
BUSINESS
Aug 3, 2006

McDonald's logs 545 million yen loss

McDonald's Holdings Co. (Japan) said Wednesday it booked a group net loss of 545 million yen in the first half of this year on impairment losses on fixed assets, while its sales expanded 8.2 percent to 170.60 billion yen.
BUSINESS
Aug 3, 2006

Tepco may sell ISP Fusion to Usen

Tokyo Electric Power Co. is studying a plan to sell off subsidiary Fusion Communications Corp., an Internet protocol telephony service company, to major cable music broadcaster Usen Corp., sources said Wednesday.
JAPAN
Aug 2, 2006

METI tells Paloma to resubmit heater report

The government demanded Tuesday that Paloma Industries Ltd. resubmit a report within a week on its probe into deadly carbon monoxide poisonings caused by defects in its gas water heaters.
Japan Times
ENVIRONMENT / OLD NIC'S NOTEBOOK
Aug 2, 2006

Cider and Spots in my haunts of old

It was my first month of living in Tokyo, and I had just about gained enough courage to go into a little restaurant and order all by myself. I had come to Japan to study karate, and had just finished a hard training session at the Kodokan. I was thirsty, and so was delighted to see that not only did...
Japan Times
BUSINESS
Aug 1, 2006

Staffing companies find market in helping retired athletes

When international midfielder Hidetoshi Nakata recently announced his retirement from soccer, people wondered what he would do in the next stage of his life -- business, sports, or a combination of both?
BUSINESS
Aug 1, 2006

Mizuho group profit surges 33%

Mizuho Financial Group Inc. said Monday its group net profit in the three months ended June 30 soared 33.2 percent from a year earlier to 230.84 billion yen, due mainly to a 43.3 billion yen fall in tax-related expenses.
JAPAN
Jul 30, 2006

Fellow drinker liable in fatal accident

The Tokyo District Court has ordered a man -- and a companion who had been drinking with him -- to pay damages to the family of a student killed in a 2001 drunk-driving accident.
BUSINESS
Jul 29, 2006

Marubeni to acquire IRCJ's Daiei stake

Marubeni Corp. said Friday it will acquire the Industrial Revitalization Corp. of Japan's entire stake in struggling retailer Daiei Inc. for 69.8 billion yen.
JAPAN
Jul 29, 2006

NHK faces new embezzlement case

NHK Service Center Inc. said it fired an employee Friday for misappropriating operational funds intended for an international figure skating competition.
Japan Times
COMMUNITY / Our Lives / PERSONALITY PROFILE
Jul 29, 2006

Deven Arora

In his book "A Yen for Yen," Deven Arora from India describes his life in Japan as a "rupees-to-riches success story." He has always, he said, followed six rules: being committed to a dream; believing in self; daring to try unconventional ideas; being unafraid of making mistakes; persevering; and enjoying...
JAPAN
Jul 29, 2006

Carcinogen benzene in DHC drinks

Cancer-causing benzene has been found in amounts in excess of an international standard in a soft drink sold by cosmetics retailer DHC Corp., the health ministry said Friday.
Japan Times
Events / Events Outside Tokyo
Jul 28, 2006

'World Ballet Festival'

The triennial "World Ballet Festival" celebrates its 30th anniversary this year, bringing dancers from all over the world to Tokyo Bunka Kaikan from July 29-Aug. 17 to perform both classical pieces and newly commissioned short works getting their world premiere.
Japan Times
LIFE / Travel
Jul 28, 2006

Window on the West

It's hard not to feel well disposed toward a place like Nagasaki even before you set foot in it. Nagasaki was, after all, the port in western Kyushu that had to bear the torturous brunt of the anti-Christian persecutions assiduously pursued by the Tokugawa shoguns in the 17th century. And had it not...
BUSINESS
Jul 27, 2006

Nippon Life gets reprimand from FSA on policy problem

The Financial Services Agency said Wednesday it has reprimanded Nippon Life Insurance Co. for improper cancellation of its insurance policies and has given it a business-improvement order.
EDITORIALS
Jul 27, 2006

Harm in delayed action

The recent revelation that 21 people have died of carbon-monoxide poisoning caused by malfunctioning gas water heaters points to a lack of awareness and slow action on the part of the parties involved -- the manufacturer and its parent company, Paloma Industries Ltd. and Paloma Co., the Ministry of Economy,...
BUSINESS
Jul 26, 2006

Sharp's quarterly profit up 23%

Sharp Corp.'s net profit jumped 23.1 percent in the first fiscal quarter on growing sales of flat panel TVs and mobile phones, the electronics maker said Tuesday.
BUSINESS
Jul 26, 2006

Nissan's net profit down 25.7% in first quarter

Nissan Motor Co. said Tuesday its net operating profit fell 25.7 percent to 153.35 billion yen on sales of 2.21 trillion yen, up 3.1 percent, in the April-June quarter as there were no new model launches to boost global sales.
JAPAN
Jul 26, 2006

FTC searches firms over 'eco-station' bid-rigging

The Fair Trade Commission inspected the offices of 20 companies, including Tokyo Gas Co., on Tuesday in connection with suspected bid-rigging on government-subsidized natural-gas filling station projects, sources said.
SUMO
Jul 25, 2006

Dominance, Underperformers and Yogurt!

Exactly what happened on Sunday evening at the Aichi Prefectural Gymnasium is simple -- Asashoryu won his 17th Emperor's Cup to date and his second this year, Hakuho came up short despite his victory over the yokozuna and will not be promoted to yokozuna for the September tournament in Tokyo and Miyabiyama...
JAPAN
Jul 25, 2006

Gold-selling binge defies oil, Middle East uncertainties

possessions," said Hidekazu Yamada, a gold adviser at the firm's head office in Tokyo's Ginza. An official in charge of precious metal sales at Mitsubishi Materials Corp. said sales have been increasing conspicuously since October.
Japan Times
LIFE / Style & Design
Jul 25, 2006

Mobile Mouse, National lawn mower, Tsubomi's space packaging system, SUTTO Stool

With the weather about to get the better of us as we move into the hottest month of the year, why not try to find some solace in a few items to help us make the most of the great outdoors. For those on the go or hanging out in their backyard (that is, those of us lucky enough to actually have one) this...
BUSINESS
Jul 24, 2006

Honda plans hybrid-parts factory in Mie

Honda Motor Co. plans to build a new plant in Mie Prefecture to boost production capacity of key components for its hybrid cars, company officials said Sunday.

Longform

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