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November 26, 2024
 

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EDITORIALS
May 20, 2006

Business profits pose challenges

One company after another is announcing good business results for the fiscal year ended March 31, 2006. Firms listed on the first section of the Tokyo Stock Exchange are reporting increased revenues and profits for the fourth consecutive year. They are expected to post record recurring profits for the...
BUSINESS
Apr 28, 2006

Earnings solid at JFE, Kobe Steel

Major steelmakers JFE Holdings Co. and Kobe Steel Ltd. both reported strong earnings Thursday for fiscal 2005 to March 31, thanks to robust domestic and overseas demand.
Japan Times
BUSINESS
Apr 26, 2006

Higher costs cut into KDDI profit by 30%

KDDI Corp. said Tuesday profit fell by 30 percent in the first quarter compared with the same period a year ago, hurt by higher sales promotion costs and a loss caused by a writedown of assets.
Japan Times
BUSINESS
Apr 18, 2006

New moneyed class spends big at luxury retailers

Evidence that the economic recovery is creating a "new wealthy class" while leaving others to struggle is showing up in department stores and other luxury retailers that are outperforming their convenience store cousins.
BUSINESS
Apr 13, 2006

Convenience stores outshined stale supermarkets in 2005

Japan's major convenience stores on Wednesday posted rosy figures for the 2005 business year, while supermarket chains lagged despite signs that personal consumption is recovering.
BUSINESS
Mar 17, 2006

Toyota launches first Lexus hybrid engine-equipped

Toyota Motor Corp. on Thursday unveiled the Lexus GS450h, the first hybrid in the luxury sedan's lineup.
BUSINESS
Mar 16, 2006

Single-rate consumption tax to stay

Finance Minister Sadakazu Tanigaki on Wednesday told the head of the Organization for Economic Cooperation and Development in Tokyo that he will pursue continuation of the single rate consumption tax instead of the tiered sales levy used by other OECD members.
Japan Times
JAPAN
Feb 22, 2006

Food safety fears heat up delivery services

As consumers become increasingly sensitive toward food safety issues, some food delivery service operators are getting brisk business by ensuring the quality of the produce they sell.
BUSINESS
Feb 15, 2006

E-mail alleges Livedoor told unit to make false purchases

Livedoor Co. asked an online marriage information company suspected of playing a part in its alleged accounting fraud to provide a fictitious profit of 120 million yen to a Livedoor group company in 2004, a Livedoor e-mail message obtained Tuesday by Kyodo News showed.
Japan Times
JAPAN
Feb 4, 2006

Livedoor four face new charge

Prosecutors appear ready to serve fresh arrest warrants in mid-February on four now-former Livedoor Co. executives, including ex-President Takafumi Horie and former Chief Financial Officer Ryoji Miyauchi, on suspicion of falsifying the company's 2004 financial statements, investigative sources said Friday....
BUSINESS
Feb 3, 2006

Matsushita profits up 39% despite heater fiasco

Matsushita Electric Industrial Co. said Thursday robust sales of plasma display panel TVs and digital cameras boosted its earnings for the third quarter of fiscal 2005, raising its net profit by 39 percent to 49.3 billion yen.
BUSINESS
Feb 2, 2006

Sharp's third-quarter profit climbs to record 26 billion yen

Sharp Corp. said Wednesday its net profit jumped 26 percent to a quarterly record of 26.26 billion yen for the three months through December, driven by continued strength in its liquid crystal display TV sales.
BUSINESS
Jan 27, 2006

Fast Retailing, Daiei partner on apparel

Struggling retailer Daiei Inc. said Thursday it has reached an agreement with Fast Retailing Co., which runs the Uniqlo clothing stores, on a tieup to open a new low-price casual clothing chain, with outlets at all Daiei general merchandise stores.
BUSINESS
Jan 21, 2006

Minivehicle market reaching saturation: Suzuki chairman

Demand for minivehicles -- which hit a record 1.924 million units sold in 2005 -- is starting to level off, the chairman of Suzuki Motor Corp. said Friday.
Japan Times
JAPAN
Jan 18, 2006

Huser boss clams up before the Diet

Huser Ltd. President Susumu Ojima refused to answer most questions under oath Tuesday before a Diet committee in connection with the nationwide building safety scam in which his condominium development firm is a key player.
JAPAN
Jan 17, 2006

Huser sold condos knowing their safety was in doubt

The president of Huser Ltd. admitted Monday that the condominium developer concluded sales contracts and handed over units even after being told in late October that the quake-resistance data for its buildings had been falsified, leaving their structural integrity in doubt.
Japan Times
BUSINESS
Dec 29, 2005

Tapes fast disappearing from movie rental shelves

Whether they're couch potatoes or not, people had better get DVD players if they want to check out the latest rental releases or even classic titles this holiday season.
BUSINESS
Dec 8, 2005

Rules target investment risks

The Financial Services Agency proposed legislation Wednesday that would expand the scope of financial products subject to sales restrictions because of their investment risk.
BUSINESS
Nov 25, 2005

GameCube fall halves Nintendo profit

Nintendo Co. said Thursday its group operating profit for the six months to Sept. 30 dived 51.0 percent on smaller sales of its GameCube video console and ballooning development costs for its next-generation Revolution console.
BUSINESS
Nov 10, 2005

Taisho half-year profit sags 25%

Taisho Pharmaceutical Co. said Wednesday its group net profit fell 25.1 percent in the fiscal first half from the previous year to 15.56 billion yen, hit by poor sales of its mainstay nutritional supplement drinks.
BUSINESS
Oct 15, 2005

Toyota, GM at center of global auto shift

The ongoing realignment of the global auto industry may accelerate, with General Motors Corp. and Toyota Motor Corp. set to play pivotal roles in this seismic shift.
Japan Times
JAPAN
Oct 6, 2005

Six held in bogus mushroom ads

The Metropolitan Police Department arrested six people Wednesday including an executive of a Tokyo-based publisher on suspicion of violating the Pharmaceutical Affairs Law by advertising in books a type of mushroom as a treatment for cancer.
BUSINESS / INDUSTRY TRENDS
Aug 23, 2005

DVD gives lesser players chance to shake up camcorder market

A major shift in recording media from tape to disc is taking place in the camcorder market, with manufacturers rapidly expanding their DVD-compatible model lineups.
BUSINESS
Aug 19, 2005

Wal-Mart revolution for Seiyu leaves shoppers cold

Supermarket chain Seiyu Ltd. said Thursday its first-half net loss widened to 10.59 billion yen, following a 2.88 billion yen loss a year earlier, as drastic changes in store operations caused confusion among staff.
BUSINESS
Aug 10, 2005

Cheap eats bite halfway into McDonald's profit

McDonald's Holdings Co. Japan said Tuesday its net profit for the first six months dropped by more than half to 474 million yen, dragged down by a cheap-menu campaign launched in April.
Taiwan stuns Samurai Japan to capture Premier12 title
Japan starter Shosei Togo reacts after allowing a three-run home run against Taiwan in the fifth inning of the Premier12 final on Sunday.
Japan and U.S. to form missile plan in case of Taiwan emergency
A U.S. Marine Corps M142 High Mobility Artillery Rocket System (HIMARS) and a Japanese Ground Self-Defense Force Type 12 Surface-to-Ship Missile (12SSM) system are put on display at a symposium at a base in Kisarazu, Japan, in June 2022.
Preparations for Osaka Expo well underway amid lack of excitement
The Grand Ring, a symbol of the 2025 World Exposition in Osaka
Ishiba shelves proposal for liaison offices with North Korea amid rising tensions
Prime Minister Shigeru Ishiba speaks on Saturday in Tokyo at a rally that was held by a group of families of Japanese citizens abducted by North Korea decades ago to demand the immediate return of all abductees.
'Kohaku' still matters for J-pop bragging rights
Emerging Gen Z J-pop group ME:I will perform on this year's "Kohaku Uta Gassen," national broadcaster NHK’s New Year's Eve spectacle.
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.
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.
Tokyo’s newest three-star chef wants ‘harmony across every detail’
British-born Daniel Calvert earned his third Michelin star last month — a stunning achievement considering his restaurant, Sezanne, has only been open for just over three years.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.

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

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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