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BUSINESS
Aug 25, 2004

Daiei revival plan likely to strike shareholders

A capital reduction or other unfavorable steps for shareholders will probably be included in a new revival plan for Daiei Inc., Kazuyoshi Kaneko, minister in charge of industrial revitalization, suggested Tuesday.
BUSINESS
Aug 25, 2004

Apple's iPod mini proves big hit

The iPod mini, a digital music player made by Apple Computer Inc., has proved extremely popular since hitting the Japanese market a month ago.
BUSINESS
Aug 25, 2004

Koizumi blasts postal reform foes

Prime Minister Junichiro Koizumi expressed strong dissatisfaction Tuesday over continued opposition within his Liberal Democratic Party to privatizing postal services, saying it's "a done deal."
EDITORIALS
Aug 24, 2004

Japan's changing labor structure

Japan's employment situation is improving thanks to the economy's recovery, which in part has been fueled by corporate efforts to deal with changing economic realities. To reduce personnel expenses, companies have been increasingly turning to the recruitment of cheaper "nonregular employees," such as...
BUSINESS
Aug 24, 2004

Dentsu profit up in first quarter

Dentsu Inc. said Monday that its group operating profit in the April-June quarter jumped 90.3 percent from a year earlier to 10.18 billion yen.
BUSINESS
Aug 24, 2004

Wholesale gas prices to rise as much as 4 yen next month

Oil distributors plan to raise wholesale gasoline prices by 3 yen to 4 yen, effective in September, in line with recent surges in crude oil prices, according to industry sources.
JAPAN
Aug 21, 2004

Firms may have to take responsibility for overworked staff

Companies with employees that put in more than 100 hours of overtime per month might be made to have such workers undergo medical checkups to reduce the incidence of suicides and "karoshi," or death from overwork.
BUSINESS
Aug 20, 2004

Persistent SMFG refusing to give up on UFJ merger bid

Sumitomo Mitsui Financial Group Inc. will make an offer to UFJ Holdings Inc., possibly by the end of August, on the ratio for its proposed merger of the two banking groups, SMFG officials said Thursday.
BUSINESS
Aug 20, 2004

MHI plans fifth Mexico generator

Mitsubishi Heavy Industries Ltd. has begun work to build a fifth thermal power generator at the Tuxpan power plant in Mexico, the company said Thursday.
BUSINESS
Aug 20, 2004

UFJ group to sell Aplus to HSBC for 100 billion

The UFJ group will sell Aplus Co., an ailing consumer finance affiliate, to the HSBC group of Britain for about 100 billion yen, according to sources.
BUSINESS
Aug 19, 2004

UFJ may tap Toyota to aid Misawa

UFJ Bank is poised to ask Toyota Motor Corp. for assistance in rebuilding ailing borrower Misawa Homes Holdings Inc. by investing in the company's core unit, Misawa Homes Co., sources said Wednesday.
JAPAN
Aug 19, 2004

Ex-Kokumin chief won't go to prison

The Tokyo High Court on Wednesday overturned a lower court ruling and handed a former president of the now-defunct Kokumin Bank a suspended three-year prison term for aggravated breach of trust in connection with 9 billion yen in illegal loans he extended.
EDITORIALS
Aug 18, 2004

How will postal privatization help?

Japan's postal savings system, along with mail and insurance services, is to be privatized over a 10-year period beginning in 2007, according to the guidelines drawn up by the government's Economic and Fiscal Policy Council earlier this month. The question is how to transform the system into a viable...
BUSINESS
Aug 18, 2004

Starbucks Japan's profit surges

Starbucks Coffee Japan reported Tuesday surging profits for the quarter through June 30, marking a more than 10-fold improvement from the same period last year as cost cuts helped boost earnings.
BUSINESS
Aug 17, 2004

Firms to set up hotel investment trust

Chuo Mitsui Trust & Banking Co. and the Japan unit of Creative Renovation Group, a Canadian hotel consulting firm, will set up an investment trust next summer to invest exclusively in hotels, company officials said Monday.
Japan Times
JAPAN
Aug 17, 2004

Pill now legal for five years but still finds few takers

Five years ago, Japanese women's rights advocates won their battle to legalize the birth control pill. Now they are waging an even tougher fight -- getting women to use it.
COMMUNITY
Aug 15, 2004

Serendipty with suds

Forget that Kanto has a GDP bigger than Italy's. What really fills me with a sense of civic pride is the knowledge that my Tokyo is home to the only museum in the world dedicated to laundry.
COMMUNITY
Aug 15, 2004

Lanvin cuts a new dash

Only a couple of years ago, no self-respecting fashionista would have been caught dead in Lanvin. A brand stuck in the past, it had plenty of pedigree -- but was about as chic as white socks and sandals.
Japan Times
Features
Aug 15, 2004

Lanvin cuts a new dash

Only a couple of years ago, no self-respecting fashionista would have been caught dead in Lanvin. A brand stuck in the past, it had plenty of pedigree -- but was about as chic as white socks and sandals.

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