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November 26, 2024
 

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BUSINESS
May 29, 2004

UBS told to toughen data control

The Financial Services Agency on Friday ordered the Japanese unit of the Switzerland-based UBS financial group to strengthen its internal control of undisclosed corporate data following revelations that the branch provided information to investing clients.
EDITORIALS
May 28, 2004

Banks and their 'debt of gratitude'

It appears that most of Japan's top banks are making good progress toward cleaning up their nonperforming loans. They may not be out of the woods yet, but their latest financial reports indicate that they are on track to meeting a government target for bad-debt reduction in fiscal 2004, which ends March...
Japan Times
LIFE / Food & Drink / BEST BAR NONE
May 28, 2004

Rockin' till dawn in the heart of suburbia

Kichijoji is a good 20 minutes west of Shibuya on an express train, which places it smack dab in the middle of Tokyo's suburban belt. As such, it's the last place one would think of finding a bar dedicated to rock culture -- let alone one with a pedigree spanning a quarter of a century and with a provocative...
JAPAN
May 28, 2004

Accounts may be tied to al-Qaeda

Police have discovered bank accounts in Japan that might have been part of an underground bank for the al-Qaeda network, investigative sources said Thursday.
BUSINESS
May 28, 2004

Kanebo to slash capital by 99%, sell stake to IRCJ

Kanebo Ltd. will reduce its capital by 99 percent as part of its rehabilitation plan under the auspices of the state-backed Industrial Revitalization Corp. of Japan, sources said Thursday.
JAPAN
May 27, 2004

Diet enacts law to counter livestock, poultry diseases

The Diet enacted Wednesday a revised law to curb infectious diseases among livestock and poultry, including the introduction of a compensation system for poultry farmers hit by bird flu.
BUSINESS
May 26, 2004

DoCoMo shifts strategy from investment to tech ties

NTT DoCoMo Inc. will shift its global strategy in the mobile phone business from capital investment to technological tieups, after suffering huge losses on its investments in overseas mobile phone operators, NTT Corp. President Norio Wada said Monday.
BUSINESS
May 26, 2004

UFJ, Merrill Lynch to buy loans

UFJ Bank said Tuesday it and the Merrill Lynch group will create a fund of up to 100 billion yen to purchase loans to ailing small and midsize enterprises.
BUSINESS
May 25, 2004

Sumitomo Trust's group net balance back in black

Sumitomo Trust & Banking Co. said Monday its group net balance last business year returned to the black at 79.63 billion yen, partly due to a plunge in its loan-loss charges.
JAPAN
May 25, 2004

Banking giants log black ink as stocks rise, bad loans fall

All but one of the nation's four major banking groups returned to the black in fiscal 2003, according to their financial reports released Monday.
COMMENTARY
May 24, 2004

Blowing smoke on tobacco

The government has begun belated efforts to restrict smoking in Japan, which has long been a smokers' haven. In May 2003, the government enacted the Health Promotion Law to reduce exposure to passive smoking. In March it signed the World Health Organization's Framework Convention on Tobacco Control --...
COMMUNITY
May 23, 2004

Show reflects growing 'green' economy

The words "Japanese technology" usually conjure up images of everything from cars and cameras to stereos and mobile phones.
BUSINESS
May 22, 2004

Sumitomo, UFJ trust units to merge

Sumitomo Trust & Banking Co. and UFJ Trust Bank said Friday they have agreed to integrate operations to create the biggest trust bank in Japan, eclipsing Mitsubishi Trust & Banking Corp.
BUSINESS
May 21, 2004

Morinaga Milk reaps benefit of cost cuts and steady sales

Morinaga Milk Industry Co. said Thursday that its group net profit for fiscal 2003 rose 34.1 percent from the previous year to 6.46 billion yen.
BUSINESS
May 21, 2004

Isuzu Motors back in black on record profit

Isuzu Motors Ltd. said Thursday its group net balance swung into the black in fiscal 2003 on brisk sales of trucks in domestic and Asian markets.
BUSINESS
May 20, 2004

Bankruptcies down for 16th month

A total 1,189 companies in Japan declared bankruptcy in April, down 21.5 percent from a year earlier for the 16th consecutive month of decrease.
BUSINESS
May 20, 2004

Hino Motors to build new U.S. plant

Hino Motors Ltd. said Wednesday it will construct a new auto parts plant in the United States to meet growing demand from its parent company, Toyota Motor Corp.
BUSINESS
May 20, 2004

Panel backs foreign investment

A government advisory panel on Wednesday called for additional measures to promote foreign direct investment in Japan, including simplifying procedures for Japanese hospitals to introduce foreign-made medical instruments.
BUSINESS
May 20, 2004

UFJ to sack top three execs over dismal result

The UFJ financial group said Wednesday its three top managers will be ousted because the group failed to achieve its profit goals, company officials said.
BUSINESS
May 20, 2004

Yanase to absorb seven sales units

Imported car dealer Yanase & Co. said Wednesday it will absorb seven sales subsidiaries Aug. 2 in a bid to increase the efficiency of operations within its group.
BUSINESS
May 18, 2004

AOL Japan to transfer Net business to eAccess

America Online Inc. of the United States will effectively withdraw from Internet connection services in Japan as its wholly owned Japanese subsidiary decided to turn over its business to a Tokyo firm, the subsidiary said Monday.
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.
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.
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

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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