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November 26, 2024
 

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BUSINESS
Oct 4, 2001

Yuasa lowers earnings forecasts

Storage battery maker Yuasa Corp. said Wednesday it has revised downward its group earnings forecasts for both the first half and full year of fiscal 2001 due to falling sales in its core battery business.
BUSINESS
Sep 15, 2001

Foreigners stay net buyers for fourth week

While major domestic players continued to unload their equity holdings, foreign investors remained net buyers of Japanese stocks last week for the fourth straight week.
BUSINESS
Sep 8, 2001

Steel firms drop earnings outlook

Five major steelmakers on Friday revised downward earnings forecasts for the year to March due to decreased profitability springing from flagging demand and product prices.
BUSINESS
Aug 25, 2001

Nipponkoa to gain Taiyo property unit as part of alliance

Mid-tier insurers Nipponkoa Insurance Co. and Taiyo Mutual Life Insurance Co. announced Friday a tieup that includes the merger of Nipponkoa and Taiyo's property insurance subsidiary in April.
BUSINESS
Aug 18, 2001

Foreign investors offload Japanese stocks

Foreign investors turned net sellers of Japanese stocks last week, adding to mounting selling pressure.
BUSINESS
Aug 15, 2001

ATM boom reflects banks' struggle for survival

Automated teller machines are reaching deeper into your neighborhood, offering a range of services, including some that are unprecedented in Japan.
BUSINESS
Aug 4, 2001

Sumitomo Rubber reports record profits

Sumitomo Rubber Industries Ltd. said Friday that it recorded unconsolidated pretax profits of 6.72 billion yen for the January-June period.
BUSINESS
Aug 2, 2001

Heat of summer ups demand for electricity, beer

The relentless summer sizzle has pushed electric power consumption to record highs and boosted consumer demand for summer-season staples -- especially beer.
JAPAN
Aug 1, 2001

Matsushita posts first group loss

Matsushita Electric Industrial Co. posted its first quarterly group operating loss in 30 years, because of a global slump in demand for technology, the electronics giant said Tuesday.
LIFE / Food & Drink
Jul 29, 2001

Shochu appeal goes supersonic

FUKUOKA -- Kyushu folk are feeling quite tickled about something at the moment: a shochu boom in bars around Japan. The surging popularity of this once-lowbrow spirit, which originated in Kyushu, suggests that its old-fogy image may be disappearing for good and that lucrative times lie ahead for the...
BUSINESS
Jun 29, 2001

Industrial output down for third straight month

Industrial output for May fell 1.2 percent from the previous month to mark the third consecutive month of decline, according to a preliminary report released Thursday by the Ministry of Economy, Trade and Industry.
COMMUNITY
Jun 17, 2001

From rice to riches

A small light bulb lit up above the head of Susumu Takeuchi when he was barely 24. And last year, his modest little business idea brought in 400 million yen.
JAPAN
Jun 13, 2001

Foreign rice growing on Japanese

Imports of foreign rice, which were only approved seven years ago, are increasing yearly, finding regular Japanese buyers and gaining in popularity amid an ethnic food boom.
BUSINESS
May 30, 2001

Haseko marks first pretax profit in three years

Housing contractor Haseko Corp. said Tuesday it registered a consolidated pretax profit in fiscal 2000 for the first time in three years, helped by brisk demand for condominiums.
BUSINESS
May 23, 2001

Dreamcast nightmare expands net loss at Sega

Video game maker Sega Corp. said Tuesday it posted a group net loss of 51.73 billion yen in fiscal 2000, deteriorating from the previous year's loss of 42.88 billion yen.
BUSINESS
May 22, 2001

TTNet back in the black to the tune of 3.66 billion yen

Tokyo Telecommunication Network Co. posted 3.66 billion yen in pretax profits for the year to March 31, marking a recovery from 635 million yen in losses the previous year, according to the firm's earnings report released Monday.
JAPAN
May 22, 2001

Matsushita, Hitachi mull tieup

Matsushita Electric Industrial Co. and Hitachi Ltd. are in the final stage of negotiating a cooperation pact that would allow them to streamline their home appliance units and compete more efficiently with foreign manufacturers.
BUSINESS
May 19, 2001

MHI posts group net loss for second year in a row

Mitsubishi Heavy Industries Ltd. reported Friday a consolidated net loss of 20.35 billion yen for the 2000 business year, falling into the red for the second consecutive year.
BUSINESS
May 17, 2001

Kyocera's profits surged in 2000

OSAKA -- Kyocera Corp. on Wednesday announced sharp increases in both group sales and pretax profit for fiscal 2000 but predicted declines in both sales and profits for the current fiscal year, citing the slowdown in U.S. growth.
BUSINESS
May 16, 2001

Drinkers guzzle more 'happoshu'

The nation's beer market grew 3.9 percent in April from the previous year, helped by the popularity of low-malt "happoshu" drinks, according to data released Tuesday by the country's five major brewers.
BUSINESS
May 15, 2001

Sanyo, IBM develop Net-connectable chip

OSAKA -- Sanyo Electric Co. and IBM have developed a new semiconductor for home appliances that can be connected to the Internet, Sanyo officials said Monday.
JAPAN
May 10, 2001

DoCoMo, Toyota soared in fiscal 2000

Cellular giant NTT DoCoMo Inc. on Wednesday reported handsome profits for fiscal 2000, and Toyota Motor Corp. appeared set to break an earnings record.
BUSINESS
May 10, 2001

Shiseido posts first loss since 1945

Shiseido Co., the nation's largest cosmetics maker, said Tuesday that it posted its first loss in 55 years in fiscal 2000 ended March 31, 2001, due to shortfalls in its pension and retirement reserves.
JAPAN
May 9, 2001

Newspaper agent faces tax charges

Tax authorities have filed charges against a Yomiuri Shimbun sales agent who allegedly evaded 78 million yen in income tax, sources close to the case said Tuesday.
BUSINESS
May 9, 2001

Pioneer earnings up in '00

Japanese audio equipment maker Pioneer Corp. said Tuesday its group net profit in fiscal 2000 rose 39.9 percent to 18.30 billion yen thanks to brisk sales of its plasma display panels.
BUSINESS
May 9, 2001

Fuji Photo Film announces increased group net profit

Fuji Photo Film Co. announced Tuesday a 38.9 percent jump in group net profit in fiscal 2000 from the preceding year to 117.90 billion yen, boosted mainly by appraisal profit in stockholdings that it transferred to its pension fund. The group's pretax profit rose 45.8 percent to 197.33 billion yen in...
BUSINESS
Apr 28, 2001

Nomura profits up; Nikko, Daiwa suffered in 2000

Nomura Securities Co. on Friday reported strong earnings for fiscal 2000, while Nikko Securities Co. and Daiwa Securities Group Inc. suffered setbacks.
JAPAN
Apr 5, 2001

Postwar corporate model shed in quest for success

Matsushita Electric Industrial Co., known for its Panasonic brand, embarked this month on a drastic reform of its groupwide business by gradually dismantling its "business unit" system, established by founder Konosuke Matsushita.
BUSINESS
Apr 4, 2001

IHI, Kawasaki Heavy to merge shipbuilding operations

Ishikawajima-Harima Heavy Industries Co. and Kawasaki Heavy Industries Ltd. said Tuesday they will integrate their shipbuilding operations into an equally owned venture to be formed on Oct. 1, 2002.
BUSINESS
Mar 22, 2001

Major automakers report decline in exports continues

Japan's five major automakers reported a decline Wednesday in their vehicle exports for February due to lower demand in the North American and European markets.
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

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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