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BUSINESS
Apr 16, 2005

Daiei records another heavy loss

Struggling retailer Daiei Inc. reported Friday a consolidated net loss of 511.2 billion yen for the year through February, with the firm having booked hefty restructuring costs.
BUSINESS
Mar 25, 2005

Costs chill large firms' confidence

Business confidence among large companies in Japan plummeted in the January-March quarter.
Japan Times
COMMUNITY
Feb 19, 2005

Cosmopolitan stands for cultural understanding

A gaggle of students leaving Cosmopolitan Consultancy in Kawasaki's Shin-Yurigaoka point the way to the front door. "Up, up," they urge, to the third floor, where Suzan Matkin awaits with slippers and English tea.
BUSINESS
Feb 11, 2005

Itochu plans to buy 21% stake in Orient

Trading house Itochu Corp. plans to acquire a 21 percent stake in consumer credit card company Orient Corp., thereby becoming its largest shareholder, the two companies said Thursday.
Japan Times
JAPAN
Jan 23, 2005

MMC's Okazaki, other top execs to resign

Yoichiro Okazaki, chairman and CEO of Mitsubishi Motors Corp., will resign to take responsibility for poor earnings results following a string of defect coverups and recalls, sources said Saturday.
Japan Times
COMMUNITY / Our Lives / PERSONALITY PROFILE
Jan 22, 2005

Harry Sweeney

Dr. Harry Sweeney said: "Racing in Japan under the Japan Racing Association is the best in the world. There is no question about it." He speaks with the authority of someone "happy and proud to be involved with it." He thinks he, as a non-Japanese who is a member of the Breeders' Association of Japan...
BUSINESS
Dec 28, 2004

Big firms' confidence fell in latest quarter

Business confidence among large companies deteriorated in the October-December period, with manufacturers hit by a strong yen and information technology-related firms undertaking inventory adjustments, the government said Monday.
Japan Times
CULTURE / Art
Dec 8, 2004

Trading in a master for an agent

When Yasuo Kitai first attempted to introduce Japanese calligraphy into Western art markets, he discovered he was up against thousands of years of tradition.
BUSINESS
Oct 29, 2004

Matsushita and Sony report soaring net profits for first half

Matsushita Electric Industrial Co. and Sony Corp. said Thursday that their net profits more than doubled in the first half, though there was a stark contrast in how the archrivals made their money.
Japan Times
Features
Oct 3, 2004

Teddy bares all

Long before baseball's Ichiro Suzuki or soccer's Hidetoshi Nakata became stars overseas, in 1987 a 15-year-old boy from Asahikawa in Hokkaido flew to London on his way to taking the ballet world by storm just a few years later.
Japan Times
BUSINESS
Sep 3, 2004

Economist advocates Japan Post carve-up

The priority in privatizing Japan's gigantic postal system is to quickly split its financial and postal service operations despite strong opposition, according to high-profile economist Hiroshi Kato.
BUSINESS
Aug 19, 2004

Asahi Glass shatters half-year sales, profit records in January-June period

Asahi Glass Co. said Wednesday it chalked up record half-year sales and profits in the January-June period.
EDITORIALS
Aug 3, 2004

Ensure collusion doesn't pay

Japan's antitrust legislation needs upgrading. The Fair Trade Commission is preparing a revision bill to bring the Antimonopoly Law more into line with international standards by tightening the penalties for business-restricting practices. Nippon Keidanren, the Japan Business Federation, has already...
JAPAN
Jul 29, 2004

UFJ fights to keep MTFG merger hopes alive

UFJ Holdings Inc. said Wednesday it has filed an appeal against a court order to suspend its merger negotiations with Mitsubishi Tokyo Financial Group Inc., stressing it plans to go ahead with the merger.
JAPAN
Jul 28, 2004

Court halts MTFG-UFJ merger negotiations

The Tokyo District Court ordered a halt Tuesday to merger negotiations between Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. in a move that could kill the creation of what would have been the world's largest banking group.
BUSINESS
Jul 24, 2004

Japan, China urged to cooperate on energy

OYAMA, Shizuoka Pref. -- Japan and China must find ways to cooperate over energy resources, business leaders said Friday during an annual Japan Business Federation (Nippon Keidanren) forum.
JAPAN
Jul 17, 2004

UFJ, MTFG agree to start merger talks

UFJ Holdings Inc. and Mitsubishi Tokyo Financial Group Inc. -- two of Japan's four major banking groups -- said Friday they have agreed to start merger talks, aiming to integrate their operations during the first half of fiscal 2005.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Jun 12, 2004

Martin Katz

Recently Martin Katz came on a first visit to Japan. He brought to exhibit in Tokyo a collection of diamond jewelry valued at 10 billion yen. The collection included many pieces worn by Hollywood stars at the red-carpeted award ceremonies of the Oscars. Martin is widely known as the jeweler to whom Hollywood's...
BUSINESS
May 12, 2004

Most firms upbeat about China's economic growth

Sixty-five percent of major Japanese companies say the rapid growth of the Chinese economy is having a favorable effect on the Japanese economy, according to a recent survey by Kyodo News.
Japan Times
JAPAN
Apr 30, 2004

Kimono makes comeback -- in used form

Every once in a while, 27-year-old Junko Nagumo and five companions visit boutiques in upmarket Tokyo districts such as Omotesando and Ginza -- not to buy trendy fashion items but to find inexpensive used kimono.
JAPAN
Apr 2, 2004

BOJ 'tankan' shows recovery widening

Business confidence at major manufacturers has risen to its highest level since June 1997, according to a key business survey released Thursday.
BUSINESS
Mar 31, 2004

Kanebo shareholders OK plan to spin off unit

Kanebo Ltd. shareholders approved a plan Tuesday to spin off the firm's mainstay cosmetics business to pay off its mounting debts.
BUSINESS
Mar 23, 2004

Fast Retailing set to exit fruit, vegetable market

Fast Retailing Co. said Monday it will terminate its fresh food business after abandoning hope of turning a profit from selling premium vegetables.
BUSINESS
Mar 5, 2004

Outlook of most large companies positive: poll

Large companies with a positive business sentiment in the January-March quarter outnumbered their negative counterparts, but the employment outlook remained negative, according to a Finance Ministry survey released Thursday.
JAPAN
Feb 25, 2004

Ailing firms increasingly exiting from pension scheme

An increasing number of companies are withdrawing from the Employees Pension under the guise of bankruptcy, an indication the safety net for employees is increasingly coming under threat.
BUSINESS
Feb 14, 2004

McDonald's Holdings posts 7 billion yen net loss

McDonald's Holdings Co. (Japan) said Friday it posted a net loss of 7.12 billion yen for 2003, with weak sales and heavy restructuring costs forcing the company into its second consecutive losing year.
ENVIRONMENT / OUR PLANET EARTH
Feb 12, 2004

The road to pinpointing corporations that care

When it comes to sex, drugs and rock'n'roll, the media never tire of airing dirty laundry.
BUSINESS
Feb 11, 2004

Nissho Iwai, Nichimen trading units set to merge

Nissho Iwai-Nichimen Holdings Corp. said Tuesday it will merge its core trading house units Nichimen Corp. and Nissho Iwai Corp. on April 1 to cut costs and speed up decision-making.
BUSINESS / JAPANESE PERSPECTIVES
Feb 2, 2004

The unofficial truth about Japan and its official economic recovery

So it's official. Or so the officials say. The Japanese government's latest monthly report on the state of the economy proudly announces that recovery is now steadily in progress.

Longform

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