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COMMUNITY / How-tos / LIFELINES
May 27, 2003

Painless driving instruction and a move to Japan

More on DIY trading "Gaijin" writes that further to my answer to Wilma Jay (Lifelines; April 29), there are around 60 Internet brokers through which she could do day trading. (Gaijin himself/herself makes a living through trading).
BUSINESS
May 24, 2003

Scandal-hit Snow posted major loss in fiscal 2002

Snow Brand Milk Products Co. continued to struggle in fiscal 2002, suffering a group net loss of 27.1 billion yen for the year that ended in March, the scandal-tainted dairy said Friday.
BUSINESS
May 24, 2003

Hokuriku, Hokkaido banks to merge

Hokuriku Bank and Hokkaido Bank said Friday they have agreed to integrate their businesses under a joint holding company in fiscal 2004, creating Japan's second-largest regional bank in terms of deposits after the Bank of Yokohama.
BUSINESS
May 23, 2003

Matsumotokiyoshi logs record profit

Boosted by a surge in sales of more profitable cosmetic items, the Matsumotokiyoshi Co., Japan's largest drugstore chain, reported a record group net profit of 7.05 billion yen for fiscal 2002.
BUSINESS
May 23, 2003

Credit Saison makes debut in red

Major credit-card firm Credit Saison Co. said Thursday it posted a group net loss of 6.03 billion yen for the business year through March 31, marking the first year the group has ended in the red on a consolidated basis.
BUSINESS
May 23, 2003

Resona group to undergo FSA inspection

An emergency inspection into Resona Bank and its parent company will take place in June in connection with the government's decision to inject public funds into the bank, agency officials said Thursday.
EDITORIALS
May 22, 2003

A fairer sharing of pensions

A government advisory council on social security is considering a proposal to split company-retirement pensions between husbands and wives. The primary aim is to guarantee pension rights for full-time housewives (those not working part time) in recognition of their household work and other duties such...
Japan Times
ENVIRONMENT / GARDEN PATHS
May 22, 2003

Seasonal spectaculars

In the last week or so, roses have been taking the first of their twice-yearly turns to brighten the streets of Tokyo. Potted roses in narrow sidewalk gardens and shrub roses arching over railway fences have suddenly burst into glorious colors.
CULTURE / Books / THE BOOK REPORT
May 22, 2003

Book Off chief rolls with the blows as status quo publishers complain

The Japanese may love a hardworking and unassuming company man who out of nowhere wins the Nobel Prize in Chemistry, but they are still wary of the true entrepreneur who is willing to take risks and shake up long-established ways of doing things.
BUSINESS
May 21, 2003

Hitachi chip may be used in euro bills

The European Central Bank is considering adopting the world's smallest integrated circuit, developed by Hitachi Ltd., to prevent forgery of euro bills, according to Hitachi sources.
BUSINESS
May 20, 2003

Business as usual at Resona branches

Operations continued as usual at Resona group banks Monday, the first day of business following the government's decision to inject the capital-starved banking group with public funds.
Japan Times
COMMUNITY
May 18, 2003

Top-floor Tokyo

It was 10:30 on a cloudy weekday morning in May, and 40-year-old Masakazu Meguro and his coworkers who make up Calcio Atleta las Manos were happily spending the morning of their precious day off to playing "futsal."
BUSINESS
May 17, 2003

Takenaka backs plan to cut insurers' guaranteed yields

Financial Services Minister Heizo Takenaka expressed support Friday for a government plan to submit a bill to the current Diet session that would allow life insurers to cut yields contractually guaranteed to policyholders.
COMMENTARY
May 17, 2003

Long march back to China

LOS ANGELES -- History is full of irony for former empires. Historians of East Asia have maintained for some time that it was the Japanese war of aggression in China in the 1930s and 1940s that eventually drove the Chinese people into the arms of the Chinese Communist Party. After that, the equally forceful...
Japan Times
BUSINESS
May 17, 2003

Lawmakers question validity of GDP data

Heavyweights in the ruling Liberal Democratic Party on Friday accused the government of misleading the public by giving primary importance to real-term figures in its release of gross domestic product data.
BUSINESS
May 17, 2003

Kajima records 28.6% decline in pretax profit

Kajima Corp. said Friday its group pretax profit fell 28.6 percent in fiscal 2002 to 25.82 billion yen, primarily due to smaller profit margins and reduced revenue from construction projects.
BUSINESS
May 17, 2003

Fuji Heavy's profit tumbles 23.7%

Fuji Heavy Industries Ltd., maker of Subaru vehicles, reported Friday a consolidated operating profit of 67.52 billion yen for the year through March 31, down 23.7 percent from fiscal 2001.
BUSINESS
May 16, 2003

Corporate bankruptcies slide for fourth month

Corporate bankruptcies fell 7.7 percent in April from a year earlier to 1,514, down for the fourth consecutive month, Teikoku Databank Ltd. said Thursday.
BUSINESS
May 16, 2003

Nissho Iwai, Nichimen report net losses

Trading houses Nissho Iwai Corp. and Nichimen Corp., which integrated their management under a holding company April 1, reported Thursday sizable group net losses for fiscal 2002.
BUSINESS
May 15, 2003

Hitachi Capital joins mortgage firm

Hitachi Capital Corp., the consumer financing arm of Hitachi Ltd., said Wednesday it has set up a joint venture with home builders Sekisui House Ltd. and Daiwa House Industry Co. to engage in the residential mortgage loan business.
BUSINESS
May 15, 2003

Mizuho eyes borrower-revival units

Mizuho Financial Group Inc. said Wednesday it will form five financial affiliates specializing in reviving feeble corporate borrowers.
BUSINESS
May 15, 2003

Kose sets sights on the Philippines

Cosmetics maker Kose Corp. said Wednesday it will sell its products in the Philippines beginning in October under an exclusive sales agency agreement with Rustan Commercial Corp., a leading retail group in that country.
BUSINESS
May 15, 2003

Casio swings back into the black

Casio Computer Co. swung back into the black in fiscal 2002 thanks to cost-cutting efforts and increased sales in its electronics business, the office equipment and consumer electronics manufacturer said Wednesday.
BUSINESS
May 14, 2003

Eisai logs net profit surge of 12.4%

Pharmaceutical maker Eisai Co. said Tuesday that its group net profit rose 12.4 percent and its group operating profit increased 4.4 percent in fiscal 2002.
BUSINESS
May 14, 2003

Nichirei sees net profit rise 28.4%

Nichirei Corp. said Tuesday its group net profit in fiscal 2002 rose 28.4 percent from the previous year, thanks to the strong performance of its processed food and food wholesale divisions.
Japan Times
CULTURE / Stage
May 14, 2003

Bulletins from life in a box

Once, people had more time to think about the meaning of life -- or its meaninglessness. Poor students brooded over their ambitions in 4 1/2-tatami rooms, undistracted by computers and 3G keitai. People dreamed of a peaceful future while huddling sheltered during the war. Long, long ago, some may have...
BUSINESS
May 13, 2003

Nippon Keidanren to back political donations

The Japan Business Federation (Nippon Keidanren) said Monday it will resume coordinating political donations from member companies and associations beginning next year.

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