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BUSINESS
Apr 6, 2002

Mitsubishi to sell U.S. cancer test

Mitsubishi Chemical Corp. will begin domestic sales of a U.S.-made screening device for cervical cancer in mid-April, company officials said Friday.
JAPAN
Apr 6, 2002

Computer glitches cripple transactions at Mizuho

Mizuho Financial Group, the world's largest banking group, confirmed Friday that it has a backlog of at least 2.5 million incomplete transactions due to computer system glitches.
BUSINESS
Apr 5, 2002

Tepco ready for market liberalization

Tokyo Electric Power Co. is ready to accept full liberalization of the power market, company president Nobuya Minami said Thursday.
BUSINESS
Apr 5, 2002

Komatsu, Volvo announce tieup

Komatsu Ltd. said Thursday it has reached a basic agreement with a Belgium-based construction equipment unit of Sweden's AB Volvo to jointly produce and develop construction equipment components.
BUSINESS
Apr 5, 2002

Asahi Mutual's new policy contracts see 17% increase

Struggling Asahi Mutual Life Insurance Co. said Thursday the number of new policy contracts in the 2001 business year is estimated to have grown 17 percent due to brisk sales of new products.
BUSINESS
Apr 5, 2002

Builder Nissan to repay small claims

Failed Nissan Construction Co. unveiled a plan Thursday committing itself to the repayment of small liabilities of up to 2 million yen.
BUSINESS
Apr 4, 2002

Nippon Steel in talks over unit merger

Nippon Steel Corp. is engaged in final negotiations with its two group firms on the proposed merger of the units this business year, informed sources said Wednesday.
BUSINESS
Apr 4, 2002

Mitsubishi Chemical sets up medical ethics think tank

Mitsubishi Chemical Corp. said Wednesday it has set up in Kawasaki the nation's first private think tank to specialize in the ethics of life and medical care.
BUSINESS
Apr 4, 2002

Asahi, Maxxium reach liquor deal

Asahi Breweries Ltd. said Wednesday it has reached a basic agreement with Dutch liquor wholesaler Maxxium Worldwide to acquire the exclusive rights to sell Remy Martin and other premium spirits on the Japanese market, excluding Okinawa.
LIFE / Digital / NAME OF THE GAME
Apr 4, 2002

Better to skip this 'adventure' and just go to Osaka

You've probably already been inundated with news that Universal Studios opened a theme park last year in Osaka. If you have any interest in seeing that park, do not try to preview it with "Universal Studios Theme Park Adventure" (UA), a relatively new game for the Nintendo GameCube published by a company...
JAPAN
Apr 3, 2002

Man dies following sex-change operation

OSAKA -- A 35-year-old man from Tokyo died several hours after undergoing a sex-change operation in February at an Osaka clinic suspected of malpractice, sources close to the case said Tuesday.
Japan Times
CULTURE / Music / HIGH NOTES
Apr 3, 2002

Reverend Horton Heat: 'Lucky 7'

Honky-tonks, hot rods and a half-dozen bottles of bourbon. Welcome to the wild and woolly world of the Reverend Horton Heat. It's been 10 years, four record labels and endless gallons of booze and premium unleaded since the good Reverend (aka Chris Heath) first introduced us to his blistering brand of...
BUSINESS
Apr 3, 2002

Yozan to offer fast mobile Net access

Yozan Inc., a Tokyo-based mobile technology venture, said Tuesday it will start providing broadband mobile Internet access of up to 8 megabits per second in the fall after setting up 4,000 antenna bases across Tokyo.
Japan Times
CULTURE / Music / J-POPSICLE
Apr 3, 2002

Still chasing their dream

And then there were two . . . Dreams Come True keyboard player Takahiro Nishikawa's announcement on March 24 that he had left the pop trio wasn't all that surprising. For a long time Nishikawa had been very much the odd man out in the DCT lineup, especially after his involvement in a car accident a few...
BUSINESS
Apr 3, 2002

Ikea to begin massive Japan crusade in summer

Swedish furniture giant Ikea plans to launch operations in Japan this summer, marking what a representative of the firm has described as the "biggest greenfield foreign investment ever made in Japan."
Japan Times
Events
Apr 2, 2002

'Eco-building' offers green example

KYOTO -- The three-story building in Fushimi Ward looks no different from other buildings, but it is an "eco-building" that provides environmental education for visitors.
BUSINESS
Apr 2, 2002

'Tankan' report shows gloom lifting among big manufacturers

The decline in corporate sentiment among large manufacturers slowed for the first time in five quarters but remains weak overall, according to the Bank of Japan's quarterly "tankan" survey released Monday.
BUSINESS
Apr 2, 2002

Sumitomo, U.S. firm settle over copper-trading lawsuit

Trading house Sumitomo Corp. said Monday it has reached an out-of-court settlement with J.P. Morgan Chase & Co. over unauthorized copper trading by a former Sumitomo employee.
BUSINESS
Mar 30, 2002

UFJ Holdings anticipates net loss of 1.2 trillion yen

UFJ Holdings Inc. said Friday that it expects to post a consolidated net loss of 1.2 trillion yen for the 2001 business year, which ends this month, up from the loss of 600 billion yen forecast in November.
BUSINESS
Mar 29, 2002

DVD makers give Chinese deadline for royalty talks

Six Japanese and U.S. makers of DVD players have given Chinese firms in the audio equipment industry until Sunday to enter into negotiations over paying patent royalty fees for DVD production.
BUSINESS
Mar 29, 2002

Japan Telecom forges alliance with Qwest

Japan Telecom Co. said Thursday it has agreed with Qwest Communications Corp. of the United States to jointly offer international data communications network services in Japan, the U.S. and Europe.
EDITORIALS
Mar 28, 2002

A fairer tax system needed

Two years ago the Tokyo Metropolitan Government imposed a controversial tax on large banks doing business in the capital, with business size, not income, as the standard. Twenty-one banks (now 18 due to reorganization) filed a lawsuit seeking repeal of the tax. On Tuesday the Tokyo District Court ruled...
BUSINESS
Mar 28, 2002

Three electric cable makers to merge

Sumitomo Electric Industries Ltd. and two other electric cable makers said Wednesday they have reached a basic agreement to integrate operations to overcome a slump in demand.
Japan Times
BUSINESS
Mar 27, 2002

DaimlerChrysler man to head MMC

DaimlerChrysler AG's representative to its partner Mitsubishi Motors Corp. will take over the presidency of the Japanese carmaker from Takashi Sonobe, MMC sources said Tuesday.
Japan Times
CULTURE / Music / J-POPSICLE
Mar 27, 2002

Groove is in the House

Ambitious is the word that comes to mind when looking at the publicity material for the inaugural New York-Tokyo Music Festival. Scheduled to take place in the Big Apple May 23-26, the event will feature live performances by a variety of Japanese artists, including Towa Tei, Ken Ishii and Mondo Grosso....
BUSINESS
Mar 27, 2002

Asahi Kasei, Dupont unit ink pact

Asahi Kasei Corp. and a unit of U.S.-based DuPont on Tuesday said they will set up a joint venture in China to produce polyacetal, a resin often used in automobile parts.
COMMENTARY
Mar 26, 2002

Getting tough on bid rigging

Japanese newspapers are awash with scandals over bidding for public works projects. Japan's construction industry, which accounts for more than 10 percent of the nation's employed workers, is the world's largest. It is unconscionable that this important industry has become a hotbed of collusion among...
BUSINESS
Mar 26, 2002

MMC to break even this business year: COO

Mitsubishi Motors Corp. will break even in the current business year, which ends Sunday, chief operating officer of the automaker said Monday.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?