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November 26, 2024
 

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BUSINESS
Nov 20, 2001

Three cooking oil producers to integrate

Nisshin Oil Mills Ltd., Japan's largest cooking oil producer, and two other companies in that field said Monday they will integrate operations on April 1 through an equity swap scheme to sharpen their competitiveness.
BUSINESS
Nov 16, 2001

Mitsubishi Heavy cuts interim losses

Mitsubishi Heavy Industries Ltd. said Thursday that aggressive cost-cutting measures sharply reduced group net losses in the first half of fiscal 2001.
BUSINESS
Nov 16, 2001

Mitsubishi Heavy cuts interim losses

Mitsubishi Heavy Industries Ltd. said Thursday that aggressive cost-cutting measures sharply reduced group net losses in the first half of fiscal 2001.
BUSINESS
Nov 14, 2001

JR West to shed 6,000 employees

West Japan Railway Co. (JR West) unveiled on Tuesday a plan to cut 6,000 employees and transfer another 3,000 parent company workers to group firms.
BUSINESS
Nov 14, 2001

Omron to intensify restructuring

Omron Corp. announced on Tuesday that it will embark on a new two-year restructuring program after chalking up consolidated net profits of 2.15 billion yen in the first half of fiscal 2001, down 73.8 percent from a year earlier.
BUSINESS
Nov 9, 2001

Marubeni's '01 outlook sours

In a dramatic reversal of fortune, Marubeni Corp. expects to post consolidated net losses of 105 billion yen for the 2001 business year after earlier projecting a 15 billion yen profit, company officials said Thursday.
BUSINESS
Nov 7, 2001

Nagasakiya to close about 30 stores

Failed supermarket chain Nagasakiya Co. will close around 30 of its 84 outlets as part of a rehabilitation program, according to company sources.
BUSINESS
Nov 7, 2001

Takeda Chemical notches 45% net profit increase in first half

Takeda Chemical Industries Ltd. said Tuesday its consolidated net profit in the first half of the 2001 business year increased 45.3 percent from a year earlier to 130.85 billion yen, due mainly to an increase in overseas sales of medicine.
Japan Times
COMMENTARY / World
Nov 6, 2001

Fighting for independence in the shadow of a Goliath

ALMATY, Kazakstan -- The phone calls started last May, after the body of an ethnic Uighur activist was found strangled and dumped in a water reservoir.
BUSINESS
Nov 2, 2001

TSE starts new life as profit-seeking stock firm

The Tokyo Stock Exchange, formerly a membership organization, started operations as a stock company Thursday in a bid to improve its worldwide competitiveness.
BUSINESS
Oct 30, 2001

Teijin, Enron begin study on electricity sales

Major textile maker Teijin Ltd. said Monday it has begun a feasibility study with the Enron group of the United States to improve the output of Teijin's private power generator and sell the excess to other corporate users.
JAPAN / INTERNATIONAL RATIONALE
Oct 25, 2001

Foreign equity funds' ways changing face of Japan Inc.

When hunting for a company to buy out, Kenji Ueda doesn't wait to be introduced. The Ripplewood Holdings LLC executive director makes his phone calls cold.
BUSINESS
Oct 16, 2001

Lawson racks up record profits

Lawson Inc., the nation's second-largest convenience store operator, reported on Monday record consolidated pretax profits of 22.45 billion yen, up 3.3 percent from a year earlier, for the first half of its business year through Aug. 31.
BUSINESS
Oct 13, 2001

New Daiwa holding firm to be set up on Dec. 12

OSAKA -- Daiwa Bank and two regional banks said Friday they have agreed on the final terms of their planned management integration, including a decision to set up a new holding company on Dec. 12.
JAPAN
Oct 12, 2001

UBC exec made a packet on client's shares

Prosecutors are investigating an executive at UBC Corp., a Tokyo data-processing company linked to the nation's largest labor union, who made huge personal gains by selling shares in a client company, sources said Thursday.
BUSINESS
Oct 11, 2001

Aeon notches new records in first-half sales and profits

Aeon Co., which runs the Jusco supermarket chain, logged record sales and pretax profits on a consolidated basis for the first half of this business year, company officials said Wednesday.
BUSINESS
Oct 6, 2001

Chuo Mitsui may be rescued

Financially troubled Chuo Mitsui Trust & Banking Co. has entered the final phase of talks to come under the management of Sumitomo Mitsui Banking Corp., sources said Friday.
BUSINESS
Oct 3, 2001

Komatsu to trim 10% of workforce

Komatsu Ltd. said Tuesday it will cut 2,200 jobs, or about 10 percent of its group domestic workforce, by March 2004.
BUSINESS
Oct 2, 2001

Sumitomo Marine, Mitsui Marine merge into No. 3 nonlife insurer

Sumitomo Marine & Fire Insurance Co. and Mitsui Marine & Fire Insurance Co. merged Monday to create the nation's third-biggest nonlife insurer.
BUSINESS
Sep 22, 2001

Asahi and Daiwa formally announce tieup plans

Asahi Bank and Daiwa Bank announced Friday that they have reached a basic agreement to join forces under a single holding company in a bid to survive as stock price tumbles eat away at their capital.
BUSINESS
Aug 23, 2001

Sansui says its pretax loss to be worse than expected

Sansui Electric Co. said Wednesday it has revised downward its forecasts for the business year to Dec. 31 to show an 80 percent surge in pretax loss compared with its projections in February.
BUSINESS
Aug 21, 2001

Fujitsu to cut 16,400 jobs worldwide

Fujitsu Ltd. announced Monday it will cut its global workforce by 9 percent, or 16,400 jobs, by the end of the fiscal year amid a global slump in the semiconductor market.
BUSINESS
Aug 18, 2001

Foreign carmakers going small to increase presence in Japan

By offering smaller, more affordable cars and increasing their visibility in the marketplace, foreign automakers are gradually increasing their presence in Japan.
BUSINESS
Aug 16, 2001

Venture capitalists bank on restructuring mood

During the heady days of the information technology boom of the late 1990s through early 2000, many foreign venture-capital firms were lured to Japan in search of Internet-related business startups.
BUSINESS
Aug 14, 2001

An 'A' for Failure

By Mark McCormack A visit to an Ivy League college to attend the graduation of his son bore an unexpected dividend for one of our agents. He was so taken by one of the speakers, a mathematics professor, that he approached him afterward about doing a book. It was an excellent example of maximizing the...
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
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’s sauna movement: Relax, refresh, repeat
Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
AI boom makes 139-year-old cable maker Japan’s hottest stock
Fujikura's headquarters in Tokyo's Koto Ward. The company's share price has surged by more than 400% this year.
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.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
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.
Corporate donations remain sticky point in political reform talks
Prime Minister Shigeru Ishiba addresses a meeting at the Liberal Democratic Party headquarters on Thursday to discuss political reform.
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.

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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