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BUSINESS
Aug 11, 2001

MMC selects lucky early retirees

Ailing automaker Mitsubishi Motors Corp. has selected 1,382 employees aged 52 or older to participate in an early retirement program.
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.
BUSINESS
Jun 29, 2001

2,100 firms face shareholders

Some 2,100 companies across the country held general shareholders' meetings Thursday following the closing of books in March, making it the peak day for such gatherings for listed and unlisted firms, the National Police Agency said.
BUSINESS
Jun 27, 2001

More improvements to come: Ghosn

Carlos Ghosn, president of Nissan Motor Co., said Tuesday that while the automaker deserves an "A or A-plus" for its rehabilitation efforts so far, its performance has yet to match all that it is capable of.
LIFE / Travel
Jun 19, 2001

Where the trade routes cross

Fifty years ago, travelers on American roads used to watch for trucks parked by roadside diners. Most people believed that truckers knew the best places to eat, and that any restaurant with trucks parked in front of it would serve good food.
COMMUNITY
Jun 10, 2001

Home buyers seek new designs for living

Man people dream of buying a brand-new home. In Japan, realizing that dream usually means settling for a factory-made house that looks like hundreds of its neighbors or a condominium that must be paid for even before it is built.
JAPAN
May 31, 2001

DoCoMo launches trial of high-speed service

NTT DoCoMo Inc. on Wednesday launched a trial run of its third-generation mobile phone service that promises to eventually allow users to watch video transmissions on their handsets.
BUSINESS
May 29, 2001

Asahi Mutual plans out refinancing

Asahi Mutual Life Insurance Co. plans to refinance some 50 billion yen in loans from several financial institutions, including Dai-Ichi Kangyo Bank, to keep its foundation fund unchanged at 100 billion yen, company officials said Monday.
BUSINESS
May 26, 2001

Youth favors new Fuji chief

Kyoji Takenaka, the incoming president of Fuji Heavy Industries Ltd., is determined to make the company a full-fledged global player with "premium brand" vehicles.
BUSINESS
May 25, 2001

Nippon Steel profit margin jumped 137% in fiscal 2000

Nippon Steel Corp. said Thursday it posted a group net profit in fiscal 2000 of 26.49 billion yen, up by 137.1 percent.
JAPAN / INTERNATIONAL RATIONALE
May 24, 2001

Foreign managers bring change to corporate life

Takashi Sato of Mitsubishi Motors Corp. fears he may be transferred because of his poor command of English -- a potentiality that was unthinkable until last year.
JAPAN
May 10, 2001

Tax evasion nets seafood giant

The Tokyo District Public Prosecutors Office on Wednesday arrested a former senior official of Maruha Corp., Japan's seafood industry leader, on suspicion of tax evasion, prosecutors said.
BUSINESS
May 5, 2001

DoCoMo's 3G service delay raises more questions

Last week's decision by NTT DoCoMo Inc. to scale back the introduction of third generation (3G) mobile phone services confirmed the skepticism of many observers about its launch date. But it proved the company was willing to cut prices to allow more consumers to access its richer, higher-speed content....
JAPAN
Apr 4, 2001

Temp staff rise said worrisome

Workers dispatched from temporary employment agencies make up one of the fastest-growing sectors of Japan's workforce.
BUSINESS
Apr 3, 2001

Three megabanks make debut

Three new megabank groups started their operations Monday morning, raising hopes that the presence of the new entities will further accelerate the disposal of bad loans held by Japanese banks.
JAPAN
Apr 3, 2001

Majority of workers worried about jobs

The majority of workers in the Tokyo metropolitan are anxious about their employment future but are also confident in their current job situation, according to a survey released Monday by a job information and placement company.
JAPAN
Mar 30, 2001

Sumitomo women lose wage bias suit

OSAKA -- The Osaka District Court has dismissed a suit filed by three female employees of Sumitomo Chemical Co. seeking a total of 160 million yen in compensation from the company for wage differences between them and their male colleagues covering nearly four decades.
JAPAN
Mar 28, 2001

Hoya to ship glass to U.S. nuclear lab

Japanese glass maker Hoya Corp. plans to resume suspended shipments of glass slabs to the U.S. Energy Department's nuclear weapons research facility, believing the product will not lead to new nuclear development, the company said.
JAPAN
Mar 16, 2001

Sumitomo execs to pay redress for losses

OSAKA -- Former executives of trading house Sumitomo Corp. reached a court-mediated settlement Thursday on a lawsuit filed by one of its shareholders over huge losses the firm sustained due to a rogue copper trader.
BUSINESS
Mar 14, 2001

Mitsui Construction plans 20 billion yen share issue

Financially troubled Mitsui Construction Co. decided at an extraordinary board meeting Tuesday to issue 20.4 billion yen worth of new shares late this month to 11 creditor financial institutions and its mercantile arm, Sanken Corp., the company announced.
BUSINESS
Feb 28, 2001

OSE to become share-issuing firm

OSAKA -- The Osaka Securities Exchange on Tuesday formally decided to convert itself into a share-issuing company from a membership organization on April 1.
BUSINESS
Feb 28, 2001

OSE to become share-issuing firm

OSAKA -- The Osaka Securities Exchange on Tuesday formally decided to convert itself into a share-issuing company from a membership organization on April 1.
BUSINESS
Feb 6, 2001

Suntory brewing up momentum in Chinese beer market

OSAKA -- Struggling to survive in the saturated domestic market, Suntory Ltd. has stepped up its operations in China in a bid to capture the hearts of beer lovers in the world's most populous country.
JAPAN
Jan 19, 2001

Three-way merger to create second-biggest travel agency

Kinki Nippon Tourist Co. and Nippon Travel Agency, Japan's second- and third-largest travel agencies, announced Thursday that they have agreed to merge in January 2003.
BUSINESS
Jan 18, 2001

Amway Japan chief looks to raise firm's public profile, sales

In an effort to combat a decline in sales amid stagnant consumer spending, Amway Japan Ltd. President Stephen A. Robbins is determined to raise the direct selling firm's public profile by forming alliances with major Japanese companies.
BUSINESS
Jan 17, 2001

Izumiya to close nine supermarkets running at a loss

OSAKA -- Izumiya Co., a midsize supermarket operator based here, will close down nine of its 20 loss-making stores and eliminate 400 jobs by introducing an early retirement program by the end of February 2003, the company said Tuesday.
BUSINESS
Jan 16, 2001

Aramaki to assume Kirin presidency

Kirin Brewery Co. said Monday it will appoint Senior Managing Director Koichiro Aramaki, 61, as the brewery's new president.
BUSINESS
Jan 11, 2001

Daiei announces new store strategy

Troubled supermarket chain Daiei Inc. on Wednesday announced a fiscal 2001 business plan that includes realigning its corporate management system and renovating all 243 of its general merchandise and discount stores by the end of fiscal 2003.
JAPAN
Jan 8, 2001

Ajinomoto denies officials in Indonesia arrested

Ajinomoto Co., a maker of food seasoning based on monosodium glutamate, denied that six of its officials were arrested in Indonesia Saturday over allegations its products contain pork extracts, an ingredient forbidden under Muslim law.

Longform

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