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JAPAN
Mar 2, 2000

Kepco punishes VP, five other executives

OSAKA -- Kansai Electric Power Co. announced Wednesday that it has taken punitive measures against Vice President Hajimu Maeda and five other executives for announcing false test data on plutonium-uranium mixed oxide fuel, which delayed Japan's planned use of the fuel for nuclear power generation.
JAPAN
Mar 1, 2000

Advisers, clients face tax fraud complaints

Tax authorities have filed complaints with prosecutors against three business consultants and three of their clients over concealment of some 1.5 billion yen in income.
JAPAN
Feb 24, 2000

Green Cross chiefs receive prison terms for HIV scandal

OSAKA -- Three former presidents of the now-defunct Green Cross Corp. were sentenced Thursday to prison terms ranging from 16 months to two years for professional negligence resulting in death in connection with the firm's sales of HIV-tainted blood products. The Osaka District Court sentenced Renzo...
JAPAN
Feb 1, 2000

Firm to foster tots' enterprise spirit

OSAKA -- Alpha Corp., a company that dispatches baby sitters and runs nurseries in major hotels, will establish a school in Yokohama aimed at establishing the enterprise spirit in kindergarten and elementary school students, the Kyoto-based company said. Officials of the firm said classes at the new...
JAPAN
Jan 26, 2000

Fuji Bank to set up Japan's first M&A firm

Fuji Bank will become the first Japanese bank to set up a company for mergers and acquisitions, it was learned Wednesday. The new company, Fuji Capital Management, will start operations in February with an investment fund pool of 20 billion yen, industry sources said. The company will provide investment...
COMMUNITY
Jan 20, 2000

Multifaceted legacy is rock solid

The public will never know what Ronald Winston looks like. Until he dies, that is.
BUSINESS
Jan 12, 2000

Sunkus plans virtual supermarket venture

Japanese convenience store operator Sunkus and Associates Inc. said Wednesday it will set up a joint venture with five other firms from Jan. 31 to operate an e-commerce supermarket.
JAPAN
Jan 6, 2000

Seven-Eleven to open e-market with seven firms

Seven-Eleven Japan Co. said Thursday it will set up a joint venture with seven firms in February to operate an e-commerce market that will offer products ranging from books to cars. The new company, 7 dream.com, will open its Web site in June to provide online services and introduce multimedia terminals...
JAPAN
Dec 30, 1999

Credit card firms prepared for Y2K

Staff writer Despite reports from Britain detailing Y2K problems with credit cards, Japan's credit card companies, now in the midst of last-minute preparations, claim their customers have no need to worry. Even before the clock ticks over to the new year, when Y2K problems are most likely to occur,...
JAPAN
Dec 7, 1999

Ghosn pushes shared goals to revive Nissan

Staff writer Carlos Ghosn knows exactly what he wants and precisely how he is going to achieve it. Handed the massive task of turning Nissan Motor Co.'s fortunes around, the Brazilian-born executive of French car manufacturer Renault also realizes that simply cutting costs, jobs, suppliers and reducing...
JAPAN
Nov 5, 1999

Y2K fears boost cruises over New Year's

Staff writer
JAPAN
Nov 5, 1999

Profits up at shipping firms

Japan's three major shipping companies announced Friday that their unconsolidated profits increased in the first half of fiscal 1999.
JAPAN
Oct 19, 1999

Japan's biggest nonlife insurer scheduled for 2002

Marine & Fire Insurance Co., Nippon Fire & Marine Insurance Co. and Koa Fire & Marine Insurance Co. formally announced Tuesday they will form a holding company by April 2002 to create the nation's largest nonlife insurer.
JAPAN
Oct 13, 1999

Yasuda joins Direct Line on variable-risk auto insurance

Major life insurer Yasuda Mutual Life Insurance Co. and U.K.-based Direct Line Group announced Wednesday they will form a joint venture to sell automobile insurance through direct channels.
JAPAN
Oct 8, 1999

Mitsubishi, Volvo form bus-truck alliance

In the latest realignment in the global automotive industry, Mitsubishi Motors Corp. and AB Volvo of Sweden will form a strategic alliance in the field of trucks and buses that includes a capital tieup, top officials of the two firms announced Friday.
JAPAN
Aug 12, 1999

Auto sector shakeup has parts makers playing catchup

Staff writer
JAPAN
Aug 3, 1999

Nissho Iwai announces major restructuring

Nissho Iwai Corp., a major trading firm struggling under heavy financial burdens, will carry out a drastic restructuring that will halve its textile business, company sources said Tuesday.
JAPAN
Jun 29, 1999

Telecom Realignment: Rival carriers prepare to combat Goliath

Second in a five-part series on reorganizing the domestic telecommunications industry
JAPAN
May 13, 1999

Bill could enlarge temp workforce, magnify woes

Staff writer
JAPAN
May 11, 1999

Electronic music sales rocking the boat

Staff writer
JAPAN
Apr 19, 1999

In with a Bang: Allstate banks on discount edge

Last in our series on financial deregulation
LIFE / Digital / CYBERIA
Feb 17, 1999

Designing for dollars

Say what you will about Jeff Bezos, president of Amazon.com, but he is a savvy guy. He and his company may not be worth the gazillions of dollars that the market is throwing at them, but he deserves credit for making the market believe in him.
JAPAN
Jan 21, 1999

Mitsubishi Chemical to absorb Tokyo Tanabe

Mitsubishi Chemical Corp., the nation's largest comprehensive chemical firm, and Tokyo Tanabe Co., a medium-size medicine maker, announced Thursday they will merge Oct. 1, a development that could trigger a realignment of the nation's pharmaceutical industry.
LIFE / Digital / CYBERIA
Jan 20, 1999

Toys today, tools tomorrow

Cybersurfers never had it so good. The efforts of Apple's Steven Jobs to revive his legacy mean that we can order the iMac in one of five "flavors." Thanks, Steve. Bill Gates wants you to be able to go anywhere you want on the Net -- as long as Microsoft escorts you on the journey
JAPAN
Dec 21, 1998

Woman wins against Sagawa Express harassment

OSAKA -- A female employee of Sagawa Express Co. was awarded 1.1 million yen in damages Monday by the Osaka District Court for being sexually harassed by her boss.
JAPAN
Nov 6, 1998

Mitsubishi to layoff 1,000 U.S. autoworkers

Posting huge losses in midterm earnings, Mitsubishi Motors Corp. announced plans Friday to lay off about 1,000 of the 4,600 workers at two major U.S. subsidiaries as part of restructuring efforts.
JAPAN
Oct 27, 1998

Hino Motors posts 21 billion yen first-half loss

Leading truck maker Hino Motors Ltd. plunged into red ink in the first half of the current fiscal year, with sales decreasing mainly due to the Asian economic crisis and the prolonged recession in Japan, the company said on Tuesday.Unconsolidated net losses for the April-September period were reported...
JAPAN
Oct 14, 1998

Daiei reports first-half net loss of 983 million yen

Suffering from weak consumer spending and restructuring costs to close poorly performing shops, supermarket giant Daiei Inc. reported a net loss of 983 million yen Wednesday for the March-August period on a nonconsolidated basis.This is the first time the company has posted an after-tax loss in an interim...
JAPAN
Sep 22, 1998

Sumitomo Life buys into Taiheiyo

In an aggressive move to expand its financial services, Sumitomo Life Insurance Co. has purchased about 10 percent of outstanding shares in ailing Taiheiyo Securities Co. and its subsidiary Taiheiyo Investment Trust Management Co., the two companies announced Tuesday.
JAPAN
Sep 22, 1998

Oki Electric forecasts loss, announces restructuring

Oki Electric Industry Co. said Tuesday the company is likely to suffer an after-tax loss of 31 billion yen in the current business year to March 1999, due to sagging semiconductor prices and lower demand for telecommunications devices.

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