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November 26, 2024
 

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Japan Times
LIFE / Food & Drink
Apr 24, 2009

After Tokyo, the Michelin Guide heads to Kansai

Speaking last week about Michelin's decision to release its Kyoto/Osaka dining guide this October, Jean-Luc Naret punctuates his sentences with the practiced smile of a man who has worked in the hospitality industry for a long time. If sales of the Tokyo Michelin Guide are anything to go by, there's...
Japan Times
LIFE / Food & Drink
Apr 24, 2009

Sake goes abroad, brings back fans

Times are tough for the sake industry. Gone are the days when Japan's once-beloved national beverage held a place at every table; now, in a market flooded with beer, wine and shochu, sake struggles to compete. Domestic consumption has fallen every year since 1995, hitting a record low of 700,000 kiloliters...
BUSINESS
Apr 24, 2009

Kirin furthers Australia expansion with offer for Lion Nathan shares

Kirin Holdings Co. has offered to buy the 54 percent of Lion Nathan Ltd. it doesn't already own, accelerating its push into Australia to counter falling beer sales at home. The country's largest beverage maker hasn't decided how much to pay for the stake, valued at 2.4 billion Australian dollars (¥165...
BUSINESS
Apr 17, 2009

Taiheiyo sees cement market recovery in '10

Taiheiyo Cement Corp., Asia's largest producer, expects its business in the U.S. to recover next year, one year earlier than previously anticipated, as the Obama administration's economic stimulus plan boosts sales.
BUSINESS
Apr 10, 2009

Nintendo aims to turn DS device into learning tool, guide

Nintendo Co. said Thursday it will soon introduce a service that teachers can use to send quizzes and other school assignments from their personal computers to students who have the game giant's DS hand-held console.
BUSINESS
Mar 27, 2009

New Crown Majesta goes on sale

Toyota Motor Corp. introduced Thursday a redesigned version of the Crown Majesta luxury sedan to help stem a drop in domestic sales.
Japan Times
BUSINESS
Mar 27, 2009

Slump hits demand for haute couture

The first model to walk the runway during Japan Fashion Week strutted her stuff in the nude. She was also a robot — a high-tech gimmick in a fashion world struggling to retain attention as the global economy staggers through recession.
BUSINESS
Mar 18, 2009

Mazda, unable to sell bonds, to seek government bailout

Mazda Motor Corp., burdened with the second-worst credit rating among Japan's carmakers and a 62 percent surge in short-term borrowing this fiscal year, plans to apply for government aid as it consumes cash.
Japan Times
BUSINESS
Mar 7, 2009

Steeped in tradition, Moleskine notebooks make mark in Japan

Moleskine notebooks, which trace their roots to the paper pads artists and writers turned to for decades, saw their sales in Japan in 2008 hit ¥500 million, or 10 times what they took in when Tokyo-based Qahwa Ltd. began distributing the brand here in 2005.
BUSINESS
Mar 7, 2009

Toyota suppliers taking hit

Toyota Motor Corp.'s production cuts will cause bankruptcies among suppliers if the government restricts aid to large manufacturers, a car parts group said.
Japan Times
BUSINESS
Feb 14, 2009

Panasonic asks managers to buy

Panasonic Corp., which aims to cut 15,000 jobs as it faces its first net loss in six years, has asked domestic managers to buy company products worth at least ¥100,000 to boost sales.
COMMENTARY
Feb 10, 2009

Consumption amid constraints

During the period of Japan's rapid economic growth — from 1958 to 1973 — the three items that households yearned for most were a black-and-white TV set, washing machine and refrigerator. By 1965, when more than 80 percent of households had these items, the next targets for purchase were a color TV,...
BUSINESS
Feb 5, 2009

MMC to lose ¥60 billion; Mazda ¥13 billion in red

Mazda Motor Corp. and Mitsubishi Motors Corp. forecast losses for this business year as the global recession dampens demand for cars.
BUSINESS
Feb 3, 2009

Honda to slash managers' salaries 5% through May

Honda Motor Co. said Monday managers' salaries will be slashed 5 percent starting next month to cope with sliding sales. The cut comes on top of the 10 percent pay reduction for directors announced last month.
Japan Times
BUSINESS / TAKING A CHANCE
Feb 3, 2009

Globe maker president on top of the world

Terrestrial globes of various sizes fill the third floor of Watanabe Kyogu Co., manufacturer of globes and astronomy education materials in Soka, Saitama Prefecture.
BUSINESS
Feb 3, 2009

Daihatsu cuts profit

Daihatsu Motor Co. said Monday it cut its full-year profit forecast because the global recession is dampening vehicle demand and the stronger yen is eroding the value of overseas sales.
Japan Times
BUSINESS
Jan 21, 2009

Toyota names president from founder's family

Toyota Motor Corp. said Tuesday that Executive Vice President Akio Toyoda, a member of the founder's family, will be promoted to president in June to lead Japan's biggest automaker amid the global economic turmoil.
BUSINESS
Jan 21, 2009

Toyoda family scion got to the top fair and square

Akio Toyoda, 52, heir apparent to Japan's biggest automaker, may have the founding family's blood running through his veins but was not spoiled in any way as he steadily climbed the corporate ladder, a journalist said Tuesday.
BUSINESS
Jan 17, 2009

Fuji Heavy forecasts first loss in 15 years on recession, strong yen

Fuji Heavy Industries Ltd., the maker of Subaru-brand cars, said Friday it forecasts the first loss in 15 years, as the global recession decimates demand for new cars and a strong yen erodes overseas sales.
Japan Times
BUSINESS
Jan 16, 2009

Yoshinoya to open 100 outlets as recession bites food budgets

Yoshinoya Holdings Co., Japan's largest chain of beef-bowl restaurants, plans to add a record 100 outlets in its home market next fiscal year as demand for budget meals increases from recession-hit consumers.
COMMENTARY
Jan 12, 2009

Darkest hour is just before green

The impact of the current global financial crisis, which originated with U.S. subprime loans and was exacerbated by the collapse of Lehman Brothers last September, has gone far beyond the financial markets, as entire economies are now suffering from sharp declines in demand due to tighter reins on credit,...
BUSINESS
Jan 9, 2009

Toyota cut output and now takes aim at pay

Toyota Motor Corp. said Thursday it is negotiating with its workers in Japan to slash salaries as it stops production to adjust to slumping global demand.
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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