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JAPAN
Jul 4, 2004

Hot summer expected to warm up economy

Hot temperatures this summer are expected to spur consumer spending, which in turn will boost corporate earnings and give a lift to the entire economy.
BUSINESS
Jun 18, 2004

MHI, Hitachi to merge air conditioner divisions

Hitachi Ltd. and Mitsubishi Heavy Industries Ltd. said Thursday they have agreed to integrate their commercial-use air conditioning and refrigeration equipment businesses on April 1.
BUSINESS
May 28, 2004

Wholesalers prosper; retailers slide

Wholesalers saw their sales rise in April from a year earlier for the fifth straight month, while retail sales fell for the second consecutive month, the government said Thursday.
Japan Times
BUSINESS
May 27, 2004

Soaring soybean prices hurt tofu makers

A historic rise in soybean prices driven by soaring demand in China is dealing a heavy blow to Japanese makers of traditional staples such as tofu and soy sauce.
BUSINESS
May 25, 2004

Drugmakers ink merger accord

Yamanouchi Pharmaceutical Co. and Fujisawa Pharmaceutical Co. said Monday they have signed a definitive agreement to merge April 1, 2005, to create the nation's second-largest drugmaker in terms of group sales.
BUSINESS
May 12, 2004

Bandai net profit hits record 14.2 billion yen

Bandai Co. said Tuesday its net profit rose 12 percent to a record 14.21 billion yen for the year through March, with Power Rangers characters enjoying strong popularity overseas.
EDITORIALS
May 7, 2004

Oil for favors at the U.N.?

Allegations of corruption and mismanagement in the oil-for-food program administered by the United Nations in Iraq during the 1990s are not new. The attention that is being devoted to them today is. The scrutiny is long overdue. The world needs to know how Saddam Hussein manipulated this humanitarian...
BUSINESS
May 7, 2004

Teijin posts 8.45 billion yen net profit

Textile maker Teijin Ltd. said Thursday its group net balance in fiscal 2003 returned to the black due to increased operating profit.
Japan Times
JAPAN
Apr 30, 2004

Kimono makes comeback -- in used form

Every once in a while, 27-year-old Junko Nagumo and five companions visit boutiques in upmarket Tokyo districts such as Omotesando and Ginza -- not to buy trendy fashion items but to find inexpensive used kimono.
BUSINESS
Apr 29, 2004

Matsushita turned a profit in 2003; first in three years

Matsushita Electric Industrial Co. said Wednesday it returned to profit for the first time in three years in fiscal 2003, buoyed by robust sales of plasma display panel TVs and DVD recorders.
BUSINESS
Apr 29, 2004

Hitachi net profit plunges 43%

Hitachi Ltd. said Wednesday its net profit for fiscal 2003 plunged 43 percent to 15.88 billion yen due to heavier tax payments.
Japan Times
COMMUNITY
Apr 24, 2004

The Catch in publishing posters, cards, calendars

Meeting Frances Koston in May 2003 after a gap of years, she presented me with a clutch of postcards bearing beautifully printed images of early hand-tinted Japanese photographs. Just last month she came up with a collection of greeting cards of century-old textile prints, again originating in Japan....
BUSINESS
Apr 23, 2004

Kao's net profit up 4.6% in a tough 2003

Kao Corp. said Thursday its net profit rose 4.6 percent to 65.36 billion yen in fiscal 2003 for the sixth consecutive year of growth amid unfavorable market conditions at home and abroad.
COMMENTARY / World
Apr 22, 2004

Bush's blinkered nonproliferation policy

NEW DELHI -- Terrorism and weapons of mass destruction (WMD) have emerged as the two most pressing issues in international relations. Since 9/11, the United States has used the two to advance its strategic interests, linking them to reinforce international concerns about a terror-WMD nexus. This has...
BUSINESS
Apr 10, 2004

Research group foresees better year for market

The current fiscal year is expected to see the stock market in Japan supported not only by improving economic activity but also by dwindling pressure from the two main culprits behind stock weakness the previous year, according to a recent estimate by a private-sector think tank.
JAPAN
Apr 7, 2004

Nikkei tops 12,000 line amid optimism, yen fall

Tokyo stocks advanced Tuesday on growing optimism over the economy, pushing the key Nikkei index above the 12,000 line for the first time in 32 months.
BUSINESS
Mar 17, 2004

Japanese companies unfazed by specter of a stronger yuan

Economists and industry officials say a stronger yuan will probably not pose problems for most of the Japanese companies doing business in or with China.
COMMENTARY
Feb 23, 2004

Revise the antimonopoly law

Experts agree that Japan must strengthen its Antimonopoly Act, push deregulation to promote economic reform, reactivate its sluggish economy and protect consumer interests.
JAPAN
Feb 10, 2004

'Gyudon': the end of an era

Yoshinoya D&C Co. said Monday its restaurants will stop serving its mainstay bowls of "gyudon" beef on rice this week after stocks run dry due to an import ban on U.S. beef.
BUSINESS
Feb 4, 2004

Mitsubishi group, DaimlerChrysler plan MMC rescue

The Mitsubishi group and DaimlerChrysler AG of Germany are devising a 300 billion yen rescue package for Mitsubishi Motors Corp.
BUSINESS
Jan 30, 2004

Movie revenues hit record high

Movie revenues in Japan hit a record 203.2 billion yen in 2003, the Motion Pictures Producers Association of Japan said Thursday.
BUSINESS
Jan 23, 2004

Kentucky Fried Chicken sees net profit fall 19.6%

Kentucky Fried Chicken Japan Ltd. said Thursday its group net profit for the year to Nov. 30 fell 19.6 percent from the previous year to 1.11 billion yen.
BUSINESS
Jan 23, 2004

Panel OKs late-night sale of over-the-counter drugs

A study panel released a report Thursday conditionally permitting overnight sales of over-the-counter drugs under the guidance of pharmacists via videophone, ministry officials said.
BUSINESS
Jan 23, 2004

Kao expects record pretax profit

Kao Corp. said Thursday it expects to generate a record pretax profit in fiscal 2003 for the 23rd consecutive year.
BUSINESS
Jan 17, 2004

Seiyu to slash one-fifth of full-time workforce

Supermarket chain Seiyu Ltd. said Friday it will slash some 1,600 jobs, or about one-fifth of its total full-time workforce, by March 1.
BUSINESS
Jan 10, 2004

Oracle Japan sees second-half profit

Oracle Corp. Japan said Friday that its parent net profit rose 21.1 percent in the fiscal first half that ended Nov. 30 from a year earlier to 7.36 billion yen, thanks to increased sales of its mainstay database software.
Japan Times
BUSINESS
Jan 8, 2004

100 yen video games score millions for software entrepreneur

At a time when playing just one game costs 200 yen on many arcade machines, a Tokyo company is bent on offering gamers a staggering value-for-money option via its 100 yen PC game software.

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