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BUSINESS
May 10, 2003

Softbank posts second net loss

Softbank Corp. said Friday its group net loss worsened in the year through March 31 due to hefty outlays to attract new subscribers to its broadband Internet service.
BUSINESS
May 2, 2003

Ricoh profit jumps 17.7% to hit record

Copier maker Ricoh Co. said Thursday its group net profit for the business year through March 31 jumped 17.7 percent to a record 72.51 billion yen.
BUSINESS
May 1, 2003

ANA fails to right '01's financial wrongs

All Nippon Airways Co. said Wednesday it failed in the year to March to rebound from the losses it suffered the year before, blaming its sluggish performance on weak consumer spending and stiff competition on prices.
BUSINESS
Apr 26, 2003

Hino Motors sees net profit decline

Hino Motors Ltd. said Friday it posted a consolidated net profit of 4.96 billion yen for fiscal 2002, down 40.7 percent from a year earlier due to valuation losses on its securities holdings amid the slumping stock market.
BUSINESS
Apr 26, 2003

Fujitsu slashes group net loss but remains in red

Fujitsu Ltd. remained in the red in fiscal 2002, posting a consolidated net loss for the second consecutive year after booking a restructuring cost of 151.49 billion yen, the firm reported Friday.
BUSINESS
Apr 25, 2003

NEC failed to post a profit again in 2002

NEC Corp. said Thursday it stayed in the red in fiscal 2002 for the second consecutive year, with a consolidated net loss of 24.56 billion yen.
Japan Times
BUSINESS
Apr 19, 2003

Daiei reports return to the black for '02

Ailing retailer Daiei Inc. reported Friday it returned to profitability in its 2002 business year due to lower restructuring costs, which weighed heavily on its earnings in the previous term.
BUSINESS
Apr 17, 2003

Fuji Heavy, Saab plan car together

Fuji Heavy Industries Ltd. and Saab Automobile AB of Sweden said Wednesday they will collaborate on the development of a new Saab vehicle and on the distribution of Saab vehicles in Japan.
BUSINESS
Apr 16, 2003

FamilyMart net profit up 50% on strategic store openings

Convenience store chain FamilyMart Co. said Tuesday its group net profit for the year through February jumped 50.7 percent from the year before to 12.88 billion yen on strong sales and reduced extraordinary losses.
COMMUNITY / Issues / THE ZEIT GIST
Apr 8, 2003

Society fiddles as young get burned

The vernacular media frequently goes tsk-tsk over crimes by juveniles. These days, people's concerns tend to be reflected through two terms: "kyoaku-ka" and "teinenrei-ka," which refer, respectively, to more violent crimes by increasingly younger perpetrators
Japan Times
BUSINESS
Mar 18, 2003

Hamburger chains trying new ways to lure back customers

Hamburger chains are shifting away from low-price strategies after cheap burgers failed to lure back customers following the outbreak of mad cow disease 1 1/2 years ago.
BUSINESS
Mar 15, 2003

Japan Inc. plotting its own war survival strategy

Japan Inc. is on high alert.
BUSINESS
Mar 14, 2003

MMC, Nissan forge Minicab deal

Mitsubishi Motors Corp. will supply its Minicab commercial vehicle to Nissan Motor Co. on an original equipment manufacturing basis, the firms said Thursday.
COMMENTARY
Mar 4, 2003

Signs of a thaw in cross-Strait relations

HONG KONG -- In a potentially significant move, China is reported to have pulled back some of its missiles along the Fujian coast facing Taiwan, something that the United States and Taiwan have been urging China to do for some time. An article in Taiwan's United Daily News on Thursday reported that "the...
BUSINESS
Mar 1, 2003

With Sogo recovering Wada takes on Seibu

Shigeaki Wada, who has successfully navigated the Sogo department store chain out of bankruptcy, began his second successive resuscitation job Friday, taking the helm of now troubled Seibu Department Stores Ltd.
Japan Times
COMMUNITY
Feb 23, 2003

Trade at your fingertips

The Japanese term for "do it yourself" is nichiyo daiku, which literally means "Sunday carpentry," though the usage of the term suggests an activity more related to recreation and leisure than making improvements or doing repairs.
BUSINESS
Feb 6, 2003

Matsushita missed boat on camera phones: exec

Matsushita Electric Industrial Co. missed its goal of capturing 25 percent of Japan's cellular phone market because of its late introduction of camera phones, the head of the company's mobile communications unit said. Panasonic brand cell phones finished 2002 with less than 20 percent of the domestic...
BUSINESS
Feb 5, 2003

Sumitomo posts 24.4% profit rise

Sumitomo Corp. said Tuesday it chalked up a group net profit of 36.62 billion yen for the April-December period, up 24.4 percent from the same period a year earlier.
BUSINESS
Feb 4, 2003

Mitsubishi Electric sees profit surge

Mitsubishi Electric Corp. said Monday its business group posted a net profit of 1.1 billion yen during the October-December term, a turnaround from a net loss of 38.4 billion yen in the same period a year earlier.
Japan Times
JAPAN
Jan 21, 2003

Alleged swindler pleads innocent

The founder of an investment group pleaded not guilty Monday to swindling individuals out of more than 1 billion yen through a bogus investment scheme promising high dividends.
CULTURE / Music / J-POPSICLE
Jan 19, 2003

Independent music was the smart alternative in '02

2002 was not a vintage year, to put it mildly, for the Japanese music industry. Sales of CDs were down for the fourth straight year, and just one single -- female vocalist Ayumi Hamasaki's "H" (Avex) -- topped the million-sales mark during the year, compared with five in 2001.
Japan Times
COMMUNITY
Jan 12, 2003

Shopping queen shelves host 'illusion'

Popular writer Usagi Nakamura is known to many Japanese as "Shoppingu no Joo (The Queen of Shopping)," which is also the title of her popular column in the weekly magazine Shukan Bunshun. Nakamura, 44, who describes herself as "shop dependent," writes frankly about how she impulsively purchases luxury...
COMMENTARY
Jan 6, 2003

Time to rock economic boat

After remaining in the doldrums for more than 10 years, the Japanese economy is now plagued by deflation. The Tokyo Stock Exchange's benchmark Nikkei index has fallen to the 8,500 level, and the nation's unemployment rate remains high. Last fall the government announced a policy package for expediting...
Japan Times
COMMUNITY
Dec 22, 2002

Home sweet family Christmas

It's almost Christmas, and children all over the world are getting more excited with each passing day, dreaming and chattering about what presents will await them on Christmas morning.
BUSINESS
Nov 29, 2002

Yanase to hand import rights on two cars over to GM unit

Yanase & Co., a car dealer specializing in foreign vehicles, said Thursday it will transfer the import rights relating to two foreign car makes to the Japanese unit of U.S. auto giant General Motors Corp.
BUSINESS
Nov 29, 2002

Konami turns in strong performance

Major game maker Konami Corp. said Thursday it posted strong earnings for the fiscal first half and more than doubled its midterm dividend.
BUSINESS
Nov 29, 2002

Cigarette tax examined as reform item

A tax hike on cigarettes is being considered as part of tax reforms for fiscal 2003, Chief Cabinet Secretary Yasuo Fukuda said Thursday.
BUSINESS
Nov 26, 2002

Kumagai Gumi, Hazama report plunges in profits

Midsize general contractors Kumagai Gumi Corp. and Hazama Corp. on Monday reported sharp declines in sales and profits for the first half to Sept. 30, blaming a shrinking construction market and mounting debts.
BUSINESS
Nov 23, 2002

Snow sees 45 billion yen loss in first half

Snow Brand Milk Products Co. said Friday it posted a group net loss of 45.36 billion yen for the first half of this business year, due largely to hefty restructuring charges aimed at reviving the ailing dairy giant.
JAPAN
Nov 22, 2002

Beaujolais Nouveau imports likely to establish new record

Imports of Beaujolais Nouveau are climbing toward a record high this year thanks to aggressive marketing campaigns by importers.

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