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November 27, 2024
 

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Japan Times
BUSINESS
May 27, 2006

Internships popular with companies, universities

The nation's universities and companies have taken a cue from the West and are increasing their participation in internship programs, which are being praised for not only motivating future workers but also for giving them a leg up in real-world job skills.
JAPAN
May 26, 2006

Canon exits film cameras amid digital dominance

Following in the footsteps of camera giants Nikon Corp. and Konika Minolta Holdings Inc., Canon Inc. will stop developing new film-based camera products because of the shrinking analogue market and dramatically growing digital demand, the company's president said Thursday.
BUSINESS
May 25, 2006

Sompo Japan president to resign amid scandals

Sompo Japan Insurance Inc. President Hiroshi Hirano announced Wednesday that he will become chairman in late June after being replaced by Managing Director Masatoshi Sato as the company deals with scandals that have drawn sanctions from the government.
BUSINESS
May 24, 2006

Banks OK for now but long-term strategy needed

Buoyed by a wide-ranging recovery and a massive one-time gain caused by reductions in loan-loss reserves, the nation's top banking groups have reported record-breaking profits for the 2005 business year ended in March.
Japan Times
BUSINESS
May 23, 2006

Profits up for megabanks

Mitsubishi UFJ Financial Group Inc. earned a net profit of more than 1 trillion yen in the 2005 business year while competitor Mizuho Financial Group Inc. booked a record-high net profit, according to earnings reports released Monday by Japan's top two banks.
BUSINESS
May 19, 2006

Sales slump fuels record Sanyo group loss

Struggling home appliance maker Sanyo Electric Co. reported a record group net loss of 205.6 billion yen for the business year that ended in March, due to falling sales and losses incurred in corporate restructuring, the company said Thursday.
BUSINESS
May 3, 2006

Legal provisions targeting 'paper companies' a worry for foreign firms

Before the new Corporate Law took effect Monday, one article was viewed with a wary eye by foreign-affiliated firms: No. 821.
JAPAN
May 2, 2006

Female, elderly entrepreneurs on the rise as society grays

The number of women and elderly people preparing to start new businesses has been rising amid the aging of the population and consequent decrease in the number of small and midsize companies as their owners retire, a recent government report says.
BUSINESS
May 2, 2006

New Corporate Law sets stage for LLCs, M&As

The new Corporate Law took effect Monday, setting a legal basis for business activities. The law eases restrictions on company management, aiming to give them a freer hand in decision-making and encouraging entrepreneurialism.
BUSINESS
Apr 27, 2006

Honda achieved record 597 billion yen profit in '05

Honda Motor Co. said Wednesday that it logged a record consolidated net profit of 597.03 billion yen on record sales of 9.91 trillion yen for the business year that ended March 31, thanks to strong auto sales in North America and Europe.
JAPAN
Apr 21, 2006

BOJ staff seen traveling on cheap, getting reimbursed in full

The Bank of Japan has overpaid on domestic air travel expenses claimed by many of the 2,150 employees at its head and branch offices since fiscal 1999, officials admitted Thursday after the Board of Audit reportedly ordered it to correct the practice.
Japan Times
BUSINESS
Apr 15, 2006

FSA orders suspension at Aiful

The Financial Services Agency said Friday it has ordered consumer finance firm Aiful Corp. to suspend most operations at its 1,700 outlets for three to 25 days over the use of strong-arm collection tactics.
BUSINESS
Apr 4, 2006

Manufacturers' confidence takes surprising drop

Confidence among major manufacturers dropped unexpectedly -- albeit slightly -- in the first quarter of the year due to high oil prices, marking the first decline in four quarters, according to the Bank of Japan's closely watched "tankan" survey released Monday.
Japan Times
BUSINESS
Apr 4, 2006

Top chains go toe-to-toe in discount apparel push

Large supermarkets that handle general merchandise are beefing up their marketing strategies, including developing own-brand goods, in response to the popularity of Uniqlo, GAP and other clothing specialty stores.
JAPAN
Mar 31, 2006

Accountants helped fake Livedoor figures: SESC

The Securities and Exchange Surveillance Commission filed a criminal accusation with prosecutors Thursday against two accountants it alleges knowingly certified a falsified financial report by Internet firm Livedoor Co.
JAPAN
Mar 23, 2006

NEC Engineering exec scammed 50 million yen: firm

A 50-year-old employee at NEC Engineering Ltd. stole about 50 million yen from the company by falsifying business transactions worth a total of 36.3 billion yen from March 2002 to last December, NEC Corp. alleged Wednesday.
Japan Times
Events / Events Outside Tokyo
Mar 17, 2006

Curtain rises on Tokyo International Anime Fair

From popular TV series and unreleased work to cutting-edge production technology, everything the domestic animation industry has to offer will be at the 5th Tokyo International Anime Fair 2006, from March 23 to 26 at the Tokyo Big Sight.
Japan Times
COMMUNITY
Mar 4, 2006

Investor, philanthropist gives new name to jet set

It is 7:30 a.m. and Takaaki Kawashima has less than one hour to spare before leaving for Narita airport. He's due to take a midday flight to London, arriving in time for dinner with Prince Charles, Camilla and a small group of intimates at Clarendon House. He will leave for Japan again Friday morning,...
Japan Times
BUSINESS
Mar 2, 2006

Management strife threatens JAL's dominance

Internal struggles have long been the norm at Japan Airlines Corp., but the management row that surfaced in February goes beyond the usual factional strife.
COMMUNITY / How-tos / LIFELINES
Feb 28, 2006

Poison, vendors and tai chi

Dangerous G wonders (somewhat bizarrely) where to begin inquiring about where people go to find poisons for the purpose of suicide. "I would appreciate some suggestions for the heroine of a story I'm planning to write."
BUSINESS
Feb 16, 2006

Four directors at JAL seek Shinmachi's ouster

Four members of the Japan Airlines Corp. board want JAL President Toshiyuki Shinmachi and two other top executives out, JAL said Wednesday, amid a revolt highlighting tensions within the nation's top air carrier.
BUSINESS
Feb 4, 2006

Hitachi operating profit rises 14%

Hitachi Ltd. said Friday its operating profit for the October to December quarter rose 14 percent to 39.14 billion yen, as strong plant and equipment, and social infrastructure investments by customers domestically and overseas boosted its industrial business.
EDITORIALS
Feb 3, 2006

A way of looking at profits

Mr. Takafumi Horie, the 33-year-old maverick businessman who built the Livedoor Co. empire from scratch, has entered the most difficult phase of his life, confined to sleep in an unheated, three-mat cell in the Tokyo Detention House -- a world apart from his posh Roppongi Hills residence. The criminal...
BUSINESS
Jan 31, 2006

Canon made record net of 384 billion yen in 2005

Canon Inc. said Monday its net profit rose 12 percent to a record 384.1 billion yen in 2005, thanks to strong sales of digital cameras and color laser printers.
EDITORIALS
Jan 31, 2006

The future of local post offices

Japan Post has announced a "master plan to reform postal offices" as the process of privatizing the mammoth state-run entity of 260,000 employees is set to begin in October 2007. The focus of the plan is the reform of the specially designated tokutei post offices, which account for three-fourths of the...
Japan Times
BUSINESS
Jan 28, 2006

No single recipe for facing challenges of globalization

T here are multiple ways for companies to stay competitive in a globalized world, and even firms in what are often perceived as sunset industries have the potential for success, scholars and business executives said at a recent symposium in Tokyo.
Japan Times
JAPAN
Jan 12, 2006

Bleak times for bridge builders

This winter is proving to be a bitter one for people across the country battling heavy snows. It is also a dark time for the firms whose decades of rigging bids for bridge construction was exposed.
BUSINESS
Jan 12, 2006

Workers hopeful as Nippon Keidanren gives nod to wage hikes

As the economy starts to pick up, workers can expect to see their first wage increases in a long time as the Japan Business Federation (Nippon Keidanren), the nation's most powerful economic organization, is poised to allow such raises.
BUSINESS
Jan 6, 2006

Bic Camera to turn Sofmap into subsidiary for 2 billion yen

Bic Camera Co. will acquire an absolute majority of outstanding voting shares in Sofmap Co., an electric appliance retailer with strength in purchasing and selling used personal computers, for 2 billion yen next month, the two firms said Thursday.
Japan Times
JAPAN
Jan 5, 2006

BTMU debut as world's top bank wasn't without a hitch

Bank of Tokyo-Mitsubishi UFJ, the world's largest bank, formed through the merger of two major Japanese financial groups, opened for business Wednesday with a ribbon-cutting ceremony at the company's Tokyo headquarters.
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.
Trump pledges 25% tariffs on Canada and Mexico, and more levies on China
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19. Trump on Monday threatened to slap China, Mexico and Canada with hefty tariffs upon his return to the White House.
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’s sauna movement: Relax, refresh, repeat
Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Kotozakura unburdened by weight of history after claiming first title
Kotozakura speaks during a news conference in Fukuoka on Monday
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.
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.
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.
Rayssa Leal and Chloe Covell on Japan’s teen skaters: We are friends, not rivals
Brazil’s Rayssa Leal celebrates after winning the women's Street League Skateboarding competition on Saturday in Tokyo.
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
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