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SOCCER / World cup
Apr 12, 2002

Japan-Sweden tickets to go on sale

Ticket phone booking for the Japan-Sweden World Cup warmup match, slated for May 25 at Tokyo's National Stadium, will start for registered members of the "FamilyMa Club," a membership ticket service system, from 10 a.m. April 16 to 6 p.m. on April 21 before opening sales up to the general public May...
BUSINESS
Apr 6, 2002

Mining firms eye alliance on copper

Nippon Mining & Metals Co. and Mitsui Mining & Smelting Co. said Friday they will soon begin talks to fully integrate their copper operations by expanding their ongoing alliance to cover production.
BUSINESS
Apr 2, 2002

Toyota aims for 15% global share by early 2010s

Toyota Motor Corp. said Monday it is aiming for a global market share of about 15 percent by the early part of the decade beginning in 2010.
BUSINESS
Mar 29, 2002

Snow Brand announces plan

Snow Brand Milk Products Co., the parent company of scandal-hit Snow Brand Foods Co., announced Thursday an outline of its restructuring plan that includes capital tieups with trading house Itochu Corp. and the National Federation of Agricultural Cooperative Associations (Zen-Noh).
BUSINESS
Mar 28, 2002

Mitsubishi, Nissho Iwai to combine steel operations

Trading houses Mitsubishi Corp. and Nissho Iwai Corp. said Wednesday they will set up a joint venture Oct. 1 to integrate their steel businesses.
BUSINESS
Mar 27, 2002

Honda bucks declines in local market

Honda Motor Co. reported an 18.8 percent year-on-year gain in domestic sales in February for a second consecutive monthly rise, but the four other big Japanese automakers continued to post declines, according to data released Tuesday by the companies.
BUSINESS
Mar 23, 2002

Mitsubishi Materials plans to sell Osaka's OAP Towers

Mitsubishi Materials Corp. plans to sell its 50 percent stake in OAP Towers, a building in Osaka, to a company outside its group, the company said Friday.
BUSINESS
Mar 21, 2002

FSA scolds firms over short selling

The Financial Services Agency on Wednesday ordered five securities houses to improve their business practices regarding short selling.
BUSINESS
Mar 20, 2002

Nippon Suisan to post 16 billion yen loss

Nippon Suisan Kaisha Ltd., Japan's second-largest seafood supplier, said Tuesday it anticipates parent-only net losses of 16 billion yen for the 2001 business year to March 31, a reversal from earlier forecast profits of 1.7 billion yen.
BUSINESS
Mar 14, 2002

Furukawa Electric to see red for '01

Furukawa Electric Co. said Wednesday it expects to fall into the red in fiscal 2001 as the slump in information technology businesses in North America affected sales of the company's fiber-optic products.
BUSINESS
Mar 2, 2002

Toshiba and Mitsubishi to set up power venture

Toshiba Corp. and Mitsubishi Electric Corp. said Friday that they have agreed to set up a joint venture in April to integrate their electric power transmission and distribution businesses.
BUSINESS
Mar 2, 2002

Mitsui to increase stake in affiliate

Mitsui Fudosan Co. said Friday it will make its affiliate Mitsui Real Estate Sales Co. into a wholly owned subsidiary on Oct. 1 through a share-swap scheme.
BUSINESS
Mar 1, 2002

Hitachi expects bigger net loss for fiscal 2001

Hitachi Ltd. said Thursday it anticipates a consolidated net loss of 480 billion yen for the 2001 business year, up from 230 billion yen forecast in October.
Japan Times
JAPAN
Feb 26, 2002

Supermarket has no beef about providing information

Retailer Aeon Co. has installed a computer system at a supermarket in Kanagawa Prefecture that tells consumers about the beef it sells, including data on mad cow disease tests, the company said.
BUSINESS
Feb 19, 2002

Kyowa Hakko to sell all liquor units to Asahi

Kyowa Hakko Kogyo Co., a major manufacturer of fermented chemicals, has agreed to sell off its alcoholic beverage operations, which have accounted for roughly a quarter of its consolidated sales, to Asahi Breweries Ltd., the two companies said Monday.
BUSINESS
Feb 16, 2002

Fujita seeks integration with Mitsui-Sumitomo

As banks and the government desperately work to solve the issue of mounting problem loans, many of which were extended to the construction industry, financially troubled contractor Fujita Corp. said Friday that it plans to merge its key construction division with Mitsui Construction Co. and Sumitomo...
BUSINESS
Feb 16, 2002

Asahi Mutual to cut stock losses

Asahi Mutual Life Insurance Co. said Friday it will raise 150 billion yen and cut its shareholding losses by 400 billion yen by March 31 in a bid to regain customer trust and stop policy cancellations.
Japan Times
JAPAN / WORKING IT OUT
Feb 7, 2002

Early retirement, outplacement, or just pink slip?

Makoto Kawamura, 51, felt he had few options left when the medium-size life insurer he worked for collapsed and a U.S. firm took over management.
BUSINESS
Feb 6, 2002

Key economic index goes bust for entire year

Japan's key economic index came in below 50 percent in December -- its 12th consecutive month under the boom-or-bust line -- as weak consumption and severe unemployment continued to weigh down the economy, the government said Tuesday in a preliminary report.
BUSINESS
Feb 1, 2002

Tokio, Asahi Mutual scrap tieup

The merger of Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co.'s life insurance businesses, touted for March 2003, has been scrapped. The decision, reached during a meeting Thursday morning between Tokio Marine President Kunio Ishihara and Asahi Mutual President Yuzuru Fujita, has...
BUSINESS
Feb 1, 2002

Kinki tourism firm hit by terror fears

OSAKA -- Kinki Nippon Tourist Co. said Thursday that fiscal second-half sales in western Japan of its Holiday brand overseas package tours are likely to drop 39 percent from a year earlier.
BUSINESS
Jan 30, 2002

Contractors Sumitomo, Mitsui eye integration

Sumitomo Construction Co. and Mitsui Construction Co. admitted Tuesday that they are discussing integration of their management.
JAPAN
Jan 25, 2002

Meiji Life to merge with Yasuda Mutual

Meiji Life Insurance Co. and Yasuda Mutual Life Insurance Co. announced plans Thursday to merge by April 2004, putting the heat on other life insurers to follow suit in a bid to survive share price plunges, cutthroat competition and a decline in policyholders.
BUSINESS
Jan 12, 2002

Ailing Daiei looks to unload baseball team, dome

Troubled Daiei Inc. is planning to sell a majority of its shares in the Fukuoka Daiei Hawks baseball team and its ballpark, the Fukuoka Dome, as part of efforts to reduce its massive interest-bearing debts, according to company sources.
BUSINESS
Jan 11, 2002

Foreign investors do U-turn

Foreign investors remained net buyers of Japanese stocks in 2001, but their buying excess visibly tapered off in the second half of the year.
BUSINESS
Jan 10, 2002

Key economic gauge remains below boom-or-bust line

The key gauge of the state of the economy remained below the boom-or-bust line of 50 percent in November for the 11th straight month due to persistently weak production and severe unemployment, the government said Wednesday in a preliminary report.
BUSINESS
Jan 9, 2002

Uniqlo earnings outlook is revised downward

The operator of the Uniqlo casual clothing store chain said Tuesday it has revised downward its earnings forecast for the current business year due to significant declines in sales.
BUSINESS
Jan 5, 2002

Mazda lets buyers fine-tune Roadster

If you are a fan of Mazda Motor Corp.'s Roadster, shopping for your next new car might be a little different than what you expect.

Longform

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