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EDITORIALS
May 20, 2005

A cautiously optimistic view

On the face of it, Japan's economy appears headed for a full-fledged recovery. In the first quarter of 2005, the gross domestic product (GDP) grew 1.3 percent from the previous quarter, or 5.3 percent in annualized terms, according to the Cabinet Office. It was the first solid quarterly growth since...
BUSINESS
May 20, 2005

Chinese exec foresees a rosy future

Despite recent anti-Japan demonstrations in China, business relations between the two neighbors will eventually deepen and expand in a mutually beneficial way, a Chinese business executive predicted Thursday.
BUSINESS
Apr 28, 2005

Shiseido posts a net loss of 8.86 billion yen

Shiseido Co. said Wednesday it posted an 8.86 billion yen net loss for the year that ended in March, after booking hefty restructuring costs including an early retirement package.
BUSINESS
Apr 28, 2005

Sony net profit skyrockets 85%

Sony Corp. said Wednesday its consolidated net profit for fiscal 2004 surged 85.1 percent to 163.84 billion yen, thanks to a strong performance by its movie unit.
EDITORIALS
Apr 15, 2005

Road to corporate turnaround

The Industrial Revitalization Corp. of Japan (IRCJ), a body created in 2003 to turn around failing corporations, completed part of its mission at the end of March after buying the loans owed by selected businesses. The remaining part of the mission of the semigovernmental agency, due to disband three...
JAPAN
Apr 15, 2005

Cost-cutting a safety threat: JAL unions

Unions at Japan Airlines Corp. are taking the opportunity of JAL being reprimanded by the government over recent safety shortcomings to fault the policies of management, especially its drastic cost-reduction efforts.
BUSINESS
Apr 9, 2005

Credit Suisse Trust gets partial suspension

The Financial Services Agency has ordered Credit Suisse Trust and Banking Co. to suspend part of its operations for one month for making several thousand improper business transactions.
BUSINESS
Apr 1, 2005

Toyota-led team agrees to aid struggling Misawa

Misawa Homes Holdings Inc. announced Thursday that a team led by Toyota Motor Corp. has agreed to inject 25.8 billion yen in fresh capital into the troubled home builder.
Features / WEEK 3
Mar 20, 2005

On a wing and no fare

When Momoko Sasaki goes traveling, she literally "goes an extra mile" to enjoy perks that few of her peers have likely ever dreamed of.
JAPAN / Media / MEDIA MIX
Mar 13, 2005

Fuji TV in a Horie to distance itself from IT man

Next month, Fuji TV will launch another batch of up-to-the-minute trendy drama series. Among them is one called "Koi ni Ochitara/Boku no Seiko no Himitsu (Falling in Love/The Secret of My Success)" starring SMAP member Tsuyoshi Kusanagi as a young man who, after his small family-run factory goes bankrupt,...
EDITORIALS
Mar 10, 2005

Last chance for Daiei's survival

Daiei Inc., Japan's ailing supermarket operator, is ready to make its third -- and final -- attempt at rehabilitation. On Monday, the state-run Industrial Revitalization Corp. of Japan (IRCJ) formally selected trading house Marubeni Corp. and investment fund Advantage Partners as Daiei's business sponsors....
EDITORIALS
Feb 28, 2005

Look for VAT hike on the agenda

It appears that Prime Minister Junichiro Koizumi is pushing the consumption-tax issue onto the political agenda. During a Lower House plenary session earlier this month, he said, in effect, that the value-added tax should be increased as part of overall social security reform. Until recently, Koizumi...
BUSINESS
Feb 19, 2005

FSA to discipline Meiji Yasuda

The Financial Services Agency plans to order Meiji Yasuda Life Insurance Co. later this month to suspend part of its business activities for about two weeks over alleged illegal sales practices, FSA sources said Friday.
COMMENTARY / World
Feb 19, 2005

Diaspora bridges China and ASEAN

SINGAPORE -- On Feb. 9, the start of the Year of the Rooster, ethnic Chinese communities across Southeast Asia took stock of their progress and their future in the shadow of China's peaceful development and its strengthened status within the region of the 10-member Association of Southeast Asian Nations....
BUSINESS
Feb 17, 2005

DHL poised to grab ever-increasing share of Asia-Pacific mart -- especially China

DHL, the world's leading international express and logistics company, is flying high over China, stepping up infrastructure investment geared to capitalize on fast-growing intra-Asia/Pacific trade, in particular Japan-China trade.
Japan Times
BUSINESS
Feb 10, 2005

Ramen food courts seek to slake slurping throngs

Ramen eateries in Tokyo have started banding together in food court-style complexes in response to red-hot competition.
BUSINESS
Jan 25, 2005

JR East to safeguard tracks against quakes

East Japan Railway Co. said Monday it will spend at least 50 billion yen to 60 billion yen during four years from fiscal 2005 on antiquake measures such as reinforcing elevated lines.
COMMENTARY / World
Dec 5, 2004

Canberra's free trade polka

SYDNEY -- The convening of the 10-member Association of Southeast Asian Nations with Australia and New Zealand at ASEAN's meeting in the Laotian capital last week was a landmark for the region's push toward greater security and economic growth. It also started a move toward a free trade area that will...
JAPAN
Nov 27, 2004

Government strong-arms Itami airport

OSAKA -- The battle over the future of the Kansai region's airports heated up this month as the central government pressured Osaka's Itami airport to shift domestic flights to Kansai International Airport and threatened to take away Itami's official status as an international airport.
Japan Times
JAPAN
Nov 16, 2004

Life plugging back in on Miyake

Economic activity, including postal services, is resuming on Miyake Island, 4 1/2 years after volcanic eruptions forced its inhabitants to flee in September 2000.
JAPAN
Nov 13, 2004

Lawyers go after reformist debt collector

An American businessman who tried to improve the way debts are collected in Japan from the oft yakuza-linked intimidation route was arrested last week amid growing pressure by lawyer groups to crack down on unauthorized parties encroaching on their turf.
JAPAN / Media / MEDIA MIX
Nov 7, 2004

Comedian Shinsuke looks to be at wits' end

Social distinctions related to class, ethnicity, gender and sexual orientation that mean a lot in everyday life tend to mean less in the world of show business. Indeed, it's one of the few places where the normally dispossessed can expect an even break, especially in Japan.
Japan Times
Features
Oct 24, 2004

The cat's whiskers of Kawaii

At 10 a.m. last Saturday, the moment the doors of the Mitsukoshi department store in Tokyo's Nihonbashi district were opened, a small scrum of people rushed in, headed straight to the escalators and then up to the fifth floor.
Japan Times
JAPAN
Oct 21, 2004

Osaka eyes putting its homeless to work

OSAKA -- Facing central government cutbacks in financial aid to the homeless, Osaka officials are teaming up with the local business community to create a new program that will put some of Osaka Prefecture's estimated 7,700 homeless to work.
Japan Times
JAPAN
Oct 7, 2004

Chubu airport to add to Kansai's unease

TOKONAME, Aichi Pref. -- With the February opening of Chubu Centrair International Airport, its general manager of sales and marketing has a few words for those who worry the new facility will take flights away from Kansai International Airport.

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