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BUSINESS
Sep 28, 2001

Isuzu sells base in restructuring effort

In a bid to accelerate its restructuring, Isuzu Motor Ltd. said Thursday it has sold its headquarters building and land in Tokyo to Dai-ichi Mutual Life Insurance Co.
BUSINESS
Sep 25, 2001

Oil distributors move to increase domestic stocks

The nation's oil distributors are now working to increase domestic oil stocks in light of global uncertainty following the recent terrorist attacks in the United States, industry sources said Monday.
BUSINESS
Sep 20, 2001

Kawasaki Heavy, IHI torpedo tieup

Ishikawajima-Harima Heavy Industries Co. and Kawasaki Heavy Industries Ltd. have called off their plan to integrate shipbuilding operations, the two companies announced Wednesday.
BUSINESS
Sep 18, 2001

Pharmaceutical firms to integrate operations

Taisho Pharmaceutical Co. and Tanabe Seiyaku Co. announced Monday that they will integrate operations under a holding company.
COMMUNITY
Sep 16, 2001

Fortunetelling traditions thrive on indecision

Runes, tea leaves and chicken innards. A strange group, perhaps, but all have a place in fortunetelling tradition as aids to seeking insight and resolving indecision. Now, though, soothsaying aids are growing even more motley, with recent additions including Shinjuku Station, koalas, eggplants and squid...
BUSINESS
Aug 23, 2001

Sansui says its pretax loss to be worse than expected

Sansui Electric Co. said Wednesday it has revised downward its forecasts for the business year to Dec. 31 to show an 80 percent surge in pretax loss compared with its projections in February.
BUSINESS
Aug 22, 2001

Honda plans to produce Odyssey in China in 2003

Honda Motor Co. plans to begin producing Odyssey minivans in China in 2003 because it anticipates continued growth in the automobile market there, company officials said Tuesday.
BUSINESS
Aug 14, 2001

Mycal to sell Hokkaido unit's stock in debt-slashing move

OSAKA -- Ailing supermarket chain Mycal Corp. said Monday that it will sell 6.45 million shares in subsidiary Mycal Hokkaido Corp. to help slash its debt.
JAPAN
Aug 10, 2001

Smokers sue as Japan Tobacco denies causal links

Matao Yamamoto, a 67-year-old former Kyoto cab driver, is one of a large number of smokers in Japan who deeply regrets acquiring the hard-to-quit habit.
BUSINESS
Aug 3, 2001

LDP policymakers push PFI merits

Several policymakers of the Liberal Democratic Party said at a meeting Thursday that private finance initiatives should be deployed to improve the nation's infrastructure and boost the ailing economy.
BUSINESS
Aug 1, 2001

Honda profit up 45.1% in first quarter

Honda Motor Co. said Tuesday its consolidated operating profit for the April-June quarter jumped 45.1 percent from the same period a year earlier to 151.45 billion yen.
BASEBALL / BASEBALL BULLET-IN
Jul 4, 2001

Baseball & Beer Blast at Sapporo Dome

Japan's sixth all-weather stadium was the setting last week as the Yomiuri Giants and Chunichi Dragons played the first official pro baseball games at the Sapporo Dome. The June 26-28 series was won by the Giants, who took the first and third games. Chunichi won Game 2.
BUSINESS
Jun 23, 2001

Foreign investors maintain selling spree

Foreign investors remained net sellers of Japanese stocks for the third straight week last week.
BUSINESS
Jun 20, 2001

Kokusai execs to resign over violations

Kokusai Securities Co. said Tuesday that three of its executives will resign today over a violation of the Securities and Exchange Law that led to the second-tier brokerage being ordered to suspend operations.
BUSINESS
Jun 13, 2001

'Happoshu' pumps up beer market

Japan's market for beer and "happoshu," the low-malt drink that is similar to beer, increased 2.9 percent in May from the previous year, thanks to good sales of the latter, according to data released Tuesday by the country's five major brewers.
BUSINESS
May 31, 2001

Kamisu picked as fifth LPG site

The governmental Japan National Oil Corp. said Wednesday it has picked the town of Kamisu, Ibaraki Prefecture, as the site for a storage tank it will build to store liquefied petroleum gas under the nation's 1.5-million ton LPG stockpiling program.
BUSINESS
May 30, 2001

Major traders Mitsui, Sumitomo eye alliance

Trading houses Mitsui & Co. and Sumitomo Corp. have agreed on a wide-ranging business tieup that includes integrating their sales of construction materials and steam coal, a Mitsui spokesman said Tuesday.
JAPAN / Media / MEDIA MIX
May 27, 2001

Cosmetics companies give themselves a makeover

Truth in advertising has never been a strong concept in Japan, but no one flouts it as boldly as the cosmetics industry, which is understandable, since makeup itself is a form of deception. One company's antiwrinkle cream is said to "prevent aging," an obvious impossibility, while the manufacturer of...
BUSINESS
May 26, 2001

Lower fees drag Wowow into red

Satellite broadcaster Wowow Inc. said Friday it fell into the red for the first time in six years in fiscal 2000 due to cuts in subscription fees and growth in costs for adding subscribers.
BUSINESS
May 25, 2001

Banks cautioned against second waivers

A second waiver for struggling companies whose debts were partially forgiven once should be given by banks only in exceptional cases, Financial Services Minister Hakuo Yanagisawa said Thursday.
BUSINESS
May 24, 2001

Sumitomo Heavy posts 28.6 billion yen net loss

Sumitomo Heavy Industries Ltd. said Wednesday its group net loss swelled to 28.61 billion yen in fiscal 2000 from the previous year's 6.33 billion yen, remaining in the red for three years in a row on sluggish revenues and heavy restructuring costs.
BUSINESS
May 24, 2001

Hankyu profits jump to 6 billion yen

Hankyu Department Stores Inc. said Wednesday its group pretax profit for fiscal 2000 jumped 25.2 percent to 6.21 billion yen despite a sales drop of 2 percent to 394.96 billion yen.
BUSINESS
May 23, 2001

Mitsui Fudosan logs first profit since '95

Major real estate firm Mitsui Fudosan Co. said Tuesday it logged its first consolidated net profit in five years in fiscal 2000, thanks to structural reforms in its management.
BUSINESS
May 22, 2001

Cost-cutting returns IHI to profits

said Monday it restored profitability in fiscal 2000 for the first time in two years, thanks to cost-reduction efforts and management restructuring. It registered a consolidated net profit of 9.21 billion yen, against a net loss of 79 billion yen the previous year. Its group pretax profit came to 28.06...
BUSINESS
May 19, 2001

KDDI reports net profits surge of 318% for fiscal 2000

KDDI Corp., the nation's No. 2 telecom operator, announced Friday its earnings results for fiscal 2000, which ended in March.
BUSINESS
May 19, 2001

Meager gains in premiums precede mergers of insurers

Increased competition saw premium revenue rise only incrementally at Japan's largest property insurance companies, according to fiscal 2000 earnings reports released Friday.
BUSINESS
May 11, 2001

Net profit at Bandai soars 906.7%

Bandai Co., Japan's largest toy maker, said Thursday its group net profit skyrocketed 906.7 percent in fiscal 2000 to 12.9 billion yen on strong sales of its character goods and one-off gains from the sale of some of its shareholdings in affiliates.

Longform

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