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November 28, 2024
 

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BUSINESS
Jun 22, 2006

Former UFJ exec eyed as first chief of postal bank

The government will appoint Hideo Ogasawara, who once headed the former UFJ Holdings Inc., to head the banking unit to be created when Japan Post is privatized in October 2007, sources said Wednesday.
BUSINESS
Jun 9, 2006

Skylark to carry out largest MBO in Japan history

Family-style restaurant chain Skylark Co. announced Thursday its management will buy all outstanding company shares to become private, making it the largest management buyout bid in Japanese history.
Japan Times
BUSINESS
Jun 3, 2006

Sompo Japan chief resigns; 6.5 million yen error revealed

The president of Sompo Japan Insurance Inc. resigned Friday to take responsibility for the firm's misconduct that resulted in a business suspension order, while the insurer announced it mistakenly collected 6.5 million yen in premiums due to a clerical error.
BUSINESS
May 31, 2006

Vodafone logs 69.4% profit fall on high sales, customer retention costs

Vodafone K.K., which was purchased in April by Internet investor Softbank Corp., said Tuesday its net profit fell by 69.4 percent to 49.5 billion yen on sales of 1.47 trillion yen in fiscal 2005 due to higher sales promotion costs associated with attracting subscribers to its 3G phone service.
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.
BUSINESS
May 26, 2006

FSA orders Sompo suspension

The Financial Services Agency on Thursday ordered Sompo Japan Insurance Inc. to suspend most of its operations for two weeks at all of its offices nationwide for illegal sales practices.
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 22, 2006

Livedoor sets shareholders' meeting for June, will kill investment units

Livedoor Co. will hold an extraordinary shareholders' meeting June 14, the first such gathering since several of its executives were arrested, and select a new board of directors including some from outside the firm, company sources said Sunday.
EDITORIALS
May 20, 2006

Business profits pose challenges

One company after another is announcing good business results for the fiscal year ended March 31, 2006. Firms listed on the first section of the Tokyo Stock Exchange are reporting increased revenues and profits for the fourth consecutive year. They are expected to post record recurring profits for the...
BUSINESS
May 18, 2006

Honda to build three new plants

Honda Motor Co. announced business expansion plans Wednesday that include construction of a new factory in Japan and two more in North America by 2010 to meet increasing demand for its vehicles.
JAPAN
May 3, 2006

Japan Post defies efforts to slim down swollen ranks

Japan Post Corp. drafted a privatization plan Tuesday that calls for hiring more employees, directly contradicting one of the main reasons for its privatization.
JAPAN
May 1, 2006

12 sacked for taking coffee money

OSAKA (Kyodo A West Japan Railway Co. subsidiary has fired 12 workers and reprimanded 21 others for pocketing at least 5 million yen from sales of coffee served aboard sleeper express trains, the company said Sunday.
BUSINESS
Apr 20, 2006

Tokio Marine to buy Asia General of Singapore

Tokio Marine & Nippon Fire Insurance Co. plans to buy a full stake in Asia General Holdings Ltd., a Singapore-based insurance business holding company, in a bid to expand operations in the Southeast Asian market, company sources said Wednesday.
JAPAN
Apr 15, 2006

Cops want to quiz Chinese envoy for info on visa scam

Police want to question a Chinese Embassy official about a Chinese businessman who is suspected of helping Chinese nationals obtain Japanese work visas illegally, sources said Friday.
EDITORIALS
Apr 7, 2006

Nuclear safety called into question

A court ruling issued in late March concerning a power reactor in Ishikawa Prefecture has proved both rare and astounding. Saying that there is a problem with the earthquake-resistance design of the reactor, the court ordered a halt to the operation of the nuclear-power station -- the first ruling ordering...
Japan Times
BUSINESS
Apr 5, 2006

Softbank to borrow 1.28 trillion yen

Softbank Corp. plans to take out 1.28 trillion yen in loans to buy British mobile phone operator Vodafone Group PLC's Japan business, company sources said Tuesday.
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.
BUSINESS
Mar 29, 2006

Accounting firm's undoing: Livedoor

The Yokohama-based accounting firm that audited the books of indicted Internet firm Livedoor Co. is planning to disband in late June, company officials said Tuesday.
JAPAN
Mar 28, 2006

Kanebo's book-cooking execs avoid prison time

The Tokyo District Court handed suspended prison terms Monday to former Kanebo Ltd. President Takashi Hoashi and ex-Vice President Takashi Miyahara for colluding with auditors to cover up over 160 billion yen in capital deficits in fiscal 2001 and 2002.
BUSINESS
Mar 18, 2006

Softbank will buy Vodafone K.K.

Softbank Corp. said Friday it has reached an agreement with Vodafone Group PLC to buy 97.7 percent of its Japanese unit for 1.75 trillion yen in a move that will allow it to acquire Vodafone K.K.'s 15 million users and its nationwide mobile communications network.
JAPAN
Mar 17, 2006

Oil firms adjust footing amid Iran's nuclear follies

As tension mounts worldwide over the standoff concerning Iran's nuclear ambitions, Japanese oil companies are starting to take precautions as uncertainties surrounding the situation may force them to stop importing oil from the Islamic state.
Japan Times
LIFE
Mar 12, 2006

Women's voices

This story is part of a package on women in Japan. The introduction is here.
Japan Times
CULTURE / Music / FUZZY LOGIC
Mar 10, 2006

Romancing, not stoned

I've got four High Teens in my apartment, one of them is unconscious on my futon, and "romance" will ultimately be on the agenda. But please hesitate from rushing to the nearest koban and filing a report because, I promise you, this story does not involve drugs and underage sex. (I'm saving that for...
BUSINESS
Mar 8, 2006

JAL's biggest union likely to accept 10% wage cut

The largest labor union at Japan Airlines Corp. is expected to agree to wage cuts averaging 10 percent for all employees in fiscal 2006, sources close to the union said Tuesday.
Funeral held for Princess Yuriko at Tokyo cemetery
Crown Prince Akishino and Crown Princess Kiko, followed by Princess Aiko and Princess Kako, prepare to attend a funeral service for Princess Yuriko at Toshimagaoka Cemetery in Tokyo on Tuesday.
Trump team weighs direct talks with North Korea's Kim
Then-U.S. President Donald Trump meets with North Korean leader Kim Jong Un at the Demilitarized Zone separating the two Koreas, in Panmunjom, South Korea, in June 2019.
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.
Israel-Hezbollah cease-fire, brokered by U.S. and France, takes effect
People near Martyrs Square in Beirut watch as Israeli Prime Minister Benjamin Netanyahu announces a cease-fire on television on Tuesday.
Suspected arson in Sapporo leaves four injured
Firetrucks outside a building in Sapporo where an explosion left four people injured on Tuesday.
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.
China defense minister being investigated for corruption, report says
Chinese Defense Minister Dong Jun attends the opening ceremony of the Xiangshan Forum at the Beijing International Convention Center on Sept. 13. Dong is the third consecutive incumbent or former defense chief to be probed over alleged corruption.
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.

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
By Greg Dvorak

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