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November 23, 2024
 

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JAPAN
Feb 1, 2002

Finance Ministry tries to regain past clout

The Finance Ministry, which once enjoyed the prestige of being the nation's top bureaucratic body but saw its power and influence erode in the late 1990s in a series of scandals, appears to be aligning with Prime Minister Junichiro Koizumi's political initiatives to regain its former status.
BUSINESS
Jan 26, 2002

Firms to expedite restructuring, boost profits

Major Japanese companies are expected to boost their profitability through restructuring efforts from 2002 and thus revitalize the local stock market, according to a Japanese unit of Zurich-based Credit Suisse Group AG.
BASEBALL / BASEBALL BULLET-IN
Jan 23, 2002

'The Hawk' looks for second chance in Japan

Situation Wanted: Strong, healthy, 31-year-old left-handed pitcher seeks employment on the pitching staff of one of Japan's 12 professional baseball teams. Five years' major-league experience with the New York Mets, Kansas City Royals and Cleveland Indians and two years in Japan with the Yakult Swallows....
EDITORIALS
Jan 13, 2002

Strike that word

Are you guilty of having used the phrase "9-11" to refer to the attacks of Sept. 11? Or have you inflicted the word "synergy" on friends or colleagues? Or read about a "surgical strike" or a "faith-based" initiative without wincing?
BUSINESS
Jan 11, 2002

Kansai Electric to slash jobs, investment

OSAKA -- Kansai Electric Power Co. said it will slash 3,000 jobs -- more than 10 percent of its workforce -- by the end of fiscal 2004.
EDITORIALS
Jan 10, 2002

A tough diplomatic challenge

In his first year in office, Prime Minister Junichiro Koizumi devoted most of his energy to promoting his economic-reform agenda. In doing so he demonstrated considerable leadership, supported by record public-approval ratings. In 2002, he faces an equally tough challenge on the diplomatic front. His...
COMMUNITY
Jan 6, 2002

Life in the new year: Que sera sera

What joys and sorrows will the coming year bring for Japan? Fast forward to Jan. 1, 2003, apply tongue firmly to cheek and enjoy the benefit of hindsight by reading the alternative futures contained in the 2002 diaries of long-suffering Tokyo banker Gamansuruzo Nostrodoomus, and go-getting Kansai career...
BUSINESS
Dec 28, 2001

Takenaka tolerant of yen's weakness

Heizo Takenaka, economic and fiscal policy minister, indicated Thursday his continuing tolerance of the yen's current weakness against the dollar.
SOCCER / THE BALD TRUTH
Dec 25, 2001

And the winner is . . .

My grandmother used to tell us that Christmas is a time for forgiveness, not just binge drinking and belching your way through the Bond movie as the 6 pounds of turkey you scoffed at dinner threaten to reappear from the nearest available orifice.
BUSINESS
Dec 17, 2001

Think tanks negative on '02 economy

Eight of Japan's 10 major private-sector think tanks predict the nation's economy will shrink between 0.3 percent and 1.2 percent in fiscal 2002, painting a bleaker picture than the government's earlier forecast of zero percent growth.
JAPAN
Dec 16, 2001

250 billion yen shifted from tax for roads

The government will divert some 250 billion yen in revenue from the car weight tax, currently funneled into road construction, to other purposes in fiscal 2002, government sources said Saturday.
BUSINESS
Dec 15, 2001

Tax reform debate had nowhere else to go

Right up to the last minute, two conflicting philosophies dominated the ruling coalition's debate on tax reform for fiscal 2002 -- whether to levy taxes wherever possible to help ease the government's dire financial straits or avoid major hikes in light of the economic slump.
SOCCER / THE BALD TRUTH
Dec 14, 2001

Barbie dolls, Muppets battle to bore draw

We all wait with an impending sense of dread to see what South Korean soccer chief Chung Mong Joon and his cronies have got up their sleeves for the opening ceremony of the World Cup next year.
Japan Times
JAPAN
Dec 12, 2001

Afghan NGOs explain obstacles to reconstruction

Nongovernmental organizations from Afghanistan on Tuesday explained the key issues facing their post-Taliban country at the start of a three-day conference in Tokyo to discuss rebuilding the war-torn country.
BUSINESS
Dec 12, 2001

Tax breaks for elderly to be repealed

The government's Tax Commission reached a basic agreement Tuesday to scrap special tax breaks on aged people's savings, commission officials said Tuesday.
BUSINESS
Dec 8, 2001

Reduction in state's JT stocks sought

The Finance Ministry said Friday that the mandatory percentage of shares held by the government in Japan Tobacco Inc. should be cut to 50 percent in fiscal 2002 from the current 66.7 percent.
BUSINESS
Dec 8, 2001

Growth forecast at minus 0.3%

The government is likely to set its official growth forecast for fiscal 2002 at minus 0.3 percent in the wake of news that the economy contracted a real 0.5 percent in the July-September quarter, government sources said Friday.
COMMENTARY
Dec 7, 2001

Koizumi takes aim at public corporations

Prime Minister Junichiro Koizumi believes the Japanese economy cannot recover without structural reform. As the first step in translating this political philosophy into action, he is working on reforming inefficient government-affiliated public corporations.
BUSINESS
Dec 7, 2001

Surplus expected to plunge 39.5%

The customs-cleared trade surplus for fiscal 2001 is expected to plunge 39.5 percent from the previous year to 5.809 trillion yen, according to a trading industry association.
BUSINESS
Dec 1, 2001

Ministry seeks early passage of consolidated tax

Finance Minister Masajuro Shiokawa said Friday that his ministry will try to introduce a consolidated corporate tax system as early as possible in fiscal 2002 and make it retroactive to April 1.
SPORTS / SPORTS SCOPE
Nov 29, 2001

Japanese fans headed for a World Cup headache

The crosstown trip from my office in central Tokyo to National Stadium is a breeze. On Tuesday night it took 35 minutes, and I arrived in time to see the Toyota Cup kick off.
JAPAN
Nov 25, 2001

Public works spending to be cut 10%

The government hopes to slash public works spending by 10 percent in fiscal 2002 and abolish the system of earmarking certain tax revenues for the construction and maintenance of the nation's road system, outlining the strategy in a basic policy plan for the fiscal 2002 budget.
BUSINESS
Nov 23, 2001

Consolidated tax system put off for one year

Finance Minister Masajuro Shiokawa said Thursday that a proposed consolidated taxation system for companies will be delayed by one year, indicating its introduction would radically cut tax revenue.
BUSINESS
Nov 22, 2001

Snow Brand's first-half losses hit 13.7 billion yen

Snow Brand Milk Products Co. on Wednesday posted consolidated net losses of 13.66 billion yen for the first half of fiscal 2001, narrowing the gap from 30.66 billion yen logged in the same period the previous year.
COMMENTARY / World
Nov 6, 2001

Economies threaten credibility of euro

LONDON -- Ever since the common currency began to take shape in the mid-1990s, there has been a latent conflict between politicians in the euro zone and the guardians of the monetary stability pact in Frankfurt and Brussels. This autumn the politicians insist publicly that they stand four-square with...
BUSINESS
Oct 25, 2001

Key panel pushes for 27% cut in public works spending

A key government panel chaired by Prime Minister Junichiro Koizumi believes spending on public works projects should be cut by 27 percent over the next five years, according to the draft of a fiscal policy proposal obtained Wednesday by Kyodo News.
BUSINESS
Sep 29, 2001

Tax exemption proposed to boost flagging bourse

Finance Minister Masajuro Shiokawa proposed Friday a capital gains tax exemption on securities purchased in 2002 for long-term holding.
BUSINESS
Sep 28, 2001

Shiokawa says Japan still open to Indonesia's ODA needs

Despite a planned cut in the overall amount of official development assistance dished out to Indonesia in fiscal 2002, Japan will attach "due consideration" to Indonesia's needs, Finance Minister Masajuro Shiokawa told visiting Indonesian President Megawati Sukarnoputri on Thursday.
BUSINESS
Sep 27, 2001

Ministries approach budget deadline

Fiscal 2002 budgetary requests under the seven strategic areas outlined in the structural reform blueprint of Prime Minister Junichiro Koizumi currently total 1.38 trillion yen, the Council on Economic and Fiscal Policy said Wednesday.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

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