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November 28, 2024
 

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BUSINESS
Nov 28, 2002

Orient plans to liquidate four more subsidiaries

Struggling consumer credit firm Orient Corp. said Wednesday it will liquidate four more financial subsidiaries to bolster the rehabilitation efforts of the parent company.
BUSINESS
Nov 23, 2002

Snow sees 45 billion yen loss in first half

Snow Brand Milk Products Co. said Friday it posted a group net loss of 45.36 billion yen for the first half of this business year, due largely to hefty restructuring charges aimed at reviving the ailing dairy giant.
BUSINESS
Nov 22, 2002

Matsumotokiyoshi profit up 22%

Matsumotokiyoshi Co., the nation's largest drug store chain, said Thursday its group pretax profit for the first half to Sept. 30 rose 21.9 percent from a year earlier to 6.8 billion yen.
BUSINESS
Nov 22, 2002

Plunging ad revenues hit Nippon Television profit

Nippon Television Network Corp. said Thursday its group net profit for the first half to Sept. 30 plunged 45.3 percent from a year earlier to 10.87 billion yen. Group pretax profit fell 35.9 percent to 23.1 billion yen on a 9.3 percent drop in operating revenues to 170.37 billion yen.
BUSINESS
Nov 22, 2002

Nintendo's pretax profit down 84%

Nintendo Co. said Thursday its group pretax profit logged a year-on-year decline of 83.7 percent in the first half, coming in at 8.42 billion yen.
BUSINESS
Nov 15, 2002

Ailing trader Tomen asks Toyota group for assistance

Struggling trading house Tomen Corp. said Thursday its earnings for the first half to Sept. 30 plunged with sluggish revenues, and its president said the company is reaching out to the Toyota Motor Corp. group for assistance.
COMMENTARY / World
Nov 14, 2002

SEC's post-Enron reforms pose challenge for Japanese multinationals

NEW YORK -- As if Japan's corporate sector didn't have problems with long-term economic deterioration and deflation, the stock market disaster and nonperforming loans, the U.S. Securities and Exchange Commission has added another headache. The issue at hand is the extent to which Japanese companies will...
Japan Times
JAPAN
Nov 9, 2002

Social responsibility a safe investment

One Akiyama thrived in the fast-paced, high-stakes world of finance for 18 years, working as a U.S. government bond trader for several brokerages in Tokyo and New York. Until about a year ago.
Japan Times
BUSINESS
Nov 9, 2002

Bar code's replacement packs data into a series of squares

A seemingly random collection of black-and-white blocks will become an increasingly common sight when we buy soda out of a vending machine, bet on a horse race or purchase items at a store.
BUSINESS
Nov 8, 2002

Towa requests second bailout from banks of 230 billion yen

Towa Real Estate Development Co. said Thursday it is seeking a 230 billion yen bailout package from UFJ and other creditor banks under a new five-year restructuring program.
BUSINESS
Nov 1, 2002

Ricoh profit rises 18% in first half

Office machine maker Ricoh Co. said Thursday its consolidated net profit logged a year-on-year rise of 18 percent to 33.53 billion yen in the first half.
Japan Times
COMMUNITY
Oct 5, 2002

Huddling against cold to keep oil, gas on move

It is down to 15 degrees Celsius by day on Sakhalin Island, and already under 5 at night. By December the temperature will be minus 30, and still going down.
JAPAN
Sep 27, 2002

Plaintiffs in gold swindle suit lose appeal at Supreme Court

The Supreme Court on Thursday rejected an appeal by senior citizen investors suing the government for damages over its failure to prevent the now-defunct Toyota Trading Corp. from waging a nationwide gold sales scam in the 1980s.
BUSINESS
Sep 25, 2002

Nichirei cuts profit forecast for full year

Nichirei Corp., Japan's top maker of frozen foods, said Tuesday it has cut its net profit forecast for the fiscal first half to Sept. 30 and the full year to next March 31, due to tainted spinach from China, capital losses on sales of stock and fixed-asset holdings.
BUSINESS
Sep 25, 2002

S&P upgrades Isetan, Mitsukoshi

Standard & Poor's Corp. said Tuesday it has raised its corporate credit ratings for major department store operators Isetan Co. and Mitsukoshi Ltd.
JAPAN / Media / MEDIA MIX
Sep 22, 2002

The fallout of Japan's national energy policy

In Japan, Fumiko Kometani, the wife of American screenwriter Josh Greenfeld and mother of journalist Karl Taro Greenfeld, has a reputation for being a grouch. A longtime resident of the United States, she writes for a number of Japanese publications and very rarely has anything nice to say about either...
BUSINESS
Sep 19, 2002

Temp firms gear for manufacturing entry

The lift of a statutory ban on dispatching temporary workers to the manufacturing sector has long been a fervent wish for many such businesses and personnel providers.
BUSINESS / ANOTHER LOOK
Sep 16, 2002

Outsourcing offers Japan Inc. a viable, new cost-cutting option

Regardless of the size of a company's operations, one of the most pressing issues for management is reduction of costs. With very low economic growth likely to continue for some time and deflation placing pressure on prices in many different industry sectors, management is being called upon to make more...
JAPAN
Sep 10, 2002

Space only the first frontier for H-IIA

The government and industry alike are pinning their hopes on the successful launch of the third H-IIA rocket, due to be sent into space Tuesday on its first full-scale operational mission.
Japan Times
BUSINESS / INDUSTRY TRENDS
Sep 6, 2002

Demographic shift prompts toy makers to reach out to adults

Faced with an ever declining number of children, Japan's toy makers have started courting their parents, alluring them with frothy beer dispensers and matchbox luxury sedans.
JAPAN
Sep 3, 2002

Ministry deems Nippon Ham fit to resume beef operations

The farm ministry said Monday that Nippon Meat Packers Inc. and its scandal-tainted subsidiary can resume their beef-related operations because it has deemed as acceptable the group's steps to prevent further fraud targeting the government's beef buyback subsidies.
BUSINESS
Sep 3, 2002

Mitsubishi Securities launches operations

Mitsubishi Securities Co. began operations Monday after being launched over the weekend by Mitsubishi Tokyo Financial Group Inc. through the merger of four affiliated brokerages.
JAPAN
Sep 3, 2002

Tepco chairman, president announce resignations over nuclear coverups

Tokyo Electric Power Co. said Monday that President Nobuya Minami and Chairman Hiroshi Araki will resign over reported coverups of damage at the utility's nuclear power plants.
BUSINESS
Sep 3, 2002

Prima Meat Packers recalled sauce products in June 2001

Prima Meat Packers Ltd., the nation's third-largest meat processor, recalled some of its products in June 2001 after discovering that sauce in them had exceeded its best-before date, a company spokesman said Monday.
BUSINESS
Aug 23, 2002

Kyoei Mutual pulls out of Millea group merger

Kyoei Mutual Fire & Marine Insurance Co. on Thursday formally announced that it will not join the Millea Insurance Group, bidding to instead strengthen its finances as a subsidiary of the National Mutual Insurance Federation of Agricultural Cooperatives (Zenkyoren).
JAPAN
Aug 22, 2002

Cash gone in suspected arson-murder

Police determined Wednesday that 6.5 million yen in cash is missing from two large safes at a financial futures dealer in Tokyo's Minato Ward where two men died in a suspected arson-murder Monday.
JAPAN
Aug 22, 2002

Takebe slams Nippon Ham punishments

OSAKA -- Farm minister Tsutomu Takebe on Wednesday blasted disciplinary measures taken by Nippon Meat Packers Inc. over a beef mislabeling scandal as "incomplete and incomprehensible to the public," as ministry officials searched the company's offices in Osaka and Tokyo.
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.
Japan investigating Amazon for allegedly bullying other businesses
Packages move along a conveyor belt at an Amazon warehouse
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.
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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