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November 28, 2024
 

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BUSINESS
May 25, 2002

Yakult group net profits up 5.4%

Yakult Honsha Co. said Friday its group net profits for the 2001 business year increased 5.4 percent to 11.11 billion yen due mainly to nonoperating income, such as royalties.
BUSINESS
May 24, 2002

Nippon Steel loses 28.4 billion yen

Nippon Steel Corp. said Thursday it posted a group net loss of 28.4 billion yen in the year to March 31, hit mainly by valuation losses on its securities holdings.
Japan Times
BUSINESS
May 24, 2002

Snow Brand Milk posts 71.74 billion yen net loss

Struggling Snow Brand Milk Products Co. said Thursday it posted a group net loss of 71.74 billion yen for the 2001 business year, 35 percent worse than the year before, due to plunging sales in the wake of a food mislabeling scandal at its meat packing subsidiary.
BUSINESS
May 23, 2002

Tokyo Gas posted 80 billion yen profit in fiscal '01

Tokyo Gas Co. said Wednesday its group pretax profits rose 20.6 percent to 80.63 billion yen in the business year to March 31 on strong gas sales and cost-cutting efforts.
BUSINESS
May 22, 2002

Airline SkynetAsia gets approval for operations

A Miyazaki-based airline venture obtained government approval Tuesday to launch flights in August between Miyazaki airport and Haneda airport in Tokyo, setting itself up to become the third new major domestic airline after Skymark Airlines Co. and Hokkaido International Airlines Co. (Air Do).
Japan Times
JAPAN
May 18, 2002

Work sharing solves Netherlands' economic woes

THE HAGUE -- As Japan remains mired in an economic slump, the idea of work sharing is increasingly attracting the attention of the government, labor unions and business organizations as a way to handle the record level of more than 5 percent unemployment.
BUSINESS
May 18, 2002

Showa Shell turns focus toward customers' needs

With most of its restructuring completed, Showa Shell Sekiyu K.K. is now focusing on stimulating customer demand by improving its products and services, according to John S. Mills, the new president of the country's fourth-largest oil wholesaler.
BUSINESS
May 16, 2002

Mazda returns to profitability

Mazda Motor Corp. said Wednesday it returned to the black in the 2001 business year thanks to cost-cutting measures and a weakened yen.
BUSINESS
May 16, 2002

Trading house Mitsubishi logs 34.6% profit drop

Trading house Mitsubishi Corp. said Wednesday its group net profits in fiscal 2001 plunged 34.6 percent, primarily due to a 51.5 billion yen fall in securities sales.
Japan Times
JAPAN / WEEKEND WISDOM
May 12, 2002

Former top executive attempts to save Japan Inc. with ethics

What is the root cause of corporate failure?
BUSINESS
May 11, 2002

Softbank posts 88.76 billion yen net loss

Internet business investor Softbank Corp. dipped into the red in the year that ended March 31, due to costs to build infrastructure for broadband online services and a devaluation of the firm's stockholdings, company officials said Friday.
BUSINESS
May 9, 2002

DoCoMo profits vanish into writeoffs

After years of spectacular growth, NTT DoCoMo Inc. on Wednesday said group net profits in fiscal 2001 plunged 99.8 percent to 862 million yen due to losses on strategic foreign investments.
BUSINESS
May 9, 2002

Extraordinary losses keep Shiseido in the red

Shiseido Co., the nation's largest cosmetics maker, said Wednesday it remained in the red in the 2001 business year due to appraisal losses on its shareholdings and other extraordinary losses stemming from product recalls.
COMMUNITY
May 5, 2002

A plastic menagerie for kids of all ages

"Instead of only children, we started to think about what we could sell to people in their 30s, 40s or 50s."
CULTURE / TV & Streaming / CHANNEL SURF
Apr 28, 2002

A suck-up, a thumbs up

Ever since SMAP-man Goro Inagaki returned from self-imposed exile, during which he supposedly reflected on his heinous parking infraction, he seems to be everywhere, as if he were making up for lost time. Perhaps as a spoof on his capacity to demonstrate self-effacement, he's currently starring in his...
Japan Times
COMMUNITY
Apr 27, 2002

When a contract contracts, and what comes after

Visitors to Hakone last autumn are most probably still talking about it. How they were in a cable car and saw a Japanese man in another car, traveling in the opposite direction, standing on his head and swiveling his hips 180 degrees with legs splayed open.
BUSINESS
Apr 26, 2002

Sony sales figures defy 2001 slowdown

Sony Corp. defied the worldwide slowdown in fiscal 2001 by logging record consolidated sales, thanks to a sharp increase in sales of the PlayStation2 game console and a weakening of the yen, company officials said Thursday.
BUSINESS
Apr 19, 2002

Mazda to release 36 new models as it accelerates out of the red

Mazda Motor Corp. President Mark Fields said Thursday that the company plans to launch 36 new models over the next couple of years, following expectations that it has returned to profitability in the just-ended fiscal year.
JAPAN
Apr 18, 2002

Probe ordered into Marubeni unit

The farm ministry on Wednesday ordered Marubeni Chikusan Corp., a unit of trading house Marubeni Corp., to launch a full investigation into a mislabeling scandal involving its chicken products.
MORE SPORTS
Apr 18, 2002

JRFU to start new national tourney

Japan Rugby Football Union went a long way to improving rugby in Japan both on the domestic and international front with the news last week that it was abandoning the traditional company championship for a new nationwide 12-team tournament starting in September 2004.
BUSINESS
Apr 6, 2002

Mining firms eye alliance on copper

Nippon Mining & Metals Co. and Mitsui Mining & Smelting Co. said Friday they will soon begin talks to fully integrate their copper operations by expanding their ongoing alliance to cover production.
EDITORIALS
Mar 31, 2002

Wal-Mart, Sprawl-Mart

Two weeks ago, Wal-Mart Stores Inc. announced a deal with local supermarket chain Seiyu that would give the U.S. cut-price retail colossus a foothold in the Japanese market: a 6.1 percent share in Seiyu now, with an option to increase its stake to two-thirds by the end of 2007. The announcement has been...
COMMENTARY
Mar 25, 2002

There's more to a name than meets the eye

As someone who has crossed the Pacific Ocean over 450 times since 1956, I am constantly fascinated by the similarities and differences between the United States and Japan. Among the challenges facing someone who lives in both societies is that what is so positive in one country can often be so negative...
Japan Times
BUSINESS
Mar 25, 2002

Sumitomo, Mitsui Chemicals unite to weather tough times

As a global wave of consolidation sweeps through the chemicals industry, Sumitomo Chemical Co., Japan's second-largest chemicals maker, is trying to get a jump on its domestic rivals by merging with industry No. 3 Mitsui Chemicals Inc.
BUSINESS
Mar 20, 2002

Daiei seeks government handout

As part of its rebuilding efforts, debt-saddled supermarket chain Daiei Inc. filed with the government Tuesday for tax breaks and other preferential treatment under the industrial rehabilitation law, government officials said.
BUSINESS
Mar 20, 2002

Okinawa Cellular may get regulatory break

The telecommunications minister hinted Tuesday that Okinawa Cellular Telephone Co. may remain free from regulations governing "dominant" mobile phone operators even though its controls a large share of the market in Okinawa Prefecture.
BUSINESS
Mar 19, 2002

Electronics titans aim for LSIs

Hitachi Ltd. and Mitsubishi Electric Corp. announced Monday that they will set up a joint venture to integrate their semiconductor businesses relating to system LSIs, or large-scale integrated circuit chips.
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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