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November 28, 2024
 

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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.
Japan Times
COMMUNITY
Mar 17, 2002

The Steiff of teddy-bear legend

Cute. In Japan, there's cuteness wherever you look -- Hello Kitty, Tare Panda, The Dog, etc., etc. But from next month to September 2003, Japanese people will be able to glimpse the creativity behind the cuteness of that cuddliest of all cuddlies -- the teddy bear -- when Germany-based Margarete Steiff...
BUSINESS
Mar 5, 2002

Hazama shrugs off rumor of Sato Kogyo linkup

Construction firm Hazama Corp. rejected suggestions Monday that it is considering integrating its management with Sato Kogyo Co. or other companies, or that it is seeking additional financial aid from its creditor banks.
BUSINESS
Mar 5, 2002

Tepco plans 7% rate cut

Tokyo Electric Power Co. said Monday it will cut electricity rates by an average of 7.02 percent in April under a three-year business plan aimed at bolstering its competitiveness.
JAPAN
Feb 25, 2002

Tama mayor arrested in garbage firm bribery case

Police on Sunday searched the Tama mayor's office and other places for evidence that Mayor Kunihiko Suzuki accepted bribes from the head of a Tokyo waste-collection company. Suzuki was arrested Saturday.
BUSINESS
Feb 22, 2002

Matsushita looking at losses of 438 billion yen

Matsushita Electric Industrial Co. said Thursday it expects to log consolidated net losses of 438 billion yen in fiscal 2001.
BUSINESS
Feb 21, 2002

Asahi Breweries rides 'happoshu' wave into the black

Leading Japanese brewer Asahi Breweries Ltd. said Wednesday it posted a net profit of 13.62 billion yen in its business year to Dec. 31, helped partly by its entry into the "happoshu" market last February.
COMMENTARY
Feb 16, 2002

Enron's pain will lead to future gain

WASHINGTON -- With the rubble still smoldering from Enron's bankruptcy, the U.S. Congress is attempting to score points by interrogating the international energy company's managers. Former CEO Jeffrey Skilling faced rough going before a congressional hearing; only by invoking the Fifth Amendment did...
BUSINESS
Feb 16, 2002

McDonald's logs '01 sales decline on mad cow scare

Ltd. said Friday it suffered a sharp decline in unconsolidated profits in 2001 due to falling hamburger sales after the mad cow disease outbreak in September. The fast food operator also announced that as part of a drive to reverse this trend it has agreed with Pret A Manger, a London-based sandwich...
JAPAN
Feb 9, 2002

Foreign firms draw both keen, reluctant Japanese

Strictly businesslike.
JAPAN
Feb 8, 2002

Are cell phones becoming too disruptive?

Masahito Tagami spent some 900,000 yen on a relay antenna system when he opened an "izakaya" restaurant in the basement of a building in Shibuya Ward, Tokyo, last April, so that customers could use their mobile phones.
BUSINESS
Feb 8, 2002

Mitsubishi saw profit dive 45% in third quarter

Mitsubishi Corp. said Thursday its group net profit in the October-December period plunged 45.3 percent from a year earlier to 10.43 billion yen on operating revenue of 3.37 trillion yen, down 4.5 percent.
JAPAN / WORKING IT OUT
Feb 8, 2002

Calls mount for work-sharing as jobless ranks soar

KOBE -- Hatsue Okada, a 33-year-old nurse, works between 9:30 a.m. and 2 p.m. three days a week at a day-care center for elderly people in Kakogawa, Hyogo Prefecture.
JAPAN
Feb 7, 2002

Baldness may be cured -- in 2010

OSAKA -- Sumitomo Electric Industries Ltd. said Wednesday it has developed a synthesized protein that can help reactivate dormant hair root cells.
JAPAN
Feb 7, 2002

Checks of large MMC vehicles reveal hub abrasions

Mitsubishi Motors Corp. said Wednesday that in voluntary checks of 5,598 large vehicles made after an accident last month in Yokohama, it found that hubs on 8.6 percent of them showed signs of abrasions.
Japan Times
JAPAN / WORKING IT OUT
Feb 6, 2002

Middle-aged job seekers facing age discrimination

When Masao Suzuki heard his company was offering an early retirement program that paid out 2.5 times the regular amount, he figured it was time to move on. But first he has to find a new job.
BUSINESS
Feb 1, 2002

Tokio, Asahi Mutual scrap tieup

The merger of Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co.'s life insurance businesses, touted for March 2003, has been scrapped. The decision, reached during a meeting Thursday morning between Tokio Marine President Kunio Ishihara and Asahi Mutual President Yuzuru Fujita, has...
BUSINESS
Jan 31, 2002

Life, nonlife insurers scrap tieup

Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co. have decided to scrap their plans to integrate under a single holding company by March 2003 due to the cautious stance of the nonlife insurer, sources from the two companies said Wednesday.
JAPAN
Jan 30, 2002

Snow Brand admits units in Kanto also in on scams

Snow Brand Food Co. acknowledged Tuesday that two of its Kanto-based meat units also misstated imported beef as domestic meat in early November in an attempt to reduce inventories and win government subsidies related to the outbreak of mad cow disease in mid-September.
JAPAN
Jan 27, 2002

Snow Brand's products taken off menus at schools

OSAKA -- Education boards in Osaka, Nara and Shimane prefectures as well as 10 cities across Japan have decided to remove Snow Brand group products from school meals in the wake of the beef labeling scandal at Snow Brand Food Co., according to a Kyodo News survey.
BUSINESS
Jan 25, 2002

Mitsukoshi to get new president

Japan's leading department store chain, Mitsukoshi Ltd., plans to name senior executive director Taneo Nakamura as company president, company sources said.
BUSINESS
Jan 20, 2002

Nankai to slash staff, cut pay, close units

OSAKA -- Financially ailing Nankai Electric Railway Co. has unveiled a radical restructuring program, saying it will slash more than 20 percent of its workforce, reduce pay and close down unprofitable subsidiaries.
JAPAN
Jan 18, 2002

Ozaki tied to rigged hospital bid

Construction company Kajima Corp. and two political secretaries named in recent scandals competed for work on the same hospital building project in Yamagata Prefecture in the late 1990s, industry sources said Thursday.
BUSINESS
Jan 17, 2002

MHI may close machine tool plant

Mitsubishi Heavy Industries Ltd. is considering closing its large-scale machine tool manufacturing plant in Hiroshima as early as 2003 due to slack demand, company officials said Wednesday.
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

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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