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BUSINESS
Jan 30, 2009

Sony buffeted by ¥18 billion loss

Sony Corp. said Thursday that it posted an ¥18 billion group operating loss for the third quarter that ended in December as its mainline electronics business was battered by the higher yen, the global recession and stiff competition.
BUSINESS
Jan 23, 2009

Sony warns markets of ¥260 billion loss, opts to shut TV plant

Sony Corp. said Thursday that it expects to report a record ¥260 billion group operating loss for the business year ending March 31 as plummeting global demand and the yen's surge against the dollar wreaked havoc on sales.
Japan Times
Reference / SO WHAT THE HECK IS THAT
Jan 22, 2009

Dekopon

Dear Alice,My husband attended a business dinner late last year at a very fancy traditional Japanese restaurant. At the end of the evening, as he was heading out the door, the kimono-clad proprietress presented him with a gift of a single piece of fruit. It was like a large orange but with a weird pear...
Japan Times
BUSINESS
Jan 20, 2009

Wii gives seniors therapeutic kicks

Blanche Betten, a 76-year-old retired restaurant owner, hammered Bob Warner, 85, with a flurry of punches, sending the World War II and Korean War veteran sprawling to the ground.
BUSINESS
Jan 10, 2009

Panasonic chops TV plant outlays

Panasonic Corp. said Friday it will slash planned capital investment in two new plants to make panels for flat-screen TVs by ¥135 billion to a total of ¥445 billion, as the global recession slows demand.
Japan Times
BUSINESS
Jan 6, 2009

Glasses retailer has price-cutting edge

Teruhiro Ueno has seen both his business and reputation grow by upholding a key retail strategy: undercutting the competition.
BUSINESS
Dec 31, 2008

Aeon to cut spending, China push

Aeon Co. will cut spending on stores at home and slow expansion in China as it battles the worst retail market in at least three decades, Chief Financial Officer Masaaki Toyoshima said.
Japan Times
BUSINESS / TAKING A CHANCE
Dec 25, 2008

People Tree products pioneering fair trade in Japan

The hand-knit sweaters and scarves and hand-woven bags with an ethnic look are nothing like the products sold to the masses of consumers in most big shopping malls.
EDITORIALS
Dec 24, 2008

Worsening economic prospects

The government's economic report for December states that Japanese economic conditions are "worsening," a downgrade from the previous month's assessment that "the economy has weakened further." The term "worsening" was used for the first since February 2002, after the information-technology bubble had...
LIFE / Language / BILINGUAL
Dec 23, 2008

Tight budgets or not, the year's hit products roll on

As the year rushes toward its finale, Japan's media devotes a lot of coverage to identifying hitto shōhin (ヒット商品, hit products) that have succeeded in capturing consumers' hearts and minds over the previous 12 months.
Japan Times
JAPAN
Dec 21, 2008

Toy company CEOs dress up to play Santa

To help boost the sagging toy market, toy company executives transformed themselves into one-day Santa Clauses on Saturday to promote their products for Christmas.
Japan Times
JAPAN / MIXED MATCHES
Dec 13, 2008

Pair's flexibility keeps their options open

Smart couples have smart rules.
Japan Times
CULTURE / Art
Dec 11, 2008

Bad timing hurts auctioneers' plans

One of the positive developments that Jonathan Stone, head of development in Asia for Christie's, saw in the otherwise disappointing contemporary-art auctions held this month in Hong Kong was that they "showed that Hong Kong has become the center of contemporary art in Asia."
Japan Times
CULTURE / Art
Dec 11, 2008

Was that the sound of the China art bubble bursting?

As quickly as it appeared, the Chinese contemporary art boom ended last week in Hong Kong.
BUSINESS
Dec 11, 2008

Large firms turning to state as lender of last resort

The government may become the lender of last resort for large companies struggling to obtain financing as the economy worsens and the corporate bond market remains weak.
Japan Times
JAPAN
Dec 10, 2008

Hong Kong exports boost farmers

Japan's agriculture has long had a global reputation for protectionism and weak price competition for rice grown in its rural areas.
Japan Times
JAPAN
Dec 5, 2008

New tourism agency ambushed by high yen

When the Japan Tourism Agency opened for business on Oct. 1 to attract more Asian travelers, the timing could hardly have been worse.
BUSINESS
Nov 29, 2008

Idemitsu plans 15% quarterly cut in oil processing as demand wanes

Idemitsu Kosan Co., Japan's second-largest oil refiner, said Friday it plans to cut crude oil processing by 15 percent in the quarter ending Dec. 31 as demand for gasoline and other petroleum products declines.
BUSINESS
Nov 28, 2008

Nipponkoa ups target in response to Southeastern

Nipponkoa Insurance Co., the nation's fourth-largest casualty insurer, has raised its profit target and vowed to cut costs and increase sales in response to pressure from its biggest shareholder, Southeastern Asset Management Inc.

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