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JAPAN
Sep 26, 2001

Firms turn to time-sharing in bid to increase revenue

Amid record-high unemployment and spiraling deflation, some leisure-related businesses are offering time-share deals for the right to share villas, luxury cars or pleasure boats in an attempt to lure customers.
BUSINESS
Sep 19, 2001

Matsushima to reduce coal output

Matsushima Coal Mining Co., operator of one of the nation's two remaining coal mines, has told authorities it plans to cut its annual output of 1.2 million tons to 400,000 tons, company sources said Tuesday.
JAPAN / INTERNATIONAL RATIONALE
Sep 19, 2001

Foreign firms slowly influence job-for-life market

As foreign companies have increased their presence in Japan in recent years, many have found it difficult to hire quality local staff.
BUSINESS
Sep 7, 2001

Matsushita says it will postpone issue of IT-linked stock

OSAKA -- Matsushita Electric Works Ltd. said Thursday it will postpone its plan to issue special stocks linked to the performance of electronics-related business divisions due to the ongoing slump in the information technology sector.
BUSINESS
Aug 31, 2001

Arabian Oil posts net profits of 1.92 billion yen in first half

Arabian Oil Co. said Thursday its group net profits for the business first half through June 30 came to 1.92 billion yen.
JAPAN
Aug 29, 2001

Pricey fish losing favor amid deflation, imports

Consumers are increasingly shunning high-priced fish and opting for lower-priced fare and imported fish as deflation hits the sluggish economy. Japan was once the world's top catcher of fish but has been overtaken by China because catches of popular fish such as sardines and mackerel have decreased due...
BUSINESS
Aug 25, 2001

Mitsui exported dioxin-laced product that was banned in Japan

Mitsui Chemicals Inc. exported an agricultural chemical containing a toxic dioxin to the United States and Turkey for more than two years after it stopped domestic sales in March 1997, government officials said.
BUSINESS
Aug 24, 2001

S&P says Fujitsu's turnaround plan may not be enough

The radical restructuring announced by computer giant Fujitsu Ltd. earlier this week -- involving 16,400 job cuts -- may not be enough to assure recovery of the company's fundamentals, Standard & Poor's said Thursday.
BUSINESS
Aug 20, 2001

Fujitsu to slash 10,000 jobs in North America, Asia

Leading computer maker Fujitsu Ltd. plans to slash about 10 percent of its group workforce, or more than 10,000 jobs, at home and abroad as the main part of a restructuring plan designed to counter a slowdown in the information technology market, company officials said Sunday.
JAPAN
Aug 18, 2001

Nursing-care firms leaner, back in black

Major private-sector nursing-care providers have reported improved earnings following aggressive restructuring, according to industry officials.
BUSINESS
Aug 17, 2001

DoCoMo's 3G service disappoints users in trial

At the end of May, Kazunori Hagiwara was thrilled to be chosen to try out NTT DoCoMo's next-generation cellphone system.
COMMENTARY / World
Aug 16, 2001

Numerous problems slow efforts to safely scrap retired Russian nuclear submarines

BOLSHOI KAMEN, Russia -- Propped up onshore amid heaps of scrap metal at the Zvezda shipyard is one of the largest vehicles ever to cruise the planet -- the five-story hulk of a submarine that once carried intercontinental ballistic missiles targeting the United States.
JAPAN
Aug 16, 2001

Odakyu worker fired over data leak

An employee of a Tokyo department store has been fired for divulging information on some 382,000 customers, the store operator said Wednesday.
CULTURE / Film
Aug 8, 2001

Are the fishing fools running out of line?

Tsuri Baka Nisshi 12 Rating: * * 1/2 Director: Katsuhide Motoki Running time: 111 minutes Language: JapaneseOpens Aug. 18 Some sequels make sense, but a "3" or "4" after the title of a Hollywood movie is generally a good reason to stay away unless you happen to be feeling charitable toward a studio...
BUSINESS
Aug 8, 2001

YGK to launch originally designed sports car model

YGK Co. will launch an originally designed sports car in Japan and overseas in November 2002, the Yamagata-based company said Tuesday.
JAPAN
Aug 2, 2001

Daiwa to set up holding firm with two other Kansai banks

Daiwa Bank Ltd. said Wednesday it will set up a joint holding company with two regional banks by April, creating the largest financial group in the Kansai region.
JAPAN
Aug 1, 2001

Producer promotes Asian women singers

Chika Asamoto is a professional saxophonist in her own right but nowadays she works chiefly as a producer to promote talented Asian female singers.
BUSINESS
Jun 30, 2001

NTT launches L-mode Internet service

In a bid to halt the ongoing demise of fixed phone services, the Nippon Telegraph and Telephone group on Friday launched L-mode, a text-based Internet browsing service that does not require a computer.
BUSINESS
Jun 29, 2001

Global sales, restructuring fuel Nissan's revival

Two of the mostly eagerly awaited financial reports this year were those of Nissan Motor Co. and Snow Brand Milk Products Co.
CULTURE / Stage
Jun 27, 2001

Noda weaves another fantastical web

Hideki Noda, head of the cutting-edge theater company Noda Map, wrote and directs its latest production, "Nisesaku: Sakura no Mori no Mankai no Shita (A Fake: Under the Cherry Trees in Full Bloom)." He also acts, as the King of Hida, often running with all his considerable force along the sakura-draped...
Japan Times
COMMUNITY
Jun 24, 2001

Help is on the way

At the mega-corporation Fuji Xerox Co., Ltd. there is a standing offer to all employees: the option of taking three months to two years of unpaid leave for "social welfare" volunteer activities.
BUSINESS
Jun 23, 2001

Get a grip, brokers -- this is only a first step

The introduction in October of the much-touted U.S. 401(k)-style corporate pension system in Japan will have little impact until individual investors feel more confident about the regulatory environment and the economy, said Brian Murdoch, president and CEO of Merrill Lynch Investment Managers.
BUSINESS
Jun 22, 2001

KVH Telecom to launch Osaka service

OSAKA -- KVH Telecom Co., a Tokyo-based provider of broadband communications services, announced Thursday the launch of its services here, and President and CEO Rakesh Bhasin said he is confident about his firm's first operation outside Tokyo.
JAPAN
Jun 21, 2001

Seafood firm hit over duty evasion

Customs authorities have searched Osaka seafood firm Kanbe Co. for evidence of evading duties on octopus imported from Africa, industry sources said Wednesday.

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