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BUSINESS
Nov 27, 2008

Diageo makes Kirin new distributor

Kirin Holdings Co., Japan's biggest beverage maker, will start selling Diageo PLC's beers and spirits in Japan from June, ending Sapporo Holdings Ltd.'s 44-year sales contract with the British company.
Japan Times
LIFE / Travel
Nov 23, 2008

Where are world's 'targeted' tourists visiting in Japan?

As part of the Visit Japan Campaign, the central government identified 12 "target" countries and regions on which to concentrate marketing activities. Have their efforts paid off? We asked industry insiders from each of the selected countries how Japan was perceived as a tourist destination.
BUSINESS
Nov 18, 2008

Service demand decreases for second month

Demand for services fell for the second straight month in September as squeezed profits began to affect employment and paychecks, dimming prospects for consumer spending to support the world's second-largest economy, the government said Monday.
BUSINESS
Nov 15, 2008

Asia's emerging-economy exports may slump 20%, Nomura says

SINGAPORE (Bloomberg) Exports from Asia's developing economies may decline 20 percent over the next year as a deepening global slowdown hurts demand for the region's products, according to Nomura International (HK) Ltd.
EDITORIALS
Nov 14, 2008

Hard times for U.S. automakers

If there were any doubts about the severity of the economic downturn and its impact on the "real economy," they were put to rest last week by reports from U.S. automakers. General Motors Corp. warned that it may not have enough cash to keep operating through the year; Ford's situation is not as dire,...
BUSINESS
Nov 14, 2008

Industry use down at Chubu Electric

Chubu Electric Power Co., the utility that supplies power to Toyota Motor Co., said sales to industrial users may have fallen in October for the third straight month as the slowdown in the U.S. economy hits Japanese exports.
EDITORIALS
Nov 12, 2008

Financial crisis hits home

The global financial crisis is hitting Japanese companies hard. Symbolic is Toyota Motor Co.'s prediction of its own business performance for the full year to March 2009. The rise of the yen's value and the slowing down of the world economy as seen in decreased auto sales in the United States and Europe...
Japan Times
BUSINESS
Nov 12, 2008

Toyota iQ named year's top car

The Toyota iQ "microcar" has been named Japan's car of the year, giving the automaker a potential tool to lure buyers away from BMW's Mini brand, the award organizer said Tuesday.
JAPAN
Nov 8, 2008

H&M new darling of Tokyo fashion scene

Hennes & Mauritz, which drew long lines with its first Japan store, is hoping to repeat that success by opening a second shop Saturday with collaborative designs from fashion icon Rei Kawakubo.
BUSINESS
Nov 8, 2008

JAL profit forecast tumbles 44%

Japan Airlines Corp., Asia's largest carrier by sales, cut its full-year operating profit forecast 44 percent as higher fuel surcharges for overseas travel and a slowdown in the global economy reduce demand.
COMMENTARY
Nov 3, 2008

Different playbooks aimed at balancing Asia's powers

NEW DELHI — The Japan-India security agreement signed recently marks a significant milestone in building Asian power equilibrium. A constellation of Asian states linked by strategic cooperation and with shared common interests is becoming critical to instituting stability at a time when major shifts...
BUSINESS
Oct 31, 2008

Mazda to maintain alliance with Ford, company president says

Mazda Motor Co. will maintain its alliance with Ford Motor Co., which owns one-third of Mazda's stake, despite the ongoing realignment in the U.S. auto industry, Mazda President and CEO Hisakazu Imaki said Thursday.
BUSINESS
Oct 28, 2008

Toyota China plant

Toyota Motor Corp. said Monday it will build a new factory in China as demand for its autos there jumped 30 percent in the first nine months of this year.
Japan Times
BUSINESS / GERMAN JOURNALIST SYMPOSIUM
Oct 27, 2008

Growth depends on companies' ability to adapt

Germany and Japan face some common challenges as they try to maintain growth amid the global financial crisis, veteran journalists from German media organizations told a recent symposium in Tokyo.
BUSINESS
Oct 24, 2008

Automakers to lower production in Britain

LONDON (Kyodo) Japanese automakers operating in Britain have announced production cuts due to the slowing European economy, but Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. have so far announced no workforce reductions.
BUSINESS
Oct 18, 2008

Sony Ericsson Mobile reports quarterly loss

Sony Ericsson Mobile Communications Ltd., the mobile phone venture of Sony Corp. and Ericsson AB, reported its first quarterly loss in five years on costs to cut jobs and a loss of market share to rivals, including Apple Inc.
BUSINESS
Oct 15, 2008

Steps set to keep TSE stable

The government announced a package of measures Tuesday to stabilize the volatile stock market, including suspending sales of government-held shares.
Japan Times
BUSINESS
Oct 11, 2008

Takashimaya, H2O plan merger within three years

Takashimaya Co., Japan's third-biggest department store chain, plans to merge within three years with smaller H2O Retailing Corp., which operates the Hankyu and Hanshin department stores.

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
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