Search - company

 
 
BUSINESS
Feb 1, 2001

Sega Corp. shuts down Dreamcast production

Video game giant Sega Corp. officially announced Wednesday it will halt production of its loss-making Dreamcast game console by the end of March and shift to game software.
BUSINESS
Jan 31, 2001

Matsushita Electric unit announces share buyback

OSAKA -- Matsushita Electric Works Ltd. announced Tuesday that it will buy back 50 million of its shares for cancellation over the next three years.
BUSINESS
Jan 30, 2001

Mycal to unload health club stake

OSAKA -- Mycal Corp. supermarket chain and game software developer Konami Co. said Monday they have agreed on the sale of a majority stake in People Co., a major health club chain belonging to the Mycal group, by late February.
JAPAN
Jan 28, 2001

Egalitarian values stifle creativity: researcher

The egalitarianism embedded in Japanese society deprives researchers and scholars of the economic incentives to pursue creative and innovative studies, according to 46-year-old Shuji Nakamura.
BUSINESS
Jan 24, 2001

NTT unit eyes local calls

NTT Communications Corp., a major long-distance and international telecom carrier, will enter the local-call market in May, company officials said Tuesday.
BUSINESS
Jan 18, 2001

Toyobo shifts focus

Major spinning firm Toyobo Co. will shift the emphasis of its business from traditional mainstay textile products to more profitable nontextile areas such as chemicals and biotechnology-related products, according to company officials.
BUSINESS
Jan 11, 2001

NEC plans to spin off specialized chip unit

NEC Corp. plans to spin off its semiconductor business for high-speed communications networks, as demand is expected to grow in coming years, the company said Wednesday.
BUSINESS
Jan 10, 2001

Suntory director vows to make beer division profitable

Leading alcoholic beverage producer Suntory Ltd. on Tuesday pledged to make its beer production division profitable in 2001 for the first time in nearly four decades.
BUSINESS
Jan 8, 2001

Microsoft shows off the Xbox

LAS VEGAS, Nev. -- Attendees at the 2001 Consumer Electronics Show on Saturday were given the first public viewing of Xbox, the new 128-bit video game console being developed by computer software giant Microsoft.
JAPAN
Dec 31, 2000

Pioneering diesel engine developed by Fuji Heavy

Fuji Heavy Industries Ltd., maker of Subaru cars, has developed what it claims is the world's first horizontally opposed diesel engine and eventually plans to install it in a model to be launched in Europe, a Fuji senior managing director said Saturday.
JAPAN
Dec 26, 2000

Breeder raided over monkey sales

Officials in Gifu and Kumamoto prefectures suspect that Japanese monkeys are being bred and sold to researchers by firms that lack proper authorization.
BUSINESS
Dec 21, 2000

Vodafone expands presence in Japan

In a move to secure a foothold in the Japanese market, cellphone operator Vodafone Group PLC of Britain said Wednesday that it has signed a contract to acquire 15 percent of Japan Telecom Co.'s outstanding stocks from two Japan Railway group firms.
JAPAN
Dec 20, 2000

Product helps diabetics, but not here

Japanese businesses wanting to develop techniques for the regeneration of human tissue and commercialize their products are facing a major obstacle.
BUSINESS
Dec 20, 2000

Mitsubishi Motors to shut down major plant in Nagoya

Mitsubishi Motors Corp. plans to close one of its three main domestic car assembly plants during fiscal 2001, which begins next April, company sources said Tuesday.
BUSINESS
Dec 15, 2000

Bridgestone cuts earnings forecast

Bridgestone Corp. on Thursday slashed its consolidated earnings forecasts for the business year to Dec. 31, after a scandal over faulty tires in the United States and elsewhere gouged the group's net profits by more than 80 percent from the initial projection.
BUSINESS
Dec 12, 2000

Online recruiter reveals global plan

Online recruiting startup daijob.com Inc. announced Monday it has formed an alliance with five online recruiting businesses in the United States, Europe, Australia, Singapore and China to facilitate global recruiting of professionals in information technology and other fields.
BUSINESS
Dec 8, 2000

Matsushita to make cellphones in Latin America

OSAKA -- Matsushita Communication Industrial Co., the nation's leading maker of mobile phones, is considering building a new plant in Mexico or South America to enhance overseas production, the company's president said Thursday.
JAPAN
Nov 30, 2000

Ex-KSD chief now faces breach-of-trust charge

Prosecutors on Wednesday afternoon served a fresh arrest warrant on a former chief of KSD, a government-linked group that provides industrial accident insurance to small businesses, on suspicion of breach of trust, investigative sources said.
JAPAN
Nov 18, 2000

Tieup to create largest chemical firm in nation

Sumitomo Chemical Co. and Mitsui Chemicals Inc., Japan's second- and third-largest chemical firms, said Friday they will integrate their management by October 2003 in a bid to survive intensified global competition.
JAPAN
Nov 15, 2000

Three nabbed for stock manipulation

Three investors in Chinese restaurant chain Totenko Co. were arrested on Tuesday for allegedly trying to manipulate the price of its shares by spreading unfounded news that it would be the target of a takeover bid.
JAPAN
Oct 28, 2000

New Sanyo head promises 'customers first'

OSAKA -- Sanyo Electric Co.'s newly appointed president said Friday that he will do his utmost to recover public confidence in the company.
Japan Times
COMMUNITY
Oct 15, 2000

Honesty is JAL president's policy

Entranced by the view from the windows of an executive meeting room on the 24th floor of the headquarters of Japan Airlines in Tokyo's Tennozu Isle, I almost missed the entrance of JAL's president, Isao Kaneko. Luckily he is not the kind of man to take offense. Slightly built, in a pale gray suit, he...
CULTURE / Stage
Oct 6, 2000

Strange thing happened while crossing the bridge

Strange things, collaborations. Much admired by the devout acolytes of grant-dispensing foundations in the interests of "crossing cultures" and "mutual understanding," these unfortunate buzz phrases have thrown together more than a few unwieldy alliances in the fields of dance and theater.
BUSINESS
Sep 30, 2000

Mizuho executives express confidence in future

Chief executives of the Mizuho Financial Group expressed confidence Friday that their company is destined to lead the Japanese banking industry and become one of the world's top banks.
COMMENTARY / World
Sep 30, 2000

Time to reassess the nuclear-energy option

Safety and cost competitiveness: These two factors are clearly incompatible when it comes to nuclear energy. Yet these were some of the key words used by the government and the nuclear industry to promote nuclear energy.
JAPAN
Sep 29, 2000

Sogo urged to seek redress from execs for bad loans

OSAKA -- A citizens' group representing individual investors on Thursday called on Sogo Co. to seek damages from its former executives to recover losses stemming from irrecoverable loans to fur dealers, the group said.
JAPAN
Sep 26, 2000

Airlines told to take fees from deportees directly

The Justice Ministry's Immigration Bureau has ordered airlines not to enlist security companies to collect money from passengers awaiting deportation to cover the costs incurred during their detention, bureau officials said Monday.

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