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JAPAN
Jul 13, 2000

Snow Brand faces criminal probe over tainted milk

Osaka Prefectural Police will launch a criminal investigation into an outbreak of food poisoning attributed to Snow Brand Milk Products Co. goods on suspicion of professional negligence resulting in bodily injury as well as violations of the Food Hygiene Law, police sources said Wednesday.
BUSINESS
Jul 11, 2000

U.S. firm to start bid for Nissan affiliate today

U.S. auto parts maker Johnson Controls Inc. will launch a tender offer today for all outstanding shares in Ikeda Bussan Co., a major auto-seat maker affiliated with Nissan Motor Co.
JAPAN
Jul 9, 2000

Snow's tainted-milk fiasco likened to deadly Tokai nuclear negligence

OSAKA -- Local residents here are angry over revelations that Snow Brand Milk Products Co.'s bacteria-tainted milk was released due to slipshod quality control procedures, and with their faith in the firm shattered, they are comparing the mass food-poisonings to last year's deadly nuclear accident.
COMMUNITY
Jul 9, 2000

Funding films by finding housing for foreigners

Walking with Akio Sakurai to his real estate office in Tokyo's Chuo Ward, he told the story of an Indian couple -- the husband working for a major European bank -- for whom he had found an apartment. The day before they were due to sign the contract, the landlord rang and withdrew the offer. A Japanese...
JAPAN
Jul 7, 2000

Man arrested for allegedly conspiring to sell fake cigarettes

Police have arrested a 66-year-old real estate company employee for allegedly conspiring to sell counterfeit Mild Seven Lights and Seven Stars, both popular cigarette brands sold by Japan Tobacco Inc., police said Thursday.
EDITORIALS
Jul 6, 2000

Outfoxed in Mexico

Mexico begins the 21st century with a bang. Voters last weekend rejected 71 years of one-party rule and elected Mr. Vicente Fox, a political outsider, as their president. The Mexican people have made it clear that they are ready for change. Mr. Fox, a rancher and former businessman, has vowed to do just...
BUSINESS
Jul 1, 2000

Sony, Tokyu in broadband tieup

Sony Corp. and railway operator Tokyu Corp. signed a memorandum of understanding Friday to form a strategic alliance to jointly promote broadband network business.
JAPAN
Jul 1, 2000

DIC purchases 198 billion yen of Sogo's loans from Shinsei

The state-run Deposit Insurance Corp. announced Friday it will buy 197.6 billion yen of Shinsei Bank's outstanding loans to troubled department store chain Sogo Co. and waive 97 billion yen of that amount.
JAPAN
Jul 1, 2000

Snow low-fat milk makes over 1,500 sick in Kansai

OSAKA -- Health authorities have announced that 1,524 people have complained of illness in Osaka and seven other prefectures in western Japan after drinking low-fat milk products produced by Snow Brand Milk Products Co.
BUSINESS
Jun 30, 2000

Drop in DoCoMo stake feasible: NTT

Nippon Telegraph and Telephone Corp. may reduce its stake in cellular unit NTT DoCoMo Inc. but will not permit its ownership to drop below 50 percent, NTT executives said Thursday.
COMMUNITY
Jun 29, 2000

Fresh ideas keep old traditions alive

"A hundred people must have told me it was impossible," said Sarah Cummings as we sipped sake in the stylish Kurabu restaurant in the village of Obuse.
BUSINESS
Jun 29, 2000

NTT breakup fails to level playing field

Nearly a year after the splitup of Nippon Telegraph and Telephone Corp., the big experiment is coming under scrutiny as questions are raised over whether its new profile has actually made a difference.
BUSINESS
Jun 28, 2000

Three DaimlerChrysler execs to join MMC board

Shareholders of Mitsubishi Motors Corp. approved a plan Tuesday to have on the company's board of directors three people appointed by DaimlerChrysler AG, which is to become Mitsubishi Motors' main shareholder.
JAPAN
Jun 25, 2000

Santen blackmail suspect questioned

OSAKA — Police questioning a 56-year-old man arrested Friday afternoon for alleged attempted blackmail of Santen Pharmaceutical Co. found the suspect had no personal ties to the leading eyewash maker.
BUSINESS
Jun 24, 2000

Nissho Iwai, Samsung to share overseas units

Japanese trading company Nissho Iwai Corp. said Friday that it has agreed with South Korean trader Samsung Corp. to share overseas outlets.
JAPAN
Jun 20, 2000

68 packs of fake JT cigarettes found

Japan Tobacco Inc. said Monday that at least 68 forgeries of two popular cigarette brands have been found in Ibaraki, Saitama and Gunma prefectures.
JAPAN
Jun 15, 2000

DoCoMo i-mode crashes for more than two hours

Subscribers to NTT DoCoMo Inc.'s i-mode Internet service were denied access for more than two hours from late Tuesday to early Wednesday, the company said, despite an earlier announcement that the problems had been repaired.
COMMUNITY
Jun 11, 2000

Cybird flies big plans for mobile Net future

Kazutomo Robert Hori It came as a very pleasant surprise when an old friend rang from Osaka to tell me that her son's business had taken off like a rocket. The last time I saw Robert was at his wedding seven years ago -- a spectacular if crazy event held on top of a mountain in Hiroshima Prefecture....
JAPAN
May 27, 2000

Teshima Island waste dispute nears end

A 25-year-old dispute over industrial waste dumped on Teshima Island in Kagawa Prefecture was close to being resolved on Friday when a government commission formally presented a settlement plan to the prefectural government and Teshima residents.
COMMENTARY / World
May 26, 2000

From Asian style to global style

"If mankind eradicates the habitat of the giant panda, then the panda ceases to exist in the wild. The IMF package is a mandate to eradicate the existing habitat of Asia's corporates." -- Russel Napier, a strategist at Credit Lyonnais Securities Asia
BUSINESS
May 25, 2000

NTT DoCoMo logs 19.3% sales increase

Boosted by the soaring number of mobile phone users, cellular operator NTT DoCoMo Inc. announced Wednesday that it posted consolidated sales of 3.72 trillion yen for fiscal 1999, which ended in March, up 19.3 percent from the previous year.
BUSINESS
May 24, 2000

Yamaha revs up group sales, profit records

Yamaha Motor Co. scored record sales and pretax profits on a consolidated basis in fiscal 1999, which ended March 31, due in part to reduced operation costs, the company said Tuesday.
BUSINESS
May 20, 2000

SpeedNet boss to take blame

The board of directors at SpeedNet Inc. was expected to endorse the resignation of President Yutaka Shinto at its extraordinary meeting Friday, company sources said.
BUSINESS
May 19, 2000

25% Mitsui profit dip laid to loan-loss provisions

Trading house Mitsui & Co. said Thursday that its group pretax profits plunged 24.7 percent to 52.61 billion yen in fiscal 1999 on sales of 13.20 trillion yen, down 5.6 percent.
CULTURE / Books
May 16, 2000

Japan still has its strengths

PRODUCTIVITY IMPROVEMENT: How Japanese Enterprises Meet the Challenge, by Hirotoshi Shibuya and Hideyuki Kamiryo. The Japan Times, 2000, 209 pp., 3,000 yen (cloth). While corporate philosophies and principles may change from country to country, the basics of finance are constants. "Productivity Improvement"...
COMMENTARY / World
May 14, 2000

Fight against pirates slowed by China

VLADIVOSTOK, Russia -- After dark on April 21, two boats carrying 20 pirates armed with cudgels and metal rods slipped up alongside a Russian freighter called Forest-1 in the port of Chittagong, Bangladesh.
BUSINESS
May 12, 2000

Rival steel companies agree to leave sectors of the market to each other

Nippon Steel Corp. and Sumitomo Metal Industries Ltd. will cease production of certain steel products that are unprofitable for each while increasing production of the other's discontinued item, company officials said Thursday.
JAPAN
May 11, 2000

Lower House endorses corporate breakup rules

A House of Representatives committee on Wednesday approved revisions to the Commercial Code that will make it easier for companies to spin off unprofitable divisions.

Longform

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