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BUSINESS
Jun 6, 2006

Firms log 15.5 trillion yen profits

Combined pretax profits by companies totaled a record 15.51 trillion yen in the January-March quarter, up 4.1 percent from the same period last year, according to a Finance Ministry survey released Monday.
JAPAN
Jun 2, 2006

Workers shed coats, ties for '06 'Cool Biz' season

This year's "Cool Biz" casual attire campaign kicked off Thursday with men across Japan, from politicians to office employees, urged to leave their coats and ties at home during summer to help cut back on power consumption for air conditioning.
BUSINESS
Jun 1, 2006

Nippon Sheet Glass profit up 2.3%

Nippon Sheet Glass Co. said Wednesday its group net profit rose 2.3 percent to 7.76 billion yen in the 2005 business year as proceeds from sales of securities holdings outweighed the impact of higher crude oil and other raw materials costs.
BUSINESS
May 31, 2006

Nissan, Suzuki eye mutual car supply

Nissan Motor Co. and Suzuki Motor Corp. are looking to mutually supply motor vehicles under each other's brands starting this fiscal year, sources said.
BUSINESS
May 30, 2006

Nissan launches restyled Presage

Nissan Motor Co. put the remodeled Presage minivan on the market Monday in hopes of stimulating its sluggish domestic sales.
Japan Times
LIFE
May 28, 2006

Manga by any other name is . . .

With the video-game business now outgrossing Hollywood's box office, and anime being distributed to destinations as diverse as Patagonia and Phuket, the influence of Japan's entertainment industry on young people worldwide has never been as powerful.
Japan Times
BUSINESS
May 23, 2006

Profits up for megabanks

Mitsubishi UFJ Financial Group Inc. earned a net profit of more than 1 trillion yen in the 2005 business year while competitor Mizuho Financial Group Inc. booked a record-high net profit, according to earnings reports released Monday by Japan's top two banks.
BUSINESS
May 20, 2006

Economy defies dip in consumption and pulls off 0.5% rise

The economy grew by a real 0.5 percent in the January to March quarter, marking its fifth consecutive quarter of growth despite a slowdown in private consumption, the government said Friday.
BUSINESS
May 18, 2006

Honda to build three new plants

Honda Motor Co. announced business expansion plans Wednesday that include construction of a new factory in Japan and two more in North America by 2010 to meet increasing demand for its vehicles.
BUSINESS
May 12, 2006

Merged duo's photo pullout results in loss of 54 billion yen

Konica Minolta Holdings Inc. reported a 54.31 billion yen net loss for fiscal 2005 on Thursday, as it wrote down fixed assets following a decision to withdraw from the camera and film business.
BUSINESS
May 12, 2006

NEC reports 84% plunge in profit

NEC Corp. on Thursday reported an 84 percent plunge in profit for fiscal 2005 due to a drop in prices for computer chips, computers and mobile phones.
JAPAN
May 8, 2006

Sony turns a tumultuous 60 years old

Sony Corp. marked the 60th anniversary of its founding Sunday at a time when the company is struggling to regain its glory with a full recovery in its core electronics business.
JAPAN
May 1, 2006

12 sacked for taking coffee money

OSAKA (Kyodo A West Japan Railway Co. subsidiary has fired 12 workers and reprimanded 21 others for pocketing at least 5 million yen from sales of coffee served aboard sleeper express trains, the company said Sunday.
JAPAN
Apr 23, 2006

Kimura execs to be arrested this week

Police have decided to arrest Moriyoshi Kimura, president of Kimura Construction Co., and former company executives early this week on suspicion of submitting falsified financial statements to the infrastructure ministry, sources said.
BUSINESS
Apr 22, 2006

Seafood costs too much: consumers

Japanese consumers believe the price of seafood is high relative to meat, while fishermen believe it is relatively low because they are hit hard by fuel prices boosted by soaring oil prices, according to a government white paper released Friday.
BUSINESS
Apr 22, 2006

Service index off 1.5% in February

Japan's service industry activity index fell 1.5 percent in February from the previous month for the first decline in five months, due partly to lackluster wholesale and retail sales of clothing, the government said Friday.
Japan Times
LIFE / WEEK 3
Apr 16, 2006

Editor on a mission for consumers

Some people sarcastically refer to journalists in Japan as "sarariman reporters." That's because even though the Fourth Estate potentially has enormous power and influence, its members are often timid, risk-averse and happy to cozy up with the politicians, government agencies and corporations they cover....
Japan Times
LIFE / WEEK 3
Apr 16, 2006

Ugly and macho or ultimate supercool on wheels?

The streets of central Tokyo are thronged with countless high-end automobiles, but one model above all others stands out from the crowd. Two meters high and 2.1 meters wide, with a mean, military-style mien, the Hummer H2 is hard to miss among the massed ranks of Toyotas, Nissans, Beemers and Mercs....
Japan Times
BUSINESS
Apr 15, 2006

Copyright revision helps one-coin DVDs become hit with movie collectors

It happens all the time: You run down to the video store to rent your favorite movie classic, only to find someone else has beaten you to it. But what if you could buy your very own DVD of the film for the same price as renting it?
BUSINESS
Apr 13, 2006

Tokyo condo supply rose in March

The number of condominiums put on sale in the Tokyo metropolitan area in March rose 13.4 percent from a year earlier to 7,596 units, the first year-on-year increase in five months, the Real Estate Economic Institute said Wednesday.
BUSINESS
Apr 12, 2006

FamilyMart's net rose 12% in '05

Convenience store chain FamilyMart Co. said Tuesday its consolidated net profit jumped 12.5 percent to 14.20 billion yen in the year that ended in February on 9.3 percent sales growth to 276.44 billion yen.
BUSINESS
Apr 7, 2006

Boom-bust gauge stayed over 50% in February

A key gauge of the current state of the economy stood above the boom-or-bust threshold of 50 percent in February for the seventh-straight month, spurred mainly by improvement in employment conditions, the government said Thursday.
BUSINESS / JAPANESE PERSPECTIVES
Mar 27, 2006

Which management strategies raise corporate value?

Window-dressing and other fraudulent acts aimed at boosting share prices have led many Japanese to doubt whether it is really all that important to "maximize corporate value."
Japan Times
BUSINESS
Mar 15, 2006

New chief vows to steady JAL

Japan Airlines Corp. should restructure itself into an airline that can consistently make an operating profit of at least 100 billion yen so it can survive in volatile business conditions, the troubled carrier's incoming president said in an interview with The Japan Times.
Japan Times
LIFE / Style & Design / COUNTER CULTURE
Mar 10, 2006

Parisian maverick targets Tokyo

"Fashion is everything," says Armand Hadida, owner of Parisian boutique chain L'Eclaireur. "It's how you wake up, how you walk, how you eat and, of course, how you dress."

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