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Japan Times
BUSINESS / INDUSTRY TRENDS
Apr 17, 2003

Big screens on grand scale win back new generation of film fans

The magic of Harry Potter and "The Lord of the Rings" may not be the only reason that people are returning to movie theaters.
BUSINESS
Apr 15, 2003

Corporate bankruptcies record 5.6% slide in fiscal 2002

A total of 18,928 companies went bankrupt in the 2002 business year, down 5.6 percent from a year earlier and the first decline in two years, Teikoku Databank Ltd. said Monday.
BUSINESS
Apr 11, 2003

Seven-Eleven earnings up 23rd straight year

Convenience store chain Seven-Eleven Japan Co. said Thursday it racked up its 23rd consecutive year of record earnings in the year through Feb. 28, thanks to aggressive store openings.
BUSINESS
Apr 11, 2003

Takashimaya swings to net profit

Takashimaya Co. said Thursday its group net balance swung into the black for the year to Feb. 28 but that its consolidated revenue and pretax profit dropped due to continued economic stagnation.
Japan Times
JAPAN / INTERNATIONAL RATIONALE
Apr 9, 2003

Domestic firms missing out on slice of medical device market

Dr. Kiyoshi Namba is a hard-core believer in medical technology. A breast cancer specialist, Namba has invested heavily in state-of-the-art medical equipment at his two clinics in Miyazaki Prefecture, claiming this provides exactly what he needs to counter the killer disease -- the earliest detection...
BUSINESS
Apr 4, 2003

First over-the-counter sleeping pills hit stores amid barrage of inquiries

The country's first over-the-counter sleeping pills hit shelves Thursday, with their maker forecasting that the drug could meet its original sales target for the year within the first month.
Japan Times
COMMUNITY
Mar 30, 2003

Lock & key

KAZUYOSHI UEHARA -- not the Kazuyoshi Uehara -- rang the doorbell. He sensed a pause, a hesitation, an interrupted action -- his imagination no doubt -- and tensed slightly as approaching footsteps grew audible.
BUSINESS
Mar 29, 2003

Tokyo consumer prices fell 0.9% in '02

The key gauge of consumer prices in Tokyo fell 0.9 percent in 2002, down for a record fourth straight year and indicating the increasing deflationary pressure across the country, according to a government report released Friday.
BUSINESS
Mar 27, 2003

Five Wal-Mart execs join Seiyu's board

Struggling supermarket chain Seiyu Ltd. said Wednesday that five representatives of Wal-Mart Store Inc. have joined its board of directors, formalizing the U.S. retail giant's involvement in Seiyu's management.
Japan Times
COMMUNITY
Mar 23, 2003

English text lays bare a secret

Fanc a trip to a not-so-secret but hitherto inaccessible part of Japan?
BUSINESS
Mar 18, 2003

Iraq question said hurting U.S. auto market

The U.S. automotive industry will remain weak until the uncertainty surrounding the possible war in Iraq is clarified, General Motors Corp. Chairman John Smith Jr. said Monday in Tokyo.
BUSINESS / INTERNATIONAL RATIONALE
Mar 15, 2003

Multilateral alliance good for ANA, but JAL isn't convinced

All Nippon Airways Co. President Yoji Ohashi could hardly contain his joy last month when he witnessed the entry of Asiana Airlines Inc., South Korea's No. 2 carrier, into Star Alliance, the world's largest airline coalition.
JAPAN
Mar 14, 2003

Japan Tobacco strikes back with smoking salons

With the stock market hitting 20-year lows and the economic outlook getting worse, Japan's smokers have even more excuses to light up. Yet, in a country which has long been tolerant of tobacco use, a growing antismoking trend has made life for addicts more difficult.
BUSINESS
Mar 13, 2003

Seiko hopes to double its net profit

Watch maker Seiko Corp. said Wednesday its group net profit will more than double over the next three years under a new business plan through March 2006. By then, Seiko expects a group net profit of 8.5 billion yen, up from an estimated 3.5 billion yen profit for fiscal 2002.
JAPAN
Mar 11, 2003

GSK unit allegedly hid income

The Japanese affiliate of GlaxoSmithKline, the world's second-largest drug maker, failed to declare about 65 billion yen in income over a period of three years through its business year to Dec. 31, 2001, sources said Monday.
BUSINESS
Mar 7, 2003

UFJ spearheads bid to save small firms

The UFJ group, the nation's fourth-largest lender, will team up with financial services company Orix Corp., trading company Marubeni Corp. and others to set up a fund aimed at turning around small and medium-size firms, UFJ officials said Thursday.
BUSINESS
Mar 6, 2003

Group formed to drum up support for deregulation

A government panel established a working group Wednesday to encourage deregulation measures in 12 key areas.
Japan Times
CULTURE / Music / FUZZY LOGIC
Mar 2, 2003

Whatever you do, don't call them . . .

It's not every day that someone threatens to kill you. My mistake is to suggest to Asian Dub Foundation bassist Dr. Das that the new album, "Enemy of the Enemy," suggests ADF are moving in a more chilled-out eclectic direction.
Japan Times
BUSINESS
Mar 1, 2003

Rotary-powered RX-8 to hit the streets in April

HIROSHIMA -- It was the technology that created Cosmo Sports, the world's first dual rotary engine car, and shot Mazda Motor Corp. into the global spotlight in 1967.
BUSINESS
Feb 28, 2003

Kinki Nippon lays profits to cost cutting

Kinki Nippon Tourist Co. said Thursday its group net profit grew 4.8 percent to 2.45 billion yen last year thanks to cost cuts and a rebound in overseas travel.
BUSINESS
Feb 27, 2003

Automakers see jump in global output

Each of Japan's five biggest automakers said Wednesday they posted a year-on-year rise in domestic and overseas output for January due to robust overseas demand and their policy of moving factories abroad.
EDITORIALS
Feb 27, 2003

New BOJ head's main task

On March 20, former Bank of Japan Deputy Gov. Toshihiko Fukui will replace current BOJ Gov. Masaru Hayami as head of Japan's central bank. Mr. Fukui, now director of the Fujitsu Research Institute, will be assisted by two new deputies: Mr. Toshiro Muto, former vice minister of finance, and Mr. Kazumasa...
BUSINESS
Feb 19, 2003

Bandai to adopt holding firm system

Toy maker Bandai Co. said Tuesday it will adopt a holding company structure by March 2006 as part of a new three-year business plan that will be implemented in April.
BUSINESS
Feb 19, 2003

Showa Shell profits increase

Showa Shell Sekiyu K.K. chalked up a consolidated net profit of 18.67 billion yen in the business year that ended in December, up sharply from the previous year's 2.61 billion yen.
BUSINESS
Feb 18, 2003

Failures down in January but liabilities rose

The number of corporate bankruptcies fell 11.4 percent in January from a year earlier, but liabilities left behind rose 14.2 percent to 1.22 trillion yen, the largest January figure in the postwar period, Teikoku Databank Ltd. said Monday.
Japan Times
BUSINESS
Feb 18, 2003

Toyota launches revamped Harrier SUV with crash radar

Toyota Motor Corp. on Monday released its remodeled Harrier luxury sport utility vehicle on the domestic market, touting the inclusion of what the automaker says is the world's first precrash safety system using "millimeter-wave" radar.
Japan Times
BUSINESS
Feb 18, 2003

Cigar maker hopes to light up Japanese market

Altadis, the world's leading cigar maker, is set to increase its share in the small but fast-growing Japanese market by primarily targeting fashion-conscious young professionals, according to the firm's Asia-Pacific sales manager.
Japan Times
JAPAN / PREFECTURAL FARE
Feb 15, 2003

Taste, color of Tokushima arrive in Tokyo

One weekday afternoon in January, an elderly woman dropped by Tokushima Ai-ai Plaza in Tokyo's Minato Ward just to pick up a package of boiled and dried baby sardines and fish paste.
BUSINESS
Feb 14, 2003

Tokyo new condo supply slips 2.8%

The number of new condominiums put on sale in the Tokyo metropolitan area in January fell 2.8 percent from a year before to 3,327 units, the Real Estate Economic Institute said Thursday.

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