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BUSINESS
May 1, 2002

Fuji Photo sees 74% sales growth

Fuji Photo Film Co. said Tuesday its group sales in fiscal 2001 grew 73.6 percent from the year before to 2.4 trillion yen because Fuji Xerox Co. was included as a direct subsidiary.
BUSINESS
May 1, 2002

Japan steel industry blasts U.S. dumping charge

The Japanese steel industry on Tuesday criticized a preliminary ruling by the U.S. Commerce Department that cold-rolled steel products from Japan and 19 other exporters are being dumped on the U.S. market.
Japan Times
JAPAN
Apr 30, 2002

Bottom line for recent CPA grad, 71, is to keep at it with immortal energy

For Masahiko Tanabe, 71, the secret to staying young is to stay curious. Having worked in the technological and petrochemical fields for more than 45 years, Tanabe's fascination with accounting led him to acquire a degree as a U.S. certified public accountant at the age of 70.
JAPAN
Apr 30, 2002

Sato poised to face fresh charges

Tokyo prosecutors will in a few days charge a former senior secretary of ex-Liberal Democratic Party Secretary General Koichi Kato with having evaded 50 million yen in taxes by concealing about 150 million yen in income, investigative sources said Monday.
BUSINESS
Apr 30, 2002

Cigarette sales drop for third consecutive year

Cigarette sales fell for the third consecutive year in fiscal 2001, which ended March 31, according to a manufacturers' association.
EDITORIALS
Apr 29, 2002

The importance of conserving forests

Forests play a vital role in preventing global warming and building sustainable societies. So the need to protect and develop them can never be stressed enough. Japan's substantial forests make it a notable example. In brief, that is the message of the government report on forests and forestry released...
Japan Times
COMMUNITY
Apr 28, 2002

They came, they saw, they democratized

"Bataan," the C-54 transport carrying Gen. Douglas MacArthur, the Supreme Commander of Allied Powers (SCAP), landed at Atsugi, Kanagawa Prefecture, at 2:05 p.m. on Aug. 30. The general, wearing sunglasses and puffing on a corncob pipe, struck a dramatic pose near the top of the ladder for the more than...
Japan Times
COMMUNITY
Apr 28, 2002

Stop the presses

At 7 p.m. on Oct. 11, 1946, it was quiet in The Japan Times newsroom in central Tokyo. The deadline for the next day's first edition had passed, and day-shift editors were ready to pack up and leave. Then, with no prior warning, a surprise visitor appeared in their midst.
Japan Times
CULTURE / Music
Apr 28, 2002

If you like pina colada . . .

Singer, songwriter, guitarist, dancer, entertainer -- any of these titles are appropriate for describing the versatile Latin American star Shakira. But it's the combination of all these together that makes her such an explosive performer.
JAPAN
Apr 27, 2002

Mitsui case breaks new ground for wartime redress

A decision Friday to order a private company to pay compensation to foreign wartime forced laborers has been hailed as an indication that the nation's judiciary may be increasingly willing to favor foreigners who suffered at the hands of Japan during World War II.
BUSINESS
Apr 27, 2002

CPI falls for fourth consecutive year

The nationwide consumer price index in fiscal 2001 fell a record 0.8 percent as the deflationary spiral showed no signs of abating, the government said Friday.
Japan Times
JAPAN
Apr 27, 2002

Waseda project hatching entrepreneurs

Inside decades-old school buildings in Shinjuku Ward, Tokyo, that had been used by Waseda Jitsugyo High School until a year ago, university students and entrepreneurs work around the clock to realize their dream of launching successful startup businesses.
BUSINESS
Apr 27, 2002

Hitachi, Matsushita, Mitsubishi log huge losses

Hitachi Ltd., Matsushita Electric Industrial Co. and Mitsubishi Electric Corp. all posted record consolidated losses in fiscal 2001, according to earnings reports released Friday.
JAPAN
Apr 26, 2002

Ex-LTCB exec must pay RCC 100 million yen

The Tokyo District Court on Thursday ordered a former vice president of the failed Long-Term Credit Bank of Japan to pay 100 million yen in compensation to the Resolution and Collection Corp. for approving irrecoverable loans to a resort developer in 1992.
BUSINESS
Apr 26, 2002

Japan to take flexible stance on oil reserves: METI

Japan plans to relax its oil reserves policy and will unleash stockpiles in the event of a surge in crude oil prices, government sources said Thursday.
BUSINESS
Apr 25, 2002

Aiwa incurs 46 billion yen net loss

Audio-equipment maker Aiwa Co. said Wednesday its group net loss increased to 46.58 billion yen in fiscal 2001, up from 39.01 billion yen a year earlier, due to large retirement benefit payouts related to workforce cuts necessitated by its planned integration with Sony Corp.
Japan Times
ENVIRONMENT / OUR PLANET EARTH
Apr 25, 2002

Japan: A land gone to the dogs?

Alex Kerr loves Japan as much as anyone, but he knows much more about it than most. With the publication April 25 of "Inu to Oni" (Kodansha) -- a translation of his book "Dogs and Demons" (Hill and Wang, 2001) -- Japanese, too, will be able to share his insight. As it says on the cover of "Dogs and Demons,"...
BUSINESS
Apr 24, 2002

Oriental Land improves outlook

Oriental Land Co., the operator of Tokyo Disneyland, said Tuesday it will book a consolidated net profit of 12.7 billion yen for the just-ended business year, up from 5.9 billion yen forecast in November.
BUSINESS
Apr 24, 2002

Yanagisawa seeks reports from 'chogin'

Financial Services Minister Hakuo Yanagisawa said Tuesday he is seeking reports from four pro-Pyongyang credit unions to be created to take over six failed ones, on their relations with the pro-Pyongyang General Association of Korean Residents in Japan (Chongryon).
BUSINESS
Apr 24, 2002

U.S. imports one step closer to retaliatory tariffs

U.S. Trade Representative Robert Zoellick responded coolly Tuesday to Japanese demands for compensation over U.S. steel import tariffs, meaning Japan may be closer to imposing unilateral retaliatory tariffs on U.S. imports.
Japan Times
CULTURE / Art
Apr 24, 2002

Rage against the machine: anti-tech art

"The First Move," a showcase of finalists for the 2002 Philip Morris Art Award, opens this Saturday at Tokyo International Forum. On display until May 6, the exhibition includes paintings, photographs, 3-D pieces, videos, installations and computer-generated work by 57 young artists selected from more...
JAPAN
Apr 24, 2002

Consultant charged with tax evasion

Mitsuro Ozaki, a Tokyo consulting firm executive already indicted for bribery, was charged Tuesday with allegedly evading more than 32 million yen in corporate taxes.
Japan Times
BUSINESS
Apr 23, 2002

Tourism industry courts Koizumi, Bush to boost international travel

The newly signed U.S.-Japan tourism promotion pact shows the United States is greatly aware of just how much Japanese tourists mean to its economy, according to U.S. tourism industry leaders who visited Japan last week to attend the agreement's signing ceremony.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?