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November 29, 2024
 

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Japan Times
JAPAN
May 17, 2002

Contractor focuses on middle-aged hires

A small contractor in Yokohama is challenging the country's rigid labor market with an unusual strategy -- recruiting the middle-aged.
BUSINESS
May 16, 2002

Mitsubishi Heavy jumps out of the red

Mitsubishi Heavy Industries Ltd. said Wednesday that its group net balance returned to the black in fiscal 2001, chiefly due to a reduction in material costs and a weakened yen.
BUSINESS
May 15, 2002

Nippon Life, T&D to be UFJ agents

The UFJ financial group is expected to appoint Nippon Life Insurance Co. and T&D Financial Life Insurance Co. as agents tasked with carrying out paperwork and other administrative duties related to UFJ's sales of life insurance policies, industry officials said Tuesday.
Japan Times
COMMUNITY
May 12, 2002

Are local tracks up against the odds?

There is little glamor at Kawasaki Racetrack. Under grubby baseball caps, cigarettes and pencil stubs are jammed behind the ears of tense punters. The odor of ramen wafts along the betting slip-littered corridors and stairways under the stands.
BUSINESS
May 11, 2002

Consolidated taxation bill moved to Diet

The Cabinet approved a bill Friday to revise the tax code for the introduction of a consolidated tax system aimed at reducing companies' tax burdens and boosting competitiveness.
JAPAN
May 4, 2002

Tokyo execs disappear with chunk of firm's cash

Executives of a Tokyo-based company that sells health food products and promises to help clients set up their own health food business have gone into hiding, taking with them several billion yen of company funds, according to sources close to the case.
CULTURE / TV & Streaming / CHANNEL SURF
Apr 28, 2002

A suck-up, a thumbs up

Ever since SMAP-man Goro Inagaki returned from self-imposed exile, during which he supposedly reflected on his heinous parking infraction, he seems to be everywhere, as if he were making up for lost time. Perhaps as a spoof on his capacity to demonstrate self-effacement, he's currently starring in his...
Japan Times
JAPAN / MUSEUM MUSINGS
Apr 27, 2002

Craftsmen keep alive hair ornaments that were all the rage in Edo Period

The display of fine Japanese hair ornaments at Tsumami-Kanzashi Museum in Tokyo's Shinjuku Ward illustrates a small world of plums, cherry blossoms, chrysanthemums, chestnuts, bees and phoenixes created with pieces of colorful silk.
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.
LIFE / Digital
Apr 25, 2002

Lie detection infiltrating everyday life

When Bill Clinton first said, "I never had sexual relations with that woman . . ." back in 1998, a report flushed that a new Israeli lie detector figured he was being truthful.
Japan Times
BUSINESS
Apr 22, 2002

Nutritional company targets a 'priceless' market

Nature's Sunshine Products, the Utah-based company that revolutionized the nutritional supplement industry, this month celebrated its 30th anniversary with a convention in Fukuoka that brought together top executives and its Japanese "family."
SOCCER / World cup
Apr 21, 2002

JAWOC put on hold by FIFA

The drawing to decide successful applicants for the third round of World Cup ticket sales will take place as early as April 26, providing the Japanese World Cup Organizing Committee receives a reply from FIFA, JAWOC said Friday. The April 26 drawing has been set based on JAWOC's initial plans.
JAPAN
Apr 19, 2002

Travel agencies found in JET air-ticket scam

Major travel agency Kinki Nippon Tourist Co. was involved in a scheme last year in which it issued cut-rate airline tickets to JET teachers, billed local governments for regular fares and pocketed the difference, it was learned Thursday.
BUSINESS
Apr 18, 2002

Hitachi, IBM to form hard disk drive alliance

Hitachi Ltd. and International Business Machines Corp. said Wednesday they have agreed to form a strategic alliance in the field of storage technologies and will set up a joint venture to integrate their hard disk drive operations.
BUSINESS
Apr 13, 2002

Nikko unit to buy Tower Records

Nikko Principal Investments Corp., an affiliate of Nikko Cordial Corp., plans to buy all of the shares of Tower Records Inc. from its U.S. parent company MTS Inc. by around May, a spokesman at Nikko Cordial said Friday.
JAPAN
Apr 11, 2002

Tokyu Agency to pay 840 million yen over tax evasion

Major advertising agency Tokyu Agency Inc. failed to declare 1.03 billion yen in income for the five years to March 2001 and must pay 840 million yen in additional taxes and penalties, industry sources said Wednesday.
BUSINESS
Apr 10, 2002

Yamaha to boost presence in China, Asian markets

Yamaha Motor Co. said Tuesday it has launched a three-year business plan that focuses on sales growth in China and other Asian markets.
BUSINESS
Mar 29, 2002

Nissan to maximize stake in Renault

Nissan Motor Co. said Thursday it will acquire 13.5 percent of its alliance partner Renault SA through subsidiary Nissan Finance Co.
BUSINESS
Mar 28, 2002

MMC president-to-be leaves no stone unturned

When he arrived in Tokyo more than a year ago from the Railsystem Unit of the DaimlerChrysler Group, Rolf Eckrodt, vice president and chief operating officer of Mitsubishi Motors Corp., gave each MMC executive a piece of the Berlin Wall encased in clear plastic.
BUSINESS
Mar 28, 2002

Three electric cable makers to merge

Sumitomo Electric Industries Ltd. and two other electric cable makers said Wednesday they have reached a basic agreement to integrate operations to overcome a slump in demand.
BUSINESS
Mar 23, 2002

Snow Brand Foods to sell additives unit to Nissho Iwai

Snow Brand Foods Co., a meat processor and subsidiary of Snow Brand Milk Products Co., said Friday that it will sell its imported food additives operation to trading house Nissho Iwai Corp. on March 31.
BUSINESS
Mar 21, 2002

Sanyo Electric expects lower earnings

OSAKA -- Sanyo Electric Co. said Wednesday it has revised its profit outlook downward for the year to March 31, primarily due to smaller-than-expected sales.
BUSINESS
Mar 19, 2002

Seiko mulls reducing holdings in Epson unit

Seiko Corp. on Monday confirmed news reports that it is considering selling part of its equity stake in Seiko Epson Corp. by the end of this month.
BUSINESS
Mar 19, 2002

Electronics titans aim for LSIs

Hitachi Ltd. and Mitsubishi Electric Corp. announced Monday that they will set up a joint venture to integrate their semiconductor businesses relating to system LSIs, or large-scale integrated circuit chips.
BUSINESS
Mar 9, 2002

Foreigners turn net buyers

Nonresident investors bought 113.87 billion yen more than they sold last week on the Tokyo, Osaka and Nagoya stock exchanges, against net sales of 37.93 billion yen the previous week, according to industry figures.
BUSINESS
Mar 7, 2002

Short selling turns higher

The balance of stocks sold short turned higher last week after the previous week's buying frenzy to cover short positions subsided.
BUSINESS
Mar 6, 2002

Mitsubishi Estate expects big losses

Mitsubishi Estate Co. said Tuesday it anticipates a consolidated net loss of 72.5 billion yen in the business year through March, a reversal from an earlier forecast profit of 20.5 billion yen, as it will write off latent losses on real estate holdings.
Japan researchers develop a simple way to spot signs of Alzheimer's disease
In 2022, the number of elderly people with dementia in Japan reached 4.43 million, according to data from the health ministry.
Real estate worth ¥25 trillion puts Japan companies in spotlight
Elliott Investment Management's stake in Tokyo Gas is centered around getting the utility to sell off its real estate holdings, including Shinjuku Park Tower, which houses the Park Hyatt Hotel Tokyo.
Two dead after fire at Upper House lawmaker Kuniko Inoguchi’s apartment
A fire broke out on the sixth floor of an apartment building where Upper House lawmaker Kuniko Inoguchi resides on Wednesday in Tokyo's Bunkyo Ward.
Japan investigating Amazon for allegedly bullying other businesses
Packages move along a conveyor belt at an Amazon warehouse
Tokyo’s take on that viral chocolate from Dubai
Cafe N°_5's take on the Dubai chocolate craze that has been circulating on social media over the past few months is a mix of bitter and sweet.
‘What Divides Us’ producer honors grandfather’s Hiroshima reportage
“What Divides Us" producer Cannon Hersey says his grandfather, who wrote about the aftermath of nuclear destruction in Hiroshima, never spoke about what he had seen while working with Japanese minister Kiyoshi Tanimoto to preserve the stories of survivors.
DPP’s Tamaki leverages new position with energy proposal
DPP leader Yuichiro Tamaki in Tokyo on Tuesday
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
China defense minister being investigated for corruption, report says
Chinese Defense Minister Dong Jun attends the opening ceremony of the Xiangshan Forum at the Beijing International Convention Center on Sept. 13. Dong is the third consecutive incumbent or former defense chief to be probed over alleged corruption.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Greg Dvorak

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