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November 29, 2024
 

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EDITORIALS
Jan 28, 2003

Can we trust 'Davos man'?

The rich, the powerful and the famous last week descended once again on the Swiss village of Davos for the annual meeting of the World Economic Forum (WEF). This year, the assembled luminaries pondered the loss of "trust" that has sapped institutions worldwide. The question is a vital one. Of the many...
BUSINESS
Jan 27, 2003

C&W IDC exec hands on challenge of making telecom regulations fairer

Changes in Japan's telecommunications industry over the past two years have been far-reaching and important, but much remains to be done to achieve a truly free and transparent market, according to Lisa Suits, outgoing vice president of the public policy division of Cable & Wireless IDC Inc.
JAPAN
Jan 26, 2003

Honda Motor abolishes wages based on seniority

Honda Motor Co. has abolished its seniority-based wage system and introduced performance-based pay for the 40,000 rank-and-file employees at the parent firm and nine subsidiaries, company officials said Saturday.
BUSINESS
Jan 25, 2003

Kumagai Gumi ponders spinoff

Ailing construction company Kumagai Gumi Co. plans to spin off its money-losing real estate business and carry out a massive restructuring in the hope of surviving as a slimmer company half its present size, industry sources said Friday.
BUSINESS
Jan 22, 2003

Mizuho group plots huge fundraising effort as losses jump to 1.9 trillion yen

The Mizuho Financial Group said Tuesday its fiscal 2002 losses will hit 1.9 trillion yen, a nine-fold jump from estimates issued in November, after its two banks swallow more than 2 trillion yen in loan-loss provisions.
COMMENTARY / World
Jan 20, 2003

Establishing confidence in Northeast Asia

Recent developments on the Korean Peninsula clearly indicate the need for establishing a political mechanism to maintain regional security.
Japan Times
COMMUNITY
Jan 12, 2003

Drinking in the delights of men

It was after 2 a.m. and I was on a mission in Kabukicho. The assignment involved two things: alcohol and men. As dangerous a combination as that is, what woman could resist such temptation? Certainly not this one.
BUSINESS
Jan 8, 2003

Consumption tax may be raised

The government will consider raising the consumption tax to secure revenues, even though its priority remains the elimination of unnecessary spending, Chief Cabinet Secretary Yasuo Fukuda said Tuesday.
Japan Times
BUSINESS
Jan 7, 2003

Maker of stylus-free record player has got his groove back

SAITAMA -- His friends backed him up 15 years ago when he left his lofty position at one of the world's largest electronics makers and ended up at a small audio manufacturer. But when he decided to pursue a piece of analog equipment seemingly destined to die in an increasingly digital world, they wrote...
Japan Times
BUSINESS
Jan 1, 2003

Okuda offers economic solution: substantially raise sales tax

Hiroshi Okuda, chairman of the Japan Business Federation (Nippon Keidanren), thinks he has a cure for the sick economy, but consumers aren't likely to enjoy his bitter medicine.
Japan Times
COMMUNITY
Dec 7, 2002

Journeying back to tribal roots with eagle feather

Two years ago, after more than a decade in Japan, Shirley (Blackstar) Macdonald and her husband, Chris, decided it was time to go home. Now they run Eagle Feather Gallery in Victoria, British Columbia, with a magnificent cedar house in deep forest north of the city. A long way from working in Tokyo,...
BUSINESS
Nov 29, 2002

Yanase to hand import rights on two cars over to GM unit

Yanase & Co., a car dealer specializing in foreign vehicles, said Thursday it will transfer the import rights relating to two foreign car makes to the Japanese unit of U.S. auto giant General Motors Corp.
BUSINESS
Nov 29, 2002

NTT phone access fees should stay same: panel

A Lower House panel said Thursday that interconnection fees charged by NTT East Corp. and NTT West Corp. to other carriers for accessing their phone lines should remain unchanged for the 2003 business year.
BUSINESS
Nov 27, 2002

Top life insurers' results reveal inability to reverse their decline

The nation's major life insurance companies have had little success reversing a decline in business, while their capital remains under pressure by depressed share prices, according to half-year financial results posted by the firms by Tuesday.
JAPAN
Nov 26, 2002

Forum eyes wireless infrastructure

Researchers and business elites of the telecommunications industry discussed the possibility of mobile and wireless telecommunications networks, a prospective major infrastructure undertaking for the future, at a recent seminar in Tokyo.
JAPAN
Nov 22, 2002

Nicos head to step down over scandal

Yoji Yamada, president of Nippon Shinpan Co., said Thursday he will resign next month to take the blame for the "sokaiya" racketeer payoff scandal rocking the major loan company but will remain involved in the firm's management plans.
BUSINESS
Nov 20, 2002

Tax panel gets early jump on fiscal 2003 reform plan

The Tax Commission on Tuesday proposed a reform plan for fiscal 2003 that would attempt to boost the economy by allowing tax cuts for corporate activity and to secure more revenue by reducing exemptions for individuals.
Japan Times
COMMUNITY
Nov 17, 2002

Movers and shakers behind the scenes

For journalists and valued customers, the Tokyo Collections are all about the spectacle of the shows. For buyers from Tokyo's department stores and boutiques, they are epic spending sprees -- business gambles founded on knowledge and experience laced with intuition.
BUSINESS
Nov 15, 2002

Ailing trader Tomen asks Toyota group for assistance

Struggling trading house Tomen Corp. said Thursday its earnings for the first half to Sept. 30 plunged with sluggish revenues, and its president said the company is reaching out to the Toyota Motor Corp. group for assistance.
COMMENTARY
Nov 13, 2002

Midterms heap accountability on Bush

HONOLULU -- U.S. President George W. Bush is basking in the results of last week's midterm elections. Bush's Republican Party increased its presence in Congress, an outcome that the president claims validates his policies and provides him with a mandate for the remaining two years of his term. Fears...
Japan Times
CULTURE / Music / JAZZNICITY
Nov 10, 2002

Balladeer does it in his own good time

If there are no second acts in American lives, as F. Scott Fitzgerald said, for some musicians at least, there's a second take. After famed recording sessions in the late 1950s that made him popular, Jimmy Scott's unique vocal style was not heard again on a new recording for some 30 years. Then, in the...
BUSINESS
Nov 9, 2002

Australia, Japan executives discuss trade proposals

Japanese and Australian business executives, bureaucrats and others on Friday proposed that an Asian monetary fund be established.
BUSINESS / ON MANAGEMENT
Nov 5, 2002

Dealing with staff who are making money on the side

This is a story about your most delightful headache. Or perhaps your company's Achilles' heel. Why is the spectrum so wide? Because we're talking about the inner drive that made America great, and its consequences when it manifests itself in inappropriate places.
JAPAN
Nov 1, 2002

7 1/2-year sentence upheld for Heo

OSAKA -- The Osaka High Court on Thursday upheld a 7 1/2-year prison term and 500 million yen fine for an Osaka-based South Korean real-estate developer for his involvement in the collapse of trading house Itoman Corp.
COMMENTARY / JAPAN IN THE GLOBAL ERA
Oct 14, 2002

Acute case of linguistic 'disconnectivity'

LAUSANNE, Switzerland -- One of the best terms of the 21st century is "global connectivity." Composed of three elements -- (1) entrepreneurial and energetic individuals, (2) the Internet and (3) the English language -- global connectivity serves not only to exchange information and ideas but also to...
COMMENTARY / THE VIEW FROM NEW YORK
Oct 13, 2002

Beijing stymies Pyongyang experiment

HONG KONG -- Pyongyang-Beijing ties used to be characterized as being "as close as lips and teeth," but that phrase no longer applies to the relationship. For no sooner does North Korea arouse deep Japanese public outrage with its prevarication over past abductions than the isolated Stalinist state provokes...
COMMENTARY
Oct 12, 2002

Cost cuts could compromise health care

WASHINGTON -- Public-spirited rhetoric usually masks intense interest-group combat in Washington, D.C., like that over pharmaceutical patents. Health insurers, which barely survived the Clinton administration's assault, are targeting drug-research firms.
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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