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BUSINESS
Jan 27, 2002

Credit union forced customers to buy into golf club

OSAKA -- Kansai Kogin, a failed local credit union whose former executives were arrested last week in a breach of trust case, pressured recipients of loans in the late 1990s to buy memberships of a golf course operated by an affiliate by threatening to withdraw the loans, sources close to the case said...
BUSINESS
Jan 26, 2002

Foreigners turn net sellers for first time in a month

Foreign investors turned net sellers of Japanese stocks for the first time in four weeks last week.
BUSINESS
Jan 25, 2002

Mitsui Mining, Sumitomo Metal forge zinc deal

Mitsui Mining & Smelting Co. and Sumitomo Metal Mining Co. said Thursday they have agreed to integrate their zinc operations in an effort to cut costs and cope with intensifying international competition.
JAPAN
Jan 23, 2002

Southeast Asian goods find favor in Tokyo shops

Asian handicrafts are seeing a boom in Japan, particularly among young women.
BUSINESS
Jan 23, 2002

Toto, Matsushita detail China deal

Toto Ltd. and Matsushita Electric Works Ltd. said Tuesday they will mutually supply housing materials parts in China as part of their tieup in the housing materials business.
SOCCER / World cup
Jan 22, 2002

Prestige packs sell

Seven of the 25 types of prestige ticket packages for this summer's World Cup finals sold out on the first day of the second round of sales, officials of the Japanese organizing committee for the 2002 World Cup (JAWOC) said Monday.
BUSINESS
Jan 22, 2002

Itochu-Jeanne Lanvin tieup finalized

Itochu Corp. said Monday it has concluded a tieup agreement with Jeanne Lanvin s.a. of France, giving the major trading house the exclusive right to import products of the luxurious Lanvin fashion brand into Japan. The 10-year agreement, effective retroactively from Jan. 1, covers all Lanvin products...
Japan Times
LIFE / Digital / NAME OF THE GAME
Jan 17, 2002

Nintendo's Arakawa surprises with retirement announcement

Nobody really cared who the president of Nintendo of America was when Minoru Arakawa founded the company in 1980. With games like "Radarscope" and "Sheriff," it was just another Taito wannabe trying to break into the U.S. arcade market.
BUSINESS
Jan 15, 2002

Sanyo seeks Samsung link in tech sector

OSAKA -- Sanyo Electric Co. and Samsung Electronics Co. of South Korea are discussing the possibility of forming an alliance aimed at codeveloping advanced technologies, according to Sanyo officials.
BUSINESS
Jan 14, 2002

Shokusan Jutaku seeks protection from creditors

Shokusan Jutaku Sogo Co., a leading builder of custom-made houses, on Sunday filed for court protection from creditors with liabilities of 13.5 billion yen, the company said.
COMMENTARY
Jan 10, 2002

Nuclear deployment danger

HONOLULU -- The handshake between Indian Prime Minister Atal Behari Vajpayee and Pakistani President Pervez Musharraf in Nepal last Saturday caused an international sigh of relief as the two nuclear powers took a tentative step back from the brink of war. Tensions will remain high on the Indian subcontinent,...
BUSINESS
Jan 9, 2002

Foreigners stay net sellers

Foreign investors were net sellers of Japanese stocks for the second consecutive week during the third week of December.
BUSINESS
Jan 6, 2002

State bonds to be sold via Internet

The Ministry of Finance plans to directly sell 10-year government bonds to individuals through the Internet from as early as fiscal 2003, which begins in March next year, ministry officials said Saturday.
BUSINESS
Jan 5, 2002

Telecom body predicts 3% annual growth through 2006

The value of domestic sales and exports of telecommunications equipment and devices is expected to grow by an average 3.3 percent annually over the next five years, the Communication Industry Association of Japan said in a recently released report.
BUSINESS
Dec 27, 2001

Kawasaki Heavy to spin off shipbuilding

Kawasaki Heavy Industries Ltd. said Wednesday it will spin off its shipbuilding and precision machinery operations in October.
JAPAN / Media / MEDIA MIX
Dec 23, 2001

Robbing the little guy of life's pleasures

Following the government's eleventh-hour decision to forgo a planned increase in the tax on happoshu foamy liquor the Asahi Shimbun ran an editorial cartoon showing a happy man sitting at the kotatsu and hoisting a can of the beerlike stuff in tribute to his TV, which showed Koizumi father and son toasting...
JAPAN
Dec 20, 2001

Osaka-based drugstore penalized for undeclared income

OSAKA -- Osaka-based drugstore firm Daikoku and its affiliates failed to declare about 200 million yen in corporate and personal income for five years up to 1999, industry sources said Wednesday.
BUSINESS
Dec 18, 2001

Nomura Research makes firm TSE debut

Nomura Research Institute Ltd., the economic research and consulting arm of Nomura Securities Co., debuted Monday on the first section of the Tokyo Stock Exchange with an opening price of 14,850 yen, against its initial public offering price of 11,000 yen per share.
COMMUNITY
Dec 16, 2001

From pinholes to pixels, photgraphy keeps evolving

The camera on a tripod outside Edward Levinson's countryside home in Chiba Prefecture is deceptive in its simplicity. It has no lens or viewfinder, no focusing dial, and no shutter-release button.
BUSINESS
Dec 15, 2001

Kirin to buy stake in San Miguel

Kirin Brewery Co. said Friday that it will buy a 15 percent stake in Philippine beverage maker San Miguel Corp. to expand its business in the Southeast Asian market.
Japan Times
BUSINESS
Dec 13, 2001

'Tankan' reveals sentiment falling but not as steeply

Business sentiment is continuing to fall at Japanese companies as they struggle against declining exports and prices amid the global economic slump, according to the Bank of Japan's latest "tankan" quarterly survey.
BUSINESS
Dec 11, 2001

Targets of extra budget decided upon

The Council on Economic and Fiscal Policy on Monday established four general spending priorities for a planned second supplementary budget for the fiscal year.
BUSINESS
Dec 11, 2001

Cable & Wireless eyes PSINet unit

Cable & Wireless PLC of Britain announced Monday it has agreed to acquire the Japanese subsidiary of PSINet Inc. of the United States for 7.2 million British pounds to expand Net-related business here.
BUSINESS
Dec 8, 2001

Foreigners net buyers

While the nation's industrial web of cross-shareholdings continued unraveling, foreign investors were net buyers of Japanese stocks for the fifth consecutive week last week.
JAPAN
Dec 7, 2001

Aoki goes under with 522 billion yen in liabilities

The construction industry was dealt another blow on Thursday when general contractor Aoki Corp. effectively went bankrupt, filing for court protection from creditors under a civil rehabilitation law.
SOCCER / World cup
Dec 6, 2001

Soft touch advised with unruly fans

The key to controlling English soccer fans at the World Cup will be to understand the cultural differences in behavior of fans from different countries and to not put too much pressure on the English fans, an English security expert said Tuesday.
Japan Times
JAPAN
Dec 6, 2001

Bookstores cashing in on royal birth

The birth of a girl to the Crown Prince and Crown Princess has led major bookstores in Tokyo to promote popular reading material relating to the Imperial family as well as books related to the new mother.
BUSINESS
Dec 6, 2001

Capital spending by manufacturers suffers 2.7% drop

Capital spending by Japanese manufacturers fell 2.7 percent in the July-September quarter compared with a year earlier as the global economic slowdown, especially in information technology, depressed prospects for growth, a Finance Ministry survey showed Wednesday.
BUSINESS
Dec 6, 2001

Not all auto industry restructuring drives get same mileage

As Japanese companies in almost all sectors carry out large-scale restructuring, the auto industry can offer them a number of case studies that reflect varying measures of success.

Longform

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