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Japan Times
JAPAN / CLOSE NEIGHBORS
Jul 11, 2002

Japan's carmakers tooling up for China

BEIJING -- Zhao Xue Bo, an international relations researcher at Beijing Broadcasting Institute, a national university, has been saving money for some time to buy a new car.
BUSINESS
Jul 11, 2002

FSA eyes ways to encourage regional bank tieups

The government will consider injecting public money into merged regional financial institutions to boost their capital bases to encourage regional banks and credit associations to merge, the Financial Services Agency said Wednesday.
Japan Times
BUSINESS / INDUSTRY TRENDS
Jul 11, 2002

'Happoshu' price war seen taking toll on brewers

It was just a regular Friday, but lovers of beerlike beverages found an excuse for another round as the country's major breweries marked down their versions of "happoshu."
BUSINESS
Jul 9, 2002

Include farm goods in FTAs: Takebe

Farm minister Tsutomu Takebe said Monday the country should not exclude the farm and fisheries sector when it negotiates free-trade agreements, ministry officials said.
BUSINESS
Jul 8, 2002

India now ripe for foreign investment, expert says

Conventional wisdom says that doing business in India is a difficult proposition, given its unstable politics and restrictive investment environment.
Japan Times
BUSINESS
Jun 28, 2002

Shareholders flock to over 2,000 annual meetings

Around 2,020 firms held shareholders' meetings nationwide Thursday, with scandal-ridden companies claiming most of the limelight.
Japan Times
BUSINESS
Jun 25, 2002

U.S. uncertainty threatens Japan recovery: MIT dean

With uncertainty hanging over prospects for the U.S. economy, Japan, despite recent signs of bottoming out, may face difficulties achieving a full-scale recovery, according to a business school dean at the Massachusetts Institute of Technology.
COMMENTARY / THE VIEW FROM NEW YORK
Jun 24, 2002

U.S. lessons Japan may prefer to skip

NEW YORK -- Americans love to learn and teach lessons. The Japanese love to seek and accept them.
BUSINESS
Jun 21, 2002

Electricity sales in May up 0.7%

Electric power sales across the country rose 0.7 percent in May from a year earlier, marking the first increase in nine months, according to a preliminary report released Thursday by the Federation of Electric Power Companies.
Japan Times
BUSINESS
Jun 20, 2002

Toshiba, Fujitsu form LSI tieup

In a bid to survive global competition in the broadband age, electronics giants Toshiba Corp. and Fujitsu Ltd. announced Wednesday they have agreed to form a comprehensive alliance to promote their semiconductor businesses.
BUSINESS
Jun 17, 2002

Piracy of intellectual property rampant in Indonesia

JAKARTA -- Piracy of intellectual property rights is found all over Southeast Asia. A short visit to the street markets of Jakarta, Kuala Lumpur, Bangkok, Manila or Singapore will convince anybody that counterfeits, fakes and so-called look-alike products are big business. In most countries the problem...
BUSINESS
Jun 15, 2002

Tax Commission policy advocates stiffer burdens

The government's Tax Commission on Friday compiled its basic policy for fundamental tax reform over the medium and long terms, aiming for fiscal reform by securing tax revenues.
BUSINESS
Jun 11, 2002

Domestic retailers brace for Seiyu-Wal-Mart impact

Japan's retail industry, suffering from a decade-long economic slump and the advance of powerful specialty discount stores, is gearing up to compete with another formidable player.
BUSINESS
Jun 11, 2002

Advertising sales bottom out while cinema sales flicker

Falling sales at advertising agencies in April began to show signs of bottoming out, while the fading effects of a popular animation film led to a downturn for cinema operators, a survey of the nation's service industries showed Monday.
BUSINESS
Jun 11, 2002

Science minister pursues creation of biotech panel

The state minister in charge of science and technology on Monday unveiled a plan to create a panel of government and business leaders to help coordinate development efforts in biotechnology, science ministry officials said.
BUSINESS
Jun 7, 2002

Foreign insurers unable to halt cancellations

Foreign-affiliated life insurance companies that took on the operations of collapsed domestic insurers were unable to stem the tide of policy cancellations in fiscal 2001, according to earnings reports, the last of which was released Thursday.
BUSINESS
Jun 5, 2002

Drastic changes proposed for telecom sector

An advisory panel charged with studying ways to promote information technology-related competition on Tuesday proposed drastically deregulating the nation's telecommunications sector.
EDITORIALS
May 30, 2002

The only way to clear debt burden

Stock prices for Japan's top banks have been rising lately despite the huge deficits they have suffered in the business year that ended March 31. Increases in loan losses are good news in the sense that they reflect progress in bad-debt write-offs. In the same year, the nation's seven banking groups...
BUSINESS / ON MANAGEMENT
May 28, 2002

Post-Enron dilemma: share value vs. honor

"Nobody goes down with the ship anymore," complained a pundit recently. "Whatever happened to the idea of personal integrity?" he opined.
BUSINESS
May 28, 2002

Kumagai Gumi reports first profit in nine years

Kumagai Gumi Co. on Monday said it posted a net profit of 2.55 billion yen for the 2001 business year, the first time in nine years that black ink flowed onto its books.
Japan Times
BUSINESS
May 27, 2002

Downtown Detroit gets face-lift

DETROIT -- Downtown Detroit is trying another tactic to revive its glory days.
JAPAN
May 25, 2002

USC program aims to foster Japan entrepreneurs

With the intention of encouraging entrepreneurial activity in Japan, the University of Southern California is recruiting candidates for a 15-member entrepreneurial development program scheduled to start in July, according to Rebecca Weintraub, visiting director of USC's Center for Corporate and Community...
BUSINESS
May 23, 2002

Tokyo Gas posted 80 billion yen profit in fiscal '01

Tokyo Gas Co. said Wednesday its group pretax profits rose 20.6 percent to 80.63 billion yen in the business year to March 31 on strong gas sales and cost-cutting efforts.
COMMENTARY / World
May 19, 2002

A foil to the 'Asian Miracle'

CAMBRIDGE, England -- The past few weeks have been sad ones for the supporters of the still young democratic process in South Korea. It has been alleged that a web of corruption surrounds the presidency of Kim Dae Jung, winner of the 2001 Nobel Peace Prize. While no one has, yet, suggested that the president...
BUSINESS
May 18, 2002

Fuji Heavy logs profit, record sales

Fuji Heavy Industries Ltd. announced Friday that its group profit increased for the first time in two years and that it logged record consolidated sales in the 2001 business year, due to cost cuts and the weakened yen.
Japan Times
BUSINESS
May 14, 2002

Toyota's record-setting profits top 1 trillion yen

Toyota Motor Corp. announced Monday that its consolidated pretax profits jumped 14.5 percent from last year to a record 1.113 trillion yen during the 2001 business year, becoming the first Japanese company ever to post pretax profits exceeding 1 trillion yen.
BUSINESS
May 14, 2002

MMC returns to black after two years of losses

Mitsubishi Motors Corp. on Monday reported a return to the black for the first time in three years, posting 11.3 billion yen in consolidated net profits in the 2001 business year.
BUSINESS / ON MANAGEMENT
May 13, 2002

Training for success -- crash and learn

Car wrecks always draw a crowd, as every driver knows, and that's true for the equivalent in business, too. Rubber-necking at someone else's trouble, many executives thank their stars that they're not caught in the pileup; most take the opportunity to remind themselves to be extra careful to stay out...

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