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November 29, 2024
 

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JAPAN
Oct 31, 2001

Public skeptical about safety of Japanese beef

More than 56 percent of the public do not believe the government declaration made earlier this month that domestic beef is safe from mad cow disease, according to a Kyodo News survey released Tuesday.
BUSINESS
Oct 27, 2001

Foreigners become net sellers again

Foreign investors sold more Japanese stocks than they bought on the Tokyo, Osaka and Nagoya stock exchanges in the third week of October, the Tokyo Stock Exchange said Thursday.
BUSINESS
Oct 26, 2001

NTT dials in reform program

Nippon Telegraph and Telephone Corp. unveiled on Thursday a reform program to cope with recent changes in the telecommunications industry and revised downward its sales projection from 12.1 trillion yen to 11.94 trillion yen for this business year.
BUSINESS
Oct 25, 2001

Asia holds key to GM's outlook, chairman says

The boss of American auto giant General Motors Corp. believes the Asia-Pacific market will dictate the carmaker's global sales outlook.
BUSINESS
Oct 23, 2001

Hoya posts group profit for first half

Hoya Corp., the nation's largest producer of optical glass and eyeglasses, announced Monday group net profits of 13.66 billion yen for the first half of fiscal 2001, down 0.2 percent from a year earlier.
BUSINESS
Oct 23, 2001

Kao profits fell in first half of '01

Kao Corp. said Monday its year-on-year net profit fell 0.8 percent on a group basis to 31.4 billion yen in the April-September first half of fiscal 2001.
BUSINESS
Oct 19, 2001

Fujitsu, IBM negotiating tieups

Compiled from wire reports Fujitsu Ltd. and IBM Corp. are negotiating a tieup involving the joint development and use of software and technical cooperation for computer servers, Fujitsu said Thursday.
BUSINESS
Oct 19, 2001

Nissan posts record half-year results

Nissan Motor Co. said Thursday it will post a record consolidated operating profit of 187 billion yen for the first half of fiscal 2001, due to continued progress in its ongoing three-year restructuring plan.
BUSINESS
Oct 19, 2001

Bosch units set to merge on July 1

Bosch Automotive Systems Corp. and Bosch Braking Systems Co. -- both Japanese affiliates of German auto parts maker Robert Bosch GmbH -- on Thursday signed an agreement to merge July 1.
BUSINESS
Oct 18, 2001

JR East expects higher net profits

East Japan Railway Co. on Wednesday revised upward its group net profit forecast for the 2001 business year to 82 billion yen from the previous 79 billion yen, as gains from sales of shares in an affiliate eclipsed appraisal losses on its securities holdings.
BUSINESS
Oct 9, 2001

Nation's airlines remaining steadfast in face of aftershocks from terrorism

Declines in passenger loads and increases in insurance premiums after last month's devastating terrorist attacks in the United States are threats to Japanese airlines as they are to other carriers, but reaction in Japan may not be as drastic.
JAPAN
Oct 6, 2001

Farmers angry at ministry foot-dragging

NODA, Chiba Pref. -- It is worse than the market collapse during the economic slump triggered by the 1973 oil crisis, when beef prices plunged by two-thirds.
BUSINESS
Oct 3, 2001

IHI slashes this year's earnings forecasts

Ishikawajima-Harima Heavy Industries Co. said Tuesday it has revised down its full- and half-year group earnings projections for the 2001 business year, citing hefty appraisal losses on its stock portfolios and a troubled subsidiary.
BUSINESS
Sep 28, 2001

Hitachi plans to spin off two divisions by April

Hitachi Ltd. said Thursday it will spin off its home appliance group and industrial components and equipment group in an effort to speed up management decisions.
BUSINESS
Sep 22, 2001

Foreigners turn net sellers of Japan stocks

The recent terrorist attacks in the United States prompted foreign investors to unload their equity holdings on the Japanese stock market last week.
BUSINESS
Sep 15, 2001

Daikin arm to oversee China units

OSAKA -- Industrial air conditioner manufacturer Daikin Industries Ltd. said Friday it has set up a wholly owned unit in Beijing to oversee air conditioner and chemical products operations at the company's Chinese subsidiaries.
BUSINESS
Sep 15, 2001

Mitsubishi revises down profit outlook

Mitsubishi Electric Corp. on Friday revised downward its earnings projections for the first half of fiscal 2001, blaming the plunge in global demand for semiconductors and mobile phones.
JAPAN
Sep 13, 2001

Nikkei falls under vital 10,000 line

The benchmark Nikkei stock average tumbled below 10,000 for the first time in 17 years Wednesday as chaos overcame world financial markets following terrorist attacks in the United States the previous day.
CULTURE / Music / J-POPSICLE
Sep 12, 2001

You ain't nuthin' but a henjin

What a wacky guy Junichiro Koizumi is. When he's not battling bureaucracy or trying to revive the ailing economy, Japan's unprecedentedly popular prime minister likes nothing better than to chill out and listen to the music of the King: Elvis Presley.
BUSINESS / TAKING STOCK
Sep 11, 2001

Market rebound likely after end of month

The Tokyo stock market is seeking its downside, with the 225-issue Nikkei average plunging close to 10,000 amid concern over global economic and corporate earnings prospects.
JAPAN
Sep 9, 2001

10 more top ministry officials used public cash for hotel bill

About 10 senior bureaucrats from the Foreign Ministry stayed at a luxury Tokyo hotel and made a lower-ranking official, who is now under arrest, pay their bills with public money he had pooled, police sources said Saturday.
JAPAN
Sep 8, 2001

Official says he padded bills for 20 years

An assistant director of the Foreign Ministry who was arrested Thursday on suspicion of defrauding the state out of some 423 million yen by padding hotel bills for international meetings in 1995 has admitted padding accommodation fees for the past 20 years, investigative sources said Friday.
BUSINESS / TAKING STOCK
Sep 4, 2001

Stock market set to rally by end of year

The Tokyo stock market is testing its downside, reflecting recent weakness in U.S. stocks as well as concerns about Japanese earnings prospects.
JAPAN
Aug 31, 2001

Kyocera to shed 20% of workforce amid IT slump

The Kyocera Corp. group will cut about 10,000 jobs from its global workforce of 51,000, possibly within this year, to deal with the worldwide slump in the information technology sector, company officials said Thursday.
BUSINESS
Aug 31, 2001

Automobile production for July dropped 1.2%

The nation's automakers produced 883,962 cars, trucks and buses in July, down 1.2 percent from a year earlier, the Japanese Automobile Manufacturers Association said Thursday.
BUSINESS
Aug 30, 2001

Eisai unit to shut down Texas plant

Drugmaker Eisai Co. said Wednesday that its U.S. subsidiary, Eisai U.S.A. Inc., will close its vitamin factory in Pasadena, Texas.
CULTURE / Music
Aug 29, 2001

Boy Bands II Men Bands

On July 9, the day after the Backstreet Boys announced on MTV that their tattooed bad-boy member A.J. McLean was entering a rehabilitation facility for "alcohol and depression," advertisements appeared in the Japanese dailies announcing the Boys' Japan dome tour in November. Tickets, however, would not...
BUSINESS
Aug 28, 2001

Omron cuts back group profit forecasts for fiscal 2001

Omron Corp., a maker of automated control equipment, said Monday it has cut earnings forecasts for fiscal 2001, trimming group net profit by 42.3 percent for the full year and by 66.7 percent for the first half from earlier projections in May.
BUSINESS
Aug 28, 2001

Microsoft delays Japan Xbox debut

The launch of video game console Xbox in Japan will be delayed from November to Feb. 22, Microsoft Co., the Japanese unit of Microsoft Corp. of the United States, announced Monday.
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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