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JAPAN
Aug 26, 2001

Toshiba to slash 20,000 jobs worldwide amid IT slump

Toshiba Corp. will slash 20,000 jobs from its group workforce of 190,000 to cope with deteriorating earnings in its semiconductor business amid the worldwide slump in the information technology sector, company officials said Saturday.
BUSINESS
Aug 25, 2001

Foreigners turn net buyers of Japanese stocks: report

Foreign investors turned net buyers of Japanese stocks last week while major domestic players continued to unload their shareholdings.
BUSINESS
Aug 25, 2001

Mitsui exported dioxin-laced product that was banned in Japan

Mitsui Chemicals Inc. exported an agricultural chemical containing a toxic dioxin to the United States and Turkey for more than two years after it stopped domestic sales in March 1997, government officials said.
BUSINESS
Aug 25, 2001

Itochu, Marubeni units to merge

Itochu Corp. and Marubeni Corp. said Friday they will merge their trading subsidiaries dealing in steel construction materials on equal terms on Oct. 1, simultaneous to the integration of their steel businesses.
BUSINESS
Aug 23, 2001

Aetna Heiwa changes hands again

U.S. insurer Massachusetts Mutual Life Insurance Co. said Wednesday it has finished purchasing the shares of Aetna Heiwa Life Insurance Co., thus gaining a toehold in the Japanese life insurance market.
JAPAN
Aug 22, 2001

Publisher with rightwing ties draws probe

Police plan to provide information to the Tokyo Regional Taxation Bureau on a publishing house connected to the chairman of a rightwing group for not declaring more than 300 million yen in book sales to the Defense Agency, state-run universities and other clients, police sources said Tuesday.
BUSINESS
Aug 17, 2001

Honen, Ajinomoto plan integration

Honen Corp. and Ajinomoto Oil Mills Co., a wholly owned subsidiary of seasoning maker Ajinomoto Co., will integrate their operations April 1 to cope with a rise in edible food imports, the three companies said Thursday.
JAPAN
Aug 17, 2001

Strong yen slaps down Nikkei 225

Tokyo shares plunged Thursday as the strong yen dragged down the earnings prospects of major exporters in the manufacturing and high-tech sectors.
Japan Times
COMMUNITY
Aug 12, 2001

Going the distance and beyond

OSAKA -- When the late Abebe Bikila represented Ethiopia in the men's marathon at the 1960 Rome Olympics, he shrugged off shoes in favor of his own bare feet. He took the gold, but were he running today, he might not make the same choice.
BUSINESS
Aug 11, 2001

Mabuchi cuts earnings projections

Mabuchi Motor Co. said Friday it has revised downward its group earnings projections for the year to Dec. 31, citing valuation losses on equity holdings.
BUSINESS
Aug 11, 2001

McDonald's unit sees profits fall

Nearly two weeks after its initial public offering, fast-food chain operator McDonald's Co. (Japan) Ltd. announced Friday that it posted 12.61 billion yen in pretax profits for the first half of this year, down 9.6 percent from a year earlier.
BUSINESS
Aug 11, 2001

Brewers' shipments down in July

Combined shipments of beer and "happoshu," a low-malt, beer-like liquor, fell 17.4 percent to 667,646 kiloliters in July from a year earlier, according to data released Friday by the nation's five major brewers.
JAPAN
Aug 11, 2001

Tobacco lobby keeps lid on state health plans

Staff writerSusumu Motojima, head of Japan Tobacco Inc.'s Kyoto branch, recently said smoking is a "pastime or habit an adult has the right to choose."
BUSINESS
Aug 7, 2001

Coincident index adds evidence of contraction

The key gauge of the nation's economic health stayed below the boom-or-bust line of 50 percent in June for the sixth-straight month, providing more evidence of economic contraction, the government said Monday.
BUSINESS
Aug 6, 2001

Wine exporters focus on Asia

BORDEAUX, France -- Japan is firmly back on the agenda for many wine exporters despite its continued economic slump, and value for money at the lower end should improve further. However, futures prices already indicate the prestige 2000 Bordeaux vintages won't be cheap.
JAPAN
Aug 1, 2001

Bath salt vendors flout norm, chase smell of success

OSAKA -- The Japanese affinity with hot spring resorts has long provided a market for firms selling bathing salts containing various minerals and ingredients.
COMMENTARY / World
Jul 14, 2001

Turning talk of free trade into policy

LONDON — Japan's trade sanctions joust with China is small beer in world terms — or even in the context of the overall commerce between the two nations. But it sounds a warning bell — all the more so since it is just one of a series of challenges to free and open trade that could throw into doubt...
BUSINESS
Jun 28, 2001

Businesses expect upturn next quarter

Major businesses are expecting business conditions to improve in the July-September quarter, according to a government survey released Wednesday.
JAPAN
Jun 19, 2001

Nonutilities slow to light up newly opened market

Fifteen months after the partial liberalization of the electricity retail market, new players in the industry remain scarce.
COMMUNITY
Jun 3, 2001

A new lease on life

Prosperous economies produce waste. Throw in rampant consumerism and a laissez-faire attitude toward the environment, and you've got the makings of a serious problem. Welcome to Japan. A host of treasures awaits you . . .
BUSINESS
Jun 1, 2001

Shiokawa eyes abolition of capital gains levies

Finance Minister Masajuro Shiokawa plans to call on the ruling parties to consider an early abolition of the withholding tax on stock transactions.
BUSINESS
May 31, 2001

More Gucci stores, brands coming

Italian fashion giant Gucci Group N.V. will open more stores in Japan and introduce new brands this year, Gucci Group President Domenico De Sole said Wednesday at a news conference in Tokyo.
BUSINESS
May 29, 2001

Debt-waiver puts Hazama in the black

Hazama Corp. said Monday its group net balance in fiscal 2000 swung back into the black as a one-time gain from a 105 billion yen debt-waiver wiped out most of its extraordinary losses.
BUSINESS
May 29, 2001

Fast track eyed for easing capital-gains tax

Finance Minister Masajuro Shiokawa said Monday he wants to accelerate the schedule for simplifying the capital-gains taxes on stock sales.
BUSINESS
May 29, 2001

Petrochemical firms will have to disband price cartel

The Fair Trade Commission will order seven major petrochemical firms to scrap a polypropylene price cartel and pay billions of yen in penalties, sources familiar with the case said Monday.
BUSINESS
May 28, 2001

Isuzu plans to cut 9,000 jobs by 2004

Isuzu Motors Ltd. plans to cut costs by slashing 9,000 jobs over the next three years, reducing its 38,000-strong group workforce by 25 percent, company sources said.
CULTURE / TV & Streaming / CHANNEL SURF
May 27, 2001

Who says that women can't have it all?

Several weeks ago, this column covered TBS's romantic comedy series "Love Story," in which Miho Nakayama plays a not-so-successful book editor whose employer tries to force her to quit by assigning her to its most difficult author. Though, as with all "trendy dramas," this one is mainly about love, Nakayama's...
BUSINESS
May 26, 2001

Two major banking groups suffer losses

Bad loans continued to make a dent in major banks' profits in fiscal 2000, even as the heat intensified to get to the bottom of the problem, according to fiscal earnings reports announced by Friday.
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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