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November 29, 2024
 

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BUSINESS
Nov 29, 2001

Daiei founder surrenders scepter

Isao Nakauchi, founder of the troubled supermarket chain Daiei Inc., has given up the right to represent any of the firms in the group, industry sources said Wednesday.
BUSINESS
Nov 29, 2001

Daiei founder surrenders scepter

Isao Nakauchi, founder of the troubled supermarket chain Daiei Inc., has given up the right to represent any of the firms in the group, industry sources said Wednesday.
COMMUNITY
Nov 25, 2001

Key insight spells riches for Hollywood nail care magnate

All it took for a small dental supply business to become the world's largest independent manufacturer of nail products was one man's realization that some of his biggest buyers of dental acrylics weren't dentists at all they were manicurists.
BUSINESS
Nov 24, 2001

NTT seeking to boost regional earnings

Nippon Telegraph and Telephone Corp. will try to boost earnings at its two regional carriers by 265 billion yen on a pretax basis next business year, partly through transfers of employees to lower-paid subsidiaries, NTT sources said Friday.
BUSINESS
Nov 23, 2001

UFJ writeoffs will balloon to 2 trillion yen

UFJ Holdings Inc. said Thursday its member banks' total bad-loan writeoffs will balloon sixfold from original estimates to an unprecedented 2 trillion yen for the full business year ending March 31, on the back of likely failures among major borrowers.
BUSINESS
Nov 23, 2001

NTT reports 262 billion yen net loss for '01 first half

The Nippon Telegraph and Telephone group reported its first interim net loss Thursday, brought on by special losses of 762.4 billion yen incurred by failed investments in overseas carriers.
BUSINESS
Nov 23, 2001

UFJ writeoffs will balloon to 2 trillion yen

UFJ Holdings Inc. said Thursday its member banks' total bad-loan writeoffs will balloon sixfold from original estimates to an unprecedented 2 trillion yen for the full business year ending March 31, on the back of likely failures among major borrowers.
BUSINESS
Nov 23, 2001

Bank of Yokohama's profits plunge as bad loans bite

The Bank of Yokohama said Thursday its group net profits fell 53.3 percent in the first half ending Sept. 30, mainly due to hefty loan-loss charges and appraisal losses on its stockholdings.
BUSINESS
Nov 22, 2001

Japan Telecom posts losses

Plagued by declining performance in its fixed-line business, Japan Telecom Co. said Wednesday it suffered net losses of 5.19 billion yen in the first half of fiscal 2001.
BUSINESS
Nov 21, 2001

Thai leader urges more investment, trade

Thai Prime Minister Thaksin Shinawatra called on Japanese business leaders Tuesday to increase long-term investment and trade in Thailand.
COMMENTARY
Nov 21, 2001

Recipe for economic change

WASHINGTON — In recent weeks, Taiwan has taken two steps to prepare for the transformation of its economy. Taipei's decision to lift many of the restrictions on investment in the mainland and the island's entry into the World Trade Organization will produce fundamental shifts in the way Taiwan conducts...
BUSINESS
Nov 21, 2001

Thai leader urges more investment, trade

Thai Prime Minister Thaksin Shinawatra called on Japanese business leaders Tuesday to increase long-term investment and trade in Thailand.
Japan Times
JAPAN
Nov 20, 2001

Execs lament poor English of Japanese

Selecting English as its official language was not easy for Nissan Motor Co., but it helped facilitate a smooth tieup with Renault SA of France, Nissan Chairman Yoshikazu Hanawa said at a recent symposium in Tokyo.
BUSINESS
Nov 16, 2001

Koizumi gives WTO accord his blessing

Prime Minister Junichiro Koizumi on Thursday welcomed the previous day's accord by World Trade Organization trade ministers to launch new multilateral trade negotiations.
BUSINESS
Nov 16, 2001

JT sees interim net profit grow 4.2%

Japan Tobacco Inc. said Thursday its consolidated net profit for the April-September first half of fiscal 2001 rose 4.2 percent from a year earlier to 35.63 billion yen, thanks to strong growth in its food business, increased volume in international tobacco sales and favorable foreign exchange rates....
BUSINESS
Nov 16, 2001

Koizumi gives WTO accord his blessing

Prime Minister Junichiro Koizumi on Thursday welcomed the previous day's accord by World Trade Organization trade ministers to launch new multilateral trade negotiations.
BUSINESS
Nov 14, 2001

JR West to shed 6,000 employees

West Japan Railway Co. (JR West) unveiled on Tuesday a plan to cut 6,000 employees and transfer another 3,000 parent company workers to group firms.
BUSINESS
Nov 13, 2001

Chugai Pharmaceutical gets first-half profits boost

Chugai Pharmaceutical Co. said Monday its consolidated pretax profits increased 10.2 percent during the first half of the business year to 18.85 billion yen.
BUSINESS
Nov 10, 2001

U.S. Chamber of Commerce urges reforms push

The U.S. business community is urging Japan to pursue reforms that will help the economy and attract more American investment, the visiting chairman of the U.S. Chamber of Commerce said Friday.
BUSINESS
Nov 10, 2001

U.S. Chamber of Commerce urges reforms push

The U.S. business community is urging Japan to pursue reforms that will help the economy and attract more American investment, the visiting chairman of the U.S. Chamber of Commerce said Friday.
Japan Times
JAPAN
Nov 8, 2001

Memorial held for Mike Mansfield, longest-serving U.S. envoy to Japan

A memorial service for former U.S. Ambassador to Japan Mike Mansfield, who died Oct. 5 in Washington at the age of 98, was held Wednesday at a hotel in Tokyo.
COMMENTARY
Nov 4, 2001

Attacks now an excuse to barbecue pork

WASHINGTON -- Patriotism is the last refuge of the scoundrel, it has been said, and never was it more obvious in the United States than in the aftermath of the Sept. 11 terrorist attacks. Rescuers were still searching for bodies from the smoldering rubble when lobbyists descended upon Washington, D.C....
BUSINESS
Nov 3, 2001

Trade groups to lobby for new talks

Japanese and European business lobbies will contrive to put a wide range of issues on the agenda at a new round of World Trade Organization talks, officials at the Japan Federation of Economic Organizations (Keidanren) said Friday.
EDITORIALS
Nov 2, 2001

Tasks for the corporate TSE

The Tokyo Stock Exchange acquired a new legal status as a corporation, effective Thursday, shedding its 52 years' standing as a nonprofit organization. This welcome step follows the global trend of incorporation of stock exchanges. The new TSE has the blessing of those concerned, including market players,...
BUSINESS
Oct 28, 2001

Matsushita plans merit-based pensions

OSAKA -- Matsushita Electric Industrial Co. is seeking to change its near-uniform retirement allowance system and generous high-yield company pension program, Matsushita sources said Saturday.
COMMUNITY
Oct 28, 2001

Plunder in a land of plenty

KYZYK-SUU, Kyrgyzstan -- When Canadian mining giant Cameco Corp. opened the Kumtor gold mine in the former Soviet republic of Kyrgyzstan in 1996, logistics were considered to be the greatest obstacle.
BUSINESS
Oct 27, 2001

Market slump damages Daiwa's interim earnings

Daiwa Securities Group Inc. said Friday its group pretax profit for the first half of fiscal 2001 plunged 98.9 percent from a year earlier to 1.18 billion yen.
JAPAN
Oct 25, 2001

Tokyo Shogin illegal loan case deepens

The former head of failed credit union Tokyo Shogin, already under arrest on suspicion of embezzlement and extending 1.62 billion yen in illegal loans, provided another 3 billion yen in illegal loans to a Tokyo business group, investigative sources said Wednesday.
BUSINESS
Oct 20, 2001

Daiei's losses come to 3.99 billion yen

Struggling supermarket-chain operator Daiei Inc. on Friday reported unconsolidated net losses of 3.99 billion yen for the March-August term.
BUSINESS
Oct 18, 2001

Bankruptcy rush simmering: Teikoku Databank expert

Katsuyuki Kumagai has witnessed an abundance of corporate bankruptcies during his 17-year tenure at a credit research firm.
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.

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Japan’s sauna movement: Relax, refresh, repeat
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