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November 29, 2024
 

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BUSINESS
Mar 29, 2001

Tax reform bills enacted by Diet

The Diet on Wednesday enacted a set of tax revision bills for fiscal 2001 featuring extended tax breaks for home loans and withholding taxes on capital gains.
BUSINESS
Mar 29, 2001

MMC facing 350 billion yen net loss

Mitsubishi Motors Corp. said Wednesday it will post 350 billion yen in parent-only net loss for fiscal 2000, far higher than the 130 billion yen loss estimated earlier.
BUSINESS
Mar 28, 2001

Cable makers to form high-voltage venture

Hitachi Cable Ltd. and Sumitomo Electric Industries Ltd., Japan's No. 1 and No. 3 power cable makers, said Tuesday they will form a 50-50 venture on Oct. 1 to integrate their high-voltage power cable businesses.
JAPAN
Mar 28, 2001

Copyright ruling favoring game sellers is upheld

The Tokyo High Court on Tuesday upheld a lower court ruling that the selling of secondhand game software does not infringe on the copyright of game software manufacturers.
JAPAN
Mar 25, 2001

Tokyo sake breweries beset by winds of change

Tsuchiya Brewery in Tokyo's Komae is set to release Sakurako brand "jizake" (local sake), featuring the name of the future figurehead of the 128-year-old company.
EDITORIALS
Mar 21, 2001

Welcome return to zero-interest rates

In yet another move to roll back deflationary pressures, the Bank of Japan on Monday decided to increase the money supply and bring the key overnight money-market rate back to zero. The decision, which follows a round of marginal interest-rate cuts in February, indicates that the central bank is pulling...
COMMENTARY / World
Mar 21, 2001

An Asian financial crisis, Chinese-style

CAMBRIDGE, England -- The Chinese government has announced that death sentences have been imposed on seven people for tax fraud, in this case fraudulent claims for value-added-tax refunds on export sales. More death sentences, followed quickly by executions, are expected during what Premier Zhu Rongji...
JAPAN / GREENING PAINS
Mar 20, 2001

New appliance recycling plan poses question of where the buck stops

With the Home Appliances Recycling Law coming into effect April 1, Japan is taking a significant step in changing its waste disposal policy from burying discarded appliances to recycling as much as possible.
JAPAN
Mar 17, 2001

State of deflation declared as assessment is downgraded

The government on Friday downgraded its overall economic evaluation for the second consecutive month, saying the nation's recovery appears to be stalling on weak production stemming from the U.S. economic slowdown.
BUSINESS
Mar 11, 2001

'Perverse' individualist embraces opportunity where others see gloom

Makoto Naruke describes himself as a "perverse man" who avoids following the crowd and does things that others dare not. Many people questioned his actions when he quit as Microsoft Co. president last April, but Naruke simply pointed out he became sick of the post after nearly nine years of service....
BUSINESS
Mar 8, 2001

Index shows expansion

The government said Wednesday its key gauge of the nation's economic activity topped the boom-or-bust line of 50 percent in January for the second consecutive month.
JAPAN
Mar 3, 2001

TSE plunges to lowest level in 151/2 years

The Tokyo Stock Exchange was again plagued by seemingly endless declines Friday as the key Nikkei index closed at its lowest level in 15 years and seven months.
BUSINESS
Mar 1, 2001

Exxon unit set to absorb subsidiary

TonenGeneral Sekiyu K.K., a Japanese unit of the Exxon Mobile Corp. group, said Wednesday it will absorb its wholly owned subsidiary Kygnus Sekiyu Seisei K.K. on July 1.
BUSINESS
Feb 27, 2001

Dreamcast nightmare to cost Sega 300 jobs

Moving along with its decision to quit production of its Dreamcast game console, Sega Corp. said Monday it will solicit applications from 300 of its 2,600 employees to leave their jobs.
BUSINESS
Feb 27, 2001

Meiji Life, Nippon Fire in joint deal

Meiji Life Insurance Co. and Nippon Fire & Marine Insurance Co. announced Monday that they will jointly develop a regional sales network and market nursing care insurance.
BUSINESS
Feb 27, 2001

Meiji Life, Nippon Fire in joint deal

Meiji Life Insurance Co. and Nippon Fire & Marine Insurance Co. announced Monday that they will jointly develop a regional sales network and market nursing care insurance.
JAPAN
Feb 27, 2001

MMC to cut 9,500 jobs, close Oe plant by 2003

Mitsubishi Motors Corp. said Monday it will cut some 9,500 jobs, or 14 percent of its group workforce, by 2003 and close down its key Oe plant in Nagoya as part of a major restructuring plan.
JAPAN
Feb 27, 2001

MMC to cut 9,500 jobs, close Oe plant by 2003

Mitsubishi Motors Corp. said Monday it will cut some 9,500 jobs, or 14 percent of its group workforce, by 2003 and close down its key Oe plant in Nagoya as part of a major restructuring plan.
BUSINESS
Feb 24, 2001

Hitachi Zosen, NKK to merge shipbuilding units

Hitachi Zosen Corp. and NKK Corp. said Friday they will merge their shipbuilding operations into a fifty-fifty joint venture to be established Oct. 1, 2002, as the global industry becomes increasingly competitive.
BUSINESS
Feb 24, 2001

Hitachi Zosen, NKK to merge shipbuilding units

Hitachi Zosen Corp. and NKK Corp. said Friday they will merge their shipbuilding operations into a fifty-fifty joint venture to be established Oct. 1, 2002, as the global industry becomes increasingly competitive.
JAPAN
Feb 20, 2001

Ex-lawyer gets four years for fraud

A former lawyer was sentenced to four years in prison Monday for defrauding a Tokyo company of some 400 million yen in 1991.
JAPAN
Feb 11, 2001

Cartoon-inspired spinning tops enjoy boom

OSAKA -- A game of spinning tops called beyblade inspired by a television cartoon series launched earlier this year is enjoying huge popularity among Japanese children, according to the tops' maker.
JAPAN
Feb 11, 2001

Cartoon-inspired spinning tops enjoy boom

OSAKA -- A game of spinning tops called beyblade inspired by a television cartoon series launched earlier this year is enjoying huge popularity among Japanese children, according to the tops' maker.
BUSINESS
Feb 9, 2001

Ford Japan to launch three new cars

Ford Japan Ltd., a sales subsidiary of Ford Motor Co. of the United States, said Thursday it will launch three new models in Japan to achieve overall sales of 15,000 units this year.
BUSINESS
Feb 9, 2001

Ford Japan to launch three new cars

Ford Japan Ltd., a sales subsidiary of Ford Motor Co. of the United States, said Thursday it will launch three new models in Japan to achieve overall sales of 15,000 units this year.
BUSINESS
Feb 7, 2001

Neither yen nor dollar face uphill factors

Given the recent slew of data showing a sharp slowdown in the U.S. economy, a strong dollar rebound appears unlikely in the near term.
BUSINESS
Feb 3, 2001

State to make last oil industry reform bid

A bill to scrap the 39-year-old Petroleum Industry Law, expected to be presented to the current Diet session as early as next week, will be the government's final proposal in its 14-year-long effort to liberalize the nation's oil industry, according to a senior ministry official.
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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