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November 24, 2024
 

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BUSINESS
May 31, 2003

Rokkasho blunder leads to failures

Oye Kogyo Co., a manufacturer of nuclear power equipment, and its subsidiary Oye Engineering Co. have filed for protection from creditors under the corporate rehabilitation law.
BASEBALL / MLB
May 30, 2003

Irabu goes distance as Tigers edge BayStars

Hideki Irabu went the distance Thursday as the Central League-leading Hanshin Tigers edged the Yokohama BayStars 2-1 at Koshien Stadium.
BUSINESS
May 30, 2003

Public money spent for failed banks tops 10 trillion yen over last four years

The period from fiscal 1998 through fiscal 2002 saw 10.433 trillion yen in taxpayer funds spent on failed financial institutions, government sources said Thursday.
BUSINESS
May 30, 2003

Nonlife insurers boost Millea group profits

Millea Holdings Inc., which controls nonlife insurers Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co., on Thursday reported a group net profit of 56.62 billion yen for the year through March 31.
Japan Times
BUSINESS
May 30, 2003

Is Resona the tip of the iceberg?

The whistle-blowing erupted a few days before May 17, the day Resona, the nation's fifth-largest banking group, announced its capital had tumbled below regulation levels.
BUSINESS
May 29, 2003

NHK in black for 13th straight year

NHK said Wednesday it remained in the black in the year to March 31 for the 13th straight fiscal year, with operating revenues exceeding expenses by 10.2 billion yen.
BUSINESS
May 29, 2003

Aozora sheds bad loans, ups profit

Aozora Bank said Wednesday it posted a group net profit of 23.4 billion yen in fiscal 2002, up 25 percent from the previous year, by shedding many bad loans from its portfolio and increasing its loans to good borrowers.
BUSINESS
May 29, 2003

Domestic vehicle production falls again

Domestic production of cars, trucks and buses fell 0.4 percent in April from the same month last year to 774,261 units, down for the second straight month, due to sluggish domestic car sales, the Japan Automobile Manufacturers Association said Wednesday.
Japan Times
LIFE / Lifestyle / ON THE BOOK TRAIL
May 29, 2003

"Power and Stone," "Rome"

"Power and Stone," Alice Leader, Puffin Books; May 2003; 249 pp. There's so much more to history than memorizing dates.
EDITORIALS
May 28, 2003

Why not a parliamentary faction?

The Democratic Party of Japan and the Liberal Party see each other as partners in a future government. Yet their on-and-off merger talks, which began half a year ago, seem to have produced no meaningful progress. Prospects for their unification receded further into the background Monday when Liberal...
BUSINESS
May 28, 2003

Cabinet OKs plan to move up pension refunds

The Cabinet on Tuesday approved a government proposal to move up by one month to Sept. 1 the date when corporate employee pension funds will be allowed to start handing back to the government the portion of pension assets they manage on the its behalf.
Japan Times
CULTURE / Art
May 28, 2003

An icon of her times

In the history of Russian icons, one image is pre-eminent as the most copied, most decorated and most adored: "Our Lady of Kazan."
BUSINESS
May 27, 2003

Kumagai Gumi falls deep into red

Ailing construction firm Kumagai Gumi Co. fell into the red in fiscal 2002. The general contractor blamed poor sales and massive extraordinary losses, including appraisal losses on its fixed assets.
BUSINESS
May 27, 2003

Tokyo to issue bonds on own terms

The Tokyo Metropolitan Government decided Monday to issue bonds under terms it will set by evaluating market conditions, officials said.
BUSINESS
May 27, 2003

Profit dips 13.4% for Shinsei Bank

Shinsei Bank said Monday that its group net profit fell 13.4 percent in fiscal 2002 to 53.03 billion yen.
COMMENTARY
May 26, 2003

High cost of the farm lobby

The outlook for the World Trade Organization's new round of trade negotiations is uncertain after member nations failed to agree on farm-trade "modality" before the March 31 deadline. The U.S.-European split over the Iraq war has slowed the momentum for talks. The initial goal of reaching a comprehensive...
MORE SPORTS
May 26, 2003

Russians hand Japan 43-34 defeat

Japan's build up toward the 2003 Rugby World Cup suffered yet another setback on Sunday with a 43-34 loss to Russia in a Super Powers Cup game at Tokyo's Chichibunomiya Stadium.
Japan Times
COMMUNITY
May 25, 2003

Getting into hot water for health

In the hot-spring heaven that is Japan, there are a countless number of onsen from Hokkaido to Okinawa, from those of luxurious spas in nondescript concrete buildings to rotenburo set in pristine natural surroundings.
Japan Times
COMMUNITY
May 25, 2003

Soaked in the city

Though you may not have seen Hayao Miyazaki's Oscar-winning animated film "Spirited Away," which is set in an opulent bathhouse for the gods, even the most fleeting acquaintance with Japan will have made it clear that soaking in a hot tub is an almost celestial experience for the inhabitants of these...
BUSINESS
May 24, 2003

Fuji Heavy banking on new Legacy

Fuji Heavy Industries Ltd., which makes Subaru vehicles, launched a remodeled Legacy wagon on the domestic market Friday, hoping the key product will reinvigorate the carmaker's sluggish sales.
BUSINESS
May 24, 2003

Hazama logs net loss of 122 billion yen

Ailing contractor Hazama Corp. said Friday its group net loss swelled to 122.6 billion yen in fiscal 2002, due to valuation losses on its asset holdings, including stocks. The firm posted a group net loss of 1.66 billion yen in fiscal 2001.
SOCCER / World cup
May 23, 2003

Zico names squad

Japan coach Zico on Thursday handed Cerezo Osaka hotshot Yoshito Okubo and two other Japan Under-22 players the chance to make their full international debut when he named a 23-man squad for the upcoming home friendly against 2002 World Cup cohost South Korea.
BUSINESS
May 23, 2003

Broadband mart seen growing fivefold in five years

The telecommunications ministry expects the value of the nation's broadband market to post a fivefold surge to 10.2 trillion yen over the next five years, according to a copy of a draft 2003 white paper made available Thursday.
BUSINESS
May 23, 2003

Nintendo's record profit run ends

Nintendo Co. said Thursday its consolidated net profit fell 36.8 percent to 67.27 billion yen in fiscal 2002, largely due to lower-than-expected sales of game consoles.
SOCCER / PREMIER REPORT
May 23, 2003

Scottish Premier League title race set to go down to the wire

LONDON -- As Celtic flew home from Seville on Thursday after the UEFA Cup final against FC Porto (a 3-2 extra-time defeat) its preparations for what many believe is an even bigger game began immediately -- a league match away to Kilmarnock. The game may not have the romance of a European final but the...
BUSINESS
May 23, 2003

Resona group to undergo FSA inspection

An emergency inspection into Resona Bank and its parent company will take place in June in connection with the government's decision to inject public funds into the bank, agency officials said Thursday.
BUSINESS
May 22, 2003

Sluggish ad sales dent Fuji TV profit

Fuji Television Network Inc. said Wednesday its group net profit for fiscal 2002 fell 14.4 percent from the previous year to 14.82 billion yen.
BUSINESS
May 22, 2003

Wowow returns to profitability

Satellite broadcaster Wowow Inc. said Wednesday it climbed back into the black in fiscal 2002 due to a sharp reduction in promotional costs.
ENVIRONMENT / OUR PLANET EARTH
May 22, 2003

Corporate values ignore the bottom line

With all the scandals swirling around U.S. corporations, public respect for CEOs has plunged and, as a lawyer, I can empathize. Stories about sleazy lawyers chasing after ambulances still bring color to my cheeks, so I understand what it's like to work in a profession that is equated with sharks and...
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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