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November 29, 2024
 

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BUSINESS
May 23, 2000

Sumitomo, Sakura back in black

Sumitomo Bank and Sakura Bank returned to the black in fiscal 1999, partly due to gains from sales of stocks and fewer bad-loan writeoffs compared to the year before, according to their earnings reports released Monday.
JAPAN
May 20, 2000

Life folds with debt of 966 billion yen

Saddled with massive liabilities, Life Co., one of Japan's six major consumer credit companies, filed with the Tokyo District Court for protection from creditors under the Corporate Rehabilitation Law on Friday.
JAPAN
May 19, 2000

Licensing guidelines drafted

The financial standing of companies must be examined before and after their subsidiary banks receive banking licenses, according to a set of draft guidelines released Thursday.
BUSINESS
May 19, 2000

25% Mitsui profit dip laid to loan-loss provisions

Trading house Mitsui & Co. said Thursday that its group pretax profits plunged 24.7 percent to 52.61 billion yen in fiscal 1999 on sales of 13.20 trillion yen, down 5.6 percent.
BUSINESS
May 18, 2000

Sumitomo swings into black

Trading house Sumitomo Corp. said Wednesday that its 1999 group business swung into the black for the first time in two years, posting a consolidated net profit of 26.05 billion yen.
BUSINESS
May 17, 2000

Daihatsu reports gains in '99

Daihatsu Motor Co. reported higher sales and pretax profits on a consolidated basis for the 1999 business year due to improved sales of minivehicles, company executives said Tuesday.
COMMUNITY
May 14, 2000

Ex-garbage man bags career as pro caddie

If Jeff Mulberry has any aspirations beyond the odd hole in one, it is to lead as uncomplicated a life as possible. His needs are modest and his interests narrowing down as he focuses on pro golf. Not that he has his eye set on being a winning player, but rather on being the best caddie that friendship,...
LIFE / Travel
May 11, 2000

Firing up Fukuoka's hippest corner

FUKUOKA -- A long feature on Fukuoka in a recent issue of Toyo Keizai magazine examined three different areas that represent development in the city. Two of these, the reclaimed land of Momochi, and the city's historic Kawabata area, have seen much growth in the last 10 years, boosted by giant government-funded...
JAPAN
May 9, 2000

Osu survives with blend of old and new

NAGOYA -- Young people browse through the shirts and jeans at a used clothes store, while an elderly woman picks up some tea at a shop around back. On the street, a young couple eating ice cream pass a man with a computer.
BUSINESS
May 9, 2000

AXA Nichidan Life exec eyes challenges

The challenges surrounding the newly launched AXA Nichidan Life Insurance Co. and Japan's insurance industry do not elude Hisashi Ohgaki, the firm's executive director and chief products and marketing officer.
COMMENTARY
May 5, 2000

Boost Chinese human rights through trade

Business profits vs. human rights. So do critics of trade between America and China frame the debate. But freer trade is likely to advance human rights as well as boost business profits.
BUSINESS
May 4, 2000

Cameras clash over digital divide

The Japanese camera market is splitting into opposite directions, with high-tech digital models catching consumers' fancy while old-fashioned range finders are staging a strong comeback.
COMMENTARY / World
Apr 18, 2000

Living in a high-tech world

Trading in the shares of Internet-related venture businesses is booming on the Japanese stock market. The media are full of reports on information technology and Internet-based e-commerce. Computer and telecommunications technologies are bringing revolutionary changes to society, but Japan and the United...
COMMUNITY
Apr 9, 2000

Financial services fly at Banner

Some loudmouth once said that anyone who was in Japan during the bubble years of the late 1980s and had not made money -- a lot of money -- was a fool. Well, that makes me a dunce of the first order.
BUSINESS
Mar 29, 2000

MMC eyes DaimlerChrysler

A day after announcing a capital tieup between DaimlerChrysler AG and Mitsubishi Motors Corp., MMC President Katsuhiko Kawasoe indicated Tuesday that the Japanese automaker may obtain a stake in the German-American firm in the future.
BUSINESS
Mar 29, 2000

Keidanren wants private sector in postal services

The Japan Federation of Economic Organizations (Keidanren) proposed Tuesday that private entities be allowed to get involved in state-run postal services early in order to accelerate the system's streamlining.
JAPAN
Mar 29, 2000

Science agency takes away JCO's license

The Science and Technology Agency formally notified JCO Co. on Tuesday that it will revoke the firm's business license because it is responsible for causing Japan's worst nuclear accident at its uranium-processing plant in Tokai, Ibaraki Prefecture.
BUSINESS
Mar 28, 2000

Car manufacturer alliances aim to exploit partners' strengths

As Mitsubishi Motors Corp. on Monday announced a capital tieup with DaimlerChrysler AG, the dust may begin to settle from a series of realignments that have changed the landscape of Japan's automotive industry.
BUSINESS
Mar 27, 2000

KDD set to lead new advance overseas

The three-way merger of KDD Corp., DDI Corp. and IDO Corp. in October will turn the new firm into a competitive mobile phone and Internet business that will enable KDD to shine, KDD President Tadashi Nishimoto says.
BUSINESS
Mar 24, 2000

Toyota, GM, Yamaha tie up on Web

Toyota Motor Corp. is planning to advertise on its Web site cars manufactured by General Motors Corp. of the United States and motorcycles made by Yamaha Motor Co., company sources said Thursday.
BUSINESS
Mar 22, 2000

0.2% increase in capital spending seen

Major Japanese corporations are planning to invest 0.2 percent more on equipment in fiscal 2000, the first increase in four years, the government-affiliated Development Bank of Japan said Tuesday.
EDITORIALS
Mar 21, 2000

Fighting for the global commons

Protecting the environment is always a popular issue -- until hard choices have to be made. There has been a series of international conferences on the issue, but they have yielded little real progress. In Rio de Janeiro in 1992 and in Kyoto in 1997, attempts to set international standards for environmental...
BUSINESS
Mar 21, 2000

Power industry to get a jolt of competition

Competition emerging from ongoing market reforms ranging from the financial "Big Bang" to telecommunications deregulation is taking many of Japan's industrial dinosaurs to the verge of extinction.
BUSINESS
Mar 20, 2000

Japan Telecom on road to survival

With e-commerce blooming and cut-throat competition intensifying in the telephone business, Japan Telecom Co. is shifting its focus from voice to data transmission and enlisting the help of foreign partners, says Haruo Murakami, president of the firm.
BUSINESS
Mar 18, 2000

Ito-Yokado, Sony unveil bank plans

Ito-Yokado Co. and Sony Corp. separately unveiled basic plans to set up banking subsidiaries to a Liberal Democratic Party panel Friday, according to a senior LDP official.
JAPAN
Mar 17, 2000

Former minister gets prison term

The Tokyo District Court sentenced former Labor Minister Toshio Yamaguchi to four years in prison Thursday in connection with illicit loans involving two failed Tokyo credit unions.
BUSINESS
Mar 11, 2000

Toyota to increase stake in Hino

Toyota Motor Corp. will raise its stake in Hino Motors Ltd. from 20.1 percent to 33.8 percent, effectively gaining managerial control of Japan's largest truck manufacturer, the two companies announced 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.
Hiroshi Kurosaki looks beyond Japan for heart-wrenching drama
Hiroshi Kurosaki’s Netflix series “Beyond Goodbye” centers on a woman (Kasumi Arimura, left) who discovers her dead lover’s heart saved the life of a quiet pianist (Kentaro Sakaguchi).
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.
‘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.

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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