Search - 2002

 
 
EDITORIALS
Feb 6, 2003

Diet debates remain superficial

Prime Minister Junichiro Koizumi's economic policy is coming under increasing criticism from the opposition parties. They have mainly condemned him for failing to produce either reform or growth, and have pointed out that his battle against deflation is reaching deadlock. That criticism -- which is not...
BUSINESS
Feb 6, 2003

Mizuho gets OK to increase issuance of preferred shares

Mizuho Holdings Inc. held an extraordinary shareholders' meeting Wednesday in which it was given the green light to raise the ceiling on preferred share issues -- a measure aimed at bolstering its capital by 1 trillion yen to accelerate bad-loan disposal.
BUSINESS
Feb 6, 2003

Kuraray beefing up plastic output

Kuraray Co., a manufacturer of synthetic fiber and chemicals, said Wednesday it will invest 8.5 billion yen to boost production in Belgium of EVOH resin, a plastic used to make containers for food products such as mayonnaise and ketchup.
BASEBALL / BASEBALL BULLET-IN
Feb 5, 2003

Interesting mix of foreign players, coaches and manager for 2003

Foreign players for 2003: Who's who?
BUSINESS
Feb 5, 2003

Monetary base up 13.4% to 95.367 trillion yen

Japan's monetary base in January rose 13.4 percent from a year earlier to 95.367 trillion yen, up for the 24th straight month, the Bank of Japan said Tuesday.
BUSINESS
Feb 5, 2003

Sharp group net profit triples on year

Sharp Corp. said Tuesday that its group net profit during the October-December quarter logged a three-fold rise from the same period the previous year, hitting 13.97 billion yen.
JAPAN
Feb 2, 2003

Professor mishandled 22 million yen in grants

A renowned medical professor at the University of Tokyo and his team mishandled more than 22 million yen of state subsidies, it was learned Saturday.
CULTURE / Books / THE ASIAN BOOKSHELF
Feb 2, 2003

Analyst urges Russia to look West

THE END OF EURASIA: Russia on the Border Between Geopolitics and Globalization, by Dmitri Trenin. Washington, D.C.: Carnegie Endowment for International Peace, 2002, 351 pp., $24.95 (paper) If nations were people, then Russia would have post-traumatic stress syndrome. Over the past decade, the former...
CULTURE / Books / THE ASIAN BOOKSHELF
Feb 2, 2003

Dispatches from the past

TREATISE ON EPISTOLARY STYLE: Joa~o Rodriguez on the Noble Art of Writing Japanese Letters, by Jeroen Pieter Lamers. Ann Arbor: University of Michigan, Center for Japanese Studies, 2002, 104 pp., $49.95 (cloth) In Japan, it was once thought that letters showed the writer's personal character. The way...
BUSINESS
Feb 1, 2003

Housing starts collapse to 19-year low

Housing starts fell 1.9 percent in 2002 to 1,151,016, the lowest figure in 19 years, the Land, Infrastructure and Transport Ministry said Friday.
Japan Times
CULTURE / Music / THE SECOND ROOM
Feb 1, 2003

Crystal Skulls: 'hatsumode' for the groove generation; Yokosuka joins the party

MAKUHARI, Chiba Pref. -- We plowed our way into the mass of humanity packing the Makuhari Messe event hall moments after the cheers rose to ring in the new year.
BUSINESS
Feb 1, 2003

Honda saw record sales, profits in third quarter

Honda Motor Co. reported record sales and record profits on a consolidated basis for the October-December period, thanks to thriving car sales in overseas markets, company officials said Friday.
BUSINESS
Feb 1, 2003

Economy top priority: Koizumi

Admitting that the Japanese economy is struggling to find a way out of the recession, Prime Minister Junichiro Koizumi made clear Friday that reviving the economy will be his top priority for this year, declaring he will take "all available policy measures" to fight deflation.
BUSINESS
Feb 1, 2003

Sogo announces plan to join Seibu under a holding firm

Sogo Co. President Shigeaki Wada announced Friday that the department store chain will merge its operations with those of Seibu Department Ltd., its bankruptcy-rehabilitation sponsor suddenly experiencing its own difficulties.
BUSINESS
Jan 31, 2003

Sogo finishes court-ordered rehab drive

Sogo Co. said Thursday the Tokyo District Court has certified that the department store chain, which went under in 2000, has successfully completed legal rehabilitation procedures under the Civil Corporate Revival Law.
BUSINESS
Jan 31, 2003

Hitachi dropping losers to enhance profits

Hitachi will drop money-losing businesses that now bring in 1.6 trillion yen in annual sales for the Japanese electronics maker in an effort to return to profitability.
JAPAN
Jan 31, 2003

Loan-sharking cases hit record high in 2002

Police acted last year on a record 238 cases of loan-sharking or unauthorized lending, in which a record 122,000 people were victimized, the National Police Agency said Thursday.
BUSINESS
Jan 30, 2003

Mizuho turns to business partners in desperate effort to boost capital

Mizuho Holdings Inc. played its final trump card last week in a bid to get rid of nonperforming loans once and for all, turning to some of its largest business partners to raise an unprecedented 1 trillion yen to boost its capital base.
BUSINESS
Jan 30, 2003

Snow Brand vows to restore image with safety steps

Snow Brand Milk Products Co., which has recently revamped its corporate structure, restated its pledge Wednesday to restore its image by ensuring safety and ethical conduct.
BUSINESS
Jan 30, 2003

Misawa to change group structure

Misawa Homes Co. said Wednesday it will reorganize its group structure under a new holding firm to be launched in August.
BUSINESS
Jan 29, 2003

Cost cuts shrink Fujitsu group losses

Fujitsu Ltd. said Tuesday its group losses shrank considerably in the October-December quarter on a year-on-year basis, primarily due to cost-cutting and restructuring efforts.
BUSINESS
Jan 29, 2003

Vehicle output sees 4.9% increase

Domestic production of cars, trucks and buses rose for the first time in two years, with 10.26 million being produced in 2002, up 4.9 percent from the previous year, the Japan Automobile Manufacturers Association said Tuesday.
BUSINESS
Jan 29, 2003

Shipments of audiovisual gear rise

Domestic shipments of audiovisual equipment amounted to 2.02 trillion yen in 2002, up 0.6 percent from the previous year for the first rise in two years, an industry body said Tuesday.
BUSINESS
Jan 29, 2003

Shiokawa set to bolster budget review

Finance Minister Masajuro Shiokawa said Tuesday he wants to strengthen the government's review of the use of budget money in fiscal 2003 as a Cabinet-wide initiative.

Longform

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