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January 21, 2025
 

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BUSINESS
Apr 12, 2002

Shiokawa eyes tobacco tax hike

Finance Minister Masajuro Shiokawa expressed willingness Thursday to raise taxes on tobacco products starting in fiscal 2003.
Japan Times
JAPAN
Apr 10, 2002

Africa aid forum searches for solutions

In an attempt to find solutions to Africa's persistent poverty and low economic growth, regional leaders and experts recently met in Tokyo to discuss ways to remedy the continent of its problematic governments.
BUSINESS
Apr 10, 2002

Yoshinoya beats mad cow with record sales

Despite the outbreak of mad cow disease in September, Yoshinoya D&C Co., Japan's largest operator of "gyudon" beef bowl restaurants, scored record sales and profits on both a consolidated and unconsolidated basis for the business year through February, company officials said Tuesday.
JAPAN
Apr 6, 2002

Computer glitches cripple transactions at Mizuho

Mizuho Financial Group, the world's largest banking group, confirmed Friday that it has a backlog of at least 2.5 million incomplete transactions due to computer system glitches.
BUSINESS
Apr 5, 2002

Komatsu, Volvo announce tieup

Komatsu Ltd. said Thursday it has reached a basic agreement with a Belgium-based construction equipment unit of Sweden's AB Volvo to jointly produce and develop construction equipment components.
BUSINESS
Apr 4, 2002

Lobby groups set merger timetable

The Osaka Chamber of Commerce and Industry and the Osaka Industrial Association agreed Wednesday to draw up a concrete merger plan by the end of June, officials of the two groups said.
BUSINESS
Apr 3, 2002

Yozan to offer fast mobile Net access

Yozan Inc., a Tokyo-based mobile technology venture, said Tuesday it will start providing broadband mobile Internet access of up to 8 megabits per second in the fall after setting up 4,000 antenna bases across Tokyo.
BUSINESS
Apr 2, 2002

KDDI starts high-speed mobile service

KDDI Corp. launched a third-generation high-speed data transmission service Monday for its au mobile phone service, moving to compete with a similar service offered by rival NTT DoCoMo Inc.
EDITORIALS
Apr 1, 2002

Banks must disclose more information

Banks in Japan enter a new era today when full deposit protection is abolished for time deposits and other similar savings accounts. In the event of a bank failure, the maximum refund per capita will be limited, in principle, to 10 million yen plus interest. And beginning April 1, 2003, the same limit...
Japan Times
BUSINESS
Apr 1, 2002

Nissan Construction Co., stiffed by Mycal, files for protection

Nissan Construction Co., affiliated with collapsed retailer Mycal Corp., has filed for protection from creditors.
BUSINESS
Mar 28, 2002

MMC president-to-be leaves no stone unturned

When he arrived in Tokyo more than a year ago from the Railsystem Unit of the DaimlerChrysler Group, Rolf Eckrodt, vice president and chief operating officer of Mitsubishi Motors Corp., gave each MMC executive a piece of the Berlin Wall encased in clear plastic.
EDITORIALS
Mar 28, 2002

A fairer tax system needed

Two years ago the Tokyo Metropolitan Government imposed a controversial tax on large banks doing business in the capital, with business size, not income, as the standard. Twenty-one banks (now 18 due to reorganization) filed a lawsuit seeking repeal of the tax. On Tuesday the Tokyo District Court ruled...
BUSINESS
Mar 28, 2002

Three electric cable makers to merge

Sumitomo Electric Industries Ltd. and two other electric cable makers said Wednesday they have reached a basic agreement to integrate operations to overcome a slump in demand.
BUSINESS
Mar 28, 2002

DaimlerChrysler's Eckrodt to take over at MMC

Mitsubishi Motors Corp. announced Wednesday that its executive vice president, Rolf Eckrodt, who came from DaimlerChrysler AG, will become the automaker's president and chief executive officer.
BUSINESS
Mar 27, 2002

Warring factors may lock yen above 130

The yen has given up much of its recent gains and now sits just about where it did earlier in the year.
BUSINESS
Mar 26, 2002

MMC to break even this business year: COO

Mitsubishi Motors Corp. will break even in the current business year, which ends Sunday, chief operating officer of the automaker said Monday.
BUSINESS
Mar 26, 2002

Nissan, MMC sign transmission pact

Nissan Motor Co., its transmission unit Jatco TransTechnology Ltd. and Mitsubishi Motors Corp. signed an agreement Monday to integrate the automatic transmission and continually variable transmission businesses of MMC and Jatco, the three firms said.
Japan Times
BUSINESS
Mar 25, 2002

Sumitomo, Mitsui Chemicals unite to weather tough times

As a global wave of consolidation sweeps through the chemicals industry, Sumitomo Chemical Co., Japan's second-largest chemicals maker, is trying to get a jump on its domestic rivals by merging with industry No. 3 Mitsui Chemicals Inc.
Japan Times
COMMUNITY
Mar 24, 2002

A greener shade of gray

Ever since Adam and Eve were banished from the Garden of Eden, people have been trying to climb back over the fence, because, whatever the attractions of city living, there is nothing like a garden to refresh both body and soul.
BUSINESS
Mar 23, 2002

Asian economies looking stronger

Asian economies -- other than Japan -- are expected to stage a strong rebound this year thanks to a faster-than-expected recovery in demand for information technology products resulting from the U.S. economic recovery, Nomura Research Institute said.
BUSINESS
Mar 22, 2002

Culture clash arises out of FTA deliberations

Japan and Mexico have made it halfway through what for Japan remains an unexplored tunnel and are beginning to see a glimmer of light.
BUSINESS
Mar 21, 2002

Pay-scale freeze may extend to '03

The chairman of the Japan Automobile Manufacturers Association on Wednesday said if deflationary pressure continues in Japan, no pay-scale increases will be possible, even after 2003.
COMMENTARY / WASHINGTON UPDATE
Mar 21, 2002

Americans continue to rally behind President Bush's war on terrorism

WASHINGTON -- The last week began with ceremonies marking the six-month anniversary of the terrorist attack on the United States. President George W. Bush took advantage of the occasion to project his program for the next phase of the war on terrorism.
BUSINESS
Mar 20, 2002

Daiei seeks government handout

As part of its rebuilding efforts, debt-saddled supermarket chain Daiei Inc. filed with the government Tuesday for tax breaks and other preferential treatment under the industrial rehabilitation law, government officials said.
BUSINESS / TAKING STOCK
Mar 19, 2002

Rally not just down to technical factors

Having slumped to 9,420.85 on Feb. 6, the 225-issue Nikkei average has been hovering around 12,000 in recent days.
Chinese buyer of Okinawa island to make visit in summer
Yanaha Island in Okinawa Prefecture as seen from a ferry.
Japanese firms weigh fallout from Trump tariff pledges
Economists, legal experts and business leaders concur that incoming U.S. President Donald Trump's pledge to implement fresh tariffs — whether directly aimed at Japan or not — could hurt the country's export-reliant machinery and automobiles industries while shattering the global economy.
Cedar pollen is already in the air in Tokyo
Climate change and urbanization are believed to have contributed to the earliest ever observation of cedar pollen in Tokyo, on Jan. 8, an expert says.
More bird flu cases found in Japan; 1.44 million birds to be culled
Officials with the agriculture ministry hold a news conference in Nagoya on Friday following an outbreak of avian influenza in Tokoname, Aichi Prefecture, earlier this month.
Fuji TV loses more advertisers amid inquiry into host’s behavior
Fuji TV is losing more advertisers following allegations about inappropriate behavior by a celebrity host and questions about its handling of the case.
Japan looks to learn from the past with bid to build Australian warships
The Maritime Self-Defense Force's Mogami frigate, of the class of the same name, is anchored at the MSDF's naval base in the city of Yokosuka, Kanagawa Prefecture, in September 2022.
Amid rising world hunger, a Japan-inspired group in Kenya is making a big impact
Wawira Njiru, the founder of Food4Education, serves food during the opening of a new kitchen in Mombasa County, Kenya, in 2022. The organization started in 2012 by feeding 25 children out of a single kitchen. Now it feeds nearly half a million every day.
From Tokyo to Manhattan, Takuma Watanabe stirs up a stiff drink
It's taken Takuma Watanabe little time to establish himself as one of New York's hottest bartenders.
For tourists in search of seasonal sights, Yamagata makes its case
For some time away from Tokyo's suffocating urban sameness, Yamagata Prefecture is home to a soothing array of natural abundance.
A slow dive into ‘a moment and an eternity’ with Ryuichi Sakamoto
From the mid-2000s onward, Ryuichi Sakamoto created a number of installation works, often in collaboration with Shiro Takatani, of multimedia art collective Dumb Type.

Podcast

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

Longform

Atsuyoshi Koike, the president and CEO of Rapidus, says there is a “sense of urgency” when it comes to Japan’s efforts in manufacturing semiconductors. “We have to make sure we are successful,” he says.
Atsuyoshi Koike’s big game: Fourth down and 2 nanometers to go
By Kazuaki Nagata and Richard Meyer

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