Search - 2003

 
 
JAPAN
Apr 27, 2002

Cabinet backs posts bills, sparks LDP row

Prime Minister Junichiro Koizumi's Cabinet on Friday endorsed part of a package of bills on postal service deregulation, disregarding fierce opposition from some heavyweights in the ruling Liberal Democratic Party.
Japan Times
COMMUNITY
Apr 27, 2002

When a contract contracts, and what comes after

Visitors to Hakone last autumn are most probably still talking about it. How they were in a cable car and saw a Japanese man in another car, traveling in the opposite direction, standing on his head and swiveling his hips 180 degrees with legs splayed open.
Japan Times
JAPAN
Apr 24, 2002

LDP acquiesces on bills for postal deregulation

The Liberal Democratic Party on Tuesday backed down from its crusade to block a package of bills on postal services deregulation, saying it would approve the legislation's submission to the Diet.
Japan Times
JAPAN
Apr 24, 2002

Nationwide HIV support network set up

A nationwide network to support people infected with HIV and people with full-blown AIDS has been established by Hiroshi Hasegawa, who is HIV-positive.
BUSINESS
Apr 23, 2002

Hoya pretax profit down 5% in '01

Hoya Corp., a maker of optical glass and eyeglasses, said Monday its group pretax profit for the fiscal year to March 31 fell 5 percent to 45.77 billion yen due mainly to the slump in the information technology sector.
BUSINESS
Apr 20, 2002

Posts deregulation bills may shatter LDP, Aso warns

The Liberal Democratic Party may be torn apart if Prime Minister Junichiro Koizumi goes ahead with his controversial plan to have four bills related to postal deregulation approved by the Cabinet on April 26, a top LDP policymaker warned Friday.
BUSINESS
Apr 20, 2002

Shiokawa to put Japan's case to G7

Finance Minister Masajuro Shiokawa said Friday he will counter negative views expressed by the International Monetary Fund regarding Japan's economic prospects when he meets with his Group of Seven counterparts in Washington.
BUSINESS
Apr 19, 2002

Uniqlo's profits on the wane

With Uniqlo's boom in casual clothing fading away, Fast Retailing Co. on Thursday cut its earnings projections for the business year to August from its previous estimate in January.
MORE SPORTS
Apr 18, 2002

JRFU to start new national tourney

Japan Rugby Football Union went a long way to improving rugby in Japan both on the domestic and international front with the news last week that it was abandoning the traditional company championship for a new nationwide 12-team tournament starting in September 2004.
BUSINESS
Apr 17, 2002

BOJ voted 8-1 in favor of liquidity drive

The Bank of Japan Policy Board in February voted 8-1 to boost liquidity in the banking system by increasing the central bank's outright purchases of government bonds, according to minutes released Tuesday.
BUSINESS
Apr 17, 2002

Lawson reports 11% profit drop

Lawson Inc., the nation's second-largest convenience-store chain operator, said Tuesday its group pretax profit fell 10.9 percent to 35.21 billion yen in the year ended Feb. 28.
BASEBALL / BASEBALL BULLET-IN
Apr 17, 2002

Fighters' proposed move to Sapporo makes sense

Quite a controversy brewing over the proposed relocation of the Nippon Ham Fighters from Tokyo to Sapporo for the 2004 season. The Pacific League club wants to shift its franchise base from the Tokyo Dome to the Sapporo Dome, but the Seibu Lions are trying to block the move, because that team wants to...
BUSINESS
Apr 16, 2002

Daiei offloads part of stake in Ichiken

Debt-saddled retailer Daiei Inc. said Monday it has agreed to sell slightly more than half of the group's equity stake in midsize construction firm Ichiken Co. to Toyo Techno Corp.
COMMUNITY
Apr 13, 2002

Support for foreign wives to make their own lives

Joanne Elbinger Higashi recalls the hardships of being newly married to a Japanese in the wilds of Mie Prefecture 20 years ago with a wry smile. "Returning here after visiting the States to show my 8-month-old son to my parents, it rained for weeks on end. It was a nightmare trying to get the diapers...
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.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.