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January 21, 2025
 

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BUSINESS
Feb 16, 2002

Asahi Mutual to cut stock losses

Asahi Mutual Life Insurance Co. said Friday it will raise 150 billion yen and cut its shareholding losses by 400 billion yen by March 31 in a bid to regain customer trust and stop policy cancellations.
BUSINESS
Feb 15, 2002

Investors swap stocks, MMFs for gold

Japanese individual investors are increasingly shying away from financial products with potential risk, especially after the sudden collapse of U.S. energy giant Enron Corp. dealt a severe blow to popular money management funds.
EDITORIALS
Feb 13, 2002

Reading between the lines

According to the financial mandarins of the Group of Seven, the global economy has turned the corner. Despite recession in Japan and the United States, the world's leading economies, and the shock created by the Sept. 11 terrorist attacks, the international outlook has improved. The statement released...
COMMUNITY
Feb 10, 2002

A true poet of the people ...

Coming soon to a sidewalk near you is one of Japan's most original street artists, Hiromitsu Noriyasu, along with his growing cult of fans. The spirited 34-year-old has covered more than 16,000 km over the past seven months on his bicycle tour of Japan, raising funds to finance a film by composing poems...
JAPAN
Feb 8, 2002

Government may slash child-care allowances

The government plans to slash child-rearing allowances for single mothers in a bid to reduce rising social security outlays caused by increasing divorce rates in families with young children, government sources said Thursday.
BUSINESS
Feb 7, 2002

Nidec to set up subsidiary in China

Precision motor manufacturer Nidec Corp. said Wednesday it will set up a wholly owned subsidiary in China to make and sell spindle motors for hard disk drives.
Japan Times
BUSINESS
Feb 5, 2002

Kinki Nippon, Nippon Travel part ways

Kinki Nippon Tourist Co. and Nippon Travel Agency, the nation's second- and third-largest travel agencies, announced Monday that they have canceled a merger plan for January 2003 due to ramifications of the Sept. 11 attacks in the United States.
BUSINESS
Feb 5, 2002

Asian, Latin American officials ready to roll up their sleeves

A fledgling forum of 27 East Asian and Latin American countries will get down to business early next month on drafting a package of specific proposals to shore up nascent trans-Pacific cooperation in economic and social areas.
JAPAN
Feb 4, 2002

State bill would demand energy-efficient buildings

A government-drafted bill would amend the energy-conservation law so that plans to build nonresidential buildings with a floor space of 2,000 sq. meters or more would have to include specific energy-saving measures, according to a draft of the bill obtained Sunday by Kyodo News.
BUSINESS
Feb 1, 2002

Tokio, Asahi Mutual scrap tieup

The merger of Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co.'s life insurance businesses, touted for March 2003, has been scrapped. The decision, reached during a meeting Thursday morning between Tokio Marine President Kunio Ishihara and Asahi Mutual President Yuzuru Fujita, has...
BUSINESS
Jan 31, 2002

Life, nonlife insurers scrap tieup

Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co. have decided to scrap their plans to integrate under a single holding company by March 2003 due to the cautious stance of the nonlife insurer, sources from the two companies said Wednesday.
BUSINESS
Jan 30, 2002

Showa Denko revises earnings, expects net loss

Chemical manufacturer Showa Denko K.K. said Tuesday it revised downward its fiscal 2001 group earnings projection to a 34.5 billion yen net loss from a break-even estimate due to additional advanced writeoffs of about 31.6 billion yen in restructuring costs.
JAPAN
Jan 29, 2002

Olympus develops DNA computer

Olympus Optical Co. said Monday it has developed a DNA computer capable of high-speed, fully automated, quantitative gene expression profiling.
JAPAN
Jan 25, 2002

Toshima eyes tax on nuisance bikes, studio flats

Toshima Ward in Tokyo is planning to introduce the nation's first taxes on studio apartments and on bicycles parked in an obstructive manner near train stations, according to Toshima Mayor Yukio Takano.
BUSINESS
Jan 25, 2002

Asahi Bank shareholders OK merger

Asahi Bank's shareholders on Thursday approved a proposal to integrate operations with Daiwa Bank Holdings Inc., Asahi Bank officials said.
JAPAN
Jan 24, 2002

Public buildings face new barrier-free codes

The Land, Infrastructure and Transport Ministry plans to strengthen the barrier-free law by making it obligatory for public buildings to install handrails and other facilities needed by senior citizens and the physically impaired, ministry sources said Wednesday.
BUSINESS
Jan 21, 2002

Insurers set to finalize details of merger plans

Top officials from Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co. will meet today to iron out the details of a proposed business integration, including the transfer of Asahi's sales division to a wholly owned subsidiary of Tokio Marine, company sources said Sunday.
BUSINESS
Jan 20, 2002

Nankai to slash staff, cut pay, close units

OSAKA -- Financially ailing Nankai Electric Railway Co. has unveiled a radical restructuring program, saying it will slash more than 20 percent of its workforce, reduce pay and close down unprofitable subsidiaries.
JAPAN / PROTOCOL PURSUIT
Jan 19, 2002

Role of forests seen leading environmental debate

Last of three parts Staff writer Forests are now at the forefront of climate-change debate in Japan.
JAPAN
Jan 19, 2002

Ministry plans DNA tests to identify repatriated war dead

The Health, Labor and Welfare Ministry plans to conduct what would become the first DNA tests by the state to identify the remains of war dead gathered from abroad and in Okinawa.
JAPAN / INTERNATIONAL RATIONALE
Jan 19, 2002

Coffee shops on different tracks in Japan

Three specialty coffee chains from Seattle -- Starbucks, Tully's Coffee and Seattle's Best Coffee -- are aggressively expanding their business in Tokyo, changing the face of the capital with the rich aroma of espresso.
JAPAN
Jan 19, 2002

Bigger role sought for paramedics

The Health, Labor and Welfare Ministry will discuss expanding the role of emergency medical technicians, amid mounting concerns over their limited capabilities under current regulations, ministry officials said Friday.
JAPAN
Jan 19, 2002

Japan's first railway station to be rebuilt

East Japan Railway Co. said Friday an affiliated body of the railway operator will restore the nation's first railway station, which dates back to 1872, in the Shinbashi district of Minato Ward, Tokyo, in spring 2003.
BUSINESS
Jan 19, 2002

Insurance body vice chief steps down

The Life Insurance Association of Japan said Friday its board accepted a proposal to replace vice chief Yuzuru Fujita, president of Asahi Mutual Life Insurance Co., with Shinichi Yokoyama, president of Sumitomo Life Insurance Co. Fujita is leaving because he wants to focus all his energy into efforts...
JAPAN / PROTOCOL PURSUIT
Jan 17, 2002

Carbon tax stuck in detour to Kyoto

This is the first in a three-part series on Japan's struggles to curb global warming gas emissions. Staff writer The dust is finally settling.
BUSINESS
Jan 16, 2002

Daihatsu Diesel in South Korea tieup

OSAKA -- Daihatsu Diesel Mfg. Co. said Tuesday it has formed a technical tieup with South Korea's HSD Engine Co. in the field of medium-speed marine diesel engines.
COMMENTARY / World
Jan 16, 2002

Cambodian aid raises concern

Through its involvement in Cambodia since the U.N. peacekeeping process began in 1991, Japan has played a positive role in attempting to bring peace and development to Cambodia. Japan's generous aid program has brought some significant benefits to Cambodians over the past 10 years. These include a glistening...
BUSINESS
Jan 16, 2002

UFJ Bank makes shaky debut

UFJ Holdings Inc. decided Tuesday to dip into its reserves to the tune of 1 trillion yen to make dividend payments, indicating that the group's new bank, which officially began operations the same day, is already desperately low on capital.
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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SWCC keeps changing with keyword ‘new challenges’

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