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November 23, 2024
 

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BUSINESS
Mar 14, 2003

Stock resuscitation plan unveiled

In a bid to end a tailspin in Tokyo stock prices, the government on Thursday unveiled six emergency steps, including stricter control of speculative sales.
BUSINESS
Mar 13, 2003

More BOJ stock-purchases eyed

The government plans to ask the Bank of Japan to increase purchases of bank-held stocks to combat falling share prices and head off a financial crisis stemming from a possible war in Iraq, and has asked the central bank to ease its credit grip, officials said Wednesday.
EDITORIALS
Mar 12, 2003

After hemming and hawing

After months of hemming and hawing, Tokyo Gov. Shintaro Ishihara has officially announced his bid for re-election, ending speculation that he might return to national politics. His solid popularity makes it almost certain that he will win a second four-year term in the April 13 election. So far only...
BUSINESS
Mar 12, 2003

Three-year plan boosts JAL outlook

Japan Airlines System Corp. is expecting a group net profit of 35 billion yen for the business year through March 2006, up from 8 billion yen estimated for 2002.
JAPAN
Mar 12, 2003

Shops go against the grain to sell U.S. rice

U.S. rice farmers have found an unlikely ally in their endeavor to penetrate Japan's heavily protected rice market -- owners of mom-and-pop rice shops who themselves are bearing the brunt of the nation's market-opening reforms.
Japan Times
JAPAN
Mar 11, 2003

Entire Cabinet attends Diet audit session

Every politician scrambles for a piece of the budget pie to appease local voters, but few seem to care about how effectively the money is actually spent.
BUSINESS
Mar 11, 2003

Hitachi latest firm planning to adopt merit-pay system

In a move that may affect the entire manufacturing industry, Hitachi Ltd. plans to introduce a new pay system based entirely on job performance and abolish seniority-based annual pay hikes.
BUSINESS
Mar 11, 2003

Economists skeptical over promise to take action on stock-price tumble

As the 225-issue Nikkei average briefly tumbled below 8,000 on Monday before finishing at a fresh 20-year low, top Cabinet members began talking about government plans to counter the seemingly relentless fall in domestic share prices.
JAPAN
Mar 8, 2003

Ministry plans to cut public pension benefits

The Health, Labor and Welfare Ministry unveiled a plan Friday under which public pension benefits would be cut by an average 0.3 percentage point per year through fiscal 2025, in line with the shrinking labor force.
BASEBALL / MLB
Mar 7, 2003

Nomo to fund amateur baseball team in Osaka

Los Angeles Dodgers pitcher Hideo Nomo will form and fully subsidize a baseball team in his hometown of Sakai in Osaka Prefecture to contribute to the development of amateur baseball in Japan, sources said Thursday.
BUSINESS
Mar 7, 2003

Bridgestone to lift Thai production

Bridgestone Corp. is building a factory in Thailand to manufacture carbon black in a bid to strengthen and stabilize its supply of raw materials for its tires. Its wholly owned subsidiary, Bridgestone Carbon Black (Thailand) Co., will start manufacturing the raw materials in the latter half of 2004,...
BUSINESS
Mar 7, 2003

LDP OKs changes to business laws

The ruling Liberal Democratic Party on Thursday approved amendments to the insurance business and securities exchange laws for submission to the Diet.
BUSINESS
Mar 4, 2003

Increase in overtime boosts average monthly salaries

The average monthly wage, including overtime pay, stood at 277,003 yen in January, up 0.2 percent from a year earlier, marking the first rise in 25 months, the Health, Labor and Welfare Ministry said Monday in a preliminary report.
BUSINESS
Mar 4, 2003

Softbank in Yahoo Japan selloff

In an effort to bankroll its broadband business, Softbank Corp. announced Monday it will offload around 17 percent of its group stake in Yahoo Japan Corp.
BUSINESS
Mar 1, 2003

Pension plan could lead to sales tax hike

The Liberal Democratic Party's committee on public pension reform will study the possibility of raising the 5 percent consumption tax as a means to finance a proposed increase in the government's contribution to the national pension program, the panel's head said Friday.
JAPAN
Mar 1, 2003

Japan to rethink KEDO program

Japan is reconsidering its commitment to building light-water nuclear reactors in North Korea now that Pyongyang has reactivated nuclear facilities linked to its weapons development program in violation of a 1994 accord.
BUSINESS
Feb 28, 2003

Group urges sales tax hike, public works cuts

The government should hike the sales tax and cut public spending over the next eight years in an attempt to balance the national budget, an influential business organization said Thursday.
Japan Times
JAPAN
Feb 26, 2003

Yamaguchi fraud appeal rejected

The Tokyo High Court on Tuesday trimmed six months off former Labor Minister Toshio Yamaguchi's four-year prison sentence for fraud and embezzlement.
MORE SPORTS
Feb 26, 2003

Shibui to miss Nagoya Marathon

Yoko Shibui, who injured her left knee while training in the southwestern Chinese city of Kunming, will miss the upcoming Nagoya Marathon, sponsors said Tuesday.
BUSINESS
Feb 25, 2003

Toyota, Fuji Heavy tie up on G-Book network service

Toyota Motor Corp. and Fuji Heavy Industries Ltd. said Monday they have reached a basic agreement under which Fuji Heavy will install Toyota's G-Book wireless information terminals in its Subaru vehicles in Japan beginning in 2004.
JAPAN
Feb 24, 2003

New Narita operator to be quieter, greener

The proposed new operator of Narita airport may be faced with strict measures for environmental conservation and noise reduction.
MORE SPORTS
Feb 22, 2003

Shibui uncertain for Nagoya race

Yoko Shibui, who finished third at last October's Chicago Marathon, has injured herself while training in Kunming in southwestern China and returned to Japan a week earlier than expected for treatment, coach Hideo Suzuki said Friday.
COMMENTARY / WASHINGTON UPDATE
Feb 22, 2003

Antiwar fever rises as the economy sinks

WASHINGTON -- Two big questions have dominated Washington this week. When will this horrible, cold winter end? And when will the war in Iraq begin? While they are different subjects with different consequences, they are getting about equal time in the capital's conversation content.
JAPAN
Feb 21, 2003

LDP approves farm groups handling rice production

The ruling Liberal Democratic Party on Thursday approved an amendment to the Staple Food Law that would end decades of government control of rice output by fiscal 2008 and put farm groups in charge of production, officials said.
BUSINESS
Feb 21, 2003

Keidanren calls for hike in sales tax

Senior members of the Japan Business Federation (Nippon Keidanren) called for a hike in the consumption tax in a meeting Thursday with New Komeito executives.
SOCCER / PREMIER REPORT
Feb 20, 2003

The real story on Beckham and the boot

LONDON -- Imagine if the boot was on the other foot -- and in this case the phrase could hardly be more appropriate.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

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

Longform

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

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