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April 22, 2025
 

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BUSINESS
May 2, 2001

IY Bank aims to change banking Monday

The battleground for retail banking will shift to convenience stores Monday when Ito-Yokado Co.'s IY Bank opens on a vast network of ATMs at Seven-Eleven stores nationwide.
BUSINESS
May 1, 2001

Katayama against privatizing posts, favors stronger NTT

Junichiro Koizumi's inauguration as prime minister might have lifted the hopes of those who seek the privatization of the nation's postal services.
JAPAN
Apr 28, 2001

Hayami might resign in May

Bank of Japan Gov. Masaru Hayami intends to resign as early as May after three years at the helm of the central bank, sources close to him said Friday.
JAPAN
Apr 27, 2001

Incoming economic ministers promise to work hard

Economic ministers in the newly formed Cabinet of Junichiro Koizumi said Thursday that they will try hard to pull the nation out of its long economic downturn and help accelerate the disposal of banks' bad loans.
BUSINESS
Apr 27, 2001

DoCoMo to commence 3G service in October

NTT DoCoMo Inc. officially delayed the launch of its next-generation cellular service from May 30 to Oct. 1 but refused to call it a postponement.
BUSINESS
Apr 26, 2001

Exec cites potential in Net data centers

Despite whatever attractive content it may offer, a dot-com firm is doomed to failure if it cannot provide its customers with quick and smooth access to data through its Web site.
JAPAN
Apr 26, 2001

Koizumi's choices break from norm

Junichiro Koizumi, newly elected president of the dominant LDP, broke with tradition Wednesday and awarded the top three party spots to lawmakers outside of the largest faction.
JAPAN
Apr 25, 2001

Bush defers decision on selling Aegis ships to Taipei

WASHINGTON -- In a decision closely watched by China, President George W. Bush deferred deciding on Taiwan's request to buy U.S. destroyers equipped with high-tech Aegis combat radar equipment, leaving open the possibility of future sales if Beijing's military threats against the island persist, officials...
BUSINESS
Apr 22, 2001

TTNet plans high-speed Internet access service

Tokyo Telecommunications Network Co. plans to commence a high-speed fiber-optic Internet access service, perhaps within the current fiscal year, company sources said Saturday.
JAPAN
Apr 21, 2001

Reform of state health care advances

The Health, Labor and Welfare Ministry said Friday that it will close an additional 15 state-run medical facilities and privatize 17 others over the next five years.
BUSINESS
Apr 21, 2001

Coalition to cut tax on small capital gains

The ruling coalition on Friday finalized proposals for revising securities taxes, which feature incentives for individual investors to boost flagging markets.
BUSINESS
Apr 20, 2001

Mitsubishi Motors changing gears under new three-year turnaround plan

Mitsubishi Motors Corp. is banking on a three-year restructuring effort to change its traditional corporate culture and become a more market-oriented company.
BUSINESS
Apr 20, 2001

Arianespace eyes H-IIA as 'partner'

Japan's H-IIA rocket should be a "partner" rather than a competitor, to increase flexibility in meeting customer needs, such as a shift in the launching date, Jean-Marie Luton, visiting chairman and chief executive officer of Arianespace said during a news conference Thursday in Tokyo.
JAPAN
Apr 16, 2001

LDP presidential candidates spar over cure for economy

The four hopefuls in the race to replace Prime Minister Yoshiro Mori remained divided Sunday over their prescriptions for Japan's diseased economy.
JAPAN
Apr 14, 2001

Steel giants NKK, Kawasaki to join

NKK Corp., Japan's second-largest steelmaker, and Kawasaki Steel Corp., No. 3 in the field, announced Friday that they have agreed to integrate their operations in October 2002 under a joint holding company.
JAPAN
Apr 12, 2001

Postal Agency, union negotiating staff cuts

The Postal Services Agency has begun negotiating with its labor union to trim the 140,000-strong workforce at post offices and rebuild its loss-making operations, according to the chief of the agency.
JAPAN
Apr 8, 2001

Digital legend aims to fill technology gap with $100 computer

Digital technology is evolving at stunning speed, slashing the prices of all sorts of digital gadgets and linking numerous countries through the ever-growing World Wide Web. But these developments fail to satisfy Kazuhiko Nishi, who wants tools created to tear down the technological and language barriers...
JAPAN
Apr 7, 2001

Ishihara to review bus sales from environmental angle

Tokyo Gov. Shintaro Ishihara said Friday that he will review the metropolis' practice of selling its old buses to countryside operators from an environmental viewpoint, following a report last week that criticized the transaction.
JAPAN
Apr 6, 2001

Japan Inc. moves toward true accounting of books

The true standing of Japanese firms in relation to their foreign rivals is slowly becoming clear.
JAPAN
Apr 4, 2001

10% of seniors need external care

About 10 percent of all seniors have been recognized as in great need of external assistance under the public nursing-care insurance system a year after its launch, according to the Health Ministry.
JAPAN
Apr 3, 2001

Spy satellite office set up by Cabinet

The government is gearing up to launch multipurpose information satellites as early as next year, setting up a new office Monday to push the long-awaited plan.
BUSINESS
Mar 31, 2001

Matsushita outlines plan to streamline sales

OSAKA -- Matsushita Electric Industrial Co. on Friday unveiled a major reorganization aimed at streamlining sales, distribution and other related operations for consumer and household markets in Japan.
BUSINESS
Mar 31, 2001

GlaxoSmithKline aims for top 10

GlaxoSmithKline K.K., formerly known as Glaxo Wellcome K.K., aims to be one of Japan's top 10 pharmaceutical makers by 2003 after its merger Sunday with SmithKline Beecham Seiyaku K.K., a company executive said Friday.
BUSINESS
Mar 30, 2001

State closes in on NTT monopoly

A state panel on information technology agreed Thursday to a review of Nippon Telegraph and Telephone Corp. to allow for fair competition in the telecom sector, while using IT to promote public welfare and regain economic competitiveness.
BUSINESS
Mar 30, 2001

Mitsui Construction gets 142 billion yen debt waiver

Mitsui Construction Co. said Thursday its nine main creditors have agreed to waive 141.97 billion yen in claims on outstanding loans to the financially troubled construction company.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Pope Francis, radical leader who broke the papal mold, dies at 88
Pope Francis blesses the faithful during the weekly general audience at the Vatican in August 2023.
Japan mulls reviewing car safety rules to strike deal with Trump
Ryosei Akazawa, Japan's Economic Revitalization Minister and top tariff negotiator with the U.S., speaks to the press upon his arrival at Haneda Airport in Tokyo on Friday.
Japan tariff negotiator rules out quick U.S. deal despite push by Trump
Ryosei Akazawa, Japan's top tariff negotiator with the U.S., speaks to reporters upon his arrival at Tokyo's Haneda Airport on Friday, a day after talks in Washington.
Shohei Ohtani announces birth of daughter
Shohei Ohtani and his wife Mamiko Tanaka attend a Lakers game in Los Angeles on Dec. 8, 2024.
The floor is art: Takuro Tamayama transforms mundanity
Takuro Tamayama’s sculpture “Models (Pair, 6 sets, 12 rings)” comes with a mathematical formation that scales it for different spaces.
Nothing sells like Shohei Ohtani, MLB’s marketing megastar
People walk past an advertisement featuring Los Angeles Dodgers two-way star Shohei Ohtani outside Tokyo Dome on March 18.
Calling all Potterheads: ‘The Goblet of Fire’ comes to Tokyo
The Tokyo version of the globe-trotting exhibition features a Ministry of Magic set, which includes an imposing replica of the Magic Is Might monument representing magical fascism.
Tokyo stock picker advises Trump-proofing portfolios with Godzilla creator Toho
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
LDP and CDP lawmaker groups propose 0% consumption tax on food
A vegetable stand displays prices at a supermarket in Tokyo in 2023. Some lawmakers are proposing lowering the consumption tax on food to 0%, which is expected to result in a loss of up to ¥5 trillion in tax revenue annually.

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