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BUSINESS
Feb 28, 2002

Seibu to log 80 billion yen special loss

Seibu Department Stores Ltd. plans to post extraordinary losses of some 80 billion yen for its business year to Feb. 28 after liquidating a subsidiary and incurring capital losses, company sources said Wednesday.
COMMENTARY / THE VIEW FROM MOSCOW
Feb 28, 2002

Salt Lake City Games spark Gold War

MOSCOW -- Moscow is furious, Russia indignant. President Vladimir Putin frowns, the Russian Parliament wails. The people would be burning American flags in the streets if they could get some. The hotheads are already talking about boycotting McDonald's and "The Lord of the Rings." The nation feels humiliated...
BUSINESS
Feb 21, 2002

Honda chairman to head car industry association

Yoshihide Munekuni, chairman of Honda Motor Co., is expected to become the head of the Japan Automobile Manufacturers Association Inc. in May, industry sources said Wednesday.
BUSINESS
Feb 20, 2002

Nissan, DoCoMo to jointly work on 'telematics' project

Nissan Motor Co. and NTT DoCoMo Inc. said Tuesday they will jointly study and develop a "telematics" service based on the cellular phone giant's third-generation mobile communications technologies.
BUSINESS
Feb 20, 2002

Banks skeptical of share-purchasing body

Banks are reluctant to use a government share purchasing body set up to help them unwind their massive cross-held shares, the chairman of the Japan Bankers Association said Tuesday.
Japan Times
Events
Feb 19, 2002

Swim meet to spotlight river filth

OSAKA -- Anyone for a dip? The Dotonbori River has been running through the center of Osaka's bustling Namba district since it was diverted as a waterway in the early 16th century. But the filth in the river makes the idea of holding a swimming tournament in it sound like a joke.
JAPAN
Feb 18, 2002

Kyoto pact legislation being prepared for Diet

A new piece of legislation drafted to revise the global warming law calls on the government to set targets for cutting greenhouse gas emissions and to give households advice on combating global warming, government sources said Sunday.
EDITORIALS
Feb 17, 2002

Open food-supply system needed

Five months have passed since the first case of mad cow disease (bovine spongiform encephalopathy) was confirmed in Japan. The use of meat and bone meal, which is suspected to have transmitted the disease, has been banned, and testing for all cows has been introduced. But Japanese livestock farmers,...
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.
COMMENTARY / WASHINGTON UPDATE
Feb 10, 2002

Battle begins for security, 'other stuff'

WASHINGTON -- In his first formal State of the Union address, President George W. Bush portrayed the terrorism threat in stark detail, disclosing that American forces in Afghanistan have found diagrams of U.S. nuclear power plants and suggested that "tens of thousands of trained terrorists are still...
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.
BASEBALL / BASEBALL BULLET-IN
Feb 6, 2002

This could be Year of the Homer in PL

At first glance, you might think the new Japanese strike zone will benefit pitchers and be a hindrance to batters this coming season. The zone has been raised more than the diameter of one baseball, but I believe it will be the hitters -- not the hurlers -- who will get the most advantage out of the...
EDITORIALS
Feb 5, 2002

Mr. Bush's battles

American President George W. Bush's first State of the Union address, delivered last week, will be remembered for one striking phrase: his reference to Iraq, Iran and North Korea as "an axis of evil." It is a powerful notion and one that perhaps reveals more than was intended. Yet for all its simplicity,...
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 30, 2002

JAL, JAS give merger details

Japan Airlines Co. and Japan Air System Co. on Tuesday unveiled details of their upcoming merger, saying they plan to cut 73 billion yen in costs by fiscal 2005 by shedding 3,000 workers and sharing aircraft and facilities.
SOCCER / J. League / ON THE BALL
Jan 29, 2002

Bellmare looking at more than just soccer

J. League second division club Shonan Bellmare is making a unique challenge to transform itself into a multi-sports organization.
BUSINESS
Jan 25, 2002

Seibu may shut five bleeding stores

Seibu Department Stores Ltd. is considering closing down about five loss-making outlets in rural areas over the next three years, company sources said Thursday.
COMMENTARY / WASHINGTON UPDATE
Jan 24, 2002

A case for campaign finance reform

WASHINGTON -- Controversy is raging about the Enron collapse. Is it a political story? Is it a criminal story? Is it a business story? Is it a story about personalities? The Enron story is all three. The real question is which category is the most important. and that all depends on your perspective....
JAPAN
Jan 22, 2002

Coast guard vessels to mount 30mm machine guns

The Japan Coast Guard will install long-range machine guns on its larger patrol vessels in the wake of last month's shootout with an unidentified ship in the East China Sea, coast guard officials said Monday.
EDITORIALS
Jan 21, 2002

Activating the Kyoto treaty

The international agreement on climate change, better known as the Kyoto Protocol, is expected to take effect later this year, perhaps in September. But the United States, the largest emitter of greenhouse gases, is conspicuously absent from the ratification process. The U.S. boycott is certainly a serious...
COMMENTARY
Jan 21, 2002

Rule out leadership change

At the beginning of 2002, the political situation in Japan appears relatively stable. Compared with 2001, which witnessed a series of radical changes, the new year is likely to see Prime Minister Junichiro Koizumi pushing his reform plans ahead on the back of his huge popularity.
JAPAN
Jan 20, 2002

Kyoto pact bills head for the Diet

The government will submit three bills to the ordinary Diet session that convenes Monday to realize Japan's ratification of the Kyoto Protocol on curbing global warming, government sources said Saturday.
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.
BUSINESS
Jan 19, 2002

State expects flat growth in fiscal 2002: Shiokawa

Finance Minister Masajuro Shiokawa said Friday he expects flat economic growth in fiscal 2002, a slight improvement from the estimated 0.1 percent contraction for fiscal 2001.
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 18, 2002

Emissions-trading plan put on back burner

Staff writer Until recently, trading in carbon dioxide emissions seemed destined for early introduction in Japan. The launch of such a system, however, is being put off as the government postpones key policy decisions to curb global-warming emissions.
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.
JAPAN
Jan 16, 2002

Experts push government to protect intellectual property

A group of experts has called on the government to adopt a set of 100 drastic reform steps to protect intellectual property rights as part of efforts to make Japan a world leader in the knowledge-oriented economy by 2010.
JAPAN
Jan 13, 2002

Koizumi's trade plan hailed by Megawati

Compiled from wire reports JAKARTA -- Indonesian President Megawati Sukarnoputri on Saturday embraced Prime Minister Junichiro Koizumi's vision of cooperation linking Northeast and Southeast Asian countries.

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.