Search - 2005

 
 
JAPAN
Nov 26, 2003

Top banks project profits for full year

All but one of the nation's seven major banks are projecting that they will coast to full-year profits in March given stable stock prices and improved corporate sentiment.
COMMENTARY
Nov 24, 2003

Stub out the smoking habit

The Tokyo District Court has rejected a damage suit filed against Japan Tobacco Inc. and the national government by seven former smokers who said they developed cancer and other health troubles from long years of smoking. The suit, filed by victims of lung cancer, cancer of the larynx and emphysema,...
BUSINESS
Nov 22, 2003

UFJ Bank to buy Nippon Shinpan

UFJ Bank Ltd. said Friday that it will acquire consumer credit firm Nippon Shinpan Co. as part of an ongoing effort to expand its retail banking business.
JAPAN
Nov 21, 2003

Yamasaki plots political comeback

Taku Yamasaki, a former Liberal Democratic Party vice president who lost his Diet seat in the Nov. 9 general election, might run in next summer's House of Councilors race. Sources said Thursday that Yamasaki is considering running on the proportional representation part of the Upper House race.
JAPAN
Nov 21, 2003

Japan Highway to focus on profit

The newly appointed president of Japan Highway Public Corp. pledged Thursday to prioritize the quasigovernmental firm's profitability and the repayment of its huge debts ahead of its planned privatization in fiscal 2005.
Japan Times
BUSINESS
Nov 21, 2003

Tanigaki wants bond issues to stay below tax revenues

Finance Minister Sadakazu Tanigaki told a meeting of business leaders Thursday he wants to keep the issuance of fresh government bonds below the amount of tax revenues in the fiscal 2004 budget, a participant said.
BUSINESS
Nov 20, 2003

Snow Brand reports first-half net profit

Snow Brand Milk Products Co. on Wednesday reported a group net profit for the half year to Sept. 30, citing intense restructuring efforts.
BUSINESS
Nov 19, 2003

Panel to urge taxation on rich elderly

A key tax panel decided Tuesday to urge the government to toughen taxation on the well-to-do elderly and scale down the tax break for mortgages in its fiscal 2004 tax reforms.
BUSINESS
Nov 19, 2003

Yamanouchi, Fujisawa may forge tieup

Yamanouchi Pharmaceutical Co. and Fujisawa Pharmaceutical Co. may integrate their business operations by 2005, company sources said Tuesday.
BUSINESS
Nov 19, 2003

Casio, Hitachi to develop cell phones in joint venture

Casio Computer Co. and Hitachi Ltd. announced Tuesday they will set up a joint venture in April to develop cell phone handsets.
BUSINESS / JAPANESE PERSPECTIVES
Nov 17, 2003

A proper accounting due for IASB's ways

Established in 2001, the International Accounting Standards Board is a body that is trying to develop a single set of high-quality global accounting standards, the ultimate goal being to have the world's other existing standards converge with it.
BUSINESS
Nov 15, 2003

Resona forecasts huge full-year loss

Bailed-out banking group Resona Holdings Inc. said Friday it expects a group net loss of 1.71 trillion yen for the year to March 31, reversing its June estimate of a 63.5 billion yen profit.
JAPAN
Nov 15, 2003

House of Councilors member Kondo accepts offer to head Japan Highway

House of Councilors member Takeshi Kondo on Friday officially accepted Prime Minister Junichiro Koizumi's request to give up his Diet seat and take the helm of the debt-ridden Japan Highway Public Corp.
JAPAN
Nov 15, 2003

Nakasone still a believer in LDP, Japan

Although he is still smarting from his enforced retirement before last Sunday's election, former Prime Minister Yasuhiro Nakasone still backs the Liberal Democratic Party and the Junichiro Koizumi administration.
Japan Times
LIFE / Travel
Nov 14, 2003

Letting the plane take the strain

There can be fewer more ostentatious trappings of wealth than a private jet. However, the perception of such aircraft as mere playthings of the rich and famous has tended to detract from their more mundane role as effective, hassle-reducing business tools.
Japan Times
JAPAN
Nov 14, 2003

Koizumi makes choice on Japan Highway chief

The government decided informally Thursday to appoint a House of Councilors member and former businessman as president of Japan Highway Public Corp.
JAPAN
Nov 12, 2003

Cost of operating nuclear reprocessing plant seen at 19 trillion yen

Operating the spent nuclear fuel reprocessing plant under construction in Aomori Prefecture is projected to cost 18.91 trillion yen over a 40-year period, electric power industry officials said Tuesday.
Japan Times
JAPAN
Nov 12, 2003

Biomass plant to recycle zoo's animal waste now a dung deal

Tama Zoological Park in the western Tokyo suburb of Hino boasts 420 animals representing 59 species, including elephants, lions and giraffes, and cleaning up after them is a tall, costly order.
JAPAN / ELECTION 2003
Nov 11, 2003

SDP, JCP setbacks spell trouble for Constitution

The setbacks suffered by the Social Democratic Party and the Japanese Communist Party, which were both reduced to less than 10 seats in Sunday's House of Representatives election, mark a sharp decline in forces committed to opposing any change to the war-renouncing Constitution.
BUSINESS
Nov 11, 2003

Deflation still Koizumi's bane

With the ruling coalition having won Sunday's House of Representatives election, albeit with a smaller majority, Prime Minister Junichiro Koizumi is expected to stick with his structural reform agenda.
BUSINESS
Nov 8, 2003

Japan, U.S. eye investment boost via revised tax treaty

Japan and the United States signed a revised bilateral tax treaty Friday that will help boost cross-border investment by simplifying taxation for companies operating in both countries.
BUSINESS
Nov 7, 2003

Railways, banks tie up to install ATMs at stations

More and more banks are entering arrangements with railways to set up automated teller machines in stations.
Japan Times
JAPAN / ELECTION 2003
Nov 7, 2003

Illusory promise of freeways exacts a toll

There is no such thing as a freeway in Japan. For decades, it has been a given for drivers that if they use expressways they must pay the tolls, even though they've been promised that someday when the construction debts disappear so will the tollbooths.
JAPAN
Nov 5, 2003

Improve job situation for women, firms told

Japanese companies have been told to wake up and treat their female employees better.
Japan Times
JAPAN / ELECTION 2003
Nov 4, 2003

Party campaign strategies smack of desperation

With the coming election in mind, former House of Representatives member Kaoru Yosano last spring departed the Liberal Democratic Party faction led by Shizuka Kamei.
JAPAN
Nov 4, 2003

China loans face 20% cut as part of overall ODA reduction

The Finance Ministry will cut outlays for Japan's official development assistance in the fiscal 2004 budget for the fifth straight year, ministry sources said Monday.
BUSINESS
Oct 31, 2003

Misawa plans 100 billion yen share issue

Misawa Homes Holdings Inc. said Thursday it has asked UFJ Bank and other creditor banks to purchase 100 billion yen worth of new preferred shares it plans to issue by the end of the current fiscal year.

Longform

A man offers prayers at Hebikubo Shrine in Tokyo's Shinagawa Ward. The shrine is one of several across the country dedicated to the snake.
Shed your skin and reinvent yourself in the Year of the Snake