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BUSINESS
Apr 7, 2001

UFJ to detail extra measures for restructuring this month

UFJ Holdings Inc. is to announce further bold restructuring programs later this month, in addition to those unveiled in March.
BUSINESS
Apr 4, 2001

IHI, Kawasaki Heavy to merge shipbuilding operations

Ishikawajima-Harima Heavy Industries Co. and Kawasaki Heavy Industries Ltd. said Tuesday they will integrate their shipbuilding operations into an equally owned venture to be formed on Oct. 1, 2002.
JAPAN
Mar 31, 2001

24 trillion yen set aside for research from '01

The government said Friday it will invest 24 trillion yen in scientific and technological research from fiscal 2001 to fiscal 2005.
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.
JAPAN
Mar 27, 2001

War flick touting Japan's role in Indonesia's birth irks Jakarta

A new Japanese film depicting the role of Imperial Japanese Army soldiers in Indonesia's war for independence from the Netherlands highlights a stark difference in views between Indonesians and Japanese over the republic's 1945 birth.
BUSINESS
Mar 24, 2001

Asahi Bank faces 10 billion yen loss

Asahi Bank announced Friday that its efforts to write off 50 percent more of its nonperforming loans than initially targeted will result in a consolidated net loss of 10 billion yen for the business year ending March 31.
JAPAN
Mar 22, 2001

Elementary school kids test online educational, cultural waters

Pupils of Nankadai Higashi Elementary School near Osaka are learning firsthand the significance of communicating with their counterparts in other countries via the Internet.
BUSINESS
Mar 16, 2001

UFJ Group banks go into red

The three banks that will form the UFJ Group in April announced Thursday they will post pretax losses of 289 billion yen for fiscal 2000 due to writing off 1.13 trillion yen in nonperforming loans, around twice the amount they had earlier predicted.
JAPAN
Mar 16, 2001

Diesel woes spur truck firms to seek out alternative fuels

Delivery companies are starting to use trucks that run on compressed natural gas and liquefied petroleum gas in the face of stricter regulations on diesel-powered vehicles.
BUSINESS
Mar 13, 2001

Japan turns its attention to Brazil, MERCOSUR

After years of near neglect, Japan is now eager to cozy up to Brazil -- by far the largest Latin American economy.
JAPAN
Mar 11, 2001

National agency to sell space station images

Japan's space agency has announced it will sell the rights to use live broadcasts and video footage from the International Space Station.
BUSINESS
Mar 1, 2001

Nestle Japan, Seiyo Food plot Italian job

Seiyo Food Systems Inc. said Wednesday it has agreed with the Nestle Japan Group to jointly set up and operate a new chain of Italian restaurants.
LIFE / Travel
Feb 19, 2001

Coming soon: cheap space travel

If all goes well, American millionaire Dennis Tito will this year become the world's first space tourist, flying on the Soyez rocket to the International Space Station. The ticket price? A cool $20 million. But a new fueling system developed by Andrews Space & Technology of Segundo, Calif., could soon...
BUSINESS
Feb 15, 2001

Japan carmakers bite deeper into Europe

VALENCIENNES, France -- After securing a firm footing in the U.S., Toyota Motor Corp. is now gearing up its European operations in a bid to bite deeper into the world's second-largest market.
ENVIRONMENT
Feb 14, 2001

Sakhalin oil sparks hopes and fears

YUZHNO-SAKHALINSK, Russia -- Sakhalin Island is a remote former penal colony where the sea freezes for up to six months a year and villagers have been known to sleep in tents pitched in their bedrooms when the central heating fails.
BUSINESS
Feb 8, 2001

Government to rely on bonds for 41% of all revenue by 2004

Rising social security costs will force the government to issue bonds worth 41.1 percent of its total revenue in fiscal 2004, up from 38.5 percent in fiscal 2000, the Finance Ministry says in a simulation report released Wednesday.
JAPAN / STAGING A COMEBACK
Feb 7, 2001

LDP still kowtows to vested interests at the economy's expense

Pop into a convenience store and you may still find inconvenience: They don't sell medicine and you may not find cigarettes or alcohol at some shops.
BUSINESS
Feb 1, 2001

New French plant aims to build up Toyota's Europe presence

VALENCIENNES, France -- Toyota Motor Corp., Japan's largest automaker, started manufacturing the Yaris compact model at its first plant in France here on Wednesday, part of the company's efforts to increase its presence in Europe.
BUSINESS
Feb 1, 2001

New French plant aims to build up Toyota's Europe presence

VALENCIENNES, France -- Toyota Motor Corp., Japan's largest automaker, started manufacturing the Yaris compact model at its first plant in France here on Wednesday, part of the company's efforts to increase its presence in Europe.
JAPAN
Feb 1, 2001

Mori apologizes for ministry scandal

Prime Minister Yoshiro Mori opened this year's regular Diet session Wednesday by apologizing for recent scandals that have rocked his administration.
JAPAN
Feb 1, 2001

Mori apologizes for ministry scandal

Prime Minister Yoshiro Mori opened this year's regular Diet session Wednesday by apologizing for recent scandals that have rocked his administration.
LIFE / Digital / CYBERIA
Jan 31, 2001

Castles in the sky

Here's a folk tale for the digital era.
BUSINESS
Jan 27, 2001

Auto output topped 10 million in 2000

Domestic production of motor vehicles in 2000 topped 10 million for the first time in two years, thanks to a pickup in domestic demand and strong exports to North America and Southeast Asia, an industry association said Friday.
BUSINESS
Jan 26, 2001

Tokyo Sowa buyer to restore bank's niche role

Officials of Tokyo Sowa Bank's new owner-to-be said Thursday they intend to rebuild the failed regional bank's "niche retail" functions by targeting small firms and individuals left behind in the era of megabank mergers.
JAPAN
Jan 18, 2001

Kobe remembers '95 quake, but focus shifts to moving on

KOBE -- This city marked the sixth anniversary of the earthquake that resulted in the loss of 6,432 lives with prayers and remembrance services Wednesday, but also with a sense that the temblor is fading into history and that the recovery is almost complete.
BUSINESS
Jan 13, 2001

DoCoMo share issue set to raise 900 billion yen

NTT DoCoMo Inc., Japan's largest mobile phone operator, said Friday that a planned issue of 460,000 new shares will earn the firm an estimated 900 billion yen.
BUSINESS
Jan 13, 2001

Sharp eyes mass production of LCD

Sharp Corp. plans to start mass producing an advanced liquid crystal display in Japan in late 2002 as part of efforts "to meet the needs of the digital age," President Katsuhiko Machida said in Tokyo on Friday.
BUSINESS
Jan 12, 2001

Three insurers to merge in '04 deny units will tie up sooner

The presidents of Tokio Marine & Fire Insurance Co., Asahi Mutual Life Insurance Co. and Nichido Fire & Marine Insurance Co. -- scheduled to consolidate under a holding company in 2004 -- on Thursday denied the possibility of an immediate merger of the companies' subsidiaries.
BUSINESS
Jan 11, 2001

NEC plans to spin off specialized chip unit

NEC Corp. plans to spin off its semiconductor business for high-speed communications networks, as demand is expected to grow in coming years, the company said Wednesday.

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan