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BUSINESS
May 16, 2012

Mixi founder seen set to unload stake

Domestic social network pioneer Mixi Inc. has stumbled and the once rising star has been eclipsed by its giant U.S. competitor Facebook and domestic social game operators.
BUSINESS
May 15, 2012

Tepco pays dearly for disastrous year

Tokyo Electric Power Co. said Monday it posted a ¥781.6 billion group net loss for fiscal 2011 after incurring massive costs from the meltdown disaster at the Fukushima No. 1 nuclear plant, compensation for the victims and fuel costs for reverting to thermal power.
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
May 15, 2012

Fujisawa: How has the Fukushima nuclear disaster changed your life?

BUSINESS
May 15, 2012

Utilities' bond risk climbing amid nuclear shutdowns

The bond risk of nuclear power companies had the largest weekly increase in seven months led by Kansai Electric Power Co., the utility likely to face the biggest electricity shortage this summer, after the country shut its last reactor.
Japan Times
JAPAN
May 13, 2012

Noda's vexing full plate: tax hike, Ozawa, Futenma, Senkakus

Prime Minister Yoshihiko Noda hopes to persuade Okinawans to accept the government's highly contentious plan to move the Futenma air base elsewhere in the prefecture once the burden of hosting U.S. forces there starts to ease.
Japan Times
JAPAN
May 12, 2012

Diet finally starts deliberations on tax hike bill

The Diet kicked off deliberations Friday on the contentious bill to double the 5 percent consumption tax by 2015, and Prime Minister Yoshihiko Noda is urging the opposition camp to help ensure its passage by the end of the Diet session in June.
EDITORIALS
May 10, 2012

Restructuring of Tepco

Trade and industry minister Yukio Edano Wednesday approved a 10-year comprehensive business plan which Tokyo Electric Power Co. and the government-backed Nuclear Damage Liability Facilitation Fund on April 27 submitted to the government for restructuring the power company in the wake of the nuclear crisis...
Japan Times
JAPAN
May 9, 2012

DPJ reinstates Noda tax foe Ozawa

The ruling Democratic Party of Japan reinstated the party membership of Ichiro Ozawa on Tuesday, a move that intensifies the power struggle over a proposed tax hike the DPJ heavyweight opposes and opens the door for him to run in the party presidential election in September, when Prime Minister Yoshihiko...
Japan Times
JAPAN
May 4, 2012

Tokyo to be treated to rare annular eclipse, Venus transit

If you're in the right place, a couple of rare astronomical events in the coming weeks — an annular eclipse and a transit of Venus — may make it worthwhile to buy a pair of eclipse glasses.
BUSINESS
May 3, 2012

Gree to buy Funzio for $210 million

Gree Inc., Japan's second-largest social-network game operator, agreed to buy Funzio Inc. for $210 million in cash in its biggest acquisition to add games for mobile phones, including "Crime City."
Japan Times
JAPAN
May 2, 2012

Okuda to lead JBIC in new direction

Upon assuming the presidency of Japan Bank for International Cooperation on April 1, Hiroshi Okuda told reporters that Japan today is lagging behind the rest of the world in both politics and economy by a wide margin.
EDITORIALS
May 1, 2012

Slow but steady economic recovery

Japan's economic prospects are not very bright due to the effects of the 3/11 earthquake and tsunami and the stronger yen. But it is not that the prospects are completely gloomy. The government's monthly assessment of the economy for April released in mid-April by the Cabinet Office shows continued modest...
JAPAN
Apr 28, 2012

Softbank shifts to paperless workplace, Apple tools

Internet giant Softbank Corp. will go paperless starting this month by banning employees from printing handouts or distributing paper press releases.
BUSINESS
Apr 28, 2012

Disappointing output data back BOJ action

Industrial production rose less than predicted in March, underscoring forecasts that economic growth will slow later this year and reinforcing the central bank's case for stepping up monetary stimulus.
BUSINESS
Apr 28, 2012

MUFJ to hire 3,000 overseas

Mitsubishi UFJ Financial Group Inc. plans to hire up to 3,000 new employees abroad over the next three years to expand its overseas banking operations.
BUSINESS
Apr 28, 2012

Asahi eyes key Calpis stake

Ajinomoto Co., the nation's largest food maker, may sell a stake in its Calpis Co. milk beverages unit to beermaker Asahi Group Holdings Ltd. as brewers grapple with a seven-year decline in consumption by volume.
Japan Times
LIFE / Food & Drink
Apr 27, 2012

What to eat when you can't stand the heat

As the weather gets warmer, foods that are served cold and require little to no cooking become more appealing. In Japan the choice of such dishes goes way beyond a plain green salad. One of these is sashimi, a food that defines Japanese cuisine. While it's eaten year round along with its first cousin...
BUSINESS
Apr 27, 2012

'Disaster' foreseen if BOJ declines to keep easing

Any failure by the Bank of Japan to expand its asset-purchase program at Friday's board meeting will sow confusion over its policy, a former policymaker said.

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat