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BUSINESS
Dec 31, 2008

Sony reduces production cost of PS3 35%; may lead to price cut

Sony Corp. has reduced the cost of building the PlayStation video-game console by 35 percent, part of a push to make the division profitable and possibly paving the way for a price cut next year.
Japan Times
BUSINESS / TAKING A CHANCE
Dec 30, 2008

For hotelier, budget prices at resorts are an easy sell

Naoki Yamanaka, president of hotel operator Shiki Resorts Co., wants more Japanese to appreciate the seasonal changes that bless this country.
BUSINESS
Dec 30, 2008

Japanese economy to shrink 6.5%, Bank of America predicts

Japan's economy may shrink at an annual 6.5 percent pace this quarter, Bank of America Corp. said after reports last week showed industrial production and exports posted their biggest declines on record.
Japan Times
CULTURE / Music
Dec 26, 2008

Ne-Yo

The last quarter of 2008 started off well for American R&B crooner Ne-Yo — and it's only got better.
EDITORIALS
Dec 22, 2008

BOJ matches U.S. rate cut

The Bank of Japan's move and a government report last week point to the rapid deterioration of Japan's economy. The central bank cut the target rate for unsecured overnight call money from 0.3 percent to 0.1 percent. This followed a cut on Oct. 31 — which was the first in roughly 7 1/2 years — from...
BUSINESS
Dec 20, 2008

ANA locked into wrong-way fuel bet for 2009

All Nippon Airways Co. tried to protect itself as jet fuel surged to a record $181 in July. Instead, it locked in prices at almost twice the market rate.
Japan Times
CULTURE / Music
Dec 19, 2008

Your last-minute holiday gifts sorted

You can never give too many gifts over the holidays — especially the little ones. Here are some last-minute ideas for stocking-stuffers, courtesy of the regular music writers here at The Japan Times.
BUSINESS
Dec 19, 2008

Sumitomo to export Aussie wheat

Sumitomo Corp., Japan's third-largest trading company, plans to boost its wheat sales in Asia after winning an export permit from Australia, the world's sixth-biggest shipper of the grain.
BUSINESS
Dec 19, 2008

Goldman agrees to sell Sanyo stake

Goldman Sachs Group Inc. agreed to sell its stake in Sanyo Electric Co. to Panasonic Corp., ending weeks of resistance after accepting an increase of less than 1 percent, two sources said.
Japan Times
CULTURE / Music
Dec 18, 2008

Rocking around the Hanukkah menorah

What is the most popular Hanukkah song? It's probably "I Have a Little Dreidel," which even a lot of gentiles learn as children. It tends to be the token Jewish song sung in elementary schools during the holiday season, which, of course, is dominated by Christian themes.
Japan Times
BUSINESS
Dec 18, 2008

Daiwa House to sell at loss to cut property glut

Daiwa House Industry Co., Japan's biggest home builder, said it may sell some houses and apartments at a loss to lure buyers as the recession threatens to prolong the country's longest housing slump.
Japan Times
BUSINESS
Dec 17, 2008

Keep intervention option open: Gyohten

Monetary authorities in Japan and other nations should consider market intervention when the yen sharply rises against the dollar, according to Toyoo Gyohten, former vice finance minister for international affairs.
SUMO / SUMO SCRIBBLINGS
Dec 16, 2008

A look back at sumo in 2008, before heading heading into 2009

For many sumo fans looking back at 2008, it will be a year of scandal with yaocho (match-fixing) allegations involving Yokozuna Asashoryu, and also the unfinished case surrounding the death of a young rikishi in mid-2007, still making their way through the infamously slow court system.
Japan Times
LIFE / Travel / ON THE ROAD
Dec 14, 2008

Nostalgia drives Japanese classic car scene

In recent years, America has developed a fast-growing interest in Japanese cars from the 1960s and '70s. It used to be that only the most obsessive of auto aficionados were even aware such cars existed, but now they've begun to appear in an increasing number of books, TV shows and magazines. Car shows...
BUSINESS
Dec 13, 2008

Emissions goals to determine Panasonic managers' pay

Panasonic Corp. is getting so serious about being "green," managers will see pay slashed if plants don't meet the electronics giant's internal emissions targets, an executive said Thursday.
EDITORIALS
Dec 12, 2008

Sony cutting back

Sony Corp. has announced a major restructuring plan. It will be cutting about 16,000 jobs worldwide — 8,000 regular jobs and another 8,000 irregular jobs — by the end of fiscal 2009 (March 31, 2010). The 8,000 regular jobs account for about 5 percent of Sony's 160,000-strong worldwide workforce in...
Japan Times
LIFE / Travel / HOTELS & RESTAURANTS
Dec 12, 2008

Christmas with Gordon Ramsay

The Michelin-starred Gordon Ramsay at Conrad Tokyo restaurant, which commands one of the best views of the metropolis, is serving "A Taste of Christmas" menu through Dec. 18.
Japan Times
BUSINESS
Dec 11, 2008

1,000 jobs to go at Nikko Cordial

Citigroup Inc., the U.S. bank that is eliminating 52,000 jobs worldwide, will shed about 1,000 workers at its retail brokerage unit in Japan, two company officials said Wednesday.

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