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EDITORIALS
Aug 1, 2006

A generation removed from scandal

Thirty years have passed since former Prime Minister Kakuei Tanaka was arrested July 27, 1976, on suspicion of having received a bribe of 500 million yen that originated from Lockheed Corp., an American aircraft manufacturer. The Lockheed affair, in which 15 people were indicted, became the largest postwar...
JAPAN
Aug 1, 2006

14 nabbed in sales of obscene DVDs

The Metropolitan Police Department has arrested 14 people on suspicion of illegally possessing and selling a huge amount of obscene DVDs, police said Monday.
COMMENTARY / COUNTERPOINT
Jul 30, 2006

Time-capsule Tokyo along a street where I lived

In the early 1980s, my wife and I lived in a tiny flat in Soshigaya on the Odakyu Line in Tokyo's Setagaya Ward. The eldest three of our four children were born then, and I have only the fondest memories of pushing a pram up and down the kilometer-long shotengai (shopping street) between the station...
JAPAN
Jul 29, 2006

Tanigaki talks up sales tax doubling

The 5 percent consumption should be hiked to 10 percent "in two stages," with the first raise coming in April 2009, Finance Minister Sadakazu Tanigaki suggested Friday.
Japan Times
JAPAN / Politics
Jul 28, 2006

Tanigaki throws hat into ring

Finance Minister Sadakazu Tanigaki on Thursday became the first Liberal Democratic Party lawmaker to officially declare his candidacy for the Sept. 20 LDP presidential election, pledging that if he becomes the next prime minister, he will not visit Yasukuni Shrine.
BUSINESS
Jul 28, 2006

U.S. beef coming soon; consumers skeptical

Thursday's decision by the government to resume beef imports from the United States is drawing a mixed response from consumers.
BUSINESS
Jul 28, 2006

Toshiba to pay ¥87 million to settle suit

Electronics giant Toshiba Corp. agreed Thursday to pay 87 million yen to a former engineer to settle a lawsuit before the Tokyo District Court in which he sought some 1 billion yen from the royalties made from patents on his flash memory invention.
JAPAN
Jul 27, 2006

Horie never led to believe accounting was illicit: defense

Former Livedoor Co. President Takafumi Horie's lawyers conceded Wednesday the Internet firm may have been guilty of some accounting fraud but argued that Horie was not guilty on the grounds that he believed the firm's accounting practices were legal, sources said.
Japan Times
JAPAN / Politics
Jul 27, 2006

Bun maker unfazed by Fukuda exit

Former Chief Cabinet Secretary Yasuo Fukuda's exit from the race to succeed Junichiro Koizumi as Liberal Democratic Party president may have surprised the political arena, but it hasn't upended plans by a Tokyo souvenir maker to turn a profit on the upcoming election.
Japan Times
BUSINESS
Jul 27, 2006

Amazon Japan to launch online shopping mall

Major online book retailer Amazon Japan K.K. is approaching retailers in preparation for opening an online shopping mall, company officials said Wednesday.
BUSINESS
Jul 26, 2006

Aiful suspension takes toll on profit

Consumer loan firm Aiful Corp. reported a sharp year-on-year fall Tuesday in its group net profit for the April-June quarter, which was affected by a government order to suspend operations over coercive loan-collection practices.
JAPAN
Jul 25, 2006

Oji Paper's bid for Hokuetsu rejected for Mitsubishi tieup

Hokuetsu Paper Mills Ltd., Japan's sixth-largest paper firm, rejected a takeover bid Monday by Oji Paper Co., the country's No. 1 paper producer, sticking to its planned capital and business tieup with trading house Mitsubishi Corp.
BUSINESS
Jul 24, 2006

Oji Paper to launch hostile takeover bid for competitor

Oji Paper Co., the nation's leading paper producer, said Sunday it aims to make Hokuetsu Paper Mills Ltd. a wholly owned subsidiary through a takeover bid beginning in mid-August.
COMMENTARY
Jul 22, 2006

UNSC passes the test, so far

HONOLULU -- Hat's off to Pyongyang! It has helped to accomplish in 10 days what American officials had failed to accomplish in almost four years of diplomacy: a unanimous United Nations Security Council (UNSC) resolution that not only condemns its July 5 (Fourth of July in the United States) missile...
Japan Times
LIFE / WEEK 3
Jul 16, 2006

Dental 'charm school' puts bite on competition

The Omori Group is a booming dentistry franchise company that doubled its sales to 1.07 billion yen last year and now aims to double them again to 2 billion yen this year.
Japan Times
BUSINESS
Jul 13, 2006

Firm pioneers dealing with belongings of departed

With more than 4 million people over 65 living alone and many dying a solitary death, a niche business has emerged in dealing with the belongings of those who pass away.
JAPAN
Jul 12, 2006

Toyota execs suspected of negligence

Three Toyota officials are under criminal investigation on suspicion of professional negligence for allegedly not issuing vehicle recalls for eight years and not fixing a defect that might have caused an accident, police said Tuesday.
BUSINESS
Jul 11, 2006

Nissan's rating could suffer from GM deal: Fitch

Fitch Ratings said Monday the ratings of Nissan Motor Co. could be negatively influenced if the proposal to include General Motors Corp. in its alliance with Renault SA becomes a reality even if positive synergies from the association are taken into account.
BUSINESS
Jul 8, 2006

Spending cuts, deferring sales tax hike, get nod

The Cabinet on Friday approved an economic policy guideline for 2006 aimed at shoring up the government's woeful finances with spending cuts and tax revisions, but leaves the dreaded consumption levy hike for a later administration to deal with.
EDITORIALS
Jul 8, 2006

Payback time after merging

The drama triggered when the Murakami fund, managed by maverick investor Mr. Yoshiaki Murakami, purchased a large chunk of Hanshin Electric Railway Co. shares came to an end last week as shareholders of both Hanshin and Hankyu Holdings Inc. voted for a merger. It is the first merger of major railway...
Japan Times
BUSINESS
Jul 5, 2006

Big life insurers apologize to policyholders

Major life insurance companies, reeling from a series of misdeeds, held their annual meetings of policyholders' representatives Tuesday.
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
Jul 4, 2006

Travel firm rapped over foreigner ticket policy

The nation's largest discount travel agency, HIS, which also runs foreigner-friendly No.1 Travel, has based the price of some air tickets from Japan on the nationality of the traveler, possibly in breach of Japanese law, The Japan Times has learned.
BUSINESS
Jul 4, 2006

MHI seeks U.S. nod on new reactor

Mitsubishi Heavy Industries Ltd. said Monday it has begun procedures with the aim of winning Washington's design certification for its new advanced pressurized water reactor by the end of 2011 to market it in the United States.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?