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BUSINESS
Feb 17, 2006

Corporate character goods harness power of 'cute'

A traditional seasoning flies off store shelves after the bottles begin sporting a cartoon panda. A droplet-shaped character turns a little-known manufacturer into a household name.
BUSINESS
Feb 16, 2006

Auto unions, except at MMC, seek wage hikes

Labor unions at automakers submitted their annual wage hike demands Wednesday, requesting pay-scale increases at Toyota Motor Corp. and Honda Motor Co. for the first time in four years.
BUSINESS
Feb 16, 2006

Nintendo introduces digital TV tuner for game console

Nintendo Co. unveiled a mobile digital TV tuner Wednesday for its popular portable game console Nintendo DS.
SOCCER
Feb 15, 2006

FIFA to allow Japanese team to play in Club World Cup

Soccer's world governing body FIFA will allow a host team to play at this year's Club World Cup in Japan, Japan Football Association chief Saburo Kawabuchi said on Tuesday.
BUSINESS
Feb 15, 2006

Nippon Steel ups stake in friendly ally

Nippon Steel Corp. will raise its equity stake in Sanyo Special Steel Co. to some 15 percent from the present 11.2 percent by the end of June as part of the two firms' business and capital alliance aimed at strengthening their competitiveness, the two steelmakers said Tuesday.
BUSINESS
Feb 15, 2006

Tokyo Shoko shows bankruptcies up in January; Teikoku reports a fall

The number of corporate bankruptcies rose 2.6 percent in January from the previous year to 1,049, Tokyo Shoko Research said Tuesday, while Teikoku Databank announced that 730 firms went bankrupt in the same month, down 3.7 percent from the month prior.
BUSINESS
Feb 14, 2006

Foreigners buy up record 14 trillion yen in stock

Net Japanese stock purchases by nonresident investors hit an all-time high of 13.96 trillion yen in 2005, the Finance Ministry said Monday, underscoring the key role nonresidents' active buying played in last year's stock market rally.
Japan Times
BUSINESS
Feb 14, 2006

Horie, three execs charged with violating securities law

Former Livedoor Co. President Takafumi Horie and three of his former executives were charged Monday with spreading false financial information about the takeover of a publisher in 2004, prosecution sources said.
JAPAN
Feb 11, 2006

English abusers finally get their day in the sun

"Please be careful to forget valuables" has received the Sign Language Award at the Amazing English Hunt 2005 awards, the English-Speaking Union of Japan, a nonprofit organization to promote international exchanges through English, and eigoTwown.com, which runs a Web site offering English education information,...
Japan Times
BUSINESS
Feb 11, 2006

Takara yanks Horie-inspired M&A game

Toy maker Takara Co. has suspended shipments of a board game with a mergers and acquisitions theme inspired by Livedoor Co. founder and entrepreneur Takafumi Horie.
EDITORIALS
Feb 10, 2006

The world according to the Pentagon

The U.S. Department of Defense has released its vision of the world, the Quadrennial Defense Review (QDR). The four-year review of U.S. military strategy provides the Pentagon's assessment of global trends and its responses to them. The QDR receives a lot of attention, but it is important to remember...
BUSINESS
Feb 10, 2006

Taisho mulls purchase of OTC unit

Taisho Pharmaceutical Co. is in talks with Astellas Pharma Inc. to buy its over-the-counter drug unit Zepharma Inc., sources said Thursday.
Japan Times
BUSINESS
Feb 10, 2006

2009 pivotal year for sales tax: Ishi

The issue of whether to raise the consumption tax will come to a head in fiscal 2009, although the margin and timing of any increase will be a political decision, the government's Tax Commission Chairman Hiromitsu Ishi said in a recent interview with Kyodo News.
Japan Times
BUSINESS
Feb 10, 2006

Premium beers carve market niche

Breweries have watched beer drinkers defect to cheaper brews in recent years, but now they are beginning to see a small but growing group of consumers willing to pay more for premium beers.
Japan Times
BUSINESS
Feb 8, 2006

Suntory revives nostalgic blend for retiring baby boomers

For businesses from banks to high-end stereo makers, the expected mass retirement of the baby boomer generation beginning next year represents the birth of a huge consumer base with relatively deep pockets and a lot of free time.
EDITORIALS
Feb 7, 2006

Enough of make-believe bidding

The arrests last week of senior officials of the Defense Facilities Administration Agency (DFAA) confirmed that bid-rigging on public-works projects remains an entrenched practice in Japan. What happens, basically, is that a contract is awarded at a price higher than if it were put out to bid through...
Japan Times
BUSINESS
Feb 7, 2006

CDs of juicy classical snippets a big hit

A CD series bringing together short, catchy parts of 100 pieces of classical music has recently become a surprise blockbuster at CD shops across the country.
BUSINESS
Feb 4, 2006

Hitachi operating profit rises 14%

Hitachi Ltd. said Friday its operating profit for the October to December quarter rose 14 percent to 39.14 billion yen, as strong plant and equipment, and social infrastructure investments by customers domestically and overseas boosted its industrial business.
Japan Times
BUSINESS
Feb 3, 2006

New games bring more people to video consoles

There may be no monsters to slay or racing cars to spin, but new video games that claim to stimulate the brain or translate languages are being snapped up by a new crowd of gamers.
JAPAN
Feb 2, 2006

Effort to help poor nations market goods here begins

The government's effort to help the world's poorest countries market their goods in Japan is gathering steam, with trade chief Toshihiro Nikai asking ambassadors and representatives from 27 nations earlier this week to provide "creative products that reflect local characteristics" and to suggest how...
BUSINESS
Feb 2, 2006

Yamato appeals Japan Post ruling

Yamato Transport Co. filed an appeal Wednesday with the Tokyo High Court against a lower court's dismissal of its request that Japan Post stop the parcel delivery service it's offering in a tieup with Lawson Inc.
BUSINESS
Jan 31, 2006

Aeon to launch friendly bid for Origin Toshu

Retail giant Aeon Co. announced Monday it will launch a friendly takeover bid for Origin Toshu Co., offering to serve as a white knight for the boxed-meal chain currently facing a hostile takeover by Don Quijote Co.
JAPAN
Jan 27, 2006

Livedoor's takeovers took investment union route

The Livedoor Co. group used investment unions in corporate takeovers done through stock swaps, having them transfer the stock-sale gains made in the deals to it in the form of dividends, and cleared the actions with a consultant and a lawyer beforehand, prosecution and other sources said Thursday.
Japan Times
BUSINESS
Jan 27, 2006

Individual investors frazzled in wake of 'Livedoor shock'

Yoshikazu Tsugiyama is devastated that his Livedoor shares have nosedived.
JAPAN
Jan 26, 2006

Livedoor allegedly made loss on purpose

Livedoor Co. intentionally carried out loss-making operations for two months after releasing its financial report in the business year ending in September 2004 to wipe out about 2.4 billion yen in fake profits on its books, sources alleged Wednesday.
Japan Times
CULTURE / Art / NEW ART SEEN
Jan 26, 2006

Tokyo Gallery: Liu Zheng shows 'Gaudy Art' embroidery

Several of my recent columns have dealt with new art spaces and centers in Tokyo. Today I want to wrap that up with a look at a gallery that has shunned the relocation trend by remaining in the city's original contemporary art district -- Ginza.
JAPAN
Jan 25, 2006

Fans liked how Horie lived on the edge

Monday's arrest of Takafumi Horie, the 33-year-old founder of Internet services firm Livedoor Co., left the public wondering how he rose to fame so fast and what his impact on society, especially the young generation, will be.

Longform

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