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November 24, 2024
 

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Japan Times
BUSINESS / FRONT-RUNNERS
May 27, 2003

Toilet manufacturer plucks success from depths of despair

Failure is but a stepping stone to success. The proverb rang dramatically true in the process of developing a new product at Toto Ltd., the major toilet manufacturer based in Fukuoka Prefecture.
Japan Times
BUSINESS
May 27, 2003

Banks remain in the red for second straight year

Japan's seven major banking groups stayed mired squarely in the red for the second year in a row, spending more than 5 trillion yen to dispose of bad loans and shouldering over 3 trillion yen in stock-related losses for the 12 months ended March, business results confirmed Monday.
CULTURE / Books / THE ASIAN BOOKSHELF
May 25, 2003

Anthropology through the lens

GUNMA: Life and People. by Greg Davis. Tokyo: IPJ, 2002, 107 pp., 5,000 yen (cloth). Greg Davis had lived in Japan since 1970, working as a photojournalist throughout Asia. His sudden death on May 4 of liver cancer at the age of 54 is a major loss to his profession and those whose lives he touched all...
COMMENTARY / World
May 25, 2003

Marooned Argentines trust in Kirchner

NEW YORK -- The election of Nestor Kirchner as Argentina's new president offers hope for a national economic and social recovery following decades of government mismanagement. Kirchner will need to back his intentions with prompt implementation of effective policies to convince Argentines that he will...
BUSINESS
May 24, 2003

Tertiary activity index posts first decline in four years

The index of tertiary industry activity in Japan fell 0.4 percent in fiscal 2002 from the previous year, due to sluggish business in the financial and insurance sectors and the transport and communication sectors.
BUSINESS
May 24, 2003

Isuzu eyes fiscal 2003 turnaround

Isuzu Motors Ltd. expects to return to the black in the year to March 2004 with a group net profit of 35 billion yen, company officials said Friday.
BUSINESS
May 23, 2003

Matsumotokiyoshi logs record profit

Boosted by a surge in sales of more profitable cosmetic items, the Matsumotokiyoshi Co., Japan's largest drugstore chain, reported a record group net profit of 7.05 billion yen for fiscal 2002.
BUSINESS
May 22, 2003

Arcades boost Namco's profits

Game maker Namco Ltd. said Wednesday that its group net profit more than doubled in fiscal 2002, thanks to the strong performance of its domestic amusement arcades.
BUSINESS
May 22, 2003

World Cup lifts Sky Perfect revenue

Sky Perfect Communications Inc. said Wednesday its consolidated revenue soared 18.4 percent to a record 70.37 billion yen in fiscal 2002.
BUSINESS
May 21, 2003

Rising fuel costs bludgeon Tepco profits

Tokyo Electric Power Co.'s group net profit dropped 18.1 percent to 165.27 billion yen in fiscal 2002, with the increasing cost of fuel used to fire up thermal power generators weighing heavily on its earnings, the utility said Tuesday.
COMMENTARY / THE VIEW FROM MOSCOW
May 20, 2003

Iraqi revival will cost Russia

MOSCOW -- It is a commonplace to say the war in Iraq was not only about former Iraqi leader Saddam Hussein but also about oil. No matter how dangerous Hussein's regime was and how badly the White House needed an impressive victory for the 2004 elections, oil -- as today's key commodity -- was very much...
EDITORIALS
May 20, 2003

On the brink of another recession

Japan's economy appears on the brink of yet another recession -- the fourth in a decade. The nation's gross domestic product -- the total value of goods and services produced at home -- remained flat in real terms, not including price effects, in the first three months of the year, according to data...
BUSINESS
May 17, 2003

Fuji Heavy's profit tumbles 23.7%

Fuji Heavy Industries Ltd., maker of Subaru vehicles, reported Friday a consolidated operating profit of 67.52 billion yen for the year through March 31, down 23.7 percent from fiscal 2001.
BUSINESS
May 16, 2003

Mitsubishi Materials cuts net loss

Major nonferrous metal smelter Mitsubishi Materials Corp. said Thursday it slashed its group net loss to 26.85 billion yen in fiscal 2002 from the previous year's 61.32 billion yen on the strength of cost cuts and fewer special losses.
BUSINESS
May 16, 2003

Isuzu expects loss to more than triple

Isuzu Motors Ltd. said Thursday its estimated group net loss more than tripled in fiscal 2002 from a year earlier to 144.3 billion yen due to restructuring costs. The truck maker posted a 42.99 billion yen loss the previous year.
BUSINESS
May 15, 2003

Takara learns how to spin big profits

Takara Co. on Wednesday reported better-than-expected results for fiscal 2002, thanks to strong overseas sales of its modern-day gizmos, like turbocharged tops.
BUSINESS
May 13, 2003

Olympus posts record earnings

Olympus Optical Co. reported Monday record-high sales and profits on a consolidated basis for fiscal 2002, driven by its popular digital cameras and steady growth in medical equipment sales.
BUSINESS
May 13, 2003

Nippon Keidanren to back political donations

The Japan Business Federation (Nippon Keidanren) said Monday it will resume coordinating political donations from member companies and associations beginning next year.
BUSINESS
May 13, 2003

Mobile-phone output logs increase

Domestic shipments of mobile phones, including car phones, surged 58.4 percent in March from a year earlier to 4.96 million, logging their fifth straight monthly increase, an industry association said Monday.
BUSINESS
May 10, 2003

Softbank posts second net loss

Softbank Corp. said Friday its group net loss worsened in the year through March 31 due to hefty outlays to attract new subscribers to its broadband Internet service.
BUSINESS
May 10, 2003

Nippon Life hit for ads that misled

The Fair Trade Commission on Friday directed Nippon Life Insurance Co. to inform policyholders that it may have misled them through its sales practices for cancer insurance policies.
Japan Times
BUSINESS
May 9, 2003

Camera-phones help DoCoMo to post solid profit

NTT DoCoMo Inc., the nation's top mobile phone firm, said Thursday it posted a group net profit of 212.49 billion yen for the year through March, thanks to strong growth stimulated by camera-equipped handsets.
Japan Times
BUSINESS / FRONT-RUNNERS
May 7, 2003

Shimadzu enjoys fruits of research and development program

If he had been a researcher at a major Japanese university, Koichi Tanaka could not have won the 2002 Nobel Prize in chemistry.
Japan Times
CULTURE / Music
May 7, 2003

Tsugaru soul man

"Artistic skill that cannot be appreciated by young people is bound to fade away."
CULTURE / Books / THE ASIAN BOOKSHELF
May 4, 2003

Still howling with emotion

HOWLING AT THE MOON: Poems and Prose of Hagiwara Sakutaro, translation and introduction by Hiroaki Sato. Kobenhavn & Los Angeles, Green Integer, 2002, 316 pp., $11.95, (paper) Hagiwara Sakutaro is one of Japan's most important, and most cherished poets. His first volume of poetry, "Howling at the Moon"...
Japan Times
BUSINESS
May 3, 2003

Minivehicle, truck makers hope to cash in on hybrid market

With the success of the Toyota Prius, a gasoline-electric hybrid compact that debuted in 1997, such models have become a major focus of an automotive industry eager to clear tougher environmental regulations and improve its image.
BUSINESS
May 1, 2003

Nomura Holdings posts 120 billion yen net profit

Nomura Holdings Inc. said Wednesday it posted a consolidated net profit of 119.91 billion yen in fiscal 2002, down 28.6 percent from the year before.
BUSINESS
May 1, 2003

ANA fails to right '01's financial wrongs

All Nippon Airways Co. said Wednesday it failed in the year to March to rebound from the losses it suffered the year before, blaming its sluggish performance on weak consumer spending and stiff competition on prices.
BUSINESS
Apr 29, 2003

Matsushita logs net loss despite sharp sales rise

Matsushita Electric Industrial Co. said Monday it posted a group net loss of 19.45 billion yen for fiscal 2002, the second straight year its ink has run red.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

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