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BUSINESS
Aug 5, 2005

S&P mulls downgrades for Sony

Standard & Poor's said Thursday it has placed ratings for Sony Corp. and its affiliates on credit watch with negative implications.
BUSINESS
Aug 4, 2005

State extends liquor-shop protections

The Diet passed a bill Wednesday to extend restrictions on the opening of new shops selling alcohol in "highly competitive" areas for another year to protect small and midsize liquor stores.
BUSINESS
Aug 2, 2005

Net income up better than 10% for three megabanks

Three of the nation's top four banking groups said Monday they saw net income for the April-June quarter rise more than 10 percent on a year-on-year basis thanks to a fall in costs linked to bad-loan disposals.
COMMENTARY / World
Aug 1, 2005

Bound by a common cause

LONDON -- When Chinese President Hu Jintao was in Moscow in early July, he sought to strengthen the "strategic partnership" between China and Russia that his predecessor, Jiang Zemin, and Russian President Vladimir Putin signed in Moscow four years ago.
Japan Times
JAPAN
Jul 30, 2005

Kanebo trio arrested over window-dressing

Prosecutors arrested former Kanebo President Takashi Hoashi and two other former executives of the firm Friday on suspicion of submitting falsified financial statements to authorities.
Japan Times
BUSINESS
Jul 26, 2005

World plans buyout to ward off takeover

Major fashion apparel manufacturer World Co. said Monday it will proceed with a management buyout plan in a bid to turn itself into a privately owned company.
BUSINESS
Jul 26, 2005

Girding for competition, KDDI to absorb Tu-Ka units

KDDI Corp. said Monday it will absorb its Tu-Ka cellular phone subsidiaries on Oct. 1 as part of efforts to prepare itself for greater competition in the wireless telephone market.
BUSINESS
Jul 25, 2005

Preferred enters hotel fray in Japan

Despite the ongoing hotel war in Tokyo with many international hotels debuting, the chief of the Preferred Hotel Group in Chicago is optimistic about its expansion here.
BUSINESS
Jul 23, 2005

Tertiary index down 5% in May

Japan's service industry activity index fell a preliminary 5 percent in May from the previous month due to sluggish business in wholesale and retail sales, advertising, civil engineering and other sectors, the government said Friday.
EDITORIALS
Jul 22, 2005

Breakthrough in U.S.-India ties

Hyperbole is not unusual to describe meetings of heads of state. Yet the visit of Indian Prime Minister Manmohan Singh to the United States marks a genuine departure in relations between those two countries. The U.S. agreement to help India secure international assistance with its civilian nuclear-energy...
Japan Times
BUSINESS
Jul 22, 2005

Female tips solicited to simplify appliances

Electrical equipment manufacturers, including Sony Corp. and Mitsubishi Electric Corp., are exploiting the female perspective on the design of household electrical appliances by appointing women to relevant workshops.
Japan Times
BUSINESS
Jul 21, 2005

Meiji Yasuda's scandals likened to 'Pandora's box'

Two disclosures of payout misdeeds involving Meiji Yasuda Life Insurance Co. in the last six months are casting a dark shadow over an industry plagued with offensives from foreign-affiliated life insurers.
BUSINESS
Jul 21, 2005

TBS, Tsutaya video chain link up

Tokyo Broadcasting System Inc. and Culture Convenience Club Co., which operates Tsutaya, Japan's largest video rental shop chain, said Wednesday they will set up a DVD planning and sales company in early August.
BUSINESS
Jul 20, 2005

Shinsei Bank sues DIC for 13 billion yen

Shinsei Bank said Tuesday it filed a damages suit against Deposit Insurance Corp. of Japan seeking 13.4 billion yen for losses incurred as a result of a long-standing dispute with a bankrupt real estate developer.
JAPAN
Jul 20, 2005

MHI to get license to produce PAC-3 interceptor missiles

Japan and the United States agreed earlier this year that ground-based Patriot Advanced Capability 3 interceptor missiles will be produced under license in Japan as part of the missile defense system, Defense Agency chief Yoshinori Ono said Tuesday.
JAPAN
Jul 20, 2005

MHI to get license to produce PAC-3 interceptor missiles

Japan and the United States agreed earlier this year that ground-based Patriot Advanced Capability 3 interceptor missiles will be produced under license in Japan as part of the missile defense system, Defense Agency chief Yoshinori Ono said Tuesday.
BUSINESS
Jul 20, 2005

M&As latest theme in the game of Life

Toy maker Takara Co. plans to launch a board game in Japan based on mergers and acquisitions amid growing interest in corporate power struggles.
JAPAN
Jul 17, 2005

Kao buys Britain's Molton Brown

Kao Corp., a major manufacturer of cosmetics, cleaning and sanitary products, said Saturday it has acquired London-based luxury cosmetics maker Molton Brown Ltd. for about 34 billion yen.
JAPAN
Jul 16, 2005

Jumbo lotto hopefuls unfazed by heat

People across the country line up to purchase this year's Summer Jumbo lottery tickets that went on sale Friday.
BUSINESS
Jul 15, 2005

Sagawa acquires Mitsui's Thai unit

Sagawa Express Co. said Thursday it has obtained a Thai subsidiary of trading house Mitsui & Co. in a bid to bolster its business in Asian markets.
JAPAN
Jul 15, 2005

Japan could sell new missiles: Ono

Interceptor missiles that will be jointly developed by Japan and the United States could be offered to third countries, Defense Agency Director General Yoshinori Ono said Thursday.
BUSINESS
Jul 14, 2005

Tokyo condo market shrinks 5.3%

The number of condominiums put on the market in the Tokyo metropolitan area in the first half of 2005 fell 5.3 percent from the year before to 38,398 units, the Real Estate Economic Institute said Wednesday.
BUSINESS
Jul 14, 2005

Oil-price rises may hold recovery hostage: experts

Rising oil prices have yet to faze Japan. But with oil experts projecting further hikes to as much as $80 a barrel, the nation should brace itself for direct and indirect hits on its recovery in the not-so-distant future, economists say.
COMMENTARY / World
Jul 13, 2005

New Delhi gets serious about cigarettes

MADRAS, India -- A recent study in the United States revealed that films have a powerful effect on viewers' behavior. When actors smoke on screen, they serve as a link between big tobacco companies and impressionable young people.

Longform

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