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February 04, 2025
 

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BUSINESS
May 14, 2002

MMC returns to black after two years of losses

Mitsubishi Motors Corp. on Monday reported a return to the black for the first time in three years, posting 11.3 billion yen in consolidated net profits in the 2001 business year.
EDITORIALS
May 12, 2002

Harry Potter and the no-show sequel

Where is Harry Potter when we need him? For the second year in a row, the nonappearance of Book 5 of the small bespectacled one's magical doings is throwing readers of all ages into a spring tizzy.
COMMENTARY / World
May 3, 2002

U.S. homeland still insecure

Half a year after the creation of the Office of Homeland Security, how well is the Bush administration doing in its efforts to improve protection of the United States against terrorist attacks? No major attacks have occurred since Sept. 11, giving a first impression that the effort is going well. But...
Japan Times
JAPAN
May 1, 2002

Tracking systems try to tackle food safety

Shoppers are now being invited to check with their own eyes that what something is labeled is what they actually eat.
BUSINESS
Apr 25, 2002

Sharp, Sanyo to hike LCD panel production

OSAKA -- Sharp Corp. and Sanyo Electric Co. Ltd. said separately Wednesday they will boost production of liquid crystal displays to meet a fresh surge in demand.
COMMENTARY
Apr 23, 2002

A path through the smoke

Japan indisputably is the top smokers' paradise in the industrial world, as well as in East Asia, where China, South Korea, Hong Kong and Taiwan are tightening restrictions on smoking. In Japan, smoking is allowed in many government and company offices, restaurants and taxis. Some hospitals do not restrict...
BUSINESS
Apr 23, 2002

FSA panel eyes new property rules

An advisory panel to the Financial Services Agency has unveiled a set of draft rules for accounting that would oblige businesses to book latent losses on fixed property holdings, starting in fiscal 2005.
BUSINESS
Apr 22, 2002

Over 30% of firms to reduce recruitment due to IT slump

More than 30 percent of 150 major companies are planning to cut new recruitment next spring, mainly due to the slump in the information technology industry, a Kyodo News survey showed Sunday.
BUSINESS
Apr 20, 2002

Daiei suffers 332.5 billion yen loss

Ailing supermarket operator Daiei Inc. announced Friday a consolidated net loss of 332.51 billion yen for the business year that ended in February, blaming the losses on increased restructuring costs.
BUSINESS
Apr 12, 2002

Zoellick proposes WTO ministerial talks

U.S. Trade Representative Robert Zoellick told Foreign Minister Yoriko Kawaguchi on Thursday that a four-way ministerial meeting should be held next month in Paris under the World Trade Organization, according to a ministry official.
BUSINESS
Apr 11, 2002

LDP panel backs down from postal privatization plan

An LDP panel on postal deregulation agreed Wednesday to prioritize a bill that would authorize a public entity to take over government-run postal services and focus less on a bill to allow private firms to offer mail services.
Japan Times
BUSINESS
Apr 3, 2002

Tokyo Marine, Nichido Fire integrate into holding firm

Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co. integrated their operations Tuesday and established a holding company that will eventually cover the Millea Insurance Group, which comprises three nonlife and one life insurer.
BUSINESS
Apr 2, 2002

Daido Life becomes stock firm

Daido Life Insurance Co. converted itself from a mutual firm into a stock company Monday, becoming the first Japanese life insurer to go public.
BUSINESS
Mar 27, 2002

New postal players face flat-rate service

New players in Japan's postal services would be obliged to set flat rates nationwide for ordinary mail of up to 250 grams after partial liberalization in 2003 under government-drafted legislation, Liberal Democratic Party officials said Tuesday.
BUSINESS
Feb 21, 2002

Cooking oil producers set to merge

A joint holding company to be formed April 1 by Honen Corp. and Ajinomoto Oil Mills Co. will merge with another cooking oil producer, Yoshihara Oil Mill Ltd., to create the largest domestic entity in the field, according to the three firms.
JAPAN
Feb 16, 2002

How safe will bank accounts be after March 31?

On April 1, the full guarantee on bank deposits will expire, and you owe it to yourself to make sure your savings are not at risk. Here are some frequently asked questions about what happens if a bank fails after March 31:
COMMENTARY / WASHINGTON UPDATE
Feb 10, 2002

Battle begins for security, 'other stuff'

WASHINGTON -- In his first formal State of the Union address, President George W. Bush portrayed the terrorism threat in stark detail, disclosing that American forces in Afghanistan have found diagrams of U.S. nuclear power plants and suggested that "tens of thousands of trained terrorists are still...
EDITORIALS
Feb 7, 2002

An optimistic economic outlook

How will Japan's economy develop from fiscal 2002 through 2006? The official answer, in a nutshell, is that it will stage a slow but steady recovery led by private demand. Under the circumstances, that is probably the most the government can hope for. The big question is whether this scenario will come...
BUSINESS
Feb 1, 2002

Ministry panel to weigh creation of economic zones

The Ministry of Economy, Trade and Industry asked an advisory panel Thursday to look into the creation of more special economic zones in Japan in an attempt to reinvigorate the sluggish economy.
BUSINESS
Jan 24, 2002

Japan unlikely to increase ODA spending in fiscal '03

Japan is unlikely to increase its official development assistance in fiscal 2003 despite growing international calls for more funds, government officials said Wednesday.
BUSINESS
Jan 23, 2002

Tepco enters gas market in deal with Nippon Steel

Tokyo Electric Power Co. will sell 30,000 tons of natural gas to Nippon Steel Corp. on an annual basis beginning in 2003, marking Tepco's first move into the natural gas retail market, sources close to the deal said Tuesday.
BUSINESS
Jan 23, 2002

Toto, Matsushita detail China deal

Toto Ltd. and Matsushita Electric Works Ltd. said Tuesday they will mutually supply housing materials parts in China as part of their tieup in the housing materials business.
BUSINESS
Jan 19, 2002

State expects flat growth in fiscal 2002: Shiokawa

Finance Minister Masajuro Shiokawa said Friday he expects flat economic growth in fiscal 2002, a slight improvement from the estimated 0.1 percent contraction for fiscal 2001.
BUSINESS
Jan 17, 2002

MHI may close machine tool plant

Mitsubishi Heavy Industries Ltd. is considering closing its large-scale machine tool manufacturing plant in Hiroshima as early as 2003 due to slack demand, company officials said Wednesday.
JAPAN
Jan 14, 2002

Kawasaki to get east-west line -- but at what cost?

A 36-year-old plan to build a subway running east and west in Kawasaki finally appears to be moving forward, drawing praise from residents along the proposed route but criticism from opponents for imposing a huge drain on the city's finances.
BUSINESS
Jan 11, 2002

Matsushita Electric Industrial to streamline group firms

Matsushita Electric Industrial Co. formally announced Thursday that it will transform five group firms into wholly owned subsidiaries Oct. 1.
BUSINESS
Dec 26, 2001

Nine state lenders draw FSA inspections

The government decided Tuesday to allow the Financial Services Agency to conduct inspections of nine governmental financial institutions beginning in fiscal 2003, according to government officials.
Residents near Japan sinkhole urged to evacuate
Rescuers on Thursday continue to try and free a truck driver after his vehicle plunged into a sinkhole in Yashio, Saitama Prefecture, earlier in the week.
Crashed U.S. Army Black Hawk unit was responsible for doomsday readiness
A U.S. Coast Guard vessel attempts to retrieve the remains of a U.S. Army Black Hawk helicopter on Friday after it crashed into the Potomac River near Ronald Reagan Washington National Airport earlier in the week.
LDP conservatives frustrated by Ishiba's diplomacy with China
Prime Minister Shigeru Ishiba attends a Lower House plenary session last week.
Japan’s ‘children’s cafeterias’ are booming — but is that a good thing?
Eme-Ima Kitchen is one of over 10,000 kodomo shokudō in Japan. A term first used in 2012 to describe makeshift eateries offering free or cheap meals to disadvantaged kids, it now refers to a diverse range of individuals, groups and organizations working to provide not only food but a sense of belonging to both children and adults.
Fifth H-3 rocket with Michibiki No. 6 satellite successfully launched
An H-3 rocket, built by Mitsubishi Heavy Industries for the Japan Aerospace Exploration Agency, is launched from the Tanegashima Space Center in Kagoshima on Feb. 17, 2024.
Job-hopping Japanese workers push salaries higher
Japanese workers are increasingly job-hopping from one full-time position to another.
At the new Ginza Sony Park, listening is an art form
In addition to the commercial benefits from Ginza Sony Park's music-centered exhibition — such as promoting Sony's artists and products — there is a real effort to put music in focus.
Home away from home: My first time at a Tet festival in Japan
Billed as a “cultural bridge that connects Japan and Vietnam,” Tet Viet Saitama drew tens of thousands of attendees from across the Kanto region.
First official survey set to change backcountry Hokkaido skiing
The first official government survey of Hokkaido backcountry skiing could spell changes for trails in the northern prefecture.
Fuji TV’s go-big PR strategy wins grudging praise globally
Fuji TV executives take questions during a news conference on Monday in Tokyo in which some participants became unruly.

Podcast

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

Longform

Eme-Ima Kitchen is one of over 10,000 kodomo shokudō in Japan. A term first used in 2012 to describe makeshift eateries offering free or cheap meals to disadvantaged kids, it now refers to a diverse range of individuals, groups and organizations working to provide not only food but a sense of belonging to both children and adults.
Japan’s ‘children’s cafeterias’ are booming — but is that a good thing?
By Alex K.T. Martin

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