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JAPAN
Feb 4, 2003

K-1 promoter arrested over taxes

A key promoter of the popular K-1 martial arts event was arrested Monday on suspicion of evading about 177 million yen in taxes, according to sources.
JAPAN
Feb 4, 2003

Condo owners win compensation

The Tokyo District Court on Monday ordered Urban Development Corp. to pay 67 million yen to a group of residents demanding compensation over the public entity's decision to lower the prices of condominiums after they had bought theirs.
COMMENTARY
Feb 3, 2003

Pendulum swings on China vs. Japan

DAVOS, Switzerland -- How wildly the pendulum swings whenever "the experts" start talking about Japan vs. China. One can do no wrong, and the other can do no right.
Japan Times
COMMUNITY
Feb 2, 2003

One-man media airs his views

It's 10 a.m. Sunday, and TBS TV's "Sunday Japon" show is getting under way. American entertainer Dave Spector, a regular panelist, shares the stage with a former porn actress, a Korean journalist and a member of the Diet. After an hour of exchanging ripostes with the others on major international and...
Japan Times
JAPAN / PREFECTURAL FARE
Feb 1, 2003

Hiroshima's long-neglected cuisine brought to the fore at Shinjuku store

Hiroshima Prefecture's natural beauty and abundance of marine life are almost always upstaged by the tragedy that befell its capital in 1945.
BUSINESS
Feb 1, 2003

Sogo announces plan to join Seibu under a holding firm

Sogo Co. President Shigeaki Wada announced Friday that the department store chain will merge its operations with those of Seibu Department Ltd., its bankruptcy-rehabilitation sponsor suddenly experiencing its own difficulties.
BUSINESS
Feb 1, 2003

Mizuho told to boost loans to small firms

The Financial Services Agency on Friday ordered Mizuho Holdings Inc., the world's largest banking group in terms of assets, to increase loans to smaller companies and submit guidelines for doing so by the end of this month.
BUSINESS
Jan 30, 2003

KDDI eyes mobile standardization

KDDI Corp. said Wednesday it will meet with China Unicom Ltd. and Korea Telecom Freetel Inc. of South Korea to discuss a uniform technological standard for cell phones and the mutual use of video games and other software.
BUSINESS
Jan 30, 2003

Ministry downgrades economic assessment

The Finance Ministry downgraded its economic assessment for the first time in a year, mainly due to slower production and decreasing housing construction, according to a quarterly report released Wednesday.
BUSINESS
Jan 30, 2003

Misawa to change group structure

Misawa Homes Co. said Wednesday it will reorganize its group structure under a new holding firm to be launched in August.
JAPAN
Jan 29, 2003

Justice council looks to smooth tenant evictions

A Justice Ministry panel on Tuesday introduced a draft plan to help evict tenants occupying properties up for sale with the intent of preventing them from being sold.
BUSINESS
Jan 29, 2003

Skymark aims to profit from shuffle

Skymark Airlines Co. said Tuesday that President Takashi Ide has been replaced by Masayuki Inoue, formerly of British Airways, as part of a shakeup at the executive level.
COMMENTARY / World
Jan 27, 2003

China leaves India in the dust

NEW DELHI -- While I was in India recently, the first phase of an underground railway was inaugurated in New Delhi. At about the same time, in Shanghai, the world's first magnetic levitation train was inaugurated between the airport and the city. This is a fitting metaphor for the two countries. China...
JAPAN
Jan 26, 2003

Honda Motor abolishes wages based on seniority

Honda Motor Co. has abolished its seniority-based wage system and introduced performance-based pay for the 40,000 rank-and-file employees at the parent firm and nine subsidiaries, company officials said Saturday.
BUSINESS
Jan 25, 2003

Confectioner Takarabune goes under

OSAKA -- Confectioner Takarabune Corp. said Friday it has filed for court-led rehabilitation under the fast-track Civil Corporate Revival Law, crippled by debts of 25.53 billion yen.
Japan Times
JAPAN
Jan 25, 2003

Alien tick plague threatening nation's beetle population

When Koichi Goka heard rumors about the mysterious deaths three years ago, he started snooping around. What he found has put government officials on alert against a new plague, one that causes the limbs of its victims to rot and fall off.
Japan Times
BUSINESS
Jan 25, 2003

Fujitsu, Intel in Linux server deal

Fujitsu Ltd. and Intel Corp. of the United States announced Friday they have agreed to jointly develop low-cost, high-performance Linux-based servers.
BUSINESS
Jan 24, 2003

Resona turns to Asian bank for help in recapitalization

OSAKA -- Resona Holdings Inc., the holding firm for Daiwa Bank and Asahi Bank, has asked the Hong Kong-based Bank of East Asia to help it recapitalize, company officials said Thursday.
BUSINESS
Jan 24, 2003

Inflation-targeting: facts behind the hyperbole

Academics, central bankers and politicians are divided over the issue currently occupying the center stage of public debate: a monetary policy tool known as inflation-targeting.
BUSINESS
Jan 24, 2003

MMC may expand production in North America

Mitsubishi Motors Corp. President Rolf Eckrodt said Thursday the carmaker is considering expanding its production capacity in North America and will come up with a plan in the next few weeks.
EDITORIALS
Jan 23, 2003

Forge national consensus on taxes

One year ago the government published a five-year budget projection showing how it expected to make ends meet in fiscal 2002-06. Now, the Council on Economic and Fiscal Policy, chaired by Prime Minister Junichiro Koizumi, has revised the plan -- downward. The basic picture is that the budget deficit...
LIFE / Digital / NAME OF THE GAME
Jan 23, 2003

Nintendo lights up Game Boy Advance

There is no mistaking it anymore, Nintendo does better in the United States than in Japan. Nintendo sold more than twice as many Nintendo 64 game console in the United States than in Japan.
BUSINESS
Jan 22, 2003

New deregulation zones to be made pressure-free

The government formally adopted on Tuesday a basic policy on the creation of special deregulation zones, looking to minimize interference from governmental offices.
Japan Times
BUSINESS
Jan 22, 2003

Mitsubishi Fuso plans to cut costs with alliance

Newly established Mitsubishi Fuso Truck & Bus Corp. hopes to cut costs through its tieup with DaimlerChrysler AG, the firm's president said Tuesday.
JAPAN
Jan 21, 2003

USJ to add weddings to its array of themes

OSAKA -- Universal Studios Japan, the troubled Hollywood theme park in Osaka, will be open to hosting weddings starting this spring, according to Shin Sasaki, president of USJ Co.

Longform

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