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November 24, 2024
 

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BUSINESS
Feb 8, 2002

Mitsubishi saw profit dive 45% in third quarter

Mitsubishi Corp. said Thursday its group net profit in the October-December period plunged 45.3 percent from a year earlier to 10.43 billion yen on operating revenue of 3.37 trillion yen, down 4.5 percent.
BUSINESS
Feb 8, 2002

U.S. unit of Softbank in equities deal

Softbank Corp. said Thursday its U.S. subsidiary has decided to sell part of its 42 percent equity stake in UT Starcom Inc., one of its U.S. affiliates, to help cut Softbank's interest-bearing group debts.
BUSINESS
Feb 7, 2002

Nidec to set up subsidiary in China

Precision motor manufacturer Nidec Corp. said Wednesday it will set up a wholly owned subsidiary in China to make and sell spindle motors for hard disk drives.
COMMENTARY / World
Feb 7, 2002

Table topics for Bush, Jiang

HONOLULU -- U.S. President George W. Bush's decision to include China as part of a three-nation Northeast Asia tour later this month underscores his personal commitment to start building a more "constructive, cooperative" relationship with Beijing.
LIFE / Digital / NAME OF THE GAME
Feb 7, 2002

Monkeys rate second look

Not many people jumped at "Super Monkey Ball" when it hit the market.
BUSINESS
Feb 6, 2002

Moody's places ratings of insurers under review

Moody's Investors Service Inc. said Tuesday it has put the financial strength ratings of seven Japanese life insurers under review for possible downgrade, citing the weak economy and high incidences of policy surrenders.
COMMUNITY
Feb 3, 2002

Whatever gets you through the night

Although aficionados tend to wax lyrical over the taste of their favorite tipples, shochu (a vodka-like spirit distilled from various grains) is always drunk swamped in a variety of mixes.
Japan Times
COMMUNITY
Feb 2, 2002

How Lon Chaney led to lifetime of Japanese film

I'm rarely nervous these days. But the prospect of sitting down with author, academic, film scholar and art critic Donald Richie has me ever so slightly on edge. Movies like Akira Kurosawa's "Rashomon," seen as a student in England, were profound in effect. Forty years on and here I am with the man reputed...
JAPAN
Feb 2, 2002

Snow Brand exec faces fraud charge

The agriculture ministry on Friday filed a criminal complaint against a Snow Brand Food Co. official who allegedly orchestrated the falsification of labels on beef products to obtain government subsidies for mad cow disease.
EDITORIALS
Feb 1, 2002

Mr. Greenspan's cautious confidence

With trillions of dollars riding on his every utterance, U.S. Federal Reserve Chairman Alan Greenspan picks his words with extreme care. He once cautioned listeners that if he made himself clear, then he had been misunderstood. But there was no mistaking the tone of Mr. Greenspan's comments last week...
BUSINESS
Feb 1, 2002

Nippon Shinpan's board OKs asset sales

Nippon Shinpan Co. said Thursday its board has approved a basic agreement with a Japanese investment fund over the sale of a majority equity stake in Kokunai Shinpan Co., one of its consumer credit arms.
JAPAN
Feb 1, 2002

Analysts consider possibility of large-scale crash

Takeshi Kimura, president of consulting firm KPMG Financial Co., says he periodically receives calls from overseas investors who ask one chilling question.
BUSINESS
Jan 31, 2002

Slump shows no indication of letting up

Decelerating business activity and deteriorating employment conditions show no signs of abating, the Finance Ministry said in a report Wednesday.
JAPAN
Jan 30, 2002

Snow Brand admits units in Kanto also in on scams

Snow Brand Food Co. acknowledged Tuesday that two of its Kanto-based meat units also misstated imported beef as domestic meat in early November in an attempt to reduce inventories and win government subsidies related to the outbreak of mad cow disease in mid-September.
BUSINESS
Jan 30, 2002

Nissho Iwai to eliminate 5,000 jobs in restructuring

Major trading house Nissho Iwai Corp. on Tuesday announced a three-year restructuring plan featuring a cut of 5,000 jobs from its current consolidated workforce of 19,000.
BUSINESS
Jan 30, 2002

Daiei to sell position in Maruko

Struggling retailer Daiei Inc. said Tuesday it will sell all its shares in its wholly owned real estate subsidiary Maruko Inc. for 15.1 billion yen as part of its rehabilitation plan.
JAPAN
Jan 29, 2002

Snow Brand Food admits additional labeling fraud

Snow Brand Food Co., already hit by a scandal relating to mad cow disease and falsely labeled meat, on Monday admitted that two Snow Brand employees intentionally mislabeled beef originating from Hokkaido to pass it off as being from Kumamoto Prefecture.
BUSINESS / TAKING STOCK
Jan 29, 2002

Bourse in wait-and-see mode

While the Tokyo stock market awaits signs of the government's resolve to fix the nation's financial woes, macroeconomic environments surrounding the market are gradually showing improvement.
BUSINESS
Jan 28, 2002

Dollar well on course to sail through 135 yen level this week

The U.S. dollar will likely stay firm against the yen this week, given the weak state of Japan's economy and the market consensus that the yen will be kept under pressure until the nation's economy shows signs of recovery.
JAPAN
Jan 28, 2002

Mail order firm suspected of failing to repay members

Members of a Tokyo-based mail order firm have accused it of failing to refund their investments, industry sources said Sunday.
LIFE / Food & Drink / VINELAND
Jan 27, 2002

A note-perfect finish that's worth the wait

At one time, port and dessert wines were the essential end to a truly fine meal. The indulgence was justified by the thought that savoring a digestif restored peace to the stomach after a sumptuous dinner. It was a pleasure with medicinal value. Lean back in your chair, stretch out your legs and swirl...
COMMUNITY
Jan 27, 2002

Slimming products make weighty claims

Some people -- generally women -- will do anything to lose weight. Slimming products range from the bizarre to the outright absurd -- from balloons that claim to raise your body temperature and burn calories when you inflate them, to rubber suction cups that promise to shrink that double chin or expunge...
COMMENTARY / World
Jan 27, 2002

Outsiders didn't dig the Argentine hole

WASHINGTON -- It is always politically incorrect to blame the victim. But Argentina is an exception. Argentines have no one to blame but themselves for their current economic mess. They have long lived beyond their means. And now the piper must be paid.
JAPAN
Jan 26, 2002

Seven former executives arrested over Kansai Kogin loan scandal

OSAKA -- Police on Friday arrested seven executives of a failed local credit union chiefly serving the South Korean community, in connection with loans that the suspects allegedly knew would not be repaid.
JAPAN
Jan 26, 2002

Snow to halt beef sales

Snow Brand Food Co., which has admitted to relabeling imported beef to get domestic subsidies, said Friday it will suspend beef-related operations, while its president indicated he may resign to take responsibility for the company's crooked behavior.
COMMENTARY
Jan 26, 2002

Bush gets it right in East Asia

HONOLULU -- As we mark the Bush administration's first anniversary, U.S.-East Asia relations, after an early rough start, appear on an upswing. The one exception is on the Korean Peninsula, where Pyongyang's refusal to take "yes" for an answer has resulted in a decline in U.S.-North Korean relations...
BUSINESS
Jan 25, 2002

Mitsukoshi to get new president

Japan's leading department store chain, Mitsukoshi Ltd., plans to name senior executive director Taneo Nakamura as company president, company sources said.
COMMENTARY / WASHINGTON UPDATE
Jan 24, 2002

A case for campaign finance reform

WASHINGTON -- Controversy is raging about the Enron collapse. Is it a political story? Is it a criminal story? Is it a business story? Is it a story about personalities? The Enron story is all three. The real question is which category is the most important. and that all depends on your perspective....
LIFE / Digital / NAME OF THE GAME
Jan 24, 2002

E.T. has left the building

The year was 1982. Steven Spielberg shattered all box-office records that summer with a movie called "E.T.: The Extra-Terrestrial" about an ugly but good-natured space alien named E.T. who gets stranded on Earth.
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.
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.
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.
MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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