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BUSINESS
Sep 22, 2001

End withholding tax, Shiokawa urges

Finance Minister Masajuro Shiokawa urged the ruling coalition parties Friday to quickly abolish the withholding tax on stock capital gains.
BUSINESS
Sep 22, 2001

Mycal expects sponsor

Kozo Yamashita, president of the failed supermarket chain Mycal Corp., said Friday he expects a sponsor for the company's rehabilitation to take over its 100 profitable outlets.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Sep 22, 2001

Minako Suzuki

When she was a little girl, Minako Suzuki used to like "dreaming of being someone else." Many little girls play similar pretend games. In Minako's case, her pretending led her professionally and as a volunteer to the world of entertainment.
BUSINESS
Sep 21, 2001

Vodafone unit to launch Japan Telecom takeover

British cellular operator Vodafone Group PLC will today launch an agreed takeover bid over Japan Telecom Co. through a wholly owned subsidiary and take full control of the nation's third-largest operator with up to a 66.7 percent stake, Vodafone announced Thursday in Tokyo.
BUSINESS
Sep 20, 2001

LDP panel sets schedule on tax reform

Senior officials on the ruling Liberal Democratic Party's tax panel agreed Wednesday to compile a proposal for securities tax reforms by early October.
BUSINESS
Sep 20, 2001

Mitsubishi Electric to ax jobs in wake of global IT slump

In a bid to cope with the slumping demand for information technology products, Mitsubishi Electric Corp. on Wednesday announced a midterm business plan that calls for cutting 2,000 jobs by the end of March 2003 and considering the possibility of a tieup in the cell phone business.
BUSINESS
Sep 19, 2001

Panel pushes early abolition of capital gains tax option

The Tax Commission on Tuesday drafted a basic position paper on securities tax reform, including a plan to abolish the withholding tax option on capital gains.
BUSINESS
Sep 19, 2001

Arabian Oil given ray of hope

Tokyo-based Arabian Oil Co. has agreed with the Kuwaiti government to the principles of operation regarding its continued drilling in the Kuwait-controlled portion of the Khafji oil field, the Ministry of Economy, Trade and Industry said Tuesday.
BUSINESS
Sep 18, 2001

Nikkei down on European tumble

Tokyo stocks plummeted Monday morning, with the key Nikkei average dipping below 9,500 at one point, as the tumble in European stocks Friday made investors nervous ahead of the restart of U.S. trading.
JAPAN
Sep 17, 2001

High school students begin job hunt

The official job-hunting season for high school students kicked off Sunday as manufacturers and supermarket operators prepared to offer their fewest jobs ever.
BUSINESS
Sep 17, 2001

Mizuho changes profit forecast into 260 billion yen loss on Mycal

Mizuho Holdings Inc., the largest banking group in Japan, has announced that it will plunge deeply into the red in the first half of fiscal 2001 on losses incurred by the collapse of Mycal Corp. and losses at one of its subsidiaries.
COMMUNITY
Sep 16, 2001

Can blood type determine character?

If you're a recent arrival to Japan, don't worry if a new friend asks "What's your blood type?" Your inquisitor is unlikely to be a vampire. Here, blood type is believed to tell a lot about a person in just a letter or two: A, B, O or AB.
BUSINESS
Sep 15, 2001

Bankruptcies decline for second month in a row

The number of corporate bankruptcies fell 5.4 percent in August from a year earlier to 1,612, private research institute Teikoku Databank Ltd. said Friday.
BUSINESS
Sep 14, 2001

Minolta to make parts in Shanghai

Camera maker Minolta Co. said Thursday it has established a joint venture with a local company in Shanghai to manufacture and sell optical components such as lenses and viewfinders for compact cameras.
BUSINESS
Sep 13, 2001

Brewers' shipments up 3.7 percent

Combined shipments of beer and "happoshu," a low-malt liquor, rose 3.7 percent in August compared to a year earlier to 654,050 kiloliters, according to data released Wednesday by the nation's five major brewers.
BUSINESS
Sep 12, 2001

January eyed for stock tax reform

Finance Minister Masajuro Shiokawa said Tuesday he hopes to implement securities tax reforms in January after discussing them during the extraordinary Diet session to be convened this month.
BUSINESS
Sep 11, 2001

REITs make their debut on TSE

Funds modeled on U.S. real estate investment trusts debuted Monday on the Tokyo Stock Exchange with high hopes in the securities industry that they will lure individual investors amid ultralow interest rates and a slump in stock prices.
COMMUNITY
Sep 9, 2001

To hide or not to hide - the balding man's dilemma

For most men, the mere mention of going bald provokes a quickened pulse-rate and the onset of hyperventilation. To say the thought of hair loss scares most males is to dramatically understate the case.
Japan Times
COMMUNITY / Our Lives
Sep 9, 2001

Katsuya Takasu, holding back the years

Katsuya Takasu regards his body as a vehicle to carry his mind. So what he had done to his face two years ago was, as he puts it, "just like fixing an old jalopy."
JAPAN
Sep 7, 2001

Foreign Ministry official arrested in latest scandal

Police arrested a Foreign Ministry official and two employees of the Hotel New Otani on Thursday on suspicion of defrauding the government of some 400 million yen by padding hotel bills for international meetings.
JAPAN
Sep 7, 2001

Government close to using the 'R' word

The government came close Thursday to admitting the economy is in recession, as its key economic gauge remained below the boom-or-bust line of 50 percent for the seventh straight month in July.
BUSINESS
Sep 7, 2001

Gartner reports steady server sales

Gartner Japan Ltd. said Friday that domestic demand for servers during the first half of this year remained steady despite a slump in the global information technology market.
JAPAN
Sep 6, 2001

Another official caught with hand in jar

A Foreign Ministry official has admitted padding state-paid hotel bills during Asia-Pacific Economic Cooperation meetings in Japan in 1995, police sources said Wednesday.
SOCCER / World cup
Sep 5, 2001

Luxury ticket packages set to go on sale

Luxury ticket packages for World Cup games to be played in Japan next year, called "Prestige Program," will go on sale on Wednesday, the Japanese World Cup Organizing Committee announced Tuesday in Tokyo.
JAPAN
Sep 4, 2001

Poor economy taking toll on health care

The number of people losing their national health insurance certificate because they failed to pay premiums due to salary reductions and other hardships is on the rise.
Events
Sep 4, 2001

Plumber places hopes on fresh, natural water

OSAKA -- Drinking water has long been seen as something that comes for free. All you need to do is turn on a tap.
JAPAN
Sep 1, 2001

14,700 Hitachi staff to be cut in IT slump

Hitachi Ltd. said Friday that it will abolish 14,700 jobs, or 4.5 percent of its 324,000-strong group workforce, by the end of March to help turn around declining earnings amid the slump in the information technology sector.
BUSINESS
Sep 1, 2001

Reform timetable necessary: Koizumi

Prime Minister Junichiro Koizumi said Friday that it is necessary to draw up a specific timetable for reform initiatives to promote understanding and support.

Longform

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