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BUSINESS
Jun 23, 2000

7dream.com Web shop to open in July

7dream.com Ltd., a joint venture centered on convenience store chain Seven-Eleven Japan Co., announced Thursday that it will open one of the nation's biggest e-commerce shopping Web sites on July 1.
JAPAN
Jun 21, 2000

Close digital divide: ministry

An environment better suited to the Internet and cellular phones is urgently needed for the development of the rapidly growing "new economy" in Japan, the Posts and Telecommunications Ministry said in a report released Tuesday.
BUSINESS
Jun 21, 2000

Sogo may sell prime Osaka store to rival

OSAKA -- Sogo Co., a financially strapped department store chain, is in talks with longtime rival Mitsukoshi Ltd. on selling its flagship store in a prime Osaka shopping district, sources close to the talks said Tuesday.
BUSINESS
Jun 20, 2000

Official cool to NTT's call to revise law

A top posts and telecommunications regulator on Monday brushed aside a call by the head of Nippon Telegraph and Telephone Corp. to revise the law governing NTT's operations to resolve a row between Japan and the United States.
BUSINESS
Jun 20, 2000

Cresvale chief denies being part of bond fraud

The former chairman of Cresvale International Ltd.'s Tokyo branch pleaded not guilty Monday to charges that he violated the Securities and Exchange Law by selling so-called Princeton bonds to clients while knowing they would be irredeemable.
JAPAN
Jun 20, 2000

Scandal-tainted kingmaker also a 'caring man'

The political career of the late Noboru Takeshita was rocked by a series of scandals that forced him to largely wield his influence from behind the scenes after he stepped down as prime minister in 1989.
JAPAN
Jun 18, 2000

PC outlet staffed by Aum delayed

The scheduled opening Saturday of a personal computer sales outlet in Tokyo's Chiyoda Ward, to be staffed by followers of the Aum Shinrikyo cult, has been postponed due to a request from the landlords, sources close to the store said.
BUSINESS
Jun 17, 2000

Second-tier banks regained profits in '99

Second-tier regional banks returned to profitability in fiscal 1999 for the first time in four years due largely to a substantial drop in bad-loan writeoffs and profits from share sales, an industry association said Friday.
JAPAN
Jun 16, 2000

Sumitomo halts sales of rubber gloves with hormone disrupters

Sumitomo Rubber Industries Ltd. said Thursday that it will stop selling vinyl chloride gloves for use in preparing food, in response to a warning Wednesday by the Health and Welfare Ministry that the gloves contain hormone disrupters.
JAPAN
Jun 16, 2000

Kubota-linked 'sokaiya' held

OSAKA — Osaka Prefectural Police on Thursday arrested two "sokaiya" corporate racketeers on suspicion of accepting 85 million yen in bribes from major machinery maker Kubota Corp. in the form of billboard rental fees, police sources said.
BUSINESS
Jun 16, 2000

Hewlett-Packard, Softbank planning PC joint venture

Hewlett-Packard Co. of the United States will be entering the Japanese personal computer market by setting up a joint venture with Softbank Corp. and selling home-use products on the Internet, the U.S. firm's chief executive officer announced Thursday.
BUSINESS
Jun 15, 2000

Corporate failures climb for seventh month in a row

Corporate bankruptcies in Japan rose 12.4 percent in May from the previous year to 1,528 cases, marking the seventh consecutive monthly rise, a private credit research agency said Wednesday.
BUSINESS
Jun 15, 2000

NTT calls for relaxing of law as prerequisite to bigger cuts

The law concerning the Nippon Telegraph and Telephone Corp. group should be revised to grant more freedom to its two local calling companies and the revision should be a prerequisite to any further cuts in the connection fees it charges other telecommunications firms, the NTT Corp. president said Wednesday....
BUSINESS
Jun 15, 2000

MITI to help small firms access giants in Internet age

The Ministry of International Trade and Industry will create a council in July to give all-around support to small office/home office businesses, officials said Wednesday.
BUSINESS
Jun 13, 2000

'Happoshu' shakes up beer market

Low-priced "happoshu" beverages accounted for 24.2 percent of Japan's beer market in May, according to statistics released Monday by the nation's four largest brewers.
BUSINESS
Jun 6, 2000

Failed LTCB reopens itself as Shinsei Bank

The Long-Term Credit Bank of Japan relaunched itself as Shinsei Bank on Monday, about 19 months after it collapsed and was placed under state control.
JAPAN
Jun 6, 2000

DEHP-laced food hidden by ministry

The Health and Welfare Ministry kept secret a report compiled in February that revealed a high concentration of a hormone-disrupting substance has been detected in boxed lunches sold at convenience stores, sources close to the case said Monday.
BUSINESS
Jun 6, 2000

Midsize life insurers continue to polarize

Polarization among the nation's midsize life insurers is accelerating due to a business environment that is becoming increasingly severe, according to the fiscal 1999 earnings reports the seven firms had released as of Monday.
EDITORIALS
Jun 3, 2000

Pointless war in Africa

Most wars are senseless. Some, however, are especially pointless. That is certainly the best way to describe the tragedy that has befallen the African nations of Ethiopia and Eritrea. A poorly demarcated border provided the excuse for a war that two of the world's poorest countries can ill afford. This...
BUSINESS
Jun 3, 2000

Share price drop halts merger talks

Japan Energy Corp., the nation's fifth-largest oil refiner and wholesaler, said Friday that it has suspended talks with Nippon Mining & Metals Co. on creating a joint holding company at the request of the copper smelting subsidiary.
BUSINESS
Jun 3, 2000

Two firms plan car service Net site

Fujitsu Ltd. and Idemitsu Kosan Co. announced Friday that the two firms will set up a joint electronic commerce venture in July to offer auto-related services via the Internet.
BUSINESS
Jun 2, 2000

Sony to license PlayStation2, increase semiconductor output

Sony Computer Entertainment Inc. said Thursday it will invest 125 billion yen to expand its production capacity for semiconductors, mainly for its PlayStation2 game console.
BUSINESS
Jun 2, 2000

DoCoMo tieup eyes i-mode-friendly ads

Mobile phone giant NTT DoCoMo Inc. and major ad agency Dentsu Inc. announced Thursday they have jointly set up an agency specializing in ads to be posted on DoCoMo's i-mode wireless Internet service.
BUSINESS
Jun 1, 2000

Daihyaku Life told to cease operations

The Financial Supervisory Agency announced Wednesday that it has ordered Daihyaku Mutual Life Insurance Co. to suspend operations -- the third collapse in the nation's life insurance sector.
JAPAN
May 31, 2000

Foreigners at record high

The number of registered foreign residents of Japan hit a record high 1.55 million -- or 1.23 percent of the population -- at the end of 1999, the Justice Ministry said Tuesday.
BUSINESS
May 31, 2000

Sogo explains debt plan to shareholders

Sogo Co. on Tuesday held its first shareholders' meeting since it released a restructuring plan that involves some 73 creditor firms forgiving the ailing department store operator some 639 billion yen in debts.
JAPAN
May 27, 2000

Dai-ichi Hotel files for 125.5 billion yen bankruptcy

Dai-ichi Hotel Ltd. effectively failed Friday morning when the Tokyo-based hotel chain and its four group firms filed with the Tokyo District Court for protection from creditors under the Corporate Rehabilitation Law.
BUSINESS
May 26, 2000

KDD pushes net balance into black for '99

KDD Corp. said Thursday that its consolidated net balance returned to the black in fiscal 1999, due to brisk earnings from domestic phone services and a number of one-off factors, including mammoth gains from securities sales.
COMMENTARY / World
May 26, 2000

From Asian style to global style

"If mankind eradicates the habitat of the giant panda, then the panda ceases to exist in the wild. The IMF package is a mandate to eradicate the existing habitat of Asia's corporates." -- Russel Napier, a strategist at Credit Lyonnais Securities Asia
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
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.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
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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