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JAPAN
Apr 1, 1999

Marubeni reverses earnings outlook, airs reform plan

Major trading house Marubeni Corp. lowered its earnings projection for fiscal 1998 on Thursday and announced a restructuring program to consolidate its 701 group firms into about 500 by March 31, 2001.
JAPAN
Mar 31, 1999

HLAC, RCB merger creates powerful collection agency

Staff writer
JAPAN
Mar 29, 1999

Mitsubishi Motors mulls capital tieup proposals

OKAZAKI, Aichi Pref. -- Mitsubishi Motors Corp. President Katsuhiko Kawasoe said Monday the company has received "a variety of proposals" from many automakers to form an alliance centering on MMC's technologies and did not rule out the possibility of any of them developing into a capital tieup.
JAPAN
Mar 26, 1999

JAS to hire no pilots in fiscal '99

In a rare move for a Japanese airline, Japan Air System Co. announced Friday it will not hire any pilots during fiscal 1999 as part of its structural reform plan.
COMMENTARY / World
Mar 20, 1999

Learning on the job can be a good idea

The value of education has become a cliche. But few people seem to realize that school-based education can often prove a liability. Consider the views of Ram Mohan, a young farmer from the Indian state of Rajasthan, who refused to go to school. "My father wanted me to go," he said, "but I didn't. My...
CULTURE / Music
Mar 20, 1999

Tokyo says 'Bravo!' to tango explosion

The hottest song now in Japan is undoubtedly "Dango 3 Kyodai," which humorously depicts the story of three dumpling brothers. Though originally composed for a children's TV program, the song appealed to adults as well, and 3 million CDs have been sold so far.
JAPAN
Mar 18, 1999

Draft stresses shift to practical language classes

Staff writer
JAPAN
Mar 17, 1999

Analysis: Nissan's troubles deeper than Renault's pockets

Nissan Motor Co.'s long road to reconstruction and the ongoing realignment of Japan's automobile industry is far from over -- in fact it may have only just begun, according to auto industry observers.
JAPAN
Mar 16, 1999

Slash corporate levies, raise sales tax, think tank urges

The government should scrap the 5.4 percent residential tax for businesses and halve the 9.9 percent local corporate tax to reinvigorate business activity, a private think tank proposed Tuesday.
JAPAN
Mar 15, 1999

Transport team to explain new fuel rules to EU, U.S.

The Ministry of Transport plans to dispatch officials to the European Union and the United States later this month to explain Japan's new fuel-efficiency standards on automobiles, Vice Transport Minister Masahiko Kurono said Monday.
COMMUNITY / How-tos / GETTING THINGS DONE
Mar 10, 1999

Winners and losers

People in the food industry look to Foodex to find out how best to cater to their Japanese and foreign customers. What they see at Makuhari Messe are often more fantasy than fact, things that might be exported to Japan if the proper arrangements can be made. And that's what the foreigners are there for,...
JAPAN
Mar 10, 1999

Investment drops to 37-year low

Combined capital investments by Japanese firms in the October-December period fell 18.7 percent from a year earlier, the worst drop seen since the same quarter of 1962, the Finance Ministry said Wednesday.
JAPAN
Mar 4, 1999

Sony-Toshiba venture to power PlayStation2

Toshiba Corp. and Sony Computer Entertainment Inc. announced Thursday they will establish a joint venture to produce a 128-bit central processing unit for Sony's next-generation video machine.
JAPAN
Mar 3, 1999

Jusco to consolidate group firms

Major supermarket chain operator Jusco Co. announced Wednesday that it will absorb two subsidiaries in August to consolidate operations of the Jusco group.
JAPAN / Media / MEDIA MIX
Mar 2, 1999

Alexei Sultanov

Not long ago a famous American classical pianist gave an interview to a Japanese newspaper in which he complained, "I can't tell if a Japanese audience is enjoying the performance or if they're bored."
JAPAN
Mar 1, 1999

Mitsui Trust to lower wages in Chuo merger

In an unusual move, Mitsui Trust & Banking Co. plans to cut wages to the level of those offered at Chuo Trust & Banking Co. after its planned merger with Chuo in April 2000, industry sources said Monday.
JAPAN
Feb 26, 1999

NTT to slash capital spending in '99

Nippon Telegraph and Telephone Corp. plans to invest 1.52 trillion yen on plants and equipment in fiscal 1999, down 230 billion yen from the current business year, the carrier announced Friday.
JAPAN
Feb 26, 1999

Japan urged to continue bank bailout next year

Japan should recapitalize its banks next year as well as this year, Deputy U.S. Treasury Secretary Lawrence Summers said Friday.
JAPAN
Feb 25, 1999

'Staff pay' entries give away tax dodger

Tokyo prosecutors arrested senior executives of a Tokyo real estate agency Thursday after raiding its offices over allegations that the firm failed to pay 500 million yen in taxes during a three-year period, sources close to the investigation said.
JAPAN
Feb 25, 1999

HP, Hitachi, Marubeni form Internet venture

Hewlett-Packard Co., Marubeni Corp. and Hitachi Software Engineering Co. will establish a joint venture in March to offer electronic business and commerce solutions centering on Internet technologies, the three firms announced Thursday.
JAPAN
Feb 24, 1999

Nissan to cut auto capacity by 100,000, retool van unit

Nissan Motor Co. announced Wednesday that it will reduce annual production capacity by 100,000 units by closing vehicle assembly lines at an affiliate in Aichi Prefecture.
CULTURE / Music
Feb 20, 1999

Kodo beats remixed for a dance groove

In ancient Japan, boundaries between rural villages were not drawn by geography, but by the deep, resonating rhythms of the taiko drum. Kodo, Sado Island's acclaimed taiko troupe, through the preservation, dissemination and study of one of Japan's most internationally celebrated performing arts, has...
LIFE / Digital / CYBERIA
Feb 17, 1999

Designing for dollars

Say what you will about Jeff Bezos, president of Amazon.com, but he is a savvy guy. He and his company may not be worth the gazillions of dollars that the market is throwing at them, but he deserves credit for making the market believe in him.
JAPAN
Feb 12, 1999

Major steelmakers expect lower earnings

Plagued by dwindling demand and prices of steel products at home and abroad, major steelmakers on Friday separately announced they are significantly lowering their earnings projections for fiscal 1998.
JAPAN
Feb 12, 1999

Aum regrouping for Armageddon in September: PSIA

Aum Shinrikyo followers are striving to hold together to reconstruct their cult, believing Armageddon will come this year in accordance with founder Shoko Asahara's prediction, according to a report released Friday by the Public Security Investigation Agency.
JAPAN
Feb 9, 1999

Kyoto grad student held over chloroform sales

A 32-year-old Kyoto University graduate student was arrested Tuesday for allegedly selling chloroform over the Internet without a license.
JAPAN
Feb 9, 1999

Raids continue over suspected pipe-making cartel

Prosecutors continued nationwide raids on offices of three leading water pipe manufacturers Tuesday, following the arrests of 10 officials of the firms Monday in connection with a probe of an illegal market-share cartel.
JAPAN
Feb 9, 1999

Daihyaku, Manulife join forces on life insurance

Midsize life insurer Daihyaku Mutual Life Insurance Co. and Manulife Financial of Canada have signed a definitive agreement to form a joint life insurance company with a future merger in mind, company officials announced Tuesday.
EDITORIALS
Feb 5, 1999

Auto mergers in the fast lane

The wheeling and dealing in the auto industry has gone into high gear. Last year's megamerger of Daimler-Benz and Chrysler began the process of consolidation, but it was always just a matter of time. The world cannot support 40 automakers. Manufacturers already have the facilities to make 20 million...
JAPAN
Jan 25, 1999

Outlook still grim for Kansai economy

The economic outlook in the Kansai region remains grim despite a few positive signs in recent months, such as increased public works spending and a rise in sales of certain products, head of Bank of Japan's Osaka branch said Monday.

Longform

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