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BUSINESS
Nov 7, 2005

Amway ready for greater triumph in China after tough years in Japan

For direct-selling giant Amway Co., China is fast becoming its most lucrative overseas market, far surpassing sales in the massive yet troublesome Japanese market.
BUSINESS
Apr 26, 2005

Nissan reports record profit for fifth year

Nissan Motor Co. said Monday it posted a record group net profit of 512.3 billion yen for fiscal 2004, up 1.7 percent from the previous year, and the fifth consecutive record annual profit.
BUSINESS
Aug 11, 2004

Most breweries report strong first half

Three of Japan's four largest breweries have reported strong earnings for the first six months of 2004 despite a continued fall in beer sales.
BUSINESS
Jul 31, 2004

Toshiba sees improvement in April-June quarter

Toshiba Corp. said Friday that increased sales in its main business segments such as digital products sharply narrowed its group net loss in the April-June quarter.
BUSINESS
Jul 21, 2004

Toyota expects record global output this year

Toyota Motor Corp. said Tuesday it expects its group's global production for calendar 2004 to hit a record 7.54 million units 260,000 more than an earlier forecast thanks to brisk overseas sales.
JAPAN
May 12, 2004

Toyota first firm to exceed 1 trillion yen

Toyota Motor Corp. said Tuesday it posted a record net profit of 1.16 trillion yen for the year to March, becoming the first Japanese company to exceed the 1 trillion yen mark.
BUSINESS
Jul 19, 2003

Honda looks to shape brighter future by remodeling the past

Honda Motor Co. hopes to recover from a slump in domestic car sales by launching redesigned models of popular vehicles, according to Honda President Takeo Fukui.
Japan Times
COMMUNITY
Jun 15, 2003

Shades of good sense

Parasols are peculiar things. Meaning "to ward off the sun" in Latin-based languages, these lightweight umbrellas were long ago the height of coquettish fashion in Europe. Until recently though, in Japan they were the preserve of its distinctly uncoquettish obasan.
Japan Times
BUSINESS / INDUSTRY TRENDS
Nov 29, 2002

Department stores gear up for yearend gift season

Department stores nationwide go into full swing this weekend for the all-important yearend gift-shopping season, hoping to finish on a high note a year marked by battered sales.
BUSINESS
Aug 18, 2001

Suntory profits decline 24% in first half of year

OSAKA -- Beverage company Suntory Ltd. said Friday its group net profit in the first half of 2001 fell 24.1 percent from a year earlier to 5.65 billion yen.
BUSINESS
May 25, 2001

Nippon Steel profit margin jumped 137% in fiscal 2000

Nippon Steel Corp. said Thursday it posted a group net profit in fiscal 2000 of 26.49 billion yen, up by 137.1 percent.
BUSINESS
Apr 25, 2001

Daiei's operating revenue falls below 2 trillion yen

Ailing supermarket operator Daiei Inc. said Tuesday it suffered a 10.2 percent year-on-year decline in fiscal 2000 operating revenue on a parent-only basis, bringing in 1.98 trillion yen and falling below 2 trillion yen for the first time in a decade.
BUSINESS
Jul 14, 2000

Suzuki looking for bigger share of minicar market

While Suzuki Motor Corp.'s domestic sales of minivehicles renewed a record for the first six months of 2000, Masao Toda, Suzuki's new president and chief operating officer, said his most important task is to create more attractive cars to take a bigger share of the competitive auto market.
JAPAN
May 7, 1998

New chief of Ford subsidiary looks to bring focus to dealers

Eiji Iwakuni, who on April 1 became the new president of Ford Motor Co. (Japan) Ltd., knows the carmaker did not hire him for his English-speaking ability.
Japan Times
BUSINESS / Companies
Feb 7, 2023

Nintendo cuts outlook on Switch but raises salaries as Japan inflation climbs

Nintendo has sat out the rally in tech stocks this year and may remain stuck in the doldrums until it unveils a successor to its Switch game console.
Japan Times
BUSINESS / Tech
Jul 12, 2023

Slow-selling EVs are the U.S. auto industry's new headache

More than 90 new EV models are expected to hit the U.S. market through 2026, according to AutoForecast Solutions. Many will struggle to reach profitable sales volumes, analysts said.
The Central Business District on a rainy day in Beijing. Both U.S. and European companies with exposure to China could be hit by its sluggish growth as its post-COVID-19 momentum has faltered rapidly.
BUSINESS / Economy
Jul 21, 2023

China's sagging economy looms over quarterly results around the world

Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
Monex Group was sued on Thursday in what is believed to be the first lawsuit questioning the responsibility of a Japanese securities company over Credit Suisse AT1 bond losses.
BUSINESS / Companies
Jul 28, 2023

Japan’s Monex sued by client for Credit Suisse bond loss

The move marks a rare case of a financial institution being accused of responsibility for investor losses triggered by Switzerland’s move to wipe out the bonds.
In the international market, a larger number of airlines went bankrupt compared to domestic fliers due to the pandemic, with low-cost, long-haul carriers getting hit particularly hard.
COMMENTARY / World
Jul 28, 2023

Post-pandemic travel boom is running out of steam

Fare promotions and other signs of weakening domestic demand show business is leveling out for airlines after post-COVID-19 boom.
Transport ministry officials leave a Bigmotor dealership in Nagoya on Friday after conducting on-site inspections.
BUSINESS / Companies
Jul 31, 2023

Bigmotor suspected of fabricating insurance contracts

The news came on top of an investigation report that showed employees padded maintenance fee claims to insurance firms by deliberately damaging cars.
Pedestrians outside a Seibu department store in Tokyo's Ikebukuro district in April
BUSINESS / Companies
Jul 31, 2023

Seven & I struggles to sell slumping Sogo & Seibu department stores

The holdup is centered around the flagship Seibu department store in Tokyo's Ikebukuro district, with the local government expressing rare opposition.
Sony, a key supplier of image sensors to Apple and other device-makers, has said it doesn’t expect demand in the mobile phone market to bounce back until next year at the earliest.
BUSINESS / Companies
Aug 10, 2023

Sony falls most in a year as smartphone demand fails to recover

The Tokyo-based company’s operating income fell 31% in the first fiscal quarter because of sharp declines in the movie and sensor groups.
Honda's electric vehicle e:NP2 is displayed at the Auto Shanghai show, in Shanghai in April. The recent weakening of the yen couldn't come at a better time for Japanese automakers, which are struggling in the Chinese market.
BUSINESS / Economy
Aug 14, 2023

Weak yen gives Japan automakers temporary relief from China pain

A weak yen has traditionally lifted profits for Japan's big exporters
Elizabeth Kutschke at the park with her son Ben, who was diagnosed with spinal muscular atrophy
WORLD / Science & Health
Aug 15, 2023

When a $2 million gene therapy is not enough

Ben is one of a growing number of patients with spinal muscular atrophy whose doctors are turning to additional drugs in addition to gene therapy.
Residential buildings under construction at Tahoe Group's Cathay Courtyard development in Shanghai
BUSINESS / Economy
Aug 17, 2023

China’s housing slump is much worse than official data shows

Industry insiders and economists say China’s official home-price indexes are likely understating the depth of the downturn.
Supermarket owner Takashi Nakajima, 67, prepares raw fish to sell at his store, near the Fukushima No. 1 nuclear power plant in Soma, Fukushima Prefecture.
BUSINESS / Economy
Aug 22, 2023

For Fukushima shop owner, water release spells battle for survival

Japan said on Tuesday it would start discharging more than 1 million metric tons of the treated water on Thursday
A family plays the Monster Catcher crane game at Happy Land Marina amusement arcade in Hiroshima.
JAPAN / Society / Regional Voices: Hiroshima
Sep 18, 2023

Crane games win hearts at amusement arcades with limited-edition prizes

Thanks to the growing popularity of anime, crane games have become a popular family pastime and are also attracting foreign visitors.
A woman walks past a showroom for Chinese electric vehicle maker XPeng in Beijing in February.
BUSINESS / Companies
Sep 16, 2023

Chinese EV makers pin hopes on Europe’s fading auto dealers

At the heart of their strategy is the traditional dealership model that European carmakers have been exiting in favor of direct sales.
The new invoice system, which goes into effect Oct. 1, is forcing many freelancers in Japan to choose between raising their prices or suffer a 10% loss in revenue.
COMMUNITY / How-tos
Sep 25, 2023

Freelancers aren’t happy with Japan’s new invoice system

For many freelancers and small businesses, the result will amount to a 10% increase in taxes.
Honda's new electric vehicle Prologue is displayed in Detroit on Sept. 21.
BUSINESS / Companies
Sep 29, 2023

With help from GM, Honda tries again in U.S. EV market

The carmaker unveiled the brand’s first electric SUV on Thursday, marking a renewed push into fully electric vehicles.
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.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
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.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
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.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
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.

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

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