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August 22, 2024
 

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BUSINESS
Jul 31, 2003

Major banks pin losses on stockholding declines

Five major banking groups told the Financial Services Agency on Wednesday that they posted losses in fiscal 2002 not because their earnings deteriorated but because their stockholdings bled massive red ink.
JAPAN
Jul 30, 2003

Insurer probes leak of client list

A client list used by Mitsui Mutual Life Insurance Co. has been leaked, officials of the insurer said Tuesday.
EDITORIALS
Jul 30, 2003

Wanted: clear view of Japan Highway

In recent weeks, Japan Highway Public Corp. has come under intense scrutiny because of its financial status. The pivotal question is whether the corporation, set to go private in 2005, is solvent or not. The answer remains unclear. Two different sets of financial statements -- one "official," the other...
JAPAN
Jul 30, 2003

U.S. Navy sailor held in Tokyo robbery

Police said Tuesday they have arrested an enlisted U.S. Navy sailor over the wounding of a Tokyo shop owner with a stun gun during a 10 million yen watch and jewelry robbery early this month.
BUSINESS
Jul 30, 2003

Sharp net profit surged 13.5% in first quarter

Consumer electronics firm Sharp Corp. said Tuesday it chalked up a consolidated net profit of 14.05 billion yen in the first quarter of the current business year, up 13.5 percent from a year earlier.
BUSINESS
Jul 30, 2003

Household spending logs first rise since September

Spending by households of Japanese wage earners rose a real 0.4 percent in June from a year earlier, marking the first rise since September, the government said Tuesday.
BUSINESS
Jul 30, 2003

Snow Brand sales in first quarter exceed forecast

Snow Brand Milk Products Co. on Tuesday reported group sales of 80.82 billion yen for the April-June quarter, about 8 percent more than its earlier projection.
Japan Times
CULTURE / Music / HIGH NOTES
Jul 30, 2003

Ted Leo & The Pharmacists

New Jersey native Ted Leo, who learned his trade in the East Coast hardcore scene of the late '80s, has been toiling as an indie idol in the Washington D.C. underground for more than a decade, first fronting Chisel, which prefigured the current mod-punk revival, and then the Sin Eaters, a power-pop band...
BUSINESS
Jul 30, 2003

New bank notes to thwart forgers

Japan began printing new bank notes Tuesday that incorporate improved measures to combat counterfeiters, marking the first currency replacement in almost two decades.
JAPAN
Jul 30, 2003

Tsujimoto loaned out illegal cash

Arrested former lawmaker Kiyomi Tsujimoto used some 40 million yen of her office's illegally pooled funds to loan to her friends, sources alleged Tuesday.
BUSINESS
Jul 30, 2003

Ogi to promote bullet trains in China

Transport minister Chikage Ogi said Tuesday she will visit Beijing from Aug. 3 to 6 to promote Japan's bullet train system for a planned high-speed railway between Beijing and Shanghai.
BUSINESS
Jul 30, 2003

Honda saw net profit fall 5.4% in first quarter

Honda Motor Co. reported a consolidated net profit of 101.82 billion yen in the April-June quarter, down 5.4 percent from the same period last year, company officials said Monday.
JAPAN
Jul 30, 2003

Major firms searched for bid-rigging clues

The Fair Trade Commission on Tuesday searched more than a dozen companies, including major machinery makers, in Tokyo and Osaka for evidence of bid-rigging in connection with local government construction contracts for sewage pumps.
BUSINESS
Jul 30, 2003

GDP growth could exceed forecast

The nation's gross domestic product growth in fiscal 2003 may exceed the government forecast of 0.6 percent, with stronger economic activity coming in the latter half of the year, Finance Minister Masajuro Shiokawa said Tuesday.
BUSINESS
Jul 30, 2003

June jobless rate falls to 5.3%, but outlook remains murky

The nation's seasonally adjusted jobless rate was 5.3 percent in June, edging down 0.1 percentage point from the previous month, the government said in a preliminary report released Tuesday.
Japan Times
CULTURE / Art
Jul 30, 2003

Confessions of a Frida lover

In the interest of full disclosure: I have been hopelessly enamored with the beautiful, communist, bisexual artist Frida Kahlo ever since I happened across -- and was shaken to the core by -- a print of her painting "Broken Column" (1944) in a Montreal art book shop back in 1979. I also wept uncontrollably...
Japan Times
CULTURE / Music / HIGH NOTES
Jul 30, 2003

Alex Sipiagin

Jazz was one of the best-kept secrets of communist Russia, officially suppressed but actually flourishing in underground clubs, bootleg studios and on pirate radio stations. Fortunately for music fans, trumpeter Alex Sipiagin heard enough to become one of Russia's premier jazz players and to emigrate...
BUSINESS
Jul 30, 2003

Monacan concern buys into UFJ

Monacan investment fund Sovereign Asset Management has purchased an equity stake of more than 5 percent in UFJ Holdings Inc., making it the biggest single shareholder in Japan's fourth-largest banking group.
Mount Fuji’s new measures bear fruit in tackling dangerous 'bullet climbing'
Climbers converge in front of Mount Fuji's 5th Station, which leads to the popular Yoshida trail, in Narusawa, Yamanashi Prefecture, on Aug. 11.
Seven & I buyout would be a watershed moment for Japan takeovers
Alimentation Couche-Tard’s proposed acquisition of Seven & I Holdings, if successful, would be an extremely rare case of a foreign company's buyout of a major Japanese firm.
Japan's low birthrate sparks talks of university consolidation
Akamon Gate at the University of Tokyo
Nearly 40% of employees knew of Hyogo governor’s alleged power harassment
Hyogo Gov. Motohiko Saito holds a news conference on Aug. 7.
Nintendo to open museum showcasing video game history this fall
A wall mural depicting Nintendo's Super Mario characters in an underground walkway in Kyoto. The company will open the Nintendo Museum in October.
Keiichi Tanaami, pioneering Pop Art visionary, dies at 88
Keiichi Tanaami
Is factional support still key for aspiring LDP presidential candidates?
Liberal Democratic Party Secretary-General Toshimitsu Motegi holds a news conference Tuesday. The party has decided to hold its leadership election on Sept. 27.
Mount Fuji’s new measures bear fruit in tackling dangerous 'bullet climbing'
Climbers converge in front of Mount Fuji's 5th Station, which leads to the popular Yoshida trail, in Narusawa, Yamanashi Prefecture, on Aug. 11.
How Japan's health care system is gearing up for more heatstroke cases
An ambulance is parked at the entrance of the emergency room of Saitama Hospital in Wako, Saitama Prefecture, on July 24.
LDP presidential hopefuls' first hurdle — securing 20 signatures
Digital minister Taro Kono at the Prime Minister's Office in Tokyo in September 2023

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

The volunteer lifesavers of Nishihama Surf Lifesaving Club never know what's in store at the start of their day.
It's no simple day at the beach for Japan's volunteer lifesavers
By Yuko Tamura

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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