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BUSINESS
May 31, 2003

Wage-earners' spending down 1%

Spending by Japan's wage-earning households dropped a real 1 percent in April from a year earlier, the seventh straight monthly decline, the government said Friday.
BUSINESS
May 31, 2003

Jobless rate stuck at 5.4% in April

The nation's jobless rate stood at a near-record 5.4 percent in April, unchanged from March, reflecting continued bleak employment conditions, the government said Friday.
BUSINESS
May 31, 2003

Rokkasho blunder leads to failures

Oye Kogyo Co., a manufacturer of nuclear power equipment, and its subsidiary Oye Engineering Co. have filed for protection from creditors under the corporate rehabilitation law.
BUSINESS
May 31, 2003

April housing starts increased 1.4%

Housing starts totaled 100,276 units across the country in April, up 1.4 percent from a year earlier for the first year-on-year rise in six months, the government said Friday.
BUSINESS
May 31, 2003

Matsushita to restart SARS-hit China plants

Matsushita Electric Industrial Co. was to resume operations Saturday at two factories in China shut down after five workers were diagnosed with SARS.
Japan Times
COMMUNITY / Our Lives / PERSONALITY PROFILE
May 31, 2003

Masaomi Kondo

Professor of economics at Daito Bunka University, Masaomi Kondo is also president of the Japan Association for Interpretation Studies, and senior member of the International Association of Conference Interpreters in Geneva. The scope of his interests and qualifications go way beyond economics and high-level...
BUSINESS
May 31, 2003

Life insurers' revenues, assets still spiraling down

Falling stock prices and sluggish demand left all the nation's major life insurance companies with reduced revenues and net assets in the year that ended on March 31, according to earnings reports released Friday.
COMMUNITY / Our Lives / WHEN EAST MARRIES WEST
May 31, 2003

Longtime expatriates all play 'Survivor'

It's not reality TV. It's reality.
COMMUNITY / Our Lives / JAPAN LITE
May 31, 2003

Flower power and the heathen gardener

It's time to water your garden. What garden? You mean you haven't planted your garden yet? Oh, you're too busy? Don't have enough space? No more excuses. I'll tell you how you can make a Japanese-style flower garden in just 30 seconds a day. Heck, you learned Japanese in 10 minutes a day, right?
Japan Times
COMMUNITY
May 31, 2003

Improve your English via e-mail correspondence

Studying French from age 11, it was exciting when my school in England teamed up with another in France for correspondence exchange. Francoise and I wrote to one another for five years before fading from one another's lives. But I have never forgotten her, or her impact on my life: opening up the world...
MORE SPORTS
May 30, 2003

Kawaguchi absent from Japan squad

Masafumi Kawaguchi one of the nation's top football players, was missing when the American Football Association of Japan announced the 45-man national squad for the second World Cup of American football on Thursday at a Tokyo hotel.
BASEBALL / MLB
May 30, 2003

Irabu goes distance as Tigers edge BayStars

Hideki Irabu went the distance Thursday as the Central League-leading Hanshin Tigers edged the Yokohama BayStars 2-1 at Koshien Stadium.
EDITORIALS
May 30, 2003

Self-help is the best help for banks

The latest earnings reports from Japan's top banks confirm what everyone already knows: They are still heavily burdened with bad loans that won't be paid back. In the financial year that ended March 31, the seven largest lenders chalked up a combined deficit of 4.6 trillion yen, in large part because...
BUSINESS
May 30, 2003

Domestic industrial output declined by 1.2% in April

Domestic industrial production fell a seasonally adjusted 1.2 percent in April from the previous month for the first drop in two months, the Ministry of Economy, Trade and Industry said Thursday.
BUSINESS
May 30, 2003

Public money spent for failed banks tops 10 trillion yen over last four years

The period from fiscal 1998 through fiscal 2002 saw 10.433 trillion yen in taxpayer funds spent on failed financial institutions, government sources said Thursday.
BUSINESS
May 30, 2003

Hino, Penske form capital alliance

Truck maker Hino Motors Ltd. said Thursday it has formed a capital alliance with U.S.-based major leasing firm Penske Corp. to start full-fledged operations in North America.
BUSINESS
May 30, 2003

Koizumi to push FTA with Seoul

Prime Minister Junichiro Koizumi will push for a free-trade pact with South Korea when he meets President Roh Moo-hyun next week, an official said Thursday.
COMMENTARY / World
May 30, 2003

Hollingworth affair can frazzle Australia's royal links

SYDNEY -- Sex, religion, politics -- what an explosive combination to hit Australia! And just as everyone is welcoming home troops from the Iraq war and the economy is looking good.
BUSINESS
May 30, 2003

Nonlife insurers boost Millea group profits

Millea Holdings Inc., which controls nonlife insurers Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co., on Thursday reported a group net profit of 56.62 billion yen for the year through March 31.
Japan Times
BUSINESS
May 30, 2003

Is Resona the tip of the iceberg?

The whistle-blowing erupted a few days before May 17, the day Resona, the nation's fifth-largest banking group, announced its capital had tumbled below regulation levels.
BUSINESS
May 30, 2003

Nippon Keidanren urges gradually raising sales tax to 18%

The Japan Business Federation (Nippon Keidanren) proposed Thursday that the consumption tax be raised gradually from the current 5 percent to an upper limit of 18 percent by 2025.
BUSINESS
May 30, 2003

Japan Post sees investment returns shrinking already

Japan Post expects returns on investments with postal savings funds over the next two years to fall 450 billion yen below expectations due to plunging long-term interest rates.
BUSINESS
May 30, 2003

Resona Holdings suffers 549.4 billion yen latent loss

Resona Holdings Inc. has incurred a 549.4 billion yen latent loss on the preferred shares it issued through the previous round of public fund injections, a senior government official said Thursday.
BUSINESS
May 30, 2003

IT outlays to top 27 trillion yen by '08

Investment related to information technology will expand to 27.4 trillion yen by 2008, the Ministry of Economy, Trade and Industry said in a survey released Thursday. The amount reached 24 trillion yen in 2001, but dropped 5.4 percent to 22.7 trillion yen last year amid the soft economy.
Japan Times
LIFE / Food & Drink / TOKYO FOOD FILE
May 30, 2003

L'Atelier de Joel Robuchon: Is it worth the wait? Mais bien sur!

As soon as the hype and crowds at Roppongi Hills subsided (a bit, anyway), we ventured in. Not to mill around alongside the gawping multitudes, but to make a beeline to the door of L'Atelier de Joel Robuchon. It's not every day that a new restaurant opens from the man who was hailed in his native France...
BUSINESS
May 29, 2003

NHK in black for 13th straight year

NHK said Wednesday it remained in the black in the year to March 31 for the 13th straight fiscal year, with operating revenues exceeding expenses by 10.2 billion yen.
Couche-Tard bids for $31 billion Japanese retailer Seven & I
A 7-Eleven convenience store, operated by Seven & I Holdings, in Tokyo
LDP presidential hopefuls' first hurdle — securing 20 signatures
Digital minister Taro Kono at the Prime Minister's Office in Tokyo in September 2023
Rising star Takayuki Kobayashi launches bid for LDP president
Former economic security minister Takayuki Kobayashi announces his candidacy in the Liberal Democratic Party presidential election in Tokyo on Monday.
Japan offers lifeline to ESG investing amid backlash overseas
Wind turbines in Rokkasho, Aomori Prefecture
Pillar at entrance to war-linked Yasukuni Shrine vandalized again
Graffiti was found on the pillar bearing Yasukuni Shrine’s name and at its base at the Tokyo shrine's entrance Monday.
LDP presidential hopefuls' first hurdle — securing 20 signatures
Digital minister Taro Kono at the Prime Minister's Office in Tokyo in September 2023
Japan offers lifeline to ESG investing amid backlash overseas
Wind turbines in Rokkasho, Aomori Prefecture
Dreading the Big One? How to manage pre-disaster anxiety.
Earthquakes are a fact of life in Japan, but there are strategies to keep yourself from spiraling into stress and despair over future catastrophes.
Hurdles remain in Japan for transplants of pig organs into humans
Surgeons perform the world’s first genetically modified pig kidney transplant into a living human at Massachusetts General Hospital in March.
Kishida's out. Who will likely be Japan's next leader?
Digital minister Taro Kono (left), Liberal Democratic Party Secretary-General Toshimitsu Motegi (center) and former Defense Minister Shigeru Ishiba are among the potential candidates for the ruling party's presidential election next month.

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

mission sustainability vol.11 : Sekisui House Ltd.World’s top homebuilder acts on its responsibility
mission sustainability vol.11 : Sekisui House Ltd.World’s top homebuilder acts on its responsibility

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