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BUSINESS
Apr 19, 2003

Mitsubishi Trust to slash bonuses

Mitsubishi Trust & Banking Corp. will slash employee bonuses for fiscal 2003 by a uniform 20 percent from the previous year to improve earnings, it was announced Friday.
JAPAN
Apr 19, 2003

June eyed for SDF-Iraq bill

Legislation that would allow the dispatch of Self-Defense Forces to Iraq for postwar reconstruction will probably be submitted to the Diet in June, a senior member of the ruling coalition said Friday.
JAPAN
Apr 19, 2003

Minister eyes pension ceiling targeting high-income earners

Welfare minister Chikara Sakaguchi said Friday the government should impose a ceiling on public pension benefits for high-income earners as part of fiscal 2004 reforms of the pension system.
Japan Times
JAPAN
Apr 19, 2003

Pressure mounts on Matsunami to resign

Pressure mounted Friday on New Conservative Party member Kenshiro Matsunami to resign from the House of Representatives following revelations that he allowed a yakuza-linked construction firm to pay several million yen to cover his secretaries' salaries.
Japan Times
BUSINESS
Apr 19, 2003

Daiei reports return to the black for '02

Ailing retailer Daiei Inc. reported Friday it returned to profitability in its 2002 business year due to lower restructuring costs, which weighed heavily on its earnings in the previous term.
JAPAN
Apr 18, 2003

Officials to check contaminated well in Ibaraki

The Environment Ministry on Monday will dispatch eight officials to Kamisu, Ibaraki Prefecture, to investigate a well that has been found to contain high levels of arsenic.
BASEBALL / MLB
Apr 18, 2003

Tigers edge Swallows

Tomoaki Kanemoto cracked a two-run homer in the eighth inning and Kei Igawa and Jeff Williams combined on a seven-hitter as the Hanshin Tigers narrowly beat the Yakult Swallows 5-4 in a Central League game on Thursday.
JAPAN
Apr 18, 2003

Japan may fund Iraq rebuilding through UNDP

Japan is considering providing reconstruction funds for Iraq through the U.N. Development Program, sources close to the matter said Thursday.
BUSINESS
Apr 18, 2003

Toyota to launch Prius hybrid version this year

Toyota Motor Corp. said Thursday it will launch a remodeled version of the eco-friendly Prius compact -- featuring a cutting-edge gasoline-electric hybrid system -- in Japan, the U.S. and Europe by the end of the year.
BUSINESS
Apr 18, 2003

Sky Perfect looks to wipe out losses

Sky Perfect Communications Inc. said Thursday it may eliminate all of its accumulated losses, which stand at some 120 billion yen, by the end of March 2004.
JAPAN
Apr 18, 2003

Cluster bombs held by ASDF defended

The Air Self-Defense Force possesses cluster bombs and has no plans to get rid of them, the government's top spokesman said Thursday.
JAPAN
Apr 18, 2003

Lawmakers inspect Fuchu Prison for inmate records

Members of the House of Councilors Judicial Affairs Committee visited Tokyo's Fuchu Prison on Thursday to look into its handling of official inmate records.
Japan Times
BUSINESS
Apr 18, 2003

Suzuki prepares a 'mini' blitz

Suzuki Motor Corp., Japan's top minivehicle maker three decades running, is preparing an assault on the global market with a new line of compact cars, according to company President Hiroshi Tsuda.
BUSINESS
Apr 18, 2003

Mark-to-market rule to remain for fiscal 2003

Corporate accounting rules will remain unchanged through the current fiscal year, meaning listed companies will file their financial statements based on the globally accepted mark-to-market accounting rule, the Accounting Standards Board of Japan said Thursday.
JAPAN
Apr 18, 2003

Disabled may get legal protection

The three ruling parties will draw up and soon present to the Diet a bill to make it illegal to discriminate against disabled people, according to coalition sources.
BUSINESS
Apr 18, 2003

Chief of OSE is questioned on wash sales

The Securities and Exchange Surveillance Commission has questioned Goro Tatsumi, president of the Osaka Securities Exchange, about allegations that the exchange conducted wash sales via a now-disbanded affiliate, sources said Thursday.
BUSINESS
Apr 18, 2003

METI eyes online credit market

The Ministry of Economy, Trade and Industry will create an online credit market as early as in 2004 to give small and midsize firms more ways to procure funds, METI officials said Thursday.
COMMENTARY / World
Apr 18, 2003

Firm resolve propels Sri Lankan peace aims

KOBE -- The United States demonstrated its serious commitment to the Sri Lanka's peace drive by hosting an international seminar on Sri Lanka's reconstruction and development on Monday at the U.S. State Department in Washington. But the U.S. decision to exclude Tamil Tiger rebels from the donor conference...
JAPAN
Apr 18, 2003

Model taxpayer cited for evasion

Electric components maker Aoi Suzuyoshi concealed about 1.5 billion yen in earnings for four years to the end of September 2001, evading some 500 million yen in corporate taxes, sources said Thursday.
MORE SPORTS
Apr 18, 2003

Niida announces comeback plans

Former World Boxing Association minimumweight champion Yutaka Niida will challenge current title holder Noel Arambulet of Venezuela this summer in his first comeback fight since coming out of retirement, boxing sources said Thursday.
Japan Times
LIFE / Food & Drink / THE WAY OF WASHOKU
Apr 18, 2003

The air is clear and the food gives cheer

Now in my early 30s, I find myself no longer able to just pick up and head off for a break. Ten years ago, my friends and I would take off anywhere, just about anytime. One of our last considerations — being in motion was the first — was what to do when we got there or what to eat when the time came....
EDITORIALS
Apr 18, 2003

Indelible stain of injustice

Abuses by Japan's thought police during World War II belong in history, and so does the so-called Yokohama Incident in which special police in Kanagawa Prefecture arrested more than 60 editors and journalists on suspicion of plotting to revive a communist party. About half of them were indicted and found...
BUSINESS
Apr 18, 2003

Tokyo Gas racks up record sales

Tokyo Gas Co. said Thursday its gas sales for fiscal 2002 grew 13.5 percent from a year earlier to a record 10.46 billion cubic meters, topping the 10 billion mark for the first time.
Japan Times
JAPAN
Apr 18, 2003

Journalist offers renewable energy as solution to wars fought over oil

OSAKA -- Humans may someday cease to fight over oil when the sun becomes our main source of energy, according to 64-year-old German journalist Franz Alt.
JAPAN
Apr 18, 2003

Pyongyang urged to heed human rights resolution

Japan on Thursday urged North Korea to take seriously a resolution issued by the U.N. Human Rights Commission that criticizes the North's human rights abuses.

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