Search - 2005

 
 
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.
Japan Times
BUSINESS
Apr 2, 2003

Two traders try to regroup together

Nissho Iwai Corp. and Nichimen Corp. merged under a new holding company Tuesday in a bid to rebuild their struggling businesses.
JAPAN
Apr 1, 2003

South Korea food, culture site to open in Osaka in '05

OSAKA -- A South Korean food and cultural complex will open in the Rinku area near Kansai International Airport in February 2005 to promote friendship between Japan and South Korea, it was announced Monday.
JAPAN
Mar 26, 2003

Road firms eye 20% cut to future building plans

Four road-related public corporations will revise future highway construction plans to shave some 20 percent, or about 4.5 trillion yen, from original budgets, the land ministry said Tuesday.
BUSINESS
Mar 12, 2003

Three-year plan boosts JAL outlook

Japan Airlines System Corp. is expecting a group net profit of 35 billion yen for the business year through March 2006, up from 8 billion yen estimated for 2002.
BUSINESS
Mar 4, 2003

Japan looks to H-IIA as it enters satellite-launching business

Japan's aerospace industry is getting ready to enter the commercial satellite-launching business amid moves to transfer the government's H-IIA rocket technology to the private sector.
BUSINESS
Feb 26, 2003

Isetan business plan looks to cut workers, boost profit

Isetan Co. said Tuesday it will try to boost its operating profit to 15 billion yen in fiscal 2005 from an estimated 10 billion yen in fiscal 2002 under a three-year business plan featuring drastic cuts in personnel costs.
JAPAN
Feb 19, 2003

Businesses told of fossil fuel tax plan

Environment Minister Shunichi Suzuki on Tuesday officially told the Japan Business Federation (Nippon Keidanren) of the ministry's plans to introduce a tax on fossil fuels that generate greenhouse gases.
Japan Times
BUSINESS
Feb 14, 2003

Farm chief nixes WTO proposal

Farm minister Tadamori Oshima on Thursday rejected a WTO panel chief's proposal that would cut import tariffs on farm produce by up to 45 percent.
BUSINESS
Feb 1, 2003

Sogo announces plan to join Seibu under a holding firm

Sogo Co. President Shigeaki Wada announced Friday that the department store chain will merge its operations with those of Seibu Department Ltd., its bankruptcy-rehabilitation sponsor suddenly experiencing its own difficulties.
BUSINESS
Jan 22, 2003

Mizuho group plots huge fundraising effort as losses jump to 1.9 trillion yen

The Mizuho Financial Group said Tuesday its fiscal 2002 losses will hit 1.9 trillion yen, a nine-fold jump from estimates issued in November, after its two banks swallow more than 2 trillion yen in loan-loss provisions.
BUSINESS
Jan 22, 2003

Sanyo to plow 45 billion yen into CCDs

Sanyo Electric Co. said Tuesday it will invest 45 billion yen in the production of charge-coupled devices over three years starting in fiscal 2003.
BUSINESS
Jan 11, 2003

Asahi Mutual cans Millea tieup plans

Struggling Asahi Mutual Life Insurance Co. announced Friday it has scrapped plans to team up with the Millea Insurance Group, saying it may look for another partner.
EDITORIALS
Dec 10, 2002

The larger, the better?

Japan has about 3,200 cities, towns and villages. The government and the Liberal Democratic Party, among others, think that is too many. They believe that small districts should be consolidated to improve administrative efficiency so that they can better meet the diverse needs of residents.
BUSINESS
Nov 28, 2002

Kinki Nippon to slash 1,000 jobs

Kinki Nippon Tourist Co. on Wednesday released a three-year business plan under which it will cut its regular workforce by 1,000, or 20 percent, by the end of fiscal 2005.
BUSINESS
Nov 8, 2002

Towa requests second bailout from banks of 230 billion yen

Towa Real Estate Development Co. said Thursday it is seeking a 230 billion yen bailout package from UFJ and other creditor banks under a new five-year restructuring program.
BUSINESS
Sep 28, 2002

NKK, Kawasaki Steel set up holding company

NKK Corp. and Kawasaki Steel Corp. on Friday set up JFE Holdings Inc., a joint holding company, as the first step toward forming the JFE Group and becoming the world's fourth largest integrated steelmaker.
BUSINESS
Sep 11, 2002

Hiranuma, Zoellick agree to pressure China on car quotas

Trade minister Takeo Hiranuma and his U.S. counterpart agreed Tuesday to press China into complying with its commitments under the World Trade Organization, such as increasing its vehicle import quota, a Japanese trade official said.
JAPAN
Aug 26, 2002

Ministry to seek more funds to deal with packed prisons

The Justice Ministry will seek a sharp increase in its fiscal 2003 budget to address the problem of overcrowding in Japan's prisons and request a "research budget" to build the first new prisons in about 20 years, ministry sources said.
JAPAN
Aug 21, 2002

English school exec sees kids as growth market

English-conversation schools in Japan are facing a major business opportunity as demand for their services for children increases, according to a senior local official of a top chain of foreign-language schools.
JAPAN
Aug 1, 2002

Textbook makers given freer hand in curricula

The education ministry announced Wednesday that it will allow textbook publishers to stray from its guidelines under certain conditions beginning next year.
BUSINESS
Jul 12, 2002

FTA with Chile just isn't in the cards

Widely known as a feverish operagoer, Prime Minister Junichiro Koizumi may politely but disappointingly tell an exasperated Chilean President Ricardo Lagos, "Please wait patiently until the fat lady sings."
Japan Times
JAPAN / CLOSE NEIGHBORS
Jul 11, 2002

Japan's carmakers tooling up for China

BEIJING -- Zhao Xue Bo, an international relations researcher at Beijing Broadcasting Institute, a national university, has been saving money for some time to buy a new car.
BUSINESS
Jul 5, 2002

BTM to lend 1 trillion yen by '05

The Bank of Tokyo-Mitsubishi plans to make 1 trillion yen in new loans to corporate and individual customers by March 2005, bank officials said Thursday.
BUSINESS
Jun 22, 2002

Honda, Nissan increase sales as rivals' pace slows

Honda Motor Co. and Nissan Motor Co. posted increases in domestic auto sales in May, while the three other major Japanese automakers saw their sales slip, according to data released Friday by the carmakers.
BUSINESS
May 28, 2002

Project team proposes early implementation of fuel cells

A project team working to promote the development of fuel cell technology on Monday proposed that the deadline for easing and abolishing regulations related to the cells be moved forward to 2005 from 2020.
COMMENTARY
May 1, 2002

Economic sense clashes with security concerns

HONG KONG -- Taiwan is coming to grips with a paradox: China is both its best friend and its worst enemy. In recent weeks, the island has been debating what its priority should be -- to enhance its economy by taking advantage of what China has to offer, or to safeguard its political security by restricting...
JAPAN
Apr 27, 2002

FTC gives JAL-JAS integration the green light

The Fair Trade Commission on Friday gave its final seal of approval to the planned integration between Japan Airlines Co. and Japan Air System Co.

Longform

A man offers prayers at Hebikubo Shrine in Tokyo's Shinagawa Ward. The shrine is one of several across the country dedicated to the snake.
Shed your skin and reinvent yourself in the Year of the Snake