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JAPAN
Oct 26, 2000

Nine stores to close in Sogo revival plan

The Sogo department store group unveiled a comprehensive revival plan Wednesday that includes the closure of nine of its 22 existing stores and the slashing of the group's workforce by 3,100 employees to 6,000.
BUSINESS
Jul 28, 2000

Matsushita's quarterly profit slides 2%

Matsushita Electric Industrial Co. said Thursday that it registered a consolidated net profit of 9.4 billion yen in the April-June quarter, down 2 percent from a year earlier.
BUSINESS
Jul 22, 2000

Four carmakers raised output in first half of 2000

Four of Japan's five largest automakers increased domestic production in the first half of 2000 from the same period last year, according to data released by the companies Friday.
BUSINESS
May 30, 2000

Toyota to enter Chinese market

Toyota Motor Corp. announced Monday that the automaker has received formal permission from the Chinese government to soon establish a joint venture with a Chinese carmaker to produce a new compact model in Tianjin.
COMMENTARY
Apr 3, 2000

No tolls on the e-commerce highway

The electronic superhighway is becoming an ever more important forum for commerce, and states want a piece of the action. But just as American colonists resisted British attempts to tax paper and tea, American citizens should bar states from taxing online transactions.
JAPAN
Nov 22, 1999

Restructuring of Nissan brings 323 billion yen loss

Struggling Nissan Motor Co. announced Monday a consolidated net loss of 323.5 billion yen for the first half of fiscal 1999. The automaker said the losses were due to pension and retirement expenses as well as the cost of a massive restructuring program.
JAPAN
Nov 6, 1997

Toyota's profits climb thanks to brisk exports

Toyota Motor Corp. managed to post pretax profits of 324.56 billion yen in the April-September period, up 25.6 percent from the same period last year, as brisk exports made up for lackluster sales in the domestic market, the nation's largest automaker said Thursday.
JAPAN
Jan 17, 1997

Foreign automakers fight to secure market share

With more people in Japan beginning to think that there is nothing special about imported cars, foreign automakers can no longer rely on their once luxurious brand image to do the selling for them.Now foreign carmakers are finding themselves in increasingly fierce competition with domestic automakers....
Japan Times
BUSINESS
Dec 21, 2022

Hyundai, the world's third-largest carmaker, takes aim at Toyota and Volkswagen

The world's third-largest carmaker isn't from the U.S., Japan or Europe, at least not anymore. It's South Korea's Hyundai.
Japan Times
COMMENTARY / Japan / Geoeconomic Briefing
Nov 21, 2022

Japanese carmakers face continuing risks in the Russian market

From county-based issues to reputational risks at home, automakers have had to tread carefully in the wake of Russia's invasion of Ukraine.
Japan Times
BUSINESS / Companies
Nov 8, 2022

How corporate chiefs dodge lawsuits over sexual abuse and deadly products

Hollywood producer Harvey Weinstein’s rape conviction landed him in prison. Allegations of serial sexual abuse cost him his career and his movie studio. His company went bankrupt and later settled legal claims by about 50 women.
Japan Times
JAPAN / Regional Voices: Okinawa
Sep 12, 2022

Brainwashed by the Unification Church: A former student follower tells his story

Cited as a factor in the shooting of former Prime Minister Shinzo Abe, the group's aggressive solicitation of members and so-called spiritual sales have been a problem since the 1980s.
Japan Times
BUSINESS
Sep 3, 2022

High-tech Japanese toilet maker sees U.S. growth after COVID ‘paper panic’

Sales of luxurious toilets complete with heated seats and cleansing jets of water are now taking off in the U.S. — thanks in no small part due to pandemic-induced toilet paper shortages.
Japan Times
ASIA PACIFIC
Aug 26, 2022

Spike in China tensions won't change Washington's Taiwan weapons policy — for now

China's aggressive military drills around Taiwan have put Washington on edge, but not enough to spur an immediate sharp increase in weapons sales to the island.
Japan Times
BUSINESS / Companies / FOCUS
May 26, 2022

Global automakers face electric shock in China

Kings of the combustion age such as General Motors and Volkswagen are falling behind local players in the booming electric vehicle market in China.
Japan Times
BUSINESS / Economy
May 12, 2022

China’s 'COVID zero' policy makes 2020-style rebound less likely

The highly infections omicron variant means there's greater risk of cities shutting down and then reopening repeatedly over several months.
Japan Times
BUSINESS
Dec 8, 2021

Evergrande restructuring puts onus on China's Xi to limit contagion

For now, Chinese authorities plan to ring-fence Evergrande and limit contagion rather than orchestrate a rescue as they've done during past crises.
Japan Times
BUSINESS / Tech
Nov 11, 2021

It's going to get even harder to buy a PlayStation 5

The PlayStation 5 became the fastest Sony console to reach 10 million units sold this July, but it has fallen behind the sales pace of its predecessor PlayStation 4 since then.
Japan Times
BUSINESS / Companies
Nov 9, 2021

Nissan lifts annual profit outlook despite supply disruptions

The upbeat forecast comes despite Nissan having to trim production in recent months in response to an outbreak of COVID-19 in Southeast Asia that disrupted access to chips.
Japan Times
BUSINESS
Jun 11, 2021

Elon Musk's China nemesis William Li survived once, but he has a fight ahead

On the road to recovery, Li's Nio delivered more than 20,000 vehicles, all of them SUVs, in the first quarter at an average price of $68,000.
Japan Times
LIFE / Food & Drink / Longform
Apr 19, 2021

The female brewers shaking up Japan’s sake industry

Bringing a fresh perspective to the brewing process, women are increasingly producing inspirational new interpretations of the nation's traditional alcoholic drink.
Japan Times
BUSINESS / Companies
Mar 12, 2021

In Japan, there are some winners from the global chip shortage

Suppliers for the back-end manufacturing of chips are expected to see orders pick up in the second half of the upcoming fiscal year.
Japan Times
CULTURE / Music
Nov 11, 2020

Change of tune: Japan's music fans move from CDs to streaming services

The decline in CD sales signals the streaming market's growth potential.
Japan Times
JAPAN / Media / BIG IN JAPAN
Oct 24, 2020

Pandemic pushes Japan's wealthy to spend like there's no tomorrow

Since overseas travel has become virtually impossible, some people have been diverting more of their disposable income into luxury items such as new cars.
Japan Times
LIFE / Food & Drink
Oct 17, 2020

With fortunes waning in Japan, sake finds a new home abroad

As the world's hunger for Japanese cuisine grows, so does its thirst for the country's iconic drink.
Japan Times
BUSINESS
May 5, 2020

Nissan to retrench further in new plan to focus on U.S., Japan and China

The carmaker will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?