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BUSINESS
May 16, 2002

Mitsubishi Heavy jumps out of the red

Mitsubishi Heavy Industries Ltd. said Wednesday that its group net balance returned to the black in fiscal 2001, chiefly due to a reduction in material costs and a weakened yen.
BUSINESS
May 16, 2002

Department store sales down again

Sales at Tokyo department stores fell 4.8 percent in April from a year earlier to 166.6 billion yen, the fifth straight monthly decline, the Japan Department Stores Association said in a preliminary report Wednesday.
BUSINESS
May 16, 2002

Sharp to form AC tieup in Egypt

OSAKA -- Sharp Corp. will form a technology tieup with an Egyptian company to produce air conditioners for sale in the Middle East and Africa, Sharp officials said Wednesday.
BUSINESS
May 16, 2002

Mazda returns to profitability

Mazda Motor Corp. said Wednesday it returned to the black in the 2001 business year thanks to cost-cutting measures and a weakened yen.
BUSINESS
May 16, 2002

Trading house Mitsubishi logs 34.6% profit drop

Trading house Mitsubishi Corp. said Wednesday its group net profits in fiscal 2001 plunged 34.6 percent, primarily due to a 51.5 billion yen fall in securities sales.
COMMENTARY / World
May 16, 2002

Travel advisories for the next generation

WASHINGTON -- How does America's global role affect the lives of individuals? Currently, momentous international policy decisions are being taken; they encompass war, peace, freedom and the projection of power. It is important to step back and develop a vision of the long-term outcome of those policies...
BUSINESS
May 16, 2002

Nikon, six others tie up on chip-making gear

Nikon Corp. and six other firms in the semiconductor sector plan to collaborate on the development of next-generation steppers, Nikon officials said Wednesday.
JAPAN
May 16, 2002

Narita passengers lose no-fuss check-in service

Passport-control services at Tokyo City Air Terminal will soon be discontinued for passengers departing from Narita airport because of reduced traffic and more stringent security measures in the wake of Sept. 11, immigration officials have warned.
LIFE / Digital / NAME OF THE GAME
May 16, 2002

Put your Spidey skills to the test

This summer, Spider-Man is the luckiest superhero alive. Not only does he have a hit movie that has left critics and audiences impressed, he's also in a very good new game for GameCube, PlayStation 2, and especially Xbox.
BUSINESS
May 16, 2002

Dentsu reports profit drop for 2001

Dentsu Inc. on Wednesday blamed sluggish advertising revenues amid the stagnant economy for a 15.6 percent drop in operating profits in the 2001 business year.
JAPAN
May 16, 2002

Four mad cows linked to same milk substitute

A farm cooperative in Ombetsu, eastern Hokkaido, said Wednesday that a cow confirmed Monday to be infected with mad cow disease was fed the same milk substitute when a calf as were the three other cows infected with the disease in Japan.
COMMUNITY / How-tos
May 16, 2002

Lifelines

Hello there! My name's Ken Joseph Jr.
ENVIRONMENT
May 16, 2002

Home sweet Nagoya Port home

It would probably come as a surprise to most Nagoya residents to learn that a sizable population of finless porpoises resides in the dark, extremely polluted waters of Nagoya Port -- even in its busy heart near Kinjofuto, the Meijo Bridge, the shipbuilding dock and among the enormous ships that carry...
JAPAN
May 16, 2002

Exodus of young from Tokyo slowing

Fewer young people have moved out of Tokyo's 23 wards in recent years, prompting demographers to speculate that young families are now seeking to live closer to their workplaces.
EDITORIALS
May 15, 2002

A big role for small firms

Small firms in Japan face a growing need for self-reliance, a need to shed or trim their status as permanent subcontractors for large companies. This is especially true of small manufacturers. With domestic production moving increasingly to low-cost overseas locations, they have no choice but to develop...
SOCCER / World cup / EXCERPTS FROM PHILIPPE TROUSSIER'S BOOK
May 15, 2002

Japan team has bright future

"Passion" is the story of Japan soccer team coach Philippe Troussier, his struggle to make it as a player and manager and his travels around France, Africa and Japan. In the book, Troussier also details his philosophy and thinking as he prepares for the World Cup in June.In this, the last of 10 exclusive...
Japan Times
JAPAN
May 15, 2002

Koto moves to stem resident boom

As many areas of central Tokyo try to woo new residents, Koto Ward is taking the opposite tack and virtually begging developers to stop constructing new apartment complexes.
COMMENTARY
May 15, 2002

Myanmar moves forward, China takes a step back

LOS ANGELES -- Fleeting images can become perceived realities. For example, images viewed positively by the American public allow U.S. political leaders to unlock foreign-aid funds -- and business leaders to go forward with ambitious foreign-investment schemes. From this perspective, Myanmar, long-spurned...
SOCCER / World cup
May 15, 2002

Hayatou, Chung state case for FIFA leadership reforms

The "Blatter Out" campaign breezed through Tokyo on Monday as Issa Hayatou, FIFA boss Sepp Blatter's rival for the presidency, and his South Korean ally, Dr. Chung Mong Joon, held a press conference to state their case for a new broom in FIFA.
BUSINESS / ON THE FRONT LINE
May 15, 2002

Is yen any safer than roller-coaster dollar?

Restless trading is continuing on the currency market, keeping the dollar on its recent roller-coaster ride.
BUSINESS
May 15, 2002

Moody's to release Japan debt rating soon

Moody's Investors Service Inc. said Tuesday it plans to announce the results of a three-month review of the Aa3 rating on Japan's sovereign rating by the end of this month.
SOCCER / World cup
May 15, 2002

Troussier blasted

Japan coach Philippe Troussier was blasted by local press Tuesday after announcing he will miss the unveiling of the 23-strong World Cup squad on Friday.
BUSINESS
May 15, 2002

'Pain' of NTT workers acknowledged

Telecommunications minister Toranosuke Katayama on Tuesday described the transfer of 100,000 Nippon Telegraph and Telephone Corp. employees to 100 new subsidiaries as "(necessary) pain in a transitional period."
Japan Times
JAPAN / THE OKINAWA FACTOR
May 15, 2002

Nuclear pact ensured smooth Okinawa reversion

On Nov. 21, 1969, President Richard Nixon met with Prime Minister Eisaku Sato in Washington to discuss an extremely delicate issue.
BUSINESS
May 15, 2002

Tokyu Construction names Ochiai new president

Tokyu Construction Co. on Tuesday named Senior Managing Director Kazuo Ochiai as its new president, replacing Kuniyoshi Ihara, who will continue in his concurrent job as chairman.
Japan Times
CULTURE / Art
May 15, 2002

Japan's modern master of 100,000 brush-strokes

If, as the Chinese adage goes, a journey of 1,000 miles begins with a single step, then for Japanese artist Morio Matsui, a masterpiece of 100,000 brush strokes begins with the first sweep of the bristles on canvas.
BUSINESS
May 15, 2002

NEC, Fuji Heavy to team up on battery development

NEC Corp. and Fuji Heavy Industries Ltd. said Tuesday they will establish a joint venture later this month to develop a high-performance rechargeable battery for hybrid vehicles.

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’