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November 24, 2024
 

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BUSINESS
Apr 16, 2004

Uniqlo operator sees first-half profit grow 50%

Fast Retailing Co. said Thursday its net profit jumped 50 percent for the six months that ended Feb. 29 thanks to a recovery in store sales and better inventory control.
BUSINESS
Mar 31, 2004

Kanebo shareholders OK plan to spin off unit

Kanebo Ltd. shareholders approved a plan Tuesday to spin off the firm's mainstay cosmetics business to pay off its mounting debts.
Japan Times
BUSINESS
Mar 3, 2004

China becomes lifeline for local Japanese industries

Small industries in Japan that have long been plagued by cheap imports from China are now finding a means of survival by exporting high-grade products there.
Japan Times
JAPAN
Jan 31, 2004

Creator of blue LED wins ¥20 billion patent payout

The Tokyo District Court on Friday ordered midsize chemical maker Nichia Corp. to pay an unprecedented ¥20 billion to the inventor of a key semiconductor device for his transfer of patent rights to the firm.
JAPAN
Dec 4, 2003

Takei issued wiretap orders, former Takefuji exec tells cops

A former Takefuji Corp. executive has told police that Yasuo Takei, founder and chairman of the consumer loan company, ordered him to bug the phones of seven senior Takefuji officials, investigative sources said Wednesday.
Japan Times
BUSINESS
Nov 5, 2003

Weathernews finds silver lining in abnormal global patterns

Many countries witnessed abnormal weather this past summer, from devastating heat waves in Europe to economy-chilling cold weather in Japan.
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 3, 2003

Debt-saddled Daiwa seeks protection

Daiwa Construction Co. said Friday it has filed with the Tokyo District Court for protection from creditors under the fast-track corporate rehabilitation law.
Japan Times
BUSINESS
May 1, 2003

Flailing Japanese companies, government turn to U.S. recovery 'guru'

Japan, still struggling to find a way out of its bad-loan quagmire, is looking for salvation from a "guru" credited with turning around whole sectors of U.S. industry.
BUSINESS
Jan 31, 2003

Hitachi dropping losers to enhance profits

Hitachi will drop money-losing businesses that now bring in 1.6 trillion yen in annual sales for the Japanese electronics maker in an effort to return to profitability.
JAPAN
Jan 26, 2003

Honda Motor abolishes wages based on seniority

Honda Motor Co. has abolished its seniority-based wage system and introduced performance-based pay for the 40,000 rank-and-file employees at the parent firm and nine subsidiaries, company officials said Saturday.
BUSINESS / ON MANAGEMENT
Jan 14, 2003

The Bad News Bearer: How to look good even if the tidings aren't glad

The scene was a lavish business function, the type we're seeing less and less of these days. Asked by an earnest professor at a prestigious business school what sort of unorthodox job skills he would wish on today's generation of MBAs, the CEO -- and the party's host -- thought a moment before flashing...
JAPAN
Jan 10, 2003

Chief of Osaka finance firm held over investment scam

OSAKA -- The head of an Osaka finance company known as the Swiss Private Fund and former executives of the firm and an affiliate were arrested Thursday for allegedly violating the investment deposit and interest rate control law.
BUSINESS
Jan 8, 2003

Minolta and Konica plan union under holding firm

Konica Corp. and Minolta Co., two of the nation's leading manufacturers of camera and office equipment, announced Tuesday that they will merge their businesses under a holding company in August to survive in the increasingly competitive market.
JAPAN
Jan 1, 2003

Recruiters adapt to a changing job scene

Are the days of the job-offering "recruiter" numbered? In Japan, recruiters are young employees who help their companies woo recent graduates from their alma maters. But the long-standing practice -- criticized for favoring students from a small circle of select universities -- is giving way to more...
Japan Times
JAPAN
Nov 12, 2002

Bank receipts prove aide took kickbacks: lawmaker

A former secretary to farm minister Tadamori Oshima received at least 5 million yen in kickbacks from a consulting company executive for helping contractors land public works contracts, an opposition Democratic Party of Japan lawmaker said Monday.
JAPAN
Nov 4, 2002

Pyramid-sales firm paid partner before going bankrupt

A bankrupt health food company, suspected of using an illegal pyramid sales scheme, paid 2 billion yen to a health-food maker immediately before going bust, according to investigative sources.
BUSINESS
Sep 12, 2002

Hitachi revises down first-half earnings forecast

Hitachi Ltd. on Wednesday revised downward its earnings forecast for the first half of fiscal 2002, blaming thinning profitability of industrial orders and the yen's appreciation.
JAPAN / INTERNATIONAL RATIONALE
Aug 23, 2002

Japan gropes for ideal corporate governance model

The rash of U.S. corporate scandals has rocked the Japanese business community, which until recently admired the success of the American business model.
BUSINESS
Aug 14, 2002

Sky Perfect scores World Cup own goal

Sky Perfect Communications Inc. said Tuesday its group net loss in the first quarter of fiscal 2002 grew more than sixfold from the year before to 19.36 billion yen due to huge costs related to its broadcasting of the World Cup soccer finals.
CULTURE / Books / THE ASIAN BOOKSHELF
Jul 14, 2002

Living outside the box

The days of Japan as the No. 1 business model for the world are long gone, but a new and perhaps more interesting model combining Japanese and Western elements seems to be developing. Unfortunately, the transition from a system based on lifelong employment, seniority and unthinking loyalty to one's company...
Japan Times
JAPAN
Jun 26, 2002

Snow seeks public trust via appointment of consumer guru

With many Japanese companies having finally recognized the importance of beefing up their corporate governance, Snow Brand Milk Products Co. is eager to show it is no exception to this trend.
BUSINESS
Jun 5, 2002

Hitachi, IBM to integrate their hard disk operations

Hitachi Ltd. and International Business Machines Corp. on Tuesday announced an agreement to integrate their hard disk drive businesses under a joint company to be majority-owned by Hitachi.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Tokyo police care for lost umbrellas, keys and flying squirrels
An employee at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo bags, tags and organizes thousands of items.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

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