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November 24, 2024
 

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Japan Times
BUSINESS
Jul 31, 2007

Mitsubishi Motors reports smaller shortfall for quarter

Scandal-marred Mitsubishi Motors Corp. said Monday its losses for the April-June quarter shrank to 8.23 billion yen from the same period last year, boosted by growing sales in North America, Europe and Asia.
Japan Times
BUSINESS / TAKING A CHANCE
Jun 5, 2007

'Takoyaki' czar looks to spread tentacles to U.S.

In Los Angeles last December, Morio Sase had a bout of nerves. What had made him think he could persuade Americans to cast off their culinary prejudices and warm to something with as great an "ick factor" as octopus?
BUSINESS
May 23, 2007

MMC to reduce dealerships in domestic revamp

Mitsubishi Motors Corp. said Tuesday it will start paring its group dealerships to five from 29 on July 1 to help streamline sales channels and turn around its money-losing operations at home.
Japan Times
LIFE / Food & Drink / VINELAND
Apr 13, 2007

What the Japanese are drinking

Recent government data confirm that Japan remains a nation of beer drinkers, with beer and beer-like beverages accounting for nearly two thirds of the 9 billion liters of alcohol consumed last year.
BUSINESS
Feb 1, 2007

Toshiba triples its group net profit in April-December period

Toshiba Corp. reported Wednesday a group net profit of 111.3 billion yen for the first three quarters of its 2006 business year to March -- more than triple from the previous year -- led by robust earnings in the liquid crystal display, home electric appliance and nuclear reactor businesses.
BUSINESS
Oct 27, 2006

Sony profit dives 94% in quarter

Sony Corp.'s group net profit for the July-September quarter took a 94.1 percent nosedive from the previous year due the massive global recalls of its defective lithium-ion batteries and sluggish sales in its gaming division, the company announced Thursday.
Japan Times
BUSINESS
Jul 7, 2006

Foreign carmakers cash in as the rich get richer

One Sunday in June, a man in his 30s visited the spacious BMW showroom in Tokyo's Shinjuku Ward.
BUSINESS
May 26, 2006

FSA orders Sompo suspension

The Financial Services Agency on Thursday ordered Sompo Japan Insurance Inc. to suspend most of its operations for two weeks at all of its offices nationwide for illegal sales practices.
JAPAN
Feb 28, 2006

Convenience stores go gimmicky to hold appeal

Major convenience store chains, which have seen sluggish sales amid severe competition in a highly saturated market, are trying to diversify in a bid to mine more promising market segments.
BUSINESS
Feb 15, 2006

Sompo hits staff for padding contracts

Sompo Japan Insurance Inc. said Tuesday it punished 527 people, including sales staff and their supervisors, last month for illegally padding the number of new contracts they sold to meet internal sales goals.
BUSINESS
Oct 25, 2005

First-half net profit up at Kao

Kao Corp. said Monday its consolidated net profit in the April-September first half of the 2005 business year rose 1.9 percent over the same period the previous year to 38.49 billion yen.
Japan Times
BUSINESS
Aug 27, 2005

Toyota hopes to steal BMW's thunder via Lexus

The Japan launch of Toyota Motor Corp.'s Lexus luxury brand next week is likely to mark the beginning of a period of intense competition in the premium car sector.
JAPAN
Jul 9, 2005

'Cool Biz' dress code spreads through halls of promotion

The "Cool Biz" casual dress code campaign launched by Prime Minister Junichiro Koizumi on June 1 has spread to the bureaucracy, Diet and Supreme Court, but whether the intended effect -- of setting air conditioners at higher levels in cities to reduce carbon dioxide emissions and thus help curb global...
BUSINESS
Jul 2, 2005

MMC recalls Liberos with hazardous tailgate bolts

Mitsubishi Motors Corp. said Friday it is recalling about 209,000 Libero station wagons for free repairs due to defective mounting bolts in the tailgate that caused an injury last year.
COMMENTARY
May 16, 2005

Relax, breathe, leave the smokers alone

WASHINGTON -- One of the most persecuted minorities in America, and increasingly in other countries, is smokers. U.S. cities and states have imposed ever more Draconian restrictions on lighting up a cigarette, and a bipartisan coalition of paternalistic legislators on Capitol Hill now is pushing for...
BUSINESS
Apr 29, 2005

Mazda posts 35% jump in net profit

Mazda Motor Corp. saw group net profit jump 35 percent from a year earlier to a record 45.8 billion yen, while operating profit rose 18 percent to an all-time high of 82.9 billion yen in fiscal 2004, company officials said Thursday.
BUSINESS
Apr 28, 2005

Sony net profit skyrockets 85%

Sony Corp. said Wednesday its consolidated net profit for fiscal 2004 surged 85.1 percent to 163.84 billion yen, thanks to a strong performance by its movie unit.
BUSINESS
Feb 4, 2005

Toyota sees 1 trillion yen year as profit rises 3.5%

Toyota Motor Corp. said Thursday its group net profit in the October-December period rose 3.5 percent from a year earlier to 296.5 billion yen, clearing the way for its profit for the year to March to exceed 1 trillion yen for a second consecutive year.
BUSINESS
Feb 2, 2005

Sharp logs strong quarter on LCDs

Sharp Corp. on Tuesday reported an 18 percent gain in profit for the third fiscal quarter on healthy demand for liquid crystal display television sets and mobile phones with digital cameras.
BUSINESS
Nov 11, 2004

Digital camera makers slash full-year forecasts

One after the other, Japan's major digital camera makers, have slashed their full-year sales forecasts due to fiercer-than-expected competition at home.
BUSINESS
Oct 30, 2004

Nissan's group net profit grows 0.5% to 238.8 billion yen

Nissan Motor Co. said Friday its group net profit for the first half grew 0.5 percent to 238.8 billion yen due to robust sales in the United States and Europe, despite the negative impact of an unfavorable exchange rate and a rise in incentives for dealers.
BUSINESS
Oct 26, 2004

Carmaker's overseas director sees growing demand

Scandal-tainted automaker Mitsubishi Motors Corp. will try to revive itself by promoting overseas sales, which remain stable compared with plunging sales in the domestic market, according to MMC Managing Director Osamu Masuko.
Japan Times
BUSINESS
May 21, 2004

Toyota freshens image, goes after younger drivers

With video games, baby strollers and manicure kits to welcome visitors, dealers at a Toyota showroom in suburban Tokyo are working to convince buyers that today's models have nothing to do with their parents' boring old cars.
BUSINESS
May 12, 2004

Daiei links up with other businesses to target niche customers

Daiei Inc. is collaborating with other businesses for the sake of its survival after nearly collapsing three years ago.
BUSINESS
Apr 29, 2004

Yamaha posts record net profit of 40.1 billion yen

Yamaha Motor Co. said Wednesday that it posted a record consolidated net profit of 40.1 billion yen for fiscal 2003, which ended in March, up 57 percent from the previous year.
BUSINESS
Feb 18, 2004

Struggling Seiyu blames 7 billion yen loss on cold weather

Supermarket operator Seiyu Ltd. said Tuesday its group net loss for the 10 months ending in December came to 7 billion yen, blaming the red ink on the unseasonably cold summer.
BUSINESS
Feb 7, 2004

Matsushita posts 70% growth in profit

Matsushita Electric Industrial Co. said Friday its pretax profit for the October-December quarter jumped 70 percent, driven by robust sales of flat-screen TVs and DVD recorders.
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
Tokyo’s newest three-star chef wants ‘harmony across every detail’
British-born Daniel Calvert earned his third Michelin star last month — a stunning achievement considering his restaurant, Sezanne, has only been open for just over three years.
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.”

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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