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BUSINESS
Mar 8, 2001

Nissan bonus payments to meet union demands

Nissan Motor Co. announced Wednesday it will pay its union members a bonus this year equal to 5.2 months in salary, meeting the demands of the automaker's labor union.
BUSINESS
Mar 8, 2001

Hitachi Chemical sees profit rise

Major synthetic resin maker Hitachi Chemical Co. said Wednesday it has revised upward its parent-only net profit projection for fiscal 2000 to 7.9 billion yen from the 6 billion yen forecast earlier.
JAPAN
Mar 8, 2001

Mori ready to resign, LDP officials suggest

Prime Minister Yoshiro Mori has decided to step down in late March or early April, soon after the Diet passes the fiscal 2001 budget, a senior member of Mori's faction in the Liberal Democratic Party said Wednesday.
BUSINESS
Mar 8, 2001

Travel firms prepare for merger

Nippon Travel Agency Co. and Kinki Nippon Tourist Co. announced Wednesday they have set up a company to prepare for their planned merger in 2003.
BUSINESS
Mar 8, 2001

Hayami sticks to his guns over monetary easing

Bank of Japan Gov. Masaru Hayami reiterated Wednesday that the state of the economy and price trends will guide the BOJ's decision on whether to revive its "zero-interest-rate" policy and implement quantitative monetary easing.
BUSINESS
Mar 8, 2001

Book-closing factor may clip dollar's wings

The yen could remain under downward pressure for some time amid growing worries about economic and stock market prospects in Japan.
JAPAN
Mar 8, 2001

DPJ begins campaign to attract female voters

The Democratic Party of Japan, the largest opposition party, has established a task force charged with bolstering the party's support among women voters in the House of Councilors election slated for July.
JAPAN
Mar 8, 2001

Kansai taxiway gets sinking feeling

OSAKA -- Kansai International Airport has started repair work on a huge depression on a taxiway that is expected to take several months to complete, an airport official said.
BUSINESS
Mar 8, 2001

L.A. market touted as gold mine for struggling midsize firms

Mired in a decade-long economic slump, Japan may not seem to be the most eager country to engage in massive direct investment abroad. But Lee Harrington, president and CEO of the Los Angeles County Economic Development Corp., doesn't see it that way.
SPORTS / SPORTS SCOPE
Mar 8, 2001

'Samurai' blazing a trail in XFL

Being a pioneer has its rewards, but as many a sports trailblazer has learned over the years, going where no one else has gone before is not all glory. In fact, it can be downright tough.
BUSINESS
Mar 8, 2001

Foreign currency reserves decline

The nation's foreign currency reserves totaled $363.69 billion as of the end of February, down by $529 million from the previous month, the Finance Ministry said Wednesday.
BUSINESS
Mar 8, 2001

S&P lowers ratings for power firms

Standard & Poor's Corp. on Wednesday lowered credit ratings for Tokyo Electric Power Co., Chubu Electric Power Co. and Kansai Electric Power Co. due to their high debt burdens and increasing competition in the electricity market.
JAPAN / STAGING A COMEBACK
Mar 8, 2001

Business law changes just scratch surface

Satoshi "Sonny" Koike believes Japan's commercial laws are rigid and inhibitive. Instead of accepting the status quo, however, the 41-year-old entrepreneur has used loopholes in vaguely worded legal terms to stake a claim in the fast-changing world of the Internet.
BUSINESS
Mar 8, 2001

Four Tokyo 'shinkin' banks to unite

banks said Wednesday they will merge on an equal footing, possibly in January, to create the nation's eighth-largest shinkin bank in terms of deposits. The combined deposits of Asahi Shinkin Bank, Edogawa Shinkin Bank, Kyoseki Shinkin Bank and Bunkyo Shinkin Bank were 1.637 trillion yen as of Jan. 31,...
LIFE / Food & Drink / WINE WAYS
Mar 8, 2001

Rendezvous at Foodex

Japan's wine world is once again gearing up for the biggest event of the year: Foodex Japan 2001, the massive annual international food and drinks event to be held March 13-16 in the sprawling halls of the Nippon Convention Center (Makuhari Messe). The 26th Foodex Japan will be the most spectacular one...
BUSINESS
Mar 8, 2001

Matsushita Communication in tieup

Matsushita Communication Industrial Co. said Wednesday that it has teamed up with U.S.-based Iridian Technologies Inc. to license basic biometric recognition technology and jointly develop next-generation systems for recognizing irises.
JAPAN
Mar 8, 2001

MSDF lieutenant sentenced to 10-month term for spying

A former Maritime Self-Defense Force officer was sentenced Wednesday to 10 months in prison for passing two classified defense documents to a Russian Military attache in June.
COMMENTARY / World
Mar 8, 2001

Genetically modified corn slips into human food chain

The safety of the nation's food has recently been called into question following the discovery of StarLink corn in a shipment of corn imported from the United States.
JAPAN
Mar 8, 2001

10 Nishi-Azuma climbers rescued

Ten middle-aged and elderly climbers were rescued Wednesday near the top of Mount Nishi-Azuma, which straddles the border of Yamagata and Fukushima prefectures, after spending two nights in a snowbound hut, police said.
JAPAN
Mar 8, 2001

Eyes in the sky to combat illegal dumping

UTSUNOMIYA, Tochigi Pref. -- Searching for garbage from space -- it sounds like a science fiction plot of questionable quality.
LIFE / Food & Drink / TOKYO FOOD FILE
Mar 8, 2001

Pizza, extra artistry, hold the delivery

Sometimes the craving strikes and second-best just won't do.
BASEBALL / MLB
Mar 8, 2001

Central League to cooperate in Olympic effort

The Central League said Tuesday it will make a concerted effort to allow more of its professional baseball players to join Japan's national baseball team for the 2004 Summer Olympics in Athens.
LIFE / Food & Drink / NIHONSHU
Mar 8, 2001

Life after sake's zing has gone

Just like wine, sake has a very short life span once the bottle has been opened. In fact, like wine, sake should be consumed soon after opening to ensure that delicate fragrances and flavors remain intact. Although this varies from sake to sake, in most cases the more delicate and refined the flavor...
EDITORIALS
Mar 7, 2001

Don't throw in the towel on free trade

Japan's towel makers have made a formal request to the government to curb rising textile exports from China and other developing countries. Emergency import restrictions, known as safeguards, are internationally recognized as an exception to the free-trade rules of the World Trade Organization. So far,...
JAPAN
Mar 7, 2001

Isahaya Bay project suspended

The government will suspend a land reclamation project in Isahaya Bay, Nagasaki Prefecture, to allow data to be collected from the reservoir formed by the dike that is blamed for the area's poor seaweed crop this season, Farm Minister Yoshio Yatsu said Tuesday.
SOCCER / J. League
Mar 7, 2001

Cup dates lined up

Shimizu S-Pulse will visit BEC Tero Sasana at Bangkok for the first leg of the Asian Cup Winners' Cup quarterfinals March 24, the J. League club announced Tuesday.
BUSINESS
Mar 7, 2001

Stock slump offers bargains if floor forms

The Tokyo Stock Exchange remains mired in a depressed price range, with the benchmark Nikkei average flirting with its lowest level in more than 15 years.

Longform

The students at Mitaka Municipal No. 7 Junior High School have access to various cooling devices for when they play sports.
Japan's extreme heat is causing a rethink of school sports