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July 16, 2024
 

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BANKRUPTCY

Japan Times
JAPAN
Nov 1, 2017
Cash-strapped Toshiba may end sponsorship of 'Sazae-san' cartoon after 48-year run
Toshiba Corp., which incurred massive losses from the bankruptcy of its U.S. nuclear unit, is considering quitting as sponsor for the popular cartoon show "Sazae-san" after 48 years, sources said Tuesday.
Japan Times
BUSINESS
Oct 3, 2017
Flying since 1968, U.K.'s Monarch Airlines goes bust, marooning over 100,000 tourists
Britain's Monarch Airlines collapsed on Monday, causing the cancellation of hundreds of thousands of holidays, after falling victim to intense competition for flights and a weaker pound.
Japan Times
WORLD / Politics
Sep 27, 2017
Trump boasts his team doing 'really good job' but hurricane-hit Puerto Rico begs to differ, feels slighted
President Donald Trump said on Tuesday his administration was doing a "really good job" helping Puerto Rico recover from the devastation of Hurricane Maria despite complaints that federal aid has been too slow to reach the U.S. territory.
Japan Times
BUSINESS
Aug 16, 2017
Lufthansa seen circling as Air Berlin files for protection after Etihad pulls support
Air Berlin, Germany's second-largest airline, filed for bankruptcy protection on Tuesday after key shareholder Etihad Airways withdrew funding following years of losses, leaving valuable runway slots up for grabs.
Japan Times
BUSINESS / Companies
Jun 26, 2017
After global air bag recall, Takata files for bankruptcy in Japan and U.S.
Air bag maker Takata Corp., facing an estimated u00a51.7 trillion in liabilities, looks to restructure under the sponsorship of a U.S.-based and Chinese-owned company.
Japan Times
BUSINESS / Companies
Jun 25, 2017
Takata bankruptcy filing might put auto industry's biggest recall at risk
The expected bankruptcy of troubled air bag maker Takata Corp. isn't just a crisis for its employees and suppliers — it also throws a wild card into one of the most complicated recalls in automotive history.
Japan Times
BUSINESS
Jun 16, 2017
End of the road for Takata? Air bag maker may file for bankruptcy next week
Beleaguered air bag maker Takata, buried under liability claims linked to its defective inflators, is about to file for bankruptcy, sources say.
Japan Times
BUSINESS / YEN FOR LIVING
Apr 22, 2017
Tellmeclub's bankruptcy grounds discount travel services
On March 27, discount travel company Tellmeclub filed for bankruptcy while a number of its Japanese customers were still overseas on package tours.
Japan Times
JAPAN
Apr 21, 2017
Moritomo Gakuen applies for bankruptcy protection
The troubled Osaka school operator at the center of national political scrutiny applied for protection from creditors on Friday via court-mediated rehabilitation.
BUSINESS
Apr 10, 2017
Bankruptcies fell to 26-year low in fiscal 2016
The number of business failures of Japanese companies with debts of at least ¥10 million fell to a 26-year low in fiscal 2016, according to credit research agency Tokyo Shoko Research.
Japan Times
BUSINESS / Companies
Mar 27, 2017
Discount travel agency Tellmeclub files for bankruptcy
Tokyo-based travel agency Tellmeclub filed for bankruptcy with the Tokyo District Court on Monday with liabilities estimated at ¥15.1 billion, including ¥9.9 billion relating to 36,000 travel contracts.
Japan Times
BUSINESS / YEN FOR LIVING
Feb 25, 2017
Popularity of card loans add to financial woes
Supreme Court records show that there were 64,637 filings for personal bankruptcy in 2016, an increase of 781 cases over 2015, thus marking the first increase in 13 years.
BUSINESS / Companies
Feb 24, 2017
Toshiba's U.S. unit Westinghouse to explore Chapter 11 bankruptcy: sources
Toshiba Corp. will explore Chapter 11 bankruptcy for U.S. nuclear power unit Westinghouse Electric Co. among options to rebuild the business while using proceeds from the sale of its mainstay chip business to continue operating it, sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Nov 4, 2016
Source says Takata's U.S. unit is considering filing for bankruptcy
The U.S. unit of Takata Corp. is considering filing for Chapter 11 protection under the federal bankruptcy code, a source close to the matter said Friday, a move apparently aimed at seeking a sponsor to help pay for the cost of the global recall of its air bag inflators that have been linked to at least...
BUSINESS / Companies
Oct 11, 2016
Takata considers bankruptcy for U.S. unit
Takata Corp. is considering bankruptcy protection for its U.S. unit, among other options, a person with knowledge of the matter said.
Japan Times
BUSINESS
Sep 26, 2016
Deserted Yubari tries creating new population nucleus in test case for Japan
A former coal-mining town in Hokkaido is taking unprecedented measures to combat its biggest challenge: a devastating shrinking of its population. Its success could decide the future for hundreds of other local governments waging the same battle for survival.
Japan Times
WORLD / Science & Health
Apr 22, 2016
Solar developer SunEdison files for bankruptcy after aggressive growth plan unravels
SunEdison Inc., once the fastest-growing U.S. renewable energy company, filed for Chapter 11 bankruptcy protection Thursday after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable.
BUSINESS / Companies
Sep 29, 2015
Shipping firm Daiichi Chuo Kisen files for bankruptcy
Shipping firm Daiichi Chuo Kisen Kaisha said Tuesday it has filed for bankruptcy protection. It reported liabilities of ¥119.6 billion.
Japan Times
BUSINESS
Aug 21, 2015
Finland's Santa center goes bust as Russian visitors slide
Finland's Santa Claus Office has been declared bankrupt over unpaid taxes after a sharp drop in visits from recession-hit Russians, once the center's best customers.
BUSINESS
Aug 4, 2015
Investigators say Mt. Gox was broke six months before bitcoin bourse bit the dust
Bitcoin exchange Mt. Gox Co. appears to have run out of money six months before it announced in February last year that it was filing for bankruptcy after tens of millions of dollars worth of the virtual currency and client funds disappeared, investigative sources said Tuesday.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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