May 2013
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64 articles published/printed


Weaker yen helps Toyota bottom line

May 09, 2013

Weaker yen helps Toyota bottom line

Toyota expects to book group operating profit of ¥1.8 trillion for the current business year, up 36.3 percent from the year before, on the back of the weaker yen and brisk sales in North America and Asia.

High-tech hangers offer shopping tips

May 09, 2013

High-tech hangers offer shopping tips

by Hiroko Nakata

Normally when a customer shops for, say, a jacket or a shirt, it’s up to the salesclerk to suggest matching items to generate a bigger sale. But now high-tech hangers can do the job. When a jacket is lifted from a rack, an embedded ...

Opposition guns for LDP committee chair

May 09, 2013

Opposition guns for LDP committee chair

by Ayako Mie

Opposition parties prepared Wednesday to pass a resolution ousting a senior Liberal Democratic Party lawmaker as head of an Upper House committee, setting the stage for a showdown with the ruling bloc before the Upper House election in July. If passed, it would mark ...

Rescuer becomes Internet sensation

May 09, 2013

Rescuer becomes Internet sensation

The Internet exploded with virtual cheers Tuesday for the colorful U.S. dishwasher who helped three young women flee a decade in captivity. Videos of Charles Ramsey telling reporters how he helped Amanda Berry escape went viral on YouTube, as did a not-safe-for-work recording of ...

TICAD to redefine Japan aid to Africa

May 09, 2013

TICAD to redefine Japan aid to Africa

by Jun Hongo

When the first Tokyo International Conference on African Development was held 20 years ago, circumstances in Japan and Africa were vastly different than they are today. Japan, despite the implosion of the bubble economy by 1993, was still the second-largest economy and the biggest ...

Kuroda stimulus policies backfire as mortgage costs rise

May 09, 2013

Kuroda stimulus policies backfire as mortgage costs rise

by Yumi Ikeda

Bank of Japan Gov. Haruhiko Kuroda’s stimulus policies are backfiring in the housing market, where mortgage rates are rising even as the central bank floods the financial system with cash. Fixed 35-year home-loan costs rose to 1.81 percent this month, the first increase since ...

Toshiba sees profit hike on chip demand

May 09, 2013

Toshiba sees profit hike on chip demand

Toshiba Corp. on Wednesday forecast a 29 percent gain in full-year profit on higher demand for semiconductors and power equipment. Net income may be ¥100 billion for the year ending March 31, compared with ¥77.5 billion a year earlier, the company said in a ...

Dojunkai shown for last time

May 09, 2013

Dojunkai shown for last time

The last two remaining Dojunkai apartment complexes, once considered a symbol of Japanese architectural prowess, were shown to reporters Wednesday before they are demolished in June and their 84-year history comes to an end. Built in the Ueno district in Taito Ward, Tokyo, in ...

Tokyo Skytree drew 1.77 million during Golden Week

May 09, 2013

Tokyo Skytree drew 1.77 million during Golden Week

The number of visitors to Tokyo Skytree hit 1.77 million during the first Golden Week since it opened last year, its operator said. The number of visitors to the 634-meter tower and surrounding facilities between April 27 and Monday exceeded the 1.64 million recorded ...

Scientist illuminates worth of traditional societies today

May 09, 2013

Scientist illuminates worth of traditional societies today

by Tetsuji Ida

Modern societies may have developed powerful political governments and more advanced technologies, but at the same time valuable wisdom and lessons accumulated through human history often become a forgotten past. Drawing on his decades-long career of extensive research in biology, cultural anthropology and other ...

China questions Okinawa ownership

May 09, 2013

China questions Okinawa ownership

Two scholars from an official Chinese research center suggest re-examining the ownership of the Japanese island chain that includes Okinawa, adding to tensions over the Senkaku territorial dispute.

May 09, 2013

China cuts ties with key North Korean bank

The Bank of China ends all dealings with a key North Korean bank in what appears to be the strongest public Chinese response yet to Pyongyang's willingness to push ahead with its nuclear and ballistic missile programs.

May 09, 2013

New nuclear safety standards

One problem with the draft of new safety standards for nuclear power plants is that the job of anticipating the highest possible tsunami is left to each power company.

May 09, 2013

Inflation goal kills BOJ flexibility

The Bank of Japan should not stick to its 2 percent inflation goal at the expense of flexibility in its monetary policy. The goal also could cause undesirable side effects.

U.S. fan revolt threatens Stones tour

May 09, 2013

U.S. fan revolt threatens Stones tour

Could it be the tour too far for the Rolling Stones? Insiders are predicting that the band will have to renegotiate the huge guaranteed fees for their American tour, which opened on May 3, as ticket prices are radically reduced in light of poor ...

Ioka defends WBA crown with knockout

May 09, 2013

Ioka defends WBA crown with knockout

Kazuto Ioka scored a decisive right to the body of Thai challenger Wisanu Kokietgym in the ninth round to successfully defend the WBA light flyweight title for the first time in a world doubleheader on Wednesday night. Referee Mark Nelson ended the bout at ...

Sugiuchi, Blanco win monthly MVP honors

May 09, 2013

Sugiuchi, Blanco win monthly MVP honors

Yomiuri Giants lefty Toshiya Sugiuchi and Yokohama BayStars first baseman Tony Blanco were named the monthly MVPs in the Central League for their outstanding performances in March and April on Wednesday. Seibu Lions right-hander Kazuhisa Makita and Lions left-fielder Takumi Kuriyama won the accolades ...