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Taiga Uranaka
BUSINESS
May 31, 2005
Odakyu chief, group execs to resign over phantom shareholder coverup
Odakyu Electric Railway Co. said Monday that its chairman and group CEO Kunio Toshimitsu will resign on June 10 to take responsibility for its coverup of phantom shareholders.
Japan Times
BUSINESS
May 27, 2005
Tamagotchi's rebirth sparking new sales binge
Every day for more than a year, phones at Hakuhinkan Toy Park have been ringing off the hook when the store opens at 11 a.m.
BUSINESS
May 24, 2005
Insurers pay the price for last year's typhoons
Due to record natural disaster-related claims caused by the unprecedented number of typhoons last year, Japan's three largest nonlife insurers on Monday reported sharp drops in fiscal 2004 profits.
BUSINESS
May 17, 2005
Quasi-brews jack up beer sales
Shipments of malt-free beerlike beverages grew 4.6-fold in April compared with the same month the previous year, accounting for 19.4 percent of the total market, according to industry figures unveiled Monday.
BUSINESS
May 13, 2005
TSE to delist Kanebo over accounting scandal
The Tokyo Stock Exchange announced Thursday that it has decided to delist Kanebo Ltd. on June 13 over a massive case of accounting fraud.
BUSINESS
May 13, 2005
Steelmakers make hay as demand keeps rising
Strong global demand offset rising materials prices in fiscal 2004, allowing Japan's major steelmakers to log record earnings, according to earnings reports released through Thursday.
BUSINESS
May 12, 2005
Kirin to hawk canned 'chuhai' in Chinese market
Kirin Brewery Co. will launch its "chuhai" canned cocktails in Shanghai in mid-June, hoping to establish itself as a brand to be reckoned with in the rapidly growing but fiercely competitive market, company officials said Wednesday.
BUSINESS
May 11, 2005
Bandai profit falls on weak U.S. sales
Bandai Co. said Tuesday its net profit fell 21 percent to 11.23 billion yen for the year ended in March, dragged down by a weak performance in the United States.
BUSINESS
May 11, 2005
NTT DoCoMo reports first decline in profit
NTT DoCoMo Inc. on Tuesday reported its first decline in both profit and revenue since it went public in 1998, after resorting to aggressive discount programs to lure subscribers.
BUSINESS
May 10, 2005
Hot summer hits Disney operator Oriental Land
Oriental Land Co., the operator of Disney theme parks in Japan, said Monday its net profit for fiscal 2004 dropped 7 percent to 17.22 billion yen as an unusually hot summer hit visitor numbers.
Japan Times
BUSINESS
May 3, 2005
Japan tries to get aerospace industry off the ground
A joint government-private sector project is under way to develop passenger jets with the ultimate goal of commercial production.
BUSINESS
Apr 29, 2005
Electronics makers lost billions on price falls in '04
Major electronics makers lost hundreds of billions of yen in potential profits due to rapidly falling prices in fiscal 2004, and they expect the trend to continue in the current fiscal year.
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
Apr 27, 2005
TVs, phones give Sharp record profit
Sharp Corp. said Tuesday its net profit for fiscal 2004 jumped 27 percent to a record 76.85 billion yen, driven by brisk sales of liquid crystal display TVs and mobile phones.
BUSINESS
Apr 22, 2005
TSE guides companies on poison pill measures
The Tokyo Stock Exchange has compiled guidelines on defensive measures firms can take against hostile takeover bids, bourse officials said Thursday.
BUSINESS
Apr 20, 2005
Toshiba chief Nishimuro to be TSE chairman
Taizo Nishimuro, chairman of Toshiba Corp., will become the Tokyo Stock Exchange's first chairman, pending shareholder approval in June, the bourse announced Tuesday.
BUSINESS
Apr 16, 2005
Daiei records another heavy loss
Struggling retailer Daiei Inc. reported Friday a consolidated net loss of 511.2 billion yen for the year through February, with the firm having booked hefty restructuring costs.
BUSINESS
Apr 15, 2005
JVC expects 2 billion yen net loss on weak European sales
Victor Co. of Japan is expected to report a net loss of 2 billion yen for fiscal 2004 after being battered by weak sales in Europe, company officials said Thursday.
BUSINESS
Apr 14, 2005
Lawson, FamilyMart post robust growth in earnings
Lawson Inc. said Wednesday its net profit for the year that ended in February rose 10 percent to a record 20.44 billion yen, buoyed by strong sales and aggressive store-openings.
BUSINESS
Apr 12, 2005
Hostile rallies put companies on edge
Japanese firms doing business with China are taking precautionary measures following a raft of violent anti-Japanese rallies there over the weekend.

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