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Taiga Uranaka
JAPAN
Oct 11, 2003
Resona to post 1.76 trillion yen loss on writeoffs
Resona Holdings Inc. said Friday it will post a first-half net loss of 1.76 trillion yen, a stark reversal from originally projected net profits of 22 billion yen.
BUSINESS
Oct 10, 2003
Ito-Yokado profit plunges 71.2%
Ito-Yokado Co., Japan's largest retailer, on Thursday became the latest chain to report dismal first-half results due to the cool summer.
Japan Times
BUSINESS
Oct 8, 2003
Sony shows game machine-DVD recorder
CHIBA -- Sony Corp. announced Tuesday it will introduce its "crossover" game console and home entertainment unit on the domestic market for the yearend shopping season.
BUSINESS
Oct 3, 2003
Weather, taxes hit Aeon profits
Aeon Co., the nation's No. 2 retailer, said Thursday its group net profit for the fiscal first half dropped 6.6 percent as the cool summer and tax hikes hurt supermarket sales.
Japan Times
BUSINESS
Oct 1, 2003
Late to offer self-service, gas stations now struggle for profits
Naotake Bando likes the simplicity. The 61-year-old motorist, who recently pulled into a self-service gas station in Chofu, western Tokyo, said he prefers to fill up his car by himself.
Japan Times
BUSINESS / INDUSTRY TRENDS
Sep 25, 2003
Kao to take on Nippon Lever in fall shampoo war
Two major shampoo makers are expected to wage a massive marketing war in the fall, with a domestic giant preparing to battle a foreign competitor for the top spot it lost two years ago.
BUSINESS
Sep 17, 2003
Toshiba forecasts heavier losses
Toshiba Corp. warned Tuesday that its group net loss for the first half is likely to widen to 25 billion yen due to weak personal computer sales.
BUSINESS
Aug 29, 2003
Firms lick their lips over flat-panel TVs
Major consumer electronics makers are rolling out the latest batch of flat-panel TVs for the all-important yearend shopping season.
BUSINESS
Aug 23, 2003
Ito-Yokado cuts earnings outlook
An unseasonably cool summer has chilled the country's retailers, prompting sector leader Ito-Yokado Co. to cut its half-year earnings outlook by 41.4 percent.
Japan Times
BUSINESS
Aug 23, 2003
Bandai's sword-brandishing robot begets yet another corporate acronym
CEO, COO, CFO and even CSO (chief strategy officer) are part of today's simmering pot of corporate alphabet soup as Japan Inc. increasingly adopts U.S.-style management regimens.
Japan Times
BUSINESS
Aug 22, 2003
Ripplewood to buy Japan Telecom unit
Japan Telecom Holdings Co. announced Thursday it has agreed to sell its fixed-line unit to U.S. investment fund Ripplewood Holdings LLC for 261 billion yen.
BUSINESS
Aug 21, 2003
Don Quijote to dispense free drugs in emergency
Discount retailer Don Quijote Co. said Wednesday it will dole out free medicine to night-time shoppers in times of emergency when pharmacists are not available at any of 10 selected outlets in Tokyo.
BUSINESS
Aug 13, 2003
Slightly cooler July puts beer drinkers on wagon
Domestic shipments of beer and its low-malt cousin, "happoshu," logged a 12 percent year-on-year drop in July, according to data released Tuesday by five major brewers.
Japan Times
BUSINESS
Aug 13, 2003
Uniqlo to sex up its product line as part of image makeover
Tadashi Yanai, chairman and chief executive of the company that owns the Uniqlo chain, used to liken his casual clothing stores to "vending machines" that continuously spit out products to thirsty consumers.
BUSINESS
Aug 9, 2003
Tax increase, 'chuhai' take toll on beer sales
The nation's major breweries on Friday reported weak beer sales for the first half of the year, with the economic slump, tax hikes and diversifying consumer taste conspiring to sap demand.
BUSINESS
Aug 9, 2003
McDonald's cuts annual forecast
Struggling restaurant chain McDonald's Holdings Co. (Japan) on Friday cut its full-year earnings forecast by about 50 percent due to weak sales during the first half of the year.
Japan Times
BUSINESS
Aug 6, 2003
Flash memory card formats vie for prominence
Not quite a VHS vs. Betamax sequel. But again, two consumer electronics giants find themselves in opposing camps in a format battle as they crank up production of removable flash memory cards.
BUSINESS
Aug 2, 2003
SARS, Iraq war hit JAL earnings in first quarter
Japan Airlines System Corp. said Friday it lost 77.28 billion yen during the first quarter of fiscal 2003, blaming the Iraq war and the SARS epidemic for the plunge in its international flight passenger volume.
BUSINESS
Jul 26, 2003
Foreign bond sales drive up Nikko Cordial group net profit
Nikko Cordial Corp., Japan's third-largest securities firm, said Friday its group net profit in the first quarter of fiscal 2003 soared more than three-fold, thanks to a jump in sales of foreign bonds.
BUSINESS
Jul 25, 2003
Sony net profit nosedives 98% amid sluggish sales
Sony Corp.'s group net profit for the first quarter of this fiscal year nosedived 98 percent to 1.1 billion yen from a year earlier, the company said Thursday.

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