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Eiji Arima
For Eiji Arima's latest contributions to The Japan Times, see below:
BUSINESS
Jul 16, 2002
Stock falls spell bargains
Stocks are falling sharply worldwide, evidently reflecting worries over accounting scandals in corporate America. Investors appear to be panic-stricken and fleeing from the stock market.
BUSINESS
Jun 11, 2002
Investors warned to take defensive stance
Although a government report released last week shows a strong economic pickup in the first quarter, skepticism remains.
BUSINESS / TAKING STOCK
May 8, 2002
Time for caution, not imprudent optimism
After holding out for some time against market adjustments in the United States and Europe, Tokyo stock prices fell broadly Tuesday amid fears of contagion from this week's tumble in New York share prices.
BUSINESS / TAKING STOCK
Apr 2, 2002
Strong start doesn't ease fears
The Tokyo stock market rang in the new fiscal year on a positive note Monday, ignoring worries about the underlying economic reality.
BUSINESS / TAKING STOCK
Feb 26, 2002
Banks to need public funds
The question now is whether the government should inject public funds into banks anew to stabilize the financial system.
BUSINESS / TAKING STOCK
Jan 8, 2002
Sense of crisis means steps are in the offing
The Tokyo stock market finds itself in a do-or-die situation at the beginning of the new year.
BUSINESS / TAKING STOCK
Nov 13, 2001
Bank stocks looking grim
Bank stocks are floundering amid concerns over the limited progress being made in the disposal of bad loans.
BUSINESS / TAKING STOCK
Oct 2, 2001
Reforms still in wait mode
The terrorist attacks in the United States sent shock waves through stock markets around the world.
BUSINESS / TAKING STOCK
Aug 21, 2001
Credit-easing steps by BOJ give light relief
The Tokyo stock market staged a strong rebound earlier last week, reacting positively to the Bank of Japan's decision to further ease its grip on credit.
BUSINESS
Jun 12, 2001
Earnings to decline in 2001
Many companies are forecasting a leveling-off of profits on a pretax basis for the current business year.
BUSINESS
May 8, 2001
Prepare for Koizumi failure
Stock prices have firmed up, reflecting market expectations that Prime Minister Junichiro Koizumi will push for structural reform.
BUSINESS
Apr 3, 2001
LDP must balance fiscal, party interests
While Tokyo stocks continue to fluctuate wildly, some market participants are saying that stocks have bottomed out and have started an upward surge, following the Bank of Japan's effective return to a "zero-interest-rate" policy and commercial banks' accelerated disposal of bad loans.
BUSINESS
Feb 27, 2001
Japan lacking tools to bolster economy
The economy has eroded into a pathetic situation as corporate capital spending, now the sole driving force for economic growth, is thought certain to decline in light of machinery orders received.
BUSINESS
Feb 27, 2001
Japan lacking tools to bolster economy
The economy has eroded into a pathetic situation as corporate capital spending, now the sole driving force for economic growth, is thought certain to decline in light of machinery orders received.
BUSINESS
Jan 16, 2001
Pessimism spells bargains
The Tokyo stock market began the 21st century lackluster amid concern over the stalled economic recovery and selloffs to unwind cross-shareholding ties.
BUSINESS
May 30, 2000
Setback fuels recovery doubt
Feeling the jolts of unstable stock markets worldwide, the Tokyo bourse has been hit by sharp corrections since the start of April.
BUSINESS
Mar 7, 2000
Market ready to take off
The key Nikkei average is hovering around 20,000, shrugging off worries about corporate sales to unwind cross-shareholding ties.
BUSINESS
Feb 1, 2000
Market in correction mode after sharp rises
Tokyo stocks have been unstable since the start of the year apparently in reaction to overheated buying of information and communications issues in December and a resultant rise in prices of value stocks, or stocks of low price-to-earnings ratios.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on