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August 03, 2025
 

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COMMENTARY
Feb 11, 2003

Sacrifices for material gain

In the 1980s, Japanese economists used to boast of their country's economic prowess and deride U.S. economic decline. To be sure, the U.S. manufacturing industry in those years fell into a miserable condition, and the nation suffered from ever-expanding trade and budget deficits. Yet things began changing...
BUSINESS
Feb 11, 2003

Balance of loans racks up 61st month of decline

The balance of loans by banks fell 4.7 percent in January from a year earlier, marking the 61st consecutive month of decline, the Bank of Japan said Monday in a preliminary report.
JAPAN
Feb 11, 2003

Smoking said drag on image of Osaka

OSAKA -- While municipal officials and local business leaders announce grand construction plans to turn this city into an international center for tourism and conventions, antismoking activist Hiroshi Nogami suggests that to make Osaka more attractive to visitors, they should set their sights much lower...
BUSINESS
Feb 11, 2003

Nissho Iwai targets bonuses to shape up ahead of merger

Nissho Iwai Corp. has proposed to its union that it pay no bonuses to nonmanagement staff in the business year starting April 1, a move that would effectively cut their annual salaries by about 20 percent, company officials said Monday.
BUSINESS / ON MANAGEMENT
Feb 11, 2003

Fatal Distraction: There's no such thing as a 'safe' investment, when it comes to a micromanaging CEO

A news story the other day included a list of a certain CEO's business activities, all on top of his "day" job: part-owner of a golf course, a hunt club and a new marina, each in a different part of the country; silent partner in his son's startup venture; prime mover behind a regional ski resort development;...
Japan Times
BUSINESS
Feb 11, 2003

Boutiques feast on Valentine's frenzy

St. Valentine's Day is a key occasion for confectioners as consumers snap up an estimated 50 billion yen worth of sweets to give to friends and loved ones on Feb. 14.
Japan Times
BUSINESS
Feb 11, 2003

ACCJ welcomes pledge to boost foreign investment

The Japanese government's recent pledge to encourage a doubling in foreign direct investment from overseas is a welcome and appropriate step to help resuscitate the flagging economy, according to the new president of the American Chamber of Commerce in Japan.
BUSINESS
Feb 11, 2003

Key money supply gauge up 2%

Japan's most closely watched money supply gauge rose 2 percent in January from a year earlier, but the balance of quasi-money -- mostly in time deposits -- fell 12 percent, the Bank of Japan said Monday.
JAPAN
Feb 11, 2003

79% in Japan oppose U.S. offensive in Iraq: survey

Nearly 79 percent of those who responded to a recent Kyodo News phone survey said they oppose a U.S.-led military attack on Iraq, the news agency said Monday.
BUSINESS
Feb 11, 2003

Aeon unit sells bedclothes subsidiary

Supermarket chain Aeon Co. said Monday its U.S. arm, Aeon (U.S.A.) Inc., has sold to a Mexican firm all shares in a wholly owned subsidiary that makes bedclothes and other bedding items.
COMMUNITY / How-tos / LIFELINES
Feb 11, 2003

Labor troubles, testing for STDs and settling in

Labor troubles First, an urgent message to J.S. in Yokohama, whose restaurant employer is not paying him the full amount agreed.
JAPAN
Feb 11, 2003

Tokyo appeals bank tax ruling

The Tokyo Metropolitan Government on Monday appealed to the Supreme Court a Jan. 30 Tokyo High Court decision saying a tax imposed exclusively on major banks operating in the capital is illegitimate.
JAPAN
Feb 11, 2003

Oma landowners block J-Power reactor plan

The semigovernmental Electric Power Development Co. (J-Power) said Monday it will move the site of a planned nuclear reactor in Oma, Aomori Prefecture, because it could not persuade landowners to sell their property.
EDITORIALS
Feb 11, 2003

Bond sales to individual investors

The government is set to sell long-term bonds exclusively to individual investors beginning in March -- the first time it will have issued such debt in Japan. On Feb. 3, it started accepting subscriptions at private financial institutions and post offices. Subscriptions for the first week reportedly...
JAPAN
Feb 11, 2003

Investor files suit against ex-Snow Brand executives

An investor in the now-defunct Snow Brand Foods Co., which was at the center of a beef mislabeling fraud last year, filed a 30 billion yen restitution suit Monday against 13 former executives, accusing them of ruining the company through mismanagement.
BUSINESS
Feb 11, 2003

Yanase, BMW join hands

The Japan-based units of German automaker BMW AG and import car dealer Yanase & Co. said Monday they will work together to promote sales of BMW cars in Japan.
BUSINESS
Feb 11, 2003

Current account surplus up 33.8%

Japan's current account surplus grew 33.8 percent in 2002 from a year earlier, marking the first rise in four years, mainly due to a jump in exports to other parts of Asia, the Finance Ministry said Monday.
Japan Times
ENVIRONMENT / ANIMAL TRACKER
Feb 11, 2003

Stick insect

* Japanese name: Nanafushi * Scientific name: Phraortes elongatus * Description: Stick insects belong to the order of insects called Phasmida, which derives from phasma, the Latin word for phantom. It's easy to identify a stick insect, but it is seeing it in the first place that is difficult, because...
JAPAN
Feb 11, 2003

Murder suspect may have killed before

A 29-year-old man charged with committing a murder in July in Tokyo was served a fresh warrant Monday in connection with a slaying in 2000, police said.
BUSINESS
Feb 11, 2003

Bank capital guidelines due by late March

The government will come up with guidelines by the end of March for assessing efforts by banks to increase their capital, according to Financial Services Minister Heizo Takenaka.
BUSINESS
Feb 11, 2003

Mizuho unit to cut prime lending rate

Mizuho Corporate Bank, a unit of Mizuho Holdings Inc., said Monday it will cut its long-term prime lending rate by 0.1 percentage point to 1.55 percent per year, matching the record low marked in July 2001.
Why did such a powerful earthquake produce such a weak tsunami?
A person records images of waves following a tsunami advisory generated by local authorities after an earthquake struck off Russia's Kamchatka Peninsula, prompting warnings and evacuations stretching across at the South Pacific, in Vina del Mar, Chile, on Wednesday.
Last soldiers of Imperial Japanese Army have a warning for younger generations
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
Japanese students struggle with description-type tests
The average correct answer rate for description-type questions in the Japanese-language section of the fiscal 2025 national achievement test for third-year junior high school students was as low as 25.6%, according to the education ministry.
Severe Tropical Storm Krosa approaches eastern Japan
Severe Tropical Storm Krosa is expected to pass east of the Boso Peninsula in Chiba Prefecture on Saturday morning.
Japan's jobs-to-applicant ratio falls to 1.22 in June
Japan's seasonally adjusted effective job-to-applicant ratio dipped to 1.22 in June, down 0.02 point from the previous month, according to the labor ministry.
Junglia brought dinos back to Okinawa. But will it bring tourists?
At Panorama Dining, one of Junglia’s two proper restaurants that also doubles as the rooftop Inifinity Terrace overlook, guests can pay extra to sit in balcony tables made to look like birds’ nests overlooking the park grounds.
From Osaka to the NHL: Jordan Spence hopes to inspire young Japanese hockey players
Ottawa Senators defenseman Jordan Spence helps lead the Dreamskate Japan hockey camp in Tomakomai, Hokkaido, on July 5.
Coordination office marks first step in U.S. Forces Japan’s shift to ‘warfighting’ command
U.S., Japanese and Australian staff work in the JJOC Cooperation Team office at the U.S. Army’s Hardy Barracks in central Tokyo in this image posted to the Australian Embassy's X account on July 25.
GTN takes a chance on newcomers to Japan
Hiroyuki Goto, president of GTN. The company started after Goto personally co-signed leases for around 20 non-Japanese people, including some friends and friends of friends.
Artist Chiharu Shiota weaves a hidden marvel on Teshima
“Memory of Lines” is Chiharu Shiota’s second art installation on Teshima as part of the Setouchi Triennale.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear
By Jason Coskrey

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