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August 07, 2025
 

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EDITORIALS
May 24, 2001

Stopping pork barrel at the source

Barely a month on the job, Prime Minister Junichiro Koizumi has yet to flesh out his reform blueprint. In this sense, he can be likened to a painter who has only just finished the outlines of a portrait. Now, however, he is about to draw a bold nose smack in the middle of the canvas. We refer to his...
BUSINESS
May 24, 2001

Footwork Express rehab gets funding

The governmental Development Bank of Japan and Fuji Bank said Wednesday they have extended 700 million yen in cofinancing to failed Footwork Express Co.
JAPAN
May 24, 2001

Energy initiatives at local level stressed

YASU, Shiga Pref. -- Initiatives by local governments in cooperation with residents are indispensable in cutting power consumption and promoting renewable energy, Takeshi Wada, a professor at Ritsumeikan University in Kyoto, said Wednesday at the opening of a meeting of local governments pushing green...
BUSINESS
May 24, 2001

Aqualine energized by new tolls

Daily traffic on the Aqualine bridge-tunnel span of Tokyo Bay rose 31.6 percent in fiscal 2000, following toll reductions introduced last summer, the transport ministry said Wednesday.
BUSINESS
May 24, 2001

Chuo Mitsui to buy Sakura Trust

Chuo Mitsui Trust & Banking Co. will acquire Sakura Trust & Banking Co., a subsidiary of Sumitomo Mitsui Banking Corp., in an effort to improve efficiency within the trust business of the Sumitomo Mitsui financial group, bank sources said Wednesday.
JAPAN
May 24, 2001

Ministry panel mulls reducing ODA

A Foreign Ministry panel began discussions Wednesday on how official development assistance can meet Japan's national interests amid mounting calls for the reduction of the ODA budget in the current economic climate.
BUSINESS
May 24, 2001

Honda merges sales units

Honda Motor Co. said Wednesday it will merge three subsidiaries to form a new motorcycle sales unit in August to strengthen its domestic bike business.
JAPAN
May 24, 2001

Four arrested in house robbery

Police arrested four men Wednesday on suspicion of breaking into the house of a telephone dating club operator in February and stealing about 100 million yen in cash and 40 million yen in jewelry.
BUSINESS
May 24, 2001

Employees encouraged to start ventures

When Noriyuki Ichihashi, an employee of Itochu Corp., proposed his idea to the firm's Internet venture incubation office about a year ago, the trading house was quick to give him the green light. Within a month, the 34-year-old had set up a planning company.
JAPAN
May 24, 2001

Koizumi must deliver before hoopla fades

Staff writers Reformist Prime Minister Junichiro Koizumi seems to know too well that what counts is his image.
BUSINESS
May 24, 2001

Toyota tops income list: research firm

Toyota Motor Corp. declared 483.1 billion yen in taxable income for calendar 2000, the largest declaration by a Japanese firm in the year, private research firm Teikoku Databank Ltd. said in a report released Wednesday.
BUSINESS
May 24, 2001

Fuji Heavy sees falling profits on weak euro

Fuji Heavy Industries Ltd. said Wednesday its consolidated pretax profit for fiscal 2000 dropped 17.8 percent to 71.5 billion yen, mainly due to sluggish sales in Europe and the yen's strong performance against the euro.
BUSINESS
May 24, 2001

Tobishima reports return to profit

Construction firm Tobishima Corp. said Wednesday its group net balance returned to the black in fiscal 2000, mainly due to sales of securities holdings.
BUSINESS
May 24, 2001

BOJ united on quantitative easing

The policy-setting panel of the Bank of Japan voted unanimously for maintaining quantitative monetary easing, in which it sets a roughly 5 trillion yen target for the outstanding balance of its current accounts, according to the minutes released Wednesday of its meeting April 12 and 13.
JAPAN
May 24, 2001

State won't appeal court ruling on redress for Hansen's patients

The government decided Wednesday not to appeal a landmark court ruling ordering the state to compensate former Hansen's disease patients for violating their basic human rights by forcing them to be isolated in sanitariums.
COMMENTARY / World
May 24, 2001

Rampant piracy posing political problems for Southeast Asia's policymakers

Piracy is alive and well in Southeast Asia, and it is posing political problems for policymakers. Piracy incidents in and around the Straits of Malacca and Singapore have recently increased at an alarming rate -- in both number and severity. But these modern pirates are a far cry from the swashbuckling...
BUSINESS
May 24, 2001

Matsushita Electric allies with Hitachi

Matsushita Electric Industrial Co. and Hitachi Ltd. formally announced Wednesday an alliance to promote businesses centering on information services and home appliances.
JAPAN / INTERNATIONAL RATIONALE
May 24, 2001

Foreign managers bring change to corporate life

Takashi Sato of Mitsubishi Motors Corp. fears he may be transferred because of his poor command of English -- a potentiality that was unthinkable until last year.
JAPAN
May 24, 2001

Koizumi's popularity propels LDP poll rating to two-year high

The Cabinet of Prime Minister Junichiro Koizumi continues to enjoy better than 85 percent support among voters, and his appeal even lifted the LDP above the 40 percent support line for the first time in almost two years, according to a Kyodo News poll released Wednesday.
BUSINESS
May 24, 2001

Mitsui hopes for listing on NYSE

Mitsui & Co. said Wednesday it will try to list its shares on the New York Stock Exchange as early as next year as part of its new three-year management plan.
BUSINESS
May 24, 2001

Sumitomo Heavy posts 28.6 billion yen net loss

Sumitomo Heavy Industries Ltd. said Wednesday its group net loss swelled to 28.61 billion yen in fiscal 2000 from the previous year's 6.33 billion yen, remaining in the red for three years in a row on sluggish revenues and heavy restructuring costs.
JAPAN
May 24, 2001

15,000 more day-care centers vowed

The government has decided in principle to provide an additional 15,000 after-school day-care centers for elementary school children by fiscal 2004, using vacant classrooms, government officials said.
BUSINESS
May 24, 2001

Hankyu profits jump to 6 billion yen

Hankyu Department Stores Inc. said Wednesday its group pretax profit for fiscal 2000 jumped 25.2 percent to 6.21 billion yen despite a sales drop of 2 percent to 394.96 billion yen.
BUSINESS
May 24, 2001

Trains, ships eyed to haul more cargo

The government will seek to reduce the amount of pollution caused by the domestic long-distance cargo transportation system by shifting from trucks to trains and ships, according to a draft report obtained Wednesday.
JAPAN / Science & Health / NATURAL SELECTIONS
May 24, 2001

Bone collectors dig into our past

Two papers published today shed light on our early evolution, though "early" is a relative term. The first describes what could've been the first species of mammal, a tiny beast that quivered in the shadows of the dinosaurs 195 million years ago. The second reports on a shift in eating habits of early...
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
China’s unbeatable new production model export
China is not merely moving more goods; it is exporting a new, ruthlessly efficient production model powered by automation, AI and state-guided industrial optimization.
Trump: The $550 billion pledged by Japan is 'our money'
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.
Japan swelters as previous heat record melts
A worker tries to cool down a street in central Tokyo Tuesday as wide swaths of the Kanto region sweltered under intense heat. In Gunma Prefecture, the temperature rose 41.8 degrees Celsius, the highest ever recorded in Japan.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.
Fuji Rock's weekend of surprises was one of its best yet
Radwimps lead singer Yojiro Noda threw himself into the rock band’s Green Stage performance ahead of headliner Vampire Weekend.
How Trump is gaslighting on climate change — with Japan’s help
The Bishu Maru LNG tanker, owned by Kawasaki Kisen Kaisha, next to the Freeport LNG terminal in Texas
With a new distillery, Suntory makes a spirited move on gin market
A staff inspects a distillation pot still at Suntory's new Osaka Spirits & Liqueurs Craft Distillery, which will focus on gin production and help Suntory capture a bigger slice of the fast-growing gin market.
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.

Podcast

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

Longform

A mushroom cloud from the atomic bombing on Hiroshima taken from a U.S. military aircraft on Aug. 6, 1945. Copying the photo without permission is prohibited.
80 years on, a Japanese American hibakusha recalls the day the bomb dropped
By Elizabeth Beattie

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Muji has been sustainable from the beginning

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