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September 23, 2025
 

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BUSINESS
Nov 22, 2001

Sumitomo Mitsui sees 150 billion yen loss

Sumitomo Mitsui Banking Corp. announced Wednesday a sharp increase in loan-loss charges and large losses in its shareholdings, prompting it to revise its 2001 earnings forecast from a consolidated net profit of 180 billion yen to a 150 billion yen net loss.
BUSINESS
Nov 22, 2001

BOJ denies report of joint action to combat deflation

BOJ Gov. Masaru Hayami on Wednesday threw cold water on a report that the government and the Bank of Japan will set up a joint team to compile a comprehensive policy to stem the deflationary trend.
JAPAN
Nov 22, 2001

$500,000 to go to Sierra Leone court

Japan decided Wednesday to give $500,000 (about 62 million yen) to the United Nations to help set up a special international court to try those suspected of committing crimes against humanity and war crimes in Sierra Leone, the Foreign Ministry said.
BUSINESS
Nov 22, 2001

Koizumi adamant on reform of state firms

Prime Minister Junichiro Koizumi expressed his determination Wednesday to reform loss-making public corporations despite strong opposition from within his ruling Liberal Democratic Party.
JAPAN
Nov 22, 2001

Second Holstein confirmed with mad cow disease

The Health, Labor and Welfare Ministry said Wednesday it has discovered a second case of mad cow disease in its ongoing inspections, and a panel of experts convened by the ministry formally confirmed the case later in the day.
BUSINESS / ON THE FRONT LINE
Nov 22, 2001

Market fluctuations reflect investor jitters

With signs of an economic recovery nowhere in sight, the Tokyo stock market has been a roller coaster ride in recent weeks.
COMMENTARY / World
Nov 22, 2001

Protecting the public from the threats of terror and depression

In his Sept. 30 New York Times article, "The Fear Economy," MIT economist Paul Krugman warned that the American public should be prepared for a possible deflationary spiral comparable to the Great Depression of the 1930s and Japan's milder but chronic depression of the 1990s. A major depression could...
Japan Times
JAPAN
Nov 22, 2001

Sax player to oversee pavilion at World Expo

World-renowned jazz saxophonist Sadao Watanabe was appointed Wednesday to oversee the Japanese government pavilion during the 2005 World Exposition in Aichi Prefecture, government sources said.
SPORTS / SPORTS SCOPE
Nov 22, 2001

Dark clouds looming in the Sky

I wish Southampton would buy a Japanese player. Sky-Perfect TV would get all excited, send over an army of media and TV crews and, "presto," I would be watching Southampton games every weekend. Christmas would have come early for a frustrated Saints fan who hardly ever gets to see his team play, apart...
BUSINESS
Nov 22, 2001

Utilities eye 'weather derivative' deal

OSAKA -- Kansai Electric Power Co. and Osaka Gas Co. have said they planned to arrange a "weather derivative" contract under which weather risks on profits are to be leveled between the firms.
BUSINESS
Nov 22, 2001

Snow Brand's first-half losses hit 13.7 billion yen

Snow Brand Milk Products Co. on Wednesday posted consolidated net losses of 13.66 billion yen for the first half of fiscal 2001, narrowing the gap from 30.66 billion yen logged in the same period the previous year.
BUSINESS
Nov 22, 2001

Japan may wane as China's star rises: regional expert

Japan should be aware of the quickly changing economic environment in Asia, where China is fast emerging as an economic power and Southeast Asian countries are starting to doubt Japan's ability for regional economic leadership, the visiting chairman of the Singapore Institute of International Affairs...
BUSINESS
Nov 22, 2001

Sumitomo Metal drops into the red

Sumitomo Metal Industries Ltd. said Wednesday it incurred group net losses of 18.21 billion yen in the fiscal half ended Sept. 30, reversing the previous year's profit of 3.67 billion yen.
JAPAN
Nov 22, 2001

Companies agree to pay two CJD patients' bills

A German medical equipment maker and its Japanese importer agreed Wednesday to pay 200,000 yen a month in medical fees to two Creutzfeldt-Jakob disease patients, the patients' lawyers said.
ENVIRONMENT / WILD WATCH
Nov 22, 2001

Alien killers revel in 'cute pet' role

As a family, cats have successfully colonized the Americas, Europe, Africa and Asia, with only Australia among the larger landmasses lacking native species. They range in size from the immense Siberian tiger to the diminutive black-footed cat of southern Africa, and take an equally diverse range of prey....
JAPAN / Science & Health / NATURAL SELECTIONS
Nov 22, 2001

Wise words from Earth's defenders

Most of us have heard warnings that humans are destroying the Earth and all that lives on it since we were toddlers. So much so that the message has lost its urgency. More than that, we've become cynical. What good can we do when in the United States, for example, every bill aimed at cutting back on...
COMMENTARY / World
Nov 22, 2001

Oil fears make attack on Iraq unlikely

LONDON -- "We hear that Iraq may be targeted," said Sheik Ahmed Zaki al-Yamani, oil minister of Saudi Arabia during the 1970s and '80s heyday of the Organization of Petroleum Exporting Countries and now chairman of the London-based Center for Global Energy Studies. "Now, if that is a fact, the attacks...
ENVIRONMENT / OUR PLANET EARTH
Nov 22, 2001

Singing the praises of glorious mud flats

How's this for a writer with a bee in his shorts?: "Upon ratifying the Ramsar Convention, Japan agreed to 'promote the conservation of wetlands and waterfowl by establishing nature reserves in wetlands . . . and providing adequately for their wardening' [Article 4]. So far, Japan has made no effort to...
BUSINESS
Nov 22, 2001

Bill passes to relax stock option rules

The Diet passed a bill Wednesday to revise the Commercial Code to ease restrictions on the granting and exercising of stock options in a bid to stimulate business activity.
LIFE / Digital / NAME OF THE GAME
Nov 22, 2001

When cartoons go wacky

The brains at Microsoft could have fixed it so that you had to purchase an Xbox game console to play "Cel Damage," but they didn't.
BUSINESS
Nov 21, 2001

Second extra budget 'being considered': Koizumi

Prime Minister Junichiro Koizumi said Tuesday he is considering compiling a second supplementary budget for this fiscal year, indicating the government has started discussions on its size and contents.
BUSINESS
Nov 21, 2001

Katayama seeks postal compromise

Posts minister Toranosuke Katayama said Tuesday he will try to seek a compromise by the end of the year over the controversial issue of whether to liberalize the state-run postal services sector.
JAPAN
Nov 21, 2001

Families of CJD victims urge government to settle

The families of people who died of Creutzfeldt-Jakob disease contracted from transplants of dura mater, along with three surviving victims, submitted letters Tuesday to two courts urging the national government to settle damages suits quickly.
BUSINESS
Nov 21, 2001

Minister favors tobacco 'health tax'

Health, Labor and Welfare Minister Chikara Sakaguchi said Tuesday he is in favor of introducing a "health tax" on tobacco, an idea being considered by the government and the three-party ruling coalition.
40 years after Plaza Accord, Japan still at mercy of forex swings
The Plaza Hotel in New York, where finance ministers and central bank chiefs from the Group of Five countries met and struck the Plaza Accord on Sept. 22, 1985.
As Japan keeps buying gas, Aboriginal Australians pay the price
Paulina “Jedda” Puruntatameri with Antonia Burke and Tiwi fisher Clinton offshore of Melville Island, one of the Tiwi Islands, in Australia's Northern Territory. Together with other Tiwi, Jedda has been campaigning for years to stop Australian company Santos and its backers, including Japanese investors, from drilling for natural gas at the Barossa gas field.
Abuse of 'zombie cigarettes' among Okinawa youths raises alarm
A street in Naha in August. In entertainment districts in southern Okinawa, a drug known as "laughing gas vape" is being abused at nightclubs and bar. Now, some establishments have put up warning notices.
German companies choosing Japan as Asia manufacturing hub: survey
Japan has many positive qualities for German companies, but the market does face some challenges, such as talent acquisition and retention, particularly as demand for skilled workers grows, a survey by the German Chamber of Commerce and Industry in Japan showed.
Boom in business class travel from Japan fuels airlines profits
A business class suite of an Airbus SE A350-1000 aircraft operated by Japan Airlines is seen during a media preview at the company's hangar at Tokyo's Haneda Airport in January last year.
Who’s who in the LDP presidential race?
(From left) Chief Cabinet Secretary Yoshimasa Hayashi; former foreign minister Toshimitsu Motegi; Minister of Agriculture, Forestry and Fisheries Shinjiro Koizumi; former economic security minister Takayuki Kobayashi; and former minister of state for economic security Sanae Takaichi, speaking at events in Tokyo.
Twice-a-year injection could make HIV prevention easier, developer argues
Jared Baeten, Gilead Sciences' senior vice president and virology therapeutic area head, hopes regulatory approval elsewhere for lenacapavir as a preexposure prophylaxis — for reducing the risk of contracting HIV — could lead to real discussions toward ending HIV in Japan.
Behold the glory of Japan’s fruit boxes
Otherwise common sights in Japan's supermarkets, the country's fruit and veggie boxes can hide surprising symbols of local pride.
YouTuber Gigguk shifts from talking anime to making anime
The process of making “Baan” was personal and enlightening for Maneetapho, who spent years talking about anime on his YouTube channel and podcast before making the jump to becoming an anime creator himself.
How Yuki Joseph Nakajima turned failures into breakout success at Tokyo worlds
Yuki Joseph Nakajima after finishing sixth in the men's 400-meter final at the World Athletics Championships in Tokyo on Thursday.

Podcast

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

Longform

"Shake hands with Lima-chan," a statue that shares the name of the Peruvian capital looks in the direction of Peru, where a sister statue, "Sakura-chan," is located. Erected in Yokohama's Rinko Park in 1999, it commemorates Peruvian-Japanese friendship.
The journey of Peru’s Nikkei: Finding identity in Japan
By Christoph Sponsel

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