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BUSINESS
Aug 5, 2008

Isuzu profit skids 16% on yen, materials spikes

Isuzu Motors Ltd. reported a 16 percent decline in profit during the April-June quarter after a stronger yen and higher costs of materials cut earnings.
Japan Times
BUSINESS
Jul 12, 2008

Toyota to idle U.S. pickup, SUV lines

Facing surging gasoline prices and strong demand for fuel-efficient cars, Toyota Motor Corp. will suspend production of large pickup trucks and sport utility vehicles in the United States from early August to November.
BUSINESS
May 9, 2008

Toshiba announces plan to double profit

Toshiba Corp. said Thursday it plans to double its group operating profit to ¥500 billion in business 2010 from ¥238 billion it booked in business 2007 by expanding its NAND flash memory and nuclear power plant endeavors.
SUMO / SUMO SCRIBBLINGS
Apr 15, 2008

How hard should it be to get a ticket to see sumo?

Earlier this year, Kokonoe Oyakata, former yokozuna Chiyonofuji, was appointed head of the Nihon Sumo Kyokai's (NSK) Public Relations Department.
BUSINESS
Mar 14, 2008

Toyota faults laid to rapid global growth

Toyota's president acknowledged the company's rapid global growth was partly behind various problems that have plagued the Japanese automaker in recent years.
BUSINESS
Nov 6, 2007

Fast Retailing plans 200 stores in China, H.K.

Fast Retailing Co., Asia's biggest clothing retailer, plans to operate 200 Uniqlo stores in mainland China and Hong Kong within five years, with the region set to overtake Japan as its largest sales generator by 2017. About 80 percent of the stores will be in mainland China, Senior Vice President Tiger...
EDITORIALS
Sep 6, 2007

Realignment for battle

Department store chains have entered a major realignment phase. The department stores realigned through the integration of their operations are expected to wage a fierce battle against their rivals to survive and grow in an industry whose total sales have been declining since the early 1990s. On Monday,...
Japan Times
BUSINESS
Jul 31, 2007

Mitsubishi Motors reports smaller shortfall for quarter

Scandal-marred Mitsubishi Motors Corp. said Monday its losses for the April-June quarter shrank to 8.23 billion yen from the same period last year, boosted by growing sales in North America, Europe and Asia.
Japan Times
BUSINESS / TAKING A CHANCE
Jun 5, 2007

'Takoyaki' czar looks to spread tentacles to U.S.

In Los Angeles last December, Morio Sase had a bout of nerves. What had made him think he could persuade Americans to cast off their culinary prejudices and warm to something with as great an "ick factor" as octopus?
BUSINESS
May 23, 2007

MMC to reduce dealerships in domestic revamp

Mitsubishi Motors Corp. said Tuesday it will start paring its group dealerships to five from 29 on July 1 to help streamline sales channels and turn around its money-losing operations at home.
Japan Times
LIFE / Food & Drink / VINELAND
Apr 13, 2007

What the Japanese are drinking

Recent government data confirm that Japan remains a nation of beer drinkers, with beer and beer-like beverages accounting for nearly two thirds of the 9 billion liters of alcohol consumed last year.
BUSINESS
Feb 1, 2007

Toshiba triples its group net profit in April-December period

Toshiba Corp. reported Wednesday a group net profit of 111.3 billion yen for the first three quarters of its 2006 business year to March -- more than triple from the previous year -- led by robust earnings in the liquid crystal display, home electric appliance and nuclear reactor businesses.
BUSINESS
Oct 27, 2006

Sony profit dives 94% in quarter

Sony Corp.'s group net profit for the July-September quarter took a 94.1 percent nosedive from the previous year due the massive global recalls of its defective lithium-ion batteries and sluggish sales in its gaming division, the company announced Thursday.
Japan Times
BUSINESS
Jul 7, 2006

Foreign carmakers cash in as the rich get richer

One Sunday in June, a man in his 30s visited the spacious BMW showroom in Tokyo's Shinjuku Ward.
BUSINESS
May 26, 2006

FSA orders Sompo suspension

The Financial Services Agency on Thursday ordered Sompo Japan Insurance Inc. to suspend most of its operations for two weeks at all of its offices nationwide for illegal sales practices.
JAPAN
Feb 28, 2006

Convenience stores go gimmicky to hold appeal

Major convenience store chains, which have seen sluggish sales amid severe competition in a highly saturated market, are trying to diversify in a bid to mine more promising market segments.
BUSINESS
Feb 15, 2006

Sompo hits staff for padding contracts

Sompo Japan Insurance Inc. said Tuesday it punished 527 people, including sales staff and their supervisors, last month for illegally padding the number of new contracts they sold to meet internal sales goals.
BUSINESS
Oct 25, 2005

First-half net profit up at Kao

Kao Corp. said Monday its consolidated net profit in the April-September first half of the 2005 business year rose 1.9 percent over the same period the previous year to 38.49 billion yen.
Japan Times
BUSINESS
Aug 27, 2005

Toyota hopes to steal BMW's thunder via Lexus

The Japan launch of Toyota Motor Corp.'s Lexus luxury brand next week is likely to mark the beginning of a period of intense competition in the premium car sector.
JAPAN
Jul 9, 2005

'Cool Biz' dress code spreads through halls of promotion

The "Cool Biz" casual dress code campaign launched by Prime Minister Junichiro Koizumi on June 1 has spread to the bureaucracy, Diet and Supreme Court, but whether the intended effect -- of setting air conditioners at higher levels in cities to reduce carbon dioxide emissions and thus help curb global...

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami