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BUSINESS
Nov 19, 2008

Profits nosedive at major banking groups

Net profit at the three major banking groups fell in the six months to September amid the ongoing global economic turmoil, according to their earnings results for the first business half.
BUSINESS
Nov 15, 2008

SMFG's group net profit plunges 51%

Sumitomo Mitsui Financial Group Inc. said Friday its consolidated net profit plunged 51.2 percent from a year ago to ¥83.3 billion in the April-September half amid the ongoing global financial turmoil.
BUSINESS
Oct 18, 2008

Sony Ericsson Mobile reports quarterly loss

Sony Ericsson Mobile Communications Ltd., the mobile phone venture of Sony Corp. and Ericsson AB, reported its first quarterly loss in five years on costs to cut jobs and a loss of market share to rivals, including Apple Inc.
CULTURE / Books
Oct 12, 2008

Sexy, dirty surrealism in the heart of Tokyo

LALA PIPO by Hideo Okuda, translated by Marc Adler, New York: Vertical, Inc., 2008, 288 pp., $14.95 (paper) Their recent list of contemporary Japanese fiction, nonfiction and graphic novels is making those Japanophiles at the New York publishing house Vertical Inc. Nihon otaku among Western publishing...
Japan Times
BUSINESS
Oct 9, 2008

Nomura to lose 60% of Lehman Japan equity employees

Nomura Holdings Inc., Japan's largest investment bank, will lose roughly 60 percent of the Japanese equity employees acquired when it purchased the Asia-Pacific business of bankrupt Lehman Brothers Holdings Inc., three sources said.
BUSINESS
Oct 1, 2008

Japan sweats as U.S. rescue stalls

The uncertainty swirling around the financial crisis in the United States has sparked concerns in Japan that more bad news is on the way for exporters, consumption and the economy, analysts said Tuesday.
Japan Times
JAPAN
Sep 19, 2008

Foreign magazines stuck in limbo

The National Azabu supermarket in the posh Minami-Azabu district in Minato Ward, Tokyo, offers an impressive variety of imported foods and other goods. But its selection of foreign magazines and books has been sharply curtailed since July 31, when Yohan Inc., which had a virtual monopoly on the sector,...
BUSINESS
Sep 3, 2008

Sony Financial aims to boost policy sales to ¥36 trillion

Sony Financial Holdings Inc. aims to boost policy sales 15 percent to ¥36 trillion by March 2011 as Japan's insurers struggle to counter declining demand.
BUSINESS
Sep 2, 2008

Shionogi to purchase Sciele Pharma of U.S.

Shionogi & Co., the maker of the Crestor anticholesterol pill, has agreed to buy Sciele Pharma Inc. of the U.S. for $1.4 billion, adding research, development and sales staff.
BUSINESS
Sep 2, 2008

Regional banks clear subprime hurdle but face bad loans

Regional banks evaded most of the fallout from the U.S. mortgage market implosion only to face a homespun credit crisis.
BUSINESS
Aug 23, 2008

Wal-Mart gives credit-starved companies samurai bond with Japan

Corporate borrowers are turning to Japan for cash that is becoming increasingly hard to get anywhere else in the world.
BUSINESS
Aug 14, 2008

Japan's insurers look abroad as profits fall

Slowing premium growth may force Japan's insurance companies to seek more takeovers abroad to counter declining profits in the world's most rapidly aging country.
BUSINESS
Aug 14, 2008

MUFG may have to up ante as UnionBanCal shares surge

Mitsubishi UFJ Financial Group Inc., Japan's largest bank by market value, may have to raise its $3 billion bid for control of UnionBanCal Corp. after the Californian lender's stock surged.
BUSINESS
Jul 31, 2008

Daiwa first-quarter profit falls 78%

Daiwa Securities Group Inc. said Wednesday its first-quarter profit fell 78 percent as brokerage commissions, trading profit and fees from underwriting dropped.
Japan Times
JAPAN / EXPLAINER
Jul 22, 2008

Nation opens its eyes to audiobooks

Seen as a good way for busy people to catch up on their "reading" during commutes or on-the-job breaks, audiobooks are quickly becoming a fixture among time-pressed Japanese.
Japan Times
BUSINESS
Jul 15, 2008

Japanese-type game show a hit in U.S.

A new Japanese export is luring U.S. consumers: television game shows that inflict pain, suffering and humiliation for a laugh.
BUSINESS
Jun 11, 2008

TSE chief urges cooperation with Korean exchanges

The main stock markets in Japan and South Korea should strengthen ties to compete better globally, the president of the Tokyo Stock Exchange Inc. said Tuesday. "In enhancing the efficiencies of the two markets, the financial industry will further develop," Atsushi Saito, 67, said at a seminar for executives...
Japan Times
BUSINESS
May 2, 2008

Real estate deflation looms

Akira Mori, Japan's richest man, spent a record ¥231 billion buying Tokyo's Toranomon Pastoral Hotel last September. He now says it's worth closer to ¥200 billion.
BUSINESS
Apr 17, 2008

Dollar seen rebounding by 2009

Japan's two biggest brokerages said the dollar will rebound against the yen and euro by year's end as economic conditions in Japan and Europe deteriorate and U.S. interest-rate cuts near an end.
Britain responds after Expo 2025 afternoon tea brews outrage
The café space at the Osaka Expo's British pavilion
Woman says archbishop of Tokyo ignored her pleas after priest allegedly raped her
In a news conference in Tokyo on Friday, Tokie Tanaka, 64, details her allegations of sexual abuse against a Catholic priest.
Israel protests after Kyoto inn seeks war crime declaration from tourist
A street in Kyoto in March 2023. An Israeli tourist was asked to sign a document stating that he had not committed war crimes when he checked in at a Kyoto guesthouse in April, prompting a response from Israel's ambassador.
Second round of U.S.-Japan tariff talks ends inconclusively in Washington
U.S. Commerce Secretary Howard Lutnick (far left), U.S. Treasury Secretary Scott Bessent (left) and Ryosei Akazawa, Japan's chief tariff negotiator. The second round of tariff negotiations between Japan and the United States were held on Thursday in Washington.
Inflation and high hotel prices curtail Golden Week travels
Travelers in front of a flight information panel in a departure hall at Haneda Airport in Tokyo on April 26
Japan’s ‘tabi’ sock mecca runs on thread and memories
A seamstress at Kineya Tabi sews together split-toe "tabi" socks, once a major industry for the town of Gyoda, Saitama Prefecture.
Despite shifts in Japan's political landscape, constitutional revision still far off
Prime Minister Shigeru Ishiba has been a staunch advocate for constitutional reform.
'Ukiyo-e in Play' showcases traditional art carved anew
The Adachi Institute has been working on creating brand new ukiyo-e prints in collaboration with contemporary artists such as Yayoi Kusama, whose “Mt. Fuji in Seven Colours: When life boundlessly flares up to the universe” (2014) can be seen on display at “Ukiyo-e in Play.”
Ishiba hears advice from across the aisle on how Japan should handle Trump
Prime Minister Shigaru Ishiba and CDP head Yoshihiko Noda at a parliamentary session in Tokyo on April 23.
Don't send in the clones: AI event nixed as Alt accounts get reality check
A screenshot from the website for Alt's AI conference, which was canceled after the company disclosed an investigation into its sales figures.

Podcast

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

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
By Alex K.T. Martin

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