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JAPAN
Feb 23, 2006

Livedoor's new boss arrested

Prosecutors on Wednesday arrested Livedoor Representative Director Fumito Kumagai in connection with the alleged accounting fraud in which his former colleagues are embroiled, putting the firm one step closer to being delisted.
JAPAN
Feb 14, 2006

Sumitomo Trust's suit rejected

The Tokyo District Court rejected a lawsuit Monday filed by Sumitomo Trust & Banking Co. seeking compensation from UFJ Holdings Inc., now part of Mitsubishi UFJ Financial Group Inc., for scrapping the planned integration of the two banks' trust units.
BUSINESS
Feb 8, 2006

Toyota records 34% jump in third-quarter net profit

Toyota Motor Corp. said Tuesday its group net profit for the fiscal third quarter jumped 34.1 percent from the previous year to a record 397.5 billion yen thanks to thriving overseas sales and the yen's depreciation against the dollar.
BUSINESS
Feb 4, 2006

TSE studies simplifying minimum trade rules

Distressed by a recent streak of huge erroneous orders, the Tokyo Stock Exchange has begun to study the possibility of streamlining the seven kinds of minimum trading units currently allowed for shares on the bourse.
BUSINESS
Jan 31, 2006

Experts eyed for postal privatization

Japan Post Corp. will recruit private-sector experts in financial and international parcel delivery services before the privatization of postal services begins in 2007, company officials said.
BUSINESS
Jan 28, 2006

Bargain-hunters circling Livedoor group in search of value

What's in a name?
BUSINESS
Jan 25, 2006

Will Horie's impact on Japan business world last?

The arrest of Takafumi Horie, 33, founder of high-flying Internet startup Livedoor Co., has shocked business leaders and prompted some soul-searching.
BUSINESS
Jan 21, 2006

Kanebo asks ex-Ascii chief Komori to step in as president

Struggling personal care and cosmetics maker Kanebo Ltd. said Friday it will appoint as president Tetsuo Komori, the 47-year-old ex-president of computer information magazine publisher Ascii Corp.
JAPAN
Jan 1, 2006

Merged megabank makes its debut

The Bank of Tokyo-Mitsubishi UFJ, created through the merger of the Bank of Tokyo-Mitsubishi and UFJ Bank, made its debut Sunday, setting the stage for three domestic megabanks to compete with each other and overseas rivals.
JAPAN
Dec 27, 2005

Seven & I seals deal to buy Millennium

Seven & I Holdings Co., operator of Seven-Eleven Japan Co., formally announced Monday it will acquire department store giant Millennium Retailing Inc. for about 130 billion yen, creating the country's largest retail group.
BUSINESS
Dec 23, 2005

S&P set to rate BTM-UFJ highly

Standard & Poor's Ratings Service said Thursday it expects to assign on Jan. 3 a long-term counterparty credit rating of A to Bank of Tokyo-Mitsubishi UFJ, a new bank that will form Jan. 1 through the merger of BTM and UFJ Bank.
BUSINESS
Dec 7, 2005

Kao camp in lead for Kanebo: sources

The state-backed corporate bailout agency is close to picking Kao Corp. and three investment funds as the buyer of Kanebo Ltd. and Kanebo Cosmetics Inc. as it entered the final phase of selection proceedings, sources said Tuesday.
JAPAN
Nov 30, 2005

Rakuten may accept TBS compromise from Mizuho

Rakuten Inc. and Tokyo Broadcasting System Inc. are on course to accept a compromise plan that would have the Internet shopping-mall operator drop its integration proposal and enter into fresh tieup talks with the broadcaster, financial sources said Tuesday.
JAPAN
Nov 28, 2005

TBS ready to talk with Rakuten on program distribution

Tokyo Broadcasting System Inc. has decided to negotiate with major Internet shopping mall operator Rakuten Inc. on a business tieup in the form of online distribution of programs via Rakuten's portal site, sources said Sunday.
JAPAN
Nov 18, 2005

TBS expected to reject merger with Rakuten

Tokyo Broadcasting System Inc., a TV and radio broadcaster, will reject a proposal by Rakuten Inc. to integrate their managements under a holding company, sources have said.
JAPAN
Nov 18, 2005

MUFJ profit tops Toyota's, hits record

The estimated consolidated April-September net profit of Mitsubishi UFJ Financial Group Inc. has topped the group net profit of Toyota Motor Corp. to become the largest in Japan, figures released Thursday showed.
JAPAN
Nov 12, 2005

Ex-SMBC chief tapped to lead key postal firm

The government said Friday it has selected former Sumitomo Mitsui Banking Corp. President Yoshifumi Nishikawa to run the holding company that will oversee the privatization of the postal system.
BUSINESS
Oct 13, 2005

FamilyMart expanding

Convenience store chain FamilyMart Co. will open some 40 stores in Hokkaido and Aomori Prefecture in the business year through February 2007, becoming the second convenience chain with a nationwide network after Lawson Inc., its president said Wednesday.
BUSINESS
Oct 5, 2005

MUFG to pay back some of public funds

Mitsubishi UFJ Financial Group Inc. said Tuesday it will repay on Wednesday 323.6 billion yen of the 1.4 trillion yen in public funds it received from the government to bolster its capital base.
BUSINESS
Sep 23, 2005

MTFG, UFJ target farming

Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. said Thursday they will enter a business and capital tieup with Norinchukin Bank to tap retail banking for farmers -- a large but closed market considered potentially lucrative.
BUSINESS
Sep 7, 2005

Rakuten to buy ad firm LinkShare

Rakuten Inc. said Tuesday it will acquire major U.S. Internet advertising agency LinkShare Corp. for about $425 million (about 46.5 billion yen), a deal that will enable the Japanese online shopping mall operator to expand into the U.S. market.
BUSINESS
Aug 24, 2005

Mizuho outlines public funds repayment

The Mizuho Financial Group Inc. said Tuesday it will return 616.4 billion yen of the 1.466 trillion yen in public funds it received to replenish its capital by the end of this month, and that it planned to pay back the remaining 850 billion yen in the first half of fiscal 2006.
Japan Times
Features / WEEK 3
Aug 21, 2005

Cartoon duo leads the way in a version of history that's no joke

The phrase "textbook row" has become a regular sighting in Japanese newspapers of late, as newly authorized history books for schools are accused, both at home and abroad, of "glossing over" the bloodier aspects of this country's warmongering, Imperialist past.
BUSINESS
Aug 19, 2005

Horie's 5% stake not hostile bid: TV Tokyo

Livedoor Co. President Takafumi Horie has acquired an equity stake of slightly less than 5 percent in TV Tokyo Corp., the broadcaster announced Thursday.
BUSINESS
Aug 19, 2005

Revlon excluded from Kanebo sponsor shortlist

U.S. cosmetics giant Revlon Inc. has failed to make the shortlist of candidates for sponsoring the rehabilitation of Kanebo Ltd. and Kanebo Cosmetics Inc., sources said Thursday.
JAPAN
Aug 15, 2005

Revlon, Morgan Stanley to enter bids for Kanebo

U.S. cosmetics maker Revlon Inc. and U.S. investment bank Morgan Stanley & Co. are expected to enter a tender for Kanebo Ltd. and Kanebo Cosmetics Inc., according to industry sources.
BUSINESS
Aug 11, 2005

Seibu now plans holding firm

Seibu Railway Co. said Wednesday its group has chosen to reconstruct itself under a holding company, deviating from an earlier plan for the railway to absorb other key group members.
BUSINESS
Aug 2, 2005

Net income up better than 10% for three megabanks

Three of the nation's top four banking groups said Monday they saw net income for the April-June quarter rise more than 10 percent on a year-on-year basis thanks to a fall in costs linked to bad-loan disposals.
BUSINESS
Jul 19, 2005

Money -- the toughest hurdle in sport

Just as many professional athletes struggle to carve out a second career after they retire, amateur sports players are also confronting some really hard times.
BUSINESS
Jul 16, 2005

Me Net Securities, kabu.com to merge by end of March

Online brokerages kabu.com Securities Co. and Me Net Securities Co. said Friday they will merge by March 31, creating the third-largest online brokerage in terms of customer accounts.
Tokyo releases AI-generated video of Mount Fuji erupting
A screenshot from an AI-generated video showing what could happen to Tokyo if Mount Fuji erupted
Japan aims to tighten rules for business manager visas from October
The number of foreign residents with business management residency status had reached a record 41,615 as of the end of 2024.
Japanese prefectures break with labor ministry on minimum wage
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
Japan ranked one of the most peaceful places in Asia as global tensions rise
Visitors look at paper cranes hung at Peace Park in Nagasaki on Aug. 8, a day ahead of the 80th anniversary of the World War II atomic bombing of the city.
Misinformation over JICA’s Africa ‘hometown’ initiative sparks controversy
Prime Minister Shigeru Ishiba arrives at a photo session for the Tokyo International Conference on African Development as South African President Cyril Ramaphosa reacts, in Yokohama, last week.
Japanese prefectures break with labor ministry on minimum wage
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
Philippines quietly deepening ‘unofficial’ defense ties with Taiwan
Filipino soldiers take part in a flag-raising ceremony on Mavulis Island during a visit by the Philippines' Armed Forces chief of staff, in Batanes, the Philippines, in June 2023. Batanes, a group of idyllic islands at the country’s northernmost tip, sits about 160 kilometers from Taiwan.
Are 'coolcations' the answer for Japan's heat-weary tourists?
Hikers on a trail in Hakuba, Nagano Prefecture. As extreme heat continues to grip Japan, a tectonic shift may be underway in the nation’s summer tourism scene as more people gravitate toward cooler destinations.
Germany's first sakemaker offers a bold brew of ideas
Reigen, Germany's first sake brewery, makes a diverse, nontraditional range of sake that includes fruit-flavored sips and wine barrel-aged renditions.
Alicia Keys closed Summer Sonic, but J-pop owned it
Summer Sonic’s 2025 lineup demonstrated its strength, showcasing the latest in J-pop, including “new kawaii” act Fruits Zipper.

Podcast

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

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past
By Alex K.T. Martin

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