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BUSINESS
Apr 28, 2004

Sony restructuring plan bites into 2003 net profit

Sony Corp. said Tuesday its net profit fell 23 percent to 88.5 billion yen in fiscal 2003 due to heavy restructuring expenses.
BUSINESS
Mar 10, 2004

Uniqlo stages comeback after two years in the doldrums

After suffering weak sales for nearly two years following the end of its phenomenal "fleece jacket boom," casual clothing chain Uniqlo is again enjoying strong sales.
Japan Times
BUSINESS
Feb 25, 2004

Yamanouchi, Fujisawa to merge

Yamanouchi Pharmaceutical Co. and Fujisawa Pharmaceutical Co. said Tuesday they have agreed to merge in a bid to survive intensifying global competition.
Japan Times
BUSINESS
Feb 13, 2004

Women starting new tradition: Valentine's Day self-indulgence

The sluggish economy has done little to dim the hopes of retailers this Valentine's Day season: They still expect women to flock to their shops to buy chocolates and other gifts for men.
BUSINESS
Jan 31, 2004

Honda sees net profit surge despite disappointing auto figures

Honda Motor Co. said Friday that its net profit rose 31 percent to a record 151.05 billion yen in the October-December period.
BUSINESS
Jan 14, 2004

Fuji Heavy pins 2004 hopes on remodeled Legacy wagon

Fuji Heavy Industries Ltd. said Tuesday it plans to sell 623,000 vehicles globally in 2004, up 14.5 percent from the previous year.
BUSINESS
Dec 27, 2003

Consumer prices declined for a fifth year in 2003

Japan's consumer prices fell for the fifth straight year in 2003, led by declines in prices for housing, laptop computers and durable home appliances, the government said Friday.
Japan Times
BUSINESS
Dec 27, 2003

No panic over latest BSE scare

Japanese consumers are taking the news of the first case of mad cow disease in the United States with relative calm, with restaurants and supermarkets reporting none of the tumbling sales they experienced two years ago.
BUSINESS
Nov 27, 2003

Radiant male clerks look to tempt female shoppers

Women are facing a cunning new strategy aimed at loosening their purse strings -- attractive young men working as clerks in cosmetics and women's clothing departments.
BUSINESS
Nov 18, 2003

Fuji Heavy reports 50% decline in operating profit

Fuji Heavy Industries Ltd. said Monday its consolidated operating profit in the first half of fiscal 2003 tumbled 50.4 percent from the same period last year to 18.31 billion yen.
Japan Times
COMMUNITY
Nov 9, 2003

In with le new!

It's Beaujolais Nouveau time again, and Japan -- despite its piffling per capita consumption of just three bottles of wine a year -- will suddenly become a nation of tipplers and quaffers (if not connoisseurs) of this fresh-from-the-vine red wine from France.
BUSINESS
Aug 9, 2003

McDonald's cuts annual forecast

Struggling restaurant chain McDonald's Holdings Co. (Japan) on Friday cut its full-year earnings forecast by about 50 percent due to weak sales during the first half of the year.
BUSINESS
Jul 30, 2003

Sharp net profit surged 13.5% in first quarter

Consumer electronics firm Sharp Corp. said Tuesday it chalked up a consolidated net profit of 14.05 billion yen in the first quarter of the current business year, up 13.5 percent from a year earlier.
Japan Times
BUSINESS
Jul 25, 2003

Rainy season pours cold water on recovery

The rain clouds hovering over most of Japan are not just drenching people -- they are also blighting the earnings outlook for corporate Japan.
BUSINESS
Jun 20, 2003

Vehicle market expected to expand

Vehicle sales in Japan will expand this year to 5.85 million units from the 5.79 million recorded last year, the chairman of the Japan Automobile Manufacturers Association said Thursday.
Japan Times
BUSINESS / INDUSTRY TRENDS
Jun 19, 2003

Ice cream companies turning to high-end treats

Facing a steady decline in sales of traditional ice cream, domestic frozen treat makers are turning their eyes to the upscale market -- a growing sector so far dominated by Haagen-Dazs.
BUSINESS
Jun 6, 2003

Capital investment slides for sixth quarter in row

Capital investment dropped 3 percent in the January-March period from a year earlier, down for the sixth consecutive quarter, according to a Finance Ministry survey released Thursday.
Japan Times
BUSINESS / FRONT-RUNNERS
Jun 3, 2003

Sanyo charging ahead in cell phone battery sector

Chances are if you use a mobile phone equipped with a camera, it's powered by a Sanyo battery.
BUSINESS
Apr 26, 2003

Mazda reports near threefold profit surge

Mazda Motor Corp.'s group net profit for the year through March nearly tripled from the previous year to 24.1 billion yen, due to large reductions in operating costs and the appreciation of the euro against the yen, the company announced Friday.
BUSINESS
Feb 22, 2003

Publisher Kodansha slips into red

Kodansha Ltd. fell into the red for the first time since World War II in the year through Nov. 30, due to weakening magazine sales, a company spokesman said Friday.
BUSINESS
Feb 5, 2003

Hitachi shoots into black

Hitachi Ltd. announced Tuesday that it posted a group net profit of 1.3 billion yen in the October-December quarter -- in stark contrast to a net loss of 115.8 billion yen a year earlier -- due to reduced costs and solid sales growth.
BUSINESS
Jan 25, 2003

Sapporo lowers projections for group earnings

Sapporo Breweries Ltd. said Friday it has lowered its consolidated earnings projections for its 2002 business year, which ended Dec. 31, due to falling sales of beer and "happoshu," as well as appraisal losses on its stockholdings.
BUSINESS
Jan 24, 2003

The colonel hit hard by downturn

Hit by tighter consumer purse strings, Kentucky Fried Chicken Japan Ltd. announced Thursday that its consolidated net profit dropped 15.2 percent to 1.38 billion yen in the business year that ended in November.
BUSINESS
Jan 12, 2003

Daiei to scrap tie-up with electronics discounter

Daiei Inc. said Saturday it will scrap a sales tieup with Yamada Denki Co., a move that will force the troubled retail giant to review its strategy for increasing slumping sales of household appliances.
JAPAN
Jan 8, 2003

Japanese escape woes in 'Boogie Wonderland'

Middle-aged disco lovers in Japan boogie to the sounds of a past era, when flares, platform shoes and gold medallions were cool and the economy was on the upswing.
Japan Times
BUSINESS
Nov 22, 2002

Automakers launch price war

Automakers are waging a price war in an attempt to lift sales amid the prolonged recession.
BUSINESS
Nov 19, 2002

NTT posts first-ever fall in consolidated revenues

Telecom giant Nippon Telegraph and Telephone Corp. reported Monday that its consolidated sales fell 1.7 percent to 5.37 trillion yen in the fiscal first half to Sept. 30, marking the first-ever decline in revenue since the firm's privatization in 1985.
Japan Times
LIFE / Digital / NAME OF THE GAME
Nov 7, 2002

PlayStation stays ahead of the pack

When it comes to video games, Sony is the company that does no wrong.

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