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JAPAN
Sep 13, 2002

Farm ministry files complaints

The farm ministry filed criminal complaints Thursday against the former chiefs of three sales offices of a Nippon Meat Packers Inc. subsidiary on suspicion of defrauding the government out of nearly 10 million yen.
JAPAN
Aug 31, 2002

Meat packers fill Nippon Ham void

OSAKA -- Meat processing firms will continue to increase production in September as sales at Nippon Meat Packers Inc., stung by a beef-mislabeling scam at its subsidiary, Nippon Food Inc., are expected to continue to decline, according to industry sources.
BUSINESS
Aug 10, 2002

Foreigners end six-month buying spree

Nonresident investors turned net sellers on the Tokyo, Osaka and Nagoya bourses in July for the first time in six months, with a record number of stocks sold.
BUSINESS
Aug 9, 2002

Asahi Breweries lowers group earnings outlook

Asahi Breweries Ltd. said Thursday its group fiscal 2002 midterm net profit soared due to smaller extraordinary losses, but a decline in sales has prompted it to lower consolidated earnings projections.
JAPAN / INTERNATIONAL RATIONALE
Jul 9, 2002

Dell turns to consumer market in quest to be No. 3

As the nation's personal computer market shrinks, competition is intensifying, and the Japanese unit of U.S.-based Dell Computer Corp. is becoming a rising force with its low-cost business model.
BUSINESS
Jun 11, 2002

Domestic retailers brace for Seiyu-Wal-Mart impact

Japan's retail industry, suffering from a decade-long economic slump and the advance of powerful specialty discount stores, is gearing up to compete with another formidable player.
BUSINESS
May 18, 2002

Ajinomoto net balance in the black

Ajinomoto Co. said Friday its group net balance returned to the black in the year that ended March 31 due mainly to increased sales of pharmaceuticals and dietary supplements. Consolidated net profit in fiscal 2001 came to 31.44 billion yen, a turnaround from the previous fiscal year's loss of 11.55...
BUSINESS
May 16, 2002

Yamaha Motor posts record profits for '01

Yamaha Motor Co. said Wednesday it posted record group pretax profits of 32.7 billion yen in fiscal 2001, up 30.3 percent from a year earlier.
BUSINESS
May 10, 2002

Bandai reports 34.5% increase in pretax profit

Bandai Co., the nation's biggest toy maker, said Thursday its group pretax profit jumped 34.5 percent to 1.99 billion yen in the year that ended March 31 thanks to brisk sales in Japan and abroad.
Japan Times
BUSINESS
Apr 26, 2002

Rise in computer prices to reflect winds of change

"Now is your chance," reads a sign at the personal computer section of a Yodobashi Camera outlet in Tokyo's Shinjuku Ward.
BUSINESS
Feb 22, 2002

Matsushita looking at losses of 438 billion yen

Matsushita Electric Industrial Co. said Thursday it expects to log consolidated net losses of 438 billion yen in fiscal 2001.
Japan Times
BUSINESS
Feb 6, 2002

Snow Brand looks to tieups to survive series of scandals

Snow Brand Milk Products Co. announced Tuesday that it is studying tieups with third party firms to overcome a series of scandals involving its subsidiary Snow Brand Foods Co.
BUSINESS
Jan 30, 2002

Showa Denko revises earnings, expects net loss

Chemical manufacturer Showa Denko K.K. said Tuesday it revised downward its fiscal 2001 group earnings projection to a 34.5 billion yen net loss from a break-even estimate due to additional advanced writeoffs of about 31.6 billion yen in restructuring costs.
Japan Times
BUSINESS
Jan 4, 2002

Imported appliances selling well as buyers search for simplicity

Reiko Shibata, a 48-year-old housewife in Musashino, western Tokyo, occasionally visits Gaikoku Kaden, a neighborhood shop specializing in imported home appliances ranging from General Electric refrigerators and Dyson vacuum cleaners to La Pavoni espresso makers and Cuisinart blenders.
BUSINESS
Nov 20, 2001

Health goods put Ajinomoto in black

Ajinomoto Co., Japan's major seasoning maker, said Monday its consolidated net balance in the first half of the 2001 business year turned to the black because of strong sales of nutritional foods and medicine.
BUSINESS
Nov 20, 2001

Top automakers rev up profits

Japan's top three automakers posted record profits while the No. 4 and No. 5 automakers had to settle for reduced losses and a return to profitability, according to their midterm earnings reports.
BUSINESS
Oct 24, 2001

Sega to take big hit on stock portfolio

Game software maker Sega Corp. said Tuesday it expects a bigger group net loss for the first half that ended Sept. 30 due to an appraisal loss of 23.8 billion yen on its securities holdings in the wake of falling share prices.
BUSINESS
Oct 17, 2001

Seiyu posts net first-half profit

Supermarket chain operator Seiyu Ltd. on Tuesday posted consolidated net profits of 617 million yen for the first half of the 2001 business year through Aug. 31.
BUSINESS
Sep 28, 2001

Toyota keeps schedules intact despite market concerns

Toyota Motor Corp. has no plans to change its current output or sales schedule for either the North American or domestic markets, despite fears surrounding the possible impact of the Sept. 11 terrorist attack on the global auto market, President Fujio Cho said Thursday.
JAPAN
Sep 6, 2001

Business sentiment darkens despite capital spending rise

Corporate pessimism over the economy grew in the July-September quarter, overshadowing a 2.3 percent rise in capital spending during the April-June period.
BUSINESS
Sep 1, 2001

Sanyo revises downward its first-half forecast

OSAKA -- Sanyo Electric Co. said Friday it has revised downward its group earnings forecast for the first half of the business year, projecting sales of 1.04 trillion yen, down 1.9 percent from previous expectations.
BUSINESS
May 26, 2001

Youth favors new Fuji chief

Kyoji Takenaka, the incoming president of Fuji Heavy Industries Ltd., is determined to make the company a full-fledged global player with "premium brand" vehicles.
BUSINESS
May 24, 2001

Tobishima reports return to profit

Construction firm Tobishima Corp. said Wednesday its group net balance returned to the black in fiscal 2000, mainly due to sales of securities holdings.
BUSINESS
May 22, 2001

Asahi Optical to shutter lens plant, slash jobs

Asahi Optical Co., the financially ailing maker of Pentax cameras, said Monday it will cut personnel by 13 percent and close a domestic lens plant under a new medium-term management plan.
BUSINESS
May 19, 2001

Snow Brand to abolish 1,000 jobs

Due to a sharp decline in sales after a massive outbreak of food-poisoning last summer, Snow Brand Milk Products Co. said Friday that it will cut 1,000 jobs by the end of September and close an additional three factories by the end of March.
BUSINESS
May 1, 2001

Major retailers strive to form new identity

One of the most popular areas on the food floor at Isetan's Tachikawa branch offers not groceries, but quick recipes for breakfast, lunch and dinner.
EDITORIALS
Apr 30, 2001

Stand up to Beijing's fury

In a move that has infuriated Beijing, U.S. President George W. Bush has decided to offer Taiwan a package of weapons that will allow the island to significantly upgrade its defenses. While four Arleigh Burke-class destroyers equipped with the Aegis air-defense system have been excluded, relations between...
BUSINESS
Apr 18, 2001

Venture to create No. 2 wafer maker

Sumitomo Metal Industries Ltd. and Mitsubishi Materials Corp. announced Tuesday they will fully integrate their silicon wafer operations by forming a new joint venture in January.
JAPAN
Apr 10, 2001

ID system keeps alcohol vending machines handy

It means an additional search through your wallet before cracking open a cold beer from the liquor vending machines most of us take for granted. But rest assured, it's for a good cause.
LIFE / Food & Drink
Apr 1, 2001

Depachika build a boom from the bottom up

Misako Kaneko, a Tokyo office worker, likes to have dinner at home while watching her favorite TV dramas. But as a single woman who works full-time, it's not easy for her to find time to prepare a healthy meal every night after work.

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