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May 05, 2025
 

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BUSINESS
Mar 6, 2003

Daiei touts new plan to open two outlets

Ailing retailer Daiei Inc. on Wednesday announced a plan to open its first new outlets in more than two years and strengthen ties with an affiliate chain.
JAPAN
Mar 2, 2003

Daiwa, Asahi banks reborn as Resona duo

Daiwa Bank and Asahi Bank, the core banks in the Resona Group, integrated their operations Saturday to form Resona Bank and Saitama Resona Bank.
BUSINESS
Jan 23, 2003

Resona to issue new shares if adequacy ratio falls

OSAKA -- Resona Holdings Inc., which includes Daiwa Bank and Asahi Bank, will boost its capital by issuing new shares if its capital adequacy ratio falls as a result of increased loan-loss charges, President Yasuhisa Katsuta said in a recent interview.
BUSINESS
Jan 17, 2003

DoCoMo to help makers with 3G costs

NTT DoCoMo Inc. will start shouldering half the cost of developing handsets for its FOMA third-generation cellular phone service, company sources said Thursday.
BUSINESS
Jan 8, 2003

Major banks opt to put greater emphasis on private banking

The banking industry has begun putting greater emphasis on private banking as it seeks to increase profitability and eradicate huge loan-loss charges.
Japan Times
BUSINESS
Nov 16, 2002

Executives of top banks say everything is fine

Seeking to reassure markets of their financial stability, top executives of the nation's four biggest banking groups insisted Friday they do not require another injection of public funds.
Japan Times
BUSINESS
Nov 9, 2002

Bar code's replacement packs data into a series of squares

A seemingly random collection of black-and-white blocks will become an increasingly common sight when we buy soda out of a vending machine, bet on a horse race or purchase items at a store.
JAPAN / LEGACIES OF 9/11
Sep 6, 2002

Overreliance on U.S. market a gamble

When the United States was hit by terrorist attacks nearly a year ago, the economic fallout was predicted to be a nightmare.
BUSINESS
Sep 6, 2002

Toyota top income earner for third consecutive year

Toyota Motor Corp. remained Japan's top taxable income earner in fiscal 2001, dominating the nation's top 50 businesses for the third year in a row, according to a list released Thursday by the National Tax Agency.
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 30, 2002

Softbank sells off stakes in Yahoo!, UTStarcom

Internet business investor Softbank Corp. said Thursday it has sold a part of its stake in Internet portal Yahoo! Inc. and wireless equipment maker UTStarcom Inc., both of the United States, to reduce its interest-bearing liabilities and expand its broadband operations.
JAPAN
Aug 15, 2002

Government asks Nippon Ham unit to limit beef-related business activity

The farm ministry on Wednesday asked Nippon Food Inc. to limit its beef-related business activities and will consider filing criminal complaints against a senior managing director of its parent firm, officials said.
BUSINESS
Aug 13, 2002

Delivery firm to launch new unit in China

Kintetsu World Express Inc., the nation's second-largest transport and delivery firm, said Monday it will set up a distribution unit in Dalian, northeastern China, on Oct. 1.
BUSINESS
Aug 10, 2002

Nippon Ham rating may be slashed

Moody's Investors Service Inc. said Friday it has placed Nippon Meat Packers Inc.'s A3 senior unsecured long-term debt rating under review for possible downgrade, following the mislabeling scandal at the meat processor's subsidiary, Nippon Food Inc.
Japan Times
JAPAN / CLOSE NEIGHBORS
Aug 9, 2002

Asian appliance firms seek cracks in Japanese market

Customers shopping for TVs, refrigerators, microwave ovens and other electrical appliances are increasingly likely to come across brand names Galanz, Haier, LG and Samsung, which feature stylish designs and low prices that undercut those of their Japanese rivals.
Japan Times
BUSINESS / INDUSTRY TRENDS
Aug 9, 2002

New diet for sports club chains: yen supplements

Japan's major sports club chains have been flexing their muscle in recent years, expanding their businesses through aggressive mergers and acquisitions as well as by opening new outlets.
Japan Times
BUSINESS
Aug 8, 2002

Wireless LAN services untether Internet surfers on the go

With high-speed wireless Internet connection points springing up at retail businesses in Tokyo and other cities, Kazuhiko Sekimoto has become one of many a mobile Internet surfers.
LIFE / Food & Drink / VINELAND
Jul 28, 2002

A taste of the renaissance

Wine lovers in Tokyo are no longer far removed from the international wine scene. We have access to great wine shops and restaurants with well-chosen wines in every price category. And as we've investigated in the last few columns, bottles of wine now turn up even in formerly unthinkable locations, such...
BUSINESS
Jul 2, 2002

Merger forms nonlife insurer Sompo Japan

Yasuda Fire & Marine Insurance Co. and Nissan Fire & Marine Insurance Co. merged Monday to form Japan's second-largest nonlife insurer, Sompo Japan Insurance Inc.
BUSINESS
Jun 29, 2002

Taisei Fire rehab plan entails claim payout reductions

Taisei Fire & Marine Insurance Co., which failed last year, will reduce some insurance claim payouts to corporate clients by 25.8 percent, according to a rehabilitation plan submitted Friday to the Tokyo District Court.
BUSINESS
Jun 21, 2002

Change at banks starts in personnel departments

Bankers once rode high as the elite of Japan. Along with top-notch bureaucrats in the Finance Ministry, they represented the best the Japanese education system had to offer.
Japan Times
BUSINESS
May 3, 2002

Ailing Japan looks to World Cup to spark a spending spree

While the nation continues to struggle with weak consumer spending amid the protracted economic slump, the World Cup soccer finals, which Japan and South Korea will cohost from May 31 to the end of June, seem to be loosening the purse strings of some consumers.
BUSINESS
Apr 20, 2002

Daiei suffers 332.5 billion yen loss

Ailing supermarket operator Daiei Inc. announced Friday a consolidated net loss of 332.51 billion yen for the business year that ended in February, blaming the losses on increased restructuring costs.
BUSINESS
Apr 19, 2002

Bank chiefs face Lower House grilling

A House of Representatives panel will summon Mizuho Holdings Inc. President Terunobu Maeda and the heads of Japan's three other major banking groups to give unsworn testimony Wednesday on the results of recent government inspections.
BUSINESS
Apr 16, 2002

Daiei offloads part of stake in Ichiken

Debt-saddled retailer Daiei Inc. said Monday it has agreed to sell slightly more than half of the group's equity stake in midsize construction firm Ichiken Co. to Toyo Techno Corp.
JAPAN
Apr 11, 2002

Tokyu Agency to pay 840 million yen over tax evasion

Major advertising agency Tokyu Agency Inc. failed to declare 1.03 billion yen in income for the five years to March 2001 and must pay 840 million yen in additional taxes and penalties, industry sources said Wednesday.
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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