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BUSINESS
Oct 30, 2003

Fujitsu trims first-half loss to 58 billion yen

Computer maker Fujitsu Ltd. said Wednesday its net loss for the first half narrowed to 58.56 billion yen, citing the absence of a major restructuring charge booked a year ago.
Japan Times
JAPAN / INTERNATIONAL RATIONALE
Oct 25, 2003

Narita airport prepares for battle with Asian hubs

NARITA, Chiba Pref. -- When Masatoshi Uchida joined New Tokyo International Airport Authority, the quasi-governmental organ that operates Narita airport, in 1977, he never dreamed he'd end up selling Hermes goods.
Japan Times
BUSINESS
Oct 18, 2003

Daiei books miserable first half

Struggling retailer Daiei Inc. said Friday its group net profit plunged 98.4 percent to 2.3 billion yen in the business first half due to the absence of a hefty one-time gain booked a year ago.
BUSINESS
Oct 17, 2003

Fast Retailing suffers 25% decrease in profit

Fast Retailing Co., operator of the Uniqlo chain, announced Thursday its group net profit dropped 24.8 percent to 20.93 billion yen for the business year that ended Aug. 31, marking the second straight year of decline.
Japan Times
JAPAN
Oct 1, 2003

Exhaust curbs to sting truck operators

Hideaki Tsuchiya's small trucking firm in Tokyo's Meguro Ward faced a major headache earlier this year: Five of his 20 trucks did not meet new exhaust regulations that take effect in the metropolis Wednesday.
BUSINESS
Sep 9, 2003

Workers on the front lines more positive

Sentiment on the current state of the economy among people who deal directly with consumers improved in August to a 16-month high, according to a government survey released Monday.
BUSINESS
Aug 23, 2003

Ito-Yokado cuts earnings outlook

An unseasonably cool summer has chilled the country's retailers, prompting sector leader Ito-Yokado Co. to cut its half-year earnings outlook by 41.4 percent.
BUSINESS / FRONT-RUNNERS
Jul 23, 2003

Tainted-food scare gives Nichirei an appetite for fewer additives

In the world of business, misfortunes sometimes become blessings.
CULTURE / Books / THE BOOK REPORT
Jul 17, 2003

Manga attempt to evolve against multiple threats

Manga and anime from Japan are increasingly popular overseas, with Hayao Miyazaki's "Spirited Away" receiving an Academy Award earlier this year. In their birthplace, however, manga seem past their glory days when loyal readers eagerly awaited the next installment from their favorite authors, such as...
JAPAN
Jul 9, 2003

Ex-chief of Mitsui affiliate arrested

Tokyo police said Tuesday they have arrested the former president of a Mitsui & Co. affiliate on suspicion of embezzling some 134 million yen in corporate funds in 1999 and 2000.
BUSINESS
Jun 10, 2003

April data illustrates fragility of services sector

Five of the six major service industries performed worse in April than in the same month last year, underscoring the fragility of the services sector, the government said Monday.
BUSINESS
May 24, 2003

Fuji Heavy banking on new Legacy

Fuji Heavy Industries Ltd., which makes Subaru vehicles, launched a remodeled Legacy wagon on the domestic market Friday, hoping the key product will reinvigorate the carmaker's sluggish sales.
BUSINESS
May 24, 2003

Isuzu eyes fiscal 2003 turnaround

Isuzu Motors Ltd. expects to return to the black in the year to March 2004 with a group net profit of 35 billion yen, company officials said Friday.
BUSINESS
May 15, 2003

Casio swings back into the black

Casio Computer Co. swung back into the black in fiscal 2002 thanks to cost-cutting efforts and increased sales in its electronics business, the office equipment and consumer electronics manufacturer said Wednesday.
Japan Times
BUSINESS
May 9, 2003

Gaming industry revolution falls through

A potential revolution within the gaming industry fell apart Thursday, with Sega Corp. announcing it has scrapped integration talks with Sammy Corp. and video game maker Namco Ltd. saying it has dropped a merger proposal submitted to Sega.
BUSINESS
May 8, 2003

Shiseido shoots back to black, record earnings

Shiseido Co. not only returned to profitability for the first time in three years in fiscal 2002 but also logged record earnings thanks to strong overseas sales and cost-cutting efforts, the company said Wednesday.
BUSINESS
May 8, 2003

Power Rangers help boost Bandai's profit

Bandai Co., Japan's top toy maker, on Wednesday reported a 19 percent increase in group net profit for the year through March, with an army of characters such as Mobile Suit Gundam and Power Rangers beating the nation's deflationary trend.
BUSINESS
Apr 25, 2003

Tertiary industry activity down 0.8%

The index of Japan's tertiary industry activity fell 0.8 percent in February from January, partly affected by sluggish tourism amid fears about the war in Iraq, the Ministry of Economy, Trade and Industry said Thursday.
BUSINESS
Mar 8, 2003

Toshiba to focus on digital, electronic devices

Toshiba Corp. said Friday it will spin off some of its operations so it can concentrate its resources on semiconductor and digital products.
Japan Times
BUSINESS / INDUSTRY TRENDS
Mar 6, 2003

Lingerie firms hustling to open outlets as lights go out on major retailers

Major domestic underwear firms are aggressively expanding their direct retail operations, opening lingerie boutiques with French names, as well as bra kiosks at train stations.
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.
BUSINESS
Mar 6, 2003

Firms' restructuring efforts appear to be paying dividends

Figures released Wednesday by the Finance Ministry indicate that companies' restructuring efforts are paying dividends.
BUSINESS
Feb 22, 2003

Bridgestone's profits surge 161%

Bridgestone Corp., Japan's biggest maker of automobile tires, said Friday that its group net profit in the business year through December 2002 surged 161 percent to 45.38 billion yen.
BUSINESS
Feb 5, 2003

Sharp group net profit triples on year

Sharp Corp. said Tuesday that its group net profit during the October-December quarter logged a three-fold rise from the same period the previous year, hitting 13.97 billion yen.
Japan Times
BUSINESS
Jan 23, 2003

Suzuki names new president, launches hybrid

Suzuki Motor Corp. made a number of announcements Wednesday, naming its new president, unveiling fiscal 2003 sales projections and launching what it says is the world's first commercially available hybrid minivehicle.
BUSINESS
Nov 27, 2002

Suntory to move staff to Shanghai

OSAKA -- Suntory Ltd., Japan's leading whiskey producer, will transfer part of its Asian operations from Tokyo to Shanghai on Dec. 1 to strengthen its marketing strategy in China, company officials said Tuesday.
EDITORIALS
Nov 27, 2002

Not the time to celebrate profits

At first glance, corporate earnings reports for the first half of fiscal 2002 seem too good to be true, given the continuing economic slump. On average, pretax profit surged nearly 40 percent in April through September from the same period a year earlier -- a dramatic reversal from the 40 percent decline...
Japan Times
BUSINESS
Nov 22, 2002

Daiei kicks off crucial nationwide sale with help from Oh

Struggling supermarket chain Daiei Inc. started Thursday a crucial yearend sale at its 271 stores across the country.
EDITORIALS
Nov 17, 2002

A green light for ivory merchants

Japan said nothing in the runup to the 12th Conference of the Parties to the U.N. Convention on International Trade in Endangered Species (CITES), the 160-nation forum that met in Chile last week to reconsider, among other things, the 13-year-old ban on ivory sales. It didn't have to, really. Everyone...
Japan Times
BUSINESS / INDUSTRY TRENDS
Nov 16, 2002

'Oden' is secret weapon in 24-hour stores' war for customers

For many modern urban residents, the typical harbinger of winter is the smell of "oden" steaming on the convenience store counter.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji