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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.
BUSINESS
Nov 8, 2002

Daiichi Pharmaceutical sees decline

Daiichi Pharmaceutical Co. on Thursday reported a decline in earnings for the first half through Sept. 30, blaming slack sales of its main products and tougher competition in the pharmaceutical market.
BUSINESS
Nov 7, 2002

Shiseido turns net profit of 9.87 billion yen

Shiseido Co., Japan's biggest cosmetics maker, said Wednesday it swung back into the black in the first half of fiscal 2002 due mainly to cost-cutting efforts and a reduction in inventories in its cosmetic and toiletries business.
BUSINESS
Nov 1, 2002

Suntory to sell E&J Gallo wines

Suntory Ltd., Japan's biggest wine seller, said it will distribute three brands of the California-based E&J Gallo Winery in Japan. Suntory in March will import and sell River Crest and two other brands of the world's biggest winemaker, Suntory spokesman Ikuo Tamura said. The Japanese beverage maker expects...
BUSINESS
Sep 25, 2002

Nichirei cuts profit forecast for full year

Nichirei Corp., Japan's top maker of frozen foods, said Tuesday it has cut its net profit forecast for the fiscal first half to Sept. 30 and the full year to next March 31, due to tainted spinach from China, capital losses on sales of stock and fixed-asset holdings.
BUSINESS
Sep 21, 2002

Nippon Ham takes cleaver to earnings forecasts

Scandal-racked Nippon Meat Packers Inc. said Friday it has sliced its interim and full-year group earnings forecasts for the 2002 business year in response to falling sales and profits in the wake of its involvement in a beef-mislabeling scam.
Japan Times
JAPAN / THE OKINAWA FACTOR
Sep 14, 2002

Okinawans look to tackle problems on own terms

NAHA, Okinawa Pref. -- Every third Monday, members of an underground community bank gather in a bar in downtown Naha.
Japan Times
JAPAN / EMBASSY ROW
Sep 11, 2002

Ambassador embarks on drive to put Aussie beef back on grill

Australian Ambassador to Japan John McCarthy is spearheading a campaign to get Australian beef back on Japanese dinner plates by taking part in a series of forums across the nation this week.
Japan Times
JAPAN
Sep 7, 2002

Sept. 11 boosts Japan's interest in Islam

As kimono-clad people danced through the streets of the Minami Otsuka district of northern Tokyo during a summer festival last month, a small Pakistani curry stall was doing a roaring trade.
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.
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.
JAPAN
Aug 13, 2002

Nippon Ham officials grilled over labeling scam

Farm ministry officials on Monday afternoon questioned executives of Nippon Meat Packers Inc., better known as Nippon Ham, in connection with a beef-mislabeling scam involving one of its subsidiaries.
CULTURE / Books / THE ASIAN BOOKSHELF
Aug 11, 2002

Book industry cries murder

Although everyone agrees that the Japanese publishing industry is in trouble, there is less consensus as to the causes. Book and magazine sales have been declining for five years and book revenues for last year were at roughly the same level as a decade earlier; indeed, some say that if it were not for...
BUSINESS
Aug 10, 2002

Bridgestone recovers from tire-recall debacle

Bridgestone Corp. said Friday it posted a consolidated net profit of 24.48 billion yen in the January-June period, marking a turnaround from the 30.57 billion yen loss it logged a year earlier.
BUSINESS
Aug 8, 2002

Toyota sees pretax profit jump 51.2%

Toyota Motor Corp. said Wednesday its group pretax profit in the April-June quarter was 449.94 billion yen, up 51.2 percent from a year earlier due to strong sales in North America.
Japan Times
JAPAN
Aug 8, 2002

Government to file charges against Nippon Ham subsidiary

The government will file a criminal complaint against a unit of Nippon Meat Packers Inc. if it finds that the firm abused a beef-buyback program by disguising imported meat as domestic, Chief Cabinet Secretary Yasuo Fukuda said Wednesday.
BUSINESS
Aug 6, 2002

McDonald's returns to discount burgers

began offering on Monday its regular hamburgers for 59 the lowest price in the chain's 30-year history in Japan while rival Lotteria Co. will discount its set menus by up to 25 percent next weekend. McDonald's hamburgers were sold for 65 on weekdays during a two-year sales campaign that ended in February....
JAPAN
Aug 4, 2002

Beef prices rebound after mad cow fears

Beef prices are returning to levels last seen before the outbreak of mad cow disease last September, thanks in part to beef eaters ordering more as a way to increase stamina and ward off the oppressive heat, according to industry officials.
BUSINESS
Aug 2, 2002

Sumitomo net profits jump 20%

Trading house Sumitomo Corp. said Thursday its group posted net profits of 10.31 billion yen in the April-June quarter, up 20 percent from a year earlier.
BUSINESS
Jul 23, 2002

Honda to sell China-made 50cc scooter

Aiming to boost sluggish motorbike sales in the domestic market, Honda Motor Co. announced Monday it will begin sales of a low-priced 50cc scooter made at its Chinese assembly plant.
Japan Times
BUSINESS
Jul 5, 2002

Adidas cashes in on Japan's World Cup exploits

Philippe Troussier was not the only Frenchman elated with the surprisingly good performance of the Japanese squad in the FIFA World Cup.
BUSINESS
May 24, 2002

Matsumotokiyoshi rakes in record profits

Matsumotokiyoshi Co., the nation's largest drugstore chain, said Thursday its group net profits rose 26.9 percent to a record 6.64 billion yen in the 2001 business year on strong sales at its mainline drugstore division.
BUSINESS
May 23, 2002

Tokyo Gas posted 80 billion yen profit in fiscal '01

Tokyo Gas Co. said Wednesday its group pretax profits rose 20.6 percent to 80.63 billion yen in the business year to March 31 on strong gas sales and cost-cutting efforts.
BUSINESS
May 18, 2002

Takeda Chemical pretax profit up

OSAKA -- Takeda Chemical Industries Ltd. said Friday its group pretax profit increased 37 percent to 359.21 billion yen in fiscal 2001 from the previous year due to brisk sales of medical products at home and abroad, and the weak yen.
BUSINESS
May 16, 2002

Dentsu reports profit drop for 2001

Dentsu Inc. on Wednesday blamed sluggish advertising revenues amid the stagnant economy for a 15.6 percent drop in operating profits in the 2001 business year.
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 26, 2002

Toshiba, NEC, Fujitsu report huge losses

High-tech giants Toshiba Corp., NEC Corp. and Fujitsu Ltd. on Thursday reported decreased sales and huge losses for the 2001 business year, blaming the slump in global demand for semiconductors and a sharp decline in prices.
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.

Longform

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