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BUSINESS
Mar 17, 2009

Ailing Hitachi names new president

Hitachi Ltd. said Monday it will replace its president and separate two businesses after the company forecast a record loss.
EDITORIALS
Mar 16, 2009

Support needy foreign workers

The downturn of the Japanese economy is severely affecting foreign workers in this nation, most of whom are temporary employees. The labor ministry says at least some 5,600 foreign workers have lost or will soon lose their jobs. But that estimate is likely low.
BUSINESS
Mar 5, 2009

Toyota U.S. sales dip record 40%

Toyota Motor Corp., facing its first loss in 59 years, suffered a record drop in U.S. sales last month as the recession in the world's top car market cut industrywide demand to the lowest level since December 1981.
Japan Times
JAPAN
Mar 3, 2009

Capitalism needs full makeover: Walesa

Capitalism will not survive unless it undergoes a full makeover and focuses on benefiting people, former Polish President Lech Walesa said Monday in Tokyo.
Japan Times
JAPAN
Feb 25, 2009

Firms warming to work-sharing

Yasuo Igarashi spends a lot of time these days on the jungle gym with his daughter, after his employer joined the growing ranks of companies adopting work-sharing to ride out the global slump.
BUSINESS
Feb 25, 2009

Goldman to trim equity research team as demand for analysis dips

Goldman Sachs Group Inc., which has cut 10 percent of its global workforce in the past year, will trim its equity research team in Japan as early as this week, two sources said Tuesday.
JAPAN
Feb 17, 2009

Slump exposes holes in safety net

The recent massive layoffs of temporary employees by blue-chip firms have shocked and scared workers in a nation long known for accommodative labor relations and lifetime employment.
JAPAN / Media / MEDIA MIX
Feb 15, 2009

The recession will lead to a downturn in media quality

Every day there is more gloomy news about a major manufacturer or retailer or service company cutting jobs — and not just a few dozen here or there, but thousands, tens of thousands. No one gets out alive, except self-made billionaires and McDonald's, which is doing quite well, apparently. People will...
SOCCER / PREMIER REPORT
Feb 14, 2009

Abramovich a constant reminder of the golden rule

LONDON — The decision had been made by the man who has changed the face of English football — some might say world football.
JAPAN
Feb 14, 2009

Trial interpreters urge certification

As the courts prepare to let citizens join with judges in trying accused criminals, legal experts are calling for improving the training and status of court interpreters.
BUSINESS
Feb 14, 2009

Will Nissan's drastic actions be enough?

Nissan Motor Co., facing its first loss in nine years, will slash 20,000 jobs, shift production abroad, cut dividend payments and have a chief recovery officer oversee it all. It may not be enough to halt the earnings slide.
Japan Times
BUSINESS
Feb 14, 2009

Panasonic asks managers to buy

Panasonic Corp., which aims to cut 15,000 jobs as it faces its first net loss in six years, has asked domestic managers to buy company products worth at least ¥100,000 to boost sales.
JAPAN
Feb 13, 2009

Waffling Aso roasted on public griddle

If there is one thing contributing to Prime Minister Taro Aso's sagging approval rate, it's his flip-flopping on the issues.
EDITORIALS
Feb 10, 2009

Seizing opportunites to expand

The current global economic downturn is deepening as the twice-yearly World Economic Outlook of the International Monetary Fund indicates. While it predicts that the world economy will grow by 0.5 percent in 2009, down from the 2.2 percent forecast earlier, the outlook for developed countries is bleaker....
COMMENTARY
Feb 10, 2009

Consumption amid constraints

During the period of Japan's rapid economic growth — from 1958 to 1973 — the three items that households yearned for most were a black-and-white TV set, washing machine and refrigerator. By 1965, when more than 80 percent of households had these items, the next targets for purchase were a color TV,...
BUSINESS
Feb 10, 2009

Machinery orders off a third month

Orders for machinery fell for a third month in December as businesses scrapped investment plans amid a collapse in exports and deteriorating earnings.
Japan Times
COMMUNITY
Jan 24, 2009

Poor beginnings help nurture get-up-and-go

Natalia Roschina feels frustrated. Frustrated at complaints about a bad economy and frustrated at people not taking the initiative to better their situation. Instead of dwelling on the dismal state of economic affairs, the entrepreneur wants to lead by example, improving herself, growing her business,...
BUSINESS
Jan 21, 2009

Toyoda family scion got to the top fair and square

Akio Toyoda, 52, heir apparent to Japan's biggest automaker, may have the founding family's blood running through his veins but was not spoiled in any way as he steadily climbed the corporate ladder, a journalist said Tuesday.
Japan Times
JAPAN
Jan 20, 2009

Temps in manufacturing: Safety valve, but no net

A day before Christmas, temporary worker Yoshinori Sato, 49, received his dismissal notice from Isuzu Motor Co.
COMMENTARY / COUNTERPOINT
Jan 18, 2009

Dialing up the decider one last time before he leaves the Oval Office

With only days left in office for the 43rd president of the United States of America, George W. Bush, I decided, on a lark — or a duck, if you will — to Skype the soon to be ex-commander in chief to find out what preoccupies his thoughts as he bids us a solemn farewell. I want to share this very...
JAPAN
Jan 14, 2009

Househusband not such a bad gig, one-third of men say

Nearly a third of married men would not mind being househusbands, according to a recent survey by the Housework Aptitude Test executive committee.
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
Jan 13, 2009

Bloated bureaucracy exposed

A common joke among some foreigners here is that everything makes sense once you realize Japan is a communist country. However, the role of privileged ruling Communist Party (or, if you have a literary bent, the pigs in George Orwell's socialist parable "Animal Farm") is played not by the perpetual opposition...
COMMENTARY
Jan 7, 2009

Lessons of the credit crunch

The credit crunch and the deepening recession have provided church leaders, politicians, economists, journalists and armchair philosophers with a good excuse for moralizing and for expounding their views on what happened, why it occurred and what to do to prevent a recurrence.
Japan Times
JAPAN
Jan 4, 2009

Cars no longer coveted by young

To get around the city, Yutaka Makino hops on his skateboard or takes the trains. Does he dream of the day when he owns his own car? Not a chance.

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear