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BUSINESS
Mar 23, 2002

Daiwa announces tieup with Agricole

Daiwa Bank Holdings Inc., the nation's fifth-largest banking group, on Friday announced a business alliance with French bank Credit Agricole SA.
BUSINESS
Mar 23, 2002

Mitsubishi Materials plans to sell Osaka's OAP Towers

Mitsubishi Materials Corp. plans to sell its 50 percent stake in OAP Towers, a building in Osaka, to a company outside its group, the company said Friday.
BUSINESS / ON MANAGEMENT
Mar 12, 2002

Honesty as a policy

Although it seems that everybody now has an opinion on the Enron debacle, I still think that the business lessons to be learned have been slighted. In a sense, what has happened with this three-card monte version of a corporation is a reflection of the worst single tendency of the last quarter-century...
BUSINESS
Mar 3, 2002

Sato Kogyo to commence bankruptcy proceedings

Sato Kogyo Co., a midsize construction contractor with group liabilities estimated at more than 500 billion yen, has given up efforts to rehabilitate itself and will resort to legal bankruptcy proceedings, company sources said Saturday.
BUSINESS
Feb 23, 2002

Japan Metals throws in towel, seeks protection from creditors

Japan Metals & Chemicals Co., the nation's top ferroalloy manufacturer, on Friday afternoon stopped trying to rehabilitate itself and filed for court protection from creditors.
EDITORIALS
Feb 8, 2002

Enron's third strike

A fter being pilloried in the press and made the new poster child for capitalist excess, Enron is being handed the final indignity: The Houston Astros baseball team has gone to court to take the company's name off its stadium. The humiliation is now complete: The former energy giant is being stripped...
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 22, 2002

Inventor hopes lawsuit over diode empowers peers

Shuji Nakamura is confident that his court battle can radically change the relationship between Japanese companies and their in-house inventors.
COMMUNITY
Dec 16, 2001

From pinholes to pixels, photgraphy keeps evolving

The camera on a tripod outside Edward Levinson's countryside home in Chiba Prefecture is deceptive in its simplicity. It has no lens or viewfinder, no focusing dial, and no shutter-release button.
BUSINESS
Nov 29, 2001

Nissho Iwai to spin off administrators

Major trading house Nissho Iwai Corp. will set up a new company in April by spinning off the administrative division at its corporate headquarters in Tokyo to streamline operations, company officials said Wednesday.
BUSINESS
Nov 29, 2001

Nissho Iwai to spin off administrators

Major trading house Nissho Iwai Corp. will set up a new company in April by spinning off the administrative division at its corporate headquarters in Tokyo to streamline operations, company officials said Wednesday.
Japan Times
JAPAN
Nov 20, 2001

Execs lament poor English of Japanese

Selecting English as its official language was not easy for Nissan Motor Co., but it helped facilitate a smooth tieup with Renault SA of France, Nissan Chairman Yoshikazu Hanawa said at a recent symposium in Tokyo.
JAPAN
Nov 16, 2001

More workers embrace early retirement

As economic woes prompt companies to pare down workforces and job-security anxiety grows amid widening cracks in Japan's storied lifetime employment system, at least one new breed is rising from the ashes -- older workers who are eager to pocket a payoff and branch out in a new direction.
BUSINESS
Oct 11, 2001

Starbucks perks on Nasdaq debut

OSAKA -- Starbucks Coffee Japan Ltd. made a superb debut Wednesday on the Nasdaq Japan stock market as investors scooped up shares of the high-profile firm.
BUSINESS
Sep 28, 2001

Hitachi plans to spin off two divisions by April

Hitachi Ltd. said Thursday it will spin off its home appliance group and industrial components and equipment group in an effort to speed up management decisions.
JAPAN
Sep 11, 2001

Arabian Oil reaches basic agreement with Kuwait

Japan's largest oil producer, Arabian Oil Co., has reached a basic agreement with Kuwait on extending its drilling rights in the Khafji oil field, the Ministry of Economy, Trade and Industry said Monday.
CULTURE / TV & Streaming / CHANNEL SURF
Sep 9, 2001

For your regular viewing pleasure

Those who believe young people don't have proper peer models should check out TBS's "Sekai Ururun Taizai (World Sojourn)," which, every Sunday at 10 p.m., features a young celebrity traveling to a distant corner of the globe and living with a local family while learning a local skill or craft.
JAPAN
Sep 7, 2001

Lens maker shines brightly in economic gloom

When Yasuo Ikuta saw the light focused by his unique lens erupt in a streak of smoke on a paved road about a decade ago, he was stunned by its potential.
BUSINESS
Sep 5, 2001

Uniqlo to open first U.K. stores

Uniqlo casual clothing will open four of its first overseas stores in and around London on Sept. 28, the operator of the chain said Tuesday.
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.
JAPAN
Aug 31, 2001

Kyocera to shed 20% of workforce amid IT slump

The Kyocera Corp. group will cut about 10,000 jobs from its global workforce of 51,000, possibly within this year, to deal with the worldwide slump in the information technology sector, company officials said Thursday.
BUSINESS
Aug 28, 2001

Mycal to unveil revised restructuring program

OSAKA -- Ailing supermarket-chain operator Mycal Corp. will announce a revised restructuring plan by the end of the week aimed at slashing its debts, company officials said Monday.
JAPAN
Aug 26, 2001

Toshiba to slash 20,000 jobs worldwide amid IT slump

Toshiba Corp. will slash 20,000 jobs from its group workforce of 190,000 to cope with deteriorating earnings in its semiconductor business amid the worldwide slump in the information technology sector, company officials said Saturday.
BUSINESS
Aug 25, 2001

J-Phone regional operators to merge

Japan Telecom Co. and its British parent Vodafone Group PLC on Friday announced that their four J-Phone cellular group companies will merge Nov. 1.
BUSINESS
Aug 18, 2001

Suntory profits decline 24% in first half of year

OSAKA -- Beverage company Suntory Ltd. said Friday its group net profit in the first half of 2001 fell 24.1 percent from a year earlier to 5.65 billion yen.
Japan Times
COMMUNITY
Aug 11, 2001

Playing chicken with telecommunication big boys

To some he is a hero. To others an anathema. For this writer, who lives in trepidation of meeting with Japanese CEOs because (sorry guys) they tend to be so predictable, Sachio Semmoto is a breath of fresh air.
JAPAN
Aug 10, 2001

Smokers sue as Japan Tobacco denies causal links

Matao Yamamoto, a 67-year-old former Kyoto cab driver, is one of a large number of smokers in Japan who deeply regrets acquiring the hard-to-quit habit.

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?