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BUSINESS
Jun 22, 2006

Fitch keeps Hankyu ratings intact

Fitch Ratings said Wednesday it has decided to keep the credit ratings of Hankyu Holdings Inc. unchanged because the burden stemming from the tender offer for Hanshin Electric Railway Co. shares has stayed within the anticipated level.
BUSINESS
Jun 20, 2006

Trust banks should handle assets, new BOJ member says

Newly appointed Bank of Japan Policy Board member Tadao Noda said Monday that entrusting stockholdings with trust banks is one way to boost the transparency of senior BOJ officials' financial assets.
BUSINESS
Jun 6, 2006

Murakami fund to sell Hanshin stake to Hankyu

The investment fund led by Yoshiaki Murakami announced Monday that it is selling its shares in Hanshin Electric Railway Co., paving the way for Hankyu Holdings Inc.'s takeover bid for Hanshin.
COMMUNITY / How-tos / LIFELINES
May 30, 2006

'Gokiburi,' new law and residency

Cockroaches One of our readers has been having problems with cockroaches recently. She has been cleaning the apartment regularly, placing cockroach traps and even used a "bomb" to try and get rid of them, all to no avail.
EDITORIALS
May 20, 2006

Business profits pose challenges

One company after another is announcing good business results for the fiscal year ended March 31, 2006. Firms listed on the first section of the Tokyo Stock Exchange are reporting increased revenues and profits for the fourth consecutive year. They are expected to post record recurring profits for the...
Japan Times
LIFE / Food & Drink / TOKYO FOOD FILE
May 19, 2006

Beacon: Power dining that shines

The stock market's up and ditto consumer spending. Real estate is rebounding and there's even talk of another bubble. No surprise then that we've been seeing plenty of upmarket restaurants opening in recent months. Better still, some of our favorite restaurateurs are getting into the action.
BUSINESS
May 18, 2006

Bankruptcies surged 14.9% in April

The number of corporate bankruptcies in Japan jumped 14.9 percent in April from the previous year to 1,087, with debts totaling 426.78 billion yen, and among them are contractors stung by a state crackdown on bid-rigging, Tokyo Shoko Research said Wednesday.
BUSINESS
May 13, 2006

Household savings up 2.1% in '05, averaging 17 million yen

Households with two or more members held average total savings of 17.28 million yen in 2005, up 2.1 percent from 16.92 million yen the previous year, the government said Friday.
COMMENTARY / World
May 11, 2006

Seeing Europe as a museum

WARSAW -- In the late 19th century, Europe viewed Asia mainly as either a source of inspiration for its artists or a focus of imperial ambition. Asians, for their part, viewed Europe as either a model of modernity, as in Meiji Japan, or a barometer of decay, as in China.
JAPAN
May 2, 2006

Female, elderly entrepreneurs on the rise as society grays

The number of women and elderly people preparing to start new businesses has been rising amid the aging of the population and consequent decrease in the number of small and midsize companies as their owners retire, a recent government report says.
BUSINESS
Apr 28, 2006

Earnings solid at JFE, Kobe Steel

Major steelmakers JFE Holdings Co. and Kobe Steel Ltd. both reported strong earnings Thursday for fiscal 2005 to March 31, thanks to robust domestic and overseas demand.
JAPAN
Apr 26, 2006

Dad urges harshest sentence for Obara

Timothy Blackman asked the Tokyo District Court on Tuesday to give the maximum penalty to Joji Obara, who is standing trial for the rape and fatal drugging of his daughter, Lucie, as well as another death and the rapes of eight other women.
JAPAN
Apr 18, 2006

Huser president facing criminal investigation

Police will launch a criminal investigation of Susumu Ojima, president of condominium developer Huser Ltd., and could arrest him as early as next month over a building constructed with quake safety data faked by architect Hidetsugu Aneha, sources said Monday.
JAPAN
Apr 15, 2006

Aneha to be arrested over quake-resistance data fabrication

Police investigators plan to arrest former architect Hidetsugu Aneha by the end of this month on suspicion of fabricating quake-resistance data for condominiums and budget hotels, sources said Friday.
BUSINESS
Apr 15, 2006

Bankruptcies declined to 14-year low in 2005

The number of companies that went bankrupt with debts of 10 million yen or more in fiscal 2005 fell for the fourth straight year to a 14-year low, thanks to a pickup in economic activity and government aid for struggling firms, a private credit research agency said Friday.
BUSINESS
Apr 13, 2006

Convenience stores outshined stale supermarkets in 2005

Japan's major convenience stores on Wednesday posted rosy figures for the 2005 business year, while supermarket chains lagged despite signs that personal consumption is recovering.
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
Apr 11, 2006

Exploring the world on manga — where to get started?

Hisashi Sakata Public servant, 30 All Japanese know about "doko de mo door," the "everywhere door." In Doraemon, the manga about a robotic cat, you can use the door to travel anywhere you want to go. We can dream of escaping wherever we want to go!
JAPAN
Apr 1, 2006

Designers, sellers of defective buildings face law with teeth

The Cabinet approved a package of bills Friday from the infrastructure ministry that feature a provision to toughen the maximum penalty for architects and builders who erect defective buildings.
JAPAN
Mar 29, 2006

Double-killer's death sentence upheld

The Supreme Court on Tuesday upheld a 71-year-old man's death sentence for a 1998 double-murder in Yokohama.
JAPAN
Mar 23, 2006

Bills target shoddy builders, designers

A Liberal Democratic Party panel endorsed a package of bills Wednesday drafted by the infrastructure ministry that feature a provision to toughen the penalty for architects and builders who construct faulty buildings.
BUSINESS
Mar 15, 2006

Business failures rise 3% but they leave fewer debts

The number of corporate failures rose 2.9 percent in February from a year ago to 1,044, but the amount of debt left by those businesses fell 61.2 percent from the year before to 288.50 billion yen, Tokyo Shoko Research said Tuesday.
BUSINESS
Mar 10, 2006

What will policy shift spell?

The Bank of Japan on Thursday decided to end its ultraeasy monetary policy. Following are questions and answers about the change at the central bank.
Japan Times
JAPAN
Mar 8, 2006

Another architect fakes design strength

Five Sapporo condominium complexes have been confirmed to have been built with faked earthquake-resistance data, the land ministry said Tuesday, and the city is investigating 28 more buildings the architect who compiled the data has said are not sufficiently quake-proof.
BUSINESS
Mar 7, 2006

Capital spending jumps 9.5%

Capital spending rose 9.5 percent in the October to December quarter of 2005 on an all-industry basis compared with the previous year, the Finance Ministry said Monday.
BASKETBALL / NBA / NBA REPORT
Mar 1, 2006

Raptors made Suns GM Colangelo an offer he couldn't refuse

NEW YORK -- Unlike everyone else who leaves Arizona in a hurry, Bryan Colangelo didn't head for the hills south of the border.
JAPAN
Feb 21, 2006

Lower House members not quite as rich

The average value of assets held by 479 House of Representatives lawmakers elected last September is 49.78 million yen excluding equities, according to a Kyodo News survey based on declarations released Monday.
JAPAN
Feb 16, 2006

Fraud pair probed in Luzon slaying

Tokyo police have arrested seven men in connection with labor insurance fraud, including two who accompanied a Tokyo real-estate executive to the Philippines, where he was shot to death on Luzon last summer.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past