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EDITORIALS
Sep 3, 2004

Sparing banks without spoiling them

For all practical purposes, big banks in Japan have turned the corner in their efforts to clean up their bad loans. For small and medium-size banks, though, no light is yet visible at the end of the tunnel. With caps on deposit insurance due to be fully reinstated next April, smaller lenders have no...
BUSINESS
Aug 21, 2004

Tertiary industry index up 1.6% to four-year high in April-June term

Japan's tertiary industry activity index rose during the April-June quarter to its highest level in four years, the government said Friday, reinforcing the view that the country's economic recovery has taken root among nonmanufacturers.
COMMENTARY
Aug 21, 2004

A lonely stand against the party machine

HONG KONG -- The extraordinary story of a county Communist Party secretary's lonely six-year battle against corruption in coastal Fujian Province, unveiled last week on the Web site of the official People's Daily newspaper, on one level marks a personal crusade.
BUSINESS
Aug 20, 2004

UFJ group to sell Aplus to HSBC for 100 billion

The UFJ group will sell Aplus Co., an ailing consumer finance affiliate, to the HSBC group of Britain for about 100 billion yen, according to sources.
BUSINESS
Jul 24, 2004

Sojitz Holdings pursues 250 billion yen injection

Sojitz Holdings Corp., the parent of troubled trading house Sojitz Corp., announced Friday it will seek a capital injection of around 250 billion yen from UFJ Holdings Inc., the UBS group of Switzerland and other financial institutions.
BUSINESS
Jul 17, 2004

Report says Japan must be more open to outside world

Japan needs to carry out further structural reforms to take greater advantage of economic globalization, according to the government's annual white paper on the economy.
Japan Times
JAPAN
Jul 6, 2004

Kerry has potential to further ties, scholar says

If Democratic Sen. John Kerry is elected president of the United States in November, the first half of his administration will be extremely important for Japan-U.S. relations, a prominent U.S. scholar told a recent seminar in Tokyo.
COMMENTARY
Jul 5, 2004

Genuine educational reform

As part of the government-proposed trilogy of reform, a review will be made of having the national treasury pay the costs of compulsory education. Present plans call for transferring some government revenues generated by the consumption tax and other sources to local autonomies and abolishing various...
JAPAN
Jul 1, 2004

Ex-Sogo chief told to meet contract obligation

The Tokyo High Court on Wednesday upheld a lower court ruling ordering the former chairman of department store chain Sogo Co. to pay 12.8 billion yen to Mizuho Corporate Bank as guarantor for a loan extended to a Sogo outlet that turned sour.
BUSINESS
Jun 30, 2004

Firms hold shareholders' meetings

About 1,720 companies held shareholders' meetings across Japan on Tuesday to explain their results for the 2003 business year to March 31 and to get approval for dividends and future policies.
BUSINESS
Jun 26, 2004

Japan's soaring debt now more than 700 trillion yen

Japan's outstanding debt rose 4.9 percent from a year ago to a record 703 trillion yen as of March 31, the government said Friday.
JAPAN / Media / MEDIA MIX
Jun 20, 2004

Talent agencies enjoy the biggest laugh

Yoshimoto Kogyo, one of the biggest talent agencies in Japan, recently announced that it plans to build a new 1,000-seat comedy theater in Shinjuku. The company already operates a 458-seat theater in the Shinjuku Lumine building, and like that one the new venue will present only Yoshimoto acts. The company's...
Japan Times
COMMUNITY
Jun 19, 2004

Walt Disney 'imagineer' also promotes 52 virtues

It has taken John Kavelin 40 minutes to drive from his job as director of design and production at Tokyo Disneyland to his home in Minami Azabu. At least 20 minutes faster than if he took the train, he notes, pleased.
BUSINESS
Jun 17, 2004

Foreign direct investment down 3.2%

Foreign direct investment in Japan fell 3.2 percent in fiscal 2003 from the previous year to 2.12 trillion yen, the Finance Ministry said Wednesday.
Japan Times
CULTURE / Film
Jun 16, 2004

Follow this flowery Lane

Under the Tuscan Sun Rating: * * * (out of 5) Director: Audrey Wells Running time: 112 minutes Language: English Currently showing [See Japan Times movie listings] Sometimes, when you've reached a certain age, love's not enough. It's gotta be supported with real estate. This is the moral...
BUSINESS
Jun 15, 2004

Corporate bankruptcies down 17th month in row

The number of corporate bankruptcies dropped 20.2 percent in May from a year earlier to 1,182, down for the 17th straight month, a corporate credit research agency said Monday.
CULTURE / Books / THE ASIAN BOOKSHELF
Jun 13, 2004

Banking on Japan

SAVING THE SUN: A Wall Street Gamble to Rescue Japan From Its Trillion-Dollar Meltdown, by Gillian Tett. New York: Random House Books, 2004, 2,940 yen (paper). This is a remarkable saga about the demise of Long Term Credit Bank and its improbable recovery as Shinsei Bank. It is a story about the Japanese...
JAPAN
May 31, 2004

Recruit workers allegedly hid stock gains

Dozens of former and current employees of Recruit Co., a major information service firm, have been accused of failing to declare billions of yen in profits from selling their holdings of the company's unlisted shares, sources close to the case said Sunday.
JAPAN
May 31, 2004

Recruit workers allegedly hid stock gains

Dozens of former and current employees of Recruit Co., a major information service firm, have been accused of failing to declare billions of yen in profits from selling their holdings of the company's unlisted shares, sources close to the case said Sunday.
JAPAN
May 30, 2004

TSE president slapped with pay cut

The Tokyo Stock Exchange has decided to penalize its president, Takuo Tsurushima, with a pay cut over a business improvement order issued to the bourse by the Financial Services Agency, TSE officials said Saturday.
BUSINESS
Apr 24, 2004

Tertiary industry activity index falls

Japan's tertiary industry activity index plunged in February from January, marking the largest margin of decline in seven years, the government said Friday.
JAPAN
Apr 20, 2004

Average value of assets held by Lower House members falls

The average value of assets held by 478 House of Representatives lawmakers elected last November stands at 51.6 million yen, excluding stocks, according to a Kyodo News survey released Monday.
Japan Times
Features
Apr 18, 2004

Hanging by a thread

Spurned by many top Japanese designers, patchy in quality and sprawling over a month at a mishmash of venues, the twice-yearly Tokyo Collections -- whose fall/winter 2004/05 shows end this week -- still lay claim to being the highpoints of Asia's fashion year. But are Tokyo's days numbered as the `Paris...
Japan Times
Features
Apr 18, 2004

New rich fashion a Shanghai style of sorts

SHANGHAI -- "There is nothing the Cantonese will refuse to eat, and nothing the Shanghainese will refuse to wear" is a popular Chinese adage harking back to Shanghai's 1930s heyday when it had a worldwide reputation for decadence and glamour.
COMMENTARY
Apr 13, 2004

Pakistani military tightens grip on power

ISLAMABAD In a year when Pakistani President Gen. Pervez Musharraf has promised to step down as head of the military and continue only as a civilian president, his decision to back the Parliament's approval of a new national security council, or NSC, raises fresh concerns over the future of democracy....
BUSINESS
Mar 27, 2004

Tokyu poised to sell 85% of travel unit to investment firm

Railway firm Tokyu Corp. said Friday it will sell 85.03 percent of wholly owned travel subsidiary Tokyu Tourist Corp. to Activ Investment Partners Ltd. for 2.49 billion yen.
BUSINESS
Mar 23, 2004

Electricity, gas firms vie for slice of energy market

Amid stagnant growth in household energy consumption caused by the prolonged recession, the electricity and gas industries are locked in fierce competition for sale of safe, cheap energy to homes.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Man admitted to 2025 Osaka Expo with 85-year-old ticket
The Osaka Expo, which opened last month, runs through mid-October.
In his first appearance, Pope Leo offers three big clues about his papacy
Newly elected Pope Leo XIV, formerly Cardinal Robert Prevost of the United States, appears on the balcony of St. Peter's Basilica at the Vatican on Thursday.
Pakistan hails role of Chinese jets in repelling India strikes
A J-10C fighter jet
Suspect in Tokyo Metro stabbing chose station to highlight ‘educational abuse’
Yoshitaka Toda is escorted out of a police station in Tokyo's Bunkyo Ward on Friday to be sent to prosecutors.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
Kazuki Nagasawa's sustainable designs are rooted in tradition
For centuries, artisans have unraveled strands of the fibrous bark of "shuro" trees to create a medley of everyday objects. Designer Kazuki Nagasawa is now transforming the traditional material into ethereal contemporary pieces.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ships Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

SUSTAINABLE JAPAN

Smile! It’s ‘Sanrio Time,’ now and ever after
Smile! It’s ‘Sanrio Time,’ now and ever after

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