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Japan Times
BUSINESS
Mar 12, 2005

End to deposit guarantee symbolic more than strategic: economist

The upcoming removal of the government's decade-long unlimited guarantee on bank deposits is not expected to drastically change the financial portfolio of the average household, said Paul Sheard, chief economist for Asia at Lehman Brothers.
BUSINESS
Mar 10, 2005

Foreign CEO signifies a more globalized Japan

First it was Mazda, then Nissan and Mitsubishi Motors. Now it's Sony.
BUSINESS
Feb 24, 2005

Tertiary industry activity up second year

The tertiary industry activity index gained 2.2 percent in 2004 from the previous year for the second straight yearly rise, with the index registering its highest score since 1988, the government said Wednesday.
BUSINESS
Feb 17, 2005

Tax offices start accepting '04 returns

Regional tax offices nationwide began accepting 2004 income tax returns Wednesday.
BUSINESS
Feb 10, 2005

Showa Denko pretax profit up 63%

Chemical maker Showa Denko K.K. said Wednesday its consolidated pretax profit in 2004 jumped 63.2 percent from the previous year to a record 38.91 billion yen as sales grew 7.4 percent to 740.71 billion yen.
BUSINESS
Jan 22, 2005

Foreigners fail to make cut in contest to be Daiei sponsor

The state-backed Industrial Revitalization Corp. of Japan has weeded out foreign-led consortiums from its list of candidates to sponsor struggling retailer Daiei Inc., according to sources.
Japan Times
LIFE / Travel / NATURE TRAVEL
Jan 16, 2005

There's white gold on them thar African isles

'Where there's muck, there's brass." In the north of England "brass" means "cash," but the old adage about dirt and money still rings true. And you don't get much muckier than an overcrowded seabird colony on a small Atlantic island.
JAPAN
Jan 15, 2005

BOJ to speed up bill replacement program on counterfeit worries

South Korean police said Friday they have launched an investigation after a visitor from Japan was found to have used several hundred counterfeit 10,000 yen bills at a casino in Seoul. The man, an ethnic Korean who runs a real estate business in Japan, exchanged 420 bogus 10,000 yen bills at a hotel...
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
Jan 4, 2005

Racism is bad business

The Community Page has commented at length on socially-sanctioned exclusionary practices in Japan. However, it has rarely touched upon their quantifiable, longer-term effects.
Japan Times
ENVIRONMENT / WILD WATCH
Dec 30, 2004

What is behind 'shocking' Hokkaido bid for World Heritage Site status?

Recently I was lucky enough to visit no fewer than six World Heritage Sites (WHS) in northern India. An astonishing cultural, ethnic and biological diversity is well represented in India's array of national parks (NP) and WHS, and, my goodness, they have a huge wow factor.
JAPAN
Dec 29, 2004

Daiei, Misawa to get IRCJ bailout

The Industrial Revitalization Corp. of Japan made it official Tuesday: It will support ailing retailer Daiei Inc. and Misawa Homes Holdings Inc. in what would be the biggest and probably the last case taken on by the bailout agency.
Japan Times
JAPAN
Dec 20, 2004

Chief Yasukuni priest brings business savvy to shrine

At one time, Toshiaki Nambu was just an ordinary employee at Dentsu Inc., the nation's top advertising agency, working with such clients as Matsushita Electric Industrial Co.
Dec 20, 2004

Chief Yasukuni priest brings business savvy to shrine

At one time, Toshiaki Nambu was just an ordinary employee at Dentsu Inc., the nation's top advertising agency, working with such clients as Matsushita Electric Industrial Co.
BUSINESS
Dec 9, 2004

IRCJ to close 53 Daiei outlets, ask creditors to help retailer

The Industrial Revitalization Corp. of Japan, which has been asked rehabilitate Daiei Inc., plans to close 53 of the money-losing supermarket chain's 263 outlets across Japan, sources familiar with the plan said Wednesday.
BUSINESS
Dec 1, 2004

Cerberus to control Kokusai Kogyo

U.S. investment fund Cerberus Group will acquire a majority stake in Kokusai Kogyo Co. after the struggling company reduces its capital by 100 percent, sources said Tuesday.
BUSINESS
Nov 27, 2004

Diet enacts trust asset expansion bill

The Diet passed a bill Friday to expand the types of assets that can be put in a trust and thereby encourage nonfinancial companies to enter the trust business.
BUSINESS
Nov 25, 2004

Tertiary industry activity rose 0.1% in September

The tertiary industry activity index increased 0.1 percent in September from the previous month for the second straight monthly gain, after increasing 0.3 percent in August, the government said Wednesday.
EDITORIALS
Nov 21, 2004

Leave it to the beavers

You have to admire the spirit of some beavers in Louisiana who were found last week to have woven thousands of dollars worth of stolen currency into a dam they were building out of the more usual boring sticks and brush. It was certainly a whole new twist on the idea of putting money into property.
BUSINESS
Nov 20, 2004

Converted offices now used as trendy housing

Construction companies are busy these days in cities nationwide converting old office buildings with high vacancy rates into housing complexes.
Japan Times
BUSINESS
Nov 19, 2004

Banks looking to cash in on end of brokering ban

Japanese mega-banking groups are stepping up efforts to launch one-stop financial shops that provide financial services across the board, ranging from banking services to sales of stocks, bonds, mutual funds and insurance policies.
Japan Times
LIFE / Style & Design / COUNTER CULTURE
Nov 19, 2004

Ginza bites the Big Apple

American fashion institution Barneys New York has finally found a place to call home in Tokyo. Opened last month in Ginza, this is the first flagship store in Japan for the prestigious Big Apple retailer. Operated by Isetan, Barneys has been in Japan for over a decade, but fans in Tokyo have had to settle...
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
Nov 16, 2004

Are you taking care of your health?

Robert Hamilton Instructor, 31 Yes, more or less. I go to the gym 3 times a week and I watch what I eat. If you don't watch out for your health, about my age issues will start creeping up on you.
BUSINESS
Nov 13, 2004

Bill OK'd to broaden trust assets

A Lower House panel endorsed a bill Friday to expand the types of assets that can be put in trust to include intellectual property such as technology, music and animation.
BUSINESS
Nov 12, 2004

Daiei may ask founding family to offer up assets

Daiei Inc. might ask its founding family to bear some responsibility for the company's financial troubles by providing some of its personal assets to help with the retailer's rehabilitation, company sources said Thursday.
JAPAN / Media / MEDIA MIX
Oct 31, 2004

Daylight robbery -- and we accept it

Last February, the Tokyo municipal government adopted a policy to discourage key money reikin and lease renewal fees koshinryo in rental agreements. The policy is long overdue since key money and renewal fees are tenant-gouging practices sanctioned by nothing more than habit.
EDITORIALS
Oct 30, 2004

Mr. Tsutsumi's lack of accountability

To the dismay of many people, the stock scandal involving Seibu Railway Co. has exposed a cloistered corporate culture. Seibu -- which went public more than half a century ago -- allegedly filed a false securities report to the Tokyo Stock Exchange (TSE). It is also suspected of illegal insider trading....
COMMUNITY / Our Lives / WHEN EAST MARRIES WEST
Oct 23, 2004

Winning and losing the compliment game

My, I'm impressed with the way you read. Your eyes just sail across the text like a clipper ship backed by fair winds and bound for a friendly port. Even when you blink, you don't slow down. Even when I type challenging words like "panegyric" or "ibetyourbreathcouldkillahorse," you barely pause on the...
BUSINESS
Oct 21, 2004

Yahoo Japan profit jumps 46% on robust ad revenue

Yahoo Japan Corp. said Wednesday its second-quarter net profit jumped 46 percent to 8.64 billion yen, buoyed by continued growth in advertising revenue.
EDITORIALS
Oct 3, 2004

A Starbucks-saturated planet

A re we tired of Starbucks yet? Apparently not in Japan, where, after a dip into the red last year, the company reported a higher-than-expected surge in profits this past summer, fueled by cost-cutting strategies and a boom in sales of Strawberry Cream Frappuccinos. While a few unprofitable stores have...

Longform

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