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EDITORIALS
Nov 24, 2003

Between a rock and a hard place

China continues to grow at a blistering pace. It is emerging as one of the drivers of the global economy, sucking in exports from its neighbors and providing returns for investors. Increasingly, however, there are concerns that China is overheating: Growth is bound to stall as the business cycle asserts...
Japan Times
BUSINESS
Nov 24, 2003

East Asia needs a stable yuan: banker

Despite mounting international pressure for revaluating the yuan, a sharp fluctuation in the currency would only destabilize the Chinese economy, whose rapid expansion has aided not only Asian growth but global growth as well, a Chinese banker told a recent symposium in Tokyo.
Japan Times
JAPAN
Nov 22, 2003

'Remorseful' Nakao's bribery sentence cut by two months

The Tokyo High Court on Friday reduced the prison sentence handed to former Construction Minister Eiichi Nakao for taking 60 million yen in bribes from Wakachiku Construction Co. in 1996.
BUSINESS
Nov 8, 2003

Economic assessment raised on business confidence boom

The government upgraded its assessment of the economy after business confidence in Japan improved significantly in the July-September period from the previous quarter.
BUSINESS
Nov 7, 2003

Bad loans at major banking groups decline 13%

The combined balance of bad loans at the seven major banking groups appears to have dropped by 13 percent to 18.1 trillion yen during the six months to Sept. 30, according to banking sources.
BUSINESS
Nov 1, 2003

IRCJ to have another crack at Mitsui Mining

The Industrial Revitalization Corp. of Japan announced Friday it will bail out Mitsui Mining Co. after all, saying the firm's revised restructuring plan can work.
BUSINESS
Oct 30, 2003

Daiei rehab plan features asset sales, banking help

The proposed rehabilitation of Daiei Inc.'s Fukuoka hotel, ballpark and baseball business will feature the sale of assets and financial assistance from the supermarket giant's six main banks, sources connected with the plan said Wednesday.
JAPAN
Oct 29, 2003

Sogo chairman told to pay up

The former chairman of failed department store chain Sogo Co. was handed a court order Tuesday to pay some 12.7 billion yen to Mizuho Corporate Bank in his capacity as a guarantor for a loan extended to a Sogo outlet that later turned sour.
COMMUNITY / How-tos / LIFELINES
Oct 28, 2003

Skin care, leases and illegal tax

Skin problems NWW asks "where can I find an English-speaking dermatologist or specialist clinic in Tokyo area?"
JAPAN
Oct 28, 2003

Nakasone to quit after being sidelined by LDP

Former Prime Minister Yasuhiro Nakasone announced he will retire from politics after the Liberal Democratic Party decided Monday not to include him in a party proportional representation list for the upcoming general election.
Japan Times
JAPAN / INTERNATIONAL RATIONALE
Oct 25, 2003

Narita airport prepares for battle with Asian hubs

NARITA, Chiba Pref. -- When Masatoshi Uchida joined New Tokyo International Airport Authority, the quasi-governmental organ that operates Narita airport, in 1977, he never dreamed he'd end up selling Hermes goods.
BUSINESS
Oct 22, 2003

Surging ad revenues boost Yahoo Japan profits

Major Internet portal site operator Yahoo Japan Corp. said Tuesday its group net profit for the fiscal second quarter more than doubled to 5.91 billion yen, powered by record advertising revenue.
EDITORIALS
Oct 16, 2003

New banking hope for small firms

It appears that small-business banking in Japan is about to enter a new era. In May, the Tokyo metropolitan government unveiled a plan to create a new bank to serve smaller businesses. Now, members of the Japan Junior Chamber are pushing a similar plan. In August, they applied for permission from the...
BUSINESS
Oct 2, 2003

Mycal rehab plan earns court OK

Mycal Corp., a failed supermarket chain undergoing court-mandated rehabilitation, announced Tuesday that its rehabilitation plan has been approved by the Tokyo District Court.
BUSINESS
Sep 17, 2003

New condo supply in Tokyo up 16%

A total 5,493 new condominiums went on sale in the Tokyo metropolitan area in August, up 16.5 percent from a year earlier and a record for that month, Real Estate Economic Institute Co. said Tuesday.
Japan Times
BUSINESS / FRONT-RUNNERS
Sep 9, 2003

'Yakiniku' chain weathers hike in beef tariff

The fallout from the Aug. 1 tariff increase on beef has not yet reached the nation's largest "yakiniku" grilled-beef restaurant chains.
JAPAN
Sep 7, 2003

Daiei seeks IRCJ's assistance to revive Fukuoka operations

Struggling retailer Daiei Inc. has sought assistance from a governmental corporate revival body in the reconstruction of its baseball operations and real estate business in Fukuoka, sources close to the case said Saturday.
COMMUNITY / Our Lives / JAPAN LITE
Sep 6, 2003

Drawing the line at the gentle bovine

Did you know that there's a dairy farm in Tokyo? Forty bovine residents live in Nerima Ward, where the city grew up around the Koizumi Bokujo diary farm. I myself, would be honored to have mooing neighbors. Especially as opposed to arguing spouses, screaming children and washing machines that start at...
BUSINESS
Sep 2, 2003

IRCJ opts to bail out ailing Mitsui Mining

The Industrial Revitalization Corp. of Japan announced Monday that it has decided to bail out Mitsui Mining Co. under its resuscitation program.
BUSINESS
Aug 27, 2003

IRCJ plans to aid Mitsui Mining Co.

The Industrial Revitalization Corp. of Japan plans to assist Mitsui Mining Co. under its rescue program, sources said Tuesday.
COMMENTARY
Aug 24, 2003

Beijing betting that a better economy will calm restless Hong Kong democrats

HONG KONG -- China's strategy for dealing with the political situation in Hong Kong in the aftermath of the massive rallies last month -- when more than half a million people took to the streets -- is two-pronged: On one hand, Beijing is waging a massive economic campaign to prop up the Hong Kong economy....
BUSINESS
Aug 23, 2003

Daiei units ordered to pay off loans Kyodo News

The Tokyo District Court on Friday ordered two Fukuoka subsidiaries of struggling retailer Daiei Inc. to repay 1.38 billion yen in overdue loans to a Cayman Islands investment firm.
Japan Times
JAPAN
Jul 29, 2003

Tokyo bike couriers pedal their wares

Tokyo's perennial gridlock first prompted the birth of motorbike messenger services, but bicycle courier businesses are fast establishing themselves as viable.
BUSINESS
Jul 29, 2003

Panel gives split opinion on bank bailout system

A government advisory panel on financial affairs approved Monday a subcommittee draft report on public fund injections for ailing banks and on banks' deferred tax assets.
BUSINESS
Jul 28, 2003

Chinese currency system must face step-by-step liberalization

We recently hear a lot about the need for China to adjust the exchange rate of its currency, the yuan. In fact, Federal Reserve Board chairman Alan Greenspan, during the U.S. Senate Banking Committee hearing July 16, said it is "increasingly evident" that China should allow its currency to trade freely...
BUSINESS
Jul 19, 2003

Mori looks out for foreign children

Mori Building Co. has announced it will open a kindergarten for 180 international school children in January adjacent to the Roppongi Hills complex in Tokyo.
Japan Times
JAPAN
Jul 18, 2003

Kanda's used-book trade touts new survival ploys

Amid concerns that younger Japanese are not avid readers, like their older counterparts, Tokyo's Kanda-Jimbocho district, famed for its stores selling used books, is boasting innovative ideas to attract more customers.
Japan Times
JAPAN
Jul 10, 2003

Homeless shelters' presence, profits irk neighbors

After learning that about 20 homeless people had moved into a dormlike shelter in their neighborhood, a large group of residents in the Higashi-Nippori district of Tokyo's Arakawa Ward demanded that the local assembly close the facility and relocate its occupants.
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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