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July 14, 2025
 

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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.
JAPAN
Jun 25, 2003

Bankruptcy protection shifts burden to cosigner

Print shop owner Yoichi Iwasaki let out a deep sigh of relief when he filed for court protection from creditors in April 2002, but little did he realize that was not the end of his troubles.
JAPAN
Jun 25, 2003

Bankruptcy protection shifts burden to cosigner

Print shop owner Yoichi Iwasaki let out a deep sigh of relief when he filed for court protection from creditors in April 2002, but little did he realize that was not the end of his troubles.
JAPAN
Jun 25, 2003

Bankruptcy protection shifts burden to cosigner

Print shop owner Yoichi Iwasaki let out a deep sigh of relief when he filed for court protection from creditors in April 2002, but little did he realize that was not the end of his troubles.
BUSINESS
Jun 21, 2003

April tertiary sector trade rose 0.3%

The index of tertiary industry activity rose 0.3 percent in April from March, the second straight monthly gain, thanks to brisk business in the telecommunications industry, the government said Friday.
BUSINESS
Jun 14, 2003

Corporate bankruptcies down for fifth month

There were 1,482 corporate bankruptcies in May, down 12.6 percent from a year earlier for the fifth consecutive month of year-on-year decline, Teikoku Databank Ltd. said Friday.
Japan Times
LIFE / Food & Drink / TOKYO FOOD FILE
Jun 13, 2003

Dean & Deluca: A slice of NY in Marunouchi

The gentrification of Marunouchi continues apace. No longer a staid salaryman ghetto, it has reinvented itself as some of the most sophisticated commercial real estate in the city. The latest arrival in the neighborhood is the sleek steel-and-glass Mitsubishi Trust building, rising high above the venerable...
COMMENTARY / World
Jun 12, 2003

S. Korea emerges from Japan's shadow

NEW DELHI -- Despite resentment against Japan for its colonial domination of the Korean Peninsula (1910-1945), South Korea followed Japan in its model of postwar economic development. In both countries, the central government established close links between commercial banks and companies while ensuring...
BUSINESS
Jun 11, 2003

April machinery orders fell 1.8%

Core private-sector machinery orders fell a seasonally adjusted 1.8 percent in April from the previous month to 874.9 billion yen, the government said Tuesday, indicating capital spending may slow later in the year.
EDITORIALS
Jun 6, 2003

What can revive insurance firms?

Deflation in Japan is taking its toll on life insurance companies. Since they make profits by investing policyholders' premiums and bank-supplied funds in stocks, bonds, real estate and other assets, they are more susceptible to falling asset prices and near-zero interest rates than companies in other...
BUSINESS
Jun 6, 2003

Capital investment slides for sixth quarter in row

Capital investment dropped 3 percent in the January-March period from a year earlier, down for the sixth consecutive quarter, according to a Finance Ministry survey released Thursday.
Japan Times
COMMUNITY
May 25, 2003

Kansai rides the onsen wave

It's a sunny Saturday afternoon, and Spa World in Osaka's Naniwa Ward is crowded with people of all ages drawn to its 16 different kinds of baths. True to its name, it's an onsen theme park with a global approach.
BUSINESS
May 24, 2003

Hazama logs net loss of 122 billion yen

Ailing contractor Hazama Corp. said Friday its group net loss swelled to 122.6 billion yen in fiscal 2002, due to valuation losses on its asset holdings, including stocks. The firm posted a group net loss of 1.66 billion yen in fiscal 2001.
BUSINESS
May 20, 2003

Ailing contractors to delay merger

Troubled contractors Kumagai Gumi Co. and Tobishima Corp. said Monday they will delay the deadline for their planned merger for a year until April 2005 so they can prepare more carefully.
BUSINESS
May 16, 2003

JR Tokai records sales decline

Central Japan Railway Co. (JR Tokai) said Thursday it suffered its first fall in group sales in three years in fiscal 2002. It attributed the decline to a slump in core bullet train services on the Tokaido Shinkansen Line amid an adverse business environment and intense competition with airlines.
COMMENTARY / World
May 9, 2003

The silent birth of a killer virus

BEIJING -- Is it the "big one" -- the indestructible one? Perhaps not. Either way, China's inability to tell the truth has made it a threat to all of us.
EDITORIALS
May 7, 2003

Ease lending to small firms

Small businesses in Japan continue to languish in the midst of a protracted economic slump. Compounding their predicament is the tight lending policy of private banks, which are said to be more selective toward smaller borrowers than larger ones. Banks may have their own reasons to restrict lending,...
BUSINESS
May 3, 2003

Debt-saddled Daiwa seeks protection

Daiwa Construction Co. said Friday it has filed with the Tokyo District Court for protection from creditors under the fast-track corporate rehabilitation law.
EDITORIALS
Apr 29, 2003

A crucial contingency package

How should Japan deal with a military attack from abroad? This question has acquired greater urgency amid heightened regional security concerns. However, military contingency legislation now before the Diet should be debated from a long-term perspective. At stake is the fundamental question of how to...
COMMUNITY / Our Lives / JAPAN LITE
Apr 26, 2003

How to tell if your neighbor is a yakuza

Several years ago as I was taking a taxi to work, the taxi driver took a shortcut down a small side street through an old neighborhood. When we rounded a corner, we were met by about 50 men dressed in suits lining both sides of the street and making deep bows. The taxi driver stopped behind a large black...
EDITORIALS
Apr 22, 2003

The meaning of low interest rates

The global economic outlook remains dim despite the swift and decisive coalition victory in Iraq. In Japan the prospects are darker still, with deflation getting worse, not better. Stock prices are at their lowest level in about 20 years. Banks are still burdened with piles of bad debt. Prime Minister...
Nissan clinches $4.5 billion bond deal after orders soar
Nissan Motor has raised $4.5 billion through a junk bond sale in U.S. dollars and euros, part of which carries a record-high coupon rate.
U.S. urges clarity on Japan’s role in potential war over Taiwan, report says
A Ground Self-Defense Force member conducts a military drill with an anti-ship missiles unit, at the GSDF's base on Miyako Island in Okinawa Prefecture in April 2022.
Tokyo hit by torrential rainfall at rush hour
People line up at Shibuya Station in Tokyo as they try to avoid the heavy rain on Thursday.
Osaka police crack down on crime ring over underage prostitution
Osaka Prefectural Police headquarters
Foreign drivers in Japan to face tougher license conversion rules from October
According to the National Police Agency, there were 75,905 people who converted their foreign driver’s license to a Japanese one in 2024, up from 48,885 in 2019.
An emoji used to say it all. Now it might say too much.
Apple’s Craig Federighi shows off a set of emoji at a conference on June 13, 2016. While the small pictures have proved helpful in conveying nuance in our texts, younger people are using them less often.
‘Our ultimate goal is to save every single Japanese video game’
After nearly shuttering earlier this year, the Tokyo-based Game Preservation Society continues its work to save the early history of Japanese gaming.
Rare vintage shots and first-time shows at TOP’s 30th anniversary
The museum's curators selected a wide array of works from the archives for the milestone exhibitions. Among other photos, Nobuyoshi Araki's work from the series "Winter Journey" (1990) was included in the "Continuity and Change" exhibition that concluded in June.
New IG Arena set to dial down temperature at Nagoya Basho, in a good way
With IG Arena getting glowing early reviews as the Nagoya Basho’s replacement venue, it may be a while before fans wax nostalgic about the Aichi Prefectural Gymnasium.
Once a niche, anime is now mainstream content for Netflix and other streaming services
Though Netflix remains the dominant choice globally for anime viewers, Amazon Prime Video has also invested heavily in anime, steadily adding titles to their catalogue.

Podcast

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

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan
By Megha Wadhwa

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