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COMMENTARY
Feb 12, 2009

Dalai Lama's very existence frays relations between China, Europe

HONG KONG — At the core of Chairman Mao Zedong's revolutionary theory was the strategy of the united front: Identify the main enemy and then isolate it by forming a united front with as many other classes, groups or elements as possible. Once that is done, the process can be continued with the identification...
Japan Times
JAPAN / EXPLAINER
Feb 10, 2009

Recession won't sour Valentine's

Valentine's Day is fast approaching and stores are geared up to cater to that special time when women give their romantic others a sweet treat and, in the Japanese workplace, offer colleagues tasty tidbits out of gratitude.
BUSINESS
Feb 7, 2009

Toyota raises loss forecast to ¥450 billion

Toyota Motor Corp. radically revised its earnings projections again Friday and said it now expects a ¥450 billion group operating loss and a ¥350 billion group net loss for the year ending March 31.
JAPAN
Feb 6, 2009

'Anime,' 'manga' grab spotlight at major exhibition

At the Japan Media Arts Festival, prepare to jet into the sky like Superman and dance with speakers blasting at your hips, as the nation's largest showcase of cutting-edge "anime," "manga" and high-tech arts gets more interactive.
BUSINESS
Jan 24, 2009

Three nonlife insurers plan 2010 integration

Mitsui Sumitomo Insurance Group Holdings, Inc., Aioi Insurance Co. and Nissay Dowa General Insurance Co. announced Friday they have agreed to merge in April 2010, in a move that will create Japan's largest nonlife insurance group.
Japan Times
BUSINESS
Jan 24, 2009

KDDI profits grew 49% in third quarter

KDDI Corp. reported profit rose 49 percent in the third quarter because of lower payments for handset subsidies.
BUSINESS
Dec 31, 2008

Foot-to-the-floor Toyota now suddenly has to downshift

Amid the worldwide economic downturn and the dollar's nosedive against the yen, Toyota Motor Corp. is facing a turning point in the aggressive overseas strategy that until now has powered its growth.
Japan Times
BUSINESS / CORPORATE COMMUNICATION SYMPOSIUM
Dec 30, 2008

Transparency, information disclosure engender trust, add value

The value of a company will be determined by the trust of its stakeholders and such trust can only be gained when the firm's top executives take the initiative for information disclosure, Masahiro Sakane, chairman of Komatsu Ltd., told the Dec. 19 symposium.
BUSINESS
Dec 30, 2008

Three insurers plan merger amid fall in auto policies

Mitsui Sumitomo Insurance Group Holdings Inc., Aioi Insurance Co. and Nissay Dowa General Insurance Co. are in talks to create Japan's largest nonlife insurer, two sources said Monday.
BUSINESS
Dec 16, 2008

Takata, Akebono Brake seen as worst hit if Big Three fold

Takata Corp., Japan's largest maker of vehicle safety equipment, and Akebono Brake Industry Co. would lose the most among the country's auto parts suppliers should either General Motors Corp. or Chrysler LLC declare bankruptcy, according to Moody's Japan K.K.
BUSINESS / THE VIEW FROM EUROPE
Dec 8, 2008

Japan, Germany set to pounce on seismic shifts in auto industry

Last week, the heads of America's Big Three automakers were sitting again before a government panel, begging for money to save their companies. This time, the companies were asking for a total injection of some $34 billion — $9 billion more than just two weeks ago.
JAPAN / Media / MEDIA MIX
Nov 23, 2008

We're just playing ball

It's an open secret that TV news shows tend to go easy on big advertisers in their reporting. In the many tributes to journalist Tetsuya Chikushi, who died two weeks ago of lung cancer, no one mentioned that he was a heavy smoker. The dangers of cigarettes were never covered on his nightly TBS show,...
BUSINESS
Nov 20, 2008

Nissan warns of zero profits in second half

Nissan Motor Co. said Wednesday that second-half profit will go to zero because of lower sales in the United States and a stronger yen.
BUSINESS
Nov 20, 2008

Toyota to cut production, models in North America

Toyota Motor Corp., confronted with its first U.S. sales slump in 13 years, will further cut North American production and may offer fewer model versions to lower costs, according to a company spokesman. Assembly work at the company's U.S. and Canadian plants will be suspended on Dec. 22, extending a...
BUSINESS
Oct 29, 2008

Nissan doesn't see dust settling from global credit crunch till '10

Nissan Motor Co. expects the impact of the credit crunch to last until 2010, as tighter lending drives down vehicle sales in the U.S., Nissan Chief Executive Officer Carlos Ghosn said Tuesday.
BUSINESS
Oct 28, 2008

U.S. financial crisis puts brakes on Japan carmakers

Not only has the U.S. financial crisis sent the Big Three U.S. automakers into deep financial trouble, it is damaging the sales and profits of Japanese carmakers and forcing them to review their alliances.
BUSINESS
Sep 27, 2008

Shutdown of samurai bond mart roils investors

The fastest-growing part of the global corporate debt market, samurai bonds, has come to a standstill since Lehman Brothers Holdings Inc. became the first borrower to default on the securities since Argentina in 2002.

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