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BUSINESS
May 13, 2003

Financial panel agrees on need to help insurers

A government advisory panel on financial affairs agreed Monday on the need to aid troubled life insurers but was divided over a plan to allow them to cut yields guaranteed to policyholders.
BUSINESS
May 13, 2003

Olympus posts record earnings

Olympus Optical Co. reported Monday record-high sales and profits on a consolidated basis for fiscal 2002, driven by its popular digital cameras and steady growth in medical equipment sales.
Japan Times
BUSINESS
May 13, 2003

Fingerprint IDs touted as leading security option

Have you ever forgotten your PIN number when attempting to withdraw cash from a bank ATM? If so, you are a target user for fingerprint identification systems.
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
May 13, 2003

Off-the-wall fiction feeds weird ideas about Japan

If you review novels set in Asia, as this writer does, it follows that you read a lot of books. To call some of them "terrible" may be putting it kindly.
BASKETBALL / NBA / NBA REPORT
May 12, 2003

Jordan has nothing to complain about

LOS ANGELES -- This is all you need to know about Michael Jordan's latest career move: Nixon left Washington with more credibility.
COMMENTARY / WASHINGTON UPDATE
May 12, 2003

Flush with victory in Iraq, Bush sets his sights on defending the White House in 2004

WASHINGTON -- President George W. Bush last week became the first American president since Franklin D. Roosevelt to declare victory in a foreign war. FDR named May 8, 1945, V-E Day for victory in Europe, and Aug. 14, 1945, V-J Day for victory over Japan. Bush proclaimed May 1, 2003, V-I Day, in grand...
SUMO
May 12, 2003

Asashoryu cruises in opener

Yokozuna Asashoryu got down to business with a convincing win over komusubi Tosanoumi but ozeki Musoyama and Kaio fell victims to first-day losses at the Summer Grand Sumo Tournament on Sunday.
JAPAN / Media / MEDIA MIX
May 11, 2003

Bailing the banks while letting the debtors die

Reportedly, the Health, Labor and Welfare Ministry has decided to address suicide, which has becomes something of an epidemic over the past decade as the economy continues its skid into the void.
BUSINESS
May 10, 2003

ANA to give up some airport space

All Nippon Airways Co. plans to return part of its rented office space at Kansai International Airport to the airport operator by the end of October, according to informed sources.
BUSINESS
May 10, 2003

Malfunction sends Japan Net Bank offline

A computer malfunction shut down Japan Net Bank's online deals for 22 hours through Friday afternoon, the company said.
BUSINESS
May 10, 2003

Ikuta against using postal savings to prop up stocks

Japan Post President Masaharu Ikuta said Friday he is against calls for the new public postal corporation to dump more funds from postal savings and insurance into the flagging stock market.
COMMUNITY / Our Lives / JAPAN LITE
May 10, 2003

Japan's most honorable form of death

"Well, you don't have a fever," the doctor told me. Next, he looked down my throat.
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.
BUSINESS
May 9, 2003

Disney operator's profit up 48.8%

Oriental Land Co., operator of Tokyo Disneyland and Tokyo DisneySea, said Thursday its group net profit for fiscal 2002 rose 48.8 percent to 18.93 billion yen.
BUSINESS
May 9, 2003

Toyota Motor logs third straight year of record earnings

Toyota Motor Corp. continued to perform strongly in fiscal 2002, setting new sales and profit highs for the third consecutive year, the nation's leading automaker said Thursday.
BUSINESS
May 9, 2003

Key gauge above 50% in March

A key gauge of the current state of the economy stayed above the boom-or-bust line of 50 percent in March for the third straight month, but will probably fall below the line next month due to slowing production, the government said Thursday.
BUSINESS
May 9, 2003

LDP split over allowing insurers to cut high yields

The Liberal Democratic Party was divided Thursday over a government plan to allow troubled life insurers to cut the high yields guaranteed to policyholders during the asset-inflated bubble economy, party lawmakers said.
BUSINESS
May 8, 2003

Shiseido shoots back to black, record earnings

Shiseido Co. not only returned to profitability for the first time in three years in fiscal 2002 but also logged record earnings thanks to strong overseas sales and cost-cutting efforts, the company said Wednesday.
BUSINESS
May 7, 2003

Ripplewood to take over Asahi Tec

U.S. investment fund Ripplewood Holdings LLC will obtain a 51 percent stake in auto parts maker Asahi Tec Corp.
COMMENTARY
May 5, 2003

Rudderless world economy

From 1993 to 2001, the administration of U.S. President Bill Clinton based its policies on the Democratic Party's platform of compassion toward the underprivileged and tolerance toward dissent. In the past, this ideology had prompted Democratic administrations to try to legislate an end to racial discrimination....
COMMENTARY
May 4, 2003

Rare chance for U.S. to fix tort lottery

WASHINGTON -- Trial attorney and U.S. Sen. John Edwards is well-liked by the plaintiff's bar. Too well-liked perhaps, since the Justice Department is investigating apparently illegal contributions to his presidential campaign -- which have since been returned -- from an Arkansas law firm. Although Edwards...
LIFE / Travel / NATURE TRAVEL
May 4, 2003

A glimmer of what lies beneath

It used to be called the Street of Ink. Before that it was known as the River Fleet, mainly because that's what it was: the River Fleet. It even spent a period as London's Grand Canal -- something to rival the Venetian version, a grand urban waterway full of jostling pleasure boats and barges.
BUSINESS
May 3, 2003

SMBC eyes 40% stake in Mitsui Mutual Life

Sumitomo Mitsui Banking Corp. and Mitsui Mutual Life Insurance Co. are in final talks to make the insurer a joint-stock company by next April, with the bank taking a roughly 40 percent stake in it, officials at both companies said Friday.
BUSINESS
May 3, 2003

Ruthless foreigners given bad-news role

Japan's regional banks are turning to a tried and true method of conveying bad news: asking a foreign third-party to do it for them.
Japan Times
COMMUNITY
May 3, 2003

Time to reconnect? Home is where the hearts are

Living abroad has its ups and downs. There are times of euphoria -- total absorption and delight with one's adopted culture -- and there are the deep troughs, when negativity sets in and everything turns hateful and to be despised. There is also that infinitely more bewildering phase, when nothing feels...
COMMUNITY / Our Lives / WHEN EAST MARRIES WEST
May 3, 2003

Tit for tat in the game of Japanese gift-giving

"Beware of Japanese bearing gifts!"
BUSINESS
May 2, 2003

Ricoh profit jumps 17.7% to hit record

Copier maker Ricoh Co. said Thursday its group net profit for the business year through March 31 jumped 17.7 percent to a record 72.51 billion yen.
BUSINESS
May 2, 2003

Millea forced to downgrade fiscal 2002 profit forecast

Millea Holdings Inc., which groups Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co., said Thursday it has revised downward its group profit forecast for fiscal 2002.

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear