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JAPAN
Sep 7, 2002

Aomori seeks help on swindled cash

Aomori Gov. Morio Kimura on Friday asked the Foreign Ministry to help the prefecture reclaim money that a former employee of a public housing corporation allegedly embezzled and gave to his Chilean wife.
BUSINESS
Sep 6, 2002

Toyota top income earner for third consecutive year

Toyota Motor Corp. remained Japan's top taxable income earner in fiscal 2001, dominating the nation's top 50 businesses for the third year in a row, according to a list released Thursday by the National Tax Agency.
MORE SPORTS
Sep 3, 2002

American bowler strikes it rich

JUNJI NODA Staff writer Hugh Miller had made plans for his wife's birthday on Sept. 4. He was supposed to take part in the four-day Dream Bowl 2002 Match Play Tournament in Yokohama and fly home just in time to be with his wife, Donna.
BUSINESS
Aug 31, 2002

64 billion yen bailout saves Arai-Gumi

OSAKA -- Struggling general contractor Arai-Gumi Ltd. said Friday it has agreed with Konoike Construction Co. to form a capital and operational alliance, a move orchestrated by their main lender, Sumitomo Mitsui Banking Corp., to assist Arai-Gumi.
BUSINESS
Aug 24, 2002

SMBC eyes Arai-Gumi bailout move

Sumitomo Mitsui Banking Corp. is considering providing Arai-Gumi Ltd., a medium-size construction company, with a bailout worth billions of yen, sources close to the deal said Friday.
Japan Times
JAPAN
Aug 23, 2002

'Politically motivated' arrests slammed

The head of the public security department of the Osaka High Public Prosecutor's Office was arrested April 23 for allegedly being entertained to the tune of 280,000 yen by mobsters in return for providing internal information.
Japan Times
ENVIRONMENT
Aug 15, 2002

Concrete forests glimpsed through four trees

Mike was upset when he heard that four gingko trees on the corner of a lot he can see from his Setagaya Ward house in Tokyo were to be cut down. A developer is to build six cookie-cutter homes on the 600-sq.-meter plot.
Japan Times
ENVIRONMENT / WILD WATCH
Aug 15, 2002

Isolation spells survival in the Sea of Okhotsk

In penguinlike tuxedoed masses, the Tyuleni Island murres were standing in murmuring hordes, crowding the rock ledges of their remote breeding colony off the east coast of Sakhalin in the Sea of Okhotsk.
Japan Times
COMMUNITY
Aug 11, 2002

Chill out in Tokyo's favourite haunts

Sites of assassinations, murders and suicides; dark, dank tunnels and creepy old abandoned buildings; weird creatures, the stuff of legends whose origins are lost in the mists of time . . . Tokyo harbors dozens -- perhaps even hundreds -- of "ghost spots" where inexplicable, sinister phenomena have reputedly...
BUSINESS
Aug 10, 2002

Japan Telecom to sell off part of engineering unit

Japan Telecom Holdings Co. said Friday it has agreed to sell off part of an engineering subsidiary to Australian-based construction and real estate company Bovis Lend Lease Corp. in an effort to concentrate on its core telecommunications business.
BUSINESS
Jul 9, 2002

BIS calls for honesty in banking policy

The Bank for International Settlements on Monday issued a dire warning to Japan over the shaky position of its banking system, urging the government to explain to taxpayers that their money could again be needed to clean up the problem-loan situation.
JAPAN
Jul 2, 2002

Developer appeals ruling in Ishibashi Sangyo fraud case

Heo Young Joong, sentenced last week to seven years in prison for defrauding an oil materials sales company out of nearly 18 billion yen, filed an appeal Monday against the ruling.
JAPAN
Jun 29, 2002

Fixer sentenced to seven years for fraud

Real estate developer Heo Young Joong, a known fixer with ties to politicians and the underworld, was sentenced Friday to seven years in prison for bilking a Tokyo-based petroleum goods seller out of about 18 billion yen in 1996.
JAPAN
Jun 9, 2002

Rakuten eyes full shopping via mobiles

Rakuten Inc., operator of Japan's largest Internet shopping site, Rakuten Ichiba, plans to make its full online shopping service available on mobile phones by the end of the year, company officials said Saturday.
BUSINESS
Jun 8, 2002

Seibu to cut 15% of full-time jobs

Seibu Department Stores Ltd. plans to cut some 800 jobs, or about 15 percent of its full-time workforce of 5,300, by the end of March, company officials said Friday.
JAPAN
May 31, 2002

Prosecutors seek prison for Nakao

Prosecutors on Thursday sought a 3 1/2-year prison term for former construction minister Eiichi Nakao, claiming he took 60 million yen in bribes from Wakachiku Construction Co. while he was a Cabinet member in 1996.
BUSINESS / ON THE FRONT LINE
May 30, 2002

Global economic prospects remain shaky

The government declared earlier this month that the economy has bottomed out.
BUSINESS
May 28, 2002

Kumagai Gumi reports first profit in nine years

Kumagai Gumi Co. on Monday said it posted a net profit of 2.55 billion yen for the 2001 business year, the first time in nine years that black ink flowed onto its books.
BUSINESS
May 23, 2002

Odakyu Electric Railway sees black

Odakyu Electric Railway Co. said Wednesday it posted a group pretax profit of 29.41 billion yen in the 2001 business year, up 6.9 percent from the previous year, due to its strengthened management bases.
BUSINESS / ON THE FRONT LINE
May 23, 2002

Stocks climb, appear poised to top 12,000

Tokyo stocks are out of the doldrums and now appear poised to lift the Nikkei average back above 12,000, a level unseen for years.
BUSINESS / JAPANESE PERSPECTIVES
May 20, 2002

Tax reform will offer Japan realistic chance to revitalize economy

The government's Council on Economic and Fiscal Policy is scheduled to set the direction for tax reform by the end of June. Since its establishment last year, the council has set out guidelines for structural reform in fiscal, social security and other fields, but not much has been discussed about the...
COMMENTARY / World
May 19, 2002

A foil to the 'Asian Miracle'

CAMBRIDGE, England -- The past few weeks have been sad ones for the supporters of the still young democratic process in South Korea. It has been alleged that a web of corruption surrounds the presidency of Kim Dae Jung, winner of the 2001 Nobel Peace Prize. While no one has, yet, suggested that the president...
COMMENTARY
May 17, 2002

Iranians-in-exile mull return of the shah

BEVERLY HILLS, California -- These days the animated chatter in this storied city's sun-splashed cafes and deep-carpeted restaurants is not about the aftermath of 9/11, or the fall of Enron, or even the Middle East imbroglio. It's about the coming revolution in Iran.
BUSINESS
May 17, 2002

JR Tokai says revenues up 2.5%

Central Japan Railway Co. (JR Tokai) said Thursday its consolidated operating revenues grew 2.5 percent to 1.37 trillion yen in fiscal 2001, due to increased traffic on its Tokaido Shinkansen Line bullet train services.
BUSINESS
May 16, 2002

Trading house Mitsubishi logs 34.6% profit drop

Trading house Mitsubishi Corp. said Wednesday its group net profits in fiscal 2001 plunged 34.6 percent, primarily due to a 51.5 billion yen fall in securities sales.
Japan Times
JAPAN
May 15, 2002

Koto moves to stem resident boom

As many areas of central Tokyo try to woo new residents, Koto Ward is taking the opposite tack and virtually begging developers to stop constructing new apartment complexes.

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