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Japan Times
LIFE / Travel / NATURE TRAVEL
Apr 20, 2003

Look what the tide brought in

Venice Beach, Fla., and the sun is hot and strong. Most tourists are simply lounging on the sand turning various shades of furious red or "Baywatch" bronze. A few are chucking Frisbees or checking out the babes.
BUSINESS
Apr 15, 2003

New condos in Tokyo fell in March

The number of new condominiums put on sale in the Tokyo metropolitan area in March totaled 9,566 units, down 11.5 percent from a year earlier, the Real Estate Economic Institute said Monday.
Japan Times
JAPAN
Apr 12, 2003

Odaiba beach not even safe for sewer rats to dip in

It's Tokyo's premier beach -- a strip of wave-washed sand carefully constructed more than a decade ago in a multibillion yen project to give the sprawling capital an ultramodern waterfront.
BUSINESS
Apr 11, 2003

Takashimaya swings to net profit

Takashimaya Co. said Thursday its group net balance swung into the black for the year to Feb. 28 but that its consolidated revenue and pretax profit dropped due to continued economic stagnation.
BUSINESS
Apr 8, 2003

IPOs in Japan slide by almost one-third

A total of 124 Japanese companies went public in fiscal 2002, down from 174 the previous year, owing mainly to sluggish stock markets, according to a report released Monday by UFJ Tsubasa Research Institute Ltd.
EDITORIALS
Apr 2, 2003

A timely resignation

It's deja vu all over again. Yet another lawmaker has fallen into disgrace over money scandals. On Monday Mr. Tadamori Oshima, the minister of agriculture, fisheries and forestry, resigned his post in order to take responsibility for the alleged graft and misuse of campaign funds by his former secretaries....
COMMENTARY
Mar 31, 2003

Win the peace with Muslims after the war

LOS ANGELES -- Location, in politics as well as in real estate, is almost everything. When British Prime Minister Tony Blair came calling on U.S. President George W. Bush, America's foremost ally raised with Washington the tender issue of repairing badly damaged relations with America's "old Europe"...
Japan Times
COMMUNITY
Mar 30, 2003

A new 'cutting-edge town' for the world

A sprawling redevelopment complex sporting luxury apartments, movie theaters, art galleries and a museum will soon give Tokyo's seedy Roppongi entertainment district a cleaner, more cultured appearance that the developer hopes will turn it into an "ultimate destination" for travelers worldwide.
JAPAN
Mar 29, 2003

Yakuza pestering civil servants

A National Police Agency poll of 2,956 local-government departments that deal directly with the public found that about 30 percent of them have had confrontations with gangsters, and around 70 percent of those faced extortionist demands in the past year alone.
BUSINESS
Mar 25, 2003

Japan's land prices fall for 12th straight year

Land prices fell for the 12th straight year in 2002, the land ministry said in a report released Monday.
COMMENTARY
Mar 24, 2003

Smashing the payoff triangle

The history of the Liberal Democratic Party includes a long list of money scandals. The recent arrest of Lower House lawmaker Takanori Sakai, charged with violating the Political Funds Control Law, is the latest reminder.
BUSINESS / JAPANESE PERSPECTIVES
Mar 24, 2003

Will new BOJ governor be able to navigate tricky global waters?

Fukui Toshihiko was officially sworn in as new governor of the Bank of Japan on Thursday, with former Vice Finance Minister Toshiro Muto and Kazumasa Iwata, a senior Cabinet official, appointed as vice governors. Under the revised BOJ Law of 1998, all members of the BOJ Policy Board are to serve a five-year...
BUSINESS
Mar 18, 2003

Economic assessment upgraded

The government on Monday upgraded its assessment of the economy due to rising corporate earnings and capital investment, but expressed caution over effects from the looming U.S.-led war on Iraq.
JAPAN
Mar 18, 2003

Decisions not to appeal end Recruit-scandal trial

Both prosecutors and defense lawyers for Hiromasa Ezoe, founder and former chairman of Recruit Co., said Monday they will not appeal a recent ruling that handed Ezoe a suspended jail term over the so-called Recruit scandal.
BUSINESS / JAPANESE PERSPECTIVE
Mar 17, 2003

Next BOJ team must sell the public a fiscal policy it can believe in

A lot has been said about the nomination of Bank of Japan Gov. Toshihiko Fukui, the events that led to the formation of his team, and the political dynamics behind that decision. Now, with his formal appointment due on Thursday, I would like to point out several tasks the central bank will need to tackle...
BUSINESS
Mar 7, 2003

Hazama asks Ando for directors and funds

Struggling construction firm Hazama Corp. said Thursday it is asking fellow midsize builder Ando Corp. to take a stake in it and dispatch directors under its new three-year business plan.
BUSINESS
Mar 6, 2003

Growing number of firms feel their payrolls are inflated

Many employers simply feel they have too many workers, a government survey showed Wednesday.
BUSINESS
Mar 6, 2003

Firms' restructuring efforts appear to be paying dividends

Figures released Wednesday by the Finance Ministry indicate that companies' restructuring efforts are paying dividends.
JAPAN
Mar 5, 2003

Recruit trials finally come to end

Hiromasa Ezoe was found guilty Tuesday for his role in the Recruit scandal, which shook Japan's political, bureaucratic and business circles in the late 1980s, making him the last of the 12 charged in the case to be sentenced.
Japan Times
JAPAN
Mar 5, 2003

Recruit exec gets suspended term in bribes scandal dating from '80s

The Tokyo District Court, ruling on a 15-year-old bribery scandal that led to the downfall of a prime minister and touched deep into the bureaucracy, gave a suspended sentence Tuesday to Hiromasa Ezoe, founder and former chairman of information conglomerate Recruit Co.
BUSINESS
Feb 22, 2003

Asahi group's pretax profit sinks 5.1% on weak sales

Asahi Breweries Ltd. said Friday its group pretax profit for the business year to Dec. 31 fell 5.1 percent from the previous year to 57.55 billion yen due to weak sales.
BUSINESS
Feb 18, 2003

Failures down in January but liabilities rose

The number of corporate bankruptcies fell 11.4 percent in January from a year earlier, but liabilities left behind rose 14.2 percent to 1.22 trillion yen, the largest January figure in the postwar period, Teikoku Databank Ltd. said Monday.
Japan Times
BUSINESS
Feb 18, 2003

Income tax season gets under way

The period for filing income tax began Monday with 524 local tax offices accepting returns for 2002.
BUSINESS
Feb 14, 2003

Tokyo new condo supply slips 2.8%

The number of new condominiums put on sale in the Tokyo metropolitan area in January fell 2.8 percent from a year before to 3,327 units, the Real Estate Economic Institute said Thursday.
JAPAN
Feb 14, 2003

Osaka unveils slimmer draft budget

OSAKA -- The city of Osaka unveiled on Thursday a belt-tightening 1.78 trillion yen draft budget for fiscal 2003 featuring cuts in subsidies, public projects and personnel outlays.
CULTURE / Books / THE ASIAN BOOKSHELF
Feb 9, 2003

Role models for a changing nation

One welcome exception to the gloomy news in Japan last year was the unexpected awarding of a Nobel Prize in chemistry to an apparently ordinary company worker. Koichi Tanaka's steadfastness, lack of personal ambition and open, nice-guy persona were a refreshing throwback to a less cynical age, and his...
BUSINESS
Feb 1, 2003

Bond buying spree expected to continue

The recent buying spree of Japanese government bonds that has pushed the key long-term interest rate to a record low will continue for at least several months, as an end to the deflationary trend is nowhere in sight, economists and analysts say.
Japan Times
LIFE / Food & Drink / TOKYO FOOD FILE
Jan 31, 2003

Coca Restaurant: Fun food in funky retro style

There is precious little architecture left in central Tokyo these days that has any history attached to it. So when restaurants want to imbue their premises with a period feel, mostly they just have to fake it. The results can range from ersatz Edo-style castles to flimsy, film-set backdrops glorifying...

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