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JAPAN
Jun 3, 2003

Fiscal 2002 tax revenue to fall short

Tax revenue logged a 20th straight month of year-on-year decline in April, indicating that fiscal 2002 tax revenue will fall below the targeted 44.28 trillion yen, the Finance Ministry said Monday.
JAPAN
Jun 3, 2003

Fiscal 2002 tax revenue to fall short

Tax revenue logged a 20th straight month of year-on-year decline in April, indicating that fiscal 2002 tax revenue will fall below the targeted 44.28 trillion yen, the Finance Ministry said Monday.
JAPAN
Jun 3, 2003

From language to food, things Korean seen finding favor in World Cup wake

A year after the historic cohosting by Japan and South Korea of the 2002 World Cup finals, Japan's embracing of things Korean appears to have gone beyond being simply a one-time fad.
JAPAN
Jun 3, 2003

From language to food, things Korean seen finding favor in World Cup wake

A year after the historic cohosting by Japan and South Korea of the 2002 World Cup finals, Japan's embracing of things Korean appears to have gone beyond being simply a one-time fad.
BUSINESS
Jun 3, 2003

Average wage down 0.4% in April

The average monthly wage at Japanese companies, including overtime, stood at 280,001 yen in April, down 0.4 percent from a year earlier, marking the first decline in three months, the labor ministry said Monday.
Japan Times
JAPAN
Jun 2, 2003

Private mail delivery kicks off

Delivery company Tokai Messenger Bb on Sunday launched limited mail delivery services, making it the first private-sector firm to take part in the state-run service since 1873.
COMMENTARY / World
Jun 2, 2003

It's time to build a biotechnology culture

Developments in biotechnology during the past two decades have provided us with a greater understanding of the genetic makeup of living organisms. Although the full potential of biotechnology has yet to be realized, it is now possible to isolate and move genes across different species. The main driving...
Japan Times
COMMUNITY
Jun 1, 2003

Black Ships of 'shock and awe'

Whatever Washington would have the world think, many people will only ever believe that the recent U.S. invasion of Iraq was for oil. However, U.S. power diplomacy of the Bush administration's "neoconservative" type is neither a new phenomenon, nor one confined to the Muslim Middle East.
Japan Times
LIFE / Food & Drink / BEST BAR NONE
Jun 1, 2003

Cool just around the corner

I held out no great hope for a positive outcome to a recent visit to the Ginza. Dante, the chef who some of you may remember from Tokyo Salon in the Vision Network complex in Omotesando, wanted me to come and taste his new Italian set dinner, which he has added to the menu at NB Club, a restaurant featuring...
Japan Times
COMMUNITY
Jun 1, 2003

Shame and the pious pioneer

Commodore Matthew Perry pried open the door to Japan, and the first American to pass through it was Townsend Harris.
BUSINESS
May 31, 2003

Fujitsu sells part of stake in Fanuc

Fujitsu Ltd. said Friday it has sold part of its shareholdings in industrial robot manufacturer Fanuc Ltd. to raise funds to repay interest-bearing debts, although it still the biggest shareholder.
BUSINESS
May 31, 2003

Matsushita to restart SARS-hit China plants

Matsushita Electric Industrial Co. was to resume operations Saturday at two factories in China shut down after five workers were diagnosed with SARS.
BUSINESS
May 30, 2003

Domestic industrial output declined by 1.2% in April

Domestic industrial production fell a seasonally adjusted 1.2 percent in April from the previous month for the first drop in two months, the Ministry of Economy, Trade and Industry said Thursday.
BUSINESS
May 30, 2003

Hino, Penske form capital alliance

Truck maker Hino Motors Ltd. said Thursday it has formed a capital alliance with U.S.-based major leasing firm Penske Corp. to start full-fledged operations in North America.
BUSINESS
May 30, 2003

Resona Holdings suffers 549.4 billion yen latent loss

Resona Holdings Inc. has incurred a 549.4 billion yen latent loss on the preferred shares it issued through the previous round of public fund injections, a senior government official said Thursday.
BUSINESS
May 29, 2003

Aozora sheds bad loans, ups profit

Aozora Bank said Wednesday it posted a group net profit of 23.4 billion yen in fiscal 2002, up 25 percent from the previous year, by shedding many bad loans from its portfolio and increasing its loans to good borrowers.
BUSINESS
May 27, 2003

JETRO, ministries opening 14 foreign investment offices

The Japan External Trade Organization and 13 other entities, including the trade and foreign ministries, were to each set up an office Monday aiming to boost direct foreign investment in Japan, Chief Cabinet Secretary Yasuo Fukuda said.
BUSINESS
May 27, 2003

Profit dips 13.4% for Shinsei Bank

Shinsei Bank said Monday that its group net profit fell 13.4 percent in fiscal 2002 to 53.03 billion yen.
BUSINESS
May 27, 2003

Norway to push whale meat exports

Norwegian Prime Minister Kjell Magne Bondevik, who arrived Monday in Tokyo, will promote controversial plans to export whale meat to Japan during three days of trade and business talks.
BUSINESS / JAPANESE PERSPECTIVES
May 26, 2003

Floating ABCPs on open market could repair interest rate gap

On May 17, the finance ministers of the world's major powers gathered in Deauville, France as part of efforts to set the stage for the annual Group of Eight summit in Evian. A statement adopted at the meeting urged Japan to pursue structural reforms in its financial and corporate sectors and overcome...
COMMENTARY
May 26, 2003

High cost of the farm lobby

The outlook for the World Trade Organization's new round of trade negotiations is uncertain after member nations failed to agree on farm-trade "modality" before the March 31 deadline. The U.S.-European split over the Iraq war has slowed the momentum for talks. The initial goal of reaching a comprehensive...
Japan Times
COMMUNITY
May 25, 2003

Art that's sweet enough to eat

In early summer, they might evoke dewy irises and swirling water. In autumn, plume grass trembling in the wind. Quite obviously, Japanese sweets are more than a mouthful of sweetness: They evoke the poetry and beauty of life itself.
EDITORIALS
May 25, 2003

Auguries in a coffee cup

Eight years ago, there was no such thing as a Starbucks coffee shop in Japan. Now they are part of the landscape; in the big cities, you can often find two or three of the ubiquitous stores with the round green logo within a couple of blocks of each other. That might sound like the ultimate definition...
CULTURE / TV & Streaming / CHANNEL SURF
May 25, 2003

The boy bachelor

Last week, the National Tax Bureau released its annual list of the country's top tax-payers, and at the summit of the pile of show business personalities was Masahiro Nakai, the self-effacing leader of the boy group SMAP. Nakai's high salary is easy to understand: He appears in at least a half-dozen...
BUSINESS
May 24, 2003

Scandal-hit Snow posted major loss in fiscal 2002

Snow Brand Milk Products Co. continued to struggle in fiscal 2002, suffering a group net loss of 27.1 billion yen for the year that ended in March, the scandal-tainted dairy said Friday.
Japan Times
BUSINESS
May 24, 2003

Jury out on new bank's prospects

A new bank proposed by the Tokyo Metropolitan Government appears to be good news for struggling smaller companies.
EDITORIALS
May 24, 2003

Tighten Japan's tobacco controls

The Framework Convention on Tobacco Control adopted at the latest annual assembly of the World Health Organization is the first multilateral pact in the field of public health. The harmful effects of tobacco on health are well-known, but its use remains widespread. The fact is that while the health dangers...
BUSINESS
May 23, 2003

Nippon TV net profit falls 41.4%

Nippon Television Network Corp. said Thursday its group net profit dropped 41.4 percent to 20.30 billion yen for the business year ended March 31 due to a plunge in advertising revenues amid the weak economy.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight