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September 14, 2025
 

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BUSINESS
May 15, 2003

MHI saw profit rise 30% in 2002

Mitsubishi Heavy Industries Ltd. said Wednesday that its group net profit jumped 29.8 percent in fiscal 2002 to 34.33 billion yen.
BUSINESS
May 15, 2003

Takenaka told to settle with ruling bloc on yield cuts

Prime Minister Junichiro Koizumi said Wednesday he has told Financial Services Minister Heizo Takenaka to try to resolve differences within the ruling bloc over whether to allow life insurers to cut yields guaranteed to policyholders.
Japan Times
LIFE / Travel / THEN AND NOW
May 15, 2003

Where the Tokaido left the town

Eastern Shinagawa, on the western side of central Tokyo, is fast being transformed from a decaying industrial area of warehouses and rail marshalling yards into a modern business hub. One step beyond the forests of shining new high rises, however, the area's history as an Edo Period post-station town...
BUSINESS
May 14, 2003

Nichirei sees net profit rise 28.4%

Nichirei Corp. said Tuesday its group net profit in fiscal 2002 rose 28.4 percent from the previous year, thanks to the strong performance of its processed food and food wholesale divisions.
EDITORIALS
May 14, 2003

A landmark trade deal for Asia

The United States and Singapore last week concluded a free-trade agreement, the first ever between the U.S. and an Asian nation. The deal has political and economic significance, and holds out both promise and peril. While the FTA reaffirms the U.S. commitment to Asia, it could also constitute a threat...
COMMENTARY / World
May 14, 2003

Higher oil prices need not doom a nation to inflation

UBUD, Indonesia -- With high and volatile oil prices, it appears that a rough road is ahead for those countries with currencies that have become weaker relative to the U.S. dollar. Perhaps one of the biggest concerns is that Taiwan, as an importer of oil, may face a new wave of inflationary pressures...
BUSINESS
May 13, 2003

IC tags may displace book bar codes

Publishers and bookstores are considering replacing bar codes on books with ultra-thin integrated circuits combined with flat antennas, called IC tags, to prevent shoplifting and facilitate market research.
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.
Japan's cutting-edge railgun successfully strikes target vessel
The Defense Ministry’s Acquisition, Technology & Logistics Agency (ATLA) conducted a ship-board railgun shooting test from June to early July this year with the support of the Maritime Self-Defense Force.
Is America ready for Japanese-style 7-Elevens?
Convenience stores are a fixture of Japanese life and 7-Eleven, a chain that began in the U.S. in 1927, opened its first store in Japan in 1974 — and then became wholly Japanese-owned in 2005 through parent company Seven & I Holdings.
‘Fairytale’ Shirakawago ranked one of the world’s most beautiful villages
Forbes and Unforgettable Travel Company have ranked Shirakawago in Gifu Prefecture as Asia's most beautiful village.
People rush to make furusato nozei donations ahead of tighter rules
A booth from the town of Betsukai in Hokkaido at an Amazon Japan furusato nо̄zei promotion event, on Sept. 5 in Tokyo's Minato Ward.
Aging Japan’s centenarian population nears 100,000
Shigeko Kagawa, Japan's oldest person at 114, in Yamatokoriyama, Nara Prefecture, on July 30
Japan's major art events converge this fall
Shinji Ohmaki’s “Tokinokage” exhibited at Fuji Textile Week 2021 shows the use of fabric as art.
An aesthetic escape to Hakone’s art-drenched hills
Between traditional examples of fine art and sleek, modern exhibitions that blend with nature, Hakone offers a unique escape from Tokyo's urban sprawl.
Niinami’s ouster quick but not unusual as corporations protect reputation
Takeshi Niinami resigns as chairman and CEO of Suntory Holdings.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Shizuoka farmers fight to preserve sustainable tea method that’s steeped in tradition
As of August 2024, the number of confirmed chagusaba farmers had fallen to 302, just over half the 582 reported in 2015, according to the Shizuoka Chagusaba Farming Method Promotion Council.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Mai Yoshikawa

SUSTAINABLE JAPAN

Maruhachi never sleeps in quest for better futons
Maruhachi never sleeps in quest for better futons

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