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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.
BUSINESS
May 1, 2003

Nomura Holdings posts 120 billion yen net profit

Nomura Holdings Inc. said Wednesday it posted a consolidated net profit of 119.91 billion yen in fiscal 2002, down 28.6 percent from the year before.
BUSINESS
May 1, 2003

Industrial output rose 2.6% in '02; first time in two years

Japan's industrial production rose 2.6 percent in fiscal 2002, the first increase in two years, on robust output of automobiles and electronic devices, the Ministry of Economy, Trade and Industry said Wednesday.
LIFE / Digital / NETWISE
May 1, 2003

New Wi-Fi accessibility unleashes the Internet

After enjoying the speed and always-on convenience of broadband Internet for about a year, I was surprised one afternoon to feel an odd pang of disconnectedness when staying at a friend's cottage in Izu. With nary a phone line or fiber-optic cable for miles around, I briefly found myself wishing my friend...
Japan Times
LIFE / Lifestyle / ON THE BOOK TRAIL
May 1, 2003

"The Eternity Code," "The Countess's Calamity"

"The Eternity Code," Eoin Colfer, Puffin Books; 2003; 329 pp. The 13-year-old, pint-size mastermind of every heist known to man -- or to fairy -- is back. And in the latest installment of the "Artemis Fowl" series, time is running out not for Artemis' poor adversaries, but for him. His father, rescued...
Japan Times
CULTURE / Art
Apr 30, 2003

Now (and forever) a girl's best friend

Once the home of a prince, the Teien Art Museum is now playing host to a king's ransom in jewelry comprising a truly sparkling survey of the bijoutier's art in the four centuries spanning 1540-1940.
JAPAN
Apr 30, 2003

Collegian job offers highest since '99

The hiring outlook has brightened for students who will graduate from college or finish graduate school next spring, with the number of job offers for such students rising 4.2 percent from last year to 583,600, the highest since 1999, according to Recruit Co.
BUSINESS
Apr 29, 2003

Hitachi swings back into the black

Hitachi Ltd. said Monday it returned to profitability in fiscal 2002, thanks to cost-cutting measures.
BUSINESS
Apr 29, 2003

Unease over Sony, banks drags Nikkei to fresh low

The benchmark Nikkei index ended Monday trading at another 20-year low as investors dumped technology shares amid earnings concerns triggered by Sony Corp.'s dismal estimate last week and falls in bank shares.
COMMENTARY
Apr 28, 2003

Asian politicians slowly embrace the Net

MANILA -- Irrespective of ideological leanings, all politicians are keen on receiving media coverage. As one U.S. political campaign publication noted, "If you don't exist in the media, you don't exist."
COMMENTARY / World
Apr 28, 2003

A silver lining to the SARS epidemic

SINGAPORE -- The outbreak of severe acute respiratory syndrome, or SARS, is sending shivers down the spines of Asian governments and citizens alike. China, Hong Kong, Singapore and Vietnam have been the most affected by this scourge, while other Asian countries are desperately trying to prevent the disease...
JAPAN / Media / MEDIA MIX
Apr 27, 2003

Life is one big show -- at least for Mino

On April 18, TV Asahi premiered a new quiz show called "Thumbs Up," hosted by Monta Mino. Until this show, Asahi was the only commercial network that hadn't hired Mino to helm a regular series, which means the gruff emcee is now approaching omnipresence. He hosts eight prime-time programs a week in addition...
COMMUNITY
Apr 27, 2003

Dolphin 'treatment' defies science

Michael Williams was born severely autistic. Even when he was in his teens, he was unable to communicate, other than through screeching, and his parents had to be constantly on the alert for violent behavior. Without warning, he would bang his head against objects, bite into his own fingers or lash out...
BUSINESS
Apr 26, 2003

Lifeline for life insurers extended

The House of Councilors on Friday enacted an amendment to the insurance business law to allow the government to extend its 400 billion yen contribution to the Life Insurance Policyholders Protection Corp., a safety-net body for life insurers.
BUSINESS
Apr 26, 2003

Hino Motors sees net profit decline

Hino Motors Ltd. said Friday it posted a consolidated net profit of 4.96 billion yen for fiscal 2002, down 40.7 percent from a year earlier due to valuation losses on its securities holdings amid the slumping stock market.
BUSINESS
Apr 26, 2003

Nikkei plumbs new depths

The Nikkei index closed Friday at a fresh 20-year low, battered by sales of technology stocks that were pushed down by Sony's bearish earnings outlook released the previous day.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Apr 26, 2003

Jiro Hirano

When he was poised between high school and university in the late 1950s, Jiro Hirano had a vague idea that in life he wanted to do "something international." He knew he didn't want to study at the University of Tokyo, as his father and brother and cousins had before him. "I wanted to have a way of my...
COMMUNITY / Our Lives / JAPAN LITE
Apr 26, 2003

How to tell if your neighbor is a yakuza

Several years ago as I was taking a taxi to work, the taxi driver took a shortcut down a small side street through an old neighborhood. When we rounded a corner, we were met by about 50 men dressed in suits lining both sides of the street and making deep bows. The taxi driver stopped behind a large black...
COMMENTARY
Apr 26, 2003

An opportunity for APEC

HONOLULU -- The rapid spread of SARS, or severe acute respiratory syndrome, is a compelling demonstration of the need for a truly global health network to fight future epidemics. The particulars of this outbreak also highlight the role that the Asia-Pacific region will have to play in this effort. The...
Japan Times
JAPAN
Apr 26, 2003

Yankee-Mariner games only bright spot for travel industry

Causing yet another made-in-Japan sensation on the other side of the Pacific, New York Yankees slugger Hideki Matsui is providing a bit of much-needed relief for the nation's travel industry.
BUSINESS
Apr 25, 2003

China seen as 'second engine' of growth for ASEAN nations

The rise of China as an economic power has been greeted with a mixture of fear and hope by member states of the Association of Southeast Asian Nations, according to Chia Siow Yue, a senior research fellow with the Singapore Institute of International Affairs.
BUSINESS
Apr 25, 2003

Tertiary industry activity down 0.8%

The index of Japan's tertiary industry activity fell 0.8 percent in February from January, partly affected by sluggish tourism amid fears about the war in Iraq, the Ministry of Economy, Trade and Industry said Thursday.
BUSINESS
Apr 24, 2003

More proposals target stock falls

The ruling coalition reached a basic agreement Wednesday over more proposals aimed at halting the stock market decline, according to coalition lawmakers.

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