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May 17, 2025
 

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Japan Times
BUSINESS
Nov 22, 2002

Daiei kicks off crucial nationwide sale with help from Oh

Struggling supermarket chain Daiei Inc. started Thursday a crucial yearend sale at its 271 stores across the country.
JAPAN
Nov 21, 2002

Japan-U.S. ties better, but are they genuinely the best ever?

Since the September 2001 terrorist attacks on the United States and the subsequent war on terrorism, a number of American political leaders and experts have observed that Japan-U.S. relations have "never been better."
BUSINESS
Nov 21, 2002

Starbucks sees interim profit fall 55% in fiscal first half

Starbucks Coffee Japan Ltd. said Wednesday its net profit for the first half dropped 54.9 percent year-on-year to 220 million yen, battered by the declining popularity of its coffee shops.
Japan Times
JAPAN
Nov 21, 2002

Racecourse chief held over bribe

Tokyo police on Wednesday arrested the former head of the Kyoto Racecourse, operated by the Japan Racing Association, on suspicion of accepting 1.6 million yen in bribes from the former president of a company that makes promotional cards.
BUSINESS
Nov 21, 2002

Oji Paper profit soars on cost cuts

Oji Paper Co. said Wednesday its group net profit for the first half to Sept. 30 soared 926.9 percent from a year earlier to 5.97 billion yen, due largely to cost cuts.
BUSINESS
Nov 21, 2002

Citizen Watch has healthy first half

Citizen Watch Co. said Wednesday its group net profit for the first half to Sept. 30 surged 229.9 percent from a year earlier to 2.87 billion yen despite a 7.4 percent decline in sales to 154.79 billion yen.
BUSINESS
Nov 20, 2002

UFJ may integrate bank operations

The UFJ financial group may integrate the banking operations of UFJ Bank and UFJ Trust Bank by around January 2005, group officials said Tuesday.
JAPAN
Nov 20, 2002

Lower House OKs privatization bills

The House of Representatives passed bills Tuesday to turn 49 special-purpose public corporations into independent or privatized entities.
JAPAN
Nov 20, 2002

Nicos president quits consumer credit group

Yoji Yamada, president of Nippon Shinpan Co., resigned Tuesday as chairman of the Japan Federation of Consumer Credit Companies to take responsibility for a racketeer-related scandal at his company.
BUSINESS
Nov 19, 2002

Asia Global Crossing selects buyer

Financially troubled Asia Global Crossing Ltd. will sell its business and assets to Asia Netcom Corp., a planned joint venture to be set up by a group of investors, Asia Global Crossing's Japanese unit said Monday.
EDITORIALS
Nov 19, 2002

Mr. Hu at the pinnacle of power

Now that the Chinese Communist Party has completed a smooth leadership transition, the world is watching how Mr. Hu Jintao, the new party chief, will navigate his one-party socialist state of 1.3 billion people through the treacherous waters of globalization. Predicting his future course is complicated...
JAPAN
Nov 19, 2002

Nicos failed to sever 'sokaiya' ties

Nippon Shinpan Co., mired in allegations that its executives paid off a racketeer to expedite proceedings at the firm's general shareholders' meetings, had failed to sever ties with a number of racketeers in the late 1980s, a former company executive said Monday.
BUSINESS
Nov 18, 2002

British law firm capitalizes on thirst for global tools, investment advice

Despite Japan's much-publicized economic problems, independent financial advisers Towry Law are "very pleased" with the performance of their Japan operations, according to John Simmonds, managing director of the Britain-based company.
CULTURE / Books / THE ASIAN BOOKSHELF
Nov 17, 2002

Year of the dragon

DRAGON DANCE, by Peter Tasker. Kodansha International, 2002, 272 pp., $22.95 (cloth) After beating Tokyo's mean streets in "Silent Thunder" (1992) and "Buddha Kiss" (1997), Peter Tasker's Tokyo gumshoe Kazuo Mori finally hit his literary stride in 1999 with "Samurai Boogie" -- one of the most entertaining...
JAPAN
Nov 17, 2002

Shinsei Bank faces fine over tax on bond interest

Shinsei Bank failed to withhold 3 billion yen in the late 1990s for income tax payments on interest paid to clients overseas, sources close to the case said Saturday.
EDITORIALS
Nov 17, 2002

A green light for ivory merchants

Japan said nothing in the runup to the 12th Conference of the Parties to the U.N. Convention on International Trade in Endangered Species (CITES), the 160-nation forum that met in Chile last week to reconsider, among other things, the 13-year-old ban on ivory sales. It didn't have to, really. Everyone...
Japan Times
BUSINESS / INDUSTRY TRENDS
Nov 16, 2002

'Oden' is secret weapon in 24-hour stores' war for customers

For many modern urban residents, the typical harbinger of winter is the smell of "oden" steaming on the convenience store counter.
BUSINESS
Nov 16, 2002

JAL group operating profit dropped 26.7% in first half

Japan Airlines Co. said Friday its group operating profit for the first half of the business year fell 26.7 percent on a year-on-year basis to 28.55 billion yen.
EDITORIALS
Nov 16, 2002

A shadow over the U.S. economy

Prospects for the U.S. economy look increasingly uncertain, and not only for cyclical reasons. Although third-quarter GDP increased at an annual rate of over 3 percent, posting four straight quarters of expansion, there are signs that consumers are beginning to tighten their purse strings. In October,...
BUSINESS
Nov 16, 2002

Fewer bankruptcies but high liabilities left behind

The number of corporate bankruptcies fell in October from a year earlier for the third straight month, but the amount of liabilities left by failed firms was at the second-highest level for October in the postwar period, credit research agency Teikoku Databank Ltd. said Friday.
COMMENTARY / World
Nov 15, 2002

Trade pact could trap ASEAN into state of irrelevance

HONOLULU -- Supporters of the ASEAN-China Free Trade Area (ACFTA) argue that numbers tell the story. And indeed, they do.
BUSINESS
Nov 15, 2002

Sharp to make solar systems in U.S.

OSAKA -- Sharp Corp. said Thursday it will start producing solar-power generation systems in the United States next spring, marking its first overseas production of the systems.
BUSINESS
Nov 14, 2002

MHI net balance returns to black

Mitsubishi Heavy Industries Ltd. said Wednesday its group net balance in the first half to Sept. 30 returned to the black, thanks mainly to a sizable decrease in latent losses on securities holdings.
Japan Times
JAPAN / AT THE JUNCTION
Nov 14, 2002

Ailing expressway entities' fate hangs in balance

A showdown looms between advocates of reform and vested interests.
COMMENTARY / World
Nov 14, 2002

SEC's post-Enron reforms pose challenge for Japanese multinationals

NEW YORK -- As if Japan's corporate sector didn't have problems with long-term economic deterioration and deflation, the stock market disaster and nonperforming loans, the U.S. Securities and Exchange Commission has added another headache. The issue at hand is the extent to which Japanese companies will...
BUSINESS
Nov 13, 2002

Yamato net profit jumps 16.7%

Yamato Transport Co. said Tuesday its group net profit in the first half rose 16.7 percent to 13.92 billion yen.
Japan Times
BUSINESS
Nov 13, 2002

Analysts skeptical over 'industrial revival body'

It might work. But probably not.
Success of Chinese-made fighter jets against India raises alarm in Asia
Chinese J-10 fighter jets from the People's Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, in November 2015.
Rich Japanese still fear yen crash, wealth manager says
The yen slumped more than 2% on Monday alone, nearing ¥150 to the dollar, after the U.S. and China temporarily lowered tariffs, triggering a reversal of bearish dollar bets.
Japan to recognize Taiwan as place of origin in family registration system
Masataka Yuhara, secretary-general of the Friends of Lee Teng Hui Association in Japan, which has been calling for "Taiwan" to be permitted as a place of origin in family registers.
Irresponsible climbing prompts debate over who should pay for Mount Fuji rescues
Mount Fuji fills the skyline above a bridge connecting stores at a popular outlet shopping center in the city of Gotemba, Shizuoka Prefecture, in November 2024.
Akazawa's dilemma: no tariff deal or a half-baked deal
Chief tariff negotiator Ryosei Akazawa and his delegation in the Oval Office of the White House in April. Since then, Japan's trade negotiations with the U.S. have produced no tangible results.
For his first feature film, director Ryuya Suzuki created a masterpiece
"Jinsei," which follows its protagonist over a century, probes themes of identity and societal issues with a dark comic touch. The director, however, says he created the story without knowing where it would lead.
Historian Rob Fitts discovers earliest ever reference to baseball in Japan
Japan's Shohei Ohtani carries the Japanese flag onto the field before the start of the World Baseball Classic final against the United States in Miami on March 21, 2023.
Japanese retailers turn to California rice for cheaper alternative
U.S. Ambassador to Japan George Glass eats California rice at the U.S. Embassy in Tokyo on Tuesday along with Mitsuko Tsuchiya, vice president of retailer Aeon.
Harmfully hot days for pregnant women in Japan nearly doubled over past five years
New research by a U.S. climate scientists’ group reveals that extreme heat has increased the risks of preterm births and other pregnancy complications in Japan, nearly doubling the number of days that are harmfully hot for pregnant women over the past five years.
Sumo title contenders already emerging in early stages of Tokyo meet
Onosato (left) battles Abi on Day 3 of the Summer Basho in Tokyo on Tuesday.

Podcast

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

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?
By Tomoko Otake

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Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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