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BUSINESS
Feb 13, 2003

JT sees tobacco sales slide 4.9%

Japan Tobacco Inc. said Wednesday it sold 60 billion cigarettes nationwide during the quarter that ended Dec. 31, down 4.9 percent from a year earlier. The company attributed the decline to:
JAPAN
Feb 12, 2003

METI aims to help sick firms beat bankruptcy

Changes to business regulations and special tax breaks will be considered to help ailing companies avoid bankruptcy and get back on their feet, according to government draft guidelines released Tuesday.
Japan Times
CULTURE / Art / NEW ART SEEN
Feb 12, 2003

Bright white, big city

Something interesting I recently learned about anatomy: There are 26 bones in the human foot, and if you break just one of them, your entire leg is basically useless.
BUSINESS / ON MANAGEMENT
Feb 11, 2003

Fatal Distraction: There's no such thing as a 'safe' investment, when it comes to a micromanaging CEO

A news story the other day included a list of a certain CEO's business activities, all on top of his "day" job: part-owner of a golf course, a hunt club and a new marina, each in a different part of the country; silent partner in his son's startup venture; prime mover behind a regional ski resort development;...
BUSINESS
Feb 11, 2003

Aeon unit sells bedclothes subsidiary

Supermarket chain Aeon Co. said Monday its U.S. arm, Aeon (U.S.A.) Inc., has sold to a Mexican firm all shares in a wholly owned subsidiary that makes bedclothes and other bedding items.
EDITORIALS
Feb 9, 2003

Newer, smarter sentinels

There is no new thing under the sun, said the quotable author of Ecclesiastes a few thousand years ago. Won over by its pith and poetry, we have always regarded that statement as self-evidently true. Lately, though, we have begun to wonder if the exact opposite isn't the case. Sometimes it seems as if...
COMMUNITY
Feb 9, 2003

How green is your green?

What a difference a decade makes.
COMMENTARY / THE VIEW FROM MOSCOW
Feb 8, 2003

Wanted: hosts for U.S. troops

MOSCOW -- Foreign-policy alignments have gone mad worldwide. A bizarre diplomatic coalition consisting of Russia, China, France and Germany now confronts the United States, Britain, Italy and Poland. Who could have imagined such a combination just 10 years ago besides readers of political thrillers?...
Japan Times
JAPAN / PREFECTURAL FARE
Feb 8, 2003

Yamaguchi outpost touts relaxed alternative to madding crowd

The fresh air of Yamaguchi Prefecture may be far removed from Tokyo, but stepping inside Oidemase Yamaguchi Kan (Welcome-to-Yamaguchi Building), its outpost in the Nihonbashi business district, can make a visitor feel half-way there.
BUSINESS
Feb 8, 2003

Kansai Economic Summit 'a festival without substance'

KYOTO -- The Kansai Economic Summit came to a close Friday amid calls for general changes in Japan's economic, political and social structure, but little progress was made over the most pressing macroeconomic issues affecting the Kansai region.
COMMUNITY / Our Lives / JAPAN LITE
Feb 8, 2003

Walk-in freezer homes breed brutes

If you have never been inside a Japanese house, just imagine throwing a bunch of furniture, your computer and your TV into a walk-in freezer. Inhabitants walk around in special thick socks and "chan-chanko," traditional Japanese-style overcoats made for wearing inside the house. Walk into the bathroom...
BUSINESS
Feb 8, 2003

Marubeni to dissolve China food unit

Trading house Marubeni Corp. said Friday it will dissolve its unprofitable Chinese subsidiary Tianjin Ronghong Sales & Distribution Co. by the end of fiscal 2002.
BUSINESS
Feb 7, 2003

Cuts to guaranteed yields only hope for insurance industry

Keiko Horikoshi, 41, sought out a financial planner last month to make sense of her and her husband's life insurance coverage.
BUSINESS
Feb 7, 2003

Mitsubishi to sell LNG firm stake

Major trader Mitsubishi Corp. said Thursday it will sell its 15 percent stake in Malaysia LNG Sendirian Berhad, a liquefied natural gas manufacturer, to Petroliam Nasional Berhad (PETRONAS), Malaysia's government-owned oil company.
BUSINESS
Feb 7, 2003

Hitachi-Mitsubishi chip deal OK'd

Hitachi Ltd. and Mitsubishi Electric Corp. obtained approval Thursday from their shareholders on a plan to spin off and integrate their semiconductor operations under a joint venture to be set up April 1.
BUSINESS
Feb 7, 2003

METI, BOJ target credit crunch

The government and the Bank of Japan will jointly promote the securitization of small and midsize companies' credit receivable as a new funding tool to deal with the credit crunch, according to plans released Thursday at the Diet.
BUSINESS
Feb 6, 2003

Toyota sees 93.9% net profit growth

Toyota Motor Corp. on Wednesday reported a group net profit of 216.1 billion yen for the October-December quarter, up 93.9 percent from the same period a year earlier on brisk sales at home and abroad.
BUSINESS
Feb 5, 2003

Burgers to stay cheap but cheese will cost you

will end its discount campaign on cheeseburgers and "frankburger" hotdogs at most of its fast food outlets next week, company officials said Tuesday. In August, McDonald's cut the price of cheeseburgers to 79 yen and frankburgers to 75 yen, but beginning Monday, consumers will have to pay 120 yen for...
BUSINESS
Feb 5, 2003

Monetary base up 13.4% to 95.367 trillion yen

Japan's monetary base in January rose 13.4 percent from a year earlier to 95.367 trillion yen, up for the 24th straight month, the Bank of Japan said Tuesday.
BUSINESS
Feb 5, 2003

Hitachi shoots into black

Hitachi Ltd. announced Tuesday that it posted a group net profit of 1.3 billion yen in the October-December quarter -- in stark contrast to a net loss of 115.8 billion yen a year earlier -- due to reduced costs and solid sales growth.
JAPAN
Feb 4, 2003

K-1 promoter arrested over taxes

A key promoter of the popular K-1 martial arts event was arrested Monday on suspicion of evading about 177 million yen in taxes, according to sources.
JAPAN
Feb 4, 2003

Nursing home operator taken in for not paying overtime

A nursing home operator in Hamura, western Tokyo, was arrested Monday on suspicion of making employees work without overtime pay in violation of the Labor Standards Law.
COMMUNITY / How-tos / LIFELINES
Feb 4, 2003

Refunded cash for working at home and a sumo day out

Greetings Greetings from 10,000 meters -- I am beginning this week's column from somewhere high over the Pacific Ocean on United Flight 897 bound for Tokyo.
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
Feb 4, 2003

Kitting out the big man in Japan

If this writer had to pick a Tom Hanks film to depict his three-and-a-half decades of life in this country, it would be a tossup between "Forrest Gump" and "Big."
COMMENTARY
Feb 3, 2003

Pendulum swings on China vs. Japan

DAVOS, Switzerland -- How wildly the pendulum swings whenever "the experts" start talking about Japan vs. China. One can do no wrong, and the other can do no right.

Longform

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The rise of AI companionship in a lonely Japan