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July 26, 2025
 

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BUSINESS / JAPANESE PERSPECTIVES
Nov 25, 2002

'Asianization' and 'Wimbledonization' can avert final collapse

An economy is like a balloon. Pump hot air into it and it will soar up into the heavens. If it soars too high for too long, it eventually gets worn or torn, or both, and starts to collapse.
JAPAN
Nov 25, 2002

Bank monitor to be established in campaign to cull bad loans

A new task force to monitor banks' progress in disposing of their sour loans will be set up within the Financial Services Agency by the end of March, it was learned Sunday.
COMMENTARY / THE VIEW FROM NEW YORK
Nov 25, 2002

Gilded Age of excess returns to America

NEW YORK -- During a recent talk in this city on his lifelong subject, the Iwakura Embassy, businessman-scholar Saburo Izumi reminded those gathered that the Japanese group visited the United States during the Gilded Age. This appellation comes, of course, from American writer Mark Twain (and C.D. Warner)...
COMMENTARY
Nov 25, 2002

Flawed civil service proposal

To carry out the first major reform of the national civil service system in 50 years, the government plans to introduce legislation in the Diet next year to revise the national public service law. Under present plans, the new law would be implemented beginning in fiscal 2006. A task force of the Cabinet...
Japan Times
COMMUNITY
Nov 24, 2002

Designed to deceive

The next time you visit a department store, head over to the luxury-goods section, stop in front of a leather bag by Louis Vuitton or Gucci, and just reach out and touch it.
EDITORIALS
Nov 23, 2002

A time bomb at the sea bottom

The Spanish coast is now threatened by the biggest oil spill in history. Predictably, as much time is being spent on figuring out who is to blame as is being spent on cleanup efforts. At issue are the "flags of convenience" that allow ships to be registered in countries with which they have only a marginal...
BUSINESS
Nov 23, 2002

ACCJ: Don't cut guaranteed yields

The American Chamber of Commerce in Japan on Friday urged the government not to allow life insurance companies to cut their guaranteed yields on outstanding individual life insurance policies.
BUSINESS
Nov 23, 2002

Ad slump eats into TV Asahi profit

Asahi National Broadcasting Co., better known as TV Asahi, said Friday its group net profit for the first half of the 2002 business year dove 73.1 percent to 1.46 billion yen due to a decline in advertising revenues.
COMMENTARY / World
Nov 23, 2002

A vital role for Japan in Asia

SINGAPORE -- As Japan becomes mired in its own political, economic and financial problems and grapples with serious geostrategic concerns on the Korean Peninsula, there is great temptation for it to look inward. Such a shift, however, is to the detriment of the region, which is experiencing one of its...
Japan Times
COMMUNITY
Nov 23, 2002

Marketing Cardiff as cultural capital of Europe

This is quite a month for Bet (Elizabeth) Davies. On Nov. 28, she will receive an award from the Japanese ambassador in London on behalf of the government for services rendered to to the Japanese community in Wales, and her work in bridging Japan and the U.K. in general.
BUSINESS
Nov 23, 2002

Yoshimoto Kogyo profit up 111%

Entertainment house Yoshimoto Kogyo Co. said Friday its half-year group net profit soared 111.3 percent from a year earlier to 1.21 billion yen, despite its group pretax profit and revenues being almost flat.
BUSINESS
Nov 23, 2002

Snow sees 45 billion yen loss in first half

Snow Brand Milk Products Co. said Friday it posted a group net loss of 45.36 billion yen for the first half of this business year, due largely to hefty restructuring charges aimed at reviving the ailing dairy giant.
JAPAN
Nov 22, 2002

More and more homes going with solar power

Solar panels on roofs and verandas are becoming a more familiar sight in Japan as people acquire the systems with help from subsidies amid government efforts to curb carbon dioxide emissions and combat global warming.
BUSINESS
Nov 22, 2002

Matsumotokiyoshi profit up 22%

Matsumotokiyoshi Co., the nation's largest drug store chain, said Thursday its group pretax profit for the first half to Sept. 30 rose 21.9 percent from a year earlier to 6.8 billion yen.
BUSINESS
Nov 22, 2002

Plunging ad revenues hit Nippon Television profit

Nippon Television Network Corp. said Thursday its group net profit for the first half to Sept. 30 plunged 45.3 percent from a year earlier to 10.87 billion yen. Group pretax profit fell 35.9 percent to 23.1 billion yen on a 9.3 percent drop in operating revenues to 170.37 billion yen.
Japan Times
JAPAN
Nov 22, 2002

Prince dies after collapse on embassy squash court

Prince Takamado died Thursday night at a Tokyo hospital after collapsing during a squash lesson at the Canadian Embassy in the afternoon, the Imperial Household Agency said. He was 47.
COMMUNITY / Issues / THE ZEIT GIST
Nov 22, 2002

Japanese movies eyed for makeover

With "The Ring," the horror film based on the 1998 Hideo Nakata hit "Ringu," sailing past the $100 million mark in the United States, remakes of Japanese and other Asian films are suddenly hot in Hollywood.
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.
Tokyo is the No. 2 choice for international students
The University of Tokyo. International students are increasingly flocking to Asia, with affordability being a particularly important metric.
Junglia, Japan’s newest theme park, opens in northern Okinawa
In Junglia’s Dinosaur Safari attraction during a media preview on Thursday, a casual drive through a habitat for the prehistoric creatures goes haywire when several Tyrannosaurus rexes break out of containment.
Big unanswered questions follow Japan's big, beautiful deal with the U.S.
U.S. President Donald Trump on Wednesday in Washington, the day after he agreed to an 11th-hour trade deal with Japan.
Extreme heat grips Japan, even Hokkaido
The city of Obihiro in Hokkaido amid scorching heat on Thursday
‘Demon Slayer’ movie slashes its own box office records
“Demon Slayer: Kimetsu no Yaiba Infinity Castle” is the first installment in a trilogy that's set to wrap the anime adaptation of Koyoharu Gotoke's manga about sword-wielding heroes fighting man-eating demons.
Behind the scenes: Inside Fuji Rock’s strategy for staying on top
In recent years, Fuji Rock has had fewer blockbuster performers and showcased more top-selling Japanese acts and international musicians' first-time performances in Japan.
Hall of Fame always held deeper meaning for Ichiro
Ichiro presents then-Hall of Fame President Jeff Idelson with the bat he used to break the single-season hits record in 2004.
Japan leans into homegrown AI amid rising competition
McKinsey’s 2025 Technology Trends Outlook, published Wednesday, says that the use of “sovereign AI” is a trend gaining significant global traction, including in Japan.
JT picks: What not to miss at Fuji Rock 2025
Fuji Rock Festival turns the green slopes of Niigata Prefecture’s Naeba Ski Resort into a summer escape that offers soundtracks for every mood.
Japan’s top brands get tied up in the great sunscreen debate
A coral reef in Okinawa in July 2022. Some jurisdictions around the world have moved to ban certain sunscreens in a bid to protect coral reefs, but some say the impact on reefs is far from clear.

Podcast

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

Longform

In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
The rise of AI companionship in a lonely Japan
By Alex K.T. Martin

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