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July 26, 2025
 

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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.
JAPAN
Nov 13, 2002

FTC orders four road firms to stop fixing contract bids

The Fair Trade Commission ordered four firms closely linked to Japan Highway Public Corp. on Tuesday to stop rigging bids for road maintenance work ordered by the corporation.
BASEBALL / MLB
Nov 13, 2002

Cabrera stealing Matsui's thunder so far

OSAKA -- Seibu Lions slugger Alex Cabrera tied the Japanese record for home runs in a single season, and next season, he thinks he'll reach No. 56.
BUSINESS
Nov 13, 2002

Diet panel to summon bank chiefs

A key Diet panel will summon the presidents of the nation's four major banking groups and the chiefs of banking industry bodies to testify on the bank shakeup plan devised by Financial Services Minister Heizo Takenaka, lawmakers said Tuesday.
BUSINESS
Nov 12, 2002

Nikon logs big group net loss in first half

Major optical equipment maker Nikon Corp. announced Monday it posted a group net loss of 3.48 billion yen for the first half of the business year due to the slump in the semiconductor market and restructuring costs.
Japan Times
BUSINESS
Nov 12, 2002

Mitsubishi reveals to media multiplatform Colt compact

Mitsubishi Motors Corp. unveiled Monday the new Colt compact as its first model using a platform jointly developed with German-American auto giant DaimlerChrysler AG.
CULTURE / Books / THE ASIAN BOOKSHELF
Nov 10, 2002

The mismeasure of Emperor Meiji

EMPEROR OF JAPAN: Meiji and His World 1852-1912, by Donald Keene. Columbia University Press: New York, 2002, 922 pp. + xiii + 18 pp. of illustrations, $39.50 (cloth) Like any great story, history prefers that its leading men (and women) have some sparkle, whether a foible (Henry VIII's marital tangles;...
Japan Times
JAPAN / WEEKEND WISDOM
Nov 10, 2002

Magazine muckrakes where major media won't make waves

The Asahi Shimbun's April 9, 1999, morning edition featured a front-page story by the monthly magazine Uwasa-no-shinso (The Truth Behind the Rumors) that sparked a scandal leading to the downfall of the then head of the Tokyo High Public Prosecutor's Office.
BUSINESS
Nov 9, 2002

DPJ drafts emergency economic package

The Democratic Party of Japan drafted an emergency economic package Friday that would let consumers deduct interest payments on mortgages, automobile loans and other loans from their taxable income.
EDITORIALS
Nov 9, 2002

Changing of the Beijing guard

China is set to have a new generation of younger leaders. The Chinese Communist Party will announce a sweeping reshuffle at a plenary session of the Central Committee following the 16th Party Congress, which opened Friday for a weeklong session. The National People's Congress next spring will also choose...
BUSINESS
Nov 9, 2002

IT slump bludgeons Itochu profit

Trading house Itochu Corp. said Friday its group net profit in the first half of the 2002 business year dropped 11.8 percent from a year earlier to 22.24 billion yen due to the slump in the domestic IT sector.
BUSINESS
Nov 9, 2002

KDDI sees group net profit jump 205.4% in first half

KDDI Corp. said Friday its group net profit for the business first half to Sept. 30 soared 205.4 percent from a year earlier to 20.45 billion yen.
BUSINESS
Nov 9, 2002

Shiokawa wants 'major cuts' in national capital gains tax

Finance Minister Masajuro Shiokawa said Friday the capital gains tax should be significantly reduced -- although not to zero, because that would cause problems for the tax system.
Japan Times
JAPAN
Nov 9, 2002

Price is right for 'carbon fund' investments now

It would be wise for Japanese firms to invest in so-called carbon funds soon so they can meet greenhouse gas emissions targets more cheaply and on schedule, according to Ken Newcombe, manager of one such fund run by the World Bank.
BUSINESS
Nov 8, 2002

Yamada Denki logs strong earnings

Yamada Denki Co., a mass retailer of discount home appliances, on Thursday reported strong parent-only earnings for the first half of the 2002 business year, citing brisk sales and a larger operating profit.
Japan Times
BUSINESS
Nov 8, 2002

DoCoMo group profit plummets

NTT DoCoMo Inc. said Thursday its group net profit for the fiscal half plummeted 95.3 percent year-on-year to 4.17 billion yen, due to hefty appraisal losses on its overseas investments.
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
Japan ties with South Korea for second most powerful passport
Japanese passport holders have visa-free access to 190 destinations out of 227 globally.
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.
Pentagon looks to unleash ‘military drone dominance’
U.S. Secretary of Defense Pete Hegseth hosts a drone demonstration at the Pentagon in Arlington, Virginia, on July 10.

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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