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BUSINESS / ON THE FRONT LINE
May 31, 2002

All signs point to 13,000

In a rare development in recent months, the daily turnover on the Tokyo Stock Exchange's first section topped 1 trillion yen on May 17 and stayed above this level on four of five trading days last week.
BUSINESS
May 31, 2002

Lower House takes up postal bills

The House of Representatives Committee on Public Management, Home Affairs, Posts and Telecommunications opened debate Thursday over a set of four postal services deregulation bills.
BUSINESS
May 31, 2002

Hakuhodo eyes TSE listing in fall

Toshio Miyagawa, president of advertising agency Hakuhodo Inc., said Thursday his company hopes to list on the first section of the Tokyo Stock Exchange in the fall. "Our aim to be listed next fall remains unchanged," Miyagawa told reporters during a briefing on Hakuhodo's earnings reports for fiscal...
COMMENTARY
May 30, 2002

Chirac chooses neutral team

PARIS -- Not so long ago, a majority of the EU members had leftist governments. Most have since shifted to the right, starting with Spain followed by Austria, Portugal, Italy, Denmark and, on May 16, the Netherlands -- despite very low unemployment figures under the Socialist Cabinet.
JAPAN
May 30, 2002

Morgan Stanley fund accused of tax evasion

A real-estate investment fund operated by the Morgan Stanley group of the U.S. allegedly failed to report 18 billion yen in Japanese income from the buying and selling of bad loans in 1999 and 2000, sources said Wednesday.
BUSINESS
May 30, 2002

Aozora expresses fear over foreign investment

Softbank Corp. may sell part of its stake in Aozora Bank, raising the possibility of a tussle should a leading stake fall into foreign hands, Aozora Bank President Hiroshi Maruyama said Wednesday.
BUSINESS / ON THE FRONT LINE
May 30, 2002

Global economic prospects remain shaky

The government declared earlier this month that the economy has bottomed out.
EDITORIALS
May 29, 2002

The odd couple's African tour

U.S. Treasury Secretary Paul O'Neill and Irish rock singer Bono have just concluded a four-nation tour of Africa. During their visit to Ghana, South Africa, Uganda and Ethiopia, the two men studied ways to help the world's poorest continent. They bring two very different approaches to this pressing problem....
JAPAN
May 29, 2002

Flights climb at Kansai airport

OSAKA -- Kansai International Airport, hit by a slump in international travel since the terrorist attacks in the United States last fall, is slowly attracting more overseas business, particularly from Asian airlines.
BUSINESS
May 29, 2002

Condo firm Haseko crumbles into the red

Condominium builder Haseko Corp. said Tuesday its group net balance sank into the red in the 2001 business year, due chiefly to latent losses on its real-estate holdings for sale and on other fixed assets.
Japan Times
CULTURE / Music / J-POPSICLE
May 29, 2002

And the 'nice try' award goes to . . .

It is my sad duty to report that the inaugural MTV Video Music Awards Japan, held May 24 at the Tokyo International Forum, was a less than spectacularly successful affair.
Japan Times
CULTURE / Art
May 29, 2002

Master at the cutting edge of art

Japan is often seen as a blend of the advanced and the archaic. But this combination is nothing new, as a visit to an exhibition of swords now on at the Nezu Museum in Tokyo's Omotesando district makes clear.
BUSINESS
May 28, 2002

Gibraltar Life Insurance posts 12.9 billion yen profit

Gibraltar Life Insurance Co., the successor of failed Kyoei Life Insurance Co., said Monday it posted unconsolidated net profits of 12.9 billion yen for the 2001 business year.
Japan Times
LIFE / Travel / NATURE TRAVEL
May 28, 2002

On the front lines of bird conservation

It may say as much about the status of politicians as it does about that of birds, but one of the more striking demographic statistics to emerge from the United Kingdom is this: There are currently more members of the Royal Society for the Protection of Birds than there are members of all British political...
Japan Times
JAPAN
May 28, 2002

Runway now in land holdouts' backyard

NARITA, Chiba Pref. -- Crops rustling in the wind appear to be trembling because of the jetliner taxiing nearby, its fin visible above the walls surrounding the farm.
Japan Times
LIFE / Travel
May 28, 2002

North of the border, Chinese reap a rich harvest

LAZAREVSKOYE, Russia -- In order to enter Lu Binzheng's pig farm, visitors have to dress in white lab coats, stand under an ultraviolet light to kill any germs and slosh their shoes in disinfectant.
LIFE / Travel
May 28, 2002

North of the border, Chinese reap a rich harvest

LAZAREVSKOYE, Russia -- In order to enter Lu Binzheng's pig farm, visitors have to dress in white lab coats, stand under an ultraviolet light to kill any germs and slosh their shoes in disinfectant.
JAPAN
May 27, 2002

Obituary: Genichi Kawakami

Genichi Kawakami, former president of Yamaha Corp., died of old age at a hospital in Hamamatsu, Shizuoka Prefecture, on Saturday afternoon, according to his family. He was 90.
Japan Times
CULTURE / Music / PLAY BUTTON
May 26, 2002

Phew: There and back again

Hiromi Moritani looks like a typical, well-heeled matron. Her chic black ensemble is a touch artier than the average mother's wardrobe, but sitting in her record label's office, her conversation dwells on the perils and pitfalls of being a mom. Hearing her fret over her young son and the evening's dinner...
CULTURE / Books / THE ASIAN BOOKSHELF
May 26, 2002

Wartime suffering that didn't count

JAPAN'S COMFORT WOMEN: Sexual Slavery and Prostitution During World War Two and the U.S. Occupation. By Yuki Tanaka. Routledge, London, 2002, 212 pp. $24.95 This is by far the best book available on this sordid chapter in Japan's history. Yuki Tanaka's sophisticated and textured assessment of Japan's...
Japan Times
COMMUNITY
May 26, 2002

Marketing message in a bottle

Wherever you go, wherever you look, shelves are stacked with it, vending machines are loaded with it and people are toting it in their burando bags and natty knapsacks. And that's not to mention all those billboards, magazine ads and TV spots keeping green tea up close and personal to residents of these...
SOCCER / World cup
May 25, 2002

Guidelines for changes on tickets given

The Japanese World Cup Organizing Committee on Friday announced the details for changing the name of World Cup ticket holders following an agreement reached with FIFA to broaden the reasons for the change in Thursday's FIFA ticketing sub-committee meeting.
BUSINESS
May 25, 2002

Orix to buy into Nippon Steel units

Orix Corp. said Friday it will buy a 90 percent stake in the Nippon Steel Corp. group's leasing unit and a 10 percent stake in its automobile-leasing firm, possibly in July.
BUSINESS
May 25, 2002

Sales slide leaves Isuzu Motors 1.9 billion yen in the red

Hit hard by sliding sales in both domestic and overseas markets, Isuzu Motors Ltd. announced Friday consolidated pretax and net losses of 1.9 billion yen for the 2001 business year.
BUSINESS
May 25, 2002

Yakult group net profits up 5.4%

Yakult Honsha Co. said Friday its group net profits for the 2001 business year increased 5.4 percent to 11.11 billion yen due mainly to nonoperating income, such as royalties.
BUSINESS
May 25, 2002

Shinsei Bank posted 61 billion yen profit in '01

Shinsei Bank said Friday it posted group net profits of 61.3 billion yen for the year to March 31, down 32.3 percent, as it booked loan-loss charges of 2.7 billion yen on a parent-only basis.
BUSINESS
May 24, 2002

Matsumotokiyoshi rakes in record profits

Matsumotokiyoshi Co., the nation's largest drugstore chain, said Thursday its group net profits rose 26.9 percent to a record 6.64 billion yen in the 2001 business year on strong sales at its mainline drugstore division.
Japan Times
LIFE / Lifestyle / JET STREAM
May 24, 2002

Off home in a blaze of space, light and shadow

For the past three years, the painter Beau Bernstein has lived a quiet and contemplative life in Kyoto. That is not to say he hasn't been busy. When the native New Yorker closes his Kyoto studio in July and returns to Manhattan, he'll take back with him an impressive new series of oil paintings.

Longform

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