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BUSINESS
Mar 20, 2002

Starzen expects to sink into red

Starzen Co., Japan's largest meat dealer, said Tuesday it expects a parent-only net loss of 1 billion yen for the 2001 business year.
BUSINESS
Mar 20, 2002

Okinawa Cellular may get regulatory break

The telecommunications minister hinted Tuesday that Okinawa Cellular Telephone Co. may remain free from regulations governing "dominant" mobile phone operators even though its controls a large share of the market in Okinawa Prefecture.
BUSINESS
Mar 19, 2002

Shimadzu to create DNA mapper with nanotechnology

OSAKA -- Precision-equipment maker Shimadzu Corp. said Monday it will begin developing a next-generation DNA-mapping device by using nanotechnology.
BUSINESS
Mar 19, 2002

Hiranuma, Yeo agree to bolster ASEAN ties

Economy, Trade and Industry Minister Takeo Hiranuma and his Singaporean counterpart, George Yeo, agreed Monday to enhance cooperation for establishing a broad economic partnership between Japan and Southeast Asia.
COMMENTARY / World
Mar 18, 2002

Free trade carries a price

WASHINGTON -- U.S. President George W. Bush's decision to impose tariffs on steel imports into the United States has been decried as a politically motivated and economically ruinous move that marks the end of free trade and initiates a battle in the World Trade Organization.
COMMENTARY
Mar 17, 2002

U.S. embargo helps keep Castro in power

HAVANA -- Roberto Alarcon, well-dressed but of unexceptional appearance, is thought to be the No. 3 man in Cuba, after only Fidel and Raul Castro. He lazily sprawled in his chair before eight American journalists, fondling his cigar.
COMMUNITY
Mar 17, 2002

Taking a more traditional view

For many residents of Kyoto, the Kyoto Tower brings to mind the story about the Parisian artist who railed to whomever would listen about how much he hated the Eiffel Tower.
CULTURE / Books
Mar 17, 2002

The only certainty is change

THE UNITED STATES AND ASIA: Toward a New U.S. Strategy and Force Posture, by Zalmay Khalilzad, et al. RAND, 2001, 260 pp. (paper). Since the collapse of the Soviet Union, Asia has enjoyed considerably more stability than has Europe, the other critical theater of the Cold War. It's fair to say that there...
Japan Times
LIFE / Food & Drink / BEST BAR NONE
Mar 17, 2002

There's inspiration around every corner

Nearly every expat in Tokyo knows Las Chicas, the hip neo-Asian garden restaurant that sprawls across the first floor of the Vision Network complex near Omotesando. But many may not realize that there is more to Vision Network than a Thai curry lunch special. A quick peek into the corners of the rambling...
CULTURE / TV & Streaming / CHANNEL SURF
Mar 17, 2002

Last wills and testaments to peace

One of the more interesting economic realities of Japan is that, despite having one of the largest per capita savings rates in the world and the fact that more than 60 percent of the nation's assets are in the hands of people over the age of 60, almost no one writes wills.
BUSINESS
Mar 16, 2002

Department store sales slipped 5.7% in February

Sales at Tokyo department stores fell 5.7 percent in February from the previous year to 142.2 billion yen, the Japan Department Stores Association said in a preliminary report Friday.
BUSINESS
Mar 14, 2002

Sasebo Heavy cuts profit outlook

Sasebo Heavy Industries Co. said Wednesday it has lowered its unconsolidated net profit forecast for the current business year through March 31 because it has been forced to return government money obtained by fraud.
BUSINESS
Mar 14, 2002

Panel hopes to spur reform with deregulation zones

A government advisory panel on deregulation has proposed creating special deregulation zones and compiling an interim report as early as June.
BUSINESS
Mar 14, 2002

Toshiba, Mitsubishi in new 3G deal

Toshiba Corp. and Mitsubishi Electric Corp. announced Wednesday they will jointly develop a third generation dual-mode mobile phone platform that will allow users of rival technology to use their handsets around the world.
BUSINESS / ON THE FRONT LINE
Mar 14, 2002

Rally has put 12,000 in Nikkei's cross hairs

During the recent rally on the Tokyo Stock Exchange, the 225-issue Nikkei average broke the 11,000 resistance line.
BUSINESS
Mar 14, 2002

METI reviews R&D, investment incentives

A trade ministry study panel on Wednesday began considering revisions to tax incentives on corporate research and development and capital investment.
BUSINESS
Mar 14, 2002

Furukawa Electric to see red for '01

Furukawa Electric Co. said Wednesday it expects to fall into the red in fiscal 2001 as the slump in information technology businesses in North America affected sales of the company's fiber-optic products.
EDITORIALS
Mar 13, 2002

An inconclusive testimony

Diet testimony given Monday by Liberal Democratic Party legislator Muneo Suzuki proved to be inconclusive. It failed to lift the heavy cloud of doubt hanging over his alleged abuse of power. The central question -- how he used his political clout to favor his friends in government and business -- was...
BUSINESS
Mar 13, 2002

Nissan to sell factory site to Buddhists

Nissan Motor Co. said Tuesday it will sell most of the site of a former auto plant in western Tokyo to a Buddhist organization for 73.9 billion yen.
BUSINESS
Mar 13, 2002

Banks told not to lower efforts

Banks should not become lax in their efforts to dispose of nonperforming loans, despite speculation that the risk of a financial crisis occurring this month has receded, Financial Services Minister Hakuo Yanagisawa said Tuesday.
BUSINESS
Mar 13, 2002

Nippon Steel to enter China housing market

Nippon Steel Corp. said Tuesday it will enter the house-building business in China by licensing its construction technology to a Chinese building materials firm.
COMMENTARY
Mar 12, 2002

Asia changed little by 9-11

HONOLULU -- While the way Americans look at the world may have fundamentally changed since Sept. 11, the basic Asian issues confronting U.S. decision-makers remain largely unchanged. A look at regional concerns shows more similarities than differences to those that existed before Sept. 11.
BUSINESS
Mar 12, 2002

'Economy watchers' see rise in business

Sentiment on the front lines of the workforce improved for the fourth month in a row in February, although pessimistic workers continue to outnumber those with an optimistic outlook, according to a government report released Monday.
COMMENTARY
Mar 11, 2002

Reform takes back seat to economic values

HONOLULU -- Despite the hype, Japan's antideflation package has failed once again to impress the critics. This failure is remarkable given the international attention that has focused on the proposal, the vote of no-confidence that had been delivered by the markets and the pressure applied by the U.S....
COMMENTARY
Mar 11, 2002

Keeping politicians on leash

In a report published March 4, the Foreign Ministry acknowledged that Liberal Democratic Party lawmaker Muneo Suzuki exerted exceptional influence over ministry affairs. The report, based on an in-house probe and released by Foreign Minister Yoriko Kawaguchi, confirmed allegations that Suzuki intervened...
COMMENTARY
Mar 10, 2002

Modern delusions of equality

LONDON -- Ask a total stranger about his or her sex life and, though he may be taken aback, he is likely to take it in stride. For what's so secret about sex? Ask a total stranger about his or her income, and she is likely to biff you for your impudence. Money is all secrets and lies.
LIFE / Food & Drink / BEST BAR NONE
Mar 10, 2002

Bartender, can you make that a double?

I was once asked to invent a list of bars with brief descriptions as part of an April Fool's joke for a magazine. In fact, one of the bars I included did (and still does) exist. But it was one I had not been able to review, because the master refuses publicity in order to maintain exclusivity. So I gave...
COMMENTARY / WASHINGTON UPDATE
Mar 9, 2002

Democrats challenging Bush on defense

WASHINGTON -- As the month began, Democrats were beginning to question President George W. Bush's handling of the war against terrorism.
BUSINESS
Mar 9, 2002

Toyo Shutter to ask banks for financial fresh air

OSAKA -- Toyo Shutter Co. said Friday it will ask six of its main banks for 12.6 billion yen in financial assistance as part of its new restructuring plan.
BUSINESS
Mar 9, 2002

S&P sees little impact from U.S. tariffs

Standard & Poor's Corp. said Friday the U.S. government's decision to place tariffs on steel imports will not immediately affect the agency's ratings on Japanese steelmakers.

Longform

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