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July 23, 2025
 

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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.
BUSINESS
May 24, 2002

Issue more bonds, forget promise: Aso

The government should issue additional bonds to finance possible tax cuts, even if the move would bring bond flotation above the 30 trillion yen ceiling set by Prime Minister Junichiro Koizumi, the top policymaker of the ruling Liberal Democratic Party said Thursday.
COMMENTARY
May 23, 2002

U.S. idiosyncrasies on Cuba, free trade

LOS ANGELES -- Undoubtedly, former U.S. President Jimmy Carter's red-carpet reception in Cuba rubbed President George W. Bush the wrong way.
BUSINESS
May 23, 2002

Nissan Diesel nets 600 million yen profit

Nissan Diesel Motor Co. said Wednesday a decline in group sales due to reduced sales volume in the 2001 business year was offset by an expansion in group net profits resulting from cost cuts.
Japan Times
JAPAN
May 23, 2002

Helper dogs get legal power to work in public facilities

The Diet enacted a law Wednesday that makes it mandatory for public and transportation facilities to permit the entry of helper dogs that accompany disabled people.
COMMENTARY / WASHINGTON UPDATE
May 23, 2002

Intelligence that got the U.S. nowhere

WASHINGTON -- "What did they know and when did they know it?" That is a paraphrase of the critical question that dogged Richard Nixon through the dreadful days of Watergate. Now, the same question is being asked again. What did the intelligence community know about the threat of terrorists -- specifically,...
BUSINESS
May 23, 2002

Odakyu Electric Railway sees black

Odakyu Electric Railway Co. said Wednesday it posted a group pretax profit of 29.41 billion yen in the 2001 business year, up 6.9 percent from the previous year, due to its strengthened management bases.
BUSINESS
May 23, 2002

Investment keeps Wowow in red

Satellite broadcaster Wowow Inc. on Wednesday said it remained in the red in the 2001 business year under the weight of initial investments in launching digital broadcasting services.
COMMUNITY / Issues / THE ZEIT GIST
May 23, 2002

Buyers be wares -- shopping consumes Japan

I was once asked to translate a pamphlet published by the municipal government of one of the most beautiful and historically endowed cities in Japan. The material was aimed at foreign companies and their expat employees to entice them to the city.
BUSINESS
May 23, 2002

BOJ upgrades economy for third month

The Bank of Japan on Wednesday upgraded its economic assessment in May for the third consecutive month, saying the rate of decline has eased.
COMMENTARY / World / GUEST FORUM
May 23, 2002

Marines on Okinawa are worth keeping

Thirty years after reversion to Japan, the U.S. Marine bases on Okinawa remain a contentious issue. Periodic calls for their reduction or elimination may be good politics, and offer academics and other commentators the satisfaction that they are taking a "progressive" stance on the issue.
JAPAN
May 23, 2002

Police search firms linked to dumpling manufacturer

OSAKA -- Osaka Prefectural Police conducted a series of searches Wednesday after the discovery that the Mister Donut chain in Japan had been using an unauthorized antioxidant in its dumplings.
BUSINESS
May 22, 2002

Tokyo government inspects Mizuho over ATM fiasco

The Tokyo Metropolitan Government started on-site emergency inspections Tuesday at Mizuho Bank's headquarters in Chiyoda Ward, four key branches and the bank's civil service business center to look into the computer fiasco that occurred with their April 1 launch under Mizuho Holdings Inc.
BUSINESS
May 22, 2002

Oji Paper reports group net loss

Oji Paper Co. said Tuesday it incurred a group net loss of 17.7 billion yen for the business year to March 31, its first loss in three years, due mainly to valuation losses on stockholdings.
BUSINESS
May 22, 2002

Nissan, Toyota gear up to win lion's share of minivan market

Nissan Motor Co. and Toyota Motor Corp. are gearing up for keener competition in the minivan market, auto industry officials said Tuesday.
JAPAN
May 21, 2002

Titanium dioxide plus sunlight spells clean

The exterior walls of the Toto Research Institute in Chigasaki, Kanagawa Prefecture, look like patchwork; some square areas are dark with stains while others are spotless.
BUSINESS / TAKING STOCK
May 21, 2002

Stock rebound brings hope of stability

The recent rebound on Wall Street could presage a more stable market in the near term.
BUSINESS
May 21, 2002

Outlook stressful for steelmakers: S&P

The credit quality of Japanese steelmakers will remain pressured by poor business conditions in the industry, with few prospects for sustained improvement in domestic demand, Standard & Poor's Corp. said Monday.
BUSINESS
May 21, 2002

Mitsui buys into Gene Networks

Mitsui & Co. and subsidiary Mitsui Knowledge Industry Co. have separately taken a 4.23 percent stake in U.S. biotechnology venture Gene Networks Inc. for $250,000 each, the parent firm said Monday.
COMMENTARY / JAPAN IN THE GLOBAL ERA
May 20, 2002

Parochialism produces few world leaders

LAUSANNE, Switzerland -- Following the appearance of one of the recent articles in this series on Japan in the global era, a colleague of mine, Dominique Turpin, who has been doing research on Japanese industry for some 20 years, came into my office and said, "Jean-Pierre, when are you going to start...
COMMENTARY
May 20, 2002

Dispel the end-of-era mood

An interesting new book by Edo Period literary expert Takehiko Noguchi, "Bakumatsu Kibun" (The Mood in the Last Days of the Tokugawa Shogunate), details how shogunate officials and citizens of Edo indulged themselves in lavish consumption and entertainment as they faced the demise of the government....
BUSINESS
May 20, 2002

Share buybacks in vogue among top Japanese firms

Major Japanese companies are buying back more of their own shares to prop up their sagging stock prices as the equity market continues to slump.
Japan Times
ENVIRONMENT
May 19, 2002

Whaling: A live issue over death

Whales dolphins and porpoises, the aquatic mammals collectively called cetaceans, number less than 80 species, or fewer than 2 percent of all mammals. They are, however, probably the most talked about and written about of all wild animals -- despite being some of the most poorly understood creatures...
CULTURE / TV & Streaming / CHANNEL SURF
May 19, 2002

The inns and outs in the life of okami

O ne of the subsections of TV Tokyo's large selection of food-travel programs is the "Bijin Okami" special. Bijin okami, which translates as "beautiful mistress of the house," are women who run inns and hotels in resort and hot-spring areas. They are usually married to the owners of the establishments...
Japan Times
JAPAN / Media / MEDIA MIX
May 19, 2002

Credit companies target the debt-ridden poor

Stop me if you've heard this one before. A bored young man answers his telephone and his face lights up. "Diving?!" he says. "I'll be there." In the next scene we see his friends on a pier, happily putting on scuba gear. Then, from the end of another pier, the young man comes running, with only a snorkel....
Foreign residents closely follow Japan's election and party pledges
A police officer walks past posters of Liberal Democratic Party candidates, as well as one showing Prime Minister Shigeru Ishiba, outside the party's headquarters in Tokyo on Sunday. As Japan’s foreign population continues to rise, one of the talking points during Sunday’s election was how the country should deal with the increase of international residents.
‘Japanese First’ Sanseito emerges as powerful force after Upper House poll
Sanseito leader Sohei Kamiya in Tokyo on Sunday night
The rise of AI companionship in a lonely Japan
In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
Ishiba clings to leadership after election setback
“As the first party in parliament, we have to fulfill our responsibility with the public so as to prevent politics from stagnating or drifting away,” Prime Minister Shigeru Ishiba said at a news conference at the Liberal Democratic Party headquarters in Tokyo on Monday.
Japan ruling bloc loses majority in Upper House after election drubbing
Prime Minister Shigeru Ishiba, who serves concurrently as president of the Liberal Democratic Party, leaves at the party's headquarters following announcement of Upper House election result projections in Tokyo early Monday.
Induction of Ichiro has Cooperstown fretfully preparing
Ichiro Suzuki will soon become the first Japanese player to be enshrined in the National Baseball Hall of Fame and Museum.
Ishiba clings to leadership after election setback
“As the first party in parliament, we have to fulfill our responsibility with the public so as to prevent politics from stagnating or drifting away,” Prime Minister Shigeru Ishiba said at a news conference at the Liberal Democratic Party headquarters in Tokyo on Monday.
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.
‘Noto Democracy’ and the slow work of civic change
Yukio Iokibe’s “Noto Democracy" centers on Motoyuki Takii, a former junior high school teacher who publishes a handwritten newspaper every month to encourage the residents of Anamizu, Ishikawa Prefecture, to engage in local politics.

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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