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Japan Times
BUSINESS
Nov 22, 2001

Banker sees smooth euro cash start, no 'black fund'

FRANKFURT -- Japanese investors should have full confidence in the stability and strength of the euro as the currency is launched in its physical form at the start of next year, according to the European central banker coordinating the project.
BUSINESS
Nov 22, 2001

Sumitomo Mitsui sees 150 billion yen loss

Sumitomo Mitsui Banking Corp. announced Wednesday a sharp increase in loan-loss charges and large losses in its shareholdings, prompting it to revise its 2001 earnings forecast from a consolidated net profit of 180 billion yen to a 150 billion yen net loss.
BUSINESS
Nov 16, 2001

JT sees interim net profit grow 4.2%

Japan Tobacco Inc. said Thursday its consolidated net profit for the April-September first half of fiscal 2001 rose 4.2 percent from a year earlier to 35.63 billion yen, thanks to strong growth in its food business, increased volume in international tobacco sales and favorable foreign exchange rates....
BUSINESS
Nov 14, 2001

Consumer anxiety reaches record high

An index gauging consumer anxiety into the next 12 months has climbed to its highest level since 1977, a government-backed research institute said Tuesday.
Japan Times
JAPAN
Nov 7, 2001

Former investment firm chief, 18 others arrested over fraud

OSAKA -- The former president of a failed firm here that sold mortgage-backed securities was arrested along with 18 others Tuesday on suspicion of defrauding clients of about 1.1 billion yen by misrepresenting the financial products of the firm's affiliates, police said.
CULTURE / Art / NEW ART SEEN
Nov 7, 2001

Art in the midst of 'iniquity'

I live in Kabukicho -- the infamous tangle of sex clubs and mahjongg parlors located just north of Shinjuku Station's East Exit. There are a number of reasons why I live where I do: the hundreds of wonderful all-night Asian restaurants and supermarkets; the fact that I can walk from my apartment to the...
JAPAN
Oct 30, 2001

Nuisance emergency caller arrested

A 62-year-old Tokyo man has been arrested on suspicion of making more than 1,200 nuisance calls to the police emergency number over a four-month period, the Metropolitan Police Department said Monday.
JAPAN
Oct 26, 2001

Former Tokyo Shogin boss gets new warrant over loans

A former head of the failed credit union Tokyo Shogin was served a fresh arrest warrant for alleged breach of trust in connection with illegal loans of 1.6 billion yen to a business owner, prosecutors said Thursday.
BUSINESS
Oct 18, 2001

Bankruptcy rush simmering: Teikoku Databank expert

Katsuyuki Kumagai has witnessed an abundance of corporate bankruptcies during his 17-year tenure at a credit research firm.
JAPAN
Oct 10, 2001

Tide may turn for older job-seekers as companies do away with age limits

Although age specifications have long been the bane of middle-aged and elderly job-seekers, the number of businesses moving away from this practice and hiring people on the basis of ability alone is slowly increasing.
JAPAN
Oct 5, 2001

Back taxes hit Pioneer head's family

The family of Seiya Matsumoto, the late chairman of Pioneer Corp., failed to declare 600 million yen in income after inheriting his assets, industry sources said Thursday.
BUSINESS
Oct 4, 2001

South Africa forum touts cooperation

Japanese and South African business leaders agreed at a forum in Tokyo on Wednesday that they will further cooperate to promote investment and trade in the natural resource, automobile and information technology industries.
CULTURE / Film
Oct 3, 2001

Just who's ripping off who, here?

Score Rating: * * Director: Frank Oz Running time: 125 minutes Language: English Now showing
Japan Times
LIFE / Food & Drink / TOKYO FOOD FILE
Sep 30, 2001

Oh, to spoon under the silvery moon

The harvest moon is upon us, and where better for viewing it (God and the elements willing) than the terrace at Tsuki no Niwa, the aptly named "Garden of the Moon." Not only is it a marvelous setting, it's hard to believe it's in the heart of Minato Ward.
BUSINESS
Sep 27, 2001

Tokyu Land raises profit outlook

Tokyu Land Corp. Wednesday raised its group net profit projection for the first half of the current business year to 2.5 billion yen from 500 million yen.
JAPAN
Sep 26, 2001

Firms turn to time-sharing in bid to increase revenue

Amid record-high unemployment and spiraling deflation, some leisure-related businesses are offering time-share deals for the right to share villas, luxury cars or pleasure boats in an attempt to lure customers.
BUSINESS
Sep 25, 2001

Financial impact of terrorist attacks to be limited, expert says

The long-term effects of the Sept. 11 terrorist attacks in the U.S. on the global economy and financial markets will be limited, despite the negative sentiment prevailing at many bourses, according to a former Tokyo branch manager for J.P. Morgan.
JAPAN / INTERNATIONAL RATIONALE
Sep 19, 2001

Foreign firms slowly influence job-for-life market

As foreign companies have increased their presence in Japan in recent years, many have found it difficult to hire quality local staff.
JAPAN
Sep 19, 2001

Famed Atami inn Tsuruya to close down in November

Tsuruya Hotel, a landmark institution in the hot spring town of Atami, Shizuoka Prefecture, will close on Nov. 1, sources close to the hotel said Tuesday.
BUSINESS
Sep 19, 2001

Coincident indicators get downward revision

The government said Tuesday it has revised downward its key gauge of the state of the economy for July, with the index of coincident indicators falling to 10 percent from a preliminary 12.5 percent.
BUSINESS
Sep 18, 2001

Consortium buys land in Roppongi

A consortium led by Mitsui Fudosan Co. on Monday made a successful bid for a vacant lot in Roppongi, central Tokyo, where Defense Agency headquarters once stood, the Finance Ministry said.
BUSINESS
Sep 13, 2001

Government, LDP at odds over bailouts of ailing firms

The government and tripartite ruling coalition are involved in a tug of war over a proposal to create a commission to help troubled but viable companies rebuild, with coalition lawmakers criticizing the government's noncommittal stance.
JAPAN
Sep 6, 2001

Business sentiment darkens despite capital spending rise

Corporate pessimism over the economy grew in the July-September quarter, overshadowing a 2.3 percent rise in capital spending during the April-June period.
JAPAN
Aug 26, 2001

METI to launch 'smart house' pilot project

The Ministry of Economy, Trade and Industry plans to launch a project in the next fiscal year linking about 50 households to a high-speed data network that will improve their security systems and monitor their occupants' health, ministry officials said Saturday.
CULTURE / Books
Aug 26, 2001

Engine of a nation's modernization

A HISTORY OF JAPANESE RAILWAYS: 1872-1999, by Eiichi Aoki, Mitsuhide Imashiro, Shinichi Kato and Yasuo Wakuda. Tokyo: East Japan Railway Culture Foundation, 2000, 256 pp., 5,000 yen (cloth). Few industries have a more illustrious history than that of the railroad. From its birth in the 19th century...
BUSINESS
Aug 21, 2001

Nikkei hits fresh 17-year low amid U.S., Japanese economic malaise

The benchmark 225-issue Nikkei stock average fell to a new 17-year closing low Monday, reflecting concern over the economies of Japan and the United States.
JAPAN
Aug 14, 2001

Tokyo stocks dive to new 16-year low

The Tokyo stock market plummeted to its lowest close in more than 16 years on Monday as the market fretted over high-tech earnings.
EDITORIALS
Aug 10, 2001

Easing the pain of reform

Japan's unemployment rate stood at 4.9 percent in June, setting the worst post-World War II record for two consecutive months. It is likely to go up higher still, as Prime Minister Junichiro Koizumi's economic-reform plans received a solid mandate in the July 29 Upper House election. For one thing, bad-debt...
BUSINESS
Aug 9, 2001

Stock market slump drives business confidence down further

Business confidence deteriorated further in the April-June period from the previous quarter to its lowest level in 21/2 years, mainly on a continued decline in stock prices and exports, the government said Wednesday.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Man admitted to 2025 Osaka Expo with 85-year-old ticket
The Osaka Expo, which opened last month, runs through mid-October.
In his first appearance, Pope Leo offers three big clues about his papacy
Newly elected Pope Leo XIV, formerly Cardinal Robert Prevost of the United States, appears on the balcony of St. Peter's Basilica at the Vatican on Thursday.
Japan stuck at starting line in tariff talks with U.S. as U.K. inks deals
Ryosei Akazawa, Japan’s top tariff negotiator, speaks to the press on Friday. Japan and the United States are still discussing what to negotiate.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
Kazuki Nagasawa's sustainable designs are rooted in tradition
For centuries, artisans have unraveled strands of the fibrous bark of "shuro" trees to create a medley of everyday objects. Designer Kazuki Nagasawa is now transforming the traditional material into ethereal contemporary pieces.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ships Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.
'Big picture thinker': Ispace CEO Hakamada on reaching the moon and dreaming of starships
Takeshi Hakamada, founder and CEO of Ispace, says his primary interest in space development is not to abandon Earth, but to protect it.

Podcast

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

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

SUSTAINABLE JAPAN

Smile! It’s ‘Sanrio Time,’ now and ever after
Smile! It’s ‘Sanrio Time,’ now and ever after

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