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BUSINESS
Jul 28, 2006

NEC returns to profitable quarter

NEC Corp. said Thursday it climbed back into the black in the April-June first quarter of the current fiscal year due to increased sales and cost reductions.
Japan Times
CULTURE / Stage
Jul 27, 2006

The revenge of the Red Demon

Playwright, actor and director Hideki Noda has been the undisputed leader of the Japanese contemporary theater world for 30 years. In that time he has written, directed and often acted in more than 60 plays in Japan -- all of them hits or superhits among his mushrooming fanbase. In fact, Noda has been...
BUSINESS
Jul 27, 2006

Honda quarterly profit up 30%

Honda Motor Co. said Wednesday its profit jumped 29.6 percent in the April-June quarter as the nation's No. 3 automaker expanded overseas production to keep up with booming demand.
JAPAN
Jul 25, 2006

Gold-selling binge defies oil, Middle East uncertainties

possessions," said Hidekazu Yamada, a gold adviser at the firm's head office in Tokyo's Ginza. An official in charge of precious metal sales at Mitsubishi Materials Corp. said sales have been increasing conspicuously since October.
JAPAN
May 27, 2006

Livedoor ex-CFO admits guilt as trial starts, turns on Horie

are for the most part correct," contradicting Horie's assertions that he did not knowingly falsify the company's financial statements. "I deeply regret having committed these crimes, and apologize for having caused so many people trouble, he said.
BUSINESS
May 25, 2006

Sompo Japan president to resign amid scandals

Sompo Japan Insurance Inc. President Hiroshi Hirano announced Wednesday that he will become chairman in late June after being replaced by Managing Director Masatoshi Sato as the company deals with scandals that have drawn sanctions from the government.
EDITORIALS
May 20, 2006

Business profits pose challenges

One company after another is announcing good business results for the fiscal year ended March 31, 2006. Firms listed on the first section of the Tokyo Stock Exchange are reporting increased revenues and profits for the fourth consecutive year. They are expected to post record recurring profits for the...
BUSINESS
Apr 28, 2006

Earnings solid at JFE, Kobe Steel

Major steelmakers JFE Holdings Co. and Kobe Steel Ltd. both reported strong earnings Thursday for fiscal 2005 to March 31, thanks to robust domestic and overseas demand.
BUSINESS
Apr 26, 2006

Higher costs cut into KDDI profit by 30%

KDDI Corp. said Tuesday profit fell by 30 percent in the first quarter compared with the same period a year ago, hurt by higher sales promotion costs and a loss caused by a writedown of assets.
BUSINESS
Apr 18, 2006

New moneyed class spends big at luxury retailers

Evidence that the economic recovery is creating a "new wealthy class" while leaving others to struggle is showing up in department stores and other luxury retailers that are outperforming their convenience store cousins.
BUSINESS
Apr 13, 2006

Convenience stores outshined stale supermarkets in 2005

Japan's major convenience stores on Wednesday posted rosy figures for the 2005 business year, while supermarket chains lagged despite signs that personal consumption is recovering.
BUSINESS
Mar 17, 2006

Toyota launches first Lexus hybrid engine-equipped

Toyota Motor Corp. on Thursday unveiled the Lexus GS450h, the first hybrid in the luxury sedan's lineup.
BUSINESS
Mar 16, 2006

Single-rate consumption tax to stay

Finance Minister Sadakazu Tanigaki on Wednesday told the head of the Organization for Economic Cooperation and Development in Tokyo that he will pursue continuation of the single rate consumption tax instead of the tiered sales levy used by other OECD members.
JAPAN
Feb 22, 2006

Food safety fears heat up delivery services

As consumers become increasingly sensitive toward food safety issues, some food delivery service operators are getting brisk business by ensuring the quality of the produce they sell.
BUSINESS
Feb 15, 2006

E-mail alleges Livedoor told unit to make false purchases

Livedoor Co. asked an online marriage information company suspected of playing a part in its alleged accounting fraud to provide a fictitious profit of 120 million yen to a Livedoor group company in 2004, a Livedoor e-mail message obtained Tuesday by Kyodo News showed.
JAPAN
Feb 4, 2006

Livedoor four face new charge

Prosecutors appear ready to serve fresh arrest warrants in mid-February on four now-former Livedoor Co. executives, including ex-President Takafumi Horie and former Chief Financial Officer Ryoji Miyauchi, on suspicion of falsifying the company's 2004 financial statements, investigative sources said Friday....
BUSINESS
Feb 3, 2006

Matsushita profits up 39% despite heater fiasco

Matsushita Electric Industrial Co. said Thursday robust sales of plasma display panel TVs and digital cameras boosted its earnings for the third quarter of fiscal 2005, raising its net profit by 39 percent to 49.3 billion yen.
BUSINESS
Feb 2, 2006

Sharp's third-quarter profit climbs to record 26 billion yen

Sharp Corp. said Wednesday its net profit jumped 26 percent to a quarterly record of 26.26 billion yen for the three months through December, driven by continued strength in its liquid crystal display TV sales.
BUSINESS
Jan 27, 2006

Fast Retailing, Daiei partner on apparel

Struggling retailer Daiei Inc. said Thursday it has reached an agreement with Fast Retailing Co., which runs the Uniqlo clothing stores, on a tieup to open a new low-price casual clothing chain, with outlets at all Daiei general merchandise stores.
BUSINESS
Jan 21, 2006

Minivehicle market reaching saturation: Suzuki chairman

Demand for minivehicles -- which hit a record 1.924 million units sold in 2005 -- is starting to level off, the chairman of Suzuki Motor Corp. said Friday.
JAPAN
Jan 18, 2006

Huser boss clams up before the Diet

Huser Ltd. President Susumu Ojima refused to answer most questions under oath Tuesday before a Diet committee in connection with the nationwide building safety scam in which his condominium development firm is a key player.
JAPAN
Jan 17, 2006

Huser sold condos knowing their safety was in doubt

The president of Huser Ltd. admitted Monday that the condominium developer concluded sales contracts and handed over units even after being told in late October that the quake-resistance data for its buildings had been falsified, leaving their structural integrity in doubt.
Japan Times
BUSINESS
Dec 29, 2005

Tapes fast disappearing from movie rental shelves

Whether they're couch potatoes or not, people had better get DVD players if they want to check out the latest rental releases or even classic titles this holiday season.
BUSINESS
Dec 8, 2005

Rules target investment risks

The Financial Services Agency proposed legislation Wednesday that would expand the scope of financial products subject to sales restrictions because of their investment risk.
BUSINESS
Nov 25, 2005

GameCube fall halves Nintendo profit

Nintendo Co. said Thursday its group operating profit for the six months to Sept. 30 dived 51.0 percent on smaller sales of its GameCube video console and ballooning development costs for its next-generation Revolution console.
BUSINESS
Nov 10, 2005

Taisho half-year profit sags 25%

Taisho Pharmaceutical Co. said Wednesday its group net profit fell 25.1 percent in the fiscal first half from the previous year to 15.56 billion yen, hit by poor sales of its mainstay nutritional supplement drinks.

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