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BUSINESS
Dec 4, 2001

Tokyu posts 47.5% drop in profits

Railway operator Tokyu Corp. said Monday its consolidated pretax profit dropped 47.5 percent in the fiscal first half to Sept. 30 as its mainstay rail business shrank.
JAPAN
Nov 29, 2001

Three nabbed in security van theft

OSAKA -- Three men have been arrested on suspicion of being involved in an attack on a security van in the prefecture and the theft of 50 million yen from it in September, according to police.
COMMENTARY / World
Nov 29, 2001

Lee Teng-hui on a mission to save his vision of Taiwan

NEW YORK -- Taiwan will hold an election Saturday to choose members of the national Parliament, mayors and county magistrates. The outcome will have a lasting impact on Taiwan's future -- in particular on its relationship with China.
EDITORIALS
Nov 29, 2001

Banks come to grips with bad debts

After years of timid attempts to clear mountains of nonperforming loans, Japanese banks appear to be finally coming to grips with the bad-debt crisis. In the half-year business term to September, most of the 14 top lenders took larger-than-expected charges against their dud loans, even dipping into their...
BUSINESS
Nov 27, 2001

Major banks brace for loan writeoffs

All but two of the nation's 14 major banks fell into the red during the first six months of this business year, together setting aside a hefty 2.7 trillion yen in loan-loss reserves to cushion the potential impact from nonperforming loans.
BUSINESS
Nov 27, 2001

Major banks brace for loan writeoffs

All but two of the nation's 14 major banks fell into the red during the first six months of this business year, together setting aside a hefty 2.7 trillion yen in loan-loss reserves to cushion the potential impact from nonperforming loans.
Japan Times
JAPAN
Nov 24, 2001

South Korean author protests mayor's 'sangokujin' remark

When Shinjuku Ward Mayor Takashi Onoda referred to "sangokujin" in a speech on Nov. 13, Shin Sugok could not believe it.
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.
Nissan clinches $4.5 billion bond deal after orders soar
Nissan Motor has raised $4.5 billion through a junk bond sale in U.S. dollars and euros, part of which carries a record-high coupon rate.
U.S. urges clarity on Japan’s role in potential war over Taiwan, report says
A Ground Self-Defense Force member conducts a military drill with an anti-ship missiles unit, at the GSDF's base on Miyako Island in Okinawa Prefecture in April 2022.
Tokyo hit by torrential rainfall at rush hour
People line up at Shibuya Station in Tokyo as they try to avoid the heavy rain on Thursday.
Osaka police crack down on crime ring over underage prostitution
Osaka Prefectural Police headquarters
Foreign drivers in Japan to face tougher license conversion rules from October
According to the National Police Agency, there were 75,905 people who converted their foreign driver’s license to a Japanese one in 2024, up from 48,885 in 2019.
An emoji used to say it all. Now it might say too much.
Apple’s Craig Federighi shows off a set of emoji at a conference on June 13, 2016. While the small pictures have proved helpful in conveying nuance in our texts, younger people are using them less often.
‘Our ultimate goal is to save every single Japanese video game’
After nearly shuttering earlier this year, the Tokyo-based Game Preservation Society continues its work to save the early history of Japanese gaming.
Rare vintage shots and first-time shows at TOP’s 30th anniversary
The museum's curators selected a wide array of works from the archives for the milestone exhibitions. Among other photos, Nobuyoshi Araki's work from the series "Winter Journey" (1990) was included in the "Continuity and Change" exhibition that concluded in June.
New IG Arena set to dial down temperature at Nagoya Basho, in a good way
With IG Arena getting glowing early reviews as the Nagoya Basho’s replacement venue, it may be a while before fans wax nostalgic about the Aichi Prefectural Gymnasium.
Once a niche, anime is now mainstream content for Netflix and other streaming services
Though Netflix remains the dominant choice globally for anime viewers, Amazon Prime Video has also invested heavily in anime, steadily adding titles to their catalogue.

Podcast

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

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

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