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BUSINESS
Apr 28, 2001

Foreigners remain buyers for fifth consecutive week

Foreign investors were net buyers of Japanese stocks for the fifth consecutive week last week, while domestic business firms continued to unload their equity holdings.
BUSINESS
Apr 28, 2001

Companies predict 1.3% economic growth: survey

Major Japanese companies have predicted 1.3 percent real growth for the economy in fiscal 2001, topping 1 percent for the first time in four years, the government said Friday in releasing results of an annual survey.
BUSINESS
Apr 28, 2001

Profits, group sales up for major firms

The five major electronics companies in Japan enjoyed increases in both group sales and consolidated operating profits in fiscal 2000, according to their earnings reports released Friday.
BUSINESS
Apr 28, 2001

Hiranuma reiterates themes toward economic revitalization

Reappointed Economy Minister Takeo Hiranuma said a comprehensive approach of combining the disposal of problem loans and assets, creating new businesses and implementing regulatory reforms is needed to revitalize the economy.
JAPAN
Apr 28, 2001

People want social support, hope, economic stability from the Cabinet

Support for the victims of a volcanic eruption and economic stability are just two of the many things the public wants from the Cabinet of new Prime Minister Junichiro Koizumi.
BUSINESS
Apr 27, 2001

NEC to sell laser printer unit

NEC Corp. said Thursday it will sell its entire laser printer operations, including production and maintenance services, to Fuji Xerox Co., a subsidiary of Fuji Photo Film Co.
BUSINESS
Apr 27, 2001

DoCoMo to commence 3G service in October

NTT DoCoMo Inc. officially delayed the launch of its next-generation cellular service from May 30 to Oct. 1 but refused to call it a postponement.
BUSINESS
Apr 27, 2001

Profits soar at NEC, Fujitsu

NEC Corp. and Fujitsu Ltd. enjoyed soaring group pretax profits in fiscal 2000, thanks to brisk global sales of electronic devices and telecommunications equipment, according to their earnings reports released Thursday.
JAPAN
Apr 26, 2001

Koizumi dons many hats, fancies a good hairdo, too

Junichiro Koizumi, the Liberal Democratic Party's new president, has been dubbed by fellow lawmakers a maverick, an eccentric, a heretic and "the Don Quixote of the political world."
EDITORIALS
Apr 26, 2001

A bold new start for the LDP

Mr. Junichiro Koizumi, who has long been regarded as an eccentric but reform-minded politician, has been elected president of the governing Liberal Democratic Party. When the four-way race started, former Prime Minister Ryutaro Hashimoto was the front-runner and odds-on favorite. Yet Mr. Koizumi caught...
BUSINESS
Apr 26, 2001

G7 finance meeting to test caliber of Koizumi's reforms

New Liberal Democratic Party President Junichiro Koizumi, set to become prime minister today, will see his resolve toward fiscal and economic structural reforms tested this weekend in Washington by the world's major economic powers.
BUSINESS
Apr 26, 2001

Three nonlife insurers to merge in fiscal '02

Yasuda Fire & Marine Insurance Co. and two other nonlife insurers due to merge April 1, 2002, inked a deal Wednesday to merge into a single entity on April 1, 2002.
JAPAN
Apr 26, 2001

Ill economy, July election may dilute new leader's reform goals

Junichiro Koizumi, the newly elected Liberal Democratic Party president who is set to become prime minister, faces a rough road in trying to deliver the economic reforms he promised in his campaign.
CULTURE / Film
Apr 25, 2001

Hidden Gems

'Straight-to-video" is a term that carries a stigma, and deservedly so. So much of what emerges without theatrical release is either slasher, sleaze or sly made-for-TV imitations of a bigger-budgeted film (e.g., "Asteroid," released just prior to "Armageddon"). But here in Japan there is a surprisingly...
JAPAN
Apr 24, 2001

Women fighting for space in a man's land

The recent debuts of women-only areas at a prominent hotel and department store, as well as on long-distance buses, railway cars and airplanes, have generally been received favorably.
BUSINESS
Apr 24, 2001

Markets strike positive note

Financial markets have reacted positively to surprise interest rate cuts by the U.S. Federal Reserve.
JAPAN
Apr 24, 2001

Mexico keen to boost ties with Japan

The new democratic government of Mexico is eager to strengthen ties with Japan and promote cultural exchanges between the two countries, the Central American country's new ambassador to Japan said Monday.
JAPAN
Apr 24, 2001

Turkey thanked for handling of hostage crisis

Foreign Minister Yohei Kono on Monday afternoon thanked the Turkish government for securing the release of all the hostages detained by a group of gunmen at a hotel in Istanbul, including an unknown number of Japanese.
COMMENTARY
Apr 22, 2001

LDP must reform for the nation's good

For the past decade, the Japanese political scene has remained extremely unstable. Things have gone from bad to worse since the Liberal Democratic Party formed a coalition government. The root cause of the instability was the LDP's loss of majority status in both Houses of the Diet.
JAPAN
Apr 22, 2001

Shakuhachi-wielding doctor lives, heals with power of music

While Toshio Kishimoto's business card describes him as a doctor of medicine, drugs are not the only healing method in this practitioner's black bag. Besides heading a laboratory at the National Institute of Infectious Diseases in Tokyo, the 47-year-old is also an award-winning composer and shakuhachi...
COMMENTARY
Apr 22, 2001

Overlooking the real victims of foot-and-mouth disease

LONDON -- Americans and Japanese have been shunning Britain because of the stories and images of burning animals in the foot-and-mouth-disease scare. One Japanese, I hope in jest, asked if we had enough to eat. We responded that we did not need food parcels just yet! Another group to whom I had promised...
BUSINESS
Apr 22, 2001

TTNet plans high-speed Internet access service

Tokyo Telecommunications Network Co. plans to commence a high-speed fiber-optic Internet access service, perhaps within the current fiscal year, company sources said Saturday.
CULTURE / Music
Apr 22, 2001

Musicians take it back to the bridge

It's Saturday night, and the basement rock 'n' roll club Penguin House in Koenji is packed to bursting. As late-coming guests crowd down the stairs, the performer, Dai Yamamoto, takes the stage and tunes up his instrument.
CULTURE / Music
Apr 22, 2001

Nurturing the next generation of traditional musicians

Many observers attribute the steep decline of Japanese traditional music in the 20th century in large part to the fact that Japan's school system teaches Western music intensively and hogaku almost not at all. That situation is due to change as the Education Ministry introduces new guidelines, effective...
BUSINESS
Apr 21, 2001

TDK halts CD-R production in U.S.

TDK Corp. said Friday it is halting production of CD-R discs, videocassette tapes and floppy disks in the United States in the wake of slack demand, leading to a cut in its workforce to 250 from 580 at two U.S. plants.
BUSINESS
Apr 21, 2001

Japan Airlines ups earnings forecast

Japan Airlines Co. said Friday that it revised upward its earnings forecast for the 2000 business year to March 31, due mainly to increased demand for its international flight services, especially between Japan and Europe.
JAPAN
Apr 21, 2001

Contorted system spells short-term leaders

Unless one is a political analyst or blessed with an excellent memory, it is close to impossible to correctly rattle off the names of Japan's prime ministers since the late 1980s. There have simply been too many in that time.
BUSINESS
Apr 21, 2001

Ito to be promoted to IHI president

Mototsugu Ito, senior managing director of Ishikawajima-Harima Heavy Industries Co., has been nominated to assume the company's presidency, replacing Toshifumi Takei, company sources said Friday.

Longform

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How remote work is rewriting the migrant experience in Japan