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October 27, 2025
 

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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.
BUSINESS
Jun 29, 2001

General contractors see profits rise while cutting interest-bearing debts

General contractors recently released their much anticipated fiscal 2000 financial statements. These companies are widely believed to be among the firms most negatively affected by the prolonged economic slowdown, which is marked by falling real estate prices.
BUSINESS
Jun 29, 2001

Industrial output down for third straight month

Industrial output for May fell 1.2 percent from the previous month to mark the third consecutive month of decline, according to a preliminary report released Thursday by the Ministry of Economy, Trade and Industry.
BUSINESS
Jun 28, 2001

Businesses expect upturn next quarter

Major businesses are expecting business conditions to improve in the July-September quarter, according to a government survey released Wednesday.
JAPAN
Jun 23, 2001

Late lawmaker left 3.54 billion yen

Tokuma Utsunomiya, a longtime lawmaker who died July 1 at the age of 93, left roughly 3.54 billion yen in taxable assets, according to a recent notice issued by a local tax office.
BUSINESS
Jun 20, 2001

State-backed firms face new accounting rules

An advisory panel to the finance minister unveiled on Tuesday new accounting guidelines for government-affiliated corporations as part of an effort to improve transparency in their management.
BUSINESS
Jun 14, 2001

Amazon Japan adds video tapes, CDs, DVDs

The Japanese unit of Amazon.com announced Wednesday its expansion to sell compact discs, digital versatile discs and video tapes, but said there was no sign of the company making a profit yet.
JAPAN
Jun 14, 2001

Online stores struggle for sales

Five months ago, online supermarket Olive Mart overhauled its business methods for the second time since its launch in May 1999.
BUSINESS
Jun 13, 2001

New condos up for sale declined in May

The number of new condominiums put up for sale in the Tokyo metropolitan area in May fell 4.7 percent from a year before to 6,799, the second straight monthly fall, a private research institute said Tuesday.
BUSINESS
Jun 13, 2001

Major nonfinancial firms to earn 1.4% less in 2002: Nomura

The nation's major nonfinancial companies are expected to suffer a 1.4 percent drop in group pretax profits for the current business year ending March 31, 2002, after posting a hefty 33.5 percent rise in 2000, Nomura Securities Co. said in a report released Tuesday.
Events
Jun 12, 2001

Osaka still investment 'black hole'

OSAKA — With Osaka's economy still in the doldrums, city and prefectural officials are renewing efforts to bring more foreign direct investment to the region.
COMMUNITY
Jun 10, 2001

Chic designs enliven condominium choices

With its outside walls clad entirely in wooden louver boards, a four-story building that opened last week in Tokyo's quiet Tomigaya residential district could easily be mistaken for a chic new gallery or boutique.
CULTURE / Books
Jun 10, 2001

Publishing still in a slump; DaVinci stays popular with young

Last month, the National Tax agency made its annual announcement of those paying more than 10 million yen in income tax and, as always, the list reflected major trends of the times.
BUSINESS
Jun 8, 2001

Capital spending increases 2.5% in quarter

Capital spending by Japanese companies expanded 2.5 percent in the January-March quarter from a year earlier to 13.3 trillion yen, marking the fifth increase in a row, the Finance Ministry said Thursday in its quarterly survey.
JAPAN
Jun 8, 2001

LDP's Kyuma photographed with senior gangland figure

Fumio Kyuma, the acting policy research council chairman of the Liberal Democratic Party, was photographed with a senior member of a crime syndicate while serving as Defense Agency chief in 1997, sources close to the case said Thursday.
BUSINESS
May 31, 2001

Soon-to-merge insurers report increased profits

Sumitomo Marine & Fire Insurance Co. and Mitsui Marine & Fire Insurance Co. -- two major nonlife insurers scheduled to merge in October -- on Wednesday reported higher group profits for fiscal 2000.
BUSINESS
May 31, 2001

Kumagai Gumi stays in red despite loans being forgiven

Struggling construction firm Kumagai Gumi Co. said Wednesday it remained in the red for the year ended March 31, with a group net loss of 2.65 billion yen after the previous year's loss of 4.62 billion yen.
BUSINESS
May 30, 2001

Haseko marks first pretax profit in three years

Housing contractor Haseko Corp. said Tuesday it registered a consolidated pretax profit in fiscal 2000 for the first time in three years, helped by brisk demand for condominiums.
BUSINESS
May 29, 2001

Debt-waiver puts Hazama in the black

Hazama Corp. said Monday its group net balance in fiscal 2000 swung back into the black as a one-time gain from a 105 billion yen debt-waiver wiped out most of its extraordinary losses.
JAPAN
May 26, 2001

Police set to arrest former Sogo chief suspected of hiding personal assets

Police have obtained a warrant to arrest Hiroo Mizushima, 89, the former chairman of failed department store operator Sogo Co., on suspicion of hiding personal assets from creditors, police sources said Friday.
BUSINESS
May 26, 2001

Hiranuma outlines plan to boost jobs, markets

Economy, Trade and Industry Minister Takeo Hiranuma proposed a 15-point plan Friday to increase jobs and markets, including optimizing research outcomes at universities to create business opportunities in the private sector.
BUSINESS
May 23, 2001

Mitsui Fudosan logs first profit since '95

Major real estate firm Mitsui Fudosan Co. said Tuesday it logged its first consolidated net profit in five years in fiscal 2000, thanks to structural reforms in its management.
EDITORIALS
May 22, 2001

Fling the door wide open

In this age of escalating economic globalization and cross-border business competition, Japan must develop into an attractive place for foreigners to invest, live or work. In particular, it needs to make itself more attractive to long-term foreign investors in order to promote structural reforms such...
LIFE / Food & Drink / TOKYO FOOD FILE
May 20, 2001

Time to get back to the garden

Can it really be the season for beer gardens again already? Well, not really. But what's the point in waiting, when there are so many perfectly fine evenings at this time of year. Seize the night, we say. And, anyway, we were impatient to revisit our longtime favorite summer drinking spot, the wonderful...
BUSINESS
May 18, 2001

Mitsui posts 55% gain in group pretax profits

Major trading house Mitsui & Co. said Thursday its consolidated pretax profits for fiscal 2000 expanded 54.7 percent from the previous year to 79.63 billion yen, helped by securities sales.
Bear kills another person in Japan in record year for fatal attacks
Police investigate the scene of a bear attack that killed one person and injured three others on Friday in the village of Higashinaruse in Akita Prefecture.
Tokyo launches English-language international school database
A screenshot of the Tokyo Metropolitan Government's international schools portal site
New ‘immigration minister’ post signals Takaichi Cabinet’s priorities
Kimi Onoda, economic security minister and minister for harmonious coexistence with foreign nationals, arrives at the prime minister's office in Tokyo on Tuesday.
Takaichi focuses on economic and security concerns in first policy speech
Prime Minister Sanae Takaichi delivers her first policy speech in the Lower House in Tokyo on Friday.
New tourism minister calls concentration of tourists in certain areas 'very serious'
Tourism minister Yasushi Kaneko holds a news conference in Tokyo on Wednesday.
Loss to Wallabies doesn't dampen Japan’s optimism
Japan's Michael Leitch controls the ball during the match against Australia on Saturday.
Stars align for Kim-Trump meeting — but any talks will be on N.K. leader’s terms
A South Korean soldier stands next to a TV broadcasting a news report about a possible summit between North Korean leader Kim Jong Un and U.S. President Donald Trump, at the main railway station in Seoul on Wednesday.
New ‘immigration minister’ post signals Takaichi Cabinet’s priorities
Kimi Onoda, economic security minister and minister for harmonious coexistence with foreign nationals, arrives at the prime minister's office in Tokyo on Tuesday.
Number of suicide cases among students in Japan hits record high in 2024
The health ministry's Suicide White Paper for 2024 has found that numbers for both men and women peak at age 21, with “concerns over future career paths” being identified as the most likely cause.
The newly formed LDP-JIP coalition may not be as solid as it seems
Ruling Liberal Democratic Party President Sanae Takaichi and Japan Innovation Party leader Hirofumi Yoshimura sign a policy agreement between the two parties at the Diet in Tokyo on Monday.

Podcast

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

Longform

The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
Driving in Japan isn’t hard. Getting the license is.
By Thu-Huong Ha and Mike Fu

SUSTAINABLE JAPAN

Tokyo Gas lights the way to carbon neutrality
Tokyo Gas lights the way to carbon neutrality

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