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BUSINESS
Sep 7, 2000

Toshiba transforms for IT revolution

Back in the 1960s, a TV set, a refrigerator and a washing machine symbolized affluence for Japanese households. They were dubbed the "three sacred treasures" -- an analogy to the sword, mirror and sacred bead treasured by the Imperial Household.
JAPAN
Sep 5, 2000

Mitsui Marine named in fraud claim

The president of a Tokyo construction firm has filed a criminal complaint against an employee of Mitsui Marine & Fire Insurance Co. and one of the insurer's former agents on suspicion of fraud, sources close to the case told Kyodo News on Monday.
BUSINESS
Sep 4, 2000

Japanese seen embracing a risky future

At 30, Tetsushi Nakamura is a seasoned stock investor. The system engineer from Hibarigaoka, Saitama Prefecture, got his hands on stocks when he was in his fourth year of elementary school, buying shares of a construction company on his dad's advice.
BUSINESS
Aug 26, 2000

Softbank gets approval to take over NCB

The Financial Reconstruction Commission on Friday officially approved the Sept. 1 transfer of the nationalized Nippon Credit Bank to a consortium led by Internet investor Softbank Corp.
BUSINESS
Aug 18, 2000

Secondhand comic book firm tapping into American interest in 'manga'

Savoring his success dealing in secondhand comic books and character items in Japan, Masuzo Furukawa, president of Mandarake Inc., is now eyeing an overseas market he believes is thirsting for Japanese "manga" culture.
BUSINESS
Jul 13, 2000

Kinko's Japan set to expand on the back of SOHO boom

After getting off to a shaky start nearly a decade ago, Kinko's Japan Co. is ready to open its 24-hour business support centers nationwide, according to President Ryozo Nishida.
JAPAN
Jul 1, 2000

Court rejects complaint over Shiseido tactics

The Tokyo District Court on Friday rejected a complaint by cosmetics retailer Kawachiya Co. that a sales affiliate of Shiseido Co. violated the Antimonopoly Law when it canceled its wholesale contract with the retailer after it began discounting Shiseido products.
BUSINESS
Jun 23, 2000

Used car group seeks to bring in new allies

Carseven Development Corp., a union of major used car dealers, announced Thursday that it will form strategic alliances with an affiliate of Tokyo Nissan Auto Sales Co. and a subsidiary of Stanley Electric Co. to reinforce its purchasing and sales network.
BUSINESS
Jun 10, 2000

Keidanren urges structural reform

Takashi Imai, chairman of the Federation of Economic Organizations (Keidanren), called on the government Friday to implement structural reforms to achieve sustainable economic recovery.
BUSINESS
Jun 8, 2000

Japan's faith rising in Indian software

Isamu Nitta, a former Japanese diplomat in Sri Lanka and the United States, clearly enjoys setting out a map of the world and pointing out where Japanese strategic interests lie.
BUSINESS
Jun 2, 2000

Prudential to buy Kyoei shares

Kyoei Life Insurance Co. stands to gain up to 30 billion yen from Prudential Insurance Co. of America, which will buy new shares in the firm. The two companies said Thursday that they have signed a memorandum of understanding, which if realized, would see Prudential purchase a minority interest in the...
BUSINESS
May 27, 2000

Sega president to step down over weak business showing

Major video game console maker Sega Enterprises announced Friday that President Shoichiro Irimajiri will step down as of June 1 to take responsibility for the firm's poor business performance.
BUSINESS
May 27, 2000

Honda Motor aims to boost global output 20% by 2003

Honda Motor Co. said Friday it will raise annual groupwide car sales to 3 million in fiscal 2003, up about 20 percent from the current volume.
BUSINESS
May 26, 2000

Kawasaki ups profits; other steelmakers suffer

Kawasaki Steel Corp. returned to profitability, while four other major steel makers suffered another disappointing year, according to fiscal 1999 earnings reports released Thursday.
BUSINESS
May 23, 2000

Market focus turning to corporate profits

The Tokyo stock market is turning its attention to corporate earnings now that the highly anticipated U.S. Fed policy meeting is over.
BUSINESS
May 19, 2000

Electronics firms emerging from the red

Helped by restructuring efforts and the recovering semiconductor sector, Japan's major electronic appliance and computer chip manufacturers have reported earnings improvements for the past business year.
BUSINESS
May 13, 2000

NEC drags itself back into the black

NEC Corp. is back in the black after posting 30.2 billion yen in consolidated pretax profit for the business year that ended March 31, the major computer and chip manufacturer reported Friday.
BUSINESS
May 11, 2000

Foreigners ditching Japan portfolios

The continued volatility on Wall Street and other bourses overseas prompted foreign investors to unwind their Japanese portfolios last month.
BUSINESS
Mar 28, 2000

Two paper firms agree on merger details

The nation's second and fourth largest paper firms will merge operations under a holding firm in April 2001, the two firms formally announced Monday.
COMMENTARY / World
Mar 23, 2000

Economic doomsayers are off the mark

The government's projection for Japanese economic growth is 0.6 percent for fiscal 1999 and 1 percent for fiscal 2000. Both are based on unrealistic assumptions about the present and future state of the economy. The projection appears to have been verified by the negative GDP growth recorded in the last...
BUSINESS
Mar 15, 2000

Number of companies going bankrupt climbs 51%

The number of Japanese corporate bankruptcies with liabilities of more than 10 million yen rose 51.1 percent in February from a year earlier to 1,443, a private credit research institute said Tuesday.
COMMUNITY
Mar 12, 2000

Retailer joins big boys with Little Me for kids

If there was one thing Ron Kessler was sure of growing up in Chicago, he was not the corporate type. Yet surrounded by uncles in business, he really liked the idea of being an entrepreneur, working for himself. The irony, he said, is that "success forces you to become a manager. Starting up something...
BUSINESS
Mar 1, 2000

Seven-Eleven joins nursing market

Seven-Eleven Japan Co., the nation's biggest convenience store chain, and three other companies on Tuesday announced plans for a joint venture in the nursing-support business, a lucrative sector amid the country's rapidly aging population.
COMMUNITY / How-tos / GETTING THINGS DONE
Dec 26, 1999

Point of view

Here is a count-your-blessings column for the yearend, reminders of what we may miss but also of what we gain by international exposure. First, a list of what Japanese like best about the West, and then, Western views of living in Japan.
JAPAN
Nov 11, 1999

Mazda first-half profits slide 69%

Mazda Motor Corp. posted 5.9 billion yen in unconsolidated pretax profits for the first half of fiscal 1999, down 68.8 percent from the same period last year, the country's fifth-largest automaker reported Thursday.
JAPAN
Nov 5, 1999

Profits up at shipping firms

Japan's three major shipping companies announced Friday that their unconsolidated profits increased in the first half of fiscal 1999.
JAPAN
Nov 3, 1999

26-year-old aims to be online ad king

Staff writer
JAPAN
Oct 15, 1999

Convenience stores in race for Y2K compliance

Staff writer
JAPAN
Oct 14, 1999

Stores attempt to invent new holiday

Staff writer

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