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JAPAN
Sep 16, 2006

Horie ordered profit inflation tactics, Miyauchi says

Livedoor Co.'s former Chief Financial Officer Ryoji Miyauchi testified about his former boss Takafumi Horie in court Friday and said that he and other former executives acted on orders from Horie to inflate the company's earnings for the business year to September 2004.
BUSINESS
Sep 16, 2006

Japan, Iran to continue talks on oil field project

Japan and Iran have agreed to continue talks beyond the Friday deadline over developing the giant Azadegan oil field, trade chief Toshihiro Nikai indicated Friday.
BUSINESS
Sep 16, 2006

Victor dodecahedron audio speaker debuts

Victor Co. of Japan on Thursday unveiled a 12-sided audio speaker that radiates a uniform sound in almost all directions.
BUSINESS
Sep 16, 2006

Mixi shares close at 3.12 million yen

Shares of Mixi Inc. ended their second day of trading on the Tokyo Stock Exchange at 3.12 million yen Friday, up from the initial price of 2.95 million yen fetched in the morning.
BUSINESS
Sep 15, 2006

Daiei to cut debts through selloff of properties, stocks

Struggling giant retailer Daiei Inc. will cut its interest-bearing liabilities by 200 billion yen from 350 billion yen on an unconsolidated basis by selling real estate and stock holdings, sources said Thursday.
BUSINESS
Sep 15, 2006

Mixi skyrockets in stock market debut

Shares of Mixi Inc., Japan's most popular social networking site, shot up during the company's stock market debut Thursday as buy orders swamped sell orders and more than doubled its initially offered price.
BUSINESS
Sep 15, 2006

Uptrend in business failures shown tailing off in August

The number of corporate bankruptcies rose 1.4 percent to 1,169 in August from the previous year, but it was the third-lowest figure for any August in the past 10 years, a private credit research agency said Thursday.
BUSINESS
Sep 15, 2006

Rural phone service to get more cash

A phone industry group aims to collect a monthly surcharge of 7 yen each on all phones to pay for maintaining uniform fixed-line services in all parts of Japan, group officials said Thursday.
MORE SPORTS
Sep 14, 2006

Takahashi to compete in Philly

Sydney Olympic marathon gold medalist Naoko Takahashi will run a half-marathon race in Philadelphia on Sunday for the second straight year, her management company said Wednesday.
JAPAN
Sep 14, 2006

Firm offering 'manga' online in Asia

Electronic books distributor eBook Initiative Japan Co. said it will distribute Japanese "manga" comic books via an Internet portal site in Singapore starting Tuesday.
BUSINESS
Sep 14, 2006

DoCoMo tests activity-tracking service

NTT DoCoMo Inc. began a test-run Wednesday of a new system that monitors cell phone customers' activities in certain areas and analyzes the patterns to ascertain their needs and send relevant information to their handsets.
Japan Times
JAPAN / Science & Health / NATURAL SELECTIONS
Sep 13, 2006

Own goal clouds progress

Tomorrow sees the start of a three-day meeting in the Eternal City that concerns one of the most promising and controversial scientific research areas of our time: stem cells. Embryonic stem cells have the ability to transform into any cell and tissue type in the body, and thus have the potential to...
BUSINESS
Sep 13, 2006

Hokuetsu, Nippon Paper agree to hold tieup talks

Hokuetsu Paper Mills Ltd. and Nippon Paper Group Inc. said Tuesday they have agreed to begin discussing a business tieup that would include mutual supply of printing paper under each other's brands.
BUSINESS
Sep 13, 2006

MHI gets Spanish turbine order

Mitsubishi Heavy Industries Ltd. said Tuesday it has received an order for three gas turbine combined-cycle power generation systems from Morata Energia S.L. of Spain.
BUSINESS
Sep 12, 2006

Small consumer lenders rush to restructure

Consumer finance companies, particularly midsize and small firms, are expected to restructure their operations as the government considers lowering the cap on consumer loan rates.
JAPAN / Media / MEDIA MIX
Sep 10, 2006

What's love got to do with it? Holding on for a while

Many modern people have probably formed their idea of romantic love through the popular arts. We know from Jane Austen novels that marrying for love is an idea that preceded Hollywood, but people still wed for many other reasons, including simple companionship, convenience and money. Nevertheless, love...
COMMENTARY / COUNTERPOINT
Sep 10, 2006

War's heroes and villains: Two sides of the same coin

For two days, on Aug. 18 and 19, 1966, Australian soldiers fought a battle at the village of Long Tan in South Vietnam. Though vastly outnumbered, they held their ground. Subsequently, they were given medals for bravery by the then-government of South Vietnam; and in May 1968, U.S. President Lyndon Johnson...
JAPAN
Sep 9, 2006

Sato Kogyo exec held over bid-rigging

Prosecutors on Friday arrested the chairman of Fukushima-based contractor Sato Kogyo Corp. on suspicion of rigging bids for a public sewage system project ordered by the Fukushima Prefectural Government.
EDITORIALS
Sep 9, 2006

Mr. Horie gets his day in court

Mr. Takafumi Horie, once the high-flying president of the Internet service firm Livedoor Co., who was known for his T-shirt-and-slacks attire, appeared in public this week in a suit and tie. This time he was in Tokyo District Court charged with violating the securities law. Reflecting not only public...
JAPAN
Sep 9, 2006

METI submits criminal complaint on Mitutoyo

The Ministry of Economy, Trade and Industry filed a criminal complaint on Friday against precision instrument maker Mitutoyo Corp. and its executives on suspicion of unlawfully exporting two measuring devices that could be used to make nuclear weapons to Malaysia in 2001, ministry sources said.
BUSINESS
Sep 9, 2006

Sojitz to increase exports of gadget that screens liquid

Trading house Sojitz Corp. said Friday its subsidiary Ebistrade Inc. will bolster exports of a device that can instantly determine whether a bottled liquid is flammable or not, as fears of in-flight terrorism boost demand.
JAPAN
Sep 8, 2006

Horie's lawyer says client being framed

The chief lawyer for Takafumi Horie, on trial on charges of inflating the earnings of Internet services company Livedoor Co., is accusing prosecutors of framing his client.
Japan Times
CULTURE / Music
Sep 8, 2006

Taking J-rock values stateside

On the eve of the longest and perhaps most important tour of their almost decade-long career, Dir en grey were putting on a brave face.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’