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May 15, 2025
 

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BUSINESS
May 26, 2004

UFJ, Merrill Lynch to buy loans

UFJ Bank said Tuesday it and the Merrill Lynch group will create a fund of up to 100 billion yen to purchase loans to ailing small and midsize enterprises.
BUSINESS
May 25, 2004

Sumitomo Trust's group net balance back in black

Sumitomo Trust & Banking Co. said Monday its group net balance last business year returned to the black at 79.63 billion yen, partly due to a plunge in its loan-loss charges.
JAPAN
May 25, 2004

Banking giants log black ink as stocks rise, bad loans fall

All but one of the nation's four major banking groups returned to the black in fiscal 2003, according to their financial reports released Monday.
COMMENTARY
May 24, 2004

Blowing smoke on tobacco

The government has begun belated efforts to restrict smoking in Japan, which has long been a smokers' haven. In May 2003, the government enacted the Health Promotion Law to reduce exposure to passive smoking. In March it signed the World Health Organization's Framework Convention on Tobacco Control --...
COMMUNITY
May 23, 2004

Show reflects growing 'green' economy

The words "Japanese technology" usually conjure up images of everything from cars and cameras to stereos and mobile phones.
BUSINESS
May 22, 2004

Sumitomo, UFJ trust units to merge

Sumitomo Trust & Banking Co. and UFJ Trust Bank said Friday they have agreed to integrate operations to create the biggest trust bank in Japan, eclipsing Mitsubishi Trust & Banking Corp.
BUSINESS
May 21, 2004

Morinaga Milk reaps benefit of cost cuts and steady sales

Morinaga Milk Industry Co. said Thursday that its group net profit for fiscal 2003 rose 34.1 percent from the previous year to 6.46 billion yen.
BUSINESS
May 21, 2004

Isuzu Motors back in black on record profit

Isuzu Motors Ltd. said Thursday its group net balance swung into the black in fiscal 2003 on brisk sales of trucks in domestic and Asian markets.
BUSINESS
May 20, 2004

Bankruptcies down for 16th month

A total 1,189 companies in Japan declared bankruptcy in April, down 21.5 percent from a year earlier for the 16th consecutive month of decrease.
BUSINESS
May 20, 2004

Hino Motors to build new U.S. plant

Hino Motors Ltd. said Wednesday it will construct a new auto parts plant in the United States to meet growing demand from its parent company, Toyota Motor Corp.
BUSINESS
May 20, 2004

Panel backs foreign investment

A government advisory panel on Wednesday called for additional measures to promote foreign direct investment in Japan, including simplifying procedures for Japanese hospitals to introduce foreign-made medical instruments.
BUSINESS
May 20, 2004

UFJ to sack top three execs over dismal result

The UFJ financial group said Wednesday its three top managers will be ousted because the group failed to achieve its profit goals, company officials said.
BUSINESS
May 20, 2004

Yanase to absorb seven sales units

Imported car dealer Yanase & Co. said Wednesday it will absorb seven sales subsidiaries Aug. 2 in a bid to increase the efficiency of operations within its group.
BUSINESS
May 18, 2004

AOL Japan to transfer Net business to eAccess

America Online Inc. of the United States will effectively withdraw from Internet connection services in Japan as its wholly owned Japanese subsidiary decided to turn over its business to a Tokyo firm, the subsidiary said Monday.
BUSINESS
May 18, 2004

Major supermarkets' sales fell following price-tag change

Major supermarket chains saw their sales fall in April from year-before levels, thanks to a legal change in pricing that took effect April 1, company officials said Monday.
BUSINESS
May 18, 2004

Tsutaya operator sees profit soar

Culture Convenience Club Co., operator of the Tsutaya video rental chain, said Monday its fiscal 2003 net profit soared 90 percent to a record 2.39 billion yen, powered by aggressive franchise expansion.
COMMENTARY / World
May 17, 2004

Sugar dispute sours Australian politics

SYDNEY -- Who could have guessed that sugar would sour Australian politics? That's just what is happening as the Howard government gears up for its toughest national election yet.
Features
May 16, 2004

A guide by any other name

We don't know when she was born, or when she died -- was it April 9, 1812, at age 25, or perhaps Dec. 20, 1884, aged nearly 100? We don't even know her real name, but the Shoshone woman who accompanied Lewis, Clark and the Corps of Discovery has a fair claim to being the most celebrated woman of color...
Features
May 16, 2004

On the trail of manifest destiny

Two hundred years ago this week, Meriwether Lewis, William Clark and their Corps of Discovery set out to explore the American West. Sunday TIMEOUT asks what the expedition, its leaders and the Shoshone woman who was their guide still mean to us today
Japan Times
COMMUNITY
May 15, 2004

If it's cricket, it's TV Masala's Club Masala

What luck to pick up a promotional flier for Club Masala -- the first Indian subcontinent cable TV network operating in Japan -- in a branch of the curry chain Samrat. Interesting, I thought, and zipped off an e-mail. Now here I am with its president, Nofil Iqbal, who, it transpires, was born in Pakistan....
BUSINESS
May 15, 2004

MMC considers 10% workforce cut, shutting down two domestic plants

Struggling automaker Mitsubishi Motors Corp. is considering a bolder restructuring plan, including a 10 percent cut to its workforce and closure of two domestic plants, sources said Friday.
JAPAN
May 14, 2004

Ex-Duskin chief gets suspended term for misusing money

The Tokyo District Court handed a former chairman of Duskin Co. a suspended prison sentence Thursday for "masterminding" the misappropriation of the company's money.
BUSINESS
May 14, 2004

Fiscal 2003 a bumper year for Mazda

Mazda Motor Corp. said Thursday that its consolidated net profit surged 40.5 percent to 33.9 billion yen in fiscal 2003, while its operating profit rose 38.5 percent to 70.2 billion yen, the highest figure in a decade.
JAPAN
May 14, 2004

Ex-Duskin chief gets suspended term for misusing money

The Tokyo District Court handed a former chairman of Duskin Co. a suspended prison sentence Thursday for "masterminding" the misappropriation of the company's money.
BUSINESS
May 13, 2004

Konami gets a kick back into profitability

Konami Corp. said Wednesday it returned to profitability in fiscal 2003 on strong overseas sales of soccer video games.
JAPAN
May 13, 2004

Mitsubishi Fuso faces release delays

The transport ministry will not certify any new truck or bus from Mitsubishi Fuso Truck & Bus Corp. equipped with the firm's latest F-type wheel hub until the hub's safety is confirmed, according to ministry officials.
Transport ministry issues warning to Haneda Airport operator
The operator of Tokyo's Haneda Airport has been warned by the government over its inappropriate transactions.
Success of Chinese-made fighter jets against India raises alarm in Asia
Chinese J-10 fighter jets from the People's Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, in November 2015.
One month on, Osaka Expo urged to boost heat and crowd control measures
A gate to the Osaka Expo site is crowded with visitors on Monday.
Xi defiance pays off as Trump meets most China trade demands
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
Japanese retailers turn to California rice for cheaper alternative
U.S. Ambassador to Japan George Glass eats California rice at the U.S. Embassy in Tokyo on Tuesday along with Mitsuko Tsuchiya, vice president of retailer Aeon.
Sumo title contenders already emerging in early stages of Tokyo meet
Onosato (left) battles Abi on Day 3 of the Summer Basho in Tokyo on Tuesday.
Harmfully hot days for pregnant women in Japan nearly doubled over past five years
New research by a U.S. climate scientists’ group reveals that extreme heat has increased the risks of preterm births and other pregnancy complications in Japan, nearly doubling the number of days that are harmfully hot for pregnant women over the past five years.
Japanese automakers looking at a ¥1 trillion hit from Trump tariffs 
Cars on display at Nissan's headquarters in Yokohama on Tuesday. The automaker posted a massive annual net loss and confirmed that it plans to cut thousands of jobs worldwide.
Tokyo Stock Exchange wants stocks to be affordable for the average investor
The Tokyo Stock Exchange building in Nihonbashi. The exchange wants companies to lower the entry cost of investing in their shares.
Consumption tax set to dominate Upper House election debate
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.

Podcast

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

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?
By Tomoko Otake

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