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JAPAN
Nov 26, 2003

Top banks project profits for full year

All but one of the nation's seven major banks are projecting that they will coast to full-year profits in March given stable stock prices and improved corporate sentiment.
JAPAN
Nov 25, 2003

Temple seeks special-zone status to ease its regulatory binds

Temple University Japan is seeking government designation as a special deregulation zone entity in a bid to make itself more attractive to students, according to its dean.
JAPAN
Nov 24, 2003

Former Nihon Keizai unit execs held

Three people, including a former president and a former managing director of a Nihon Keizai Shimbun Inc. affiliate, were arrested Sunday for alleged aggravated breach of trust by issuing checks for nonexistent transactions.
JAPAN
Nov 24, 2003

Third man arrested over writer's death

Tokyo police arrested on Sunday a third man over the death of freelance journalist Satoru Someya, whose body was found in Tokyo Bay in September, according to investigative sources.
JAPAN
Nov 23, 2003

Three held over killing of journalist

Police on Saturday arrested a man on suspicion of abandoning the body of freelance journalist Satoru Someya, who was well-known for his stories about the activities of Chinese crime gangs in the capital's Kabukicho district and was found murdered in Tokyo Bay in September.
JAPAN
Nov 23, 2003

Oil firm exec held over tax evasion

The president of a Tokyo-based oil importing company and eight others have been arrested for allegedly evading more than 400 million in taxes on a large volume of diesel fuel imported from South Korea via dummy companies, police said Saturday.
COMMUNITY
Nov 23, 2003

The Enigma

The theory behind the Turing Test is at the center of this fine print (right) by the American artist Jin Wicked. The looping tape, inscribed with binary 0s and 1s, represents Alan Turing's model of the computer he formulated in 1936.
JAPAN
Nov 23, 2003

Power crisis helped public save energy

Awareness of the need to conserve energy among residents of the capital increased after Tokyo Electric Power Co. shut down all 17 of its nuclear reactors, sparking fears of an energy crisis this summer, according to a survey released recently by Dentsu Inc.'s Center for Consumer Studies.
BUSINESS
Nov 22, 2003

Earnings results leave everyone sweating at TSE

The number of companies that announced their earnings results for the first half of fiscal 2003 peaked Friday at the Tokyo Stock Exchange, leaving the TSE press club packed with perspiring reporters and company officials.
BUSINESS
Nov 22, 2003

Most key nonlife insurers report rise in net profits

Seven of the nation's nine largest nonlife insurers reported an increase in net profits Friday, as elevated stock prices helped cover for limping sales.
BUSINESS
Nov 21, 2003

Matsumotokiyoshi profit logs slide

Matsumotokiyoshi Co., Japan's largest drugstore chain, reported Thursday profit declines for the half year ending Sept. 30 amid higher cost burdens despite solid growth in group sales.
BUSINESS
Nov 21, 2003

Scandal-tainted Nippon TV sees profit fall

Nippon Television Network Corp., rocked by a viewer ratings scandal, on Thursday reported double-digit profit falls for the half year to Sept. 30 amid slumping ad revenue and a lack of big events matching last year's World Cup soccer finals.
JAPAN
Nov 21, 2003

Keidanren urged to expel Takefuji

A group of lawyers urged the Japan Business Federation (Nippon Keidanren) on Thursday to expel Takefuji Corp. following police raids on its headquarters last week over a wire-tapping scandal.
BUSINESS
Nov 21, 2003

Starbucks Japan profit sinks 58%

Starbucks Coffee Japan Ltd. said Thursday its profit for the first half of fiscal 2003 plummeted 58 percent to 93 million yen due to costs associated with closing unprofitable stores.
BUSINESS
Nov 20, 2003

Fuji TV net profit up 37.4% in half

Fuji Television Network Inc. said Wednesday its group net profit for the six months to Sept. 30 rose 37.4 percent from a year earlier to 14.07 billion yen, buoyed by the popularity of its smash-hit sequel to a police drama film.
BUSINESS
Nov 20, 2003

JSDA to convert Jasdaq into full-scale exchange

The Japan Securities Dealers Association decided Wednesday to convert its Jasdaq over-the-counter stock market into a full-scale exchange as defined by the Securities and Exchange Law.
BASKETBALL / NBA / NBA REPORT
Nov 20, 2003

Talk of Kobe joining Spurs just hot air

NEW YORK -- Welcome to the NBA where Jazz fans are wondering why John Stockton took so long to retire and turn over the point guard responsibilities to Carlos Arroyo.
Japan Times
JAPAN
Nov 20, 2003

Iraqi glad Hussein fell but rues the cost

Life in Iraq may no longer be the "prison" it was under the murderous regime of Saddam Hussein, but Tallal F. Abdalridah is still tormented by the fact that the U.S-led war on his country resulted in the loss of so many innocent lives and in so much social disruption.
BUSINESS
Nov 19, 2003

Casio, Hitachi to develop cell phones in joint venture

Casio Computer Co. and Hitachi Ltd. announced Tuesday they will set up a joint venture in April to develop cell phone handsets.
BUSINESS
Nov 19, 2003

Meiji Dairies group profit up 42%

Meiji Dairies Corp. said Tuesday its fiscal first half group net profit improved 42.2 percent to 5.69 billion yen.
JAPAN
Nov 19, 2003

Ishihara backs off on allegations against Fujii

Land minister Nobuteru Ishihara on Tuesday backtracked from an earlier statement that indicated Haruho Fujii, former chief of Japan Highway Public Corp., had threatened to fight his pending dismissal by disclosing sensitive information.
Japan Times
JAPAN
Nov 19, 2003

Heads roll in NTV ratings scandal

Nippon Television Network Corp. Chairman Seiichiro Ujiie will resign as chief executive officer over a ratings manipulation scandal, NTV said Tuesday.
JAPAN
Nov 19, 2003

Journalists to countersue lender

Five journalists said Tuesday they will countersue the leading consumer lender Takefuji Corp., which launched libel litigation against them earlier this year over their reports on the scandal-tainted firm's alleged misdeeds.
BUSINESS
Nov 19, 2003

Japan Telecom Holdings sees red

Japan Telecom Holdings Co. sank into the red in the fiscal first half of 2003 due to share evaluation losses related to the sale of its land-line telephone service unit Japan Telecom Co.
BUSINESS
Nov 18, 2003

Microsoft enters tieup with Waseda

Microsoft Corp. and Waseda University have agreed to cooperate on fostering human resources specializing in computer security technology, Steven Ballmer, chief executive officer of the U.S. company, said Monday.
JAPAN
Nov 18, 2003

Takefuji Corp. bugging allegations grow

A former Takefuji Corp. employee arrested last week on suspicion of tapping the phone of a freelance journalist had earlier admitted to bugging the phones of others.
BUSINESS
Nov 18, 2003

Public assistance helps stem bankruptcy rate

The number of corporate bankruptcies in Japan fell 18.7 percent in October from a year earlier to 1,387, down for the 10th consecutive month, Teikoku Databank Ltd. said Monday.
BUSINESS
Nov 18, 2003

Ex-Toyota exec tapped to head new Tokyo bank

The Tokyo Metropolitan Government is going to appoint a former Toyota Motor Corp. official as head of a new bank that will finance small and midsize companies.

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’