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BUSINESS
Jun 1, 2002

Unemployment stays at 5.2% but 270,000 more are jobless

The jobless rate stood at 5.2 percent in April, unchanged from a month earlier, but the number of unemployed actually increased 270,000 to 3.75 million, according to preliminary figures released Friday by the Public Management, Home Affairs, Posts and Telecommunications Ministry.
Japan Times
JAPAN / CLOSE NEIGHBORS
May 31, 2002

Tourism offers one path to better understanding

The pamphlets lined up at tourist centers scream, "Experience the real Korean-style aesthetic treatment and make your skin smooth!" "Spend three full days in Seoul sightseeing and shopping!"
BUSINESS
May 31, 2002

Toshiba tips hand by raising stake in U.S. Audiovox unit

Electrical machinery maker Toshiba Corp. said Thursday it has raised its stake in U.S. wireless product distributor Audiovox Communications Corp. as a step toward expanding its mobile phone business in the North American market.
BUSINESS
May 30, 2002

Corporate consolidation rises by 4.5%

Corporate consolidation in Japan rose 4.5 percent in fiscal 2001 due mainly to more frequent use of such new tools as equity swaps and transfers, the Fair Trade Commission said Wednesday.
BUSINESS
May 30, 2002

NEC Infrontia to offer taxi IC card

Telecom equipment maker NEC Infrontia Corp. plans to try out a new integrated circuit card that allows taxi users to make payments and keep travel records, company officials said Wednesday.
JAPAN
May 30, 2002

Hermes denies Japanese sales block

French luxury brand Hermes on Wednesday denied a recent report by an Austrian weekly magazine that its boutique in Vienna is limiting the number of handbags that can be purchased by Japanese customers to two per person.
JAPAN
May 29, 2002

Flights climb at Kansai airport

OSAKA -- Kansai International Airport, hit by a slump in international travel since the terrorist attacks in the United States last fall, is slowly attracting more overseas business, particularly from Asian airlines.
BUSINESS
May 29, 2002

Condo firm Haseko crumbles into the red

Condominium builder Haseko Corp. said Tuesday its group net balance sank into the red in the 2001 business year, due chiefly to latent losses on its real-estate holdings for sale and on other fixed assets.
Japan Times
JAPAN
May 29, 2002

G8 billing scam ends in suspended prison terms

A former Foreign Ministry official and his subordinate received suspended prison terms Tuesday for defrauding the government of 21.5 million yen by padding bills for limousine rentals in connection with the Group of Eight summit in Okinawa in 2000.
JAPAN
May 29, 2002

Day-care centers' online cameras keep tots in view

Sakura Kindergarten in Setagaya Ward, Tokyo, is one of a growing number of day-care centers hoping to use the Internet and other information technology to keep parents happy and worry-free.
Japan Times
CULTURE / Music / HIGH NOTES
May 29, 2002

Wilco: 'Yankee Hotel Foxtrot'

On the new Wilco album, "Yankee Hotel Foxtrot," frontman Jeff Tweedy muses that his mind is filled with "radio cures." Looks like his old label didn't think so. Citing a lack of commercially viable tracks on "YHF" and the band's refusal to rework them, Warner/Reprise Music showed Tweedy and company the...
BUSINESS
May 29, 2002

Nissan Fire group falls 44 billion yen into red

Nissan Fire & Marine Insurance Co. said Tuesday it plunged into the red with a consolidated net loss of 43.76 billion yen in the 2001 business year after taking heavy losses from reinsurance contracts linked to the Sept. 11 terrorist attacks.
BUSINESS
May 29, 2002

Ford chairman joins Mitsubishi

Mitsubishi Motors Corp. said Tuesday it has nominated Eiji Iwakuni to its board of directors.
COMMENTARY / World
May 27, 2002

Perils of undervalued yuan

I am concerned that China could repeat Japan's mistakes in economic policy. In Japan's high-growth years, the yen became increasingly undervalued, pegged at 360 to the dollar, while the nation's productivity kept increasing. Exports were profitable and the manufacturing industries built up excess production...
BUSINESS
May 27, 2002

Northwest ties fortunes to Japan

MINNEAPOLIS -- Northwest Airlines Inc. remains committed to Japan despite the prolonged recession and the fallout from the Sept. 11 terrorist attacks, and is busy expanding operations at Narita airport, executives of the airline said.
JAPAN
May 26, 2002

Consultants changed advice after Suzuki visited Kunashiri

A consulting company that had submitted a report to a government panel stating that no new power plant was needed on Kunashiri Island rewrote the report and claimed the facility was of "great significance" following a visit by controversial lawmaker Muneo Suzuki to the island, sources close to the case...
Japan Times
LIFE / Food & Drink / THE WAY OF WASHOKU
May 26, 2002

You say tomato, we say delicious

As summer starts to roll out its smothering blanket of heat across Japan, the markets begin to fill with some of the best produce of the year. Though tomatoes are now often grown in hothouses and available year-round, they are at their best when raised outdoors during the months when the sun beats down,...
JAPAN
May 25, 2002

Banks' bad loans increase 47% to record 27 trillion yen

Despite coughing up a record 7.57 trillion yen to cover credit costs, Japan's major banks were unable to make a dent in the size of their bad loans, which shot up 47.4 percent from a year earlier to a record 27 trillion yen, according to fiscal 2001 earnings results released Friday.
BUSINESS
May 25, 2002

ANA reports 9.46 billion yen loss for fiscal 2001

All Nippon Airways Co. on Friday announced a consolidated net loss of 9.46 billion yen for fiscal 2001, a reversal from a profit of 40.29 billion yen the previous year.
BUSINESS
May 25, 2002

Sales slide leaves Isuzu Motors 1.9 billion yen in the red

Hit hard by sliding sales in both domestic and overseas markets, Isuzu Motors Ltd. announced Friday consolidated pretax and net losses of 1.9 billion yen for the 2001 business year.
JAPAN
May 24, 2002

Cops nab nine with wiretappping law

By using a wiretapping law for the first time since it entered into force in 2000, the Metropolitan Police Department has arrested nine suspects and put another on a wanted list in a drug case, the MPD said Thursday.
SOCCER / World cup
May 23, 2002

JAWOC takes measures to solve ticket crisis

The Japanese World Cup Organizing Committee on Tuesday formed a department within its organization to deal with the current delay in delivery of World Cup tickets.
COMMENTARY / WASHINGTON UPDATE
May 23, 2002

Intelligence that got the U.S. nowhere

WASHINGTON -- "What did they know and when did they know it?" That is a paraphrase of the critical question that dogged Richard Nixon through the dreadful days of Watergate. Now, the same question is being asked again. What did the intelligence community know about the threat of terrorists -- specifically,...
BUSINESS / ON THE FRONT LINE
May 23, 2002

Stocks climb, appear poised to top 12,000

Tokyo stocks are out of the doldrums and now appear poised to lift the Nikkei average back above 12,000, a level unseen for years.
COMMUNITY / Issues / THE ZEIT GIST
May 23, 2002

Buyers be wares -- shopping consumes Japan

I was once asked to translate a pamphlet published by the municipal government of one of the most beautiful and historically endowed cities in Japan. The material was aimed at foreign companies and their expat employees to entice them to the city.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami