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November 11, 2025
 

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BUSINESS
May 31, 2003

Life insurers' revenues, assets still spiraling down

Falling stock prices and sluggish demand left all the nation's major life insurance companies with reduced revenues and net assets in the year that ended on March 31, according to earnings reports released Friday.
Japan Times
COMMUNITY
May 31, 2003

Improve your English via e-mail correspondence

Studying French from age 11, it was exciting when my school in England teamed up with another in France for correspondence exchange. Francoise and I wrote to one another for five years before fading from one another's lives. But I have never forgotten her, or her impact on my life: opening up the world...
BUSINESS
May 30, 2003

Nonlife insurers boost Millea group profits

Millea Holdings Inc., which controls nonlife insurers Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co., on Thursday reported a group net profit of 56.62 billion yen for the year through March 31.
BUSINESS
May 29, 2003

NHK in black for 13th straight year

NHK said Wednesday it remained in the black in the year to March 31 for the 13th straight fiscal year, with operating revenues exceeding expenses by 10.2 billion yen.
MORE SPORTS
May 29, 2003

Ailing Taniguchi to miss Memorial golf tourney

Toru Taniguchi, last season's top golfer on the Japanese men's circuit, has pulled out of this week's Memorial Tournament on the U.S. PGA tour due to illness, his management company said Wednesday.
BUSINESS
May 29, 2003

Defect found in FOMA cell phones

NTT DoCoMo Inc. will repair free of charge two of its FOMA mobile phone models on demand due to a software defect, company officials said Wednesday.
BUSINESS
May 29, 2003

Toei studio group profit up 87.7%

Major film studio Toei Co. on Wednesday reported an 87.7 percent jump in its group net profit for the year to March 31, due largely to improved profitability in its mainstay movie business.
BUSINESS
May 28, 2003

Takenaka salutes bad-loan disposal efforts

Financial Services Minister Heizo Takenaka on Tuesday hailed efforts by major banks to dispose of bad loans in the year that ended March 31.
BUSINESS
May 28, 2003

Citizen Watch recovers to post profit

Citizen Watch Co. reported Tuesday a group net profit of 5.82 billion yen for the year that ended March 31, a turnaround from a loss of 12.61 billion yen the previous year.
BUSINESS
May 27, 2003

Kumagai Gumi falls deep into red

Ailing construction firm Kumagai Gumi Co. fell into the red in fiscal 2002. The general contractor blamed poor sales and massive extraordinary losses, including appraisal losses on its fixed assets.
BUSINESS
May 27, 2003

Japan carmakers' banner year not likely to repeat

Restructuring efforts and strong sales in the United States helped the five major Japanese automakers record drastically higher profits in the year through March 31.
COMMUNITY / How-tos / LIFELINES
May 27, 2003

Painless driving instruction and a move to Japan

More on DIY trading "Gaijin" writes that further to my answer to Wilma Jay (Lifelines; April 29), there are around 60 Internet brokers through which she could do day trading. (Gaijin himself/herself makes a living through trading).
BUSINESS
May 24, 2003

Scandal-hit Snow posted major loss in fiscal 2002

Snow Brand Milk Products Co. continued to struggle in fiscal 2002, suffering a group net loss of 27.1 billion yen for the year that ended in March, the scandal-tainted dairy said Friday.
BUSINESS
May 24, 2003

Hokuriku, Hokkaido banks to merge

Hokuriku Bank and Hokkaido Bank said Friday they have agreed to integrate their businesses under a joint holding company in fiscal 2004, creating Japan's second-largest regional bank in terms of deposits after the Bank of Yokohama.
BUSINESS
May 23, 2003

Matsumotokiyoshi logs record profit

Boosted by a surge in sales of more profitable cosmetic items, the Matsumotokiyoshi Co., Japan's largest drugstore chain, reported a record group net profit of 7.05 billion yen for fiscal 2002.
BUSINESS
May 23, 2003

Credit Saison makes debut in red

Major credit-card firm Credit Saison Co. said Thursday it posted a group net loss of 6.03 billion yen for the business year through March 31, marking the first year the group has ended in the red on a consolidated basis.
BUSINESS
May 23, 2003

Resona group to undergo FSA inspection

An emergency inspection into Resona Bank and its parent company will take place in June in connection with the government's decision to inject public funds into the bank, agency officials said Thursday.
EDITORIALS
May 22, 2003

A fairer sharing of pensions

A government advisory council on social security is considering a proposal to split company-retirement pensions between husbands and wives. The primary aim is to guarantee pension rights for full-time housewives (those not working part time) in recognition of their household work and other duties such...
Japan Times
ENVIRONMENT / GARDEN PATHS
May 22, 2003

Seasonal spectaculars

In the last week or so, roses have been taking the first of their twice-yearly turns to brighten the streets of Tokyo. Potted roses in narrow sidewalk gardens and shrub roses arching over railway fences have suddenly burst into glorious colors.
CULTURE / Books / THE BOOK REPORT
May 22, 2003

Book Off chief rolls with the blows as status quo publishers complain

The Japanese may love a hardworking and unassuming company man who out of nowhere wins the Nobel Prize in Chemistry, but they are still wary of the true entrepreneur who is willing to take risks and shake up long-established ways of doing things.
BUSINESS
May 21, 2003

Hitachi chip may be used in euro bills

The European Central Bank is considering adopting the world's smallest integrated circuit, developed by Hitachi Ltd., to prevent forgery of euro bills, according to Hitachi sources.
BUSINESS
May 20, 2003

Business as usual at Resona branches

Operations continued as usual at Resona group banks Monday, the first day of business following the government's decision to inject the capital-starved banking group with public funds.
Japan Times
COMMUNITY
May 18, 2003

Top-floor Tokyo

It was 10:30 on a cloudy weekday morning in May, and 40-year-old Masakazu Meguro and his coworkers who make up Calcio Atleta las Manos were happily spending the morning of their precious day off to playing "futsal."
BUSINESS
May 17, 2003

Takenaka backs plan to cut insurers' guaranteed yields

Financial Services Minister Heizo Takenaka expressed support Friday for a government plan to submit a bill to the current Diet session that would allow life insurers to cut yields contractually guaranteed to policyholders.
COMMENTARY
May 17, 2003

Long march back to China

LOS ANGELES -- History is full of irony for former empires. Historians of East Asia have maintained for some time that it was the Japanese war of aggression in China in the 1930s and 1940s that eventually drove the Chinese people into the arms of the Chinese Communist Party. After that, the equally forceful...
Japan Times
BUSINESS
May 17, 2003

Lawmakers question validity of GDP data

Heavyweights in the ruling Liberal Democratic Party on Friday accused the government of misleading the public by giving primary importance to real-term figures in its release of gross domestic product data.
BUSINESS
May 17, 2003

Kajima records 28.6% decline in pretax profit

Kajima Corp. said Friday its group pretax profit fell 28.6 percent in fiscal 2002 to 25.82 billion yen, primarily due to smaller profit margins and reduced revenue from construction projects.
BUSINESS
May 17, 2003

Fuji Heavy's profit tumbles 23.7%

Fuji Heavy Industries Ltd., maker of Subaru vehicles, reported Friday a consolidated operating profit of 67.52 billion yen for the year through March 31, down 23.7 percent from fiscal 2001.
Tsunami threat passes following magnitude 6.9 quake off Iwate
A tsunami advisory was issued for Iwate Prefecture on Sunday evening following a strong earthquake. The advisory was later called off, after waves measuring 20 centimeters were recorded in some areas.
Japan to subsidize demolition of abandoned inns
Abandoned Japanese-style inns in the Kinugawa hot springs resort in Nikko, Tochigi Prefecture, in March 2023
Japan’s bears have been on their killing spree for more than 100 years
Bear attacks have dominated Japanese news headlines in recent months, with 13 people so far having been killed by the animals.
Takaichi stands firm on controversial Taiwan contingency remarks
Prime Minister Sanae Takaichi responds to questions during a session of the House of Representatives' Budget Committee in parliament in Tokyo on Monday.
From France to Mali, a deportee's struggle far from home
Moussa Sacko, a Malian deported from France — where he had lived since he was a young child — stands on a street in Bamako, Mali, in December. Compared with his home in France, Bamako feels like a different planet, Sacko said.
Jenson Button brings end to an illustrious racing career intertwined with Japan
Jenson Button races for Honda during the Singapore Grand Prix in September 2008.
Cleanliness gets competitive at Tokyo’s Spogomi world cup
On Oct. 29, teams from 33 qualifying countries scoured the streets of Shibuya for all manners of trash as part of the Spogomi litter-picking competition.
Jon Homewood: ‘There’s beauty in what we throw away’
After a peripatetic childhood around the world, teacher and artist Jon Homewood ended up coming to Japan in 2012 for a professional opportunity.
Yokozuna duo Onosato and Hoshoryu poised for another clash of titans
Yokozuna duo Onosato (right) and Hoshoryu clash for the title on the final day of the Autumn Grand Sumo Tournament on Sept. 28 at Ryogoku Kokugikan.
High-speed rail is expensive and difficult, but seen as a key to growth
Achal Khare, former managing director at India’s National High Speed Rail Corporation, gives a presentation during the IHRA Forum 2025 in Tokyo on Oct. 23.

Podcast

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

Longform

Bear attacks have dominated Japanese news headlines in recent months, with 13 people so far having been killed by the animals.
Japan’s bears have been on their killing spree for more than 100 years
By Yukana Inoue

SUSTAINABLE JAPAN

Maruhachi never sleeps in quest for better futons
Maruhachi never sleeps in quest for better futons

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