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BUSINESS
Nov 26, 2002

Kumagai Gumi, Hazama report plunges in profits

Midsize general contractors Kumagai Gumi Corp. and Hazama Corp. on Monday reported sharp declines in sales and profits for the first half to Sept. 30, blaming a shrinking construction market and mounting debts.
JAPAN
Nov 25, 2002

Mizuho restructuring program to include 10% wage cut

The Mizuho Financial Group has worked out a restructuring program, which includes an average salary cut of more than 10 percent from fiscal 2003, sources close to the program said Sunday.
COMMENTARY
Nov 25, 2002

Flawed civil service proposal

To carry out the first major reform of the national civil service system in 50 years, the government plans to introduce legislation in the Diet next year to revise the national public service law. Under present plans, the new law would be implemented beginning in fiscal 2006. A task force of the Cabinet...
Japan Times
JAPAN / WEEKEND WISDOM
Nov 24, 2002

Author tells how individuals sacrificed for the company

Although Japan achieved high economic growth by increasing its industrial productivity, the group-oriented work system that formed the basis of that development effectively sacrificed the rights of the individual, according to freelance journalist Satoshi Kamata.
Japan Times
COMMUNITY
Nov 24, 2002

Faking it

Fakes and copies -- the words conjure up images of brand-name goods that aren't; trademarks purloined; forged money and passports; pirated CDs, software and videos . . . and even archaeological finds that weren't as historic as they were purported to be.
JAPAN
Nov 23, 2002

Road official arrested in bid-rigging probe

OSAKA -- A senior official of Hanshin Expressway Public Corp. and two senior officials of a construction company in Osaka Prefecture were arrested Friday in connection with an alleged bid-rigging case in 2000, police said.
BUSINESS
Nov 23, 2002

Ad slump eats into TV Asahi profit

Asahi National Broadcasting Co., better known as TV Asahi, said Friday its group net profit for the first half of the 2002 business year dove 73.1 percent to 1.46 billion yen due to a decline in advertising revenues.
Japan Times
COMMUNITY
Nov 23, 2002

Marketing Cardiff as cultural capital of Europe

This is quite a month for Bet (Elizabeth) Davies. On Nov. 28, she will receive an award from the Japanese ambassador in London on behalf of the government for services rendered to to the Japanese community in Wales, and her work in bridging Japan and the U.K. in general.
JAPAN
Nov 22, 2002

Ship in hijack bid now off Hokkaido

A Russian trawler that reportedly repelled a hijack attempt by a pirate ship off Vladivostok on Tuesday is located off Hokkaido in the Sea of Japan, the Japan Coast Guard confirmed Thursday.
JAPAN
Nov 22, 2002

Beaujolais Nouveau imports likely to establish new record

Imports of Beaujolais Nouveau are climbing toward a record high this year thanks to aggressive marketing campaigns by importers.
Japan Times
BUSINESS
Nov 22, 2002

Automakers launch price war

Automakers are waging a price war in an attempt to lift sales amid the prolonged recession.
JAPAN
Nov 22, 2002

Gulliver's Kingdom finally finds a buyer

KOFU, Yamanashi Pref. -- Fuji Gulliver's Kingdom, a failed theme park at the foot of Mount Fuji, was finally auctioned off Thursday to a resort company for 1.48 billion yen, following two unsuccessful rounds since its collapse a year ago.
JAPAN
Nov 22, 2002

Osaka to sell resort, apartments

OSAKA -- The financially strapped Osaka Prefectural Government will sell off all of its 1,185 employee housing units and its seaside resort in a bid to raise cash and narrow its gaping budget deficit, sources said Thursday.
COMMUNITY / Issues / THE ZEIT GIST
Nov 22, 2002

Japanese movies eyed for makeover

With "The Ring," the horror film based on the 1998 Hideo Nakata hit "Ringu," sailing past the $100 million mark in the United States, remakes of Japanese and other Asian films are suddenly hot in Hollywood.
Japan Times
BUSINESS
Nov 22, 2002

Daiei kicks off crucial nationwide sale with help from Oh

Struggling supermarket chain Daiei Inc. started Thursday a crucial yearend sale at its 271 stores across the country.
SOCCER / PREMIER REPORT
Nov 22, 2002

Reduce friendly matches, not Champions League games

LONDON -- Tord Grip, the assistant to England coach Sven-Goran Eriksson, once sat next to a supporter on a plane bound for a game in Germany. The fan remarked to the Swede who watches at least three games each week at home and abroad: "You must have lots of air miles."
JAPAN
Nov 21, 2002

Sept. 11 radically shifts policy priorities for U.S.

The Sept. 11, 2001, terrorist attacks have radically altered the policy priorities of the United States, which could have wide-ranging international implications for years to come, according to American experts taking part in a recent seminar in Tokyo.
Japan Times
JAPAN
Nov 21, 2002

Racecourse chief held over bribe

Tokyo police on Wednesday arrested the former head of the Kyoto Racecourse, operated by the Japan Racing Association, on suspicion of accepting 1.6 million yen in bribes from the former president of a company that makes promotional cards.
BUSINESS
Nov 21, 2002

JT seeks discount on leaf tobacco

Japan Tobacco Inc. said Wednesday it has sought the first reduction in the purchasing price of leaf tobaccos in seven years.
BUSINESS
Nov 20, 2002

UFJ may integrate bank operations

The UFJ financial group may integrate the banking operations of UFJ Bank and UFJ Trust Bank by around January 2005, group officials said Tuesday.
JAPAN
Nov 20, 2002

Nicos president quits consumer credit group

Yoji Yamada, president of Nippon Shinpan Co., resigned Tuesday as chairman of the Japan Federation of Consumer Credit Companies to take responsibility for a racketeer-related scandal at his company.
Japan Times
CULTURE / Stage
Nov 20, 2002

The dangerous art of living quietly

Oriza Hirata's 1995 Kishida Drama Award-winning "Tokyo Notes" opened in Japan for the first time in four years Sunday, after touring overseas to critical acclaim. Now being staged at the Museum of Contemporary Art in downtown Kinshicho by Seinendan, the company Hirata founded in 1983, this portrait of...
JAPAN
Nov 19, 2002

Air-cleaner maker just blowing smoke

The Fair Trade Commission has warned air-cleaner maker Tornex Inc. about misleading consumers, sources close to the case said Monday.
BUSINESS
Nov 19, 2002

Snow Brand to partially sell stake in Yukijirushi Access

Snow Brand Milk Products Co. said Monday it will sell part of its stake in Yukijirushi Access Inc. to transport equipment maker Toyota Industries Corp. and four other firms later this month.
BUSINESS
Nov 19, 2002

Asahi Glass group net profit up 12%

Glass manufacturer Asahi Glass Co. announced Monday that its group net profit for the fiscal first half to Sept. 30 was 15.22 billion yen, up 11.8 percent from a year earlier, thanks mainly to the absence of large one-time losses logged the previous year.
Japan Times
JAPAN
Nov 18, 2002

Police raid Nicos offices over charges linked to 'sokaiya'

Tokyo police raided the headquarters of Nippon Shinpan Co., popularly known as Nicos, on Sunday after allegations surfaced that its executives had paid off a racketeer.
JAPAN
Nov 17, 2002

Finance firm exec held over racketeer payoffs

A senior managing director of leading Japanese consumer credit firm Nippon Shinpan Co. was arrested Saturday with seven other people for allegedly paying off a former racketeer.
JAPAN
Nov 17, 2002

Daiwa official suspected of insider trading

A former division chief at Daiwa Securities SMBC Co. allegedly earned more than 3 million yen in February through insider trading, sources close to the case said Saturday.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
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