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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.
JAPAN
May 23, 2002

Police search firms linked to dumpling manufacturer

OSAKA -- Osaka Prefectural Police conducted a series of searches Wednesday after the discovery that the Mister Donut chain in Japan had been using an unauthorized antioxidant in its dumplings.
BUSINESS
May 23, 2002

Panel to suggest easing work-sharing subsidy conditions

An advisory panel to the labor minister said Wednesday it will recommend an easing of conditions for government subsidies to companies that introduce work sharing, ministry officials said.
BUSINESS
May 22, 2002

Oji Paper reports group net loss

Oji Paper Co. said Tuesday it incurred a group net loss of 17.7 billion yen for the business year to March 31, its first loss in three years, due mainly to valuation losses on stockholdings.
BUSINESS
May 22, 2002

Toyobo hit by securities appraisals

OSAKA -- Toyobo Co. said Tuesday its group net balance fell into the red in the 2001 business year due mainly to appraisal losses on securities holdings.
Japan Times
CULTURE / Stage
May 22, 2002

The goodness of small things

The stage of "Masurca Fogo" represents choreographer Pina Bausch's aesthetic world. And what a wide world it is: The 22 dancers are drawn from far and wide, and the music ranges from Brazilian samba and Portuguese fado, to k.d. lang and Duke Ellington.
Japan Times
CULTURE / Music / J-POPSICLE
May 22, 2002

For Utada, third time's, uh, same-ish

Set for a June 19 release, Hikaru Utada's third album, "Deep River," doesn't contain any major surprises, staying true to the pop/R&B synthesis that has proven so successful for the singer since she burst onto the scene with her debut single, "Automatic/Time Will Tell," back in December 1998.
Japan Times
BUSINESS
May 21, 2002

Mazda fetes first model in 1 1/2 years

Mazda Motor Corp. on Monday began marketing its first new offering in 18 months -- a midsize car called the Atenza.
BUSINESS
May 21, 2002

Koizumi may send observers to private German postal firm

Prime Minister Junichiro Koizumi on Monday proposed sending a team to a German postal firm to observe privatized postal services.

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’