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BUSINESS
Jan 1, 2002

Nikkeiren pushes job-sharing to stabilize unemployment

Employers and employees will eventually agree on wage cuts in the form of work-sharing as they undergo the much expected pains of ongoing structural reforms initiated by Prime Minister Junichiro Koizumi, the chief of Japan Federation of Employers Association (Nikkeiren) said.
BUSINESS
Dec 29, 2001

Japan, South Korea and China eye launch of IT talks

Japan, South Korea and China are expected to launch regular ministerial talks on information technology issues, telecommunications minister Toranosuke Katayama said Friday.
COMMENTARY / WASHINGTON UPDATE
Dec 26, 2001

At last, Congress tackles election reform

WASHINGTON -- It was just a year ago last week that the Supreme Court elected George W. Bush our 43rd president. The mess of the elections in 2000, from the faulty voting machines in Florida to the long counts in western states (remember it took almost a month to declare a winner in the Senate election...
BUSINESS
Dec 21, 2001

BOJ lowers economic view, again

The Bank of Japan on Thursday downgraded its assessment of the nation's economy for the seventh consecutive month.
EDITORIALS
Dec 14, 2001

Caught in a worsening recession

Japan's economy is in serious condition. Despite years of recovery efforts, its vital signs continue to worsen. Gross domestic product in July through September contracted at an annual rate of 2.2 percent, posting two straight quarters of negative growth -- a condition that is technically defined as...
Japan Times
BUSINESS
Dec 13, 2001

'Tankan' reveals sentiment falling but not as steeply

Business sentiment is continuing to fall at Japanese companies as they struggle against declining exports and prices amid the global economic slump, according to the Bank of Japan's latest "tankan" quarterly survey.
Japan Times
BUSINESS
Nov 22, 2001

Banker sees smooth euro cash start, no 'black fund'

FRANKFURT -- Japanese investors should have full confidence in the stability and strength of the euro as the currency is launched in its physical form at the start of next year, according to the European central banker coordinating the project.
BUSINESS
Oct 25, 2001

Fuel cells, IT on stage at motor show

MAKUHARI, Chiba Pref. -- The 35th Tokyo Motor Show opened to the media Wednesday, showcasing concept cars, motorbikes and the latest auto parts at the Makuhari Messe international event hall.
CULTURE / Art
Oct 17, 2001

Sweden's other ambassador

Ewa Kumlin pondered the question, "What is Swedish style?" Then she set her mind to answering it.
JAPAN
Oct 12, 2001

UBC exec made a packet on client's shares

Prosecutors are investigating an executive at UBC Corp., a Tokyo data-processing company linked to the nation's largest labor union, who made huge personal gains by selling shares in a client company, sources said Thursday.
BUSINESS
Oct 6, 2001

Key economic health gauge hit zero in August

The key gauge of economic health came to zero in August, remaining well below the boom-or-bust line of 50 percent for the eighth straight month, the government said Friday in a preliminary report.
BUSINESS
Oct 3, 2001

Oki revises '01 earnings estimates

Oki Electric Industry Co. said Tuesday it has downwardly revised its net balance forecast for fiscal 2001 to an 8.5 billion yen loss on a group basis. It previously forecasted a 9 billion yen profit.
BUSINESS
Sep 21, 2001

Forum could smooth relations

Japan is informally considering the establishment of a high-level comprehensive forum for discussing economic issues with China as early as next year to promote policy cooperation in a wide range of areas, government sources said Thursday.
JAPAN
Sep 20, 2001

Bad-debt panel issues guidelines on waivers

A joint panel of the nation's banking and business circles finalized on Wednesday a set of guidelines under which troubled corporate borrowers can ask for debt forgiveness.
BUSINESS
Sep 6, 2001

End to market decline may be in sight

Tokyo stocks plunged yet again this week, sending the 225-issue Nikkei average below 10,500 -- a level unseen since August 1984.
JAPAN
Aug 28, 2001

Infrastructure spending key to town mergers

The government plans to emphasize social infrastructure investment as part of a comprehensive plan to support mergers of cities, towns and villages, according to a draft plan obtained by Kyodo News.
BUSINESS
Aug 28, 2001

Omron cuts back group profit forecasts for fiscal 2001

Omron Corp., a maker of automated control equipment, said Monday it has cut earnings forecasts for fiscal 2001, trimming group net profit by 42.3 percent for the full year and by 66.7 percent for the first half from earlier projections in May.
JAPAN
Aug 1, 2001

NEC to eliminate 4,000 jobs amid global IT shrinkage

NEC Corp. announced Tuesday it will cut 4,000 personnel in Japan and abroad by April and withdraw from DRAM chip operations in 2004 amid a global shrinkage in information-technology markets.
ENVIRONMENT / OUR PLANET EARTH
Jul 12, 2001

Tokai nuke incident still shows afterglow

Hisashi Ouchi died Dec. 21, 1999, less than three months after he and two colleagues set off a criticality accident at JCO Co. in the village of Tokai, Ibaraki Prefecture. Masato Shinohara died seven months later, also a victim of lethal radiation exposure. The third employee, Yutaka Yokokawa, was hospitalized...
BUSINESS
Jun 29, 2001

TSE-listed firms enjoyed sales increases

Many major Japanese companies, especially manufacturing firms, saw sales increases and net profits in fiscal 2000, which ended March 31, 2001.
JAPAN
Jun 19, 2001

Nonutilities slow to light up newly opened market

Fifteen months after the partial liberalization of the electricity retail market, new players in the industry remain scarce.
BUSINESS
Jun 6, 2001

Market turbulence will keep yen volatile

With the weak euro dragging down the dollar, the yen has gained strong upward momentum in recent weeks.
JAPAN
May 31, 2001

DoCoMo launches trial of high-speed service

NTT DoCoMo Inc. on Wednesday launched a trial run of its third-generation mobile phone service that promises to eventually allow users to watch video transmissions on their handsets.
BUSINESS
May 26, 2001

Youth favors new Fuji chief

Kyoji Takenaka, the incoming president of Fuji Heavy Industries Ltd., is determined to make the company a full-fledged global player with "premium brand" vehicles.
BUSINESS
May 14, 2001

NTT launches Internet certification exam

About 25,000 people took a computer test Sunday conducted by NTT Communications Corp. to receive a certificate of qualification in information technology.
BUSINESS
Apr 28, 2001

Hiranuma reiterates themes toward economic revitalization

Reappointed Economy Minister Takeo Hiranuma said a comprehensive approach of combining the disposal of problem loans and assets, creating new businesses and implementing regulatory reforms is needed to revitalize the economy.
JAPAN
Apr 14, 2001

LDP rivals back approval of textbook

All four candidates vying for the Liberal Democratic Party presidency are defending the government's recent approval of a junior high school history textbook that critics say glosses over Japan's wartime aggression in Asia.

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear