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August 15, 2025
 

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BUSINESS
Jan 8, 2003

Major banks opt to put greater emphasis on private banking

The banking industry has begun putting greater emphasis on private banking as it seeks to increase profitability and eradicate huge loan-loss charges.
COMMENTARY
Jan 6, 2003

Time to rock economic boat

After remaining in the doldrums for more than 10 years, the Japanese economy is now plagued by deflation. The Tokyo Stock Exchange's benchmark Nikkei index has fallen to the 8,500 level, and the nation's unemployment rate remains high. Last fall the government announced a policy package for expediting...
EDITORIALS
Dec 23, 2002

Pay cuts demand job security

It has been a long time since the word "shunto" -- the spring labor offensive -- stood for its traditional meaning. With the domestic economy caught in a deflationary spiral, the idea of winning across-the-board wage concessions from management on top of regular pay increases no longer holds water. So...
BUSINESS
Nov 26, 2002

Seiyu to sell financing unit to Lone Star

Major supermarket chain Seiyu Ltd. said Monday it will sell Tokyo City Finance Co. to the U.S. investment fund Lone Star Group on Friday.
BUSINESS
Nov 19, 2002

NTT posts first-ever fall in consolidated revenues

Telecom giant Nippon Telegraph and Telephone Corp. reported Monday that its consolidated sales fell 1.7 percent to 5.37 trillion yen in the fiscal first half to Sept. 30, marking the first-ever decline in revenue since the firm's privatization in 1985.
Japan Times
JAPAN
Nov 14, 2002

Innovation takes off if colleges, businesses link: Stanford head

With the economy in dire need of a boost, an increasing number of Japan's universities have, with government support, started collaborating with the private sector to create new businesses to revamp the nation's industrial competitiveness.
BUSINESS
Nov 14, 2002

Profits must answer to ethics, expert says

The seemingly endless series of corporate scandals emerging around the world underscores the point that responsible business management is in the long term vital to making profits, according to the leader of a global group that promotes business ethics.
Japan Times
COMMUNITY
Oct 26, 2002

Social entrepreneur targets cross-cultural themes

Ken Nakamori has a dream: a vision of deepening the understanding between people of different countries and creating a new bridge of communication through digital media communities.
EDITORIALS
Sep 26, 2002

A harmful exception to the rule

Banking reform in Japan continues to disappoint. The general perception is that both authorities and banks are mostly taking stopgap measures, such as the Bank of Japan's plan to buy bank shares. Another notable example of expediency is the de facto reversal of the government decision to abolish full...
COMMENTARY / World
Sep 23, 2002

Reform delays discouraging

Junichiro Koizumi was Japan's first prime minister to receive a mandate to push structural reforms by convincing the public that there would be no economic growth without painful reforms. It remains to be seen, however, whether Koizumi will succeed in his reforms. More than a year after launching his...
JAPAN / INTERNATIONAL RATIONALE
Aug 23, 2002

Japan gropes for ideal corporate governance model

The rash of U.S. corporate scandals has rocked the Japanese business community, which until recently admired the success of the American business model.
Japan Times
BUSINESS
Aug 16, 2002

JETRO eyes networking role

To help revitalize the nation's economy, the Japan External Trade Organization must play a key role in supporting Japanese firms in building business networks in East Asia and invite foreign companies into Japan, the new JETRO chairman said.
BUSINESS
Aug 10, 2002

Japan Telecom to sell off part of engineering unit

Japan Telecom Holdings Co. said Friday it has agreed to sell off part of an engineering subsidiary to Australian-based construction and real estate company Bovis Lend Lease Corp. in an effort to concentrate on its core telecommunications business.
Japan Times
JAPAN / CLOSE NEIGHBORS
Aug 9, 2002

Asian appliance firms seek cracks in Japanese market

Customers shopping for TVs, refrigerators, microwave ovens and other electrical appliances are increasingly likely to come across brand names Galanz, Haier, LG and Samsung, which feature stylish designs and low prices that undercut those of their Japanese rivals.
JAPAN
Aug 7, 2002

USJ's problems may stem from a cultural divide

OSAKA -- The Universal Studios Japan theme park is in the throes of a cultural divide over the handling of negative publicity generated by a recent slew of scandals, with some local media outlets accusing American officials of dodging the issue.
BUSINESS
Jul 2, 2002

Merger forms nonlife insurer Sompo Japan

Yasuda Fire & Marine Insurance Co. and Nissan Fire & Marine Insurance Co. merged Monday to form Japan's second-largest nonlife insurer, Sompo Japan Insurance Inc.
COMMUNITY
Jun 30, 2002

Sagae folk enjoying the fruits of their labor

Japan may be famously crazy about cherry blossoms, but the sakuranbo of Sagae City, Yamagata Prefecture, don't attract attention until long after their white flowers have fallen off. Sakuranbo are fruit cherries, and Sagae and neighboring Higashine cultivate more of them than anywhere else in the country....
BUSINESS
Jun 12, 2002

Lower taxes by March possible, Fukuda states

Chief Cabinet Secretary Yasuo Fukuda sounded a hopeful note Tuesday that tax cuts could be introduced by the end of March.
BUSINESS
Jun 6, 2002

Capital spending down in January-March

Capital spending by firms in all industries fell 16.8 percent in the January-March quarter from a year earlier to 11.05 trillion yen, the Finance Ministry said Wednesday.
Japan Times
BUSINESS
May 24, 2002

Snow Brand Milk posts 71.74 billion yen net loss

Struggling Snow Brand Milk Products Co. said Thursday it posted a group net loss of 71.74 billion yen for the 2001 business year, 35 percent worse than the year before, due to plunging sales in the wake of a food mislabeling scandal at its meat packing subsidiary.
Japan Times
JAPAN
May 17, 2002

Contractor focuses on middle-aged hires

A small contractor in Yokohama is challenging the country's rigid labor market with an unusual strategy -- recruiting the middle-aged.
BUSINESS
Apr 24, 2002

Colleges now cast as economic saviors

The government is turning its eye to the nation's universities in a bid to uncover a potential gold mine in venture business ideas and help lift the economy out of its prolonged slump.
BUSINESS
Apr 19, 2002

Uniqlo's profits on the wane

With Uniqlo's boom in casual clothing fading away, Fast Retailing Co. on Thursday cut its earnings projections for the business year to August from its previous estimate in January.
Japan Times
BUSINESS
Apr 18, 2002

Restructuring has Imperial Hotel ready to strike

As foreign hoteliers invade the Tokyo market, the prestigious Imperial Hotel Ltd. is busy planning a counteroffensive.
Japan Times
LIFE / Lifestyle / JET STREAM
Apr 12, 2002

The man who gave the JET program liftoff

The JET program marks its 15th anniversary this year. Today the country's largest teacher-exchange program, it all started from the simple dream of a young British banker called Nicolas Maclean.
Japan Times
BUSINESS
Mar 25, 2002

Sumitomo, Mitsui Chemicals unite to weather tough times

As a global wave of consolidation sweeps through the chemicals industry, Sumitomo Chemical Co., Japan's second-largest chemicals maker, is trying to get a jump on its domestic rivals by merging with industry No. 3 Mitsui Chemicals Inc.
BUSINESS
Feb 26, 2002

Misawa Homes considering 120 billion yen writeoff

Misawa Homes Co. said Monday that it is considering writing off 120 billion yen in latent losses on property-backed loans, property assets and shareholdings in the business year ending March 31.
BUSINESS
Feb 22, 2002

Haseko calls on major banks for 150 billion yen in support

Struggling condominium developer Haseko Corp. unveiled a sweeping restructuring plan Thursday, calling for 150 billion yen in financial support from major creditor banks and a 10 percent cut in personnel expenses in three years.
Japan Times
BUSINESS / INTERNATIONAL RATIONALE
Feb 21, 2002

Japanese companies begin to build their brands

In October 1999, Nissan Motor Co. chief Carlos Ghosn said he planned to boost Nissan's brand power as part of a turnaround plan for the then ailing automaker. Many Nissan workers were initially confused.
The indelible memory of being a part of Unit 731
Hideo Shimizu, 95, says he cannot forget seeing the prisoners' bloody wills scribbled on the walls of prison cells at Unit 731 in 1945.
Will Wakatakakage bring balance to the banzuke?
Wakatakakage during a ring entering ceremony in February 2020
Taiwanese drama 'Zero Day Attack' on Chinese invasion to stream in Japan
A scene from the Taiwanese television drama "Zero Day Attack," which will stream in Japan from Friday.
Ukraine war has transformed North Korean military: Kyiv’s military intel chief
An explosion of a drone lights up the sky over Kyiv during a Russian drone strike, on July 30. Moscow has dispatched military specialists to train the Korean People’s Army on how to use combat drones and air-defense systems.
1 in 55 Japanese middle schoolers abuse over-the-counter drugs, survey shows
Among the middle school students who admitted to abusing over-the-counter medication, the majority — around 64% — said they got them from pharmacies while a third said they had access to them in their own households.
The indelible memory of being a part of Unit 731
Hideo Shimizu, 95, says he cannot forget seeing the prisoners' bloody wills scribbled on the walls of prison cells at Unit 731 in 1945.
Will Ishiba's critics be able to garner enough support for a leadership race?
Prime Minister Shigeru Ishiba's political survival likely hinges on whether a leadership race will take place within the Liberal Democratic Party following its decision to have its election committee canvass the opinions of party members and prefectural chapters on the subject.
Hidden rosters and the legacy of Japan’s germ warfare
Katsutoshi Takegami, 77, in his storehouse attic where he discovered his father's Unit 1644 documents
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.

Podcast

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

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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