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July 20, 2025
 

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BUSINESS
Apr 23, 2002

Experienced engineers top Matsushita shopping list

OSAKA -- Matsushita Electric Industrial Co. is planning to hire more midcareer engineers it believes have the potential to become high-ranking executives, Matsushita officials said Monday.
BUSINESS
Apr 23, 2002

FSA panel eyes new property rules

An advisory panel to the Financial Services Agency has unveiled a set of draft rules for accounting that would oblige businesses to book latent losses on fixed property holdings, starting in fiscal 2005.
BUSINESS
Apr 19, 2002

Sharp confirms end of flex-time

OSAKA -- Sharp Corp. has announced that it did away with its flex-time employment system last month.
BUSINESS
Apr 12, 2002

Ito-Yokado claims top supermarket slot

Ito-Yokado Co. has claimed top spot in the supermarket chain sector in terms of operating profits for the first time in two years, according to an earnings report released by the company Thursday.
COMMENTARY
Apr 8, 2002

The 'corporate governance' debate

Over the past decade, "corporate governance" has come to replace "industrial policy" and "Japanese-style management" as the key factor to explain Japanese business performance.
BUSINESS
Apr 5, 2002

NTT faces 2.1 trillion yen in special losses for fiscal 2001

Suffering from huge appraisal losses incurred through failed overseas investments, Nippon Telegraph and Telephone Corp. reported special losses Thursday totaling 2.1 trillion yen for the 2001 business year on a consolidated basis.
BUSINESS
Mar 29, 2002

Snow Brand announces plan

Snow Brand Milk Products Co., the parent company of scandal-hit Snow Brand Foods Co., announced Thursday an outline of its restructuring plan that includes capital tieups with trading house Itochu Corp. and the National Federation of Agricultural Cooperative Associations (Zen-Noh).
BUSINESS
Mar 28, 2002

MMC president-to-be leaves no stone unturned

When he arrived in Tokyo more than a year ago from the Railsystem Unit of the DaimlerChrysler Group, Rolf Eckrodt, vice president and chief operating officer of Mitsubishi Motors Corp., gave each MMC executive a piece of the Berlin Wall encased in clear plastic.
BUSINESS
Mar 28, 2002

Takeda Chemical plans Irish plant

Takeda Chemical Industries Ltd., Japan's biggest pharmaceutical company, said Wednesday it will construct a plant to produce pharmaceutical bulk materials for making medicines in Ireland, to enhance its global production network.
Japan Times
COMMUNITY
Mar 17, 2002

The tower and the story

On Christmas Eve, 1958, thousands of people poured through Hamamatsucho Station in Tokyo's Minato Ward to take in Japan's first postwar shot at a "public attraction." There was nothing particularly cute about it; no fearsome rides, or cuddly characters to have your photo taken with. What's more, visitors...
BUSINESS
Mar 9, 2002

Toyo Shutter to ask banks for financial fresh air

OSAKA -- Toyo Shutter Co. said Friday it will ask six of its main banks for 12.6 billion yen in financial assistance as part of its new restructuring plan.
BUSINESS
Mar 4, 2002

Sato Kogyo files for bankruptcy

Debt-saddled Sato Kogyo Co. and eight of its subsidiaries filed for protection from creditors with the Tokyo District Court on Sunday under the Corporate Rehabilitation Law, becoming the second midsize general construction contractor to collapse in the three months since Aoki Corp. folded in December....
BUSINESS
Mar 2, 2002

Matsushita and union haggle over bonuses

OSAKA -- Matsushita Electric Industrial Co. and its labor union are at an impasse regarding next year's bonuses, with the company hoping to slash payouts below a threshold equal to four months' pay due to a sharp decline in earnings.
BUSINESS
Feb 28, 2002

Matsushita plans to sell Osaka towers

OSAKA -- Matsushita Investment & Development Inc., a real estate developer in the Matsushita group, plans to securitize its twin towers in Osaka and other properties and sell them to investors for some 60 billion yen, company sources said.
JAPAN
Feb 21, 2002

Lifetime employee laments end to her dream of promotion

Setsuko Tanao, an employee at Nomura Securities Co., has fought for gender equality in the workplace since joining the firm's Osaka branch as a high school graduate in 1961.
BUSINESS
Feb 16, 2002

Asahi Mutual to cut stock losses

Asahi Mutual Life Insurance Co. said Friday it will raise 150 billion yen and cut its shareholding losses by 400 billion yen by March 31 in a bid to regain customer trust and stop policy cancellations.
JAPAN
Feb 14, 2002

Kinden Corp. penalized over evaded taxes

OSAKA -- Electrical contractor Kinden Corp. failed to declare about 900 million yen in corporate income in the three business years to March 31, 2000, and has been ordered to pay 300 million yen in back taxes and penalties, industry sources said Wednesday.
JAPAN
Feb 8, 2002

Snow Foods cuts bosses' pay by 50%

Snow Brand Foods Co., the meat packer hit by a fraudulent beef-labeling scandal, said Thursday it will cut the salaries of its president and two senior managing directors by 50 percent next month.
JAPAN
Feb 2, 2002

Snow Brand exec faces fraud charge

The agriculture ministry on Friday filed a criminal complaint against a Snow Brand Food Co. official who allegedly orchestrated the falsification of labels on beef products to obtain government subsidies for mad cow disease.
JAPAN
Feb 1, 2002

Snow exec implicated in fraud he investigated

A Snow Brand Food Co. division chief assigned to investigate allegations of false labeling of meat to get state subsidies by its Kansai Meat Center was directly involved in the fraud he was to probe, sources said Thursday.
BUSINESS
Jan 30, 2002

JAL, JAS give merger details

Japan Airlines Co. and Japan Air System Co. on Tuesday unveiled details of their upcoming merger, saying they plan to cut 73 billion yen in costs by fiscal 2005 by shedding 3,000 workers and sharing aircraft and facilities.
BUSINESS
Jan 27, 2002

Nissho Iwai to sell new head office

Trading company Nissho Iwai Corp. plans to sell its new head office building in Tokyo's Daiba district in order to raise cash to reduce its mounting debts, according to company sources.
JAPAN
Jan 25, 2002

Snow unit could face charges

Farm minister Tsutomu Takebe said Thursday he is considering filing a criminal complaint against Snow Brand Food Co. with investigative authorities.
JAPAN / INTERNATIONAL RATIONALE
Jan 19, 2002

Coffee shops on different tracks in Japan

Three specialty coffee chains from Seattle -- Starbucks, Tully's Coffee and Seattle's Best Coffee -- are aggressively expanding their business in Tokyo, changing the face of the capital with the rich aroma of espresso.
Japanese markets brace for triple whammy if opposition wins big
A Sanseito campaign van in Shinjuku. The populist party is gaining ground and challenging the more centrist parties.
Polls open for key Upper House election that could shake Japanese politics
People vote during Japan's Upper House election at a polling station in Tokyo on Sunday.
Japan team finds ancient ocean full of squids
The ancient ocean was full of squids, whose population exceeded that of fish or ammonites, a Japanese research team mainly from Hokkaido University has found through a new method using technology.
Sunken WWII Japanese warship Teruzuki found off Solomon Islands
The Solomon Islands. A team from the U.S. nonprofit Ocean Exploration Trust has discovered the Imperial Japanese Navy destroyer Teruzuki on the deep seabed off the Solomon Islands as the 80th anniversary of the war's end approaches.
Living conditions index hits lowest level in 15 years in Japan
The share of respondents to a Bank of Japan quarterly survey in June who said they have become worse off came to 61.0%, up 5.1 percentage points from the previous survey.
Japan's rice farmers are confounded by Shinjiro Koizumi’s policies
Kiyoshi Shibata stands in front of one of the rice paddies in Murayama, Yamagata Prefecture, where he produces the prefecture's signature rice brand Tsuyahime.
From stalking to death threats, female candidates still face harassment
Mayu Ushida, a former NHK newscaster running for election in the Tokyo electoral district on the Democratic Party for the People ticket, signs an autograph for a voter after a public rally at Shinjuku Station in Tokyo on Tuesday.
Kawaii Lab redefines idol pop for the TikTok generation
Misa Kimura is the main producer for Kawaii Lab, a project by entertainment agency Asobisystem whose groups have found success by pairing a social media-first strategy with a fresh perspective on traditional idol-pop tropes.
Craig Mod's life in motion in a disappearing Japan
Mod's memoir “Things Become Other Things” chronicles his walking trips across the Kii Peninsula, surveying “a graceful end to a certain life cycle.”
With China and Trump, Japan defense report says world entering ‘new era of crisis’
A senior member of a Self-Defense Forces honor guard inspects a formation before the arrival of Prime Minister Shigeru Ishiba for a visit to the Defense Ministry in Tokyo on June 30.

Podcast

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

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan
By Megha Wadhwa

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