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BUSINESS
May 1, 2009

Softbank sinks to ¥15 billion loss on recession, Internet service

Softbank Corp., the nation's third-biggest mobile carrier, said Thursday that it sank into a loss in the January-March quarter due to one-time costs, including the launch of a superfast Internet service.
BUSINESS
Apr 28, 2009

Lion Nathan to cost Kirin $2.5 billion

Kirin Holdings Co., Japan's largest beverage maker, agreed Monday to pay 3.5 billion Australian dollars, or $2.5 billion, for the rest of Lion Nathan Ltd., taking over Australia's second-largest brewer as beer sales slow at home.
BUSINESS
Apr 25, 2009

HSBC joins retreat from Japan equities

HSBC Holdings PLC, Europe's biggest bank, will shut its stock-research and trading businesses in Japan, joining UBS AG, Goldman Sachs Group Inc. and Citigroup Inc. in a retreat from the world's second-largest economy.
Japan Times
LIFE / Food & Drink
Apr 24, 2009

After Tokyo, the Michelin Guide heads to Kansai

Speaking last week about Michelin's decision to release its Kyoto/Osaka dining guide this October, Jean-Luc Naret punctuates his sentences with the practiced smile of a man who has worked in the hospitality industry for a long time. If sales of the Tokyo Michelin Guide are anything to go by, there's...
Japan Times
LIFE / Food & Drink
Apr 24, 2009

Sake goes abroad, brings back fans

Times are tough for the sake industry. Gone are the days when Japan's once-beloved national beverage held a place at every table; now, in a market flooded with beer, wine and shochu, sake struggles to compete. Domestic consumption has fallen every year since 1995, hitting a record low of 700,000 kiloliters...
BUSINESS
Apr 24, 2009

Kirin furthers Australia expansion with offer for Lion Nathan shares

Kirin Holdings Co. has offered to buy the 54 percent of Lion Nathan Ltd. it doesn't already own, accelerating its push into Australia to counter falling beer sales at home. The country's largest beverage maker hasn't decided how much to pay for the stake, valued at 2.4 billion Australian dollars (¥165...
BUSINESS
Apr 17, 2009

Taiheiyo sees cement market recovery in '10

Taiheiyo Cement Corp., Asia's largest producer, expects its business in the U.S. to recover next year, one year earlier than previously anticipated, as the Obama administration's economic stimulus plan boosts sales.
BUSINESS
Apr 10, 2009

Nintendo aims to turn DS device into learning tool, guide

Nintendo Co. said Thursday it will soon introduce a service that teachers can use to send quizzes and other school assignments from their personal computers to students who have the game giant's DS hand-held console.
BUSINESS
Mar 27, 2009

New Crown Majesta goes on sale

Toyota Motor Corp. introduced Thursday a redesigned version of the Crown Majesta luxury sedan to help stem a drop in domestic sales.
Japan Times
BUSINESS
Mar 27, 2009

Slump hits demand for haute couture

The first model to walk the runway during Japan Fashion Week strutted her stuff in the nude. She was also a robot — a high-tech gimmick in a fashion world struggling to retain attention as the global economy staggers through recession.
BUSINESS
Mar 18, 2009

Mazda, unable to sell bonds, to seek government bailout

Mazda Motor Corp., burdened with the second-worst credit rating among Japan's carmakers and a 62 percent surge in short-term borrowing this fiscal year, plans to apply for government aid as it consumes cash.
Japan Times
BUSINESS
Mar 7, 2009

Steeped in tradition, Moleskine notebooks make mark in Japan

Moleskine notebooks, which trace their roots to the paper pads artists and writers turned to for decades, saw their sales in Japan in 2008 hit ¥500 million, or 10 times what they took in when Tokyo-based Qahwa Ltd. began distributing the brand here in 2005.
BUSINESS
Mar 7, 2009

Toyota suppliers taking hit

Toyota Motor Corp.'s production cuts will cause bankruptcies among suppliers if the government restricts aid to large manufacturers, a car parts group said.
Japan Times
BUSINESS
Feb 14, 2009

Panasonic asks managers to buy

Panasonic Corp., which aims to cut 15,000 jobs as it faces its first net loss in six years, has asked domestic managers to buy company products worth at least ¥100,000 to boost sales.
COMMENTARY
Feb 10, 2009

Consumption amid constraints

During the period of Japan's rapid economic growth — from 1958 to 1973 — the three items that households yearned for most were a black-and-white TV set, washing machine and refrigerator. By 1965, when more than 80 percent of households had these items, the next targets for purchase were a color TV,...
BUSINESS
Feb 5, 2009

MMC to lose ¥60 billion; Mazda ¥13 billion in red

Mazda Motor Corp. and Mitsubishi Motors Corp. forecast losses for this business year as the global recession dampens demand for cars.
BUSINESS
Feb 3, 2009

Honda to slash managers' salaries 5% through May

Honda Motor Co. said Monday managers' salaries will be slashed 5 percent starting next month to cope with sliding sales. The cut comes on top of the 10 percent pay reduction for directors announced last month.
Japan Times
BUSINESS / TAKING A CHANCE
Feb 3, 2009

Globe maker president on top of the world

Terrestrial globes of various sizes fill the third floor of Watanabe Kyogu Co., manufacturer of globes and astronomy education materials in Soka, Saitama Prefecture.
BUSINESS
Feb 3, 2009

Daihatsu cuts profit

Daihatsu Motor Co. said Monday it cut its full-year profit forecast because the global recession is dampening vehicle demand and the stronger yen is eroding the value of overseas sales.
BUSINESS
Jan 21, 2009

Toyota names president from founder's family

Toyota Motor Corp. said Tuesday that Executive Vice President Akio Toyoda, a member of the founder's family, will be promoted to president in June to lead Japan's biggest automaker amid the global economic turmoil.
BUSINESS
Jan 21, 2009

Toyoda family scion got to the top fair and square

Akio Toyoda, 52, heir apparent to Japan's biggest automaker, may have the founding family's blood running through his veins but was not spoiled in any way as he steadily climbed the corporate ladder, a journalist said Tuesday.
BUSINESS
Jan 17, 2009

Fuji Heavy forecasts first loss in 15 years on recession, strong yen

Fuji Heavy Industries Ltd., the maker of Subaru-brand cars, said Friday it forecasts the first loss in 15 years, as the global recession decimates demand for new cars and a strong yen erodes overseas sales.
Japan Times
BUSINESS
Jan 16, 2009

Yoshinoya to open 100 outlets as recession bites food budgets

Yoshinoya Holdings Co., Japan's largest chain of beef-bowl restaurants, plans to add a record 100 outlets in its home market next fiscal year as demand for budget meals increases from recession-hit consumers.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Man admitted to 2025 Osaka Expo with 85-year-old ticket
The Osaka Expo, which opened last month, runs through mid-October.
In his first appearance, Pope Leo offers three big clues about his papacy
Newly elected Pope Leo XIV, formerly Cardinal Robert Prevost of the United States, appears on the balcony of St. Peter's Basilica at the Vatican on Thursday.
Economists debate consumption-tax cut as Japanese politicians warm to the idea
A supermarket in Chiba. Politicians in Japan might cut the consumption tax to help households and the economy.
Two men arrested after storming Tokyo elementary school and injuring staff
Tachikawa Municipal 3rd Elementary School, where two men broke in on Thursday
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
Kazuki Nagasawa's sustainable designs are rooted in tradition
For centuries, artisans have unraveled strands of the fibrous bark of "shuro" trees to create a medley of everyday objects. Designer Kazuki Nagasawa is now transforming the traditional material into ethereal contemporary pieces.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ships Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.
'Big picture thinker': Ispace CEO Hakamada on reaching the moon and dreaming of starships
Takeshi Hakamada, founder and CEO of Ispace, says his primary interest in space development is not to abandon Earth, but to protect it.

Podcast

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

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

SUSTAINABLE JAPAN

Fujitsu crafts sustainable innovation for itself, society
Fujitsu crafts sustainable innovation for itself, society

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