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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.
BUSINESS
Jan 14, 2002

Nakatani's dad's firm probed

Tax authorities investigated a construction firm run by the father of Defense Agency chief Gen Nakatani in connection with an alleged tax evasion case involving a secretary of former Liberal Democratic Party Secretary General Koichi Kato, sources close to the case said Sunday.
BUSINESS
Jan 10, 2002

Sanwa, three other banks look at bailing out struggling Daiei

Sanwa Bank and three of Daiei Inc.'s other creditor banks are considering a bailout package for the struggling supermarket chain, including debt forgiveness and a debt-for-equity swap, as one of "many options," a Sanwa Bank spokesman said Wednesday.
BUSINESS
Jan 10, 2002

Merrill Lynch to ax 20 branches

Merrill Lynch Japan Securities Co. said Wednesday it will drastically reduce its retail brokerage business in Japan, closing 20 of its 28 branches.
Japan Times
CULTURE / Stage
Jan 9, 2002

Tokyo Kandenchi putting a little spark back into the Bard

For my first theater outing of 2002, I went to see "A Midsummer-Night's Dream" by Tokyo Kandenchi (Tokyo Dry Battery). In this -- their 25th anniversary performance, but their first-ever brush with the Bard of Avon -- the company made no pretense of striving to scale great literary heights, but instead...
LIFE / Digital / NAME OF THE GAME
Dec 27, 2001

Get ready for Xbox

The last time an American company successfully launched a game console in Japan, Jesse Takamayama was the famous Hawaiian Sumo wrestler and Chad Rowan (aka Akebono) was still in high school. The last time an American company successfully launched a video game console in Japan, a famous hanafuda card...
BUSINESS
Dec 26, 2001

Nidec plans parts venture in China

Major precision motor manufacturer Nidec Corp. said Tuesday it will set up a joint venture March 1 with five of its group companies in China to manufacture components for computer systems.
BUSINESS
Dec 22, 2001

Cheap burger policy under review

Ltd. has changed its half-price hamburger policy for weekdays at outlets in three prefectures, setting new discount prices that will run throughout the week, company officials said Friday. The company plans to extend the system to other areas next year, they added.
JAPAN
Dec 7, 2001

Aoki goes under with 522 billion yen in liabilities

The construction industry was dealt another blow on Thursday when general contractor Aoki Corp. effectively went bankrupt, filing for court protection from creditors under a civil rehabilitation law.
COMMUNITY
Nov 25, 2001

Key insight spells riches for Hollywood nail care magnate

All it took for a small dental supply business to become the world's largest independent manufacturer of nail products was one man's realization that some of his biggest buyers of dental acrylics weren't dentists at all they were manicurists.
Japan Times
COMMUNITY
Nov 25, 2001

'Prince of Knitting' spins a good yarn

KYOTO -- Being male and knitting for a living has earned Mitsuharu Hirose the reputation of being somewhat "strange." Parading about on television in women's knit tops and makeup probably played a part as well. But that doesn't needle Hirose one little bit.
BUSINESS
Nov 20, 2001

Three cooking oil producers to integrate

Nisshin Oil Mills Ltd., Japan's largest cooking oil producer, and two other companies in that field said Monday they will integrate operations on April 1 through an equity swap scheme to sharpen their competitiveness.
BUSINESS
Nov 16, 2001

Mitsubishi Heavy cuts interim losses

Mitsubishi Heavy Industries Ltd. said Thursday that aggressive cost-cutting measures sharply reduced group net losses in the first half of fiscal 2001.
BUSINESS
Nov 16, 2001

Mitsubishi Heavy cuts interim losses

Mitsubishi Heavy Industries Ltd. said Thursday that aggressive cost-cutting measures sharply reduced group net losses in the first half of fiscal 2001.
BUSINESS
Nov 14, 2001

JR West to shed 6,000 employees

West Japan Railway Co. (JR West) unveiled on Tuesday a plan to cut 6,000 employees and transfer another 3,000 parent company workers to group firms.
BUSINESS
Nov 14, 2001

Omron to intensify restructuring

Omron Corp. announced on Tuesday that it will embark on a new two-year restructuring program after chalking up consolidated net profits of 2.15 billion yen in the first half of fiscal 2001, down 73.8 percent from a year earlier.
BUSINESS
Nov 9, 2001

Marubeni's '01 outlook sours

In a dramatic reversal of fortune, Marubeni Corp. expects to post consolidated net losses of 105 billion yen for the 2001 business year after earlier projecting a 15 billion yen profit, company officials said Thursday.
BUSINESS
Nov 7, 2001

Nagasakiya to close about 30 stores

Failed supermarket chain Nagasakiya Co. will close around 30 of its 84 outlets as part of a rehabilitation program, according to company sources.
BUSINESS
Nov 7, 2001

Takeda Chemical notches 45% net profit increase in first half

Takeda Chemical Industries Ltd. said Tuesday its consolidated net profit in the first half of the 2001 business year increased 45.3 percent from a year earlier to 130.85 billion yen, due mainly to an increase in overseas sales of medicine.
COMMENTARY / World
Nov 6, 2001

Fighting for independence in the shadow of a Goliath

ALMATY, Kazakstan -- The phone calls started last May, after the body of an ethnic Uighur activist was found strangled and dumped in a water reservoir.
BUSINESS
Nov 2, 2001

TSE starts new life as profit-seeking stock firm

The Tokyo Stock Exchange, formerly a membership organization, started operations as a stock company Thursday in a bid to improve its worldwide competitiveness.
BUSINESS
Oct 30, 2001

Teijin, Enron begin study on electricity sales

Major textile maker Teijin Ltd. said Monday it has begun a feasibility study with the Enron group of the United States to improve the output of Teijin's private power generator and sell the excess to other corporate users.
JAPAN / INTERNATIONAL RATIONALE
Oct 25, 2001

Foreign equity funds' ways changing face of Japan Inc.

When hunting for a company to buy out, Kenji Ueda doesn't wait to be introduced. The Ripplewood Holdings LLC executive director makes his phone calls cold.

Longform

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