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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.
COMMENTARY
Jan 12, 2009

Darkest hour is just before green

The impact of the current global financial crisis, which originated with U.S. subprime loans and was exacerbated by the collapse of Lehman Brothers last September, has gone far beyond the financial markets, as entire economies are now suffering from sharp declines in demand due to tighter reins on credit,...
BUSINESS
Jan 9, 2009

Toyota cut output and now takes aim at pay

Toyota Motor Corp. said Thursday it is negotiating with its workers in Japan to slash salaries as it stops production to adjust to slumping global demand.
EDITORIALS
Nov 25, 2008

Bank sheds its purpose

A former employee of Shinginko Tokyo, a bank mainly owned by the Tokyo Metropolitan Government, and five other people were indicted Nov. 17 on a charge of defrauding the bank of about ¥50 million. The former employee, from the bank's Ikebukuro branch, and the five allegedly forged accounting and other...
Japan Times
BUSINESS
Nov 21, 2008

Lotteria adds bacon to Zeppin

Lotteria Co. will launch a new version Friday of its smash-hit cheeseburger to stake a bigger claim to the premium burger market.
BUSINESS
Nov 8, 2008

Panasonic, Sanyo start tieup talks

Panasonic Corp. and struggling Sanyo Electric Co. announced Friday they will enter capital and business tieup talks to make Sanyo a subsidiary of the electronics giant to boost global competitiveness in green energy and electronics.
BUSINESS
Oct 29, 2008

Nomura posts loss but expects gains via Lehman acquisitions

Nomura Holdings Inc. said Tuesday its group net loss widened to ¥72.9 billion in the quarter that ended in September due to losses related to the global financial turmoil.
Japan Times
BUSINESS
Oct 16, 2008

Toyota touts 'ultracompact' iQ

Toyota Motor Corp. unveiled Wednesday its new "ultracompact" iQ, aiming to stimulate demand for fuel-efficient "premium" cars in the sluggish domestic auto market.
Japan Times
CULTURE / Film
Oct 16, 2008

Japan shines at Asia's top film festival

Acknowledged as the most important annual film event in Asia, Korea's Pusan International Film Festival (PIFF) opened its 13th edition on Oct. 2 under several clouds. The glittery opening ceremony, stuffed to the rafters with Korean celebrities, was more subdued this year owing to the same-day suicide...
BUSINESS
Oct 1, 2008

Matsushita gives way to Panasonic

A famous corporate brand name will disappear Wednesday when Matsushita Electric Industrial Co. abandons the name of its founder in an attempt to evolve into a truly global corporation.
Japan Times
BUSINESS
Sep 12, 2008

Coach builds brand of affordable luxury goods

Twenty years ago, at the height of the bubble economy, Coach Inc. started out small in Japan, selling its products at the Mitsukoshi department store in Yokohama.
BUSINESS
Aug 30, 2008

Nintendo ups profit forecast 26%

Nintendo raised its business year profit forecast by 26 percent from an earlier figure Friday, citing healthy sales of its Wii home console and DS hand-held game machines.

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