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BUSINESS
Oct 4, 2001

NSK slashes forecasted earnings

Bearings maker NSK Ltd. said Wednesday it now expects to report only a quarter of its earlier projected consolidated net profit for the 2001 business year due mainly to declining demand from information technology firms.
BUSINESS
Sep 29, 2001

Sony revises down earnings on IT slump, U.S. attacks

Sony Corp. on Friday revised downward its earnings projections for fiscal 2001, reflecting the global economic slowdown led by a slumping information technology sector and the recent attacks in the United States.
BUSINESS
Aug 11, 2001

Economy deteriorating further

The government believes the economy is "further deteriorating" due chiefly to larger falls in exports and output plus a dip in investment.
BUSINESS
Aug 8, 2001

3,000 at Matsushita units want early retirement

OSAKA -- More than 3,000 employees applied for early retirement programs offered by about 30 domestic subsidiaries of Matsushita Electric Industrial Co., exceeding initial expectations, company officials said Tuesday.
BUSINESS
Jun 12, 2001

Sony opens second Net-only bank

Sony Corp. launched the nation's second Internet-based bank Monday, aiming to attract customers to the branch-free bank with higher deposit interest rates and new financial services based on the firm's advanced information technology.
BUSINESS
Jun 8, 2001

Japan-Chile free-trade deal urged

Chile and the government-affiliated Japan External Trade Organization called for forming a comprehensive free-trade agreement between the two countries as soon as possible in their joint studies released Thursday.
JAPAN
Jun 6, 2001

Accredited online university offers access to higher education

For those who have been prevented from pursuing higher education courses by financial, geographical or time factors, the Internet may indeed be a blessing.
BUSINESS
May 28, 2001

A successful model for privatizing Japan's special-purpose entities

In revitalizing the Japanese economy with Prime Minister Junichiro Koizumi at the helm, Japan should look to France as a model for privatizing its special-purpose entities in light of years of debate and analysis that have resulted in little action.
BUSINESS
May 25, 2001

Nippon Steel profit margin jumped 137% in fiscal 2000

Nippon Steel Corp. said Thursday it posted a group net profit in fiscal 2000 of 26.49 billion yen, up by 137.1 percent.
JAPAN
May 22, 2001

Matsushita, Hitachi mull tieup

Matsushita Electric Industrial Co. and Hitachi Ltd. are in the final stage of negotiating a cooperation pact that would allow them to streamline their home appliance units and compete more efficiently with foreign manufacturers.
BUSINESS
May 17, 2001

Optimism, foreign investors fuel rebound

The initial trigger for the Tokyo share price rally in recent weeks was foreign investors' stepped-up purchases.
JAPAN
May 4, 2001

Todai chief laments decline in academic standards

Japan may lose out in the international arena, especially in scientific and technological research, if no appropriate steps are taken to stem the decline in Japanese university students' academic abilities, warns the new president of the prestigious University of Tokyo.
BUSINESS
Apr 14, 2001

Economic mission bound for Russia

Japan will send a 150-strong economic mission to Russia late next month for talks with Russian officials and business leaders on expanding bilateral economic exchanges, Foreign Ministry officials said Friday.
BUSINESS
Apr 2, 2001

Japan's new era of reconstruction: changing an outdated government

Perhaps you may wonder why as of Jan. 6 the Okurasho (Finance Ministry) is being called the Zaimusho and why various changes are being made within this administrative bureau.
JAPAN
Mar 31, 2001

Japanese workers turn increasingly to unusual avenues for their careers

Kyodo News At a restaurant in Tokyo's fashionable Ebisu district, eatery manager Mitsuho Abe skillfully slices fresh pieces of raw flatfish with a kitchen knife and prepares potherb mustard salad.
JAPAN
Mar 27, 2001

Ticket agencies join the digital age

Kyodo News The Internet set the scene, cellular phones followed, and now convenience stores have jumped on the bandwagon, drastically changing the way people in Japan buy tickets for concerts, plays and sports events.
JAPAN
Mar 23, 2001

Conference members seeking strong economic leadership

Although Japan knows it should carry out structural reforms and stimulate domestic demand to get out of its protracted economic slump, it is still waiting for someone to take the initiative and actually do something.
JAPAN
Mar 15, 2001

Grad jobs set to rise again in '02

About half of 40 major Japanese companies polled by Kyodo News plan to hire more new university graduates next spring than this year, making it certain overall job offers will increase for the second year in a row.
JAPAN
Mar 3, 2001

Jobless rate stays at 4.9%; spending remains in a lull

Dour economic indicators released Friday provided further evidence that Japan's economic recovery is stalling, with unemployment staying at a record-high level of 4.9 percent in January and consumer spending remaining flat.
BUSINESS
Feb 24, 2001

PCCW to buy U.S. firm's game arm

Game software developer Pacific Century CyberWorks Japan Co. said Friday it has agreed to buy VR1, the network game software division of U.S. Internet business and entertainment provider Circadence Corp., for about $38 million.
JAPAN
Feb 16, 2001

Departing Foley believes strength of ties will prevail

The following are excerpts from U.S. Ambassador Thomas Foley's interview with The Japan Times: What do you think the U.S. and Japanese governments should do to prevent overall bilateral relations from being damaged by the Feb. 9 accident in which a Japanese ship sank off Hawaii when it was hit by a...
BUSINESS
Feb 9, 2001

Nippon Steel reclaims output crown from Pohang

Nippon Steel Corp. snatched back its title of the world's top steelmaker in terms of crude steel output in 2000 after being second to South Korea's Pohang Iron & Steel Co. for the past two years, Nippon Steel officials announced Thursday.
COMMENTARY
Feb 5, 2001

Complacency fatal for Japan

Prime Minister Yoshiro Mori recently traveled to Davos, Switzerland, to attend the annual meeting of the World Economic Forum. He stayed there for only half a day, returning home immediately after delivering a speech.
BUSINESS
Jan 26, 2001

NKK discussing ties with Thyssen Krupp

NKK Corp., Japan's second-largest steelmaker, said Thursday it is holding talks with a steel unit of major German industrial group Thyssen Krupp AG to strengthen technological cooperation.
COMMENTARY
Jan 22, 2001

Fairness for foreign workers

The recent arrest of Tadao Koseki, former president of KSD, a mutual-aid society for small business, on bribery charges has turned the spotlight on problems involving foreigners working here as "trainees." Koseki was also director of an agency called IMM Japan that takes care of trainees from Indonesia....
BUSINESS
Jan 19, 2001

GM increases equity stake in Suzuki to 20.1%

The General Motors Corp. group has acquired a combined 20.1 percent equity stake in Suzuki Motor Corp., Japan's top maker of minivehicles, Suzuki Motor said Thursday.
COMMUNITY
Jan 14, 2001

Turning gray offices into great places to work

Steven Louie, vice president and design director of Gensler Tokyo, is not only warm, open and charming; he's also sensitive, patient, and very very kind. This was illustrated by his treatment of the 16-year-old student from the U.K. (on a work experience program) who accompanied me, listening attentively...
JAPAN
Jan 1, 2001

Foreign workforce movin' on up

For a long time, workers coming to Japan from the Third World have been associated with the cheap blue-collar labor that supports industrial societies at the lower strata.
JAPAN / STAGING A COMEBACK
Jan 1, 2001

Carrying out reform is only the beginning for politicians

The final 10 years of the 20th century have been called a "lost decade" for Japan, which continues to suffer woes from the burst of the late-1980s bubble-economy. Japan's comeback as a globally competitive economic powerhouse will require fundamental reforms not only in the industrial and financial sectors...

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear