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BUSINESS
Oct 16, 2001

Lawson racks up record profits

Lawson Inc., the nation's second-largest convenience store operator, reported on Monday record consolidated pretax profits of 22.45 billion yen, up 3.3 percent from a year earlier, for the first half of its business year through Aug. 31.
BUSINESS
Oct 13, 2001

New Daiwa holding firm to be set up on Dec. 12

OSAKA -- Daiwa Bank and two regional banks said Friday they have agreed on the final terms of their planned management integration, including a decision to set up a new holding company on Dec. 12.
JAPAN
Oct 12, 2001

UBC exec made a packet on client's shares

Prosecutors are investigating an executive at UBC Corp., a Tokyo data-processing company linked to the nation's largest labor union, who made huge personal gains by selling shares in a client company, sources said Thursday.
BUSINESS
Oct 11, 2001

Aeon notches new records in first-half sales and profits

Aeon Co., which runs the Jusco supermarket chain, logged record sales and pretax profits on a consolidated basis for the first half of this business year, company officials said Wednesday.
BUSINESS
Oct 6, 2001

Chuo Mitsui may be rescued

Financially troubled Chuo Mitsui Trust & Banking Co. has entered the final phase of talks to come under the management of Sumitomo Mitsui Banking Corp., sources said Friday.
BUSINESS
Oct 3, 2001

Komatsu to trim 10% of workforce

Komatsu Ltd. said Tuesday it will cut 2,200 jobs, or about 10 percent of its group domestic workforce, by March 2004.
BUSINESS
Oct 2, 2001

Sumitomo Marine, Mitsui Marine merge into No. 3 nonlife insurer

Sumitomo Marine & Fire Insurance Co. and Mitsui Marine & Fire Insurance Co. merged Monday to create the nation's third-biggest nonlife insurer.
BUSINESS
Sep 22, 2001

Asahi and Daiwa formally announce tieup plans

Asahi Bank and Daiwa Bank announced Friday that they have reached a basic agreement to join forces under a single holding company in a bid to survive as stock price tumbles eat away at their capital.
BUSINESS
Aug 23, 2001

Sansui says its pretax loss to be worse than expected

Sansui Electric Co. said Wednesday it has revised downward its forecasts for the business year to Dec. 31 to show an 80 percent surge in pretax loss compared with its projections in February.
BUSINESS
Aug 21, 2001

Fujitsu to cut 16,400 jobs worldwide

Fujitsu Ltd. announced Monday it will cut its global workforce by 9 percent, or 16,400 jobs, by the end of the fiscal year amid a global slump in the semiconductor market.
BUSINESS
Aug 18, 2001

Foreign carmakers going small to increase presence in Japan

By offering smaller, more affordable cars and increasing their visibility in the marketplace, foreign automakers are gradually increasing their presence in Japan.
BUSINESS
Aug 16, 2001

Venture capitalists bank on restructuring mood

During the heady days of the information technology boom of the late 1990s through early 2000, many foreign venture-capital firms were lured to Japan in search of Internet-related business startups.
BUSINESS
Aug 14, 2001

An 'A' for Failure

By Mark McCormack A visit to an Ivy League college to attend the graduation of his son bore an unexpected dividend for one of our agents. He was so taken by one of the speakers, a mathematics professor, that he approached him afterward about doing a book. It was an excellent example of maximizing the...
BUSINESS
Aug 11, 2001

MMC selects lucky early retirees

Ailing automaker Mitsubishi Motors Corp. has selected 1,382 employees aged 52 or older to participate in an early retirement program.
JAPAN
Aug 1, 2001

Matsushita posts first group loss

Matsushita Electric Industrial Co. posted its first quarterly group operating loss in 30 years, because of a global slump in demand for technology, the electronics giant said Tuesday.
BUSINESS
Jun 29, 2001

2,100 firms face shareholders

Some 2,100 companies across the country held general shareholders' meetings Thursday following the closing of books in March, making it the peak day for such gatherings for listed and unlisted firms, the National Police Agency said.
BUSINESS
Jun 27, 2001

More improvements to come: Ghosn

Carlos Ghosn, president of Nissan Motor Co., said Tuesday that while the automaker deserves an "A or A-plus" for its rehabilitation efforts so far, its performance has yet to match all that it is capable of.
LIFE / Travel
Jun 19, 2001

Where the trade routes cross

Fifty years ago, travelers on American roads used to watch for trucks parked by roadside diners. Most people believed that truckers knew the best places to eat, and that any restaurant with trucks parked in front of it would serve good food.
COMMUNITY
Jun 10, 2001

Home buyers seek new designs for living

Man people dream of buying a brand-new home. In Japan, realizing that dream usually means settling for a factory-made house that looks like hundreds of its neighbors or a condominium that must be paid for even before it is built.
JAPAN
May 31, 2001

DoCoMo launches trial of high-speed service

NTT DoCoMo Inc. on Wednesday launched a trial run of its third-generation mobile phone service that promises to eventually allow users to watch video transmissions on their handsets.
BUSINESS
May 29, 2001

Asahi Mutual plans out refinancing

Asahi Mutual Life Insurance Co. plans to refinance some 50 billion yen in loans from several financial institutions, including Dai-Ichi Kangyo Bank, to keep its foundation fund unchanged at 100 billion yen, company officials said Monday.
BUSINESS
May 26, 2001

Youth favors new Fuji chief

Kyoji Takenaka, the incoming president of Fuji Heavy Industries Ltd., is determined to make the company a full-fledged global player with "premium brand" vehicles.
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 / INTERNATIONAL RATIONALE
May 24, 2001

Foreign managers bring change to corporate life

Takashi Sato of Mitsubishi Motors Corp. fears he may be transferred because of his poor command of English -- a potentiality that was unthinkable until last year.
JAPAN
May 10, 2001

Tax evasion nets seafood giant

The Tokyo District Public Prosecutors Office on Wednesday arrested a former senior official of Maruha Corp., Japan's seafood industry leader, on suspicion of tax evasion, prosecutors said.
BUSINESS
May 5, 2001

DoCoMo's 3G service delay raises more questions

Last week's decision by NTT DoCoMo Inc. to scale back the introduction of third generation (3G) mobile phone services confirmed the skepticism of many observers about its launch date. But it proved the company was willing to cut prices to allow more consumers to access its richer, higher-speed content....
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.
‘Noto Democracy’ and the slow work of civic change
Yukio Iokibe’s “Noto Democracy" centers on Motoyuki Takii, a former junior high school teacher who publishes a handwritten newspaper every month to encourage the residents of Anamizu, Ishikawa Prefecture, to engage in local politics.
In microbes we trust: Embracing the nature of fermented food
You don't need an oven to make Kenji Morimoto's easy and delicious Miso Sticky Toffee Crepe Cake.
Touring the Silk Road — without leaving Tokyo
One of the entrances to Pao Compound, a nine-story Silk Road-inspired complex in Tokyo's Higashinakano neighborhood
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.
In Gaza-made obi, Palestinian embroidery meets Japanese kimono
The Palestinian Embroidery Obi Project brings together a traditional Japanese garment and age-old designs from the Middle Eastern region.

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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