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JAPAN
Mar 30, 2001

Sumitomo women lose wage bias suit

OSAKA -- The Osaka District Court has dismissed a suit filed by three female employees of Sumitomo Chemical Co. seeking a total of 160 million yen in compensation from the company for wage differences between them and their male colleagues covering nearly four decades.
JAPAN
Mar 28, 2001

Hoya to ship glass to U.S. nuclear lab

Japanese glass maker Hoya Corp. plans to resume suspended shipments of glass slabs to the U.S. Energy Department's nuclear weapons research facility, believing the product will not lead to new nuclear development, the company said.
JAPAN
Mar 16, 2001

Sumitomo execs to pay redress for losses

OSAKA -- Former executives of trading house Sumitomo Corp. reached a court-mediated settlement Thursday on a lawsuit filed by one of its shareholders over huge losses the firm sustained due to a rogue copper trader.
BUSINESS
Mar 14, 2001

Mitsui Construction plans 20 billion yen share issue

Financially troubled Mitsui Construction Co. decided at an extraordinary board meeting Tuesday to issue 20.4 billion yen worth of new shares late this month to 11 creditor financial institutions and its mercantile arm, Sanken Corp., the company announced.
BUSINESS
Feb 28, 2001

OSE to become share-issuing firm

OSAKA -- The Osaka Securities Exchange on Tuesday formally decided to convert itself into a share-issuing company from a membership organization on April 1.
BUSINESS
Feb 28, 2001

OSE to become share-issuing firm

OSAKA -- The Osaka Securities Exchange on Tuesday formally decided to convert itself into a share-issuing company from a membership organization on April 1.
BUSINESS
Feb 6, 2001

Suntory brewing up momentum in Chinese beer market

OSAKA -- Struggling to survive in the saturated domestic market, Suntory Ltd. has stepped up its operations in China in a bid to capture the hearts of beer lovers in the world's most populous country.
JAPAN
Jan 19, 2001

Three-way merger to create second-biggest travel agency

Kinki Nippon Tourist Co. and Nippon Travel Agency, Japan's second- and third-largest travel agencies, announced Thursday that they have agreed to merge in January 2003.
BUSINESS
Jan 18, 2001

Amway Japan chief looks to raise firm's public profile, sales

In an effort to combat a decline in sales amid stagnant consumer spending, Amway Japan Ltd. President Stephen A. Robbins is determined to raise the direct selling firm's public profile by forming alliances with major Japanese companies.
BUSINESS
Jan 17, 2001

Izumiya to close nine supermarkets running at a loss

OSAKA -- Izumiya Co., a midsize supermarket operator based here, will close down nine of its 20 loss-making stores and eliminate 400 jobs by introducing an early retirement program by the end of February 2003, the company said Tuesday.
BUSINESS
Jan 16, 2001

Aramaki to assume Kirin presidency

Kirin Brewery Co. said Monday it will appoint Senior Managing Director Koichiro Aramaki, 61, as the brewery's new president.
BUSINESS
Jan 11, 2001

Daiei announces new store strategy

Troubled supermarket chain Daiei Inc. on Wednesday announced a fiscal 2001 business plan that includes realigning its corporate management system and renovating all 243 of its general merchandise and discount stores by the end of fiscal 2003.
JAPAN
Jan 8, 2001

Ajinomoto denies officials in Indonesia arrested

Ajinomoto Co., a maker of food seasoning based on monosodium glutamate, denied that six of its officials were arrested in Indonesia Saturday over allegations its products contain pork extracts, an ingredient forbidden under Muslim law.
JAPAN
Jan 8, 2001

Chiyoda to sue former management

Chiyoda Mutual Life Insurance Co., which is in the process of restructuring under the corporate rehabilitation law, is planning to sue former board members for billions of yen in damages over policies blamed for causing its effective bankruptcy, company sources said Sunday.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Jan 7, 2001

Yoshitami Arai

As a precocious 15-year-old in 1946, Yoshitami Arai looked around at a Japan that was, he said, "totally destroyed." Then at school in Ichikawa, Chiba Prefecture, he was already beginning to understand the need of the nation to produce businessmen who would rebuild the economy. From that time on, he...
BUSINESS
Dec 25, 2000

Taking a step toward transparent markets

Foreign investors and financial institutions have often criticized the Japanese financial market for being too ambiguous in its regulatory procedures and, in general, for still being a "closed" market.
BUSINESS
Dec 1, 2000

DoCoMo confirms push into U.S. via AT&T share deal

NTT DoCoMo Inc. officially announced Thursday that it has reached an agreement to acquire a 16 percent stake in AT&T Wireless Services Inc. of the United States for 1.79 trillion yen, securing a foothold in the country for its next-generation mobile phone technology.
EDITORIALS
Nov 28, 2000

Quit coddling NTT

The Telecommunications Council, an advisory panel to the Ministry of Posts and Telecommunications, has produced a preliminary report calling for stepped-up competition within the NTT group. The report, however, falls far short of expectations. The overall impression is that the panel is keen to minimize...
EDITORIALS
Nov 8, 2000

Reform is key to winning IT race

The world is gripped with IT fever. Despite linguistic differences, IT, shorthand for information technology, is a buzzword even here. It is believed to hold the key to the future development of the Japanese economy. That is why Prime Minister Yoshiro Mori is leading the drive for an IT revolution. ...
LIFE / Digital / CYBERIA
Nov 8, 2000

Nihongo dekiru?

Nihongo dekiru? Since Amazon.com opened for business, its biggest foreign market has been Japan. The company has about 193,000 customers here and they ring up about $34 million worth of sales. Mind you, the domestic Japanese market for online book sales is only $46 million. (In the name of full disclosure,...
EDITORIALS
Nov 3, 2000

Amazon flows into Japan

Prime Minister Yoshiro Mori has declared that he wants to build an "e-Japan." He may find that his wish comes true sooner than he thinks. This week's launch of Amazon.com's Japanese Web site will push the electronic envelope as much as any government initiative. But the Amazon.com venture also highlights...
JAPAN
Oct 25, 2000

Kondo set to resign over solar blunder

OSAKA -- Sanyo Electric Co. President Sadao Kondo expressed his intention to resign Tuesday in an effort to take responsibility for the sale of defective solar cell systems by a subsidiary.
COMMUNITY
Oct 22, 2000

ZERI student volunteer recalls Expo experience

Agreeing to be interviewed but only 18, Ikuko Sato brought along her elder sister Kyoko for support. Actually, Kyoko had her own motive for joining us. Soon to visit a Filipino friend in England, she wanted information on traveling in the U.K.: "Is there a special rail pass for tourists? And what do...
COMMUNITY
Oct 19, 2000

Glittering prizes on the Ginza

There's a new tenant on Ginza's shopping street, a new jewel.
JAPAN
Oct 11, 2000

Chiyoda Life seeks court protection

Chiyoda Mutual Life Insurance Co. filed for court protection from creditors Monday with liabilities of 2.94 trillion yen -- the biggest failure in Japan's insurance industry since the war.
COMMUNITY
Oct 5, 2000

Vanity, thy name is . . . Vince?

SAN FRANCISCO -- Clairol, the staid manufacturer of women's hair dyes, tried something new this year: It went after kids.
JAPAN
Oct 2, 2000

Consolidated business tax eyed for 2002

The tax panel of the ruling Liberal Democratic Party plans to introduce a consolidated corporate tax system in fiscal 2002 to help companies restructure, panel sources said Sunday.
JAPAN / Media / MEDIA MIX
Sep 21, 2000

Japan insurance market just a phone call away

For the past several years, the insurance industry has been battered on two fronts by bad publicity. On the one hand, the collapse of almost all the major life insurance companies has been blamed on poor investment choices and even poorer management, while on the other, the spate of recent murder-for-insurance...

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