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BUSINESS
Jun 9, 2006

New budget plan eyes surplus by 2011

The government has come up with a new budget reform proposal aimed at achieving a primary budget surplus by fiscal 2011 by cutting spending and raising taxes, government sources said Thursday.
EDITORIALS
Jun 8, 2006

The act of a professional?

Mr. Yoshiaki Murakami, who has drawn intense public attention as Japan's most controversial investment fund manager, was arrested Monday by the Tokyo Public Prosecutor's Office on suspicion of violating the Securities and Exchange Law. He is suspected of having engaged in insider stock trading when his...
BUSINESS / JAPANESE PERSPECTIVES
Jun 5, 2006

A sleuth's Marple-lous take on takeover bids

In the novel "A Caribbean Mystery," Miss Marple asks Mr. Rafiel about takeover bids. She sounds like someone who is talking about a word in a foreign language.
BUSINESS
Jun 3, 2006

Sompo Japan chief resigns; 6.5 million yen error revealed

The president of Sompo Japan Insurance Inc. resigned Friday to take responsibility for the firm's misconduct that resulted in a business suspension order, while the insurer announced it mistakenly collected 6.5 million yen in premiums due to a clerical error.
BUSINESS
May 30, 2006

NEC close to tieup with TI, Matsushita

Developing or procuring key components for mobile phone handsets are major reasons NEC Corp. will collaborate with Matsushita Electric Industrial Co. and Texas Instruments Inc. in the mobile phone business, NEC President Kaoru Yano said Monday.
BUSINESS / JAPANESE PERSPECTIVES
May 29, 2006

Getting to the bottom of foreign currency reserves

In recent months, news about sharp rises in foreign currency reserves held by emerging economies has been making headlines in Japanese papers.
JAPAN / Media / MEDIA MIX
May 21, 2006

Ishihara flies over the hurdles toward his own 2016 Olympic gold

Politicians often get elected because of promises they make. In his one term as governor of Tokyo, comedian Yukio Aoshima didn't accomplish anything noteworthy, but he did keep the one promise that got him elected: He canceled the World City Exposition that many constituents thought would be a waste...
COMMENTARY / World
May 20, 2006

Is Europe turning toward a strong euro?

PALO ALTO, California -- European Central Bank President Jean-Claude Trichet made news at the press conference following the May meeting of the ECB Governing Council not by what he said, but by what he did not say.
BUSINESS
May 20, 2006

Economy defies dip in consumption and pulls off 0.5% rise

The economy grew by a real 0.5 percent in the January to March quarter, marking its fifth consecutive quarter of growth despite a slowdown in private consumption, the government said Friday.
BUSINESS
May 17, 2006

Isuzu netted record profit in 2005 on strong overseas sales

Truck maker Isuzu Motor Ltd. said Tuesday it set all-time highs in group pretax and operating profit in fiscal 2005, thanks to robust sales in the United States and Southeast Asia.
BUSINESS
May 10, 2006

Tanigaki displeased with yen's rise

Finance Minister Sadakazu Tanigaki said Tuesday "excessive volatility and disorderly movements" in exchange rates are undesirable for economic growth, in reference to the dollar's sharp fall against the yen.
JAPAN
Apr 29, 2006

Koizumi issues official Minamata apology

Prime Minister Junichiro Koizumi on Friday issued the first formal apology by a prime minister for the state's failure to deal properly with Minamata disease, one of the worst pollution-caused maladies and one that erupted during the nation's speedy economic growth of the 1950s.
BUSINESS
Apr 15, 2006

FSA orders suspension at Aiful

The Financial Services Agency said Friday it has ordered consumer finance firm Aiful Corp. to suspend most operations at its 1,700 outlets for three to 25 days over the use of strong-arm collection tactics.
BUSINESS
Apr 7, 2006

CPA body plans registry for auditors

An industry body governing certified public accountants said Thursday it will start a registration system next April to help it weed out accounting firms or auditors found to have violated accounting rules.
BUSINESS
Mar 31, 2006

GM offers Isuzu stake to Mitsubishi, Itochu

Struggling General Motors Corp. is discussing the sale of its 7.9 percent stake in truck maker Isuzu Motors Ltd. to Mitsubishi Corp. and Itochu Corp., the two trading houses said Thursday.
Japan Times
CULTURE / Stage
Mar 23, 2006

A grand splash

Just before Japan's economy took a downturn, the Tokyu railroad conglomerate celebrated good times with the construction of the splendidly designed Bunkamura arts complex just behind its flagship department store in Tokyo's Shibuya district.
BUSINESS
Mar 15, 2006

New chief vows to steady JAL

Japan Airlines Corp. should restructure itself into an airline that can consistently make an operating profit of at least 100 billion yen so it can survive in volatile business conditions, the troubled carrier's incoming president said in an interview with The Japan Times.
BUSINESS
Mar 10, 2006

Fuji TV will sue Livedoor but may try to sell stake first

The chairman of Fuji Television Network Inc. said Thursday the TV network will sue Livedoor Co. for compensatory damages in connection with huge losses caused by a plunge in the stock price of the Internet and financial services company.
BUSINESS
Mar 4, 2006

Specifics prove difficult in privatizing financier

The government has deferred a decision on whether to include specific measures to fully privatize Shoko Chukin Bank, a public financier specializing in loans to smaller businesses, in a bill on streamlining government-linked financial institutions.
JAPAN
Feb 26, 2006

Income linked to student performance

About half of unionized teachers at elementary and middle schools believe academic performance of their students is mirrored in the growing differences in their parents' incomes, according to a survey by Kyodo News.
BUSINESS
Feb 23, 2006

Acquisitive Don Quijote posts 13% profit rise

Discount retailer Don Quijote, currently under the spotlight over its hostile takeover bid for Origin Toshu Co., said Wednesday it posted a net profit of 4.85 billion yen from July to December 2005, up 13.2 percent from the same period the previous year.
JAPAN
Feb 21, 2006

Lower House members not quite as rich

The average value of assets held by 479 House of Representatives lawmakers elected last September is 49.78 million yen excluding equities, according to a Kyodo News survey based on declarations released Monday.
COMMENTARY
Feb 20, 2006

New demands, more delays

Japan and North Korea made little progress toward solving their problems in five days of bilateral talks that ended early this month in Beijing. The only agreement was to continue to talk.
BUSINESS
Feb 11, 2006

JBIC at cross-purposes?

The head of the state-funded Japan Bank for International Cooperation told the government recently that it can finance countries that are denied state loans for political reasons, naming Iran and China as examples, Kyodo News learned Thursday.
BUSINESS
Feb 10, 2006

Fukui upbeat, cautious on recovery

Bank of Japan Gov. Toshihiko Fukui voiced stronger confidence Thursday in the ongoing recovery, but said the central bank needs to confirm the economy's strength against various external risks.
JAPAN
Feb 9, 2006

Ex-envoy admits secret pact on Okinawa

A former senior Foreign Ministry official admitted Wednesday that Japan secretly shouldered $4 million in costs for Okinawa's reversion from U.S. control in 1972.
BUSINESS
Feb 1, 2006

Meiji Yasuda unveils plan to regain credibility

Scandal-hit Meiji Yasuda Life Insurance Co. announced a medium-term business plan Tuesday focused on regaining credibility over the next two years.
COMMENTARY / COUNTERPOINT
Jan 29, 2006

With Horie's downfall, who can young Japan look up to?

The media has had a field day with Takafumi Horie, the 33-year-old founder of the communications firm Livedoor.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
U.S. President Donald Trump speaks at the White House on Wednesday.
U.S. backtracks on Japan tariff calculation, taking effective rate lower
Ryosei Akazawa, Japan's chief tariff negotiator, said the U.S. made a clerical error in not including a “reciprocal” tariff rate ceiling for Japan in the trade deal.
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
Biggest drop in Japanese nationals seen alongside record high in foreign residents
A street in Tokyo's Shinjuku district on Wednesday
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Will the movement seeking Ishiba’s resignation succeed?
Liberal Democratic Party youth division head Yasutaka Nakasone (center) and other members speak to reporters in Tokyo on July 25.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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