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Japan Times
BUSINESS
Feb 14, 2009

Panasonic asks managers to buy

Panasonic Corp., which aims to cut 15,000 jobs as it faces its first net loss in six years, has asked domestic managers to buy company products worth at least ¥100,000 to boost sales.
COMMENTARY
Feb 10, 2009

Consumption amid constraints

During the period of Japan's rapid economic growth — from 1958 to 1973 — the three items that households yearned for most were a black-and-white TV set, washing machine and refrigerator. By 1965, when more than 80 percent of households had these items, the next targets for purchase were a color TV,...
BUSINESS
Feb 5, 2009

MMC to lose ¥60 billion; Mazda ¥13 billion in red

Mazda Motor Corp. and Mitsubishi Motors Corp. forecast losses for this business year as the global recession dampens demand for cars.
BUSINESS
Feb 3, 2009

Honda to slash managers' salaries 5% through May

Honda Motor Co. said Monday managers' salaries will be slashed 5 percent starting next month to cope with sliding sales. The cut comes on top of the 10 percent pay reduction for directors announced last month.
Japan Times
BUSINESS / TAKING A CHANCE
Feb 3, 2009

Globe maker president on top of the world

Terrestrial globes of various sizes fill the third floor of Watanabe Kyogu Co., manufacturer of globes and astronomy education materials in Soka, Saitama Prefecture.
BUSINESS
Feb 3, 2009

Daihatsu cuts profit

Daihatsu Motor Co. said Monday it cut its full-year profit forecast because the global recession is dampening vehicle demand and the stronger yen is eroding the value of overseas sales.
BUSINESS
Jan 21, 2009

Toyota names president from founder's family

Toyota Motor Corp. said Tuesday that Executive Vice President Akio Toyoda, a member of the founder's family, will be promoted to president in June to lead Japan's biggest automaker amid the global economic turmoil.
BUSINESS
Jan 21, 2009

Toyoda family scion got to the top fair and square

Akio Toyoda, 52, heir apparent to Japan's biggest automaker, may have the founding family's blood running through his veins but was not spoiled in any way as he steadily climbed the corporate ladder, a journalist said Tuesday.
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.
How Takaichi won the LDP’s leadership race
Sanae Takaichi, the newly elected leader of Japan's ruling Liberal Democratic Party, poses in the party leader's office after the LDP leadership election in Tokyo on Saturday.
Asahi ships beer using paper and fax after ransomware attack
Drinks produced by Asahi at a liquor store in Tokyo. Retailers in Japan are warning customers of possible Asahi Super Dry beer shortages after a cyberattack paralyzed production and distribution at the major brewer.
Retro-wrapped trains mark 100th anniversary of Tokyo's Yamanote Line
Trains decorated to resemble the 103 (left) and 205 series of trains that formerly ran on the Yamanote Line, in Tokyo on Saturday.
Americans and Canadians unite in battling 'eating machine' carp
A Fisheries and Oceans Canada team patrols the Grand River in Dunnville, Ontario, in search of invasive grass carp specimens on Sept. 25.
Suzuki eyed for LDP secretary-general, reflecting Aso’s growing influence
Liberal Democratic Party President Sanae Takaichi (center) speaks to reporters on Sunday after meeting Taro Aso, the party's supreme advisor, at the party's headquarters.
Takaichi, the LDP’s first female president, is far from an ‘overnight success’
Newly-elected Liberal Democratic Party chief Sanae Takaichi greets her fellow LDP members on Saturday at party headquarters.
‘We have drawn lessons,’ Indian Army chief says of brief clash with Pakistan
Indian Army chief Upendra Dwivedi waves as he arrives to attend the ceremonial reception of Defense Minister Gen Nakatani in New Delhi in May.
How a family-run landscaper turned the Osaka Expo green
The team at Ryokukou Garden consists primarily of a single family, including Toshiki Tanisaki (second from right), who led the company's efforts at the Osaka Expo, Chikako Tanisaki (fifth from right), who performs daily maintanence at the expo, and Takeshi Tanisaki (fourth from right), who added a nursery to the family farm more than 50 years ago.
Eat your balloons: The culinary theater of Grant Achatz comes to Tokyo
Avant-garde chef Grant Achatz and his team from Alinea are in Tokyo for a three-week residency.
Japan’s first foreign wine investor plants its roots in Hokkaido
Intrigued by Japanese wines, Burgundy winemaker Etienne de Montille decided to explore Hokkaido's wine scene, eventually setting up his outpost in Hakodate in 2017.

Podcast

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

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?
By Alex K.T. Martin

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