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BUSINESS
Oct 8, 2004

Ito-Yokado first-half profit jumps 40% on subsidiaries' results

Ito-Yokado Co. said Thursday its first-half net profit jumped 40 percent from a year earlier to 32.41 billion yen, powered by the performance of Seven-Eleven Co. and other subsidiaries.
JAPAN / Media / MEDIA MIX
Oct 3, 2004

Discrimination keeps Chinese tourists at bay

Japan's neglect of its tourism potential could be called a sidelight of its overall self-image. On the international stage, Japan sees itself as culturally impenetrable and overpriced. Moreover, the xenophobia that many people accuse it of fostering has become accepted by the citizens as a national trait,...
COMMENTARY / World
Sep 11, 2004

Slow progress for Pyongyang

BRUSSELS -- In July 2002, North Korea instituted wage and price reforms that officially introduced the market into the economy. Such change had been on the horizon since the famine of the late 1990s, driven by a certain inevitability as the distribution system started to creak and stutter. Informal --...
BASEBALL / MLB
Sep 9, 2004

Owners OK merger; baseball strike looms

The owners of Japan's 12 professional teams on Wednesday voted to approve the merger between the Orix BlueWave and the Osaka Kintetsu Buffaloes, setting the stage for the first players' strike in the history of Japanese baseball.
COMMENTARY / World
Sep 9, 2004

Why Japan prefers Bush

With the U.S. presidential election less than two months away, interest is building globally in the likely outcome and its impact on America's role in the world.
BUSINESS
Aug 11, 2004

BOJ monetary stance stands amid soft consumer prices

The Bank of Japan's policy-setting panel said Tuesday it won't change its ultraeasy monetary stance, as the country's deflationary trend for consumer prices has not turned around despite the ongoing economic recovery.
JAPAN
Aug 10, 2004

'Cats' due for a return to Tokyo

Andrew Lloyd Webber's musical "Cats," which became a sensation across Japan when performed by the Shiki (Four Seasons) Theater Company, will be restaged in Tokyo in November for the first time in eight years and the fourth time in the capital since its first Japanese performance in 1983.
Japan Times
JAPAN
Jul 12, 2004

DPJ cleans up as LDP falls shy

The Democratic Party of Japan scored big gains in the House of Councilors election Sunday and was poised to outperform Prime Minister Junichiro Koizumi's Liberal Democratic Party in the number of seats won.
BUSINESS
Jul 10, 2004

Skymark to use Zero's cash reserves

Skymark Airlines Co. said Friday it will merge with Internet service company Zero Inc. on Nov. 1 to boost the discount carrier's financial base.
BUSINESS
Jun 25, 2004

MMC secures 165 billion yen corporate aid

Mitsubishi Motors Corp. said Thursday it has received 165 billion yen in financial aid from 12 companies.
BUSINESS
Jun 22, 2004

KDDI to offload PHS business

KDDI Corp., the nation's No. 2 mobile carrier, officially announced Monday that it has agreed to sell its PHS business to the Carlyle Group, a U.S. private equity fund, for 220 billion yen.
BUSINESS
Jun 12, 2004

Government still upbeat about economy: Takenaka

Economic and fiscal policy minister Heizo Takenaka indicated Friday that the government will maintain its upbeat assessment of the economy in its monthly report for June, due out next week.
BASKETBALL / NBA / NBA REPORT
May 27, 2004

How many teams will be willing to take a chance on Kobe?

NEW YORK -- Will Kobe Bryant's August trial impact his impending free agency?
COMMENTARY / World
May 26, 2004

Labor is game but Howard forges on

SYDNEY -- It is fitting that an Australia-U.S. free-trade agreement should be signed the day Prime Minister John Howard celebrated 30 years in Federal Parliament. Both events mark historic steps in Australian politics and in a firm alliance with the United States.
JAPAN
May 12, 2004

Toyota first firm to exceed 1 trillion yen

Toyota Motor Corp. said Tuesday it posted a record net profit of 1.16 trillion yen for the year to March, becoming the first Japanese company to exceed the 1 trillion yen mark.
JAPAN
May 3, 2004

Distrust in pension framework growing

The recent revelations that seven Cabinet ministers, as well as the current and former leaders of the largest opposition party, have been delinquent in paying their mandatory pension premiums have further fueled public distrust of the basic public pension framework.
JAPAN
May 3, 2004

Distrust in pension framework growing

The recent revelations that seven Cabinet ministers, as well as the current and former leaders of the largest opposition party, have been delinquent in paying their mandatory pension premiums have further fueled public distrust of the basic public pension framework.
JAPAN
Apr 29, 2004

Cop off hook in suspect's death

The Tokyo High Court on Wednesday overturned a lower court ruling that a 55-year-old suspect was shot dead by a policeman during an interrogation in 1997 and instead decided the victim committed suicide, rejecting a redress demand by the man's daughter.
BUSINESS
Apr 29, 2004

BOJ says Japan will 'continue its recovery'

The Bank of Japan said Wednesday in a semiannual economic outlook report that the nation's economy will "continue its recovery" in fiscal 2004.
Japan Times
BUSINESS
Apr 27, 2004

Panel proposes Japan Post be privatized by 2012

A key policy-setting panel on Monday finalized an interim report proposing that Japan Post be fully privatized in 2012 at the earliest and maintain its nationwide network of post offices.
JAPAN / POLITICS IN FOCUS
Apr 27, 2004

Firms now balking at political donations

Kenji Watanabe spent the last year preaching and begging business leaders around Fukui Prefecture to donate to the Liberal Democratic Party. He was always received politely, but company presidents kept their wallets closed.
BUSINESS
Apr 21, 2004

Foreign-exchange policies unlikely to be focus of G7 finance meeting

An upcoming financial meeting of the Group of Seven major economies in Washington will probably not focus on foreign-exchange policy amid the current stability in major currencies, Finance Minister Sadakazu Tanigaki said Tuesday.
BUSINESS
Apr 20, 2004

Postal privatization team named

The government unveiled a lineup Monday of key members of a preparatory office in charge of privatizing Japan's postal services, naming Financial Services Agency Commissioner Shokichi Takagi as one of two deputy heads.
COMMENTARY
Apr 19, 2004

Push Japan's good intentions

The lesson from the abduction and subsequent release of five Japanese civilians in Iraq is that the government should send a strong message to the Arab world that it is actively pushing humanitarian assistance and reconstruction in the war-torn country.
BUSINESS
Mar 27, 2004

Listed firms try to keep faith of investors by bearing gifts

The rationale is simple: If you want investors to hold on to your company's shares, send them gifts.
Japan Times
BUSINESS
Mar 24, 2004

MTFG set to take Acom under wing

Mitsubishi Tokyo Financial Group Inc. announced Tuesday it will raise its equity stake in Acom Co. to more than 15 percent, a deal that effectively puts the consumer financing firm under the banking group's umbrella.
Japan Times
JAPAN
Mar 17, 2004

Emergency steps target bird flu

The government unveiled a package of emergency measures Tuesday aimed at containing the spread of bird flu, including plans to crack down on farmers who fail to disclose evidence their birds are infected.
BUSINESS
Mar 9, 2004

TSE lauded for bypassing bureaucrats

Prime Minister Junichiro Koizumi on Monday praised a planned move by Tokyo Stock Exchange Inc. to appoint people from the private sector -- and not former bureaucrats -- to top management, saying they are more likely to "energize" Japan's largest bourse.

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic