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JAPAN
Dec 3, 2005

Panel to ponder overseer to handle foreign aid loans

The government on Friday appointed former Prosecutor General Akio Harada as head of an advisory panel tasked with discussing which entity should handle foreign-aid loans, a pending issue in the process of consolidating state-run financial institutions.
JAPAN
Nov 30, 2005

EHomes chief ties Japan ERI to coverup of faked quake data

EHomes Inc. President Togo Fujita on Tuesday told a Diet committee that Japan ERI Co., which certified construction applications with faked quake-resistance data by architect Hidetsugu Aneha, was involved in hiding the falsifications after discovering them about a year ago.
BUSINESS
Nov 29, 2005

METI eyes cutoff of funding for Shoko Chukin Bank

The Ministry of Economy, Trade and Industry, which oversees Shoko Chukin Bank, a public financier specializing in loans to small businesses, plans to phase out government funding of the institution and to privatize it, METI Vice Minister Hideji Sugiyama said Monday.
BUSINESS
Nov 29, 2005

Mitsubishi Fuso to slim operations

Scandal-tainted Mitsubishi Fuso Truck & Bus Corp. said Monday it will streamline its domestic sales network and group firms to slash costs and increase efficiency as it struggles to cope with dwindling domestic sales.
JAPAN
Nov 23, 2005

Condo developer to pay residents' hotel bills

A Tokyo-based condominium developer that sold seven apartment buildings in the Tokyo area with faked quake-resistance data from Aneha Architect Design Office said Tuesday it will pay hotel bills for residents who vacate the structures.
BUSINESS
Nov 23, 2005

SMFG posts record net in first half

The Sumitomo Mitsui Financial Group said Tuesday it posted a 392.3 billion yen net profit in the first half of the 2005 business year -- more than seven times the 53.4 billion yen profit it recorded a year earlier.
BUSINESS
Nov 16, 2005

TSE releases new computer measures

The Tokyo Stock Exchange released Tuesday a set of measures to prevent future computer system breakdowns like the one that shut down the world's second-largest equity market on Nov. 1.
BUSINESS
Nov 11, 2005

Softbank rides broadband to 4.4 billion yen operating profit

Softbank Corp. said Thursday it posted its first first-half operating profit in five years, helped by steady growth in its high-speed Internet service.
Japan Times
JAPAN
Nov 10, 2005

North Americans to get 'manga' in Sunday comics

Charlie Brown, Garfield and other longtime favorite cartoon stars will soon be sharing space in North American newspapers with doe-eyed women in frilly outfits, effeminate long-haired heroes and cute fuzzy animals.
Japan Times
BUSINESS
Nov 1, 2005

BOJ paving way to alter monetary policy

The Bank of Japan on Monday upgraded its core consumer price index forecast for fiscal 2005 and 2006, paving the way for the central bank to end its ultraloose monetary policy aimed for more than four years at reinvigorating the economy.
BUSINESS
Oct 28, 2005

Sony's quarterly net profit slumps amid flat sales, struggling TV unit

Sony Corp. said Thursday that its operating profit rose 52 percent to 65.9 billion yen in the three months through September, boosted by a large windfall generated by a change in its pension scheme.
JAPAN
Oct 19, 2005

Seibu picks Cerberus, Nikko for fresh capital

Seibu Railway Co. said Tuesday it has chosen U.S. investment fund Cerberus Group and Nikko Principal Investments Japan Ltd. as the main providers of fresh capital for the group, which is trying to turn itself around after a series of scandals.
Japan Times
BUSINESS
Oct 18, 2005

MMC seeks salvation in flagship Outlander SUV

Mitsubishi Motors Corp. on Monday launched the new Outlander sport utility vehicle, its first all-new model in nearly 2 1/2 years, which it hopes can revitalize the struggling automaker.
COMMENTARY
Oct 8, 2005

Stellar play fosters globalized mindset

LOS ANGELES -- Some things are just nice to see, and there's not much more to it than that. In America around this time every year, one of the nicest things to see -- especially for the inveterate sports fan -- is the invariably engrossing finale of the long Major League Baseball season.
COMMENTARY / World
Oct 3, 2005

Bush's choice: America or the empire

KUALA LUMPUR -- Deep down, U.S. President George W. Bush should grasp the seriousness of his debacle. If true, then he must also appreciate the time element in averting the worse-case scenario, which he, along with an increasingly alienated number of ideologues are imposing on their country.
BUSINESS
Sep 30, 2005

Goldman to invest 25 billion yen in eAccess' cell phone business

U.S.-based Goldman Sachs Group Inc. will invest some 25 billion yen in eMobile Ltd., the cell phone unit of Japanese broadband services firm eAccess Ltd., the cell phone company said Thursday.
JAPAN
Sep 29, 2005

Woman's kin sue Unification Church alleging it caused family breakdown

Parents of a Unification Church member filed a 17 million yen lawsuit Wednesday against the organization, alleging it caused their family to fracture.
BUSINESS
Sep 16, 2005

An overview of latest insurance sector scandal

Earlier this month, several Japanese nonlife insurance companies owned up to a raft of payment failures relating to automobile and fire insurance claims.
EDITORIALS
Sep 15, 2005

No victory for the Philippines

Impeachment charges against Philippines President Gloria Arroyo have been dismissed. The move is a relief for the embattled president, but it is no real vote of confidence in her or her administration. The move reflects the balance of power in the legislature, not a consideration of the merits of the...
JAPAN
Sep 13, 2005

Doi's loss ends 36-year Diet run

Former Social Democratic Party leader Takako Doi failed to retain her House of Representatives seat for a 13th term in Sunday's election, bringing a 36-year Diet run to an end.
JAPAN
Sep 8, 2005

Urban support seen as key for Horie

ONOMICHI, Hiroshima Pref. -- A small office in front of JR Onomichi Station attracts hundreds of visitors daily as the Sept. 11 House of Representatives election draws near.
BUSINESS
Sep 3, 2005

APEC ministers plan oil coordination

Asia-Pacific finance ministers at their meeting next week will call for increased policy coordination between oil-producing and -consuming states, including the launch of annual dialogue in the International Energy Forum, to curb surging oil prices, according to a draft joint statement.
Japan Times
JAPAN
Aug 22, 2005

LDP rebels launch another new party

Koki Kobayashi and three other rebels from the Liberal Democratic Party formed a new party Sunday, with Yasuo Tanaka, the outspoken governor of Nagano Prefecture, taking the top position.
COMMENTARY / World
Aug 6, 2005

Deciphering China's military intentions

HONOLULU -- Surely the most pressing security question confronting the United States in Asia and the nations of Asia themselves is: "Will China become a serious military threat in the western Pacific?"
BUSINESS
Jul 29, 2005

TVs skew electronics earnings

Sony Corp. and Matsushita Electronic Industrial Co. presented starkly different earnings reports Thursday as sales of flat-screen televisions altered the fortunes of the rival consumer electronics makers.
JAPAN
Jun 9, 2005

Monju's fast-breeder technology remains far from practical

A Supreme Court ruling late last month in favor of the Monju prototype fast-breeder reactor may have been welcome news to its builder, the Japan Nuclear Cycle Development Institute, but putting the technology into practical use is still a long way away.

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?