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BUSINESS
Nov 29, 2002

Yanase to hand import rights on two cars over to GM unit

Yanase & Co., a car dealer specializing in foreign vehicles, said Thursday it will transfer the import rights relating to two foreign car makes to the Japanese unit of U.S. auto giant General Motors Corp.
BUSINESS
Nov 29, 2002

Konami turns in strong performance

Major game maker Konami Corp. said Thursday it posted strong earnings for the fiscal first half and more than doubled its midterm dividend.
BUSINESS
Nov 29, 2002

Cigarette tax examined as reform item

A tax hike on cigarettes is being considered as part of tax reforms for fiscal 2003, Chief Cabinet Secretary Yasuo Fukuda said Thursday.
BUSINESS
Nov 26, 2002

Kumagai Gumi, Hazama report plunges in profits

Midsize general contractors Kumagai Gumi Corp. and Hazama Corp. on Monday reported sharp declines in sales and profits for the first half to Sept. 30, blaming a shrinking construction market and mounting debts.
BUSINESS
Nov 23, 2002

Snow sees 45 billion yen loss in first half

Snow Brand Milk Products Co. said Friday it posted a group net loss of 45.36 billion yen for the first half of this business year, due largely to hefty restructuring charges aimed at reviving the ailing dairy giant.
JAPAN
Nov 22, 2002

Beaujolais Nouveau imports likely to establish new record

Imports of Beaujolais Nouveau are climbing toward a record high this year thanks to aggressive marketing campaigns by importers.
BUSINESS
Nov 22, 2002

Matsumotokiyoshi profit up 22%

Matsumotokiyoshi Co., the nation's largest drug store chain, said Thursday its group pretax profit for the first half to Sept. 30 rose 21.9 percent from a year earlier to 6.8 billion yen.
BUSINESS
Nov 21, 2002

Nissan Diesel tumbles into the red

Major truck maker Nissan Diesel Motor Co. said Wednesday that its group net balance fell into the red in the first six months of fiscal 2002 because it had to set aside large provisions for sales credits that may become uncollectible due to the anemic economy.
BUSINESS
Nov 21, 2002

Starbucks sees interim profit fall 55% in fiscal first half

Starbucks Coffee Japan Ltd. said Wednesday its net profit for the first half dropped 54.9 percent year-on-year to 220 million yen, battered by the declining popularity of its coffee shops.
BUSINESS
Nov 21, 2002

Citizen Watch has healthy first half

Citizen Watch Co. said Wednesday its group net profit for the first half to Sept. 30 surged 229.9 percent from a year earlier to 2.87 billion yen despite a 7.4 percent decline in sales to 154.79 billion yen.
BUSINESS
Nov 13, 2002

Cost-cutting efforts drive Marubeni out of the red

Major trading house Marubeni Corp. said Tuesday it returned to the black on a consolidated basis for the six months through September, posting a group net profit of 17.8 billion yen thanks to a reduction in sales and administrative expenses and the removal of loss-making subsidiaries from its books....
BUSINESS
Nov 12, 2002

Nikon logs big group net loss in first half

Major optical equipment maker Nikon Corp. announced Monday it posted a group net loss of 3.48 billion yen for the first half of the business year due to the slump in the semiconductor market and restructuring costs.
Japan Times
BUSINESS
Nov 12, 2002

Mitsubishi reveals to media multiplatform Colt compact

Mitsubishi Motors Corp. unveiled Monday the new Colt compact as its first model using a platform jointly developed with German-American auto giant DaimlerChrysler AG.
BUSINESS
Nov 8, 2002

Teijin posts net loss of 1.08 billion yen

Teijin Ltd. on Thursday reported a group net loss of 1.08 billion yen for the fiscal first half ended Sept. 30, citing poor clothing and textile sales and restructuring costs.
Japan Times
BUSINESS / Companies
Oct 18, 2002

Soap maker gets healthy dose of mayo market

Some consumers unwittingly used mayonnaise to style their hair when, in the 1920s, this exotic condiment was first introduced in Japan.
BUSINESS
Sep 25, 2002

Nissan Diesel reveals restructuring program

Nissan Diesel Motor Co. announced a new three-year restructuring program Tuesday that will help it reduce its interest-bearing debt to 250 billion yen by the end of March 2006 from about 420 billion yen at the end of last March.
BUSINESS
Sep 14, 2002

Mazda to sell unit rights to Sandvik

Mazda Motor Corp. said Friday it will sell the operating rights of its wholly owned subsidiary Mazda Earth Technologies Co. to Sandvik Tamrock Japan Co., an affiliate of Sweden's Sandvik Group, on Nov. 1.
BUSINESS
Sep 10, 2002

Taisho and Toyama conclude tieup accord

Taisho Pharmaceutical Co. and Toyama Chemical Co. said Monday they have concluded a tieup agreement that features the establishment of a joint sales company and the acquisition by Taisho of a major equity stake in Toyama.
BUSINESS
Aug 31, 2002

64 billion yen bailout saves Arai-Gumi

OSAKA -- Struggling general contractor Arai-Gumi Ltd. said Friday it has agreed with Konoike Construction Co. to form a capital and operational alliance, a move orchestrated by their main lender, Sumitomo Mitsui Banking Corp., to assist Arai-Gumi.
Japan Times
CULTURE / TV & Streaming / CHANNEL SURF
Aug 25, 2002

The man who holds the purse strings

For better or worse, the Ryukyu Islands, whose most prominent member is Okinawa, have produced more major J-pop acts since 1995 than any other part of Japan save Tokyo.
BUSINESS
Aug 21, 2002

Toyota releases new Voltz sport utility

Toyota Motor Corp. on Tuesday released a new 1.8-liter sport utility vehicle, the first auto jointly planned and designed with General Motors Corp.
Japan Times
COMMUNITY
Aug 18, 2002

Shopping for negative ions

Why, how, and even whether negative ions are beneficial to health may be the subject of highly charged scientific debate, but that's done nothing to dampen a craze for products boasting this invisible asset that's gripping the Japanese market.
BUSINESS
Aug 14, 2002

Food makers find an escape route

Not long ago, instant ramen from a prestigious noodle shop would have been an odd combination.
BUSINESS
Aug 13, 2002

30 million dine at McDonald's in single week

Ltd. said Monday that the fast-food hamburger chain's latest price cut, implemented last Monday, has already propelled it to a new one-week record of 30.1 million customers. Theoretically, that means one out of four people in Japan visited a McDonald's between Aug. 5 and Sunday, the holding company said....
BUSINESS
Aug 10, 2002

Japan Telecom to sell off part of engineering unit

Japan Telecom Holdings Co. said Friday it has agreed to sell off part of an engineering subsidiary to Australian-based construction and real estate company Bovis Lend Lease Corp. in an effort to concentrate on its core telecommunications business.
BUSINESS
Aug 10, 2002

Sapporo Breweries sees red

Sapporo Breweries Ltd. said Friday its group operating balance sank into the red in the January-June first half due to lower sales, higher expenses and tougher competition. The brewery's consolidated operating loss for the period came to 1.27 billion yen, a turnaround from a profit of 2.69 billion yen...
Japan Times
COMMUNITY
Aug 10, 2002

For country, for Coca-Cola, for cool companies

Jud Taylor is not only George Taylor, but George P. Taylor IX. His father was a psychologist, his grandfather a doctor and (according to family lore) the generations stretch back to a blacksmith who signed the American Declaration of Independence, for Pennsylvania, in 1776.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Man admitted to 2025 Osaka Expo with 85-year-old ticket
The Osaka Expo, which opened last month, runs through mid-October.
In his first appearance, Pope Leo offers three big clues about his papacy
Newly elected Pope Leo XIV, formerly Cardinal Robert Prevost of the United States, appears on the balcony of St. Peter's Basilica at the Vatican on Thursday.
Pakistan hails role of Chinese jets in repelling India strikes
A J-10C fighter jet
Suspect in Tokyo Metro stabbing chose station to highlight ‘educational abuse’
Yoshitaka Toda is escorted out of a police station in Tokyo's Bunkyo Ward on Friday to be sent to prosecutors.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
Kazuki Nagasawa's sustainable designs are rooted in tradition
For centuries, artisans have unraveled strands of the fibrous bark of "shuro" trees to create a medley of everyday objects. Designer Kazuki Nagasawa is now transforming the traditional material into ethereal contemporary pieces.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ships Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.

Podcast

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

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

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