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BUSINESS
Apr 1, 2006

Daiichi Sankyo to acquire Zepharma

Daiichi Sankyo Co. will buy Zepharma Inc., Astellas Pharma Inc.'s nonprescription drug unit, for 23.5 billion yen on April 13, Daiichi Sankyo and Astellas said Friday.
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
LIFE / Style & Design / COUNTER CULTURE
Mar 31, 2006

Lauren gets his Tokyo landmark

Omotesando, Tokyo's premier luxury brand boulevard, has recently been furnished with a string of ultramodern shrines to consumable design, crafted in concrete and steel and glass. That makes Ralph Lauren's vast whitewashed neoclassical monolith -- which opened yesterday -- seem even more like something...
JAPAN
Mar 25, 2006

METI backs off banning sale of used electrical goods

Responding to an outcry from dealers in used goods and musicians, the government said Friday it will relax regulations on trade in noncertified used electrical items that were set to take effect April 1.
BUSINESS
Mar 23, 2006

Flat-panel TV boom returns Japan to electronics limelight

Just five years ago, Japanese electronics makers were in a sorry state. Profits were sinking as less expensive Asian rivals grabbed market share and prices for everything from computer chips to DVD players dropped.
BUSINESS
Mar 18, 2006

Insurers asked to clarify policies

The Financial Services Agency called on all 86 insurance firms in the nation Friday to check their sales material on savings-type insurance products after it discovered some firms had not been clearly explaining their policies.
JAPAN
Mar 17, 2006

Horie starting to confess his guilt, prosecutors say

Livedoor Co. founder Takafumi Horie has owned up to part of the accounting fraud charges against him and the Internet and financial services firm for the first time since his January arrest, according to prosecution sources.
JAPAN
Mar 9, 2006

Soccer lottery ticket seller betting it can reverse fortunes

The National Agency for the Advancement of Sports and Health, an independent administrative corporation that sells soccer lottery tickets, has its back against the wall due to sluggish sales and hopes to sow the seeds of recovery in the next fiscal year.
JAPAN
Feb 18, 2006

Huser appeals bankruptcy declaration

Huser Ltd. filed an appeal Friday against a Tokyo District Court decision the previous day to begin bankruptcy procedures for the Tokyo-based condominium developer involved in an earthquake-resistance data fabrication scam.
JAPAN
Feb 17, 2006

Trading houses join effort to boost economies of regional communities

Trading houses are teaming up with local governments to foster homegrown industries that could revitalize small cities and towns.
BUSINESS
Feb 11, 2006

McDonald's net profit slides 98%

McDonald's Holdings Co. (Japan) said Friday its group net profit in 2005 plunged 98.3 percent from the previous year to 60 million yen, despite higher sales, due to an extraordinary loss arising from the cost of correcting insufficient payments to its employees.
BUSINESS
Feb 7, 2006

JAL reports 23 billion yen group net loss

Japan Airlines Corp. reported Monday a group net loss of 23 billion yen for the first three quarters of fiscal 2005, slumping from a net profit of 79.2 billion yen it logged in the same period the previous year.
BUSINESS
Feb 3, 2006

Nissan operating profit sets record

Nissan Motor Co. said Thursday its group operating profit for the first nine months of the year through March 31 rose 3.1 percent from a year before to a record 631.16 billion yen, chiefly due to brisk demand in Japan, North America and Europe.
BUSINESS
Feb 2, 2006

Nissan issues all-new Moco in bid to tap minicar shift

Nissan Motor Co. launched a fully remodeled version of the Moco minivehicle Wednesday that is being supplied by Suzuki Motor Corp. on an original equipment manufacturing basis.
JAPAN
Jan 31, 2006

Horie possibly knew of fraud

risks involved in the deals will be small, contrary to my initial expectations. "I have gotten the impression the deals will, with 99.9 percent certainty, not become public knowledge, as Livedoor has invested in the fund via five or so other funds at home and overseas, as well as through individuals."...
BUSINESS
Jan 28, 2006

No single recipe for facing challenges of globalization

T here are multiple ways for companies to stay competitive in a globalized world, and even firms in what are often perceived as sunset industries have the potential for success, scholars and business executives said at a recent symposium in Tokyo.
JAPAN
Jan 17, 2006

Internet drugstores want bill to limit online trade killed

Dozens of companies that specialize in selling pharmaceuticals over the Internet will ask the health ministry to scrap a bill that would limit such sales, some of the firms said Monday.
BUSINESS
Jan 17, 2006

Kato named to take helm at Kirin

Kirin Brewery Co. said Monday that Kazuyasu Kato, current managing director in charge of sales and marketing, will replace Koichiro Aramaki as president of the country's second-largest beer brewer, pending shareholder approval in March.
Japan Times
Features / WEEK 3
Jan 15, 2006

Go shop where it's Christmas every day of the year

As memories of festive fun fade and the world returns to its regular routine, spare a thought for the man behind the all-year-round Christmas shop in Takanawa, near JR Shinagawa Station in Tokyo.
BUSINESS
Jan 14, 2006

BOJ managers report economic improvement

All nine regions of the country are showing economic improvement due to vigorous personal spending and accelerated corporate output, according to a report by Bank of Japan branch managers who gathered Friday for their quarterly meeting.
JAPAN
Jan 13, 2006

Aneha scam making buyers wary, for now

To buy or not to buy a condominium? That is the question people are asking, fearing the slipshod construction borne out in the widening scandal over the falsification of quake-proofing data might be industrywide.
JAPAN
Jan 12, 2006

Bleak times for bridge builders

This winter is proving to be a bitter one for people across the country battling heavy snows. It is also a dark time for the firms whose decades of rigging bids for bridge construction was exposed.
BUSINESS
Jan 6, 2006

Bic Camera to turn Sofmap into subsidiary for 2 billion yen

Bic Camera Co. will acquire an absolute majority of outstanding voting shares in Sofmap Co., an electric appliance retailer with strength in purchasing and selling used personal computers, for 2 billion yen next month, the two firms said Thursday.
MORE SPORTS
Dec 17, 2005

Blatter backs off previous remarks

FIFA president Sepp Blatter has changed his mind over the participation of a local team at the Club World Championship in a bid to boost ticket sales after this year's fan turnout was badly affected by the absence of a Japanese side.
BUSINESS
Dec 1, 2005

Seibu to shut anemic Shizuoka, Toyama outlets by end of '06

Seibu Department Stores Ltd. plans to close its outlets in the cities of Toyama and Shizuoka by the end of 2006, it was learned Wednesday.
JAPAN
Nov 8, 2005

JAL profit caught in fuel-cost downdraft; wage cuts planned

announces Monday at the Tokyo Stock Exchange that the carrier fell into the red in the first half of this year.

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?