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BUSINESS
Apr 4, 2003

Mark-to-market suspension sought

The mark-to-market accounting method for corporate securities holdings should be suspended amid the plunging stock market, the head of the Japan Chamber of Commerce and Industry said Thursday.
JAPAN
Mar 28, 2003

Hashimoto angry over remarks on postwar Iraq

Former Prime Minister Ryutaro Hashimoto, head of the largest internal faction of the ruling Liberal Democratic Party, indirectly rapped LDP Secretary General Taku Yamasaki on Thursday for discussing Japan's contributions to postwar Iraq, including the dispatch of Self-Defense Forces elements for possible...
BUSINESS / ON MANAGEMENT
Mar 25, 2003

The Rules of Clout: the whens and hows of granting favors safely

The story has passed its first blush now, and has faded in public memory into just another head-shaker about the apparently out-of-control lifestyles of CEOs. But the saga of how a star stock analyst, Jack Grubman, allegedly upgraded a stock as a favor for Sandy Weill of Citigroup, who in turn pressured...
JAPAN
Mar 24, 2003

Forum closes with vows to prioritize water issues

KYOTO -- The 3rd World Water Forum closed Sunday with a declaration promising to make water issues a top priority among governments but failing to narrow the gap on the issue of privatizing water supplies and sanitation services.
JAPAN
Mar 19, 2003

Koizumi puts U.S. alliance ahead of U.N.

By announcing his support for a U.S.-led war on Iraq without a fresh United Nations resolution, Prime Minister Junichiro Koizumi made it clear Tuesday that his government emphasizes Japan's alliance with the United States over U.N.-centered efforts for peace.
BUSINESS / INTERNATIONAL RATIONALE
Mar 15, 2003

Multilateral alliance good for ANA, but JAL isn't convinced

All Nippon Airways Co. President Yoji Ohashi could hardly contain his joy last month when he witnessed the entry of Asiana Airlines Inc., South Korea's No. 2 carrier, into Star Alliance, the world's largest airline coalition.
JAPAN
Mar 12, 2003

NPOs up in arms over plan to curtail their tax exemptions

HIROKO NAKATA Staff writer A government plan to restrict the tax breaks enjoyed by so-called public-interest corporations has sparked a flurry of protests from some nonprofit organizations that fear it would dampen their civic activities.
BUSINESS
Mar 11, 2003

Ando to inject Hazama with 1 billion yen

Midsize general contractor Ando Corp. said Monday it has agreed to forge a capital tieup with Hazama Corp., seeking to inject the troubled builder with 1 billion yen through the purchase of preferred shares.
Japan Times
JAPAN
Mar 7, 2003

Panel brings Sakai's arrest one step closer

In another blow to Prime Minister Junichiro Koizumi and the ruling coalition, the House of Representatives Steering Committee agreed Thursday to have the full chamber vote on a request to arrest LDP lawmaker Takanori Sakai over alleged political fund law violations.
BUSINESS
Feb 27, 2003

Visiting Belgian leader seeks Japan investment

Belgian Prime Minister Guy Verhofstadt called Wednesday for increased Japanese investment in Belgium, saying his country has steadily carried out economic reforms, including corporate tax cuts.
ENVIRONMENT / OUR PLANET EARTH
Feb 27, 2003

Environment Bushwhack

U.S. Civil War General William Sherman is credited with uttering the sage words, "War is hell." War is hell on the environment as well, and U.S. President George W. Bush's "War on Terror" is no exception. Ironically, the environment being degraded is America's own.
BUSINESS
Feb 26, 2003

Cabinet chimes in on antideflation expectations

Cabinet ministers voiced expectations Tuesday that the government and the Bank of Japan will cooperate more closely to combat deflation following Monday's nomination of Toshihiko Fukui as the new BOJ chief.
COMMENTARY
Feb 24, 2003

Reform of the fourth estate

I was stunned by recent media reports that Takuhiko Tsuruta, president of the Nihon Keizai Shimbun newspaper, had become a whistle-blowing target. At a company shareholders meeting, a proposal demanding Tsuruta's dismissal from the board was presented by an editor and shareholder of the newspaper. Tsuruta...
COMMENTARY / WASHINGTON UPDATE
Feb 22, 2003

Antiwar fever rises as the economy sinks

WASHINGTON -- Two big questions have dominated Washington this week. When will this horrible, cold winter end? And when will the war in Iraq begin? While they are different subjects with different consequences, they are getting about equal time in the capital's conversation content.
COMMENTARY / World
Feb 16, 2003

Democracy in Myanmar going nowhere

Myanmar has no formal greeting words. A surprise? But we have variations that are more practical to our lives, depending on the time and circumstances. If you meet someone along the way, the most common words are: Where do you come from? Where are you going? Or, how are your father's, mother's or your...
BUSINESS
Feb 14, 2003

Sega and Sammy Corp. announce October tieup

Sega Corp. and pachinko machine maker Sammy Corp. announced Thursday that they will merge on Oct. 1, a move seen aimed at resolving Sega's financial troubles.
BUSINESS
Feb 8, 2003

Place your money where your mouth is: Takenaka

Financial Services Minister Heizo Takenaka called on other Cabinet ministers Friday to buy investment trust products linked to stock market indexes to encourage people to shift their money from savings to investments.
BUSINESS
Jan 28, 2003

Okuda pushes yield cuts by insurers

Hiroshi Okuda, chairman of the Japan Business Federation (Nippon Keidanren), said Monday he may tolerate a cut in the guaranteed yields offered by life insurers to their policyholders.
Japan Times
JAPAN
Jan 23, 2003

Landmark ruling in day-care case

The former president of a nationwide chain of day-care centers was sentenced Wednesday to a suspended one-year prison term for professional negligence resulting in the death of a 4-month-old boy.
BUSINESS
Jan 16, 2003

Tokyo, Shenzhen bourses sign accord

The Tokyo Stock Exchange and China's Shenzhen Stock Exchange signed an agreement Wednesday on cooperation in developing financial markets in Japan and China, the TSE said.
BUSINESS
Jan 12, 2003

Daiei to scrap tie-up with electronics discounter

Daiei Inc. said Saturday it will scrap a sales tieup with Yamada Denki Co., a move that will force the troubled retail giant to review its strategy for increasing slumping sales of household appliances.
JAPAN
Jan 4, 2003

Business chiefs gloomy on future

More than 90 out of 100 business leaders polled by Kyodo News in December are gloomy about the nation's future, saying the economy has either stalled or is deteriorating.
EDITORIALS
Dec 10, 2002

The larger, the better?

Japan has about 3,200 cities, towns and villages. The government and the Liberal Democratic Party, among others, think that is too many. They believe that small districts should be consolidated to improve administrative efficiency so that they can better meet the diverse needs of residents.
EDITORIALS
Nov 30, 2002

A new law to help the abductees

The government is set to provide financial and other support for Japanese nationals abducted to North Korea and their family members who return to Japan. On Thursday the Lower House unanimously passed a special bill for this purpose, which is due to clear the Upper House next week and take effect Jan....
BUSINESS
Nov 30, 2002

State's debt-collection agencies to confer

The head of Resolution and Collection Corp. voiced willingness Friday to boost ties with the planned state-backed industrial revival body that will be tasked with buying bank loans extended to troubled firms in an effort to help rehabilitate the companies in question.
Japan Times
BUSINESS
Nov 27, 2002

Game software firms Enix, Square to merge on April 1

Game software makers Enix Corp. and Square Co. said Tuesday they have agreed to merge on April 1 to bolster their earnings base and development capacity.
BUSINESS
Nov 26, 2002

FSA to allow life insurers to cut yields

To ward off bankruptcy amid the deteriorating investment climate, the Financial Services Agency will allow life insurance companies to reduce the investment returns they have promised to policyholders, sources said Monday.
BUSINESS
Nov 15, 2002

Ailing trader Tomen asks Toyota group for assistance

Struggling trading house Tomen Corp. said Thursday its earnings for the first half to Sept. 30 plunged with sluggish revenues, and its president said the company is reaching out to the Toyota Motor Corp. group for assistance.
BUSINESS
Nov 13, 2002

Economic ministers put extra budget on agenda

Key economic ministers put the compilation of an extra budget for fiscal 2002 on the political agenda Tuesday but maintained an official decision has yet to be made.

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?