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BUSINESS
Nov 22, 2005

Murakami Fund makes bid for New Japan Radio

The Murakami Fund announced Monday it has launched a tender offer for New Japan Radio Co., challenging an ongoing friendly bid for the manufacturer of semiconductor-related products by cotton spinner Nisshinbo Industries Inc.
BUSINESS
Nov 18, 2005

Fuji TV to split NBS into asset manager, radio broadcaster

Fuji Television Network Inc. said Thursday it will split its wholly owned subsidiary Nippon Broadcasting System Inc. into an asset management company, which it will absorb, and a radio broadcasting firm.
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.
BUSINESS
Nov 9, 2005

Softbank, eAccess, IP to get cell nod

The government is set to allow Softbank Corp., eAccess Ltd. and IP Mobile Inc. to launch cell phone businesses possibly next year, becoming the first new entrants into the business in 12 years, sources said Tuesday.
BUSINESS
Nov 9, 2005

Tsutaya operator triples net profit to 3.28 billion yen

Culture Convenience Club Co. said its first-half net profit more than tripled to 3.28 billion, yen thanks to strong revenue growth from rental DVD movies.
Japan Times
BUSINESS
Nov 8, 2005

Canon president to take up top Keidanren post

The Japan Business Federation (Nippon Keidanren) on Monday appointed Canon Inc. President Fujio Mitarai to head the country's most powerful business lobby, taking over from Toyota Chairman Hiroshi Okuda in May.
BASEBALL / Japanese Baseball
Nov 5, 2005

Kanemoto, Sugiuchi garner top honors in Central, Pacific

Hanshin Tigers outfielder Tomoaki Kanemoto and Softbank Hawks lefty Toshiya Sugiuchi were named the Most Valuable Players in their respective leagues for the 2005 season on Friday.
BUSINESS
Nov 5, 2005

Final TBS answer to come this month

Senior officials of Tokyo Broadcasting System Inc. told Rakuten Inc. on Friday they will present the TV broadcaster's final answer to the online shopping mall operator's merger proposal by the end of the month.
BUSINESS
Nov 3, 2005

TBS steadfast in seeking out 'stable' shareholders

A top official of Tokyo Broadcasting System Inc. said Wednesday it will continue to try to secure "stable" shareholders to ward off a potential hostile takeover by Internet shopping mall operator Rakuten Inc.
BUSINESS / JAPANESE PERSPECTIVES
Oct 31, 2005

Why should Japan's Pharaohs fear the locusts of change?

"God said to Moses, 'Extend your hand over Egypt to bring the locusts, and they will emerge on Egypt. They will eat all the foliage in the land . . . " (Exodus 10:12)
BUSINESS
Oct 29, 2005

Foreigners free to invest in broadcasters -- up to a point

Telecommunications minister Taro Aso on Friday welcomed moves by foreign funds to hold equity stakes in Japanese broadcasters -- as long as these stakes are under the legal limit of 20 percent.
JAPAN
Oct 27, 2005

Rakuten increases TBS stake to more than 19%

Rakuten Inc. said Wednesday it has raised its stake in Tokyo Broadcasting System Inc. to 19.09 percent, only a tad short of the TV network's 20 percent threshold for triggering a process that could lead to the activation of takeover defense measures.
BUSINESS
Oct 27, 2005

New law bars foreign control of broadcasters

The Diet on Wednesday approved legislation to prevent foreign companies from gaining control of domestic broadcasters by using affiliates in Japan, paving the way for its implementation next spring.
BUSINESS
Oct 26, 2005

TBS queries Rakuten again

Tokyo Broadcasting System Inc. submitted a list of 40 questions to Internet shopping mall operator Rakuten Inc. on Tuesday over its proposal that they be integrated, TBS officials said.
BUSINESS
Oct 22, 2005

Japan eyes 27.2% duties on Hynix DRAMS

The government said Friday it has notified South Korea that it may levy a 27.2 percent import duty on computer chips made by Hynix Semiconductor Inc.
BUSINESS
Oct 20, 2005

Livedoor sells a hangover tonic named for Horie

Livedoor Co. has begun selling a tonic drink named after its president, Takafumi Horie, via its online shopping site and at AM/PM Japan Co. convenience stores in the Tokyo metropolitan area.
Japan Times
BUSINESS
Oct 20, 2005

FSA to tighten equity acquisition rules

Financial regulators are expected to complete an outline by year's end amending equity acquisition rules to remove several loopholes in the securities trading system, according to sources.
Japan Times
JAPAN
Oct 18, 2005

Studios launching old-style hunts for star actresses

Backed by a resurgent film industry, major studios are holding auditions to find their next leading ladies.
BUSINESS
Oct 18, 2005

Murakami, Tokyo Style reach settlement

Outspoken financier Yoshiaki Murakami said Monday his fund has reached a court-mediated settlement with Tokyo Style Co. after the apparel firm's president, Yoshio Takano, agreed to pay 100 million yen in compensation to his own firm for inflicting damages as a result of investments that turned sour....
BUSINESS
Oct 18, 2005

TBS sets up in-house team to study Rakuten bid

Tokyo Broadcasting System Inc. said Monday it has set up an in-house panel to study a proposal from Rakuten Inc. to integrate their operations under a joint holding company.
Japan Times
JAPAN
Oct 16, 2005

Canon president tabbed as next Keidanren chief

Canon Inc. President Fujio Mitarai is likely to be the next chairman of the Japan Business Federation (Nippon Keidanren), the nation's most powerful business lobby, sources said Saturday.
CULTURE / Books / THE ASIAN BOOKSHELF
Oct 16, 2005

Unconventional and unorthodox, but still fun to read

LAST SEEN IN SHANGHAI, by Howard Turk. Hong Kong: Asia 2000 Ltd., 1998, 286 pp., $18 (paper). INSPECTOR MORIMOTO AND THE SUSHI CHEF, by Timothy Hemion. Lincoln, Nebraska: iUniverse, Inc., 2005, 222 pp., $25.95 (cloth). THE TIGER'S GOLD by Donald G. Moore. Lincoln, Nebraska: iUniverse, Inc., 2005, 214...
BASEBALL / Japanese Baseball
Oct 15, 2005

Commissioner to look at ownership

Japanese baseball commissioner Yasuchika Negoro said Friday he sees a need to create rules regarding the ownership of the parent companies that control professional baseball clubs in Japan. "I think it's necessary to establish something similar to the baseball bylaws on this matter," Negoro said of the...
JAPAN
Oct 14, 2005

Rakuten, Murakami grab stakes in TBS

Top e-commerce firm Rakuten Inc. has acquired a 15.46 percent equity stake in Tokyo Broadcasting System Inc. and proposed integrating management of the two firms under a holding company, Rakuten's president said Thursday.
BUSINESS
Oct 5, 2005

Tech show morphs into DVD war zone

CHIBA -- An annual technology exhibition that kicked off here Tuesday shows signs of becoming a battleground of sorts for the two next-generation DVD formats threatening to leave consumers with incompatible machines.
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.
BUSINESS
Sep 29, 2005

MTFG, Merrill Lynch in joint venture

Competition in the private banking business got tougher Wednesday after Mitsubishi Tokyo Financial Group Inc. and Merrill Lynch & Co. announced they will set up a joint-venture brokerage targeting wealthy customers.
BUSINESS
Sep 29, 2005

Resona may sell JCB stake, possibly to DoCoMo

Resona Holdings Inc. may sell the majority of its banking group's stake in Japan's leading credit card company, with mobile phone giant NTT DoCoMo Inc. among the prospective buyers, sources said Wednesday.
Japan Times
BUSINESS
Sep 22, 2005

'Manga' publishers see cell phones as the future

Cartoon-strip publishers, whose printed-matter sales have been losing steam, are actively embracing mobile media because cell phones are what young people are spending their time and money on.

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