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COMMENTARY
Apr 28, 2005

New biotech miracles won't come cheap

WASHINGTON -- The California biotechnology industry recently gathered for its annual CALBIO conference. Participants were excited at the prospect of developing new medical miracles. But the potential of government interference hung over the proceedings like dark clouds on the horizon.
BUSINESS
Apr 28, 2005

Nippon Steel profit jumped five-fold in '04

Nippon Steel Corp. said Wednesday its group net profit totaled 220.60 billion yen for fiscal 2004, a 5.3-fold jump from the year before, thanks to brisk steel sales amid strong demand at home and abroad.
BUSINESS
Apr 20, 2005

Market responds to 'clueless' Japanese companies

Tokyo stock prices have tumbled amid fears about the economic fallout from China's intensifying diplomatic and street protests targeting Japan as bilateral relations sour to their worst state in decades.
BUSINESS
Apr 16, 2005

Daiei records another heavy loss

Struggling retailer Daiei Inc. reported Friday a consolidated net loss of 511.2 billion yen for the year through February, with the firm having booked hefty restructuring costs.
BUSINESS
Apr 14, 2005

Lawson, FamilyMart post robust growth in earnings

Lawson Inc. said Wednesday its net profit for the year that ended in February rose 10 percent to a record 20.44 billion yen, buoyed by strong sales and aggressive store-openings.
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
Apr 5, 2005

Made in Japan

The Nintendo
BUSINESS
Mar 30, 2005

Household spending fell 3.8% in February

Spending by wage-earning households fell a real 3.8 percent in February from a year earlier to 301,372 yen, the government said Tuesday.
BUSINESS
Mar 9, 2005

Brother to launch unit in China

Sewing machine maker Brother Industries Ltd. said Tuesday it will launch a wholly owned wholesale unit in China later this month to enhance sales in the fast-growing market.
BUSINESS
Feb 11, 2005

McDonald's Japan posts first profit in three years

McDonald's Holdings Co. (Japan) said Thursday it returned to profit in 2004 for the first time in three years.
BUSINESS
Feb 1, 2005

Toshiba outlook cut as chips plunge

Toshiba Corp. said Monday it has slashed its projected operating profit for the full year to March by 30 billion yen to 160 billion yen, joining a growing list of technology firms that are revising their outlooks due to a slowdown in the sector.
Japan Times
BUSINESS / INDUSTRY TRENDS
Jan 28, 2005

Epson's bold gamble leaves door ajar for Canon

Pole position in Japan's home printer market changed hands in 2004 for the first time in eight years, with the two principal rivals in the sector pursuing starkly contrasting product strategies.
BUSINESS
Jan 27, 2005

MMC's loss nearly doubles forecast, tops 400 billion yen

Mitsubishi Motors Corp. is expected to mark a record consolidated net loss of more than 400 billion yen for fiscal 2004, which ends in March, after being battered by sluggish sales in North America, according to sources.
BUSINESS
Dec 28, 2004

Big firms' confidence fell in latest quarter

Business confidence among large companies deteriorated in the October-December period, with manufacturers hit by a strong yen and information technology-related firms undertaking inventory adjustments, the government said Monday.
EDITORIALS
Dec 14, 2004

Signs of an economy losing steam

Japan's economy last entered an expansionary phase in February 2002. Thirty-three months later, in October 2004, it was losing steam. It would not be surprising if the recovery ended that month, as upswings in Japan's business cycles since the end of World War II have lasted, on average, about the same...
BUSINESS
Dec 4, 2004

Capital spending surged in third quarter

Capital spending by Japanese companies grew 14.4 percent in the July-September quarter from a year earlier, the Finance Ministry said Friday, fueling hopes that Japan's economic growth data for the third quarter will be revised upward.
BUSINESS
Nov 19, 2004

Mitsubishi, Itochu to be stakeholders in Isuzu

Mitsubishi Corp. and Itochu Corp. will buy stakes in truck maker Isuzu Motors Ltd., the two trading companies said Thursday.
BUSINESS
Nov 10, 2004

Itochu doubles first-half net profit

Itochu Corp. said Tuesday its group net profit in the April-September first half rose 130.3 percent over a year earlier to 44.14 billion yen on 4.60 trillion in sales, down 1.5 percent.
BUSINESS
Oct 29, 2004

Kanebo may hit execs who cooked books

Kanebo Ltd. might file a criminal complaint against its former management for allegedly window-dressing its financial statements for fiscal 2001 and 2002, President Akiyoshi Nakajima said Thursday.
BUSINESS
Oct 27, 2004

Advantest first-half profit up 12-fold

Advantest Corp. said Tuesday its first-half net profit jumped 12-fold to a record 28.57 billion yen, thanks to robust demand for flat-screen TVs and DVD recorders.
Japan Times
Features
Oct 24, 2004

The cat's whiskers of Kawaii

At 10 a.m. last Saturday, the moment the doors of the Mitsukoshi department store in Tokyo's Nihonbashi district were opened, a small scrum of people rushed in, headed straight to the escalators and then up to the fifth floor.
BUSINESS
Oct 22, 2004

Wacoal demands Kokudo annul share contract

Wacoal Corp. has asked Kokudo Corp. to annul a contract under which it bought some of Kokudo's shares in Seibu Railway Co. before the railway company announced that its financial statements were incorrect, Wacoal officials said Thursday.
BUSINESS
Oct 8, 2004

Businesses target baby boomers' pocketbooks

Sogo and Seibu department stores have begun arranging sales floors to appeal to baby boomers in order to meet the needs of the changing marketplace.
BUSINESS
Oct 8, 2004

Ito-Yokado first-half profit jumps 40% on subsidiaries' results

Ito-Yokado Co. said Thursday its first-half net profit jumped 40 percent from a year earlier to 32.41 billion yen, powered by the performance of Seven-Eleven Co. and other subsidiaries.
BUSINESS
Oct 2, 2004

Yoshinoya expands loss estimate

Restaurant chain Yoshinoya D&C Co. said Friday it expects to post a greater-than-expected group net loss of 2.54 billion yen for its current business year ending in February.
Japan Times
BUSINESS
Sep 18, 2004

Uniqlo chain plans to enter U.S. market in 2006

Fast Retailing Co., a casual-clothing store chain known for its Uniqlo brand, will try to enter the U.S. market as early as 2006, company President Genichi Tamatsuka said in a recent interview.
Japan Times
BUSINESS
Sep 11, 2004

Radio-set watches try to keep time with Swiss

Japanese watch makers, long overshadowed by luxury Swiss brands, have found their niche: radio-controlled watches.

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?