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BUSINESS
Jan 12, 2002

Ailing Daiei looks to unload baseball team, dome

Troubled Daiei Inc. is planning to sell a majority of its shares in the Fukuoka Daiei Hawks baseball team and its ballpark, the Fukuoka Dome, as part of efforts to reduce its massive interest-bearing debts, according to company sources.
BUSINESS
Jan 11, 2002

Foreign investors do U-turn

Foreign investors remained net buyers of Japanese stocks in 2001, but their buying excess visibly tapered off in the second half of the year.
BUSINESS
Jan 10, 2002

Key economic gauge remains below boom-or-bust line

The key gauge of the state of the economy remained below the boom-or-bust line of 50 percent in November for the 11th straight month due to persistently weak production and severe unemployment, the government said Wednesday in a preliminary report.
BUSINESS
Jan 9, 2002

Uniqlo earnings outlook is revised downward

The operator of the Uniqlo casual clothing store chain said Tuesday it has revised downward its earnings forecast for the current business year due to significant declines in sales.
BUSINESS
Jan 5, 2002

Mazda lets buyers fine-tune Roadster

If you are a fan of Mazda Motor Corp.'s Roadster, shopping for your next new car might be a little different than what you expect.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Dec 29, 2001

Tetsuya Kobayashi

Early in his career at the Imperial Hotel, Tokyo, when he was still on the bottom rung of the ladder, Tetsuya Kobayashi was sent to the Kamikochi Imperial Hotel. Part of his duties there were the cleaning-up operations. "I shall never forget my first experience," he said. "While I was working, I was...
Japan Times
JAPAN / INTERNATIONAL RATIONALE
Dec 19, 2001

Foreign retailers relying on adaptability to survive

When French retailer Carrefour and U.S.-based Costco Wholesale Corp. opened their outlets in Makuhari, Chiba Prefecture, a year ago, many saw the foreign stores as a threat to domestic supermarkets.
Japan Times
JAPAN / LAST CALL FOR SAKE
Dec 12, 2001

Sake purists are feeling the pinch as recession reins in the big spenders

NIIGATA -- Motoaki Isono, the 73-year-old owner of a tavern called Suzuden in Tokyo's Minato Ward, said the name Niigata no longer works magic in alluring serious sake drinkers.
BUSINESS
Dec 11, 2001

Swiss drug giant Roche to get control of Chugai

Chugai Pharmaceutical Co. and F. Hoffmann-La Roche Ltd. announced Monday that they will enter a strategic tieup that will place the Japanese drug maker under the umbrella of its Swiss partner but retain the Chugai name.
BUSINESS / TAKING STOCK
Dec 11, 2001

Nikkei set to test 11,500

Share prices on the Tokyo Stock Exchange have begun rebounding since the key Nikkei average confirmed its second bottom at 10,030 on Nov. 12 following its fall to 9,504 on Sept. 17.
BUSINESS
Dec 7, 2001

Economy still lagging under 50%

The government said Thursday its key gauge of the economy remained below the boom-or-bust line of 50 percent in October, marking its 10th consecutive month under this line.
JAPAN
Nov 30, 2001

'Yakiniku' promotion aims to lure back diners

An online promotion to boost falling sales of "yakiniku," or barbecued meat, will be launched Saturday amid consumer concerns over mad cow disease, organizers said.
BUSINESS
Nov 29, 2001

Electronics firms reach agreement to join forces

OSAKA -- Four consumer electronics retailers, including Joshin Denki Co., said Wednesday they have reached a basic agreement to tie up.
BUSINESS
Nov 27, 2001

Hazama loses 1.83 billion yen in first half

Civil engineering firm Hazama Corp. on Monday reported group net losses of 1.83 billion yen for the first half to Sept. 30.
BUSINESS
Nov 27, 2001

Hazama loses 1.83 billion yen in first half

Civil engineering firm Hazama Corp. on Monday reported group net losses of 1.83 billion yen for the first half to Sept. 30.
JAPAN
Nov 22, 2001

Beef-shy consumers grow more anxious

The confirmation Wednesday of a second case of mad cow disease has made consumers -- already suspicious of the government's declaration that domestic beef that goes to market is completely safe -- even more anxious.
BUSINESS
Nov 22, 2001

Sumitomo Metal drops into the red

Sumitomo Metal Industries Ltd. said Wednesday it incurred group net losses of 18.21 billion yen in the fiscal half ended Sept. 30, reversing the previous year's profit of 3.67 billion yen.
BUSINESS
Nov 20, 2001

BOJ glum as economy continues to deteriorate

The Bank of Japan downgraded its view of the economy for the sixth consecutive month Monday, reinforcing fears that the slump will further delay needed structural reforms.
JAPAN
Nov 16, 2001

CD industry aims at aging music buffs

The Japanese compact disc market is finally showing signs of recovery, but only after manufacturers set their sights on a different demographic -- those aged between 30 and 60.
BUSINESS
Nov 14, 2001

JR West to shed 6,000 employees

West Japan Railway Co. (JR West) unveiled on Tuesday a plan to cut 6,000 employees and transfer another 3,000 parent company workers to group firms.
BUSINESS
Nov 9, 2001

Kyocera another victim of IT downturn

Kyocera Corp. said Thursday its consolidated net profit in the first half of the business year to Sept. 30 fell 64.1 percent from a year earlier to 19.1 billion yen due to sluggish demand for information technology products.
Japan Times
JAPAN
Nov 8, 2001

Consumers given mushrooming choices

Autumn is the season for mushrooms in Japan. Every year at this time, supermarket shelves are stocked with a variety of fresh mushrooms, which are used for such seasonal dishes as "nabe" hot-pot meals. They are also popular skewered on yakitori sticks or served in miso soup.
COMMENTARY / World
Nov 5, 2001

Preventing financial panic

American consumers have tightened their purse strings since the Sept. 11 terrorist attacks. In capitalist economies, the downtrend in consumption is disturbing for the future of the world economy.
SOCCER / World cup
Nov 3, 2001

Second chance to buy World Cup tickets

A unique pre-registering system has been introduced to purchase World Cup tickets when the second round of ticket sales starts on Nov. 19, the Japanese World Cup Organizing Committee announced Friday.
BUSINESS
Oct 30, 2001

Hikari Tsushin falls 56 billion yen into red

Cellular phone subscription agent Hikari Tsushin Inc. said Monday its group fell into the red during the business year that ended Aug. 31, posting net losses of 56.35 billion yen.
BUSINESS
Oct 27, 2001

DaimlerChrysler to take advantage of present Asian alliances

MAKUHARI, Chiba Pref. -- After establishing a strong foothold in the European and North American markets, DaimlerChrysler AG is ready to increase its presence in Asia by taking advantage of its alliance with Japanese and South Korean partners, according to executives of the German-American auto giant....
JAPAN
Oct 26, 2001

Products using beef extract not exempt in mad cow scare

OSAKA -- Despite the government's repeated assurances, it is not clear how soon domestic beef consumption will recover to levels before the nation was hit by the mad cow scare in September. But consumer advocates have warned that the threat of the disease does not come from beef alone.

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