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BUSINESS
Jun 30, 2005

Amex card data abuse 19 million yen

American Express International Inc. said Wednesday it has learned of 77 cases of illicit use of data on Amex credit cards issued in Japan, resulting in a total loss of about 19 million yen, in connection with the massive credit card data theft in the United States.
BUSINESS
Jun 30, 2005

1,600 firms convene shareholder meetings

Some 1,600 listed and unlisted companies held their annual shareholders' meetings Wednesday, marking the peak for the year.
BUSINESS
Jun 17, 2005

Horie tells firms to sharpen their act

Livedoor Co. President Takafumi Horie advised companies Friday to boost their corporate value to prevent hostile takeover attempts.
BUSINESS
Jun 15, 2005

Shareholders' meetings poised for takeover debates

The season for general shareholders' meetings is just around the corner, and a growing number of companies plan to use them to propose measures against hostile takeovers.
EDITORIALS
Jun 12, 2005

Deciding on the best defense

Thanks to the recent high-profile battle between Fuji Television Network Inc. and Internet service provider Livedoor Co. over control of Nippon Broadcasting System Inc., the phrase "poison pill" has become a household word even in Japan.
JAPAN
Jun 12, 2005

Fuji TV to utilize Livedoor LAN under new alliance

Fuji Television Network Inc. has agreed with Livedoor Co. to use the Internet firm's new wireless local area network service as the first deal under their business alliance, sources said Saturday.
BUSINESS
Jun 4, 2005

Softbank, eAccess to try cell phone market

Japan's telecommunication regulators said Friday they will allow two newcomers into the mobile phone market for the first time in 12 years to prompt more competition in a realm dominated by three top providers.
BUSINESS
Jun 2, 2005

Court agrees to injunction against Nireco poison pill

The Tokyo District Court on Wednesday blocked Nireco Corp. from including a poison pill strategy in the company's measures to defend against hostile takeovers.
BUSINESS
Jun 2, 2005

Yahoo Japan joins brokers to offer Web stock trading

Yahoo Japan Corp. has agreed with Nikko Cordial Securities Inc. and E*Trade Securities Co. on a tieup to launch securities brokerage services as early as August, the two brokerages said Wednesday.
BUSINESS
May 27, 2005

NBS launches 40 billion yen share buyback

Nippon Broadcasting System Inc. on Thursday started buying 6.3 million of its own shares at a cost of 6,300 yen per share -- or a total of 40 billion yen -- via a public tender that will end June 15.
BUSINESS
May 25, 2005

Seibu placed in hands of ex-Mizuho exec

Shareholders of Seibu Railway Co. agreed Tuesday to let Takashi Goto, a former executive of Mizuho Corporate Bank, head an empire rendered leaderless by a series of scandals ranging from falsified financial reports and charges of insider trading to the arrest of tycoon Yoshiaki Tsutsumi.
BUSINESS
May 24, 2005

Fuji TV, Livedoor finalize deals

Fuji Television Network Inc. and Livedoor Co. said Monday they had completed two financial deals to officially end their battle for control of Nippon Broadcasting System Inc.
BUSINESS
May 24, 2005

Insurers pay the price for last year's typhoons

Due to record natural disaster-related claims caused by the unprecedented number of typhoons last year, Japan's three largest nonlife insurers on Monday reported sharp drops in fiscal 2004 profits.
BUSINESS
May 21, 2005

U.S. official frets excessive corporate takeover defense

Visiting U.S. Deputy Assistant Secretary of State Lawrence Greenwood expressed concern Friday about Japanese companies introducing measures to block hostile takeovers, saying they could block friendly merger attempts of foreign businesses.
BUSINESS
May 20, 2005

Video game maker Namco logs record group, net profits

Namco Ltd., a developer of home video games and arcade game machines, said Thursday it posted record group pretax and net profits in fiscal 2004 on strong domestic sales of video game titles and a range of one-off gains.
BUSINESS
May 18, 2005

M&A, antitakeover bills cleared by Lower House

The House of Representatives passed a bill Tuesday to update the corporate legal system to facilitate mergers and acquisitions and strengthen measures to stop hostile takeovers.
BUSINESS
May 11, 2005

Fuji TV, NBS, Livedoor launch alliance talks

Fuji Television Network Inc., Nippon Broadcasting System Inc. and Livedoor Co. launched executive-level talks Tuesday to discuss details of their planned business alliance, their officials said.
COMMUNITY
May 8, 2005

Serial stereotyping only serves others' brazen hubris

Ever since the reopening of Japan to the outside world in the mid-19th century, people from the West have categorized Japanese life in terms of one or another social model. Whatever the category chosen, though, the inference has always been that Japan is "different." How else would you account for something...
Japan Times
JAPAN
Apr 30, 2005

Are dress codes key to global warming?

Just as a 1,000-km journey begins with a single step, it seems that the arduous process of reducing Japan's greenhouse gas emissions starts with the simple removal of a few neckties.
BUSINESS
Apr 28, 2005

DoCoMo, SMFG in credit-card tieup

NTT DoCoMo Inc. and Sumitomo Mitsui Financial Group Inc. said Wednesday they agreed to enter a capital tieup to offer a credit-payment service using DoCoMo mobile phones.
JAPAN
Apr 26, 2005

Ex-UFJ execs in scandal avoid prison

Former UFJ Bank Vice President Kazuyoshi Okazaki, 57, was sentenced Monday to 10 months in prison, suspended for three years, for masterminding efforts to thwart government inspections in 2003.
BUSINESS / JAPANESE PERSPECTIVES
Apr 25, 2005

Nonmanufacturing industries rising to meet global challengers

A number of Japanese firms are expected to report sharp gains in profits for the third straight year when they announce their earnings for the business year that ended March 31.
BUSINESS
Apr 23, 2005

Fuji, Livedoor set to detail alliance

Fuji Television Network Inc. and Internet service provider Livedoor Co. could hold the first meeting of their joint task force to work out details of their business alliance by the end of this month, Fuji TV President Koichi Murakami said Friday.
BUSINESS
Apr 22, 2005

TSE guides companies on poison pill measures

The Tokyo Stock Exchange has compiled guidelines on defensive measures firms can take against hostile takeover bids, bourse officials said Thursday.
JAPAN
Apr 22, 2005

Contractor held in DoCoMo customer data leak

Police have arrested a 41-year-old man on suspicion of leaking personal information on 24,600 customers of NTT DoCoMo Inc., police officials said Thursday.
BUSINESS
Apr 20, 2005

Fuji TV plans to send member to Livedoor board

Fuji Television Network Inc. is considering dispatching a member to Livedoor Co.'s board, sources said Tuesday.
BUSINESS
Apr 19, 2005

'Livedoor shock' reviving Japan's cross-shareholding habit

When Internet services company Livedoor Co. announced its bid to acquire Nippon Broadcasting System Inc., the vulnerabilities of Japan's capital markets were suddenly laid bare, prompting domestic companies to scramble for ways to defend themselves from hostile takeovers.

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