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BUSINESS
May 17, 2002

Nissin logs 21.5% fall in net profits

Nissin Food Products Co. said Thursday it posted a group net profit of 11.94 billion yen in fiscal 2001, down 21.5 percent from a year earlier due to appraisal losses on its securities holdings and growing sales costs.
Japan Times
BUSINESS
May 17, 2002

New auto industry chief to steer Japan toward cleaner technologies

The new chairman of the Japan Automobile Manufacturers Association said Thursday he will work to promote fuel cells and other technologies less harmful to the environment than the combustion engine.
BUSINESS
May 17, 2002

Yamanouchi suffers 5.8% decline in pretax profit

Yamanouchi Pharmaceutical Co. said Thursday its group pretax profit fell 5.8 percent to 100.02 billion yen in fiscal 2001 due to a rise in research and development costs and a decline in sales and royalty revenues abroad for its antigastritis medicine.
BUSINESS
May 16, 2002

Mazda returns to profitability

Mazda Motor Corp. said Wednesday it returned to the black in the 2001 business year thanks to cost-cutting measures and a weakened yen.
BUSINESS
May 15, 2002

NEC, Fuji Heavy to team up on battery development

NEC Corp. and Fuji Heavy Industries Ltd. said Tuesday they will establish a joint venture later this month to develop a high-performance rechargeable battery for hybrid vehicles.
BUSINESS
May 14, 2002

Mitsubishi Pharma profits up 229%

Mitsubishi Pharma Corp. said Monday that its group net profit soared 229.4 percent to 8.99 billion yen in fiscal 2001 due to cost-cutting and the U.S. government's authorization of a resumption of shipments from a U.S. plant.
BUSINESS
May 14, 2002

MMC returns to black after two years of losses

Mitsubishi Motors Corp. on Monday reported a return to the black for the first time in three years, posting 11.3 billion yen in consolidated net profits in the 2001 business year.
BUSINESS
May 11, 2002

JAL suffers 36.7 billion yen in losses for fiscal 2001

Japan Airlines Co. on Friday said it slipped 36.7 billion yen into the red in fiscal 2001, it's first net loss in four years.
BUSINESS
May 9, 2002

DoCoMo profits vanish into writeoffs

After years of spectacular growth, NTT DoCoMo Inc. on Wednesday said group net profits in fiscal 2001 plunged 99.8 percent to 862 million yen due to losses on strategic foreign investments.
BUSINESS
May 9, 2002

Extraordinary losses keep Shiseido in the red

Shiseido Co., the nation's largest cosmetics maker, said Wednesday it remained in the red in the 2001 business year due to appraisal losses on its shareholdings and other extraordinary losses stemming from product recalls.
Japan Times
JAPAN
May 8, 2002

Info brokers have got your number, among other things

In the spring of 1999, Haruo Tanaka (not his real name) became interested in buying a condominium and visited several showrooms in Tokyo. Each time, he was asked to fill out a questionnaire. He provided his name, age, address and phone number as well as his annual income.
Japan Times
BUSINESS
May 8, 2002

Fast Retailing reshuffles management

Fast Retailing Co., operator of the struggling Uniqlo chain, announced Tuesday that Genichi Tamatsuka, a managing director, will take over the presidency in November and that Tadashi Yanai, the current president, will become chairman.
Japan Times
JAPAN
May 5, 2002

Naturalized entrepreneur jumps conservative obstacles

It's bad enough for a would-be entrepreneur that Japan is suffering a protracted economic slump and the country is bound -- still -- by archaic business practices.
COMMUNITY
May 5, 2002

A plastic menagerie for kids of all ages

"Instead of only children, we started to think about what we could sell to people in their 30s, 40s or 50s."
Japan Times
BUSINESS
Apr 30, 2002

Fashion world banking on teenage girls' yearning to grow up

In an effort to capitalize on the Golden Week holiday period, many department stores across the country are targeting preteen and early teen girls with a series of brand-name clothing promotions, fashion shows and makeup classes.
BUSINESS
Apr 27, 2002

Hitachi, Matsushita, Mitsubishi log huge losses

Hitachi Ltd., Matsushita Electric Industrial Co. and Mitsubishi Electric Corp. all posted record consolidated losses in fiscal 2001, according to earnings reports released Friday.
BUSINESS
Apr 24, 2002

Shipments of PCs suffer 13.2% slide

The number of personal computers shipped within Japan in fiscal 2001 fell 13.2 percent from the previous year to 12.14 million units, marking the first decline in four years, the Multimedia Research Institute said Tuesday.
Japan Times
JAPAN / CLOSE NEIGHBORS
Apr 19, 2002

Language, music point way to stronger relations

When Akiko Konishi felt life had become routine after five years in the same company, she decided to spice things up a little by studying a foreign language.
BUSINESS
Apr 13, 2002

Foreign investors net sellers for fourth week

Foreign investors remained net sellers of Japanese stocks for the fourth straight week last week.
BUSINESS
Apr 12, 2002

Nissan plans full lineup for customers in China

Nissan Motor Co. plans to launch almost its entire lineup of passenger cars in China, expecting the country to grow into a huge auto market, according to Nissan President Carlos Ghosn.
SOCCER / World cup
Apr 12, 2002

Japan-Sweden tickets to go on sale

Ticket phone booking for the Japan-Sweden World Cup warmup match, slated for May 25 at Tokyo's National Stadium, will start for registered members of the "FamilyMa Club," a membership ticket service system, from 10 a.m. April 16 to 6 p.m. on April 21 before opening sales up to the general public May...
BUSINESS
Apr 6, 2002

Mining firms eye alliance on copper

Nippon Mining & Metals Co. and Mitsui Mining & Smelting Co. said Friday they will soon begin talks to fully integrate their copper operations by expanding their ongoing alliance to cover production.
BUSINESS
Apr 2, 2002

Toyota aims for 15% global share by early 2010s

Toyota Motor Corp. said Monday it is aiming for a global market share of about 15 percent by the early part of the decade beginning in 2010.
BUSINESS
Mar 29, 2002

Snow Brand announces plan

Snow Brand Milk Products Co., the parent company of scandal-hit Snow Brand Foods Co., announced Thursday an outline of its restructuring plan that includes capital tieups with trading house Itochu Corp. and the National Federation of Agricultural Cooperative Associations (Zen-Noh).
BUSINESS
Mar 28, 2002

Mitsubishi, Nissho Iwai to combine steel operations

Trading houses Mitsubishi Corp. and Nissho Iwai Corp. said Wednesday they will set up a joint venture Oct. 1 to integrate their steel businesses.
BUSINESS
Mar 27, 2002

Honda bucks declines in local market

Honda Motor Co. reported an 18.8 percent year-on-year gain in domestic sales in February for a second consecutive monthly rise, but the four other big Japanese automakers continued to post declines, according to data released Tuesday by the companies.
BUSINESS
Mar 23, 2002

Mitsubishi Materials plans to sell Osaka's OAP Towers

Mitsubishi Materials Corp. plans to sell its 50 percent stake in OAP Towers, a building in Osaka, to a company outside its group, the company said Friday.
BUSINESS
Mar 21, 2002

FSA scolds firms over short selling

The Financial Services Agency on Wednesday ordered five securities houses to improve their business practices regarding short selling.

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