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BUSINESS
Mar 2, 2005

Livedoor's voting rights in Nippon Broadcasting rise

Livedoor Co. had increased its stake in Nippon Broadcasting System Inc. to 42.5 percent in terms of voting rights as of last Feb. 23, according to a report submitted by the Internet service provider.
BUSINESS
Mar 1, 2005

SMFG expects 240 billion yen loss on loan writeoffs

Sumitomo Mitsui Financial Group Inc. said Monday it expects to record a 240 billion yen group net loss for the current financial year.
BUSINESS
Mar 1, 2005

Two more firms to back Fuji TV's bid for NBS

Daiwa Securities SMBC Co. and Kansai Electric Power Co. said Monday they will sell their shares in Nippon Broadcasting System Inc. to Fuji Television Network Inc. to support its tender offer for the radio broadcaster and thwart a takeover attempt by Internet company Livedoor Co.
BUSINESS
Feb 26, 2005

Allies moving to sell stakes in NBS to Fuji TV

Tokyo Electric Power Co., Kodansha Ltd. and Mitsubishi Electric Corp. have applied to sell their shares in Nippon Broadcasting System Inc. to Fuji Television Network Inc. to support the network's takeover bid for the radio broadcaster, officials of the three firms said separately Friday.
BUSINESS
Feb 23, 2005

Curbs eyed for foreign acquisition of broadcasting firms

Internal Affairs and Communications Minister Taro Aso said Tuesday he has ordered ministry officials to consider revising radio and broadcasting laws to put greater regulations on purchases of Japanese broadcasters by foreign companies.
BUSINESS
Feb 23, 2005

Fuji TV likely to get over 30% of radio broadcaster

Fuji Television Network Inc. will likely secure more than 30 percent of Nippon Broadcasting System Inc., its largest shareholder, to prevent Internet service provider Livedoor Co. from intervening in the TV broadcaster's management, an anonymous source said Tuesday.
BUSINESS
Feb 19, 2005

Livedoor to go distance for Fujisankei

Livedoor Co. President Takafumi Horie said Friday the company was prepared for a long struggle to take control of Nippon Broadcasting System Inc. in order to form a business alliance with the Fujisankei media group.
BUSINESS
Feb 19, 2005

SMFG, Daiwa units to merge

Daiwa Securities Group Inc. and Sumitomo Mitsui Financial Group Inc. said Friday their venture capital units will merge Oct. 1.
BUSINESS
Feb 16, 2005

Livedoor move may spur off-hour trading curbs

The government may impose restrictions on off-hours stock trading in the wake of Livedoor Co.'s surprise acquisition of a large stake in a radio broadcaster last week, Financial Services Minister Tatsuya Ito said Tuesday.
BUSINESS
Feb 11, 2005

Fuji TV eases off radio firm takeover bid

Fuji Television Network Inc. said Thursday it has cut its equity-stake acquisition goal in a tender offer for radio station Nippon Broadcasting System Inc. to 25 percent from more than 50 percent.
BUSINESS
Feb 3, 2005

'Tokyo' blamed for bank's lengthy name

Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. plan to name the new commercial bank to be created by their Oct. 1 merger the Bank of Tokyo-Mitsubishi UFJ, banking sources said Wednesday.
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

MTFG to up capital in merger runup

Mitsubishi Tokyo Financial Group Inc. plans to issue 250 billion yen in preferred shares by the end of March to expand its capital base ahead of its planned merger with UFJ Holdings Inc. in October, MTFG officials said Wednesday.
JAPAN
Jan 26, 2005

Stock option income counts as salary: Supreme Court

The Supreme Court ruled Tuesday that proceeds from exercising stock options should be regarded as a part of salary and thus subject to a higher tax rate than for one-time income.
Japan Times
BUSINESS
Jan 25, 2005

Livedoor getting ready to launch Internet bank with regional lender

Livedoor Co., a provider of Internet and computer network-related services, said Monday it will team up with a bank in Yamaguchi Prefecture to launch an online bank this year.
JAPAN
Dec 25, 2004

Court nixes IBJ back-taxes ruling over bad-loan writeoffs to lender

The Supreme Court on Friday invalidated a decision to impose back taxes on the former Industrial Bank of Japan for writing off nonperforming loans it made to an insolvent "jusen" mortgage lender.
BASEBALL / MLB
Dec 25, 2004

Fukuoka Softbank Hawks get green light

Softbank Corp. officially became a baseball club owner Friday when the Internet service provider obtained approval for its purchase of the Fukuoka Daiei Hawks from debt-ridden retail giant Daiei Inc.
Dec 25, 2004

Court nixes IBJ back-taxes ruling over bad-loan writeoffs to lender

The Supreme Court on Friday invalidated a decision to impose back taxes on the former Industrial Bank of Japan for writing off nonperforming loans it made to an insolvent "jusen" mortgage lender.
JAPAN
Dec 22, 2004

UFJ Bank, former execs indicted for blocking inspections

Prosecutors indicted former UFJ Bank Vice President Kazuyoshi Okazaki and two other former executives as well as UFJ Bank for allegedly blocking government inspections last year in violation of the Banking Law.
JAPAN
Dec 14, 2004

Disaster broadcasts via cell phone eyed

More than a year has passed since terrestrial digital broadcasting services began a new TV era in Japan, with the services spreading to rural prefectures.
BUSINESS
Dec 14, 2004

UFJ contests Sumitomo's suit against MTFG tieup

UFJ Holdings Inc. contested in court Monday a Sumitomo Trust & Banking Co. demand that UFJ and Mitsubishi Tokyo Financial Group Inc. be ordered to halt talks on merging trust banking operations.
JAPAN
Dec 10, 2004

Anti-Disney style of 'manga' and 'anime' appeals to Americans

Animation in the United States once meant Mickey Mouse, Snow White and Winnie the Pooh.
Japan Times
BUSINESS
Dec 8, 2004

Japan gets intellectual on property rights

From the witness stand, patent manager Hiroshi Ikeda of Asia Manufacturing Co. stares at a copy of a critical e-mail. In it, AMC managers instruct engineers to procure 10 samples of a golf club grip marketed by Sports Grip Co. of the United States for "reverse engineering."
BUSINESS
Dec 2, 2004

Banks start brokerage services following market deregulation

Banks in Japan were permitted to begin selling stocks directly Wednesday as part of a deregulatory effort to bring more investors into the securities market.
JAPAN
Dec 1, 2004

Softbank gets Hawks for 20 billion yen

Softbank Corp. said Tuesday it has agreed to pay 20 billion yen for the Fukuoka Daiei Hawks and its gaming rights, capping years of speculation on the fate of the athletically sound but financially ailing baseball team.
BUSINESS
Dec 1, 2004

Japan Post, Sankyu eye Asia delivery service

State-run Japan Post and private delivery company Sankyu Inc. said Tuesday they will begin a joint door-to-door delivery service for small freight in Asia.
BUSINESS
Nov 23, 2004

Mizuho, SMFG loan ills abating

Mizuho Financial Group Inc., the nation's biggest bank by assets, said Monday its first-half net profit fell 8.4 percent from a year earlier but its bad loans shrank due to improved earnings at borrower firms.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Trump says India and Pakistan have agreed to 'immediate ceasefire'
A man stands amid debris on the roof of a damaged house, following Pakistan's military operation against India, in Rehari, Jammu, on Saturday.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
Suspect in Tokyo Metro stabbing chose station to highlight ‘educational abuse’
Yoshitaka Toda is escorted out of a police station in Tokyo's Bunkyo Ward on Friday to be sent to prosecutors.
Japan stuck at starting line in tariff talks with U.S. as U.K. inks deals
Ryosei Akazawa, Japan’s top tariff negotiator, speaks to the press on Friday. Japan and the United States are still discussing what to negotiate.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
Kazuki Nagasawa's sustainable designs are rooted in tradition
For centuries, artisans have unraveled strands of the fibrous bark of "shuro" trees to create a medley of everyday objects. Designer Kazuki Nagasawa is now transforming the traditional material into ethereal contemporary pieces.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ships Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Hanako Lowry

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