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BUSINESS
Jun 26, 2003

Domestic vehicle production falls for third straight month

Domestic production of cars, trucks and buses fell 2.1 percent in May from a year earlier to 786,343 units, down for the third straight month, the Japan Automobile Manufacturers Association said Wednesday.
Japan Times
BUSINESS / INTERNATIONAL RATIONALE
Jun 7, 2003

As assets begin to shift overseas, investors latch on to bonds

One of myriad brochures offering trips to Zurich, Geneva and Luxembourg aimed at Japan's well-to-do offers the provocative call "Now is the time to evacuate your assets!"
Japan Times
BUSINESS
Jun 6, 2003

Matsushita to keep gaming goods distinct

Electronics maker Matsushita Electric Industrial Co. has no plans to develop new crossover gadgets that straddle video-game machines and electronic appliances, a senior official said Thursday.
EDITORIALS
Jun 2, 2003

Keep political donations transparent

Stung by a series of corruption scandals since last year, the ruling-coalition parties have begun talks aimed at updating some of the rules governing the financing of political campaigns in Japan. The Liberal Democratic Party seeks to raise the legal limit on donations that do not require disclosure...
Japan Times
BUSINESS / FRONT-RUNNERS
May 27, 2003

Toilet manufacturer plucks success from depths of despair

Failure is but a stepping stone to success. The proverb rang dramatically true in the process of developing a new product at Toto Ltd., the major toilet manufacturer based in Fukuoka Prefecture.
BUSINESS
May 27, 2003

Japan carmakers' banner year not likely to repeat

Restructuring efforts and strong sales in the United States helped the five major Japanese automakers record drastically higher profits in the year through March 31.
BUSINESS
May 23, 2003

Matsumotokiyoshi logs record profit

Boosted by a surge in sales of more profitable cosmetic items, the Matsumotokiyoshi Co., Japan's largest drugstore chain, reported a record group net profit of 7.05 billion yen for fiscal 2002.
BUSINESS
May 22, 2003

Arcades boost Namco's profits

Game maker Namco Ltd. said Wednesday that its group net profit more than doubled in fiscal 2002, thanks to the strong performance of its domestic amusement arcades.
BUSINESS
May 17, 2003

Kenwood effects dramatic comeback

Kenwood Corp. said Friday that it chalked up its first return to profitability in four years and a record group net profit.
BUSINESS
May 16, 2003

J-Pop helps Columbia Music out of seven years of red ink

Columbia Music Entertainment Inc., reviving itself under Ripplewood Holdings LLC, reported Thursday its first profit in seven years on a group operating basis.
BUSINESS
May 16, 2003

Mitsubishi Estate back in the black

Mitsubishi Estate Co.'s group net balance returned to the black in fiscal 2002 due to a much smaller special loss than the previous year, when it booked huge valuation losses on fixed property.
EDITORIALS
May 15, 2003

Deflation helps generate profits

Toyota Motor Corp. and Nissan Motor Co., two of Japan's leading manufacturing companies, chalked up record profits in the business year that ended March 31. Other major firms, including Honda Motor Co., also made their best showings in spite of falling prices. These results indicate that deflation is...
BUSINESS
May 15, 2003

Kose sets sights on the Philippines

Cosmetics maker Kose Corp. said Wednesday it will sell its products in the Philippines beginning in October under an exclusive sales agency agreement with Rustan Commercial Corp., a leading retail group in that country.
BUSINESS
May 10, 2003

Softbank posts second net loss

Softbank Corp. said Friday its group net loss worsened in the year through March 31 due to hefty outlays to attract new subscribers to its broadband Internet service.
BUSINESS
May 2, 2003

Ricoh profit jumps 17.7% to hit record

Copier maker Ricoh Co. said Thursday its group net profit for the business year through March 31 jumped 17.7 percent to a record 72.51 billion yen.
BUSINESS
May 1, 2003

ANA fails to right '01's financial wrongs

All Nippon Airways Co. said Wednesday it failed in the year to March to rebound from the losses it suffered the year before, blaming its sluggish performance on weak consumer spending and stiff competition on prices.
BUSINESS
Apr 26, 2003

Hino Motors sees net profit decline

Hino Motors Ltd. said Friday it posted a consolidated net profit of 4.96 billion yen for fiscal 2002, down 40.7 percent from a year earlier due to valuation losses on its securities holdings amid the slumping stock market.
BUSINESS
Apr 26, 2003

Fujitsu slashes group net loss but remains in red

Fujitsu Ltd. remained in the red in fiscal 2002, posting a consolidated net loss for the second consecutive year after booking a restructuring cost of 151.49 billion yen, the firm reported Friday.
BUSINESS
Apr 25, 2003

NEC failed to post a profit again in 2002

NEC Corp. said Thursday it stayed in the red in fiscal 2002 for the second consecutive year, with a consolidated net loss of 24.56 billion yen.
Japan Times
BUSINESS
Apr 19, 2003

Daiei reports return to the black for '02

Ailing retailer Daiei Inc. reported Friday it returned to profitability in its 2002 business year due to lower restructuring costs, which weighed heavily on its earnings in the previous term.
BUSINESS
Apr 17, 2003

Fuji Heavy, Saab plan car together

Fuji Heavy Industries Ltd. and Saab Automobile AB of Sweden said Wednesday they will collaborate on the development of a new Saab vehicle and on the distribution of Saab vehicles in Japan.
BUSINESS
Apr 16, 2003

FamilyMart net profit up 50% on strategic store openings

Convenience store chain FamilyMart Co. said Tuesday its group net profit for the year through February jumped 50.7 percent from the year before to 12.88 billion yen on strong sales and reduced extraordinary losses.
COMMUNITY / Issues / THE ZEIT GIST
Apr 8, 2003

Society fiddles as young get burned

The vernacular media frequently goes tsk-tsk over crimes by juveniles. These days, people's concerns tend to be reflected through two terms: "kyoaku-ka" and "teinenrei-ka," which refer, respectively, to more violent crimes by increasingly younger perpetrators
Japan Times
BUSINESS
Mar 18, 2003

Hamburger chains trying new ways to lure back customers

Hamburger chains are shifting away from low-price strategies after cheap burgers failed to lure back customers following the outbreak of mad cow disease 1 1/2 years ago.
BUSINESS
Mar 15, 2003

Japan Inc. plotting its own war survival strategy

Japan Inc. is on high alert.
BUSINESS
Mar 14, 2003

MMC, Nissan forge Minicab deal

Mitsubishi Motors Corp. will supply its Minicab commercial vehicle to Nissan Motor Co. on an original equipment manufacturing basis, the firms said Thursday.
COMMENTARY
Mar 4, 2003

Signs of a thaw in cross-Strait relations

HONG KONG -- In a potentially significant move, China is reported to have pulled back some of its missiles along the Fujian coast facing Taiwan, something that the United States and Taiwan have been urging China to do for some time. An article in Taiwan's United Daily News on Thursday reported that "the...
BUSINESS
Mar 1, 2003

With Sogo recovering Wada takes on Seibu

Shigeaki Wada, who has successfully navigated the Sogo department store chain out of bankruptcy, began his second successive resuscitation job Friday, taking the helm of now troubled Seibu Department Stores Ltd.
Japan Times
COMMUNITY
Feb 23, 2003

Trade at your fingertips

The Japanese term for "do it yourself" is nichiyo daiku, which literally means "Sunday carpentry," though the usage of the term suggests an activity more related to recreation and leisure than making improvements or doing repairs.

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?