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BUSINESS
Nov 18, 2004

TBS violates rules on stock ownership

Tokyo Broadcasting System Inc. said Wednesday its group has held a stake of more than 20 percent in TV-U Fukushima Inc. in violation of the government's rules on stock ownership among broadcasters.
BUSINESS
Nov 17, 2004

Rakuten allowed to join Keidanren

The Japan Business Federation (Nippon Keidanren) on Tuesday approved the entry of online shopping mall operator Rakuten Inc.
BUSINESS
Nov 12, 2004

Daiei may ask founding family to offer up assets

Daiei Inc. might ask its founding family to bear some responsibility for the company's financial troubles by providing some of its personal assets to help with the retailer's rehabilitation, company sources said Thursday.
BUSINESS
Nov 10, 2004

Toshiba sues ex-partner Hynix over patent infringement case

Toshiba Corp. said Tuesday it has filed patent infringement lawsuits against South Korea's Hynix Semiconductor Inc. both in Japan and the United States, claiming it has violated Toshiba's flash memory patents.
BUSINESS
Oct 30, 2004

MTFG, UFJ units ready for merger

Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. said Friday that Mitsubishi Securities Co. and UFJ Tsubasa Securities Co. have tied up in investment banking and other areas prior to their planned merger next October.
BUSINESS
Oct 29, 2004

Sumitomo still resisting merger of MTFG, UFJ

Sumitomo Trust & Banking Co. sought a court order Thursday to halt negotiations between UFJ Holdings Inc. and Mitsubishi Tokyo Financial Group Inc. on merging their trust banking operations.
BASEBALL / Japanese Baseball
Oct 27, 2004

No decision yet from NPB panel on new baseball team

A Nippon Professional Baseball executive committee panel, which is screening the applications of Internet-related companies Rakuten Inc. and Livedoor Co. as they vie to create a new baseball team in Sendai, failed to reach a decision on Tuesday.
BUSINESS
Oct 23, 2004

Scramble for Daiei outlets could intensify amid IRCJ involvement

Daiei Inc.'s decision to seek help from the Industrial Revitalization Corp. of Japan is widely believed to have intensified a scramble for the retailer's outlets and may result in a major change in power relations in the supermarket industry.
BASEBALL / Japanese Baseball
Oct 15, 2004

Livedoor appoints O'Malley as manager

Internet services company Livedoor on Thursday announced the appointment of former Yakult Swallows and Hanshin Tigers player Tom O'Malley as manager of its baseball team.
BUSINESS
Oct 15, 2004

DDI Pocket to splash out on own Internet network

DDI Pocket Inc., Japan's largest provider of personal handy-phone system services, will invest 70 billion yen to establish its own Internet communications network within five years, bypassing existing networks run by Nippon Telegraph and Telephone Corp.
BASEBALL / Japanese Baseball
Oct 14, 2004

Rakuten hires Tao to manage new team

Internet mall operator Rakuten Inc., which has applied to enter professional baseball next season, announced Wednesday the appointment of baseball commentator Yasushi Tao as manager of its team on a three-year contract.
BUSINESS
Oct 13, 2004

Workers see benefits in performance-linked pay

Aika Momma is a financial adviser at Nikko Cordial Securities Inc. with a renewable one-year contract and he -- along with a growing number of young professionals -- is happy with his situation.
BUSINESS
Oct 7, 2004

FSA targets UFJ over attempts to block inspections

The Financial Services Agency will file a criminal complaint against UFJ Bank and several former executives for allegedly violating the Banking Law by blocking FSA inspections, sources said Wednesday.
BUSINESS / CABINET INTERVIEW
Oct 5, 2004

IRCJ to stop accepting new projects in March

Seiichiro Murakami, newly chosen state minister in charge of industrial revitalization, said the Industrial Revitalization Corp. of Japan will stop accepting new turnaround assignments in March, as scheduled.
BUSINESS
Sep 22, 2004

Daikyo, UFJ to take IRCJ rehab route

Daikyo Inc. and its main creditor, UFJ Bank, are planning to seek support from the government's Industrial Revitalization Corp. of Japan, possibly this month, to rehabilitate the struggling condominium builder, sources said Tuesday.
BUSINESS
Sep 15, 2004

MTFG, UFJ to eliminate 200 branches

Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. will eliminate a combined 200 domestic branch stores providing banking, brokerage and trust banking services as part of a management integration plan, Mitsubishi Tokyo officials said Tuesday.
BUSINESS
Sep 4, 2004

Sojitz ups losses to 400 billion yen for 2004

Struggling trading house Sojitz Holdings Corp. will book losses of around 400 billion yen in the current fiscal year, up from the originally planned 250 billion yen, company sources said Friday.
Japan Times
BUSINESS
Sep 3, 2004

U.S. visa cut pushing translation firm to Asia

A recent cut in the number of U.S. visas given to foreign technical experts has convinced a U.S. translation-services company to expand its business in Japan and other parts of Asia, MultiLing Corp. President Michael Sneddon said in Tokyo this week.
BUSINESS
Aug 20, 2004

UFJ group to sell Aplus to HSBC for 100 billion

The UFJ group will sell Aplus Co., an ailing consumer finance affiliate, to the HSBC group of Britain for about 100 billion yen, according to sources.
Japan Times
JAPAN
Aug 19, 2004

Counselors now target Japanese overseas

The growing number of Japanese nationals residing abroad -- expected to surpass 1 million by 2006 -- is being matched by the need for specialist counseling agencies that help with the stress of living in an alien culture.
BUSINESS
Aug 18, 2004

Consent given to Sumitomo Trust for top court appeal

The Tokyo High Court gave the go-ahead Tuesday for Sumitomo Trust & Banking Co. to appeal its ruling allowing merger talks between UFJ Holdings Inc. and Mitsubishi Tokyo Financial Group Inc.
JAPAN
Aug 16, 2004

Sumitomo Trust head raps bank-merger ruling

The head of Sumitomo Trust & Banking Co. on Sunday rapped the Tokyo High Court's decision last week giving the green light to full-fledged merger talks between UFJ Holdings Inc. and Mitsubishi Tokyo Financial Group Inc.

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