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BUSINESS
Aug 10, 2004

McDonald's Japan to invite foreign execs

McDonald's Holdings Co. (Japan) said Monday it will invite five or six senior officials from McDonald's Corp. of the United States and other overseas firms to assume executive posts at McDonald's Co. (Japan).
JAPAN
Aug 1, 2004

Daiei rescue package calls for 300 billion yen

Struggling retail giant Daiei Inc. has worked out a new three-year rehabilitation package, including 300 billion yen in financial aid from three creditor banks, sources close to the plan said Saturday.
BUSINESS
Jul 27, 2004

UFJ hands improvement plan to FSA

UFJ Holdings Inc. told the Financial Services Agency on Monday it will carry out organizational changes, including an increase in outside directors, in response to business improvement orders issued by the FSA.
JAPAN
Jul 26, 2004

UFJ to enlist more outside directors

The UFJ financial group is considering increasing the number of outside directors, including those in charge of ensuring that the group's operations are in compliance with the law, according to group sources.
JAPAN
Jul 25, 2004

MTFG's leaders eyed to head merged group

Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc., eyeing a merger in the next fiscal year, are considering having the president and chairman of MTFG take the same positions in the merged banking group, informed sources said Saturday.
JAPAN
Jul 25, 2004

MTFG's leaders eyed to head merged group

Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc., eyeing a merger in the next fiscal year, are considering having the president and chairman of MTFG take the same positions in the merged banking group, informed sources said Saturday.
JAPAN
Jul 18, 2004

Sojitz Holdings may seek 300 billion yen

Sojitz Holdings Corp. is considering seeking about 300 billion yen in financial aid from its main creditor, UFJ Bank, to help bolster its capital base, sources close to the move said Saturday.
BUSINESS
Jul 16, 2004

MTFG exec sees mutual benefits from UFJ merger

The chairman of the Bank of Tokyo-Mitsubishi said Thursday he sees a planned merger between Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. as being mutually beneficial.
JAPAN
Jul 14, 2004

Takenaka sibling rallied Misawa Homes' support

Executives at subsidiaries of Misawa Homes Holdings Inc., a financially troubled recipient of huge loans from UFJ Holdings Inc., had their employees assist the campaigning of Financial Services Minister Heizo Takenaka, who was elected to the House of Councilors in Sunday's election, according to his...
BUSINESS
Jun 24, 2004

DoCoMo overseas expansion plan shifts to tieups

NTT DoCoMo Inc. will pursue technological tieups rather than capital investments to expand its mobile phone business overseas, according to the firm's president.
BUSINESS
Jun 22, 2004

KDDI to offload PHS business

KDDI Corp., the nation's No. 2 mobile carrier, officially announced Monday that it has agreed to sell its PHS business to the Carlyle Group, a U.S. private equity fund, for 220 billion yen.
BUSINESS
Jun 22, 2004

Missing TV viewer data recovered

BS-i Inc., a digital satellite broadcaster affiliated with Tokyo Broadcasting System Inc., said Monday that personal data on 10,868 TV viewers have been discovered after being left inside a discarded computer.
BUSINESS
Jun 22, 2004

SMBC to acquire stake in Promise

Sumitomo Mitsui Banking Corp. will acquire a 15 percent equity stake in Promise Co. by July 13 and eventually boost it to 20 percent, Sumitomo Mitsui Financial Group Inc., the bank's parent, and the major consumer finance company said Monday.
Features
Jun 13, 2004

Momentum building toward a transformed Japan

The "lost decade" story of teetering banks, an imploding Nikkei and skyrocketing unemployment has been overdone, and overlooks many interesting and dynamic developments. Too much of what is happening in contemporary Japan cannot be explained by media images of social gridlock and economic stagnation....
BUSINESS
Jun 10, 2004

Sumitomo close to tieup accord with Promise

Sumitomo Mitsui Financial Group Inc. is close to reaching an agreement with moneylender Promise Co. to form a capital and business alliance, sources close to the deal said Wednesday.
BUSINESS
May 26, 2004

DoCoMo shifts strategy from investment to tech ties

NTT DoCoMo Inc. will shift its global strategy in the mobile phone business from capital investment to technological tieups, after suffering huge losses on its investments in overseas mobile phone operators, NTT Corp. President Norio Wada said Monday.
BUSINESS
May 26, 2004

EU objects to Sony-BMG music merger

The European Commission has sent a statement to the music units of Japan's Sony Corp. and Germany's Bertelsmann AG, objecting to a proposed merger between the two units, a Sony official said Tuesday.
BUSINESS
May 20, 2004

UFJ to sack top three execs over dismal result

The UFJ financial group said Wednesday its three top managers will be ousted because the group failed to achieve its profit goals, company officials said.
JAPAN
May 13, 2004

Bulletin Board

Tokyo, Kobe study-abroad fairs slated
BUSINESS
May 12, 2004

Employment fears recede amid recovery

Workers are becoming less concerned about losing their jobs due to increasing signs of a turnaround in the country's economic situation, according to a survey report released this week by a private career consultant firm.
BUSINESS
May 8, 2004

IRCJ starts up ailing Kanebo's cosmetics branch

Ailing Kanebo Ltd.'s mainstay cosmetics business began operations Friday under the state-backed Industrial Revitalization Corp. of Japan to pay off the group's huge debts.
BUSINESS
Apr 24, 2004

MHI to make line for wing sections of new Boeing 7E7

Mitsubishi Heavy Industries Inc. said Friday it will build a new production line to make wing sections for Boeing Inc.'s planned 7E7 airliner in an investment maneuver reportedly expected to be worth 50 billion yen.
BUSINESS
Apr 17, 2004

Nomura to buy into Millennium

Nomura Holdings Inc. said Friday it will invest 50 billion yen in Millennium Retailing Inc. by the end of January to acquire a majority stake.
BUSINESS
Apr 14, 2004

Japan Post sees international business as cornerstone

Japan Post aims to beef up its international business to survive intensifying global competition ahead of its planned privatization beginning in 2007, according to Masaharu Ikuta, president of the government-owned entity.
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

SUSTAINABLE JAPAN

Fujitsu crafts sustainable innovation for itself, society
Fujitsu crafts sustainable innovation for itself, society

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