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BUSINESS
Aug 16, 2003

Blackout forces Honda, Toyota to halt output

A massive power outage in the northeastern United States and southeastern Canada forced Honda Motor Co. and Toyota Motor Corp. to halt production at their Canadian plants, company officials said Friday.
BUSINESS
Aug 14, 2003

OMC Card loses customers' letters

OMC Card Inc., a consumer credit firm affiliated with retailer Daiei Inc., said Wednesday it has lost 126 letters from customers containing personal data, including credit card numbers, addresses and phone numbers.
BUSINESS
Aug 12, 2003

Brokerages accepting nighttime share orders

To tap potential demand from daytime salaried workers, some brokerages in Japan have started accepting share orders placed by phone during night hours on weekdays and weekends.
Japan Times
BUSINESS
Aug 8, 2003

DoCoMo satisfied with profit in April-June term

NTT DoCoMo Inc. posted a group net profit of 196.82 billion yen for the April-June quarter on sales of 1.25 trillion yen, company officials said Thursday.
BUSINESS
Aug 5, 2003

Daiei to seek revival body's support

Struggling retail giant Daiei Inc. and its four main creditor banks plan to seek support from the state-backed Industrial Revitalization Corp. of Japan for Daiei's so-called Fukuoka business, sources said Monday.
BUSINESS
Jul 19, 2003

'Competitive' NTT fees promised

Telecommunications minister Toranosuke Katayama said Friday his ministry will maintain a policy of ensuring that the interconnection fees Nippon Telegraph and Telephone Corp. charges other carriers for access to its lines will remain competitive.
BUSINESS
Jul 11, 2003

Telecoms to sue government over NTT's fee hike

Top officials of five telecom carriers agreed Thursday to take on the government in a bid to nullify its approval of an increase in the interconnection fees the firms must pay when accessing NTT Corp. lines.
BUSINESS
Jul 9, 2003

Surging Nikkei touches 10,000

Tokyo stocks closed higher Tuesday, and the Nikkei passed the 10,000 threshold for the first time since last August, but profit-taking erased much of the gains and it ended below 9,900.
BUSINESS
Jul 3, 2003

Daiwa, Nikko rating outlooks stable

Moody's Investors Service said Wednesday it has revised to stable from negative the rating outlook of Daiwa Securities Group Inc., Nikko Cordial Corp. and their respective group brokerages.
JAPAN
Jun 28, 2003

Family of drowned woman seeks payout from JTB unit

The family of a woman who drowned in 2001 while on vacation in Thailand is seeking 142 million yen from JTB World Vacations Inc. for not giving her enough information about the risk of drowning.
JAPAN
Jun 28, 2003

Family of drowned woman seeks payout from JTB unit

The family of a woman who drowned in 2001 while on vacation in Thailand is seeking 142 million yen from JTB World Vacations Inc. for not giving her enough information about the risk of drowning.
JAPAN
Jun 25, 2003

Bankruptcy protection shifts burden to cosigner

Print shop owner Yoichi Iwasaki let out a deep sigh of relief when he filed for court protection from creditors in April 2002, but little did he realize that was not the end of his troubles.
JAPAN
Jun 25, 2003

Bankruptcy protection shifts burden to cosigner

Print shop owner Yoichi Iwasaki let out a deep sigh of relief when he filed for court protection from creditors in April 2002, but little did he realize that was not the end of his troubles.
JAPAN
Jun 25, 2003

Bankruptcy protection shifts burden to cosigner

Print shop owner Yoichi Iwasaki let out a deep sigh of relief when he filed for court protection from creditors in April 2002, but little did he realize that was not the end of his troubles.
BUSINESS
Jun 24, 2003

Pioneer to sell content unit to Dentsu

Pioneer Corp. is in talks with ad agency Dentsu Inc. to sell a majority stake in a wholly owned subsidiary that produces and markets DVDs and video content, sources said Monday.
BUSINESS
Jun 21, 2003

NEC to spin off laser operations

NEC Corp. said Friday it will spin off the group's laser-processing operations into a new company that the electronics firm and two other concerns will establish in December.
BUSINESS
Jun 11, 2003

Tesco buys into Japan market

Major British retailer Tesco PLC announced Tuesday it will acquire Tokyo-based supermarket chain C Two-Network Co. for 32.8 billion yen, joining the growing list of foreign retail giants gaining a foothold in the world's second-largest economy.
BUSINESS
Jun 4, 2003

Intel allots $100 million for chip maker Elpida

U.S. chip maker Intel Corp. has agreed to invest $100 million (about 12 billion yen) in Elpida Memory Inc., the sole Japanese producer of dynamic random access memory chips, in return for stock that does not confer voting rights, the companies said Tuesday.
BUSINESS
Jun 4, 2003

Infoseek and Lycos to unite portals

Infoseek Japan K.K. and Lycos Japan Inc. will unite their Web portals into the one now run by Infoseek Japan on Sept. 1 to make it more competitive with Yahoo Japan Corp.
EDITORIALS
May 30, 2003

Self-help is the best help for banks

The latest earnings reports from Japan's top banks confirm what everyone already knows: They are still heavily burdened with bad loans that won't be paid back. In the financial year that ended March 31, the seven largest lenders chalked up a combined deficit of 4.6 trillion yen, in large part because...
BUSINESS
May 30, 2003

Hino, Penske form capital alliance

Truck maker Hino Motors Ltd. said Thursday it has formed a capital alliance with U.S.-based major leasing firm Penske Corp. to start full-fledged operations in North America.
Japan Times
BUSINESS
May 30, 2003

Is Resona the tip of the iceberg?

The whistle-blowing erupted a few days before May 17, the day Resona, the nation's fifth-largest banking group, announced its capital had tumbled below regulation levels.
BUSINESS
May 21, 2003

BOJ decides to pump more cash into system

The Bank of Japan decided Tuesday to pump still more money into the economy amid falling stock prices, a rising yen and the bailout of Resona Bank.
BUSINESS
May 20, 2003

Medical firm pins hopes on skin-graft technology

Masaharu Inami received a call in 1996 from a Nara doctor desperate to save the life of a 17-month-old girl who had fallen into a bathtub of boiling water and had been scalded over 65 percent of her body.
BUSINESS
May 20, 2003

Nonlife insurers show mixed fortunes

Three of the nation's six major nonlife insurer groups posted a net loss in fiscal 2002, due to hefty valuation losses on their securities holdings, according to parent-only financial statements released Monday.
BUSINESS
May 16, 2003

UFJ, SMBC to join up on systems development

UFJ Bank and Sumitomo Mitsui Banking Corp. have agreed to jointly develop an improved account transfer system that would allow depositors to pay their utility bills automatically, sources said Thursday.
BUSINESS
May 15, 2003

Mizuho eyes borrower-revival units

Mizuho Financial Group Inc. said Wednesday it will form five financial affiliates specializing in reviving feeble corporate borrowers.
BUSINESS
May 13, 2003

Sogo, Seibu to merge operations in June

Struggling department store operator Sogo Inc. announced Monday that it will integrate its operations with Seibu Department Stores Ltd. on June 1 under a new holding company, Millennium Retailing 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