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BASEBALL / MLB
Nov 24, 2001

Giants decide to offload Martinez

The Yomiuri Giants will not offer slugger Domingo Martinez a contract for next season, officials of the Central League club revealed late Thursday.
BUSINESS
Nov 23, 2001

UFJ writeoffs will balloon to 2 trillion yen

UFJ Holdings Inc. said Thursday its member banks' total bad-loan writeoffs will balloon sixfold from original estimates to an unprecedented 2 trillion yen for the full business year ending March 31, on the back of likely failures among major borrowers.
BUSINESS
Nov 23, 2001

NTT reports 262 billion yen net loss for '01 first half

The Nippon Telegraph and Telephone group reported its first interim net loss Thursday, brought on by special losses of 762.4 billion yen incurred by failed investments in overseas carriers.
BUSINESS
Nov 23, 2001

UFJ writeoffs will balloon to 2 trillion yen

UFJ Holdings Inc. said Thursday its member banks' total bad-loan writeoffs will balloon sixfold from original estimates to an unprecedented 2 trillion yen for the full business year ending March 31, on the back of likely failures among major borrowers.
BASEBALL / MLB
Nov 17, 2001

BayStars taken over by NBS

The heads of Japan's 12 professional baseball clubs on Thursday approved a move that will make Nippon Broadcasting System Inc. the top shareholder of the Yokohama BayStars Baseball Club Inc.
JAPAN
Nov 16, 2001

More workers embrace early retirement

As economic woes prompt companies to pare down workforces and job-security anxiety grows amid widening cracks in Japan's storied lifetime employment system, at least one new breed is rising from the ashes -- older workers who are eager to pocket a payoff and branch out in a new direction.
JAPAN
Nov 16, 2001

CD industry aims at aging music buffs

The Japanese compact disc market is finally showing signs of recovery, but only after manufacturers set their sights on a different demographic -- those aged between 30 and 60.
BUSINESS
Nov 13, 2001

Asahi Bank to unload 200 billion yen in bad loans

Asahi Bank announced plans Monday to cut roughly 200 billion yen in bad loans in two years through a tieup with U.S. investment bank Goldman Sachs Group Inc., allaying market fears about Asahi's financial strength.
BUSINESS
Nov 8, 2001

DoCoMo's interim group net profit dives

Suffering from huge appraisal losses on an overseas investment, cellular operator NTT DoCoMo Inc. said Wednesday its group net profit in the first half of fiscal 2001 plunged to 103.8 billion yen, down 52.2 percent from a year earlier.
BUSINESS
Nov 8, 2001

DoCoMo's interim group net profit dives

Suffering from huge appraisal losses on an overseas investment, cellular operator NTT DoCoMo Inc. said Wednesday its group net profit in the first half of fiscal 2001 plunged to 103.8 billion yen, down 52.2 percent from a year earlier.
BUSINESS
Nov 1, 2001

Nomura posts 90% dive in profits for first half

Nomura Holdings Inc. on Wednesday said profits dived 90.4 percent during the first six months of the fiscal year, with slumping stock prices eating away at commission revenues.
BUSINESS
Nov 1, 2001

Nomura posts 90% dive in profits for first half

Nomura Holdings Inc. on Wednesday said profits dived 90.4 percent during the first six months of the fiscal year, with slumping stock prices eating away at commission revenues.
JAPAN
Oct 19, 2001

Meat industry hopeful over government pledge

Restaurants, distributors and food companies dealing with beef are hoping the government's safety declaration Thursday will help revive consumer demand for red meat. The government declared domestic beef to be free of mad cow disease in a bid to allay public fears following the discovery of the first...
JAPAN
Oct 18, 2001

FTC probes four medical goods firms

The Fair Trade Commission on Wednesday began investigating four medical equipment companies suspected of forming a price-fixing cartel for bone-fracture materials and other medical supplies, according to sources.
BUSINESS
Oct 16, 2001

Lawson racks up record profits

Lawson Inc., the nation's second-largest convenience store operator, reported on Monday record consolidated pretax profits of 22.45 billion yen, up 3.3 percent from a year earlier, for the first half of its business year through Aug. 31.
BUSINESS
Oct 16, 2001

Future UFJ bosses pledge support for embattled Daiei

OSAKA -- The president-designate and chairman-designate of the envisioned UFJ Bank pledged Monday to maintain credit lines for financially beleaguered supermarket chain operator Daiei Inc.
BUSINESS
Oct 11, 2001

Starbucks perks on Nasdaq debut

OSAKA -- Starbucks Coffee Japan Ltd. made a superb debut Wednesday on the Nasdaq Japan stock market as investors scooped up shares of the high-profile firm.
BUSINESS
Oct 3, 2001

UFJ latest bank to fall into the red

Banking group UFJ Holdings Inc. said Tuesday it will post first-half group net losses of 65 billion yen for the period to Sept. 30, after shouldering hefty costs to cover bad-loan writeoffs and stock market losses.
BUSINESS
Oct 2, 2001

DoCoMo launches 3G service with soft sell, finds few takers

NTT DoCoMo Inc. on Monday chose to go with a low-key launch of its third-generation (3G) cellular service amid low expectations by retailers and customers alike.
BUSINESS
Sep 28, 2001

MTFG set to post loss in first half

Mitsubishi Tokyo Financial Group Inc., or MTFG, is likely to post a consolidated net loss of tens of billions of yen for the first half of the 2001 business year, compared with the 150 billion yen net profit forecast in May, company sources said Thursday.
BUSINESS
Sep 28, 2001

Isuzu sells base in restructuring effort

In a bid to accelerate its restructuring, Isuzu Motor Ltd. said Thursday it has sold its headquarters building and land in Tokyo to Dai-ichi Mutual Life Insurance Co.
BUSINESS
Sep 21, 2001

Citigroup to form tieup with two life insurers

U.S. financial services giant Citigroup Inc. said Thursday it has reached a basic agreement on a life insurance tieup with Mitsui Marine & Fire Insurance Co. and Sumitomo Marine & Fire Insurance Co.
JAPAN
Sep 20, 2001

Land prices post 10-year slide

Land prices fell in the year to July 1 for the 10th consecutive year, reflecting the prolonged economic downturn, according to a government survey released Wednesday.
BUSINESS
Sep 15, 2001

GameCube console released, takes on rival PlayStation2

Nintendo Co. released its GameCube video game console on the Japanese market Friday, mounting a challenge to the PlayStation2 console produced by Sony Computer Entertainment Inc.
BUSINESS
Sep 7, 2001

Japanese bonds could receive lower rating

Moody's Investors Service Inc. may downgrade its Aa2 rating on Japanese government bonds, citing the nation's feeble economy, the rating agency said Thursday.
BUSINESS
Sep 4, 2001

Mitsubishi to sell carbonic acid unit

Mitsubishi Rayon Co. said Monday that it has signed an agreement to sell its carbonic acid operations to Praxair Mitsui Chemicals Inc., a unit of Mitsui Chemicals Inc.
BUSINESS
Aug 30, 2001

Gateway Japan halts operations

Gateway Japan Inc. said Wednesday it has shut down its operations in Japan and will lay off all of its 698 employees, including directors.
BUSINESS
Aug 28, 2001

Mitsui, Sumitomo to merge fertilizer sales subsidiaries

Mitsui & Co. and Sumitomo Corp. plan to streamline their operations by merging their wholly owned fertilizer sales subsidiaries by around April, officials of the two trading companies said Monday.
BUSINESS
Aug 24, 2001

Advice sought on energy services

Japan Research Institute, an affiliate of Sumitomo Mitsui Banking Corp., said Thursday it has tied up with two U.S. energy service ventures to get advice on launching new services when Japan's energy market is expected to be opened further.
BUSINESS
Aug 24, 2001

Marubeni ups stake in Maruetsu

Major trading house Marubeni Corp. is buying more shares of Maruetsu Inc., a supermarket-chain unit of ailing retailer Daiei Inc., to raise its stake to 25.2 percent by October from 24.2 percent, Marubeni officials said Thursday.
Tokyo releases AI-generated video of Mount Fuji erupting
A screenshot from an AI-generated video showing what could happen to Tokyo if Mount Fuji erupted
Japan aims to tighten rules for business manager visas from October
The number of foreign residents with business management residency status had reached a record 41,615 as of the end of 2024.
Japanese prefectures break with labor ministry on minimum wage
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
Japan ranked one of the most peaceful places in Asia as global tensions rise
Visitors look at paper cranes hung at Peace Park in Nagasaki on Aug. 8, a day ahead of the 80th anniversary of the World War II atomic bombing of the city.
JICA to designate four Japanese cities as 'hometowns' for African nations
The Japanese flag (left) with the flag of the African Union
Japanese prefectures break with labor ministry on minimum wage
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
Philippines quietly deepening ‘unofficial’ defense ties with Taiwan
Filipino soldiers take part in a flag-raising ceremony on Mavulis Island during a visit by the Philippines' Armed Forces chief of staff, in Batanes, the Philippines, in June 2023. Batanes, a group of idyllic islands at the country’s northernmost tip, sits about 160 kilometers from Taiwan.
Are 'coolcations' the answer for Japan's heat-weary tourists?
Hikers on a trail in Hakuba, Nagano Prefecture. As extreme heat continues to grip Japan, a tectonic shift may be underway in the nation’s summer tourism scene as more people gravitate toward cooler destinations.
Germany's first sakemaker offers a bold brew of ideas
Reigen, Germany's first sake brewery, makes a diverse, nontraditional range of sake that includes fruit-flavored sips and wine barrel-aged renditions.
Alicia Keys closed Summer Sonic, but J-pop owned it
Summer Sonic’s 2025 lineup demonstrated its strength, showcasing the latest in J-pop, including “new kawaii” act Fruits Zipper.

Podcast

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

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past
By Alex K.T. Martin

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