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BUSINESS
Aug 9, 2002

Market chaos poses danger to economy, Cabinet warns

The government on Thursday warned that downside risks are increasing for the Japanese economy due to volatility in global financial markets, but that the uptrend in Japan remains intact.
BUSINESS
Aug 8, 2002

Snow, Otsuka in baby-products deal

Snow Brand Milk Products Co. announced Wednesday it has abandoned talks with Nestle Japan Holding Ltd. over a baby-care products alliance and has instead reached an agreement with Otsuka Pharmaceutical Co.
BUSINESS
Jul 31, 2002

Electronics makers' quarterly results reflect cost-cutting, surge in demand

Japan's major electronics makers either narrowed their losses or posted profits in the April-June quarter, aided by recovering semiconductor sales and restructuring efforts, according to quarterly earnings results released Tuesday.
BUSINESS / ANOTHER LOOK
Jul 29, 2002

What businesses need to learn to become world-class players

The 2002 FIFA World Cup recently held in both Japan and the Republic of Korea was also the first held in Asia. It kept an estimated worldwide audience in excess of 1 billion riveted to match broadcasts for almost a month with the kind of exciting plays only world-class players can produce.
EDITORIALS
Jul 23, 2002

Invisible hand vs. sleight of hand

During the past few weeks, the world has rendered a verdict on U.S.-style capitalism and the results are not pretty. Markets are plunging, the dollar is shedding value against major currencies and executives have been thrown to the lions. There is a crisis of confidence in U.S. business, and rightfully...
BUSINESS
Jul 23, 2002

Publisher to acquire visual content firm

Kadokawa Shoten Publishing Co. said Monday one of its group companies will acquire the operations of visual content provider Daiei Co. to expand the group's contents business.
Japan Times
BUSINESS
Jul 19, 2002

Groups rally against pro forma standard tax

The Japan Chamber of Commerce and Industry and three other groups representing small and midsize firms rallied Thursday against government moves to launch a corporate tax based on criteria other than profits.
COMMENTARY
Jul 16, 2002

Mark of Koizumi's mettle

At the end of the recent Group of Eight summit in Kananaskis, Canada, Prime Minister Junichiro Koizumi expressed confidence in successfully implementing his reform programs, including plans for highway administration and postal services. Koizumi said, "My G8 partners praised and encouraged me when I...
BUSINESS
Jul 13, 2002

Matsushita to cut costs with transfer

OSAKA -- Matsushita Electric Industrial Co. will transfer 1,200 clerical and other employees to an office business subsidiary as it cuts further into labor costs, company officials said Friday.
BUSINESS
Jul 6, 2002

Nissan Diesel to follow Ghosn's plan

The president of Nissan Diesel Motor Co. said Friday his company will promote team work among middle-management personnel, in line with the business strategy of Nissan Motor Co. President Carlos Ghosn.
BUSINESS
Jul 6, 2002

Farm ministry, lobby set policy talks

Agriculture, Forestry and Fisheries Minister Tsutomu Takebe said Friday his ministry will meet next week with Japan's biggest business lobby to exchange views on policies.
BUSINESS
Jul 2, 2002

Hitachi group's operating balance looking better: Shoyama

Hitachi Ltd.'s group operating balance may have returned to the black in the April-June quarter of the 2002 business year, according to Hitachi President Etsuhiko Shoyama.
Japan Times
BUSINESS
Jun 28, 2002

Mazda chief sees bright future

The next two years at Mazda Motor Corp. will be a period of "product-led growth," new company President and CEO Lewis Booth said Thursday.
EDITORIALS
Jun 16, 2002

Thank God it's Monday

'A good name is better than precious ointment," according to the Bible. These days, that can mean more than just a good reputation, especially in business. It can mean a snappy title, too: something that will both stick in people's minds and make them smile.
JAPAN
Jun 16, 2002

Misumi's 'management of emptiness' anything but hollow

At Misumi Corp., the president makes no beginning-of-the-year speeches. There are no long-term sales goals, praise or scoldings.
BUSINESS
Jun 8, 2002

1.4% GDP spurt fails to lift gloom

Brisk exports saw Japan's gross domestic product grow 1.4 percent in the first quarter, marking a turnaround from three straight quarters of contraction, the government said Friday.
BUSINESS
Jun 5, 2002

Hitachi, IBM to integrate their hard disk operations

Hitachi Ltd. and International Business Machines Corp. on Tuesday announced an agreement to integrate their hard disk drive businesses under a joint company to be majority-owned by Hitachi.
BUSINESS
Jun 4, 2002

Casualty insurance giants plot three-way alliance

The largest casualty insurers in Japan, China and South Korea have agreed to form a business tieup on product development and market research, company sources said Monday.
Japan Times
JAPAN / CUP COUNTDOWN
May 29, 2002

Hotels vie for World Cup windfall

As the Friday opening of the 2002 FIFA World Cup approaches, hoteliers in and around Tokyo are making last-minute efforts to get their slice of the hoopla that will carry on through the next month.
BUSINESS
May 29, 2002

Japan Telecom posts net losses of 66 billion yen

Struggling with ongoing restructuring efforts, Japan Telecom Co. on Tuesday reported net losses of 66 billion yen for the business year that ended in March. It was Japan Telecom's first net loss as a publicly traded company.
JAPAN
May 22, 2002

Duskin admits using antioxidant for dumplings

OSAKA -- Duskin Co., which runs the Mister Donut chain in Japan, on Tuesday reported to the Osaka Prefectural Government on its use of an unauthorized antioxidant for producing dumplings, as was disclosed Monday.
BUSINESS
May 21, 2002

Top three automakers post record profits

Despite the sluggish global economy, the nation's top three automakers ran up record-high profits while No. 4 and No. 5 returned to profitability with better-than-expected performances in 2001, according to business results announced as of Monday.
JAPAN
May 9, 2002

McDonald's joins stampede toward personalized marketing

Ltd. revealed its plans to launch a new e-shopping venture targeting users of cellular phones and personal computers. While the e-business entry by the fast-food giant underscores the huge potential of the sector, some experts believe consumers need to be aware that greater convenience carries with it...
BUSINESS
May 4, 2002

52% of firms expect October-March upturn

Some 52 percent of major companies expect an economic upturn in the latter half of the current business year, according to a recent survey by Kyodo News released Friday.
JAPAN
Apr 30, 2002

Asia awaits Japan's recovery

Despite Japan's protracted economic slump, its neighbors are still looking to it for support and leadership.
BUSINESS
Apr 26, 2002

Toshiba, NEC, Fujitsu report huge losses

High-tech giants Toshiba Corp., NEC Corp. and Fujitsu Ltd. on Thursday reported decreased sales and huge losses for the 2001 business year, blaming the slump in global demand for semiconductors and a sharp decline in prices.
BUSINESS
Apr 20, 2002

Daiei suffers 332.5 billion yen loss

Ailing supermarket operator Daiei Inc. announced Friday a consolidated net loss of 332.51 billion yen for the business year that ended in February, blaming the losses on increased restructuring costs.
BUSINESS
Apr 12, 2002

Seven-Eleven Japan thanks extra stores for 3.3% sales growth

Seven-Eleven Japan Co., the nation's largest convenience store chain, said Thursday its sales rose 3.3 percent to 2.11 trillion yen in the business year through February.
BUSINESS
Apr 11, 2002

Government sees economy approaching bottom

The economy is showing increasing signs of bottoming out, the government said Wednesday, upgrading its assessment for the second straight month.

Longform

Bear attacks have dominated Japanese news headlines in recent months, with 13 people so far having been killed by the animals.
Japan’s bears have been on their killing spree for more than 100 years