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BUSINESS
Apr 10, 2002

Yamaha to boost presence in China, Asian markets

Yamaha Motor Co. said Tuesday it has launched a three-year business plan that focuses on sales growth in China and other Asian markets.
BUSINESS
Apr 2, 2002

KDDI starts high-speed mobile service

KDDI Corp. launched a third-generation high-speed data transmission service Monday for its au mobile phone service, moving to compete with a similar service offered by rival NTT DoCoMo Inc.
BUSINESS
Mar 29, 2002

DoCoMo set to post appraisal losses

NTT DoCoMo Inc. said Thursday it may, if necessary, post appraisal losses on its overseas investments for the 2001 business year due to stock price movements.
COMMENTARY
Mar 26, 2002

Getting tough on bid rigging

Japanese newspapers are awash with scandals over bidding for public works projects. Japan's construction industry, which accounts for more than 10 percent of the nation's employed workers, is the world's largest. It is unconscionable that this important industry has become a hotbed of collusion among...
BUSINESS
Mar 23, 2002

Snow Brand Foods to sell additives unit to Nissho Iwai

Snow Brand Foods Co., a meat processor and subsidiary of Snow Brand Milk Products Co., said Friday that it will sell its imported food additives operation to trading house Nissho Iwai Corp. on March 31.
COMMENTARY / JAPAN IN THE GLOBAL ERA
Mar 18, 2002

'Gerontocrat' academicians with myopia

LAUSANNE, Switzerland -- After Harvard Professor Ezra Vogel's famous book "Japan as Number One" appeared in 1979, the West experienced a "learning from Japan" boom. I fully participated in this movement in both of its manifestations: publications, seminars etc., and the establishment of university Japanese...
BUSINESS
Mar 14, 2002

Kansai businesses on China mission

OSAKA -- Business groups in the Kansai region said Wednesday they will send a mission to China on Sunday to discuss economic changes with government leaders.
BUSINESS
Mar 6, 2002

Tobishima to speed up debt cut

Construction company Tobishima Corp. said Tuesday it has devised a new rehabilitation plan to cut its group interest-bearing debts of 135 billion yen by 50 billion yen over three years.
BUSINESS
Mar 4, 2002

Sato Kogyo files for bankruptcy

Debt-saddled Sato Kogyo Co. and eight of its subsidiaries filed for protection from creditors with the Tokyo District Court on Sunday under the Corporate Rehabilitation Law, becoming the second midsize general construction contractor to collapse in the three months since Aoki Corp. folded in December....
BUSINESS
Mar 1, 2002

U.S. legal firm, citing globalism, hopes to tap into Japan

As companies increasingly engage in cross-border transactions and international operations, legal services are also going global, according to a U.S. law firm hoping to tap into the Japanese market.
BUSINESS
Feb 25, 2002

Analysts expect gradual Japan recovery

Japan is capable of overcoming its deep-seated economic problems, according to experts attending a recent symposium in London, but Western-based analysts were less optimistic than their Japanese counterparts that there is sufficient resolve at the political and boardroom levels to make the transition...
BUSINESS
Feb 25, 2002

Possible global meltdown 'frightening'

The final session of the London Business School economic forum considered the recovery of the global economy. In her opening statement, Noriko Hama, research director at Mitsubishi Research Institute Inc., said, "We might just as well be talking about no recovery of the global economy.
BUSINESS
Feb 16, 2002

Fujita seeks integration with Mitsui-Sumitomo

As banks and the government desperately work to solve the issue of mounting problem loans, many of which were extended to the construction industry, financially troubled contractor Fujita Corp. said Friday that it plans to merge its key construction division with Mitsui Construction Co. and Sumitomo...
BUSINESS
Feb 13, 2002

Fujitsu, Accenture to join hands

Fujitsu Ltd. and Accenture Corp. said Tuesday they will jointly provide information technology-based solutions to firms seeking to improve their business strategies.
BUSINESS
Feb 11, 2002

FTC moves raise doubts over Antimonopoly Law

For more than 120 years during the Meiji, Taisho and Showa eras, the government was the primary driving force of the Japanese economy. That changed as the nation entered the Heisei era, as the private sector began to play a public role previously monopolized by the government. This is why the nation...
BUSINESS
Feb 8, 2002

Kansai forum hears calls for innovation

OSAKA -- "No guts, no glory" was the rallying cry for nearly 400 Kansai area business and government leaders Thursday, the opening day of the 40th annual Kansai Economic Seminar.
JAPAN / WORKING IT OUT
Feb 8, 2002

Calls mount for work-sharing as jobless ranks soar

KOBE -- Hatsue Okada, a 33-year-old nurse, works between 9:30 a.m. and 2 p.m. three days a week at a day-care center for elderly people in Kakogawa, Hyogo Prefecture.
BUSINESS
Feb 5, 2002

Moody's cuts debt ratings for Toshiba, NEC amid IT slump

Moody's Investors Service Inc. said Monday that it has cut the senior unsecured debt ratings of Toshiba Corp. and NEC Corp., Japan's second- and third-largest electronics makers, citing decreased profitability and the ongoing slump in the information-technology industry.
JAPAN
Jan 27, 2002

Snow Brand's products taken off menus at schools

OSAKA -- Education boards in Osaka, Nara and Shimane prefectures as well as 10 cities across Japan have decided to remove Snow Brand group products from school meals in the wake of the beef labeling scandal at Snow Brand Food Co., according to a Kyodo News survey.
COMMENTARY / WASHINGTON UPDATE
Jan 24, 2002

A case for campaign finance reform

WASHINGTON -- Controversy is raging about the Enron collapse. Is it a political story? Is it a criminal story? Is it a business story? Is it a story about personalities? The Enron story is all three. The real question is which category is the most important. and that all depends on your perspective....
BUSINESS
Jan 20, 2002

Nankai to slash staff, cut pay, close units

OSAKA -- Financially ailing Nankai Electric Railway Co. has unveiled a radical restructuring program, saying it will slash more than 20 percent of its workforce, reduce pay and close down unprofitable subsidiaries.
Japan Times
LIFE / Digital / NAME OF THE GAME
Jan 17, 2002

Nintendo's Arakawa surprises with retirement announcement

Nobody really cared who the president of Nintendo of America was when Minoru Arakawa founded the company in 1980. With games like "Radarscope" and "Sheriff," it was just another Taito wannabe trying to break into the U.S. arcade market.
COMMUNITY
Jan 13, 2002

The real deal in Kansai's kitchen

OSAKA -- Osaka's Kuromon Market has never ceased to fire the Japanese public imagination in its 180 years of existence. Back in the 1940s, it was described in Sakunosuke Oda's novels, including his well-known "Meotozenzai." And these days, Kuromon is on television, in a popular NHK morning serial "Honmamon"...
COMMUNITY
Jan 13, 2002

Time catches up with old men and the sea

HAKODATE, Hokkaido --Kenji Fujita sits among his crabs, the wood fire in a tin bucket at his feet a thin defense against the predawn chill. It's minus 3 degrees at Hakodate's famed morning market, the pitch darkness of 4 a.m. adding layers to the cold.
COMMUNITY
Jan 13, 2002

Seafood central: Tokyo's Tsukiji market

"For Japanese, fish is the very best thing in the world," Sadao Ohashi declares with pride as he pushes his medieval-looking, two-wheeled wooden cart at jogging speed, maneuvering a load of mackerel, squid and sea bream through the moving maze of carts, people and battered one-man trucks that throng...
BUSINESS / ON MANAGEMENT
Jan 1, 2002

Don't let 'star' staff dazzle your judgment

Assessing performance ought to be every manager's meat, the one area in which he or she strives to obtain as fair and equitable a result as possible. Yet as we at IMG work with Sports Illustrated to produce our annual "Sportsman of the Year" gala, I'm frequently reminded of the capricious and mysterious...
BUSINESS
Dec 29, 2001

Japan not head over heals for Cuba

Will Japan ever fall for Cuba?
BUSINESS
Dec 29, 2001

Sony in talks with Fujitsu over Nifty

Sony Corp. is negotiating with Fujitsu Ltd. to acquire Internet service provider Nifty Corp., a Fujitsu subsidiary, industry sources said Friday.

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