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September 06, 2025
 

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BUSINESS
Mar 11, 2003

Ando to inject Hazama with 1 billion yen

Midsize general contractor Ando Corp. said Monday it has agreed to forge a capital tieup with Hazama Corp., seeking to inject the troubled builder with 1 billion yen through the purchase of preferred shares.
BUSINESS
Nov 8, 2002

Towa requests second bailout from banks of 230 billion yen

Towa Real Estate Development Co. said Thursday it is seeking a 230 billion yen bailout package from UFJ and other creditor banks under a new five-year restructuring program.
JAPAN
Aug 7, 2002

Suzuki bribe info faxed to property firm

The Tokyo District Public Prosecutor's Office mistakenly faxed a witness account about indicted lawmaker Muneo Suzuki's bribery case to a Tokyo real estate firm in June, a top official of the office said Tuesday.
COMMUNITY / Issues / THE ZEIT GIST
Jun 6, 2002

Looking at the bright side of Japan's cash woes

One of the most soul-destroying experiences of my life in Japan occurred back in 1986.
BUSINESS
May 29, 2002

Condo firm Haseko crumbles into the red

Condominium builder Haseko Corp. said Tuesday its group net balance sank into the red in the 2001 business year, due chiefly to latent losses on its real-estate holdings for sale and on other fixed assets.
BUSINESS
Mar 30, 2002

Matsushita kin to help debt-ridden developer

OSAKA -- The family of the late Konosuke Matsushita, founder of the Matsushita group, has decided to extend financial help to Matsushita Investment & Development Inc., a debt-ridden real-estate developer, industry sources said Friday.
BUSINESS
Feb 28, 2002

Matsushita plans to sell Osaka towers

OSAKA -- Matsushita Investment & Development Inc., a real estate developer in the Matsushita group, plans to securitize its twin towers in Osaka and other properties and sell them to investors for some 60 billion yen, company sources said.
BUSINESS
Feb 24, 2002

Banks offer 500 billion yen to aid Daikyo

UFJ Bank, Dai-Ichi Kangyo Bank and Asahi Bank have entered informal talks with Daikyo Inc. on the provision of up to 500 billion yen in financial assistance to Japan's largest condominium builder, industry sources said Saturday.
BUSINESS
Jan 10, 2002

Residential land prices decline again

The nation's land prices in eight major residential areas declined in 2001, a private-sector survey showed Wednesday.
BUSINESS
Oct 27, 2001

Market slump damages Daiwa's interim earnings

Daiwa Securities Group Inc. said Friday its group pretax profit for the first half of fiscal 2001 plunged 98.9 percent from a year earlier to 1.18 billion yen.
JAPAN
Sep 19, 2001

Slayer of elderly land holder gets 15-year term

OSAKA -- An executive of a real estate firm was sentenced to 15 years in prison for murdering an 81-year-old woman who refused to vacate her house, which stood in the middle of a condominium construction site.
BUSINESS
Jun 1, 2001

Keidanren, bankers to work on debt relief

The Japan Federation of Economic Organizations (Keidanren) and the Japanese Bankers Association have agreed to begin working on guidelines for banks to forgive loans to troubled corporate borrowers, Financial Services Minister Hakuo Yanagisawa said Thursday.
BUSINESS
Apr 7, 2001

Doubts linger over loan disposal

The emergency economic measures unveiled Friday, which focus on reducing banks' sour loans, leave unanswered the key questions that will determine their success.
BUSINESS
Mar 28, 2001

Ministers ordered to have emergency plan by early April

Prime Minister Yoshiro Mori instructed his economic ministers Tuesday to compile by early April a package of emergency economic measures to support Japan's fragile economy, government officials said.
JAPAN
Mar 1, 1999

Recruit sells building to U.S. firms

Recruit Co., a major information service company, has sold its office building in front of JR Kawasaki Station to two U.S real estate firms as part of efforts to reduce its huge debts, informed sources said Monday.
JAPAN
Nov 25, 1998

Prejudice evident in house hunting, foreigners' panel says

Although many apartments remain vacant during the prolonged recession, foreign residents in Tokyo are still finding it extremely difficult to rent accommodations, participants of a foreign residents' advisory panel to the Tokyo governor said Wednesday.
JAPAN
Apr 2, 1998

Business groups unhappy with government steps

Reflecting the poor business sentiment shown by the Bank of Japan's latest "tankan" survey, business leaders Thursday criticized the government for its vague economic measures.
JAPAN
Jul 4, 1997

Contractor files for bankruptcy

A medium-size general contractor listed on the first section of the Tokyo Stock Exchange effectively went bankrupt July 4 due to real estate-related debts that inflated after the burst of the bubble economy in the early 1990s.
Japan Times
ASIA PACIFIC
Jan 26, 2023

Exodus of wealthy Chinese accelerates with end of 'zero-COVID'

Many rich Chinese have begun traveling overseas to check out real estate or firm up plans to emigrate, threatening a brain drain in the world’s second-largest economy.
Japan Times
WORLD / Crime & Legal
Feb 27, 2013

Interviews with 'evil personified' reveal very different men

He shuffled into the room and stopped, plexiglass and cinderblocks framing his slight figure. He looked much as I remembered him from nearly a decade earlier: big eyes in a boyish face, a thin build, long fingers, waist chains. But his eyes, once cold and flat, had mellowed into something resembling...
COMMENTARY / World
Sep 20, 2007

Worldwide bubble trouble

NEW HAVEN, Connecticut — The future of the housing boom, and the possible financial repercussions of a substantial price decline in coming years, are a matter of mounting concern among governments around the world.
Japan Times
BUSINESS
Dec 13, 2021

What could possibly go wrong? These are the biggest economic risks for 2022

Governments spent heavily to support workers and businesses in the pandemic. Many now want to tighten their belts.
Japan Times
ASIA PACIFIC
Aug 3, 2013

China tunes in to public opinion

More than ever before, China's rulers are actually listening to their people, reacting quickly to contain potential crises that could threaten one-party control. With its ability to control the Internet increasingly challenged, China's Communist Party has had to change its game.
Washington is worried that Beijing’s struggles with high unemployment and an aging workforce make China “a ticking time bomb.”
COMMENTARY / World
Aug 21, 2023

America’s ‘new’ China narrative: A wounded dragon

The new China narrative is really about the West, its lead in technologies, the free market, wielding power and keeping all challengers at bay.
An office worker in London. A new report found that 36% of so-called workpoints — cubicles and desks — are never occupied, "indicating a general oversupply.”
BUSINESS / Companies
Aug 23, 2023

More than one-third of desks globally sit empty all week long

The dearth of desk usage could prompt employers to rethink their real estate needs.
As China slips into deflation, one word is popping up more and more to describe the gloomy atmospherics: "Japanification."
COMMENTARY / Japan
Aug 30, 2023

'Japanification' for China? It should be so lucky.

China is not on the path to global dominance nor set for collapse, and observers should consider the various shades of gray in analyzing these countries.
Kyoko Yafuso and her son Keiju Togei pose in front of their store in the Sunrise Naha shopping street.
JAPAN / Society / Regional Voices: Okinawa
Sep 4, 2023

Tired Naha shopping arcade evolves into city’s best dining spot

Until about 10 years ago, the central shopping arcade around the Heiwa-dori street in Naha was deserted, with most stores closed and few visitors.
Bangladesh is a South Asian time bomb
Many Bangladeshis hoped that the overthrow of long-time leader Sheikh Hasina last year would revitalize the country’s democracy after an authoritarian lurch under the “iron lady.” Instead it has led to proliferating human-rights abuses, intensifying repression and widespread Islamist violence.
‘Confugenics’ and East Asia's demographic crisis
East Asia’s fertility plunge is driven not just by financial costs but by perfectionist cultural expectations that burden parents with intense educational and social demands.
Tropical Storm Peipah brings heavy rain to parts of western Japan
Tropical Storm Peipah made landfall in western Japan on Friday, prompting the Japan Meteorological Agency to issue warnings of landslides and other disasters due to heavy rainfall in several areas.
Trump signs order reducing tariffs on Japanese autos
U.S. Commerce Secretary Howard Lutnick and Ryosei Akazawa, Japan’s chief tariff negotiator, shake hands.
Tamagotchi hatches 100 million shipments worldwide thanks to ’90s nostalgia
The latest version of Tamagotchi, called Tamagotchi Paradise, is awarded the best digital toy at Tokyo Toy Show on Aug. 28.
London’s calling and sumo’s top division — along with Hello Kitty — are ready to answer
Yokozuna Hoshoryu and Hello Kitty, an ambassador for sumo's upcoming tour to London, at Tokyo's Kokugikan on Tuesday
Resonac creates 27-member consortium to pursue advanced chip developments
Representatives from member companies of JOINT3, a consortium working together on semiconductor-related developments announced by Resonac, pose for a photo in Tokyo on Wednesday.
Haru Nemuri’s radical new album refuses easy listening
Musician Haruna Kimishima, better known as Haru Nemuri, confronts Japan’s politics, nationalism and censorship on her recent output.
Overseas sluggers step up to bat in small-town Hokkaido
The Betsukai Pilot Spirits welcomed new players (left to right) Yuta Yamanaka, Roman Guthrie, Scott Bellina and Leo Jiminian this year, pictured here with Yassir Lachkar of the Ishikari Red Phoenix.
Xi — joined by Kim and Putin — delivers stark warning at military parade
Chinese leader Xi Jinping walks with Russian President Vladimir Putin and North Korean leader Kim Jong Un before a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing on Wednesday.

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

SUSTAINABLE JAPAN

We are pleased to announce the winners of the 6th annual Sustainable Japan Award.
We are pleased to announce the winners of the 6th annual Sustainable Japan Award.

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