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BUSINESS / TAKING STOCK
Feb 5, 2002

Healthy firms' stocks best

Tokyo stocks could remain in a consolidation phase until early next month, with the 225-issue Nikkei average moving between 9,500 and 11,000 and the broader-based Topix between 950 and 1,100.
BUSINESS
Feb 1, 2002

Manufacturer overtime decreased 8.5% last year

Overtime in the domestic manufacturing sector fell 8.5 percent from the previous year to an average of 12.6 hours a month in 2001, according to a government survey released Thursday.
JAPAN / Media / MEDIA MIX
Jan 27, 2002

Hi-Vision advocates display a lack of foresight

Being someone who isn't intimidated by purchases of electronics, I recently entered the digital age with an alarming lack of serious forethought. I bought a digital BS tuner. At less than 50,000 yen, it's hardly a huge investment by itself, but since being hooked up to my TV, it's caused me to reflect...
JAPAN
Dec 18, 2001

Only half of high school grads find jobs

High school students hoping to begin work after spring graduation are facing the nation's severest employment conditions ever, with just 50.7 percent of them having found post-graduation jobs as of the end of October, according to an education ministry survey released Monday.
BUSINESS
Dec 13, 2001

Seiko unit to produce in Thailand

Seiko Corp. said Wednesday its wholly owned subsidiary Seiko Precision Inc. will shift domestic production of camera devices to Thailand to enhance its competitiveness.
BUSINESS / ON THE FRONT LINE
Dec 5, 2001

Stock rally may be corporate red herring

A stream of disappointing corporate profit reports has thus far failed to spur extensive selloffs on the Tokyo stock market.
COMMENTARY / World
Dec 3, 2001

Jiang unleashes revolutionary change

CAMBRIDGE, England -- There is a long tradition in China of requiring the people to study the words of their political leaders. In the late 17th century, the whole population of China was required to come together in small groups twice a month to study and recite the "16 moral maxims" published by the...
COMMENTARY / World
Dec 2, 2001

Uptick noticed in N. Korean economy

LONDON -- There is a bustle on the streets of Pyongyang that has been sorely missing for at least five years. The shops -- never consumers' havens -- have some goods on the shelves. Restaurants on Changgwang Street, North Korea's pale equivalent of Tokyo's Ginza, are open and serving. Even street vendors...
JAPAN
Dec 1, 2001

Internet exchanges planned for Japan-China anniversary

Japan is planning to promote online exchanges with China in cultural, scientific and other fields next year when the two countries commemorate the 30th anniversary of the normalization of diplomatic ties, according to Foreign Ministry officials.
BUSINESS
Nov 30, 2001

Capital spending may drop in '01 despite planned rise

Actual fiscal 2001 capital outlays by Japanese firms are expected to shrink due to the effects of the Sept. 11 terrorist attacks in the United States despite corporate plans that would have resulted in a second year of increase, Industrial Bank of Japan said.
Japan Times
BUSINESS
Nov 27, 2001

Second budget takes page from Nakasone's book

Only 10 days after the first supplementary budget was enacted, the government performed an almost acrobatic feat to finance a second extra budget for this fiscal year -- tapping the proceeds from government sales of shares in Nippon Telegraph and Telephone Corp.
BUSINESS
Nov 24, 2001

Nonfinancial firms suffer steep falls in profit for first half

Nonfinancial companies listed on the first section of the Tokyo Stock Exchange incurred huge profit falls in the first half of the 2001 business year, reflecting the deepening information technology slump, according to a private research institute.
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

JAL reports plunge in interim profits, sees red for full year

Japan Airlines Co. said Thursday that the Sept. 11 terror attacks caused its interim net profit to plunge 61.3 percent to 16.4 billion yen and may lead the group into the red by the end of fiscal 2001.
JAPAN
Nov 16, 2001

Job growth tipped for environmental technologies

Promoting technologies that would ease climate change could boost economic growth and employment significantly by 2010, according to a report being put together by a think tank commissioned by the Environment Ministry.
BUSINESS
Nov 10, 2001

Hitachi promises faster DNA chip

Hitachi Software Engineering Co. plans to launch a next-generation DNA chip that promises to increase the speed and accuracy of the sequencing and mapping of the human genome, company officials said Friday.
BUSINESS
Nov 9, 2001

Machinery orders post 13.2% drop

Core private-sector machinery orders fell a seasonally adjusted 13.2 percent in September from the month before to 879 billion yen, the Cabinet Office said Thursday.
BUSINESS
Nov 9, 2001

Kyocera another victim of IT downturn

Kyocera Corp. said Thursday its consolidated net profit in the first half of the business year to Sept. 30 fell 64.1 percent from a year earlier to 19.1 billion yen due to sluggish demand for information technology products.
BUSINESS
Nov 8, 2001

Toshiba to idle 12,000 employees

Toshiba Corp. will idle the 12,000 employees in its semiconductor division for two to four days before the end of the year in an intensified cost-cutting effort to deal with the prolonged slump in the global information technology market, company officials have announced.
BUSINESS
Nov 7, 2001

0.9% contraction is expected

The government looks set to revise downward its economic forecast for fiscal 2001 to negative growth of around minus 0.9 percent from its original projection of 1.7 percent growth, government sources said Tuesday.
COMMENTARY / World
Nov 5, 2001

Preventing financial panic

American consumers have tightened their purse strings since the Sept. 11 terrorist attacks. In capitalist economies, the downtrend in consumption is disturbing for the future of the world economy.
JAPAN / JOB JITTERS
Nov 3, 2001

Retirement not always time to relax

The red, blue and green flags of labor unions fluttered in front of the towering headquarters of a major bank in Tokyo's Marunouchi business district in early September as about 200 workers shouted, "The bank ought to carry out its social responsibility" and "We don't forgive the bank for dismissing...
JAPAN / JOB JITTERS
Nov 3, 2001

Retirement not always time to relax

The red, blue and green flags of labor unions fluttered in front of the towering headquarters of a major bank in Tokyo's Marunouchi business district in early September as about 200 workers shouted, "The bank ought to carry out its social responsibility" and "We don't forgive the bank for dismissing...
BUSINESS
Nov 1, 2001

Nomura teams up with U.S. bank

Nomura Holdings Inc., the parent firm of Nomura Securities Co., said Wednesday it has formed an alliance with U.S. investment bank Thomas Weisel Partners Group LLC to coordinate cross-border mergers and acquisitions activity between Japan and the United States.
BUSINESS
Oct 23, 2001

New council aims to help terror-hit Okinawa tourism

The Okinawa Prefectural Government and the Land, Infrastructure and Transport Ministry agreed Monday to set up a council to promote tourism to Okinawa, where the industry has been suffering since the Sept. 11 terrorist attacks in the U.S.
BUSINESS
Oct 20, 2001

Yamaha revs up restructuring plan

Motorcycle maker Yamaha Motor Co. said Friday that it will give full management independence to sales unit Yamaha Motor Marketing Japan Co. in April.
BUSINESS
Oct 20, 2001

Economy policy council approves extra budget

The Council on Economic and Fiscal Policy on Friday approved an outline of a planned 2.7 trillion yen supplementary budget for this business year, with 1 trillion yen earmarked for structural reform measures.

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Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
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