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JAPAN
Jul 4, 2006

Nikkei ad exec linked to inside trading

The Tokyo District Public Prosecutor's Office is mulling charging an employee of Nihon Keizai Shimbun Inc. with insider trading, sources said.
Japan Times
LIFE
Jun 25, 2006

Lives in their hands

Uniformed officials of East Japan Railway Co. are solemnly but methodically at work. Their train has just made an emergency stop after running over a middle-age man, who is either unconscious or dead. The driver radios the control office in central Tokyo, from where police and an ambulance are alerted....
BUSINESS
Jun 22, 2006

Former UFJ exec eyed as first chief of postal bank

The government will appoint Hideo Ogasawara, who once headed the former UFJ Holdings Inc., to head the banking unit to be created when Japan Post is privatized in October 2007, sources said Wednesday.
BUSINESS
Jun 9, 2006

Skylark to carry out largest MBO in Japan history

Family-style restaurant chain Skylark Co. announced Thursday its management will buy all outstanding company shares to become private, making it the largest management buyout bid in Japanese history.
BUSINESS
Jun 3, 2006

Sompo Japan chief resigns; 6.5 million yen error revealed

The president of Sompo Japan Insurance Inc. resigned Friday to take responsibility for the firm's misconduct that resulted in a business suspension order, while the insurer announced it mistakenly collected 6.5 million yen in premiums due to a clerical error.
BUSINESS
May 31, 2006

Vodafone logs 69.4% profit fall on high sales, customer retention costs

Vodafone K.K., which was purchased in April by Internet investor Softbank Corp., said Tuesday its net profit fell by 69.4 percent to 49.5 billion yen on sales of 1.47 trillion yen in fiscal 2005 due to higher sales promotion costs associated with attracting subscribers to its 3G phone service.
BUSINESS
May 27, 2006

Internships popular with companies, universities

The nation's universities and companies have taken a cue from the West and are increasing their participation in internship programs, which are being praised for not only motivating future workers but also for giving them a leg up in real-world job skills.
BUSINESS
May 26, 2006

FSA orders Sompo suspension

The Financial Services Agency on Thursday ordered Sompo Japan Insurance Inc. to suspend most of its operations for two weeks at all of its offices nationwide for illegal sales practices.
BUSINESS
May 25, 2006

Sompo Japan president to resign amid scandals

Sompo Japan Insurance Inc. President Hiroshi Hirano announced Wednesday that he will become chairman in late June after being replaced by Managing Director Masatoshi Sato as the company deals with scandals that have drawn sanctions from the government.
BUSINESS
May 22, 2006

Livedoor sets shareholders' meeting for June, will kill investment units

Livedoor Co. will hold an extraordinary shareholders' meeting June 14, the first such gathering since several of its executives were arrested, and select a new board of directors including some from outside the firm, company sources said Sunday.
EDITORIALS
May 20, 2006

Business profits pose challenges

One company after another is announcing good business results for the fiscal year ended March 31, 2006. Firms listed on the first section of the Tokyo Stock Exchange are reporting increased revenues and profits for the fourth consecutive year. They are expected to post record recurring profits for the...
BUSINESS
May 18, 2006

Honda to build three new plants

Honda Motor Co. announced business expansion plans Wednesday that include construction of a new factory in Japan and two more in North America by 2010 to meet increasing demand for its vehicles.
JAPAN
May 3, 2006

Japan Post defies efforts to slim down swollen ranks

Japan Post Corp. drafted a privatization plan Tuesday that calls for hiring more employees, directly contradicting one of the main reasons for its privatization.
JAPAN
May 1, 2006

12 sacked for taking coffee money

OSAKA (Kyodo A West Japan Railway Co. subsidiary has fired 12 workers and reprimanded 21 others for pocketing at least 5 million yen from sales of coffee served aboard sleeper express trains, the company said Sunday.
BUSINESS
Apr 20, 2006

Tokio Marine to buy Asia General of Singapore

Tokio Marine & Nippon Fire Insurance Co. plans to buy a full stake in Asia General Holdings Ltd., a Singapore-based insurance business holding company, in a bid to expand operations in the Southeast Asian market, company sources said Wednesday.
JAPAN
Apr 15, 2006

Cops want to quiz Chinese envoy for info on visa scam

Police want to question a Chinese Embassy official about a Chinese businessman who is suspected of helping Chinese nationals obtain Japanese work visas illegally, sources said Friday.
EDITORIALS
Apr 7, 2006

Nuclear safety called into question

A court ruling issued in late March concerning a power reactor in Ishikawa Prefecture has proved both rare and astounding. Saying that there is a problem with the earthquake-resistance design of the reactor, the court ordered a halt to the operation of the nuclear-power station -- the first ruling ordering...
BUSINESS
Apr 5, 2006

Softbank to borrow 1.28 trillion yen

Softbank Corp. plans to take out 1.28 trillion yen in loans to buy British mobile phone operator Vodafone Group PLC's Japan business, company sources said Tuesday.
BUSINESS
Apr 4, 2006

Top chains go toe-to-toe in discount apparel push

Large supermarkets that handle general merchandise are beefing up their marketing strategies, including developing own-brand goods, in response to the popularity of Uniqlo, GAP and other clothing specialty stores.
BUSINESS
Mar 29, 2006

Accounting firm's undoing: Livedoor

The Yokohama-based accounting firm that audited the books of indicted Internet firm Livedoor Co. is planning to disband in late June, company officials said Tuesday.
JAPAN
Mar 28, 2006

Kanebo's book-cooking execs avoid prison time

The Tokyo District Court handed suspended prison terms Monday to former Kanebo Ltd. President Takashi Hoashi and ex-Vice President Takashi Miyahara for colluding with auditors to cover up over 160 billion yen in capital deficits in fiscal 2001 and 2002.
BUSINESS
Mar 18, 2006

Softbank will buy Vodafone K.K.

Softbank Corp. said Friday it has reached an agreement with Vodafone Group PLC to buy 97.7 percent of its Japanese unit for 1.75 trillion yen in a move that will allow it to acquire Vodafone K.K.'s 15 million users and its nationwide mobile communications network.
JAPAN
Mar 17, 2006

Oil firms adjust footing amid Iran's nuclear follies

As tension mounts worldwide over the standoff concerning Iran's nuclear ambitions, Japanese oil companies are starting to take precautions as uncertainties surrounding the situation may force them to stop importing oil from the Islamic state.
Japan Times
LIFE
Mar 12, 2006

Women's voices

This story is part of a package on women in Japan. The introduction is here.

Longform

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.
With Hall of Fame induction, Ichiro makes himself heard loud and clear