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BUSINESS
Feb 21, 2002

Asahi Breweries rides 'happoshu' wave into the black

Leading Japanese brewer Asahi Breweries Ltd. said Wednesday it posted a net profit of 13.62 billion yen in its business year to Dec. 31, helped partly by its entry into the "happoshu" market last February.
COMMENTARY
Feb 16, 2002

Enron's pain will lead to future gain

WASHINGTON -- With the rubble still smoldering from Enron's bankruptcy, the U.S. Congress is attempting to score points by interrogating the international energy company's managers. Former CEO Jeffrey Skilling faced rough going before a congressional hearing; only by invoking the Fifth Amendment did...
BUSINESS
Feb 16, 2002

McDonald's logs '01 sales decline on mad cow scare

Ltd. said Friday it suffered a sharp decline in unconsolidated profits in 2001 due to falling hamburger sales after the mad cow disease outbreak in September. The fast food operator also announced that as part of a drive to reverse this trend it has agreed with Pret A Manger, a London-based sandwich...
JAPAN
Feb 9, 2002

Foreign firms draw both keen, reluctant Japanese

Strictly businesslike.
JAPAN
Feb 8, 2002

Are cell phones becoming too disruptive?

Masahito Tagami spent some 900,000 yen on a relay antenna system when he opened an "izakaya" restaurant in the basement of a building in Shibuya Ward, Tokyo, last April, so that customers could use their mobile phones.
BUSINESS
Feb 8, 2002

Mitsubishi saw profit dive 45% in third quarter

Mitsubishi Corp. said Thursday its group net profit in the October-December period plunged 45.3 percent from a year earlier to 10.43 billion yen on operating revenue of 3.37 trillion yen, down 4.5 percent.
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.
JAPAN
Feb 7, 2002

Baldness may be cured -- in 2010

OSAKA -- Sumitomo Electric Industries Ltd. said Wednesday it has developed a synthesized protein that can help reactivate dormant hair root cells.
JAPAN
Feb 7, 2002

Checks of large MMC vehicles reveal hub abrasions

Mitsubishi Motors Corp. said Wednesday that in voluntary checks of 5,598 large vehicles made after an accident last month in Yokohama, it found that hubs on 8.6 percent of them showed signs of abrasions.
Japan Times
JAPAN / WORKING IT OUT
Feb 6, 2002

Middle-aged job seekers facing age discrimination

When Masao Suzuki heard his company was offering an early retirement program that paid out 2.5 times the regular amount, he figured it was time to move on. But first he has to find a new job.
BUSINESS
Feb 1, 2002

Tokio, Asahi Mutual scrap tieup

The merger of Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co.'s life insurance businesses, touted for March 2003, has been scrapped. The decision, reached during a meeting Thursday morning between Tokio Marine President Kunio Ishihara and Asahi Mutual President Yuzuru Fujita, has...
BUSINESS
Jan 31, 2002

Life, nonlife insurers scrap tieup

Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co. have decided to scrap their plans to integrate under a single holding company by March 2003 due to the cautious stance of the nonlife insurer, sources from the two companies said Wednesday.
JAPAN
Jan 30, 2002

Snow Brand admits units in Kanto also in on scams

Snow Brand Food Co. acknowledged Tuesday that two of its Kanto-based meat units also misstated imported beef as domestic meat in early November in an attempt to reduce inventories and win government subsidies related to the outbreak of mad cow disease in mid-September.
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.
BUSINESS
Jan 25, 2002

Mitsukoshi to get new president

Japan's leading department store chain, Mitsukoshi Ltd., plans to name senior executive director Taneo Nakamura as company president, company sources said.
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
Jan 18, 2002

Ozaki tied to rigged hospital bid

Construction company Kajima Corp. and two political secretaries named in recent scandals competed for work on the same hospital building project in Yamagata Prefecture in the late 1990s, industry sources said Thursday.
BUSINESS
Jan 17, 2002

MHI may close machine tool plant

Mitsubishi Heavy Industries Ltd. is considering closing its large-scale machine tool manufacturing plant in Hiroshima as early as 2003 due to slack demand, company officials said Wednesday.
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.
JAPAN
Jan 12, 2002

Kato says no evidence links him to tax scandal

Koichi Kato, former secretary general of the ruling Liberal Democratic Party, said Friday there is no evidence implicating him in a tax evasion scandal concerning his secretary and maintained the aide had properly handled political funds.
MORE SPORTS
Jan 4, 2002

Kwansei Gakuin prevails in Rice Bowl

The collegiate champion Kwansei Gakuin University Fighters not only beat the X League champion Asahi Beverage Challengers but also shut down criticism that the annual national championship game should not be played between the college and company leagues.
BUSINESS
Dec 22, 2001

NKK and Kawasaki Steel to team up as JFE Group

NKK Corp. and Kawasaki Steel Corp. plan to rename themselves JFE Group when they merge under a joint holding company in October, the firms announced Friday.
BUSINESS / ON MANAGEMENT
Dec 18, 2001

Rampaging egos make perfect targets

We human beings are strange creatures. We'll work and slave and sweat blood to turn an idea into reality -- to start a business, compose an opera, run for political office or, most commonly, to create an initiative at our companies. And yet, when we do succeed, we immediately put everything we've worked...
CULTURE / Books / THE ASIAN BOOKSHELF
Dec 16, 2001

Young Japanese struggle to find their way

As another year comes to an end, the Japanese media continue to wonder at the new generation at school and at work. The term "shinjinrui" (new species) seems to have fallen out of use but the prevailing attitude is still one of bemusement and even dismay.
BUSINESS
Dec 7, 2001

Expect more firms to follow Aoki as banks clean loan mess

Major construction company Aoki Corp. filed for court protection Thursday, unable to seek further aid from its creditors. The collapse is a foretaste of more to come, as banks hurry to clear their books of bad debts.
BUSINESS
Dec 7, 2001

Teijin pulls out of power-selling study thanks to Enron

Major chemical and textile maker Teijin Ltd. said Thursday it will scrap a feasibility study with a Delaware company on selling power in Japan due to the failure of the U.S. firm's parent, Enron Corp.
‘Demon Slayer’ movie slashes its own box office records
“Demon Slayer: Kimetsu no Yaiba Infinity Castle” is the first installment in a trilogy that's set to wrap the anime adaptation of Koyoharu Gotoke's manga about sword-wielding heroes fighting man-eating demons.
Kyoto University researchers find mechanism behind malignant pancreatic cancer
Pancreatic cancer, the third-leading cause of cancer death in Japan, has the lowest five-year survival rate of any cancer at just 8.5%.
Tokyo is the No. 2 choice for international students
The University of Tokyo. International students are increasingly flocking to Asia, with affordability being a particularly important metric.
Ishiba rules out joint document on U.S. tariffs as deal's details trickle out
Prime Minister Shigeru Ishiba delivers a speech at an event in Karuizawa, Nagano Prefecture, on Friday afternoon.
Japan's average life expectancy in 2024 almost unchanged from 2023, data shows
The average life expectancy of Japanese citizens in 2024 is 81.09 years for men and 87.13 years for women, according to the health ministry.
Behind the scenes: Inside Fuji Rock’s strategy for staying on top
In recent years, Fuji Rock has had fewer blockbuster performers and showcased more top-selling Japanese acts and international musicians' first-time performances in Japan.
Tokyo is the No. 2 choice for international students
The University of Tokyo. International students are increasingly flocking to Asia, with affordability being a particularly important metric.
Hall of Fame always held deeper meaning for Ichiro
Ichiro presents then-Hall of Fame President Jeff Idelson with the bat he used to break the single-season hits record in 2004.
Japan leans into homegrown AI amid rising competition
McKinsey’s 2025 Technology Trends Outlook, published Wednesday, says that the use of “sovereign AI” is a trend gaining significant global traction, including in Japan.
JT picks: What not to miss at Fuji Rock 2025
Fuji Rock Festival turns the green slopes of Niigata Prefecture’s Naeba Ski Resort into a summer escape that offers soundtracks for every mood.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Jason Coskrey

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