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BUSINESS
Mar 13, 2001

Shareholder sues MMC execs over defect coverup scandal

A shareholder of Mitsubishi Motors Corp. filed a suit Monday with the Tokyo District Court demanding 11 former MMC executives pay some 1.18 billion yen in compensation for the company's losses due to the coverup of auto defects and customer complaints.
BUSINESS
Mar 10, 2001

DoCoMo sees higher sales of advanced cellphones

NTT DoCoMo Inc. is considering raising its initial-year sales projection for its next-generation mobile phone series to be released in May, from 150,000 units to 200,000, company officials said Friday.
SOCCER / J. League
Mar 9, 2001

Bad days are over, but J. League must change with the times

When the J. League was launched on May 13, 1993, it had 10 teams in a single-division format. Since then, the league has grown and now consists of 28 teams in two divisions.
LIFE / Digital / CYBERIA
Mar 7, 2001

Great Domain Robbery

I got a whiff of this story last week at Inside.com. It was in a news brief about a journalist who had floated details about a company that would soon offer new top-level domain names.
COMMUNITY
Mar 6, 2001

Foreign manager discovers strength in the face of adverse circumstances

SHIBUKAWA, Gunma Pref. -- There are probably few foreign nationals in the country who have found themselves charged with running a traditional Japanese company.
BUSINESS
Mar 6, 2001

Matsushita to boost overseas output

Matsushita Electric Industrial Co. said Monday it plans to produce 3.4 trillion yen worth of products at its overseas plants in fiscal 2003, a 1.7-fold increase over fiscal 2000 ending March 31.
BUSINESS
Mar 1, 2001

Cheap burgers add sauce to McDonald's sales

Favorable sales of half-priced hamburgers boosted earnings of McDonald's Co. (Japan) last year, with its sales for 2000 expanding 9.3 percent to a record high of 431.1 billion yen for the seventh straight year-on-year rise, the company said Wednesday.
BUSINESS
Feb 28, 2001

New NEC PC able to pick up digital TV

NEC Corp. in March will launch Japan's first desktop personal computers capable of receiving digital satellite television broadcasts, the company said Tuesday.
BUSINESS
Feb 27, 2001

FamilyMart to close 500 shops

FamilyMart Co., the third-largest convenience store chain operator, will close some 500 unprofitable shops during fiscal 2001, the company announced Monday.
JAPAN
Feb 25, 2001

Workers likely to receive 2% pay increase in 2001

Trade union officials, company executives and labor experts believe current wage negotiations will result in a 2 percent pay raise for the coming fiscal year, the same increase as last year, according to a survey by a private labor think tank.
BUSINESS
Feb 22, 2001

Sogo hits the comeback trail

Failed department store operator Sogo Co. made a fresh start Wednesday under the auspices of Seibu Department Stores Ltd. with the launch of a new company to oversee Sogo's 13 remaining outlets.
BUSINESS
Feb 21, 2001

Matsushita slashes fiscal 2000 projections, posts quarterly loss

Matsushita Electric Industrial Co. officially revised its fiscal 2000 earnings projections Tuesday due to declining prices of personal computers and decreased demand for cellphones, company officials said Tuesday.
JAPAN
Feb 20, 2001

Ex-lawyer gets four years for fraud

A former lawyer was sentenced to four years in prison Monday for defrauding a Tokyo company of some 400 million yen in 1991.
ENVIRONMENT
Feb 14, 2001

Sakhalin oil sparks hopes and fears

YUZHNO-SAKHALINSK, Russia -- Sakhalin Island is a remote former penal colony where the sea freezes for up to six months a year and villagers have been known to sleep in tents pitched in their bedrooms when the central heating fails.
JAPAN
Feb 10, 2001

Public works bid-rigging said widespread

Takehiko Mori says he is confessing to his crime now that the three-year statute of limitations for the offense has expired.
JAPAN
Feb 2, 2001

MMC defect coverup handed to prosecutors

Prosecutors on Thursday received papers on Mitsubishi Motors Corp. and nine current and former MMC executives suspected of systematically concealing customer complaints and vehicle defects in 1999.
JAPAN
Feb 2, 2001

MMC defect coverup handed to prosecutors

Prosecutors on Thursday received papers on Mitsubishi Motors Corp. and nine current and former MMC executives suspected of systematically concealing customer complaints and vehicle defects in 1999.
BUSINESS
Feb 1, 2001

Phyto Lierac targets Japanese pursuit of beauty

Numerous aesthetic salons, fitness clubs and magazines featuring makeup techniques provide steadfast evidence of how seriously Japanese women, regardless of their age, take the pursuit of physical beauty.
JAPAN
Feb 1, 2001

Snow Brand closes Osaka factory

OSAKA -- Snow Brand Milk Products Co. on Wednesday closed down its plant in Osaka following last summer's food-poisoning outbreak caused by low-fat milk and yogurt manufactured there, company officials said.
BUSINESS
Feb 1, 2001

Sega Corp. shuts down Dreamcast production

Video game giant Sega Corp. officially announced Wednesday it will halt production of its loss-making Dreamcast game console by the end of March and shift to game software.
BUSINESS
Jan 31, 2001

Matsushita Electric unit announces share buyback

OSAKA -- Matsushita Electric Works Ltd. announced Tuesday that it will buy back 50 million of its shares for cancellation over the next three years.
BUSINESS
Jan 30, 2001

Mycal to unload health club stake

OSAKA -- Mycal Corp. supermarket chain and game software developer Konami Co. said Monday they have agreed on the sale of a majority stake in People Co., a major health club chain belonging to the Mycal group, by late February.
JAPAN
Jan 28, 2001

Egalitarian values stifle creativity: researcher

The egalitarianism embedded in Japanese society deprives researchers and scholars of the economic incentives to pursue creative and innovative studies, according to 46-year-old Shuji Nakamura.
BUSINESS
Jan 24, 2001

NTT unit eyes local calls

NTT Communications Corp., a major long-distance and international telecom carrier, will enter the local-call market in May, company officials said Tuesday.
BUSINESS
Jan 18, 2001

Toyobo shifts focus

Major spinning firm Toyobo Co. will shift the emphasis of its business from traditional mainstay textile products to more profitable nontextile areas such as chemicals and biotechnology-related products, according to company officials.
BUSINESS
Jan 11, 2001

NEC plans to spin off specialized chip unit

NEC Corp. plans to spin off its semiconductor business for high-speed communications networks, as demand is expected to grow in coming years, the company said Wednesday.
BUSINESS
Jan 10, 2001

Suntory director vows to make beer division profitable

Leading alcoholic beverage producer Suntory Ltd. on Tuesday pledged to make its beer production division profitable in 2001 for the first time in nearly four decades.
BUSINESS
Jan 8, 2001

Microsoft shows off the Xbox

LAS VEGAS, Nev. -- Attendees at the 2001 Consumer Electronics Show on Saturday were given the first public viewing of Xbox, the new 128-bit video game console being developed by computer software giant Microsoft.
JAPAN
Dec 31, 2000

Pioneering diesel engine developed by Fuji Heavy

Fuji Heavy Industries Ltd., maker of Subaru cars, has developed what it claims is the world's first horizontally opposed diesel engine and eventually plans to install it in a model to be launched in Europe, a Fuji senior managing director said Saturday.

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