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COMMENTARY / World
Mar 13, 2012

Public acceptance of high salaries for athletes contrasts with low regard for finance superstars

The biggest news around Cambridge in recent weeks has been Jeremy Lin, the Harvard economics graduate who has shocked the National Basketball Association by rising overnight from "nowhere" to become a genuine star, leading a losing New York Knicks team to an unlikely string of victories.
Japan Times
JAPAN / QUEST FOR RECOVERY
Mar 10, 2012

Summer power crunch looms large

As the closure of the nation's 54th and final reactor approaches, businesses and think tanks are starting to wonder whether Japan can survive next summer without atomic energy and a mandatory power-saving order.
BUSINESS
Mar 7, 2012

Reve21 taps CEO candidates for IPO, global push

Hair clinic operator Reve21 Co. shortlisted four candidates to replace founder and CEO Katsumasa Okamura and prepare the company for an initial public offering and expansion overseas.
COMMENTARY
Mar 5, 2012

Will American values outlast the social storm?

In 1924, the sociologist couple Robert and Helen Lynd arrived in a small Midwestern city they called Middletown (it was Muncie, Ind.) to study and survey the place.
COMMENTARY
Mar 3, 2012

How to push reform forward

Prime Minister Yoshihiko Noda has stated he would stake his political life on realizing integrated reform of the tax and social security systems. Japan's financial structure is worse than those of other advanced countries and even that of Greece, which was responsible for the euro crisis. Therefore it...
Japan Times
BUSINESS
Feb 29, 2012

Pedigree, big returns lured investors to AIJ

A pension fund based in Nagano Prefecture said it invested with AIJ Investment Advisors Co., whose business has been suspended by regulators, because it was run by a former Nomura Holdings Inc. manager and offered 7 percent returns.
Japan Times
BUSINESS
Feb 24, 2012

HSBC to withdraw from Japan consumer banking, close branches

HSBC Holdings PLC, Europe's largest bank, said it will withdraw from consumer banking in Japan, closing down six branches four years after starting the business.
BUSINESS
Feb 22, 2012

Panasonic to re-enter European mobile market with its first smartphone

Panasonic Corp. will re-enter the European mobile-device market in April with the company's first smartphone and expand the range of handsets to potentially include tablet computers.
JAPAN
Feb 18, 2012

Reform means the world for Todai

When Japan's leading university announced in January that it intends to shift undergraduate enrollment from spring to autumn in line with colleges worldwide, the plan created waves far beyond the academic world.
JAPAN
Feb 10, 2012

Unswayed by disaster, Iwaki spa hulas anew

A Hawaiian theme park that has propped up the economy of a rural town in Fukushima Prefecture for 45 years was forced to shut down after the March 11 disasters, but a little less than a year later the hula girls have returned.
BUSINESS
Feb 8, 2012

Toyota raises operating group profit forecast for full year to ¥270 billion

Toyota Motor Corp. on Tuesday raised its expectations for the business year to March, saying it now forecasts group operating profit of ¥270 billion on the back of rebounding sales in the United States and Europe as well as its cost-cutting efforts.
JAPAN / EXPLAINER
Feb 7, 2012

Bubble era's aviation legacy: Too many airports, all ailing

Japan has 98 airports, and most of them are operating in the red as a result of exaggerated demand forecasts and rampant, costly and arguably pork-barrel construction projects.
Japan Times
BUSINESS
Jan 26, 2012

Elpida may gain life support as chips slump

Elpida Memory Inc., facing a deadline to repay ¥93.5 billion in debt by April, may gain financial support for the second time in three years as the government seeks to keep the company alive amid a slump in the chip market.
BUSINESS
Jan 24, 2012

Weak euro's perks said few, unlike dollar's

Having reached a historic high against the dollar last year, the sky seems to be the limit for the yen as it forges on against the euro.
BUSINESS
Jan 14, 2012

MUFJ targeting acquisitions, retail to enter top three in Asian banking, deputy chief says

Mitsubishi UFJ Financial Group Inc., the nation's biggest bank, is shooting to become one of Asia's three biggest lenders by profit through acquisitions, funding infrastructure projects and expanding retail banking.
Japan Times
LIFE
Jan 8, 2012

Stop the presses and hold the front page

It was perhaps the biggest financial story of postwar Japan — or it should have been.Yamaichi Securities, one of the nation's four top brokerages, which was among the world's six largest in the 1980s, had in 1992 started to illegally bury millions of dollars in red ink off the books, setting up dummy...
Japan Times
BUSINESS
Dec 30, 2011

Nomura outduels Goldman

Nomura Holdings Inc. pulled ahead of Goldman Sachs Group Inc. to hold on to the top spot for mergers and acquisitions advisory work in Japan in 2011 after the two competed neck and neck during the last two months.
Japan Times
BUSINESS
Dec 30, 2011

Real estate unit projects 18% rise in condo sales in '12

Nomura Real Estate Holdings Inc. plans to boost its home sales by about 18 percent next year as a drop in housing inventories signaled a rebound after the March 11 earthquake.
Japan Times
BUSINESS
Dec 23, 2011

Sapporo battles for Vietnam 'guzzlers' as China beer market slows

Japanese brewers are looking past China's $57 billion beer market to a country with less than one-tenth the population: Vietnam.
BUSINESS
Dec 22, 2011

BOJ warns recovery has 'paused,' keeps rate policy

The Bank of Japan said Wednesday it will maintain its zero interest rate policy but gave a somber assessment that a pickup in economic activity has "paused."
COMMENTARY
Dec 21, 2011

Populism hinders globalization

The world is in a shroud of thick mist. At the time the Cold War ended, people around the world widely expected that globalization would make progress, the U.N.-centered order of peace would be maintained and market-economy-based global high growth would materialize. However, the ensuing reality has...

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb