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BUSINESS
Nov 26, 2004

Drugmakers Dainippon, Sumitomo to merge in '05

Dainippon Pharmaceutical Co. and Sumitomo Pharmaceuticals Co. said Thursday they have reached a basic agreement to merge next Oct. 1, creating one of the 10 biggest pharmaceutical companies in the nation in terms of sales.
BUSINESS
Nov 25, 2004

Tertiary industry activity rose 0.1% in September

The tertiary industry activity index increased 0.1 percent in September from the previous month for the second straight monthly gain, after increasing 0.3 percent in August, the government said Wednesday.
BUSINESS
Nov 16, 2004

Kumagai Gumi, Tobishima scrap planned merger

Struggling second-tier construction companies Kumagai Gumi Co. and Tobishima Corp. will scrap their planned April 1 merger, the two companies announced Monday.
Japan Times
BUSINESS / INDUSTRY TRENDS
Nov 10, 2004

Battery makers hoping to spark new interest

Dry-cell batteries have always been a relatively low-profile affair, with most consumers paying little attention to which brand they use for their flashlights or remote control devices.
BUSINESS
Nov 10, 2004

Toshiba sues ex-partner Hynix over patent infringement case

Toshiba Corp. said Tuesday it has filed patent infringement lawsuits against South Korea's Hynix Semiconductor Inc. both in Japan and the United States, claiming it has violated Toshiba's flash memory patents.
BUSINESS
Nov 9, 2004

Kokudo not to sell Seibu Lions, for now

Kokudo Corp. said Monday it will not sell the Seibu Lions professional baseball club.
JAPAN
Nov 7, 2004

Seibu Lions ballclub up for sale

Scandal-tainted Kokudo Corp. has decided to sell the Seibu Lions baseball team for more than 20 billion yen, sources said Saturday.
BUSINESS
Nov 6, 2004

Training costs cut McDonald's profit

McDonald's Holdings Co. (Japan) said Friday its third-quarter operating profit fell 19 percent to 1.73 billion yen because it spent more on training workers.
BUSINESS
Nov 5, 2004

Yamanouchi Pharmaceutical off 31%

Yamanouchi Pharmaceutical Co. said Thursday its group net profit dived 30.9 percent from a year earlier to 20.03 billion yen in the first half of the 2004 business year due to a series of one-off losses.
BUSINESS
Nov 5, 2004

Toshiba, TCL jointly agree to make appliances in China

Toshiba Corp. and TCL International Holdings Ltd. of China signed a contract Thursday to jointly manufacture and market household appliances in China, Toshiba officials said.
Japan Times
BUSINESS
Nov 3, 2004

Automakers focus on disabled drivers at 38th motor show

MAKUHARI, Chiba Pref. -- Automakers over the last decade have expanded their lineup of vehicles catering to the needs of disabled people and the elderly.
BUSINESS
Nov 2, 2004

Oki Electric sets up chip subsidiary in Shanghai

Oki Electric Industry Co. said Monday it has established a semiconductor marketing and design company in Shanghai to expand its business in China, with the aim of achieving a threefold increase in sales there by March 2007.
COMMENTARY
Nov 1, 2004

Universities lack will to reform

Half a year has passed since Japan's national universities gained corporate status. The aim of the incorporation, initially at least, was to make university management efficient. What has changed, or has not changed, in substance? How much progress toward efficiency has been made, or is likely to be...
EDITORIALS
Oct 30, 2004

Mr. Tsutsumi's lack of accountability

To the dismay of many people, the stock scandal involving Seibu Railway Co. has exposed a cloistered corporate culture. Seibu -- which went public more than half a century ago -- allegedly filed a false securities report to the Tokyo Stock Exchange (TSE). It is also suspected of illegal insider trading....
BUSINESS
Oct 23, 2004

Seibu Railway exec quits over Kokudo share deal

Seibu Railway Co. said Friday one of its managing directors has resigned to take responsibility for his involvement in parent Kokudo Corp.'s dubious sales of shares in the railway operator.
BUSINESS
Oct 21, 2004

Kokudo withheld info in rail share deal

Kokudo Corp. sold some of its shares in Seibu Railway Co. without telling buyers that the railway firm's stock ownership conditions met delisting standards, sources familiar with the matter said Wednesday.
BUSINESS
Oct 19, 2004

JAL, ANA meet different needs

In February, Japan Airlines Corp. surprised the industry by announcing it would replace its super-seat luxury class, which had been in place for 18 years, with a new, cheaper class on domestic flights.
BUSINESS
Oct 15, 2004

Uniqlo annual net profit up 50% on women's clothes

Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Thursday its net profit jumped 50 percent to 31.37 billion yen for the year ended Aug. 31, with a revamped women's clothing line luring back customers.
JAPAN / Media / MEDIA MIX
Oct 10, 2004

Women get their own killer matchmaking magazine

It's said that sales is not a science but an art. No one really believes that salesmen are only as good as the product they're pushing. They basically sell themselves. Their art is the art of self-promotion, and often the product is beside the point.
BUSINESS
Oct 8, 2004

Key gauge signals economic contraction

A key gauge of the current state of Japan's economy plunged below the boom-or-bust line of 50 percent in August for the first decline in 16 months, the government said Thursday.
EDITORIALS
Sep 20, 2004

Updating the defense program

The government is stepping up efforts to revise the 1995 Defense Program Outline, which sets guidelines for the buildup of the Self-Defense Forces. A revision is considered necessary in light of recent changes in the security environment surrounding Japan. Beyond adjusting to reality, though, it is essential...
Japan Times
BUSINESS
Sep 2, 2004

Unavoidable as death, beer taxes

Since ancient times, alcohol has been an important source of tax revenue for rulers.
COMMENTARY
Aug 29, 2004

Refighting the Medicare budget battle

WASHINGTON -- Medicare, which offers health-care coverage for America's elderly, faces trillions of dollars of unfunded liabilities. Unfortunately, legislators are constantly tempted to increase benefits and thus spending. They should resist their inner darkness as the Bush administration attempts to...

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