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BUSINESS
Jun 11, 2004

Nonresident investors turn net sellers of Japan stocks

Nonresident investors became net sellers of Japanese stocks for the first time in 14 months in May, with sales exceeding purchases by 52.6 billion yen on a contract basis, the Finance Ministry said Thursday.
BUSINESS
Jun 8, 2004

Citizen, Seiko roll out thin radio-controlled watches

Watchmakers are turning to radio-controlled watches to beat out their Chinese and European counterparts, who tend to dominate the lower and higher ends of the market.
BUSINESS
Jun 5, 2004

Ailing Kanebo looks to trim liabilities on a huge scale over next three years

Kanebo Ltd. believes it can reduce its interest-bearing liabilities to less than one-seventh the current level over three years, according to sources.
Japan Times
Uncategorized
Jun 4, 2004

Insatiable thirst for English boosts language schools

You have probably come across a goofy rabbit waving a flag, a grim-faced businessman looking upward into the sky, or a smiling trio comprising a Japanese and two foreigners giving the thumbs up.
COMMENTARY
Jun 3, 2004

1-2 punch to modern health

LONDON -- In the "bad old days," tuberculosis and epidemics of infectious diseases were the main killers. In advanced societies today, the No. 1 killers are cardiovascular problems and various forms of cancer. Some of these diseases can be traced to hereditary causes, but lifestyle and environment are...
BUSINESS / JAPANESE PERSPECTIVES
May 31, 2004

Numbers show road to recovery fraught with inflationary risk

The preliminary GDP figures Japan released May 18 show that the gross domestic product in the January-March quarter expanded 1.4 percent (5.6 percent annualized) in real terms over the previous quarter. Compared with the same period in 2003, first-quarter GDP grew a robust 5.4 percent. The GDP has now...
Japan Times
LIFE / Food & Drink
May 30, 2004

How shochu got its groove back

A young woman was seated at the counter, her long hair tumbling down to her shoulders and resting softly on her beige jacket. In a matching skirt and heels, her long slim legs were revealed. Classy and elegant, she looked like she was ready for a glass of Dom Perignon.
BUSINESS
May 26, 2004

EU objects to Sony-BMG music merger

The European Commission has sent a statement to the music units of Japan's Sony Corp. and Germany's Bertelsmann AG, objecting to a proposed merger between the two units, a Sony official said Tuesday.
Japan Times
BUSINESS
May 25, 2004

Viewers upset over digital TV taping restrictions

Measures implemented by NHK and private TV broadcasting companies to control the copying of digital television programs have drawn a flood of complaints from TV users, with some saying they have been deprived of certain editing freedoms.
BUSINESS
May 25, 2004

Shinsei to settle 'fraudulent' sale of resort property

Shinsei Bank said Monday it has agreed to pay 21.8 billion yen in damages to a failed resort developer to settle a legal dispute over sales of the developer's properties by the bank's predecessor.
BUSINESS
May 22, 2004

Nonlife insurers record profit rise in fiscal 2003

The nation's seven major nonlife insurers on Friday reported an increase in net profit in fiscal 2003, with rising Japanese stock prices offsetting profit falls in their mainstay automobile insurance services.
BUSINESS
May 21, 2004

Namco sees profit surge 83.3%

Namco Ltd., a maker of video game software and hardware, said Thursday that its group net profit jumped 83.3 percent to 7.55 billion yen in fiscal 2003.
BUSINESS
May 21, 2004

Revolving door fatality dooms bonus

Sanwa Shutter Corp. said Thursday it will not pay bonuses to any of its 10 board members for fiscal 2003 due to a fatal accident involving one of the firm's revolving doors at Tokyo's Roppongi Hills complex.
BUSINESS
May 19, 2004

Big contractors ride out decline in public works

Japan's four largest construction companies on Tuesday reported bolstered earnings for the year through March, with the fruits of cost-cutting more than offsetting flat or even declining revenue.
BUSINESS
May 15, 2004

NTT logs record profit; outlook seems less rosy

NTT Corp. said Friday its net profit jumped 2.8-fold to a record 643.86 billion yen for the year through March, helped by strong earnings at its mobile phone unit, NTT DoCoMo Inc.
BUSINESS
May 13, 2004

Konami gets a kick back into profitability

Konami Corp. said Wednesday it returned to profitability in fiscal 2003 on strong overseas sales of soccer video games.
Japan Times
Features
May 9, 2004

Bridging cultures with books

Whether their parents read them fairy tales by Hans Christian Andersen and the Brothers Grimm, or even encouraged them to explore Lewis Carroll's Wonderland, most Japanese have been exposed to overseas literature from an early age, and many go on to discover the likes of Tolkien, L.M. Montgomery, Michael...
BUSINESS
May 8, 2004

IRCJ starts up ailing Kanebo's cosmetics branch

Ailing Kanebo Ltd.'s mainstay cosmetics business began operations Friday under the state-backed Industrial Revitalization Corp. of Japan to pay off the group's huge debts.
BUSINESS
May 8, 2004

IY Bank logs first net profit since launch

IY Bank said Friday it posted a net profit of 5 billion yen in fiscal 2003, the firm's first profit since it started operating three years ago.
Japan Times
JAPAN
May 5, 2004

Comic magazine looks for revival via serious, timely topics

Cults, capital punishment, teenage pregnancies and North Korean abductions may not represent the light fare generally associated with "manga" comic magazines, but one such publication is hoping its new focus on serious current issues will spark its revival.
JAPAN
May 5, 2004

Comic magazine looks for revival via serious, timely topics

Cults, capital punishment, teenage pregnancies and North Korean abductions may not represent the light fare generally associated with "manga" comic magazines, but one such publication is hoping its new focus on serious current issues will spark its revival.
EDITORIALS
May 4, 2004

Google-eyed on Wall Street

The announcement that Google, the company that created the No. 1 Internet search engine, is about to go public has investors the world over in a lather. While the fever recalls the heady days of the Internet bubble, the clamor surrounding the offering speaks to a deeper hunger: a desire for markets to...
BUSINESS
May 1, 2004

Listed firms' combined profit soaring

The combined group pretax profit of all firms listed on the first section of the Tokyo Stock Exchange is likely to have set a record for the year to March 31 by eclipsing 20 trillion yen, a research institute said Friday.
JAPAN
Apr 30, 2004

Mourners honor chickens killed in wake of bird-flu outbreak

Dressed in a black suit and tie, a man asked a roomful of mourners to bow their heads. For a minute, they all stood and faced the brightly lit altar in silence.
JAPAN
Apr 29, 2004

Tax officials suspect Ebara hid 540 million yen

Plant engineering firm Ebara Corp. has been accused of hiding 540 million yen in income over three years through fiscal 2002, including roughly 300 million yen in suspected slush funds, it was learned Wednesday.

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