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Japan Times
COMMUNITY / Our Lives / CLOSE-UP
Jul 4, 2004

Seiichi Kanise: Media insider casts an outsider's eye on Japan

After 17 years' experience as a top-flight news reporter both at home and abroad, in 1991 Seiichi Kanise began a 10-year stint as a TV news anchorman. Then, after covering a wide range of news events, in 2003 he accepted an offer from the Tokyo-based Bunka Hoso (Nippon Cultural Broadcasting Inc.) radio...
BUSINESS
Jul 3, 2004

Japan to keep mending finances: Hosokawa

The new vice finance minister indicated Friday that the government will continue trimming spending and curbing the issuance of state bonds to reduce the balance of government debt, which has swelled to 483 trillion yen.
EDITORIALS
Jun 20, 2004

Japanese baseball at a crossroads

Whither goes Japanese professional baseball? That question must have come to the minds of many Japanese when they heard last week the news that officials of two professional baseball clubs, the Kintetsu Buffaloes and the Orix BlueWave, have reached a basic agreement to merge the teams. The news came...
JAPAN
May 21, 2004

Fresh coverup scandal rocks Mitsubishi Fuso

Mitsubishi Fuso Bus & Truck Corp. became embroiled in another defect-coverup scandal Thursday.
BUSINESS
Mar 18, 2004

UFJ Bank head denies data coverup

UFJ Bank President Masashi Teranishi denied Wednesday that the bank covered up the financial health of borrowers before the government launched probes into the major banking group.
BUSINESS
Dec 30, 2003

Bankrupt companies failed to disclose risk information

Seven of the 14 listed companies that have gone bust since April did so without previously disclosing information about their business risks, such as excessive debts and huge operating losses, according to a survey conducted by Kyodo News.
JAPAN
Jul 23, 2003

Don't build it unless they'll come

More than three-quarters of respondents to a recent survey believe the government should stop building expressways if the projects are not expected to turn a profit.
JAPAN
Jul 11, 2003

Japan Highway accused of hiding data that show it riddled with debt

Japan Highway Public Corp. may be keeping a secret.
Japan Times
JAPAN
Apr 1, 2003

Oshima steps down over aides' scandals

In another blow to the Cabinet of Prime Minister Junichiro Koizumi, tarnished farm minister Tadamori Oshima stepped down Monday.
COMMENTARY
Dec 29, 2002

Resist the potions of the past

LONDON -- "Capitulation bottom" is the ugly and inelegant phrase used by financial analysts in London to indicate the low point in the cycle of investor optimism and pessimism -- the point where investors give up in despair, sell their shrunken shareholdings, if they can find a buyer, and start putting...
BUSINESS
Sep 11, 2002

Minister wants tax cuts financed

Finance Minister Masajuro Shiokawa said Tuesday he would tolerate proposed tax cuts of 2.5 trillion yen or more if the drop in tax revenues were to be balanced out in the long run.
BUSINESS
Aug 20, 2002

Nasdaq withdrawal blamed on prolonged economic slump

The head of Nasdaq's international operations reiterated Monday that the prolonged domestic slump was behind Nasdaq Stock Market Inc.'s decision to pull out of Japan.
BUSINESS
Jul 24, 2002

Japan stocks weathering U.S. downturn: ministers

Japanese stocks are showing resilience despite the ongoing plunge in U.S. share prices, key economic ministers in Prime Minister Junichiro Koizumi's Cabinet said Tuesday.
BUSINESS
Jun 26, 2002

FSA may raise refund limit for deposits at merged entities

The Financial Services Agency is considering raising the limit of the government's full-refund guarantee on deposits as a special case for merged financial institutions, Financial Services Minister Hakuo Yanagisawa hinted Tuesday.
BUSINESS
Jun 20, 2002

Mizuho ordered to improve its operations

The Financial Services Agency on Wednesday ordered Mizuho Holdings Inc. to improve its operations in the wake of a massive computer system failure that left its operations in chaos.
JAPAN
Feb 11, 2002

Shonan merger plan races clock, though some balk

With its gently arching coastline overlooking Enoshima Island in Sagami Bay and a distant view of Mount Fuji and the Hakone mountain range, the Shonan area in Kanagawa Prefecture triggers memories of songs and movies about the picturesque area.
BUSINESS
Feb 6, 2002

Shiokawa says pressure likely at G7

Japan will probably come under pressure to fix its economic problems, including its dismal bad-loan situation, when top financial ministers and officials of the Group of Seven industrial powers gather in Ottawa for a two-day meeting, Finance Minister Masajuro Shiokawa said Tuesday.
BUSINESS
Jan 16, 2002

More BOJ credit-easing steps soon: experts

Seventy-five percent of economists and financial analysts surveyed by Kyodo News believe the Bank of Japan will take additional credit-easing measures within three months, amid an increasingly gloomy economic outlook.
BUSINESS
Dec 22, 2001

Nikko Cordial buys bonds to help unit repay investors

Nikko Cordial Corp. has bought 108.9 billion yen worth of banks' subordinated bonds in devalued money management funds managed by its subsidiary, Nikko Asset Management Co., to help it reimburse investors, company sources said Friday.
BUSINESS
Nov 3, 2001

LDP wants to set target for inflation

An amendment to the Bank of Japan Law endorsed Friday by a Liberal Democratic Party working group includes a provision to set an inflation target, according to LDP officials.
BUSINESS
Nov 3, 2001

LDP wants to set target for inflation

An amendment to the Bank of Japan Law endorsed Friday by a Liberal Democratic Party working group includes a provision to set an inflation target, according to LDP officials.
BUSINESS
Sep 1, 2001

IMF can't review Japan banks: FSA

The government cannot accept a request from the International Monetary Fund to conduct an assessment of Japan's financial system, Financial Services Agency chief Hakuo Yanagisawa said Friday.
LIFE / Digital / CYBERIA
Jan 10, 2001

What's it all about, IT?

2001 may well be the year of the IT revolution, but as far as I'm concerned, we're talking about utilITy. From here on, usefulness is going to be the benchmark for information technologies.
BUSINESS
Jun 29, 2000

Taisho gets 4.5 billion yen lifeline

The financially ailing Taisho Life Insurance Co. said Wednesday that it has avoided possible collapse by securing a pledge of 4.5 billion yen in fresh capital through outside funding.
COMMENTARY
Mar 3, 2000

Tide turning against coalition

Only three weeks ago, Prime Minister Keizo Obuchi's tripartite coalition was in a celebratory mood after the opposition forces ended their boycott of the Diet and all proceedings returned to normal.
JAPAN
Oct 7, 1999

Cabinet Interview: FRC chief favors safe approach

Staff writer
JAPAN
Aug 23, 1999

Ministry applauds tribank megamerger

The Finance Ministry applauds a plan by Dai-Ichi Kangyo Bank, Fuji Bank and the Industrial Bank of Japan to form a full-scale alliance, Vice Finance Minister Nobuaki Usui said Monday.
JAPAN
Mar 31, 1999

HLAC, RCB merger creates powerful collection agency

Staff writer
JAPAN
Jul 15, 1998

The 'Rock' goes for a piece of the 1.2 quadrillion yen

Prudential Insurance Co. of America, the largest life insurance house in the United States, will enter the Japanese financial market by jointly establishing an investment trust management firm with Mitsui Trust & Banking Co., the two companies announced Wednesday.

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person