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JAPAN
Aug 11, 2004

Seibu 'sokaiya' perk nets suspended term

A former Seibu Railway Co. managing director was sentenced to a suspended 18-month prison term Tuesday for providing as much as 187 million yen in benefits to a "sokaiya" corporate extortionist and his accomplices in 2001 so they wouldn't disrupt a shareholders' meeting.
BUSINESS
Aug 10, 2004

Listed firms see rise in pretax profit

Companies listed on the first section of the Tokyo Stock Exchange posted a 47.5 percent year-on-year rise in group pretax profit as a whole in the April-June quarter, the Shinko Research Institute said Monday.
EDITORIALS
Aug 3, 2004

Ensure collusion doesn't pay

Japan's antitrust legislation needs upgrading. The Fair Trade Commission is preparing a revision bill to bring the Antimonopoly Law more into line with international standards by tightening the penalties for business-restricting practices. Nippon Keidanren, the Japan Business Federation, has already...
JAPAN
Aug 2, 2004

Ministry urges caution on health book ads

The health ministry has taken the unusual step of urging major media to exercise caution before running ads for books promoting certain health foods, saying they could violate a law banning excessive or false advertising.
Japan Times
BUSINESS
Jul 29, 2004

Automakers get in touch with their feminine side

Automakers used to think cars in pastel colors with floral-patterned seats were key to attracting female buyers.
JAPAN
Jul 27, 2004

Man gets suspended term for illegal stay

A Bangladeshi man suspected of having links to alleged al-Qaeda member Lionel Dumont was handed a 30-month sentence Monday, suspended for five years, for violating immigration laws.
JAPAN / Media / MEDIA MIX
Jul 25, 2004

Home is where the financial heartbreak is

If you have a dedicated telephone line, you probably receive calls from sales people pitching new condominiums or single-family homes in your area. The pitch always starts the same way: "Do you rent? Do you pay more than 100,000 yen a month? If you were paying that much a month for a mortgage, you could...
BUSINESS
Jul 24, 2004

McDonald's ups first-half estimates

McDonald's Holdings Co. (Japan) Ltd. on Friday revised its group net and pretax profit estimates upward for the first six months of the 2004 business year to 1.12 billion yen and 2.61 billion yen, respectively.
Japan Times
BUSINESS
Jul 10, 2004

Jewelry shops ready for foreign onslaught

Facing intense competition from foreign rivals selling brand-name products, Japanese jewelry stores are countering with their own initiatives.
Japan Times
BUSINESS
Jul 9, 2004

Cosmetics firms want men to invest in their faces

Cosmetics manufacturers are starting to market cosmetics for men, believing the economic recovery will encourage them to "invest" in their faces.
BUSINESS
Jul 7, 2004

Key economic index back in boom territory

A key gauge of the current state of the economy rose above the boom-or-bust line of 50 percent in May for the first time in three months.
COMMUNITY / Issues / THE ZEIT GIST
Jul 6, 2004

Barely managing

In a country with few real careers for women, a job in an energetic internationally-oriented service industry would surely be a dream come true for many.
CULTURE / Books / THE BOOK REPORT
Jul 1, 2004

Mystery writer Nishimura continues on winning run of great train stories

The recently released list of top taxpayers for fiscal 2003 has shown that, despite the overall slump in the book trade, the payoff can still be great for authors who strike a chord with the public.
BUSINESS
Jul 1, 2004

Yoshinoya sees 1.9 billion yen loss, not beefy profit

Yoshinoya D&C Co. said Wednesday it expects to post a consolidated net loss of 1.88 billion yen in its 2004 business year, a reversal of its earlier forecast of 3.16 billion yen in net profit.
BUSINESS
Jul 1, 2004

Fuso can't get fix on earnings outlook

Scandal-tainted Mitsubishi Fuso Truck & Bus Corp. said Wednesday it is unable to make earnings projections for the current fiscal year.
BUSINESS
Jun 30, 2004

MMC apologizes to shareholders, seeks tax breaks

Mitsubishi Motors Corp. chief executive Yoichiro Okazaki said Tuesday that the company plans to start negotiations with the government in July to receive favorable tax treatment for its revival plan under the Industrial Revitalization Law.
BUSINESS
Jun 29, 2004

Mazda aims high with new compact

Mazda Motor Corp. on Monday launched the Verisa compact, looking to create a new high-grade category in this growing sector.
BUSINESS
Jun 28, 2004

Fishing net supplier attracting investors after conversion to investment banking

What was once a major Tokyo-based seller of fishing nets has recently been attracting the attention of foreign and domestic investors, both individual and institutional, thanks to a unique business strategy and an astonishingly fast pace of growth.
BUSINESS
Jun 25, 2004

MMC secures 165 billion yen corporate aid

Mitsubishi Motors Corp. said Thursday it has received 165 billion yen in financial aid from 12 companies.
BUSINESS
Jun 22, 2004

More Japanese turning to black vinegar as healthy pep drink

Drinking black vinegar for its health benefits has become increasingly popular, with sales of the brownish-red brew posting significant growth over the last two years.
Japan Times
Features
Jun 20, 2004

Vast budget fuels huge arms industry

Deep in the heart of Aichi Prefecture is the headquarters of an engineering company founded 100 years ago to make textile looms. Having borne the name Howa Machinery, Ltd. since 1945, today its products range from window frames to road-sweepers -- but it also derives around 12 percent of its business...
BUSINESS
Jun 16, 2004

Kao to sell its cooking oil in U.S.

Toiletry giant Kao Corp. said Tuesday it will launch sales of its Econa cooking oil across the U.S. in January, hoping it will become popular with health-conscious consumers there.
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...

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?