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JAPAN
Aug 20, 2006

Ex-lawmaker's former aide questioned over Mizutani scam

Prosecutors probing alleged tax evasion by engineering firm Mizutani Kensetsu Co. have questioned a former secretary to a retired Diet member who once served as a Cabinet minister and was a top executive of the ruling Liberal Democratic Party, according to sources familiar with the investigation.
BUSINESS
Aug 19, 2006

Rakuten enjoys 37% surge in profit

Rakuten Inc. reported Friday that its group net profit rose 37.1 percent to 7.1 billion yen in the first half of the year, thanks to strong sales at its online brokerage.
Japan Times
JAPAN / Politics
Aug 16, 2006

Defiant Koizumi visits Yasukuni

Defying repeated warnings from China and South Korea, Prime Minister Junichiro Koizumi visited Yasukuni Shrine on Tuesday, the 61st anniversary of Japan's surrender in World War II, paying his respects at the Shinto site that honors the nation's 2.5 million war dead and 14 Class-A war criminals.
BUSINESS
Aug 16, 2006

Writer sues to be Nikkei shareholder

Novelist Ryo Takasugi has filed a lawsuit against Nihon Keizai Shimbun Inc., demanding the newspaper publisher allow him to hold shares in the firm after it had refused to do so and branded him an "outsider," his lawyers said.
BUSINESS
Aug 10, 2006

Hokuetsu chief offers talks to Nippon Paper

The president of Hokuetsu Paper Mills Ltd., the target of an unprecedented hostile takeover bid by Oji Paper Co., said Wednesday it is ready to negotiate with Nippon Paper Group Inc. about forming a business alliance.
COMMENTARY / World
Aug 9, 2006

Revolution's gains yet to be measured

PRINCETON, New Jersey -- In August 1981, IBM introduced the 5150 personal computer. It was not really the first personal computer, but it turned out to be "The Personal Computer," and it revolutionized not just business life, but also the way people thought about the world.
BUSINESS
Jul 31, 2006

Oji won't seek injunction to stop Hokuetsu's capital increase

Oji Paper Co. does not plan to apply for a court order to block a capital increase plan by Hokuetsu Paper Mills Ltd., which is an obstacle to Oji's hostile takeover bid for Hokuetsu, according to sources.
JAPAN
Jul 30, 2006

Japan Post firms plan expansion after privatization

The bank and the insurance company to be created through postal privatization next year will try to expand their operations to match those of their private-sector rivals, informed sources have said.
CULTURE / Books
Jul 30, 2006

Working for and beyond the call of hospitality

WELCOME TO SAWANOYA, Welcome to Japan, by Isao Sawa. Omega-Com Inc., 2006, 203 pp., 1,200 yen (paper). It seems at times as if, by common consent for the other's altering tastes, that East and West are exchanging positions. The West's love of the subtle side and back lighting, in the spirit of Junichiro...
JAPAN
Jul 28, 2006

Mizutani faces fresh charge over tax evasion in '04

Tokyo prosecutors may soon file another charge against a former chairman of Mizutani Kensetsu Co. for suspected corporate tax evasion in the business year to August 2004, investigative sources said.
BUSINESS
Jul 27, 2006

Honda quarterly profit up 30%

Honda Motor Co. said Wednesday its profit jumped 29.6 percent in the April-June quarter as the nation's No. 3 automaker expanded overseas production to keep up with booming demand.
COMMENTARY
Jul 25, 2006

Fitting memorial for war dead

With the governing Liberal Democratic Party set to elect its new leader in September -- when Prime Minister Junichiro Koizumi step downs as LDP president (and hence as prime minister) some LDP lawmakers are proposing ways to solve the ongoing row over Koizumi's repeated visits to Yasukuni Shrine. Visits...
Japan Times
BUSINESS
Jul 21, 2006

Toyota not looking to block GM tieup talks

Toyota Motor Corp. President Katsuaki Watanabe said Thursday his firm has no plan to block alliance talks involving General Motors Corp., Nissan Motor Co. and Renault SA.
EDITORIALS
Jul 19, 2006

Hope of the marketplace

The Bank of Japan's lifting of its zero-interest rate policy last week represents an end to an extraordinary policy that continued for five years and four months. With its decision, which marks a step toward normalization of the nation's monetary policy, the central bank has signaled that the Japanese...
Japan Times
LIFE / Lifestyle
Jul 18, 2006

Preventing suicide and axing overtime pay is a risky mix

More than 30,000 people kill themselves each year in Japan, bestowing the country with the shameful honor of the highest suicide rate in the developed world. To deal with this reality, a group of lawmakers from across the political spectrum pushed an antisuicide bill through the Diet last month to force...
Japan Times
LIFE / WEEK 3
Jul 16, 2006

Dental 'charm school' puts bite on competition

The Omori Group is a booming dentistry franchise company that doubled its sales to 1.07 billion yen last year and now aims to double them again to 2 billion yen this year.
JAPAN
Jul 11, 2006

Mizutani in 2 billion yen tax dodge

Mizutani Kensetsu Co., an engineering company suspected of tax evasion, is believed to have hidden some 2 billion yen in income in the two business years to the end of August 2004, sources said Monday.
Japan Times
LIFE
Jul 9, 2006

Japan fashions a menswear coup d'etat

For a week in July, Paris becomes an outpost of Tokyo as Japanese designers and buyers throng the catwalks, parties and cafes where business is done at the biannual men's clothing collections
EDITORIALS
Jun 30, 2006

The new king of steel

After five months of bitter resistance, the management of Arcelor, Europe's largest steel maker, last weekend agreed to a merger with Mittal Steel. If the deal goes through -- shareholders still have their say -- it will create the world's largest steel company. Equally important, the agreement could...
SOCCER / World cup
Jun 20, 2006

High temperatures burning Zico up

NUREMBERG, Germany -- Japan coach Zico got a little hot under the collar after the Boys in Blue's game against Croatia but apparently not as hot as his players did during the game.
CULTURE / Books
Jun 18, 2006

Roles that lead a company to success

THE TEN FACES OF INNOVATION by Tom Kelley and Jonathon Littman. Doubleday, 276 pp., 2005, $29.95 (cloth). "It's the smile, stupid."
BUSINESS
Jun 15, 2006

Livedoor execs meet with shareholders

CHIBA -- Livedoor Co. investors finally had their say Wednesday as the scandal-tainted firm held its first shareholders' meeting since its top executives were arrested in January.
BUSINESS
Jun 14, 2006

Death of deflation may soon be declared, Yosano says

Fiscal policy minister Kaoru Yosano indicated Tuesday the government could soon declare that deflation has ended and that business groups no longer feel deflationary pressure.
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
Jun 13, 2006

Should Japan impose restrictions on non-Japanese-speaking-foreigners coming here to work?

Niels Hansen Business owner, 38 I just wonder if the Japanese would want the same standards applied to them if they went anywhere else. It would damage international business. I don't think it's a good path to go down when you start imposing borders.
EDITORIALS
Jun 8, 2006

The act of a professional?

Mr. Yoshiaki Murakami, who has drawn intense public attention as Japan's most controversial investment fund manager, was arrested Monday by the Tokyo Public Prosecutor's Office on suspicion of violating the Securities and Exchange Law. He is suspected of having engaged in insider stock trading when his...
Japan Times
BUSINESS
Jun 6, 2006

Murakami arrested over insider trading

Outspoken investment fund manager Yoshiaki Murakami was arrested Monday for alleged insider trading linked to his investment fund's purchase of Nippon Broadcasting System Inc. shares between late 2004 and early 2005.
BUSINESS
Jun 3, 2006

Narita South Wing open

The refurbished South Wing at Narita International Airport's Terminal 1 opened Friday amid high hopes from the airport's operator and All Nippon Airways Co., the terminal's main tenant, that the improvements will attract more passengers.

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