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BUSINESS
Sep 13, 2002

Supply of new Tokyo condos jumps 42.1%

The number of new condominiums put on sale in the Tokyo metropolitan area in August jumped 42.1 percent over the previous year to 4,715, a record high for the month, the Real Estate Economic Institute said Thursday.
BUSINESS
Sep 12, 2002

Hitachi revises down first-half earnings forecast

Hitachi Ltd. on Wednesday revised downward its earnings forecast for the first half of fiscal 2002, blaming thinning profitability of industrial orders and the yen's appreciation.
BUSINESS
Sep 12, 2002

Kawasaki Steel to spin off bridge unit

Kawasaki Steel Corp. said Wednesday it will spin off its bridge and steel construction division into a separate company in April.
Japan Times
JAPAN
Sep 11, 2002

G.O. chief arrested over fraud

Police on Tuesday arrested the 39-year-old head of G.O. group, a Tokyo-based group of investment firms, on suspicion of defrauding individuals out of more than 100 million yen through bogus investment scams.
CULTURE / Books
Sep 8, 2002

Is life but a walk in the park?

The latest winner of the prestigious Akutagawa Prize for promising new writers of literary fiction, Shu'ichi Yoshida (born 1968), is being lauded for his light touch in portraying the loneliness and isolation of urban life today. At the Akutagawa Prize press conference, Yoshida said that he wanted to...
JAPAN
Sep 7, 2002

Kirin, Sapporo settle label dispute

Kirin Brewery Co. and Sapporo Breweries Ltd. have reached an out-of-court settlement to end their six-month dispute over the label design on one of Sapporo's beer products, company officials said Friday.
BUSINESS
Sep 5, 2002

Avex trims earnings projections

Major record company Avex Inc. said Wednesday it has revised down earnings projections for the year to March 31, 2003, due to slack demand for music software, forcing it to slash its dividend.
BUSINESS
Sep 4, 2002

Tax Commission looks to cut exemptions

The government's Tax Commission on Tuesday proposed abolishing in fiscal 2003 certain tax exemptions granted to salaried employees with a working spouse.
JAPAN
Sep 2, 2002

G.O. group likely to face charges

Tokyo police are expected to establish a mass fraud case against the head of a Tokyo-based investment group for allegedly swindling money from tens of thousands of people, according to police sources.
Japan Times
BUSINESS
Aug 29, 2002

Shangri-La banks on China's future

The growth potential of China's markets is well known, but if there is any concern, it's that growth may come too fast, according to Al Wymann, Shangri-La Hotels and Resorts group director of operations in China.
JAPAN / Media / MEDIA MIX
Aug 25, 2002

Buying into the idea of saving the planet

It may not be intentional, but the new batch of ads by the Tokyo Electric Power Co. could be seen as taking advantage of the United Nations World Summit on Sustainable Development, which opens in Johannesburg on Monday. In each TV spot, following energy-saving advice related to the use of air conditioners,...
Japan Times
JAPAN
Aug 22, 2002

Green Cross chiefs' prison terms reduced

OSAKA -- The Osaka High Court on Wednesday reduced the sentences of two former presidents of the defunct Green Cross Corp., which sold HIV-tainted blood products in the 1980s, but rejected their appeal for suspended sentences.
JAPAN
Aug 21, 2002

English school exec sees kids as growth market

English-conversation schools in Japan are facing a major business opportunity as demand for their services for children increases, according to a senior local official of a top chain of foreign-language schools.
Japan Times
COMMUNITY
Aug 18, 2002

Tourmaline trinkets

It's all systems go. The negative-ion air conditioner, negative-ion fan and negative-ion dehumidifier are all plugged in and humming away, dutifully belching out zillions of the negatively charged particles that, their manufacturers say, take on dust and neutralize pollutants around the house.
JAPAN / Media / MEDIA MIX
Aug 18, 2002

59 yen burgers wolfed down by bargain-hunters

Late last month, a man in New York filed a lawsuit against four fast-food restaurant chains claiming that they were responsible for his obesity problems. Blaming advertisements that supposedly mislead consumers into thinking that their products "are good for you," the man and his lawyers hope to win...
BUSINESS
Aug 15, 2002

Corporate bankruptcies climbed 15.8% in July

The number of corporate bankruptcies rose 15.8 percent in July from a year earlier to 1,814, marking a postwar record for the month and the first increase in three months, Teikoku Databank Ltd. said Wednesday.
JAPAN
Aug 10, 2002

Nippon Food Inc. Osaka unit raided

OSAKA -- Farm ministry officials on Friday searched Nippon Food Inc.'s Osaka unit, which was implicated in the defrauding of a state-run beef buyback program, ministry officials said.
Japan Times
BUSINESS / INDUSTRY TRENDS
Aug 9, 2002

New diet for sports club chains: yen supplements

Japan's major sports club chains have been flexing their muscle in recent years, expanding their businesses through aggressive mergers and acquisitions as well as by opening new outlets.
Japan Times
BUSINESS
Aug 8, 2002

Mazda unleashes new Demio against Fit, Ist, Vitz, March

Mazda Motor Corp. on Wednesday launched its remodeled Demio as competition heats up in Japan's compact car market.
BUSINESS
Aug 3, 2002

Nonresident investors sell off stocks for sixth week

Nonresident investors remained net sellers on the Tokyo, Osaka and Nagoya bourses in the week of July 22-26 for the sixth straight week, with the largest sales value per week for the year, the Tokyo Stock Exchange has said.
BUSINESS
Aug 2, 2002

TDK posts 79% surge in net profits

TDK Corp. said Thursday its group net profit in the April-June quarter was up 79 percent from a year earlier.
JAPAN
Aug 1, 2002

Women desire 'doll-like' eyes: Kanebo

Most Japanese women, regardless of age, desire bright eyes with lashes rolled up like those of dolls, according to a survey by cosmetics firm Kanebo Ltd.
Japan Times
JAPAN
Jul 28, 2002

Former TV Asahi employee served fresh warrant over rape, robbery

Police served a former Asahi National Broadcasting Co. (TV Asahi) employee with a new arrest warrant Saturday on suspicion of raping and robbing a 32-year-old female company executive in Tokyo's Shibuya Ward in March.
BUSINESS
Jul 20, 2002

Antidumping tariffs set for polyester staple fiber

Japan said Friday it will impose antidumping duties of up to 13.5 percent on South Korean companies and 10.3 percent on Taiwanese firms for exporting polyester staple fiber at what it alleges are unfair prices.
BUSINESS
Jul 17, 2002

Nachi-Fujikoshi posts group loss

Major machinery maker Nachi-Fujikoshi Corp. said Tuesday it posted a group net loss of 152 million yen in the fiscal first half, which ended May 31.
Japan Times
COMMUNITY
Jul 14, 2002

It's a wired, wired world

If you were among the hordes of shoppers itching to spend summer bonuses last weekend, perhaps you got caught up in the frenzy in Akihabara. Everywhere in Tokyo's "Electric Town," the hunt was on for air conditioners, computers, MD players, stereos and the latest flat-screen TVs.
BUSINESS
Jul 13, 2002

Bankruptcies increase 4.7%

The number of corporate bankruptcies during the first six months of 2002 rose 4.7 percent from a year earlier to 9,872, the third-highest number since World War II, Teikoku Databank Ltd. said Friday.
Tokyo is the No. 2 choice for international students
The University of Tokyo. International students are increasingly flocking to Asia, with affordability being a particularly important metric.
Junglia, Japan’s newest theme park, opens in northern Okinawa
In Junglia’s Dinosaur Safari attraction during a media preview on Thursday, a casual drive through a habitat for the prehistoric creatures goes haywire when several Tyrannosaurus rexes break out of containment.
Extreme heat grips Japan, including even Hokkaido
The city of Obihiro in Hokkaido amid scorching heat on Thursday
‘Demon Slayer’ movie slashes its own box office records
“Demon Slayer: Kimetsu no Yaiba Infinity Castle” is the first installment in a trilogy that's set to wrap the anime adaptation of Koyoharu Gotoke's manga about sword-wielding heroes fighting man-eating demons.
Ishiba rules out joint document on U.S. tariffs as deal's details trickle out
Prime Minister Shigeru Ishiba delivers a speech at an event in Karuizawa, Nagano Prefecture, on Friday afternoon.
Behind the scenes: Inside Fuji Rock’s strategy for staying on top
In recent years, Fuji Rock has had fewer blockbuster performers and showcased more top-selling Japanese acts and international musicians' first-time performances in Japan.
Tokyo is the No. 2 choice for international students
The University of Tokyo. International students are increasingly flocking to Asia, with affordability being a particularly important metric.
Hall of Fame always held deeper meaning for Ichiro
Ichiro presents then-Hall of Fame President Jeff Idelson with the bat he used to break the single-season hits record in 2004.
Japan leans into homegrown AI amid rising competition
McKinsey’s 2025 Technology Trends Outlook, published Wednesday, says that the use of “sovereign AI” is a trend gaining significant global traction, including in Japan.
JT picks: What not to miss at Fuji Rock 2025
Fuji Rock Festival turns the green slopes of Niigata Prefecture’s Naeba Ski Resort into a summer escape that offers soundtracks for every mood.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear
By Jason Coskrey

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