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BUSINESS
Feb 22, 2002

Matsushita looking at losses of 438 billion yen

Matsushita Electric Industrial Co. said Thursday it expects to log consolidated net losses of 438 billion yen in fiscal 2001.
BUSINESS
Feb 22, 2002

Haseko calls on major banks for 150 billion yen in support

Struggling condominium developer Haseko Corp. unveiled a sweeping restructuring plan Thursday, calling for 150 billion yen in financial support from major creditor banks and a 10 percent cut in personnel expenses in three years.
COMMENTARY / WASHINGTON UPDATE
Feb 21, 2002

Silver lining in Enron scandal: campaign finance reform

WASHINGTON -- It may look like Enron Corp. is the only game in town, but that would be far from the truth. A lot is going on these days, although Enron certainly has taken a big chunk of the capital's attention. There are hearings galore and press conferences in between. To what end? Good question. This...
Japan Times
BUSINESS
Feb 21, 2002

Chino cements image as ADB's best chief ever

MANILA It was the most important night of the year. As "Show 2001" got off to a start, the hall was packed to standing room only, and talented employees -- mostly Filipinos -- strutted their stuff in aid of local charities.
BUSINESS
Feb 21, 2002

Tepco may muscle in on Tohoku power turf

Tokyo Electric Power Co. may submit bids for three electricity retailing contracts in the Tohoku region, threatening to muscle in on Tohoku Electric Power Co.'s territory, industry sources said Wednesday.
JAPAN
Feb 21, 2002

Man held over fake job certificates

A man was issued an arrest warrant Wednesday on suspicion of registering a fictitious company in order to sell fake job certificates to immigrants.
JAPAN
Feb 21, 2002

Accused killer Hayashi wins redress

OSAKA -- The Osaka District Court has ordered Shinchosha Co. and its president to pay 6.6 million yen in compensation to Masumi Hayashi, who is on trial for mass murder in a 1998 curry poisoning incident, for running a photo and drawing of her without permission.
EDITORIALS
Feb 20, 2002

So little to celebrate

Last Saturday, North Korea celebrated the 60th birthday of "Dear Leader" Kim Jong Il, which marked the beginning of four months of festivities. It is hard to imagine what the country is celebrating, apart from survival: The economy is in a mess and shows no sign of improving, and the North Korean government...
BUSINESS
Feb 20, 2002

House Foods appoints new chief

House Foods Corp. said Tuesday it will promote Akira Oze from vice president to president and chief executive officer, replacing Takashi Kono, who will become an adviser.
Japan Times
JAPAN
Feb 20, 2002

Woman calls British ex-POWs to Japan

LONDON -- Keiko Holmes had expected hostility, but when she attended the annual conference of the British Far East Prisoners of War Association in London in 1991, the bitterness harbored by the more than 1,000 veterans and their families present nearly erupted into violence.
Japan Times
JAPAN
Feb 19, 2002

Jewelry 'middle market' slipping away

Following the pattern seen in Japan's clothing and accessories industries, in which ultra-expensive designer bags by Louis Vuitton are snatched up with as much vigor as cheap clothing from Uniqlo stores, the "middle market" is rapidly disappearing from the nation's gemstone and jewelry industry.
BUSINESS
Feb 19, 2002

Patent Law update aims to protect Net companies

The government plans to revise the Patent Law to enhance protection of intellectual property rights held by Internet firms, the Ministry of Economy, Trade and Industry said Monday.
Events
Feb 19, 2002

Hard times spark rare, fiery debate at annual Kansai Economic Summit

OSAKA -- For the past four decades, the Kansai region's business leaders have gathered annually in February to discuss a variety of local economic issues.
Japan Times
JAPAN
Feb 19, 2002

Comedian avoids prison time for drug use

The Tokyo District Court on Monday sentenced TV comedian Masashi Tashiro to two years in prison, suspended for three years, for illegal drug use and other offenses.
BUSINESS
Feb 19, 2002

Kyowa Hakko to sell all liquor units to Asahi

Kyowa Hakko Kogyo Co., a major manufacturer of fermented chemicals, has agreed to sell off its alcoholic beverage operations, which have accounted for roughly a quarter of its consolidated sales, to Asahi Breweries Ltd., the two companies said Monday.
BUSINESS / TAKING STOCK
Feb 19, 2002

Luring individuals to stocks a key challenge

Individual investors turned net buyers of stocks for the first time in four months in January.
JAPAN
Feb 18, 2002

Bush arrives in Tokyo, keeps hard line on 'axis'

U.S. President George W. Bush arrived in Tokyo on Sunday afternoon for his first visit to Japan since his inauguration last year, on the first leg of a six-day tour of East Asia that will also take him to South Korea and China.
BUSINESS
Feb 18, 2002

Japan back to No. 1 in shipbuilding

Japan regained the title of the world's No. 1 shipbuilder in 2001, beating out rival South Korea for the first time in three years, according to industry data.
BUSINESS
Feb 18, 2002

Yokohama entities burned by Argentine default

Two semi-official organizations financially tied to the Yokohama Municipal Government are having difficulty recovering the principal on their combined 170 million yen investment in Argentina government bonds because the country defaulted on its debt in December, according to the municipal government....
COMMUNITY
Feb 17, 2002

Vive la Kansai-Kanto difference

OSAKA -- Despite corruption scandal after corruption scandal, there is still evidence that not all bureaucrats are bad. Driven by public interest, an army of elite government bureaucrats (and their corporate counterparts) are diligently investigating the really important issues that divide Kansai and...
COMMUNITY
Feb 17, 2002

Waseda and Keio: rivals to the core

It was Oct. 22, 1933, at the Jingu Baseball Stadium. The winner of the day's So-Kei (Waseda vs. Keio) match would lift the trophy for the year.
COMMENTARY
Feb 16, 2002

Kim Dae Jung vs. the 'axis of hawks'

SEOUL -- When the political leaders of the United States and South Korea meet, North Korea takes center stage. This preoccupation with the communist regime has a long tradition in U.S.-South Korean relations. Another tradition -- if we may call it that -- is the unvarying effort on both sides to publicly...
JAPAN
Feb 16, 2002

Myanmar family seeking special residency loses suit

A Myanmar couple and their child seeking special residential status lost a court battle Friday in Tokyo to overturn a justice minister's rejection of their application.
JAPAN
Feb 16, 2002

Women still living longer than men

The average life expectancy of Japanese men in 2000 stood at 77.72 years, while that of women stood at 84.6 years, according to a report released Friday by the government.
BUSINESS
Feb 16, 2002

Corporate failures hit January high

Corporate failures in Japan hit 1,620 in January, up 19.3 percent from a year earlier and a postwar record high for the month, Teikoku Databank Ltd. said Friday.
JAPAN
Feb 15, 2002

Surplus saw first fall in two years in 2001

Japan's current account surplus fell in 2001 for the first time in two years, dropping 12 percent from a year earlier to 11.06 trillion yen, according to preliminary figures released Thursday by the Finance Ministry.
LIFE / Lifestyle / JET STREAM
Feb 15, 2002

Lifting weights and building character

When Feng Ming received the official letter inviting him to come to Japan, he was prepared to say no. It was 1999 and China, the undisputed powerhouse in the weightlifting world, was preparing for the 2000 Sydney Olympics. As a coach at Nanking Athletic University, Ming was training some of the country's...

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?