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BUSINESS
Feb 6, 2002

Honda net profit jumped 73.8% in third quarter

Honda Motor Co. said Tuesday its group net profits in the October-December quarter shot up 73.8 percent from a year earlier to 82.26 billion yen on higher sales and a weaker yen.
BUSINESS
Feb 5, 2002

Japan and Peru together again -- for FEALAC talks

It may appear ironic that Japan and Peru are key partners in a working group on economic and social issues under the guise of the Forum for East Asia-Latin America Cooperation, given the fact that their bilateral relationship remains soured.
Japan Times
BUSINESS
Feb 5, 2002

Kinki Nippon, Nippon Travel part ways

Kinki Nippon Tourist Co. and Nippon Travel Agency, the nation's second- and third-largest travel agencies, announced Monday that they have canceled a merger plan for January 2003 due to ramifications of the Sept. 11 attacks in the United States.
BUSINESS
Feb 4, 2002

Dow tops Nikkei in latest sign of Japanese economic decline

The year was 1957. Russia launched Sputnik, Dwight D. Eisenhower was in the White House, Elvis swiveled his hips in "Jailhouse Rock" and the Dow and the Nikkei were at level pegging.
COMMENTARY / World
Feb 4, 2002

Who is bugging the Chinese leadership?

HONG KONG -- Since it is not opening up to the outside world, but remains a very closed society in terms of its internal politics, China raises more questions than it answers. The latest intriguing episode concerns the bugging of a Boeing 767-300ER purchased in 2000 to be the VIP jet for President Jiang...
COMMUNITY
Feb 3, 2002

Sake's never been better -- so why the poor business?

Sake is so central to life in these islands that the name of the fermented rice drink is also the Japanese word for all alcoholic drinks.
JAPAN
Feb 2, 2002

HIV-positive blood donors hit record high rate in 2001

Seventy-nine of some 5,770,000 blood donations last year in Japan were from HIV-positive donors, making the rate of positive donors the highest ever at 1.368 per 100,000, according to a survey by the health ministry's special committee on AIDS.
JAPAN
Feb 2, 2002

Nago mayor race seen as base litmus test

Many in Tokyo and Washington will be keeping a close eye on a mayoral election Sunday in Okinawa that is likely to affect a matter of long-standing concern between the two governments.
BUSINESS
Feb 2, 2002

Sharp expects to ride wave of recovery in Europe, U.S.

Electronics manufacturer Sharp Corp. expects its group sales and consolidated profits to mark double-digit year-on-year growth in the next business year, buoyed by economic recovery in overseas markets, President Katsuhiko Machida said Friday in Tokyo.
JAPAN
Feb 1, 2002

Cultist's term upheld for 1994 murder attempt

The Tokyo High Court on Thursday upheld a 12-year prison term handed down to an Aum Shinrikyo defendant for attempting to kill attorney Taro Takimoto with sarin gas in May 1994.
BUSINESS
Feb 1, 2002

WTO gets call on U.S. steel curbs

Japan has filed a complaint with the World Trade Organization over a U.S. antidumping measure against Japanese surface-treated steel sheet exports, and asked Washington to hold talks on the issue under WTO auspices, the Ministry of Economy, Trade and Industry said.
JAPAN
Feb 1, 2002

Snow exec implicated in fraud he investigated

A Snow Brand Food Co. division chief assigned to investigate allegations of false labeling of meat to get state subsidies by its Kansai Meat Center was directly involved in the fraud he was to probe, sources said Thursday.
BUSINESS
Feb 1, 2002

NEC to slash 14,000 workers worldwide before March 31

Computer maker NEC Corp. said Thursday that it will reduce its global workforce by 9.3 percent, or 14,000 jobs, by the end of March, doubling the number of jobs to be slashed from the figure it announced in late October.
JAPAN
Jan 31, 2002

Tokyo impounds relabeled imported beef

Tokyo Metropolitan Government officials on Wednesday impounded about 3.5 tons of imported beef repackaged as domestic and stored at Snow Brand Food Co.'s warehouse in Tokyo's Ota Ward.
BUSINESS
Jan 31, 2002

Electronics production posts record fall for '01

The combined value of domestic electronics equipment production in 2001 is estimated to have fallen 15.3 percent from the previous year to 22.16 trillion yen, marking a record year-on-year decline, the Japan Electronics & Information Technology Industries Association said Wednesday.
JAPAN
Jan 31, 2002

Former regional tax chief indicted

A former chief of the Sapporo Regional National Tax Administration Bureau was indicted Wednesday on a charge of evading roughly 250 million yen in taxes by concealing about 730 million yen in income for four years to 2000.
BUSINESS
Jan 31, 2002

Life, nonlife insurers scrap tieup

Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co. have decided to scrap their plans to integrate under a single holding company by March 2003 due to the cautious stance of the nonlife insurer, sources from the two companies said Wednesday.
EDITORIALS
Jan 30, 2002

Yet more political corruption

The issue of political corruption is again coming to a head. This time around, a former secretary to Mr. Koichi Kato, one-time secretary general of the Liberal Democratic Party, is suspected of tax evasion, while an ex-aide to Mr. Michihiko Kano, deputy chief of the Democratic Party of Japan, is charged...
BUSINESS
Jan 30, 2002

Nissho Iwai to eliminate 5,000 jobs in restructuring

Major trading house Nissho Iwai Corp. on Tuesday announced a three-year restructuring plan featuring a cut of 5,000 jobs from its current consolidated workforce of 19,000.

Longform

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