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October 11, 2025
 

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BUSINESS
Jun 5, 2002

Hitachi, IBM to integrate their hard disk operations

Hitachi Ltd. and International Business Machines Corp. on Tuesday announced an agreement to integrate their hard disk drive businesses under a joint company to be majority-owned by Hitachi.
JAPAN
Jun 2, 2002

Duskin to shelve openings of new Mister Donut shops

OSAKA — Duskin Co. has pledged to refrain from opening new Mister Donut shops until March following public outcry over the company's handling of a banned antioxidant found in its meat dumplings.
Japan Times
JAPAN / CUP COUNTDOWN
May 29, 2002

Hotels vie for World Cup windfall

As the Friday opening of the 2002 FIFA World Cup approaches, hoteliers in and around Tokyo are making last-minute efforts to get their slice of the hoopla that will carry on through the next month.
BUSINESS
May 29, 2002

Ford chairman joins Mitsubishi

Mitsubishi Motors Corp. said Tuesday it has nominated Eiji Iwakuni to its board of directors.
BUSINESS
May 28, 2002

Gibraltar Life Insurance posts 12.9 billion yen profit

Gibraltar Life Insurance Co., the successor of failed Kyoei Life Insurance Co., said Monday it posted unconsolidated net profits of 12.9 billion yen for the 2001 business year.
BUSINESS
May 24, 2002

Nippon Steel loses 28.4 billion yen

Nippon Steel Corp. said Thursday it posted a group net loss of 28.4 billion yen in the year to March 31, hit mainly by valuation losses on its securities holdings.
BUSINESS
May 18, 2002

Foreigners are net buyers for fourth week

Foreign investors were net buyers of Japanese stocks for the fourth week in a row last week, apparently banking on signs of an economic recovery in Japan.
BUSINESS
May 18, 2002

Yamaha group net balance in red

Yamaha Corp. said Friday its group net balance fell into the red in fiscal 2001 due chiefly to appraisal losses on its securities holdings.
BUSINESS
May 18, 2002

Nippon Yusen group profit down

Major shipping firm Nippon Yusen K.K. said Friday its group pretax profit for fiscal 2001 fell 29.7 percent from the previous year to 50.11 billion yen, as the firm was hit by a sharp reduction in freight charges.
BUSINESS
May 17, 2002

Foreign companies slightly optimistic, survey shows

Most foreign companies in Japan expect business confidence to remain flat over the next six months, although there are signs of improvement on the horizon, according to a joint survey recently released by foreign chambers of commerce.
Japan Times
JAPAN
May 17, 2002

Contractor focuses on middle-aged hires

A small contractor in Yokohama is challenging the country's rigid labor market with an unusual strategy -- recruiting the middle-aged.
BUSINESS
May 16, 2002

Mitsubishi Heavy jumps out of the red

Mitsubishi Heavy Industries Ltd. said Wednesday that its group net balance returned to the black in fiscal 2001, chiefly due to a reduction in material costs and a weakened yen.
BUSINESS
May 15, 2002

Nippon Life, T&D to be UFJ agents

The UFJ financial group is expected to appoint Nippon Life Insurance Co. and T&D Financial Life Insurance Co. as agents tasked with carrying out paperwork and other administrative duties related to UFJ's sales of life insurance policies, industry officials said Tuesday.
Japan Times
COMMUNITY
May 12, 2002

Are local tracks up against the odds?

There is little glamor at Kawasaki Racetrack. Under grubby baseball caps, cigarettes and pencil stubs are jammed behind the ears of tense punters. The odor of ramen wafts along the betting slip-littered corridors and stairways under the stands.
BUSINESS
May 11, 2002

Consolidated taxation bill moved to Diet

The Cabinet approved a bill Friday to revise the tax code for the introduction of a consolidated tax system aimed at reducing companies' tax burdens and boosting competitiveness.
JAPAN
May 4, 2002

Tokyo execs disappear with chunk of firm's cash

Executives of a Tokyo-based company that sells health food products and promises to help clients set up their own health food business have gone into hiding, taking with them several billion yen of company funds, according to sources close to the case.
CULTURE / TV & Streaming / CHANNEL SURF
Apr 28, 2002

A suck-up, a thumbs up

Ever since SMAP-man Goro Inagaki returned from self-imposed exile, during which he supposedly reflected on his heinous parking infraction, he seems to be everywhere, as if he were making up for lost time. Perhaps as a spoof on his capacity to demonstrate self-effacement, he's currently starring in his...
Japan Times
JAPAN / MUSEUM MUSINGS
Apr 27, 2002

Craftsmen keep alive hair ornaments that were all the rage in Edo Period

The display of fine Japanese hair ornaments at Tsumami-Kanzashi Museum in Tokyo's Shinjuku Ward illustrates a small world of plums, cherry blossoms, chrysanthemums, chestnuts, bees and phoenixes created with pieces of colorful silk.
BUSINESS
Apr 25, 2002

Aiwa incurs 46 billion yen net loss

Audio-equipment maker Aiwa Co. said Wednesday its group net loss increased to 46.58 billion yen in fiscal 2001, up from 39.01 billion yen a year earlier, due to large retirement benefit payouts related to workforce cuts necessitated by its planned integration with Sony Corp.
LIFE / Digital
Apr 25, 2002

Lie detection infiltrating everyday life

When Bill Clinton first said, "I never had sexual relations with that woman . . ." back in 1998, a report flushed that a new Israeli lie detector figured he was being truthful.
Japan Times
BUSINESS
Apr 22, 2002

Nutritional company targets a 'priceless' market

Nature's Sunshine Products, the Utah-based company that revolutionized the nutritional supplement industry, this month celebrated its 30th anniversary with a convention in Fukuoka that brought together top executives and its Japanese "family."
SOCCER / World cup
Apr 21, 2002

JAWOC put on hold by FIFA

The drawing to decide successful applicants for the third round of World Cup ticket sales will take place as early as April 26, providing the Japanese World Cup Organizing Committee receives a reply from FIFA, JAWOC said Friday. The April 26 drawing has been set based on JAWOC's initial plans.
JAPAN
Apr 19, 2002

Travel agencies found in JET air-ticket scam

Major travel agency Kinki Nippon Tourist Co. was involved in a scheme last year in which it issued cut-rate airline tickets to JET teachers, billed local governments for regular fares and pocketed the difference, it was learned Thursday.
BUSINESS
Apr 18, 2002

Hitachi, IBM to form hard disk drive alliance

Hitachi Ltd. and International Business Machines Corp. said Wednesday they have agreed to form a strategic alliance in the field of storage technologies and will set up a joint venture to integrate their hard disk drive operations.
BUSINESS
Apr 13, 2002

Nikko unit to buy Tower Records

Nikko Principal Investments Corp., an affiliate of Nikko Cordial Corp., plans to buy all of the shares of Tower Records Inc. from its U.S. parent company MTS Inc. by around May, a spokesman at Nikko Cordial said Friday.
JAPAN
Apr 11, 2002

Tokyu Agency to pay 840 million yen over tax evasion

Major advertising agency Tokyu Agency Inc. failed to declare 1.03 billion yen in income for the five years to March 2001 and must pay 840 million yen in additional taxes and penalties, industry sources said Wednesday.
BUSINESS
Apr 10, 2002

Yamaha to boost presence in China, Asian markets

Yamaha Motor Co. said Tuesday it has launched a three-year business plan that focuses on sales growth in China and other Asian markets.
Takaichi's PM bid faces further headwinds with coalition split
LDP leader Sanae Takaichi and Komeito leader Tetsuo Saito attend a party leaders' meeting on Friday in Tokyo.
Powerful earthquake strikes off southern Philippines
Authorities inspect a damaged wall and a car outside a mall in Butuan, Philippines, on Friday, after a major earthquake struck the area.
Japan to move toward five-year integrated bachelor's-master’s programs
Japan plans to introduce nationwide five-year bachelor's-master's programs to raise graduate school enrollment and train more highly skilled professionals amid a shrinking workforce.
Tokyo named world’s best big city for second straight year
Tokyo was ranked the world's best large city for the second year in a row in the Conde Nast Traveler's 2025 Readers' Choice Awards.
Chemistry Nobel winner Kitagawa says downtime helped him think up new material
Susumu Kitagawa speaks to reporters at Kyoto University on Wednesday after receiving the news that he had been awarded the Nobel Prize in chemistry the same day.
‘Save the Ring’ calls intensify as Osaka Expo’s end nears
Visitors lounge on the grassy hill on the top of the Grand Ring during the 2025 Osaka Expo in the city of Osaka in May.
A Japanese comedian walks into an Aussie bar … and stays there
Takashi “Waka” Wakasugi stopped by the Tokyo Comedy Bar in Shibuya Ward last month following his stint at Edinburgh Festival Fringe performing his show “Comedy Samurai.”
Chemistry Nobel winner Kitagawa says downtime helped him think up new material
Susumu Kitagawa speaks to reporters at Kyoto University on Wednesday after receiving the news that he had been awarded the Nobel Prize in chemistry the same day.
University of Tokyo lands its highest spot ever in global higher education ranking
The University of Tokyo in Tokyo's Bunkyo Ward
With nuclear sub proposal, Japan faces array of political and tech challenges
The Jingei, the third of the Maritime Self-Defense Force's Taigei-class submarines, was commissioned in March last year. It is equipped with lithium-ion batteries, enabling it to have a longer diving time and cruising distance than older models with lead-acid batteries.

Podcast

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

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?
By Alex K.T. Martin

SUSTAINABLE JAPAN

Foreign wrestlers have a long history in sumo
Foreign wrestlers have a long history in sumo

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