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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.
BUSINESS
Mar 29, 2002

Nissan to maximize stake in Renault

Nissan Motor Co. said Thursday it will acquire 13.5 percent of its alliance partner Renault SA through subsidiary Nissan Finance Co.
BUSINESS
Mar 28, 2002

MMC president-to-be leaves no stone unturned

When he arrived in Tokyo more than a year ago from the Railsystem Unit of the DaimlerChrysler Group, Rolf Eckrodt, vice president and chief operating officer of Mitsubishi Motors Corp., gave each MMC executive a piece of the Berlin Wall encased in clear plastic.
BUSINESS
Mar 28, 2002

Three electric cable makers to merge

Sumitomo Electric Industries Ltd. and two other electric cable makers said Wednesday they have reached a basic agreement to integrate operations to overcome a slump in demand.
BUSINESS
Mar 23, 2002

Snow Brand Foods to sell additives unit to Nissho Iwai

Snow Brand Foods Co., a meat processor and subsidiary of Snow Brand Milk Products Co., said Friday that it will sell its imported food additives operation to trading house Nissho Iwai Corp. on March 31.
BUSINESS
Mar 21, 2002

Sanyo Electric expects lower earnings

OSAKA -- Sanyo Electric Co. said Wednesday it has revised its profit outlook downward for the year to March 31, primarily due to smaller-than-expected sales.
BUSINESS
Mar 19, 2002

Seiko mulls reducing holdings in Epson unit

Seiko Corp. on Monday confirmed news reports that it is considering selling part of its equity stake in Seiko Epson Corp. by the end of this month.
BUSINESS
Mar 19, 2002

Electronics titans aim for LSIs

Hitachi Ltd. and Mitsubishi Electric Corp. announced Monday that they will set up a joint venture to integrate their semiconductor businesses relating to system LSIs, or large-scale integrated circuit chips.
BUSINESS
Mar 9, 2002

Foreigners turn net buyers

Nonresident investors bought 113.87 billion yen more than they sold last week on the Tokyo, Osaka and Nagoya stock exchanges, against net sales of 37.93 billion yen the previous week, according to industry figures.
BUSINESS
Mar 7, 2002

Short selling turns higher

The balance of stocks sold short turned higher last week after the previous week's buying frenzy to cover short positions subsided.
BUSINESS
Mar 6, 2002

Mitsubishi Estate expects big losses

Mitsubishi Estate Co. said Tuesday it anticipates a consolidated net loss of 72.5 billion yen in the business year through March, a reversal from an earlier forecast profit of 20.5 billion yen, as it will write off latent losses on real estate holdings.
BUSINESS
Mar 5, 2002

Optimism abounds as TSE passes 11,000

Optimism is spreading rapidly throughout the Tokyo stock market. With the key Nikkei average having reclaimed 11,000, a level unseen for months, market players believe they have, for now, established the downside of the market.
BUSINESS
Mar 2, 2002

Misawa hits up UFJ for 70 billion yen

Misawa Homes Co. said Friday it has asked UFJ Bank to forgive 35 billion yen in loans and purchase 35 billion yen of its preferred shares in line with a new restructuring program.
BUSINESS
Mar 2, 2002

Komatsu forecasts larger net loss

Komatsu Ltd. said Friday it expects a larger-than-forecast group net loss for fiscal 2001, blaming a a sharp fall in demand for construction machinery that was caused by falling public investment and construction investment.
BUSINESS / ON THE FRONT LINE
Mar 2, 2002

Dollar may test 140 yen level by end of year

The dollar could snap out of its current range between 132 yen and 135 yen in mid-March and test the 140 yen line toward the close of fiscal 2001.
BUSINESS
Mar 2, 2002

Foreigners turn net sellers

Foreign investors turned net sellers of Japanese stocks last week.
SOCCER / World cup
Mar 1, 2002

FIFA 'ready' for World Cup

FIFA officials and representatives of the 32 teams competing in this year's World Cup wrapped up a two-day workshop in Tokyo on Thursday by declaring that they are ready to stage the World Cup in May and June.
EDITORIALS
Feb 28, 2002

Reform initiative faces setback

Prime Minister Junichiro Koizumi faces mounting difficulties as he tries to keep his reform initiative alive. His problem, in a nutshell, is that events are overtaking him. The gap between rhetoric and reality is widening amid growing signs of deflation. His favorite slogan, "structural reforms with...
BUSINESS
Feb 27, 2002

Nissan unveils first vehicle codeveloped with Renault

Nissan Motor Co. on Tuesday released the new version of its March compact car, the first vehicle to feature a platform jointly developed with its French partner, Renault S.A.
JAPAN
Feb 26, 2002

World Cup coins go on sale today

Orders for commemorative coins for this year's World Cup soccer finals to be cohosted by Japan and South Korea will be accepted from today to March 11, the Finance Ministry said Monday.
JAPAN
Feb 23, 2002

Snow Brand Foods to disband

Snow Brand Foods Co. will lay off most of its 1,000 employees in March and disband in April, the scandal-tainted firm said Friday.
BUSINESS
Feb 23, 2002

Foreigners snap up stocks

Foreign investors turned net buyers of Japanese stocks for the first time in five weeks last week.
BUSINESS
Feb 21, 2002

Noevir to sell cosmetic goods online

Cosmetics maker Noevir Co. said Wednesday it will begin selling products over the Internet in April.
BUSINESS
Feb 21, 2002

Cooking oil producers set to merge

A joint holding company to be formed April 1 by Honen Corp. and Ajinomoto Oil Mills Co. will merge with another cooking oil producer, Yoshihara Oil Mill Ltd., to create the largest domestic entity in the field, according to the three firms.
SPORTS / SPORTS SCOPE
Feb 21, 2002

'Rainbow Warrior' talks rugby, politics, life

Francois Pienaar is best known as the man who unified a nation.
BUSINESS
Feb 20, 2002

Matsushita widens loss estimate

Matsushita Communication Industrial Co. said Tuesday it has widened its estimate of losses for the year to March 31 because of wobbling sales of mobile phones at home and abroad.
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 14, 2002

Ozawa CD reaches No. 2 on charts

A compact disc featuring the Vienna Philharmonic Orchestra led by Japanese maestro Seiji Ozawa has jumped to No. 2 on Japan's album charts, according to figures compiled earlier this week.
BUSINESS
Feb 14, 2002

January beer shipments down 2.2%

Shipments of beer and "happoshu" -- a low-malt, beer-like sparkling liquor -- fell 2.2 percent in January from a year before to 360,539 kiloliters, according to data released Wednesday by Japan's five top brewers.

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?