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BUSINESS
Aug 11, 2001

Mabuchi cuts earnings projections

Mabuchi Motor Co. said Friday it has revised downward its group earnings projections for the year to Dec. 31, citing valuation losses on equity holdings.
BUSINESS
Aug 11, 2001

McDonald's unit sees profits fall

Nearly two weeks after its initial public offering, fast-food chain operator McDonald's Co. (Japan) Ltd. announced Friday that it posted 12.61 billion yen in pretax profits for the first half of this year, down 9.6 percent from a year earlier.
BUSINESS
Aug 11, 2001

Brewers' shipments down in July

Combined shipments of beer and "happoshu," a low-malt, beer-like liquor, fell 17.4 percent to 667,646 kiloliters in July from a year earlier, according to data released Friday by the nation's five major brewers.
JAPAN
Aug 11, 2001

Tobacco lobby keeps lid on state health plans

Staff writerSusumu Motojima, head of Japan Tobacco Inc.'s Kyoto branch, recently said smoking is a "pastime or habit an adult has the right to choose."
BUSINESS
Aug 7, 2001

Coincident index adds evidence of contraction

The key gauge of the nation's economic health stayed below the boom-or-bust line of 50 percent in June for the sixth-straight month, providing more evidence of economic contraction, the government said Monday.
BUSINESS
Aug 6, 2001

Wine exporters focus on Asia

BORDEAUX, France -- Japan is firmly back on the agenda for many wine exporters despite its continued economic slump, and value for money at the lower end should improve further. However, futures prices already indicate the prestige 2000 Bordeaux vintages won't be cheap.
JAPAN
Aug 1, 2001

Bath salt vendors flout norm, chase smell of success

OSAKA -- The Japanese affinity with hot spring resorts has long provided a market for firms selling bathing salts containing various minerals and ingredients.
COMMENTARY / World
Jul 14, 2001

Turning talk of free trade into policy

LONDON — Japan's trade sanctions joust with China is small beer in world terms — or even in the context of the overall commerce between the two nations. But it sounds a warning bell — all the more so since it is just one of a series of challenges to free and open trade that could throw into doubt...
BUSINESS
Jun 28, 2001

Businesses expect upturn next quarter

Major businesses are expecting business conditions to improve in the July-September quarter, according to a government survey released Wednesday.
JAPAN
Jun 19, 2001

Nonutilities slow to light up newly opened market

Fifteen months after the partial liberalization of the electricity retail market, new players in the industry remain scarce.
COMMUNITY
Jun 3, 2001

A new lease on life

Prosperous economies produce waste. Throw in rampant consumerism and a laissez-faire attitude toward the environment, and you've got the makings of a serious problem. Welcome to Japan. A host of treasures awaits you . . .
BUSINESS
Jun 1, 2001

Shiokawa eyes abolition of capital gains levies

Finance Minister Masajuro Shiokawa plans to call on the ruling parties to consider an early abolition of the withholding tax on stock transactions.
BUSINESS
May 31, 2001

More Gucci stores, brands coming

Italian fashion giant Gucci Group N.V. will open more stores in Japan and introduce new brands this year, Gucci Group President Domenico De Sole said Wednesday at a news conference in Tokyo.
BUSINESS
May 29, 2001

Debt-waiver puts Hazama in the black

Hazama Corp. said Monday its group net balance in fiscal 2000 swung back into the black as a one-time gain from a 105 billion yen debt-waiver wiped out most of its extraordinary losses.
BUSINESS
May 29, 2001

Fast track eyed for easing capital-gains tax

Finance Minister Masajuro Shiokawa said Monday he wants to accelerate the schedule for simplifying the capital-gains taxes on stock sales.
BUSINESS
May 29, 2001

Petrochemical firms will have to disband price cartel

The Fair Trade Commission will order seven major petrochemical firms to scrap a polypropylene price cartel and pay billions of yen in penalties, sources familiar with the case said Monday.
BUSINESS
May 28, 2001

Isuzu plans to cut 9,000 jobs by 2004

Isuzu Motors Ltd. plans to cut costs by slashing 9,000 jobs over the next three years, reducing its 38,000-strong group workforce by 25 percent, company sources said.
CULTURE / TV & Streaming / CHANNEL SURF
May 27, 2001

Who says that women can't have it all?

Several weeks ago, this column covered TBS's romantic comedy series "Love Story," in which Miho Nakayama plays a not-so-successful book editor whose employer tries to force her to quit by assigning her to its most difficult author. Though, as with all "trendy dramas," this one is mainly about love, Nakayama's...
BUSINESS
May 26, 2001

Two major banking groups suffer losses

Bad loans continued to make a dent in major banks' profits in fiscal 2000, even as the heat intensified to get to the bottom of the problem, according to fiscal earnings reports announced by Friday.
BUSINESS
May 25, 2001

Four new execs for Japan Telecom

Japan Telecom Co. announced Thursday that four executives from Vodafone Group PLC of Britain will be members of its board, which is expected to be approved at the shareholders meeting June 28.
BUSINESS
May 23, 2001

Recommendations on new tax system due by yearend

A government tax panel plans to compile recommendations regarding taxation on securities transactions by the end of this year, with an eye to introducing a comprehensive tax system with a broader basis.
JAPAN
May 23, 2001

Bridgestone president blames Ford for failing to explain tire problems

Bridgestone Corp. President Shigeo Watanabe on Tuesday said that the firm's move to end almost 100 years of supplying tires to Ford Motor Co. was a "wrenching decision."
BUSINESS
May 19, 2001

Nonresidents continue their spending spree

Foreign investors were net buyers of Japanese stocks for the eighth straight week last week.
BUSINESS
May 18, 2001

Sony, Toshiba to make thinner chip technology

Sony Corp. and Toshiba Corp. will jointly develop processing and design technology for producing system large-scale integrated circuits with widths of 0.07 micron to 0.1 micron, the two announced Thursday.
BUSINESS
May 11, 2001

Omron unveils earnings targets

KYOTO -- Omron Corp., a major automated control equipment manufacturer, said Thursday it intends to raise return on equity to 10 percent from the current 6.7 percent through sales of 750 billion yen and pretax profits of 80 billion yen by the end of fiscal 2004.
JAPAN
May 10, 2001

Tax evasion nets seafood giant

The Tokyo District Public Prosecutors Office on Wednesday arrested a former senior official of Maruha Corp., Japan's seafood industry leader, on suspicion of tax evasion, prosecutors said.
CULTURE / Music / J-POPSICLE
May 9, 2001

3G phones -- putting your music where your mouth is

Today's topic, class, is how to promote music in Japan and keep the Japanese music biz afloat. Are you ready? Then I'll begin.
BUSINESS
May 5, 2001

Competition fuels plastic tank firm's quest for market share

As global groupings of carmakers force auto parts makers to intensify domestic competition, Inergy Automotive Systems SA, a French plastic fuel-tank maker, is gearing up to take a larger bite of the fuel tank market in Japan with its advanced technology and worldwide activities.

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