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JAPAN
Nov 25, 2003

Broker sometimes trips on Japanese but always finds footing

Fourth in a series AKEMI NAKAMURA Staff writer Shortly after she began working at the Hong Kong unit of Nomura Securities Co. in March 1993, Sandra Wu Wen-Hsiu grimaced in pain and said in Japanese to her Japanese boss: "Shamelessness is aching."
Japan Times
BUSINESS
Nov 21, 2003

Tanigaki wants bond issues to stay below tax revenues

Finance Minister Sadakazu Tanigaki told a meeting of business leaders Thursday he wants to keep the issuance of fresh government bonds below the amount of tax revenues in the fiscal 2004 budget, a participant said.
BUSINESS
Nov 20, 2003

Snow Brand reports first-half net profit

Snow Brand Milk Products Co. on Wednesday reported a group net profit for the half year to Sept. 30, citing intense restructuring efforts.
BUSINESS
Nov 20, 2003

Nippon Keidanren eyes new donation plan

The Japan Business Federation (Nippon Keidanren) will encourage its member corporations to make political donations in accordance with the size of their membership fees to the group, Keidanren sources said Wednesday.
BUSINESS
Nov 19, 2003

Yamanouchi, Fujisawa may forge tieup

Yamanouchi Pharmaceutical Co. and Fujisawa Pharmaceutical Co. may integrate their business operations by 2005, company sources said Tuesday.
Japan Times
JAPAN
Nov 16, 2003

Mizuho Financial to sell off head offices

Mizuho Financial Group Inc. plans to sell the three former headquarters of the banks it was merged from, Fuji Bank, Dai-Ichi Kangyo Bank and the Industrial Bank of Japan, according to sources close to the company.
BUSINESS
Nov 15, 2003

Japanese company employees seek career upgrade after time overseas

Many employees at big Japanese corporations see their business environment change dramatically when they are transferred overseas.
Japan Times
BUSINESS
Nov 11, 2003

Barber chain QB Net's innovations clipped by tight regulations

The experiences of one Tokyo-based hair-cutting operator seem to show how archaic rules in Japan can stifle innovative business ideas.
COMMENTARY / World
Nov 9, 2003

APEC future rests on political relevancy

SEOUL -- Another APEC summit has come and gone but has anything really changed? The question that needs to be asked is whether the Asia-Pacific Economic Cooperation forum is still relevant? No one attending the recent APEC summit in Bangkok really wanted to leave -- especially after the magnificence...
Japan Times
BUSINESS
Nov 7, 2003

Cutting costs helps Mazda double profit

Mazda Motor Corp. said Thursday its consolidated net profit in the first half of fiscal 2003 doubled from a year earlier to 11.15 billion yen.
BUSINESS
Nov 7, 2003

Bad loans at major banking groups decline 13%

The combined balance of bad loans at the seven major banking groups appears to have dropped by 13 percent to 18.1 trillion yen during the six months to Sept. 30, according to banking sources.
BUSINESS
Nov 6, 2003

Shiseido suffers decline in first-half net profit

Hit by weak consumption and heavy pension costs, Shiseido Co. reported Wednesday its net profit in the fiscal first half dropped by more than a third from a year earlier to 6.56 billion yen.
BUSINESS
Oct 30, 2003

Fujitsu trims first-half loss to 58 billion yen

Computer maker Fujitsu Ltd. said Wednesday its net loss for the first half narrowed to 58.56 billion yen, citing the absence of a major restructuring charge booked a year ago.
EDITORIALS
Oct 28, 2003

Manifestos leave voters in the dark

Not all political parties campaigning for the Nov. 9 general election describe their campaign promises in the form of a "manifesto." But they all have a common objective: explaining their beliefs and policies to the electorate in clear language. Yet many descriptions are equivocal and even confusing...
Japan Times
JAPAN / TALKING SHOP
Oct 27, 2003

English a plus but don't sell job skills, discerning palate short

Nobuhiro Hashiba was aware that it was a thinly veiled test to see whether he would be a worthy boss or a mere business suit recently sent by a Japanese company.
COMMUNITY
Oct 26, 2003

IT star shines over 'Silicon Valley'

BANGALORE -- Weatherwise, Bangalore tends to be cooler than most cities in India, but businesswise it's the hottest destination.
JAPAN
Oct 26, 2003

Resona to solicit early retirements to accelerate revival plan

Resona Holdings Inc. plans to ask staff to take early retirement from January in an effort to accelerate its business restructuring program, sources close to the company said Saturday.
BUSINESS
Oct 21, 2003

Fukui, local BOJ chiefs voice concern over yen

Bank of Japan Gov. Toshihiko Fukui said Monday the central bank will closely watch developments in overseas economies and financial markets, apparently expressing caution over the rising yen.
BUSINESS / JAPANESE PERSPECTIVES
Oct 20, 2003

Japan must rethink trade policy

The outcome of the World Trade Organization's ministerial conference in Cancun, Mexico, in September was extremely regrettable and damaging to multilateral trade liberalization based on rules. However, we should not simply resent past failures. We should turn them into lessons for achieving the goals...
COMMUNITY
Oct 19, 2003

Labor pains

On a recent Saturday, some 80 delegates from the National Union of General Workers, Tokyo South, trudged through cold rain to gather at a conference hall near Mount Fuji for their annual meeting. Greetings were kept brief and to the point. After all, with the sour economy putting such pressure on unions,...
Japan Times
BUSINESS
Oct 18, 2003

Daiei books miserable first half

Struggling retailer Daiei Inc. said Friday its group net profit plunged 98.4 percent to 2.3 billion yen in the business first half due to the absence of a hefty one-time gain booked a year ago.
JAPAN
Oct 17, 2003

Japan and Mexico fail to strike FTA deal

Japan and Mexico threw in the towel Thursday, failing to strike a bilateral free-trade agreement after a four-day marathon of ministerial-level talks.
BUSINESS
Oct 17, 2003

Fast Retailing suffers 25% decrease in profit

Fast Retailing Co., operator of the Uniqlo chain, announced Thursday its group net profit dropped 24.8 percent to 20.93 billion yen for the business year that ended Aug. 31, marking the second straight year of decline.
BUSINESS
Oct 7, 2003

Fujitsu, Seimens subsidiary tie up

Electronics maker Fujitsu Ltd. formed a partnership Monday with a subsidiary of Siemens AG of Germany in the field of global computer services.
Japan Times
BUSINESS
Oct 7, 2003

Matsumoto Kiyoshi finds train stations bring in customers

Ginza, Shibuya and Tokyo's other well-known commercial districts are coveted by retailers for their ever-present shopping crowds.
BUSINESS
Oct 1, 2003

Nissan Diesel restructuring plan calls for bailout worth 106 billion yen

Struggling truck maker Nissan Diesel Motor Co. announced Tuesday a new restructuring plan that calls on Nissan Motor Co. and its three main banks to provide a 106 billion yen bailout.
Japan Times
BUSINESS
Oct 1, 2003

Late to offer self-service, gas stations now struggle for profits

Naotake Bando likes the simplicity. The 61-year-old motorist, who recently pulled into a self-service gas station in Chofu, western Tokyo, said he prefers to fill up his car by himself.
JAPAN
Oct 1, 2003

450 sue over 'power-saving' scam

About 450 small-business operators across Japan filed a raft of lawsuits Tuesday against the failed Tokyo-based retailer Idic Co. and eight consumer credit companies, claiming they were cheated into buying an expensive electricity-saving device that made no dent in their power bills.

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb