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October 12, 2025
 

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BUSINESS
Nov 16, 2001

Mitsubishi Heavy cuts interim losses

Mitsubishi Heavy Industries Ltd. said Thursday that aggressive cost-cutting measures sharply reduced group net losses in the first half of fiscal 2001.
BUSINESS
Nov 15, 2001

MMC logs first-half loss, optimistic for end of year

Mitsubishi Motors Corp. said Wednesday it suffered 31.49 billion yen in consolidated net losses in the first half of the business year, but predicted it will break even for the full year through March 31.
BUSINESS
Nov 15, 2001

Hankyu Stores profits soar 1,042%

Hankyu Department Stores Inc. said Wednesday its consolidated net profit in the first half to Sept. 30 rose 1,042.2 percent to 1.59 billion yen due to large-scale cost cutting.
BUSINESS
Nov 13, 2001

Asahi Bank to unload 200 billion yen in bad loans

Asahi Bank announced plans Monday to cut roughly 200 billion yen in bad loans in two years through a tieup with U.S. investment bank Goldman Sachs Group Inc., allaying market fears about Asahi's financial strength.
BUSINESS
Nov 9, 2001

Marubeni's '01 outlook sours

In a dramatic reversal of fortune, Marubeni Corp. expects to post consolidated net losses of 105 billion yen for the 2001 business year after earlier projecting a 15 billion yen profit, company officials said Thursday.
BUSINESS
Nov 8, 2001

DoCoMo's interim group net profit dives

Suffering from huge appraisal losses on an overseas investment, cellular operator NTT DoCoMo Inc. said Wednesday its group net profit in the first half of fiscal 2001 plunged to 103.8 billion yen, down 52.2 percent from a year earlier.
BUSINESS
Nov 8, 2001

DoCoMo's interim group net profit dives

Suffering from huge appraisal losses on an overseas investment, cellular operator NTT DoCoMo Inc. said Wednesday its group net profit in the first half of fiscal 2001 plunged to 103.8 billion yen, down 52.2 percent from a year earlier.
BUSINESS
Nov 3, 2001

LDP wants to set target for inflation

An amendment to the Bank of Japan Law endorsed Friday by a Liberal Democratic Party working group includes a provision to set an inflation target, according to LDP officials.
BUSINESS
Nov 3, 2001

LDP wants to set target for inflation

An amendment to the Bank of Japan Law endorsed Friday by a Liberal Democratic Party working group includes a provision to set an inflation target, according to LDP officials.
JAPAN
Oct 31, 2001

Public skeptical about safety of Japanese beef

More than 56 percent of the public do not believe the government declaration made earlier this month that domestic beef is safe from mad cow disease, according to a Kyodo News survey released Tuesday.
BUSINESS
Oct 27, 2001

Foreigners become net sellers again

Foreign investors sold more Japanese stocks than they bought on the Tokyo, Osaka and Nagoya stock exchanges in the third week of October, the Tokyo Stock Exchange said Thursday.
BUSINESS
Oct 26, 2001

NTT dials in reform program

Nippon Telegraph and Telephone Corp. unveiled on Thursday a reform program to cope with recent changes in the telecommunications industry and revised downward its sales projection from 12.1 trillion yen to 11.94 trillion yen for this business year.
BUSINESS
Oct 25, 2001

Asia holds key to GM's outlook, chairman says

The boss of American auto giant General Motors Corp. believes the Asia-Pacific market will dictate the carmaker's global sales outlook.
BUSINESS
Oct 23, 2001

Hoya posts group profit for first half

Hoya Corp., the nation's largest producer of optical glass and eyeglasses, announced Monday group net profits of 13.66 billion yen for the first half of fiscal 2001, down 0.2 percent from a year earlier.
BUSINESS
Oct 23, 2001

Kao profits fell in first half of '01

Kao Corp. said Monday its year-on-year net profit fell 0.8 percent on a group basis to 31.4 billion yen in the April-September first half of fiscal 2001.
BUSINESS
Oct 19, 2001

Fujitsu, IBM negotiating tieups

Compiled from wire reports Fujitsu Ltd. and IBM Corp. are negotiating a tieup involving the joint development and use of software and technical cooperation for computer servers, Fujitsu said Thursday.
BUSINESS
Oct 19, 2001

Nissan posts record half-year results

Nissan Motor Co. said Thursday it will post a record consolidated operating profit of 187 billion yen for the first half of fiscal 2001, due to continued progress in its ongoing three-year restructuring plan.
BUSINESS
Oct 19, 2001

Bosch units set to merge on July 1

Bosch Automotive Systems Corp. and Bosch Braking Systems Co. -- both Japanese affiliates of German auto parts maker Robert Bosch GmbH -- on Thursday signed an agreement to merge July 1.
BUSINESS
Oct 18, 2001

JR East expects higher net profits

East Japan Railway Co. on Wednesday revised upward its group net profit forecast for the 2001 business year to 82 billion yen from the previous 79 billion yen, as gains from sales of shares in an affiliate eclipsed appraisal losses on its securities holdings.
BUSINESS
Oct 9, 2001

Nation's airlines remaining steadfast in face of aftershocks from terrorism

Declines in passenger loads and increases in insurance premiums after last month's devastating terrorist attacks in the United States are threats to Japanese airlines as they are to other carriers, but reaction in Japan may not be as drastic.
JAPAN
Oct 6, 2001

Farmers angry at ministry foot-dragging

NODA, Chiba Pref. -- It is worse than the market collapse during the economic slump triggered by the 1973 oil crisis, when beef prices plunged by two-thirds.
BUSINESS
Oct 3, 2001

IHI slashes this year's earnings forecasts

Ishikawajima-Harima Heavy Industries Co. said Tuesday it has revised down its full- and half-year group earnings projections for the 2001 business year, citing hefty appraisal losses on its stock portfolios and a troubled subsidiary.
BUSINESS
Sep 28, 2001

Hitachi plans to spin off two divisions by April

Hitachi Ltd. said Thursday it will spin off its home appliance group and industrial components and equipment group in an effort to speed up management decisions.
BUSINESS
Sep 22, 2001

Foreigners turn net sellers of Japan stocks

The recent terrorist attacks in the United States prompted foreign investors to unload their equity holdings on the Japanese stock market last week.
BUSINESS
Sep 15, 2001

Daikin arm to oversee China units

OSAKA -- Industrial air conditioner manufacturer Daikin Industries Ltd. said Friday it has set up a wholly owned unit in Beijing to oversee air conditioner and chemical products operations at the company's Chinese subsidiaries.
BUSINESS
Sep 15, 2001

Mitsubishi revises down profit outlook

Mitsubishi Electric Corp. on Friday revised downward its earnings projections for the first half of fiscal 2001, blaming the plunge in global demand for semiconductors and mobile phones.
JAPAN
Sep 13, 2001

Nikkei falls under vital 10,000 line

The benchmark Nikkei stock average tumbled below 10,000 for the first time in 17 years Wednesday as chaos overcame world financial markets following terrorist attacks in the United States the previous day.
CULTURE / Music / J-POPSICLE
Sep 12, 2001

You ain't nuthin' but a henjin

What a wacky guy Junichiro Koizumi is. When he's not battling bureaucracy or trying to revive the ailing economy, Japan's unprecedentedly popular prime minister likes nothing better than to chill out and listen to the music of the King: Elvis Presley.
BUSINESS / TAKING STOCK
Sep 11, 2001

Market rebound likely after end of month

The Tokyo stock market is seeking its downside, with the 225-issue Nikkei average plunging close to 10,000 amid concern over global economic and corporate earnings prospects.
University of Tokyo lands its highest spot ever in global higher education ranking
The University of Tokyo in Tokyo's Bunkyo Ward
‘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.
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.
After ruling bloc breakup, CDP and Komeito eye unified PM candidate
Constitutional Democratic Party of Japan leader Yoshihiko Noda speaks to reporters at the Diet in Tokyo on Friday.
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.
Ghost of Yotei’s bloodstained fun sidesteps Ainu identity
Ghost of Yotei, the follow-up to 2020's smash hit Ghost of Tsushima, is a violent, vengeful and engaging romp through 17th-century Hokkaido that fails to stick the landing on its most sensitive cultural material.
‘Takaichi trade’ starts unwinding as political calculus upended by Komeito exit
Less than a week ago, Sanae Takaichi seemed set to become Japan's first female prime minister.
‘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.

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

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