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BUSINESS
Apr 25, 2002

J-Phone delays launch of 3G for second time

In a move that may cast fresh doubt over the next-generation mobile phone business, J-Phone Co. said Wednesday it will postpone its launch of third-generation cellular phone service again from June to December.
BUSINESS
Apr 23, 2002

FSA panel eyes new property rules

An advisory panel to the Financial Services Agency has unveiled a set of draft rules for accounting that would oblige businesses to book latent losses on fixed property holdings, starting in fiscal 2005.
COMMENTARY / World
Apr 18, 2002

Israeli offensive shakes Jordanian society

GAZA REFUGEE CAMP, Jordan -- Gloom hung over the house where Amin's adult daughter had died of an unknown disease. Rain was leaking through the tarpaulin that served as a roof in half of the two-room structure of mud brick and cinder blocks where 15 people live.
CULTURE / TV & Streaming / CHANNEL SURF
Apr 14, 2002

It's spring and renewal is in the air

English teachers will definitely want to check out Sunday's two-hour "SmaStation Spring Berabera Festival" (TV Asahi, 6:56 p.m.). "SmaStation" is the latest SMAP-related hit variety series, normally broadcast Saturday nights at 11 p.m. Taking its name from TV Asahi's influential nightly news program,...
BUSINESS
Apr 12, 2002

Zoellick proposes WTO ministerial talks

U.S. Trade Representative Robert Zoellick told Foreign Minister Yoriko Kawaguchi on Thursday that a four-way ministerial meeting should be held next month in Paris under the World Trade Organization, according to a ministry official.
COMMENTARY / World
Apr 11, 2002

Threat of new Iraqi war has neighboring Turkey on edge

ANKARA -- At his shop in the ancient citadel of this busy capital city, Satilimish Sutchuoglu and three fellow carpet sellers gather to drink tea and trade forecasts of economic doom.
BUSINESS
Apr 10, 2002

Premium income drops at most casualty insurers

Only four of the nation's top 11 casualty insurers saw their premium revenues rise in the 2001 business year, according to their preliminary financial results released as of Tuesday.
Japan Times
JAPAN
Apr 10, 2002

Nakata promotes Cup with Internet cafe

An Internet cafe set up by Japanese soccer player Hidetoshi Nakata will open in Tokyo from April 19 to July 14 in concert with the 2002 World Cup soccer finals, which are being cohosted by Japan and South Korea.
BUSINESS
Apr 9, 2002

Aeon logs record profits, sales

Aeon Co., which operates the Jusco supermarket chain, reported record sales and record profits on a consolidated basis for its business year, which ended Feb. 20, company officials said Monday.
COMMENTARY
Apr 8, 2002

The 'corporate governance' debate

Over the past decade, "corporate governance" has come to replace "industrial policy" and "Japanese-style management" as the key factor to explain Japanese business performance.
Japan Times
COMMUNITY
Apr 7, 2002

A profitable day at the races

The year was 1948: Japan was still recovering from the ravages of war. Bombed-out bridges needed rebuilding, cratered roads needed repaving and railroads had to be relaid. It would cost a fortune, but who would foot the bill?
BUSINESS
Apr 6, 2002

U.S. claim over phone costs inaccurate, Katayama says

Telecommunications minister Toranosuke Katayama on Friday dismissed an assertion by the United States that NTT DoCoMo Inc. is overcharging other carriers for connections.
BUSINESS
Apr 5, 2002

Asahi Mutual's new policy contracts see 17% increase

Struggling Asahi Mutual Life Insurance Co. said Thursday the number of new policy contracts in the 2001 business year is estimated to have grown 17 percent due to brisk sales of new products.
BUSINESS / ON THE FRONT LINE
Apr 5, 2002

Don't look for a strong yen showing soon

The yen appears likely to remain under downward pressure for some time.
BUSINESS
Apr 4, 2002

China rife with opportunities: Li

The growing Chinese market presents huge investment opportunities for Japanese companies, Li Peng, chairman of the Standing Committee of China's National People's Congress, said Wednesday in Tokyo.
EDITORIALS
Apr 3, 2002

Not an enduring recovery

A ray of sunlight is breaking through the clouds. That may be one way to describe the state of Japan's economy, judging from the latest "tankan" quarterly survey of business sentiment. The March report from the Bank of Japan, released Monday, says the confidence index for major manufacturers has stopped...
Japan Times
BUSINESS
Apr 3, 2002

Tokyo Marine, Nichido Fire integrate into holding firm

Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co. integrated their operations Tuesday and established a holding company that will eventually cover the Millea Insurance Group, which comprises three nonlife and one life insurer.
BUSINESS
Apr 2, 2002

Toyota aims for 15% global share by early 2010s

Toyota Motor Corp. said Monday it is aiming for a global market share of about 15 percent by the early part of the decade beginning in 2010.
BUSINESS
Apr 2, 2002

Mizuho Holdings sees new dawn

Mizuho Holdings Inc., the world's largest banking group by assets, made a fresh start Monday as its three core banks merged into two -- Mizuho Bank and Mizuho Corporate Bank.
Japan Times
BUSINESS
Apr 1, 2002

Nissan Construction Co., stiffed by Mycal, files for protection

Nissan Construction Co., affiliated with collapsed retailer Mycal Corp., has filed for protection from creditors.
COMMENTARY / World
Apr 1, 2002

Risks in waiting on Koizumi

When he debuted as prime minister, Junichiro Koizumi pledged economic and political reforms, saying there will be "no economic recovery without structural reforms." To implement the reforms, Koizumi said he was ready to overhaul the governing Liberal Democratic Party. I have supported Koizumi's determination,...
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 23, 2002

Daiwa announces tieup with Agricole

Daiwa Bank Holdings Inc., the nation's fifth-largest banking group, on Friday announced a business alliance with French bank Credit Agricole SA.
BUSINESS
Mar 15, 2002

Hitachi proposes one-year wage reduction of 5%

Hitachi Ltd. has proposed to its labor union that workers take a 5 percent wage cut for one year beginning April 1, company sources said Thursday.
BUSINESS
Mar 13, 2002

Kanto Bank, Tsukuba Bank eye 2003 merger

Kanto Bank, a regional bank in Ibaraki Prefecture, and Tsukuba Bank, a second-tier regional bank there, said Tuesday they have agreed to merge as part of efforts to ease clients' concerns over their financial health.
BUSINESS
Mar 12, 2002

JR Freight expects revenues to fall

JR Freight Co., the cargo operator of the JR group, unveiled Monday its business plan for 2002, predicting the economic slump will continue and push down the firm's overall revenues by 7.1 billion yen from the previous year to 159.3 billion yen.
BUSINESS / ON MANAGEMENT
Mar 12, 2002

Honesty as a policy

Although it seems that everybody now has an opinion on the Enron debacle, I still think that the business lessons to be learned have been slighted. In a sense, what has happened with this three-card monte version of a corporation is a reflection of the worst single tendency of the last quarter-century...
COMMUNITY
Mar 10, 2002

One nation under a hip-hop groove

Downtown West Shinjuku. The company workers have all gone home, leaving the streets quiet except for the sound of traffic.

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