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BUSINESS
Mar 7, 2002

Aoki identifies rehab sponsors

Bankrupt second-tier general contractor Aoki Corp. said Wednesday it has persuaded midsize general contractors Takamatsu Corp. and Komatsu Construction Co. to sponsor its court-led rehabilitation plan.
BUSINESS
Feb 27, 2002

Daiei bailout now put at 520 billion yen

The three main creditor banks of Daiei Inc. plan to increase their financial support for the troubled supermarket chain to 520 billion yen from the initially planned 420 billion yen, sources said Tuesday.
BUSINESS / ON MANAGEMENT
Feb 26, 2002

Avoiding strikeouts when you decide who to promote

When it comes to success rate, business shares at least one thing with baseball -- you tend to strike out a lot more than you get on base.
COMMENTARY / World
Feb 25, 2002

Flawed theory, leadership thwart recovery

For many, the inability of Japan's economy to recover remains a mystery. This inability to assess the situation arises from misjudgments concerning the nature of the malaise and can be traced to the application of faulty economic theory.
BUSINESS
Feb 23, 2002

Japan Metals throws in towel, seeks protection from creditors

Japan Metals & Chemicals Co., the nation's top ferroalloy manufacturer, on Friday afternoon stopped trying to rehabilitate itself and filed for court protection from creditors.
COMMUNITY
Feb 23, 2002

Beauty and brains behind company clear as glass

Company President Narumi Tanaka is alone Monday morning, holding the fort in her office in Tokyo's Shibuya Ward. Her staff -- three full-timers, one part-timer and her husband -- are out and about on what she calls "the client site." A good thing, we agree, because it means TRANSe Project is at full...
JAPAN
Feb 22, 2002

Libyan trade insurance about to be reinstated

In a move that will please domestic businesses struggling amid a deep recession but could rub the United States the wrong way, Japan is working behind the scenes to take a significant policy step toward closer economic ties with Libya.
BUSINESS
Feb 21, 2002

Asahi Breweries rides 'happoshu' wave into the black

Leading Japanese brewer Asahi Breweries Ltd. said Wednesday it posted a net profit of 13.62 billion yen in its business year to Dec. 31, helped partly by its entry into the "happoshu" market last February.
BUSINESS
Feb 20, 2002

Koito buys U.S. plane-seat servicer

Koito Industries Ltd. said Tuesday it has acquired KPS N.A. Inc., a U.S. maintenance firm for airplane seats, to strengthen its airplane business in North America.
CULTURE / Books / THE ASIAN BOOKSHELF
Feb 17, 2002

Let the masses consume

CHINA'S CENTURY: The Awakening of the Next Economic Powerhouse, edited by Lawrence J. Brahm. John Wiley & Sons, 2001, 421 pp., $24.95 (cloth) Pick up an international paper published before Sept. 11, and China is either on the front page or generously featured inside. Not anymore. The rising giant of...
BUSINESS
Feb 16, 2002

McDonald's logs '01 sales decline on mad cow scare

Ltd. said Friday it suffered a sharp decline in unconsolidated profits in 2001 due to falling hamburger sales after the mad cow disease outbreak in September. The fast food operator also announced that as part of a drive to reverse this trend it has agreed with Pret A Manger, a London-based sandwich...
BUSINESS
Feb 8, 2002

Mitsubishi saw profit dive 45% in third quarter

Mitsubishi Corp. said Thursday its group net profit in the October-December period plunged 45.3 percent from a year earlier to 10.43 billion yen on operating revenue of 3.37 trillion yen, down 4.5 percent.
Japan Times
BUSINESS
Feb 6, 2002

Snow Brand looks to tieups to survive series of scandals

Snow Brand Milk Products Co. announced Tuesday that it is studying tieups with third party firms to overcome a series of scandals involving its subsidiary Snow Brand Foods Co.
CULTURE / Books / THE ASIAN BOOKSHELF
Feb 3, 2002

Japan makes a profitable connection

THE MOBILE INTERNET: How Japan Dialed Up and the West Disconnected, by Jeffrey Lee Funk. ISI Publications, 2001, 200 pp. $32 (cloth) In the 1970s and '80s, Japanese carmakers flooded world markets with products fresh from factories where workers wore uniforms, sorted parts into brightly colored bins,...
BUSINESS
Feb 1, 2002

Ministry panel to weigh creation of economic zones

The Ministry of Economy, Trade and Industry asked an advisory panel Thursday to look into the creation of more special economic zones in Japan in an attempt to reinvigorate the sluggish economy.
JAPAN
Feb 1, 2002

Union Jichiro mulls way to remove scandal taint

Jichiro, the All-Japan Prefectural and Municipal Workers' Union, opened a two-day special convention Thursday in Tokyo to discuss how to rebuild the organization in the wake of a tax evasion scandal involving former executives and the revelation of massive off-the-book debts.
JAPAN
Feb 1, 2002

Temple U. dean seeking larger enrollment

About 30 American universities established branch schools in Japan during the 1980s and early 1990s, and although many of them have since departed, the new dean of Temple University Japan is seeking to expand enrollment.
BUSINESS
Jan 31, 2002

Slump shows no indication of letting up

Decelerating business activity and deteriorating employment conditions show no signs of abating, the Finance Ministry said in a report Wednesday.
JAPAN
Jan 30, 2002

Snow Brand admits units in Kanto also in on scams

Snow Brand Food Co. acknowledged Tuesday that two of its Kanto-based meat units also misstated imported beef as domestic meat in early November in an attempt to reduce inventories and win government subsidies related to the outbreak of mad cow disease in mid-September.
JAPAN
Jan 29, 2002

Snow Brand Food admits additional labeling fraud

Snow Brand Food Co., already hit by a scandal relating to mad cow disease and falsely labeled meat, on Monday admitted that two Snow Brand employees intentionally mislabeled beef originating from Hokkaido to pass it off as being from Kumamoto Prefecture.
COMMENTARY
Jan 29, 2002

Work-sharing accord nears

Amid the prolonged recession, Japanese officials are giving serious consideration to a work-sharing system that has been common in Europe for a long time. Last month, government, labor and management officials held a top-level meeting to discuss the issue under orders from Prime Minister Junichiro Koizumi....
JAPAN
Jan 29, 2002

Osaka consultant stiffs clothing market tenants

OSAKA -- A Japanese consulting firm has failed to pay 25 million yen to South Korean merchants in a failed wholesale clothing market it managed, sources close to the case said Monday.
CULTURE / TV & Streaming / CHANNEL SURF
Jan 27, 2002

Can't start a fire without a match

A popular format for variety specials is the omiai, bringing together single men and women for the purpose of making couples. Often the stated goal is nothing more than dating, but of course the ultimate goal is matrimony.
EDITORIALS
Jan 22, 2002

Houston, we have a problem

The fallout from the collapse of Enron, the Houston, Texas-based energy conglomerate, continues to accumulate. Enron's spectacular implosion -- the largest bankruptcy in history -- raises questions on issues ranging from accounting rules to White House access and influence. It might be a cautionary tale...
CULTURE / TV & Streaming / CHANNEL SURF
Jan 20, 2002

Fifty lashings for serving up wet noodles

This week, former teenage beauty queen Ryoko Sakaguchi returns to "Tuesday Suspense Theater" (Nippon TV; 9:03 p.m.) for the fifth time. She stars in "Rinsho Shinrishi (Clinical Psychologist)" as college lecturer Yuri Matsunami, who uses her psychoanalytical skills to solve murder mysteries that leave...
BUSINESS
Jan 18, 2002

Dire economic assessment unchanged in latest report

The Bank of Japan left its assessment of the nation's economy unchanged in its January economic and financial report, saying it continues to worsen.
BUSINESS
Jan 11, 2002

Matsushita Electric Industrial to streamline group firms

Matsushita Electric Industrial Co. formally announced Thursday that it will transform five group firms into wholly owned subsidiaries Oct. 1.

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