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LIFE / Digital / CYBERIA
May 31, 2000

The Net impact of giving

Last week I looked at the power of bulk buying that is being unleashed on Web sites such as Mercata and Mobshop. I genuinely like the concept, particularly because I like new models of e-commerce that push the Web's potential. If the aggregated consumer trend takes off like eBay, the wired consumer might...
BUSINESS
May 27, 2000

DVD firms, copyright groups near royalty deal

DVD equipment producers and copyright organizations are expected to reach an agreement under which makers will raise wholesale prices of their DVD recording machines and discs by 1 percent to cover the cost of paying royalties to the organizations, industry sources said Friday.
BUSINESS
May 27, 2000

NTT group's robust earnings belie deregulation rhetoric

Nippon Telegraph and Telephone Corp. on Friday released its first consolidated financial statement since its group reorganization in July, posting pretax profits of 825 billion yen on the group sales of 10.4 trillion yen for fiscal 1999.
BUSINESS
May 25, 2000

No end in sight for treadmill of bad loans

It has been the same story for years. When banks release their earnings reports in May, bank officials say they have written off their bad loans "pre-emptively." Since they have written off huge portions of their problem loans, their future costs for bad-loan disposal will be marginal, they say.
BUSINESS
May 25, 2000

Three shipbuilding firms in talks on 350 billion yen alliance

is planning comprehensive talks with Kawasaki Heavy Industries Ltd. and Mitsui Engineering & Shipbuilding Co. on a major shipbuilding tieup, industry sources said Wednesday. The alliance, which would have some 350 billion yen in combined sales, would be Japan's largest shipbuilding union, outperforming...
LIFE / Digital / CYBERIA
May 24, 2000

Shopping with the herd

We track the tickers of global auctions. We flock to comparative shopping sites seeking the deal of the century. We sign up for sweepstakes galore and even occasionally invite vendors into our in-boxes to inform us of their latest discounts.
BUSINESS
May 23, 2000

Sumitomo, Sakura back in black

Sumitomo Bank and Sakura Bank returned to the black in fiscal 1999, partly due to gains from sales of stocks and fewer bad-loan writeoffs compared to the year before, according to their earnings reports released Monday.
BUSINESS
May 20, 2000

FamilyMart opens joint e-commerce firm

Japanese convenience store operator FamilyMart Co. was to set up a joint venture with six other firms Friday to bring e-commerce to convenience stores.
BUSINESS
May 20, 2000

Nonlife insurance firms hit fork in road

Polarization between winners and losers became apparent Friday when the nation's major and second-tier nonlife insurance companies released their earning reports for fiscal 1999.
BUSINESS
May 11, 2000

Honda to improve safety with multiple crash tests

Honda Motor Co. will improve the safety of its cars through realistic crash tests involving multiple cars colliding at various angles, Hiroyuki Yoshino, president of the major Japanese automaker, said Wednesday.
JAPAN
May 9, 2000

Takashimaya enters Nagoya on quest for piece of the pie

NAGOYA -- For 20 years, the city with the nation's highest private savings rate had only four major department stores.
JAPAN
May 3, 2000

Harmonica craze hits high note

Considering he's been out of work for over seven months, you'd expect Yusuke Ozaki's harmonica playing to hit a melancholic note.
COMMUNITY
Apr 20, 2000

The TW200 takes a ride on the wild side

If the TW200 was a person rather than a motorbike, it would be flooded with offers to star in before-and-after ads for a trendy esthetic salon.
BUSINESS
Mar 28, 2000

Car manufacturer alliances aim to exploit partners' strengths

As Mitsubishi Motors Corp. on Monday announced a capital tieup with DaimlerChrysler AG, the dust may begin to settle from a series of realignments that have changed the landscape of Japan's automotive industry.
BUSINESS
Mar 24, 2000

Toyota, GM, Yamaha tie up on Web

Toyota Motor Corp. is planning to advertise on its Web site cars manufactured by General Motors Corp. of the United States and motorcycles made by Yamaha Motor Co., company sources said Thursday.
JAPAN
Mar 22, 2000

Aum firms concealed income

Two personal computer-related companies affiliated with Aum Shinrikyo failed to declare some 700 million yen in taxable income in 1997 and 1998, sources said Tuesday.
BUSINESS
Mar 22, 2000

0.2% increase in capital spending seen

Major Japanese corporations are planning to invest 0.2 percent more on equipment in fiscal 2000, the first increase in four years, the government-affiliated Development Bank of Japan said Tuesday.
BUSINESS
Mar 21, 2000

Troubled Toshiba to keep president

Toshiba Corp. President Taizo Nishimuro will likely remain in the top post even though the firm is expected to post losses for a second consecutive business year, informed sources said.
BUSINESS
Mar 16, 2000

SESC calls for brokerage to be punished for fraud

The Securities and Exchange Surveillance Commission recommended Wednesday that financial regulators punish Minami Securities Co. for fraudulently selling corporate bonds, commission officials said.
COMMENTARY / World
Mar 15, 2000

China remains a paradise for pirates

Even by the standards of China's billion-dollar piracy industry, it was a remarkable gaffe. The Guangzhou No. 11 Rubber Factory had opened its doors to London International Group executives, hoping to produce Durex condoms in China. As they moved from the latex dippers to the packaging lines, that something...
BUSINESS
Mar 14, 2000

Nissho Iwai and Nichimen to unite materials units

Nissho Iwai Corp. and Nichimen Corp. announced Monday that they have agreed to merge their building materials subsidiaries on July 1 in response to the sluggish domestic market.
EDITORIALS
Mar 12, 2000

Here comes the cashless society

The experts may be right that e-commerce and online shopping represent the unstoppable wave of the future. But with all the media attention being lavished on cybermarketing, perhaps not enough attention is being paid to other new ways in which determined merchants are trying to get reluctant consumers...
BUSINESS
Mar 11, 2000

Two chemical firms to settle antitrust suit

OSAKA -- Daicel Chemical Industries Ltd. and Nippon Synthetic Chemical Industry Co. said Friday they have agreed to pay $39.7 million to settle out of court a U.S. antitrust lawsuit over their sales of sorbic acid.
BUSINESS
Mar 10, 2000

IT sector leads way for huge gains in corporate pretax profits

A triple-digit surge in the pretax profits of personal computer makers and telecommunication companies more than offset a steep decline in other sectors as the combined figure jumped 41.8 percent in the October-December quarter.
BUSINESS
Mar 8, 2000

Recovery mood to yield brisk April activity

Much of the uptrend in share prices has run out of steam as corporate investors stepped up sales to take profits and unwind cross-shareholding ties.
JAPAN
Mar 7, 2000

Former defense official served with fresh bribery warrant

OSAKA -- A former Defense Facilities Administration Agency official under arrest for fraud was served a fresh warrant Monday on suspicion he accepted 2 million yen in bribes from an oil sales company to help the firm start business with the Defense Agency, prosecution officials said.
JAPAN
Mar 5, 2000

Taisho Life ordered to recapitalize

The Financial Supervisory Agency has ordered Taisho Life Insurance Co. to recapitalize and improve its management after an agency inspection found the small life insurer to be financially weak, industry sources said Saturday.
BUSINESS
Mar 2, 2000

Machinery orders presage smooth sailing

The latest batch of encouraging economic and corporate earnings reports could presage a more stable stock market in the near term.
JAPAN / Media
Mar 2, 2000

Never mind public health; insiders rule

It will be interesting to see how "The Insider" is promoted when it opens here in May. If it wins a bunch of Academy Awards, then the campaign will be easy, but if it doesn't then the PR people will have to be creative. Most Japanese ad campaigns for foreign films rely on stars, but Russell Crowe, who...

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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?