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BUSINESS
Nov 13, 2001

Chugai Pharmaceutical gets first-half profits boost

Chugai Pharmaceutical Co. said Monday its consolidated pretax profits increased 10.2 percent during the first half of the business year to 18.85 billion yen.
BUSINESS
Nov 10, 2001

U.S. Chamber of Commerce urges reforms push

The U.S. business community is urging Japan to pursue reforms that will help the economy and attract more American investment, the visiting chairman of the U.S. Chamber of Commerce said Friday.
BUSINESS
Nov 10, 2001

U.S. Chamber of Commerce urges reforms push

The U.S. business community is urging Japan to pursue reforms that will help the economy and attract more American investment, the visiting chairman of the U.S. Chamber of Commerce said Friday.
Japan Times
JAPAN
Nov 8, 2001

Memorial held for Mike Mansfield, longest-serving U.S. envoy to Japan

A memorial service for former U.S. Ambassador to Japan Mike Mansfield, who died Oct. 5 in Washington at the age of 98, was held Wednesday at a hotel in Tokyo.
COMMENTARY
Nov 4, 2001

Attacks now an excuse to barbecue pork

WASHINGTON -- Patriotism is the last refuge of the scoundrel, it has been said, and never was it more obvious in the United States than in the aftermath of the Sept. 11 terrorist attacks. Rescuers were still searching for bodies from the smoldering rubble when lobbyists descended upon Washington, D.C....
BUSINESS
Nov 3, 2001

Trade groups to lobby for new talks

Japanese and European business lobbies will contrive to put a wide range of issues on the agenda at a new round of World Trade Organization talks, officials at the Japan Federation of Economic Organizations (Keidanren) said Friday.
EDITORIALS
Nov 2, 2001

Tasks for the corporate TSE

The Tokyo Stock Exchange acquired a new legal status as a corporation, effective Thursday, shedding its 52 years' standing as a nonprofit organization. This welcome step follows the global trend of incorporation of stock exchanges. The new TSE has the blessing of those concerned, including market players,...
BUSINESS
Oct 28, 2001

Matsushita plans merit-based pensions

OSAKA -- Matsushita Electric Industrial Co. is seeking to change its near-uniform retirement allowance system and generous high-yield company pension program, Matsushita sources said Saturday.
COMMUNITY
Oct 28, 2001

Plunder in a land of plenty

KYZYK-SUU, Kyrgyzstan -- When Canadian mining giant Cameco Corp. opened the Kumtor gold mine in the former Soviet republic of Kyrgyzstan in 1996, logistics were considered to be the greatest obstacle.
BUSINESS
Oct 27, 2001

Market slump damages Daiwa's interim earnings

Daiwa Securities Group Inc. said Friday its group pretax profit for the first half of fiscal 2001 plunged 98.9 percent from a year earlier to 1.18 billion yen.
JAPAN
Oct 25, 2001

Tokyo Shogin illegal loan case deepens

The former head of failed credit union Tokyo Shogin, already under arrest on suspicion of embezzlement and extending 1.62 billion yen in illegal loans, provided another 3 billion yen in illegal loans to a Tokyo business group, investigative sources said Wednesday.
BUSINESS
Oct 20, 2001

Daiei's losses come to 3.99 billion yen

Struggling supermarket-chain operator Daiei Inc. on Friday reported unconsolidated net losses of 3.99 billion yen for the March-August term.
BUSINESS
Oct 18, 2001

Bankruptcy rush simmering: Teikoku Databank expert

Katsuyuki Kumagai has witnessed an abundance of corporate bankruptcies during his 17-year tenure at a credit research firm.
JAPAN
Oct 12, 2001

UBC exec made a packet on client's shares

Prosecutors are investigating an executive at UBC Corp., a Tokyo data-processing company linked to the nation's largest labor union, who made huge personal gains by selling shares in a client company, sources said Thursday.
Japan Times
COMMUNITY
Oct 7, 2001

10,000 views of Mount Fuji, rising through the steam

The view from the bath is picture-perfect. Through the thick steam rising from the piping hot water, foothills dotted with lush pines and rolling fields of greens and gold give way to a turquoise-blue ocean. From the center rises Mount Fuji, its snow-dusted peak circled in a halo of marshmallow-like...
BUSINESS
Oct 6, 2001

Key economic health gauge hit zero in August

The key gauge of economic health came to zero in August, remaining well below the boom-or-bust line of 50 percent for the eighth straight month, the government said Friday in a preliminary report.
BUSINESS
Oct 5, 2001

Japanese, ASEAN execs mull China, terror attacks

The annual meeting between business leaders from Japan and six of the 10 ASEAN countries began Thursday in Tokyo.
BUSINESS
Oct 3, 2001

Oki revises '01 earnings estimates

Oki Electric Industry Co. said Tuesday it has downwardly revised its net balance forecast for fiscal 2001 to an 8.5 billion yen loss on a group basis. It previously forecasted a 9 billion yen profit.
BUSINESS
Sep 28, 2001

Shiokawa says Japan still open to Indonesia's ODA needs

Despite a planned cut in the overall amount of official development assistance dished out to Indonesia in fiscal 2002, Japan will attach "due consideration" to Indonesia's needs, Finance Minister Masajuro Shiokawa told visiting Indonesian President Megawati Sukarnoputri on Thursday.
BUSINESS
Sep 27, 2001

Vodafone denies rumor of selloff

The chief of Vodafone Group PLC strongly denied Tuesday a recent British media report that the company is planning to sell off Japan Telecom Co.'s fixed-line business.
BUSINESS
Sep 25, 2001

APEC panel set to call for further liberalization

An advisory panel to Asian and Pacific leaders is set to urge further trade liberalization and the launch of a new round of trade talks under the World Trade Organization in November, according to a draft of the panel's annual report.
JAPAN
Sep 23, 2001

Banker-turned-'barista' predicts big things for gourmet coffee

Kouta Matsuda's obsession with world food began in his childhood, when he traveled around the globe with his father, a trader.
BUSINESS
Sep 22, 2001

Asahi and Daiwa formally announce tieup plans

Asahi Bank and Daiwa Bank announced Friday that they have reached a basic agreement to join forces under a single holding company in a bid to survive as stock price tumbles eat away at their capital.
JAPAN
Sep 20, 2001

Bad-debt panel issues guidelines on waivers

A joint panel of the nation's banking and business circles finalized on Wednesday a set of guidelines under which troubled corporate borrowers can ask for debt forgiveness.
BUSINESS
Sep 17, 2001

Mizuho changes profit forecast into 260 billion yen loss on Mycal

Mizuho Holdings Inc., the largest banking group in Japan, has announced that it will plunge deeply into the red in the first half of fiscal 2001 on losses incurred by the collapse of Mycal Corp. and losses at one of its subsidiaries.
JAPAN
Sep 13, 2001

'Today, our nation saw evil'

WASHINGTON, Sept 11 - Following is the text of a speech to the nation by President George W. Bush on Tuesday following the attacks on the World Trade Center and Pentagon:
BUSINESS
Aug 30, 2001

Suzuki, Kawasaki to forge tieup

Suzuki Motor Corp. and Kawasaki Heavy Industries Ltd. announced Wednesday they will tie up in the development and production of motorcycles and all-terrain vehicles to increase profits amid intensifying global competition.
BUSINESS
Aug 28, 2001

Omron cuts back group profit forecasts for fiscal 2001

Omron Corp., a maker of automated control equipment, said Monday it has cut earnings forecasts for fiscal 2001, trimming group net profit by 42.3 percent for the full year and by 66.7 percent for the first half from earlier projections in May.

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