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EDITORIALS
Jun 14, 2001

Long-term gain worth the pain

Japan's gross domestic product in the first quarter of the year dropped 0.2 percent from the previous quarter, or 0.8 percent at the annualized rate, according to figures released Monday by the Cabinet Office. Economic indicators since April also show the economy is decelerating. Mr. Heizo Takenaka,...
BUSINESS
Jun 14, 2001

Amazon Japan adds video tapes, CDs, DVDs

The Japanese unit of Amazon.com announced Wednesday its expansion to sell compact discs, digital versatile discs and video tapes, but said there was no sign of the company making a profit yet.
BUSINESS
Jun 6, 2001

Market turbulence will keep yen volatile

With the weak euro dragging down the dollar, the yen has gained strong upward momentum in recent weeks.
BUSINESS
Jun 5, 2001

Major life insurers feel pinch

Low interest rates, a sluggish stock market and a steady stream of policy terminations continued to squeeze major life insurers, according to results for the 2000 business year released Monday.
Japan Times
COMMUNITY
Jun 3, 2001

Clearing the shelves

Many business owners on the verge of financial ruin probably are loath to close the book on their companies. Yet, for long-term Nagoya resident Marvin Harvest, endeavors to write the ending to his 10-year business have dragged on like a bad saga.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Jun 2, 2001

Glen S. Fukushima

"To me, the U.S. and Japan are fascinating, as they stand at polar extremes in the way their societies are organized. Philosophy, culture, history set Japan apart from other industrialized countries, especially the U.S. Having spent many years in both the U.S. and Japan, I enjoy assisting the two peoples...
BUSINESS
May 29, 2001

Keidanren hopeful over Russia visit

Takashi Imai, chairman of the Japan Federation of Economic Organizations (Keidanren), said Monday he hopes an upcoming government-sponsored economic mission to Russia will be an important opportunity to revitalize bilateral economic cooperation.
JAPAN
May 27, 2001

Roland creator follows his own tune to international success

OSAKA -- From its humble beginnings almost 30 years ago, Roland Corp. today is one of the world's top electronic musical instrument manufacturers. In fact, nearly any musical performance features the ubiquitous brand name somewhere on stage.
CULTURE / Books
May 27, 2001

Japan's traditions aren't lost, they're buried

DOGS AND DEMONS: Tales From the Dark Side of Japan, by Alex Kerr. Hill and Wang, 2001, 432 pp., $27 (cloth). An ancient Chinese tale holds that dogs are difficult to draw because they are ubiquitous; demons are easy to create because they spring from the artist's imagination. Or, to put it more plainly,...
BUSINESS
May 26, 2001

Youth favors new Fuji chief

Kyoji Takenaka, the incoming president of Fuji Heavy Industries Ltd., is determined to make the company a full-fledged global player with "premium brand" vehicles.
BUSINESS
May 24, 2001

Tobishima reports return to profit

Construction firm Tobishima Corp. said Wednesday its group net balance returned to the black in fiscal 2000, mainly due to sales of securities holdings.
JAPAN
May 23, 2001

Loan firms linked to rise in personal bankruptcies

With colorful billboards at train stations, TV commercials showing Brazilian soccer legend Zico or a carefree, successful young woman, major consumer loan firms seem to have shed the shady images that previously haunted them.
JAPAN
May 20, 2001

NTT West may halve its branch offices

NTT West Corp. is considering integrating and consolidating its 30 branch offices to between 10 and 15 in a bid to streamline operations, cut costs and weather intensifying competition, company sources said Saturday.
BUSINESS
May 16, 2001

Ito-Yokado opens round-the-clock bank

IYBank, the new branch-free bank created by major retailer Ito-Yokado Co. and its convenience store subsidiary Seven-Eleven Japan Co., opened for business Tuesday offering 24-hour service through automated teller machines.
COMMENTARY / World
May 13, 2001

Japan-Aussie relationship losing its spark

SYDNEY -- They're like an old married couple, comfortable with each other's idiosyncrasies but hardly innovative in their relationship. Yes, we're talking about Japan and Australia.
BUSINESS
May 11, 2001

UFJ to buy Nippon Shinpan unit

UFJ Holdings Inc., Japan's fourth-biggest banking group, said Thursday it will buy a leasing subsidiary of Nippon Shinpan Co. through the purchase of new shares.
MORE SPORTS / THE DUKE OF HAZARDS
May 1, 2001

Faldo designing plans for the future

Nick Faldo, a six-time major winner, shot 151 (75-76) in the first two rounds of the Masters last month and missed the cut. This means he earned nothing.
JAPAN / Media / MEDIA MIX
Apr 22, 2001

All together now: Let's all shill for Universal!

Before Universal Studios Japan opened on March 31, media commentators were asking why the new Hollywood theme park wasn't called Universal Studios Osaka. After all, Tokyo Disneyland isn't called Japan Disneyland. Here's the punch line: If they called it Universal Studios Osaka, the acronym would be USO,...
BUSINESS
Apr 21, 2001

Small firms failing to expand through IT

Despite the steady spread of information technology among smaller companies, firms are failing to utilize IT to expand their business and create new opportunities, according to a government report released Friday.
MORE SPORTS / THE DUKE OF HAZARDS
Apr 17, 2001

The revolution is coming: Get ready for cheap golf in Japan

I probably play golf more than 80 times a year around the world. It's a tough life, but someone has to do it. And besides, it's my job.
BUSINESS
Apr 14, 2001

Troubled retailer Mycal jolted by 87.3 billion yen loss

OSAKA -- Troubled retailer Mycal Corp. said Friday that it incurred a consolidated net loss of 87.29 billion yen in the year that ended in February, leaving it in the red for the third straight year.
Japan Times
COMMUNITY
Apr 14, 2001

Capital solution by accident rather than design

Asked whether she is surprised to find herself ruling the roost in corporate splendor on the 18th floor of the Shin-Nikko Building in Toranomon, Sakie Fukushima nods emphatically. Very surprised, she says. "I've never planned a single step of my career. Basically I'm not a very confident person."
CULTURE / Music
Apr 8, 2001

Jesus Christ superstars

"We're Napalm Death and we're from Birmingham, England," vocalist Barney tells Shibuya's Club Quattro.
COMMENTARY
Apr 7, 2001

Animal rights, terrorist tactics

LONDON -- Some animal-rights activists in Britain have committed violent crimes against people and companies they dislike. In so doing, they have shown not only that they have lost a sense of proportion, but that they have no rational ethical code. Animal-rights terrorists need to be confronted as firmly...
COMMENTARY / World
Apr 3, 2001

Burying the Dover dead

As Dutch and British courts try suspects for the manslaughter of 58 illegal Chinese immigrants last June, Calum MacLeod meets the families chasing snakehead shadows. FUJIAN, China -- Winter days are quiet for the people of Lianfeng, a small village on a finger of land poking into the East China Sea....
COMMENTARY / World
Mar 30, 2001

Young Asian forum already has impressive pedigree

The recently concluded Boao Asian Forum on Hainan Island had all the appearance of a simple nongovernmental conference.
JAPAN
Mar 29, 2001

Profit-based nursing-care system under fire from providers

It's almost become routine for Yoshiko Nakamura to wake up at 2 a.m. to a phone call from a desperate elderly person who has no one else to turn to.
BUSINESS
Mar 26, 2001

Anxiety hangs over USJ ahead of launch

By Natsumi Mizumoto Kyodo News Many Kansai residents are counting on Universal Studios Japan to help revive Osaka's stagnant economy, but the higher the expectations, the greater the looming sense of anxiety as its launch next Saturday draws closer.
BUSINESS
Mar 24, 2001

Asahi Bank faces 10 billion yen loss

Asahi Bank announced Friday that its efforts to write off 50 percent more of its nonperforming loans than initially targeted will result in a consolidated net loss of 10 billion yen for the business year ending March 31.

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