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JAPAN
Oct 23, 1997

Ford CEO wants greater access to Japanese market

Staff WriterCHIBA -- Ford Motor Co. hopes for greater foreign access to the Japanese market and a yen strong enough to change Japanese automakers' tendency to over-rely on exports, the company's head said Oct. 23.In an interview with The Japan Times, Alex Trotman, chairman and CEO of Ford, said that...
JAPAN
Oct 22, 1997

Auto show shifts into environmental gear

CHIBA -- The 32nd Tokyo Motor Show will showcase automotive technologies focusing on environmental protection and safety as automakers address growing concerns over air pollution and global warming.This year's show, previewed by reporters Oct. 22 at Makuhari Messe, comes amid a prolonged slump in auto...
JAPAN
Oct 9, 1997

Digital cameras shaking up photo industry

Digital technology is evolving and product prices are declining at such stunning clips that hardly any new industry developments evoke surprise.
JAPAN
Sep 19, 1997

Leading auto parts maker turns to Asia-Pacific market

Tony Gilroy, chief operating officer of Lucas Varity PLC, a leading international auto parts manufacturer, said Sept. 19 that the firm will emphasize the Asia-Pacific market, especially India and China, in its global strategy.
JAPAN
Sep 9, 1997

Mitsubishi, Honda to raise prices in Thailand

Staff writer
JAPAN
Jul 31, 1997

Ministry outlines securities, cash account deregulations

The Finance Ministry on July 31 outlined a package of securities-related deregulation measures that includes lifting a ban on cash management accounts and allowing investment trusts to be sold at banks.
JAPAN
Jun 10, 1997

Nike 'doing it' well in Japan

When sporting goods giant Nike, Inc. opened its Niketown superstore in New York last November, the company anticipated that about 100 journalists would attend the opening day ceremonies.
JAPAN
Jun 10, 1997

Homeless undercut kiosks with used magazines

Some homeless people around JR Shinjuku Station run a thriving business selling discarded magazines at discount prices, but kiosks are complaining that their "illegal" rivals are damaging their sales.
JAPAN
May 30, 1997

JAL posts huge losses on weaker yen

Japan Airlines posted a pretax loss of 16.97 billion yen in the year that ended March 31 due to increased fuel costs and a weaker yen, the firm announced May 30. The airline also reported a net loss of 9.2 billion yen. Although its total sales grew by about 80 billion yen, or 7.1 percent, to 1.2 trillion...
JAPAN
May 29, 1997

Hitachi logs 24% drop in profits for '96

Hitachi Ltd. reported May 29 consolidated pretax profits of 263.3 billion yen for the 1996 business year, which ended March 31, down 24 percent from the previous year.
JAPAN
May 28, 1997

New bilateral trade fears emerging, U.S. says

Although the bilateral economic relationship between Japan and the United States has been relatively calm recently, tensions may increase as Washington voiced concerns May 27 over market access for foreign-made flat glass products and paper.
JAPAN
May 26, 1997

'Kaiware' farmers sue state over reported link to E. coli

OSAKA -- The Osaka District Court opened hearings May 26 in a 53 million yen compensation suit filed by farmers in Habikino, Osaka Prefecture, over a state announcement that linked "kaiware" daikon sprouts from their farm to the O-157 E. coli epidemic last summer.
JAPAN
May 23, 1997

Diet committee passes J. League lottery bill

The Lower House Education Committee approved a soccer lottery bill May 23, paving the way for the implementation of a system to obtain funds from the public to promote sports.
JAPAN
May 22, 1997

Nonlife insurers report 2.2% decline in profits

The nation's five major nonlife insurance firms on May 22 released earnings reports for the year that ended March 31, revealing that their combined pretax profits fell 2.2 percent from the previous year.
JAPAN
Mar 24, 1997

Green Cross execs plead guilty in blood products debacle

OSAKA -- Three former presidents of Green Cross Corp. pleaded guilty Mar. 24 before the Osaka District Court to charges of professional negligence resulting in death because of the drug company's sale of HIV-tainted blood products.
JAPAN
Mar 15, 1997

Renewal of U.S. paper pact 'out of the question,' exec says

The United States is expected to demand this month that Japan introduce a new set of measures to expand foreign paper makers' sales, but a senior Japanese industry official has said such a bilateral arrangement is "out of the question."
JAPAN
Mar 5, 1997

Chrysler offers one-year test drive of Neon

In an effort to increase the popularity of its flagship sedan Neon, Chrysler Japan Sales Ltd. announced Mar. 5 that it will introduce a program on Mar. 7 to let customers "test-drive" the car for a year for a monthly fee of 14,200 yen to 18,800 yen.
JAPAN
Feb 28, 1997

Shinagawa plot sold for 184 billion yen

Japanese National Railways Settlement Corp. announced Feb. 28 that its 5.3-hectare plot of land located on the east side of JR Shinagawa Station would be sold to 10 firms for 183.8 billion yen.
JAPAN
Feb 26, 1997

Video game makers fight a battle over hardware

There is a lesson to be learned from how VHS overthrew Sony Corp.'s Beta system and Microsoft Corp.'s Windows has nearly finished off Apple Computer Inc.'s Macintosh. Now it is being taught in the home video-game market. The lesson: To survive, forming alliances is essential.
JAPAN
Jan 31, 1997

GM Japan chief wary of weak yen

Douglas Herberger, president of General Motors Japan Ltd., expressed concern Jan. 31 over the yen's recent depreciation, saying the firm would have to reassess its strategies in Japan if the trend continues."If that trend continues, I will be very concerned," Herberger said, adding that he hopes exchange...
Japan Times
BUSINESS / ANALYSIS
Jun 21, 2023

China moves to shut a lifeline for cash-strapped local governments

Beijing has been tightening rules on local government borrowing for years, driving their financing vehicles deeper into private markets to raise money.
SOCCER / J. League
Jun 18, 2023

How Japan's top soccer league is striving to become a climate leader

As the league continues to grow, and as climate change wreaks havoc on operations, its quest to bring healthier lifestyles to the Japanese public has expanded into environmental issues.
Japan Times
Jun 14, 2023

Kotozna CEO Genri Goto speaks at "The Founders Peak Tokyo," an event within the Singapore FinTech Festival, one of the largest FinTech events in the world.

●Overview Kotozna (Headquarters: Minato-ku, Tokyo, CEO Genri Goto, https://kotozna.com/en) is pleased to announce that our CEO Genri Goto spoke at "The Founders Peak Tokyo," a speakers' event within the Singapore FinTech Festival, one of the largest FinTech events in the world, held on May 16, 2023. He...
Japan Times
BUSINESS / Tech
Jun 13, 2023

Tesla's shrewdest product is proving to be its charging network

Selling a car is one thing; selling consumers an EV fueling experience is another, and one that provides an ongoing revenue stream.
Japan Times
BUSINESS / Companies
Jun 13, 2023

Toyota sets out the tech it says will equip it to sell millions of EVs

Comments and hours of presentations at a technology briefing contrasted with years of Toyota executives speaking cautiously about how quickly car buyers will be ready to go all-electric.
JAPAN
Jun 8, 2023

How Japan ensures you gamble exactly when and where it wants you to

Laws on gambling mean that the activity is prohibited in general, except for betting on something that is legally defined as “momentary amusement,” or on government-sanctioned events.
Japan Times
BUSINESS
Jun 8, 2023

The road to Modi’s ambitious 'Made in India' goal runs through China

The more Indian firms try to ramp up production in competition with China, the more dependent they become on their neighbor for components and raw materials.
Japan Times
BUSINESS
Jun 7, 2023

U.S. public-transit systems face credit downgrades as riders stay away

Several public-transit agencies have been put on notice by S&P, including the San Francisco Municipal Transportation Agency and DC’s Washington Metropolitan Area Transit Authority.
Japan Times
BUSINESS / Companies
Jun 7, 2023

AstraZeneca’s Japan partner to go solo on future cancer drugs

Daiichi Sankyo is expanding its sales and development staff overseas, aiming to boost production capacity so that it can handle its cancer drugs business entirely on its own.
Japan Times
BUSINESS / Tech
May 31, 2023

Nvidia's market value touches $1 trillion amid AI gold rush

The chipmaker’s artificial intelligence prospects briefly vaulted it into an elite club of just five American companies.

Longform

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?