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BUSINESS
Sep 8, 2000

April-June investment rose 2.2% on year

Capital investment by Japanese companies expanded 2.2 percent in the April-June quarter from a year earlier on an all-industry basis for the second consecutive quarter of increase, the Finance Ministry said Thursday.
EDITORIALS
Sep 7, 2000

The price of failure

Nippon Credit Bank, which came under state control in December 1998, was sold last Friday to a consortium led by Internet investor Softbank Corp. The contract includes a controversial clause that says the buyer (the Softbank group) can request the seller (the government) to buy back troubled NCB loans...
BUSINESS
Sep 7, 2000

Net data center outsourcing could ease growth headaches

Fast-growing Internet companies have to frequently upgrade and expand computer servers and related facilities to remain competitive.
BUSINESS
Sep 6, 2000

Campaign for Kansai International launched

OSAKA -- Five Kansai-based business groups announced Tuesday that they will jointly launch an "airport campaign" supporting Kansai International Airport Co. to raise its competitiveness among international airports in Asia.
BUSINESS
Sep 2, 2000

Power developer eyes investment in Asia

The Electric Power Development Co. is about to sign contracts to build power generation facilities in Thailand and China, company officials said Friday.
BUSINESS
Aug 28, 2000

Seoul's Itaewon stages revival

SEOUL -- Seoul's scruffy backwater of Itaewon -- for years known only for its girlie bars, tatty drinking dens, cut-price souvenirs and fake watches -- is undergoing a gradual transformation.
BUSINESS
Aug 22, 2000

Toshiba revises sales forecast upward to 120 billion yen

Thanks to favorable performance in the electronic device business, Toshiba Corp. has revised its consolidated sales forecast to 2.9 trillion yen, up 120 billion yen from its initial forecast, for the six-month period through Sept. 30, the company announced Monday.
BUSINESS
Aug 22, 2000

Bandai Music approved for liquidation

The Tokyo District Court has approved the start of liquidation of Bandai Music Entertainment Inc., a unit of major toy maker Bandai Co., a leading private credit-research agency said Monday.
COMMENTARY / World
Aug 20, 2000

The targeting of a journalistic pariah

Despite an abundance of wives and concubines, ancient Israel's King David bedded another man's wife. The prophet Nathan condemned David with the parable of a rich man who ignored his own flocks to seize a poor man's lamb (2 Samuel 12:1-4). So it is with leftwing activists who lobby for the firing of...
JAPAN
Aug 19, 2000

Mori to embark on diplomatic tour in Asia

Prime Minister Yoshiro Mori leaves today for an eight-day trip to four Southwest Asian countries, during which he is expected to call on India and Pakistan to sign an international treaty banning tests of nuclear weapons.
BUSINESS
Aug 11, 2000

PCCW to take 81% stake in Jaleco

Pacific Century CyberWorks Ltd., a Hong Kong-based multimedia company, will pay 27 billion yen to acquire an 81 percent stake in Jaleco Ltd., a Japanese video game software maker, senior officials of the firms announced Thursday.
BUSINESS
Aug 9, 2000

Construction firm Hazama seeks alliances to survive debts

Major construction firm Hazama Corp., in an attempt to convince major creditors to forgive some of its debts of 420 billion yen, is seeking tieups with other contractors, among them Niigata-based Fukuda Corp., industry sources said Tuesday.
BUSINESS
Aug 3, 2000

Nippon Steel teams up with Posco

Nippon Steel Corp. and South Korea's Pohang Iron & Steel Co. (Posco) announced Wednesday that they have signed a contract forming a strategic business alliance.
Japan Times
COMMUNITY / Our Lives / PERSONALITY PROFILE
Jul 30, 2000

Nigel Mortimer

When he was a youth, Kiyomu Shimomura found his mentor in the late scholar Masahiro Yasuoka. Yasuoka wrote the draft of the statement made by the Emperor Showa at the end of World War II. That was the first time for a Japanese emperor to speak to the people, and in his radio address to the nation he...
JAPAN
Jul 28, 2000

China tourism pact welcomed

Kyodo News Japan's travel industry is hoping that this year will see an official agreement to allow Chinese from selected areas to visit Japan on package tours, and that more than 1 million Chinese tourists will visit in less than a decade.
LIFE / Digital / CYBERIA
Jul 19, 2000

Big train a-comin'

Pick your measure. No matter what standard you choose, the information revolution is less than 3 percent complete. That's right: Whether you count users, devices, speed, content or number of applications, the revolution is just revving up. That has two implications: 1) virtual lifetime employment for...
BUSINESS
Jul 18, 2000

BOJ again decides not to raise interest rates

Amid concerns over the nation's economic future following the collapse last week of department store operator Sogo Co., the Bank of Japan on Monday once again decided against raising interest rates.
COMMENTARY / World
Jul 16, 2000

Will G8 swelter in sartorial splendor?

U.S. Ambassador to Japan Thomas Foley was the first to predict that the forthcoming G8 summit on Okinawa might have to be held with the participants wearing sport or aloha shirts instead of formal or business attire.
JAPAN
Jul 15, 2000

Hail a cab in Naha now and they'll all come quick

NAHA, Okinawa Pref. -- It is said there is a reliable litmus test to gauge the state of Okinawa's economy: Stick out your hand and see how long it takes to hail a taxi.
BUSINESS
Jul 5, 2000

Upbeat 'tankan' may lead to rate hike

Business sentiment among the nation's corporations improved over the past three months, underscoring a recent recovery trend, according to the Bank of Japan's "tankan" business sentiment survey for June.
COMMUNITY
Jun 29, 2000

Fresh ideas keep old traditions alive

"A hundred people must have told me it was impossible," said Sarah Cummings as we sipped sake in the stylish Kurabu restaurant in the village of Obuse.
BUSINESS
Jun 10, 2000

Keidanren urges structural reform

Takashi Imai, chairman of the Federation of Economic Organizations (Keidanren), called on the government Friday to implement structural reforms to achieve sustainable economic recovery.
BUSINESS
Jun 8, 2000

Exports help boost auto parts makers' sales 4.5%

Auto parts makers' combined sales rose 4.5 percent to 9.768 trillion yen on a consolidated basis in the 1999 business year, the Japan Auto Parts Association said Wednesday.
JAPAN
Jun 8, 2000

Illegal date club undoes ministry man

An official of the Agriculture, Forestry and Fisheries Ministry has been arrested on suspicion of running a telephone date club without a permit, police said Wednesday.
BUSINESS
Jun 5, 2000

Companies must re-engineer anew

Information technology has revolutionized the economic system of the United States, and it is believed the U.S. economy is now in a long-term, high-growth phase in which growth is being led by rising productivity.

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