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May 24, 2025
 

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BUSINESS
May 31, 2000

FRC outlines new banks' rules

The Financial Reconstruction Commission on Tuesday released its preliminary guidelines for granting licenses to new banks, emphasizing the need to shield them from potential business risks of their parent companies.
BUSINESS
May 29, 2000

Job outlook rosy for 2001: survey

Employment prospects for students graduating in spring 2001 have improved for the first time in three years, thanks to a mild recovery in the economy, according to a survey by Kyodo News.
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

Bank deposit, insurance policy safety nets enacted

The Diet passed a bill Wednesday to create a new mechanism to safeguard deposits in the event of bank failures after the current blanket deposit protection system is lifted in April 2002.
BUSINESS
May 24, 2000

Four banks returned to profitability in 1999

Four major banks that released their fiscal 1999 earning reports Tuesday returned to the black after at least a year of losses.
BUSINESS
May 23, 2000

Market focus turning to corporate profits

The Tokyo stock market is turning its attention to corporate earnings now that the highly anticipated U.S. Fed policy meeting is over.
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.
JAPAN
May 20, 2000

Life folds with debt of 966 billion yen

Saddled with massive liabilities, Life Co., one of Japan's six major consumer credit companies, filed with the Tokyo District Court for protection from creditors under the Corporate Rehabilitation Law on Friday.
JAPAN
May 19, 2000

Licensing guidelines drafted

The financial standing of companies must be examined before and after their subsidiary banks receive banking licenses, according to a set of draft guidelines released Thursday.
BUSINESS
May 19, 2000

25% Mitsui profit dip laid to loan-loss provisions

Trading house Mitsui & Co. said Thursday that its group pretax profits plunged 24.7 percent to 52.61 billion yen in fiscal 1999 on sales of 13.20 trillion yen, down 5.6 percent.
BUSINESS
May 18, 2000

Sumitomo swings into black

Trading house Sumitomo Corp. said Wednesday that its 1999 group business swung into the black for the first time in two years, posting a consolidated net profit of 26.05 billion yen.
BUSINESS
May 17, 2000

Daihatsu reports gains in '99

Daihatsu Motor Co. reported higher sales and pretax profits on a consolidated basis for the 1999 business year due to improved sales of minivehicles, company executives said Tuesday.
COMMUNITY
May 14, 2000

Ex-garbage man bags career as pro caddie

If Jeff Mulberry has any aspirations beyond the odd hole in one, it is to lead as uncomplicated a life as possible. His needs are modest and his interests narrowing down as he focuses on pro golf. Not that he has his eye set on being a winning player, but rather on being the best caddie that friendship,...
LIFE / Travel
May 11, 2000

Firing up Fukuoka's hippest corner

FUKUOKA -- A long feature on Fukuoka in a recent issue of Toyo Keizai magazine examined three different areas that represent development in the city. Two of these, the reclaimed land of Momochi, and the city's historic Kawabata area, have seen much growth in the last 10 years, boosted by giant government-funded...
JAPAN
May 9, 2000

Osu survives with blend of old and new

NAGOYA -- Young people browse through the shirts and jeans at a used clothes store, while an elderly woman picks up some tea at a shop around back. On the street, a young couple eating ice cream pass a man with a computer.
BUSINESS
May 9, 2000

AXA Nichidan Life exec eyes challenges

The challenges surrounding the newly launched AXA Nichidan Life Insurance Co. and Japan's insurance industry do not elude Hisashi Ohgaki, the firm's executive director and chief products and marketing officer.
COMMENTARY
May 5, 2000

Boost Chinese human rights through trade

Business profits vs. human rights. So do critics of trade between America and China frame the debate. But freer trade is likely to advance human rights as well as boost business profits.
BUSINESS
May 4, 2000

Cameras clash over digital divide

The Japanese camera market is splitting into opposite directions, with high-tech digital models catching consumers' fancy while old-fashioned range finders are staging a strong comeback.
COMMENTARY / World
Apr 18, 2000

Living in a high-tech world

Trading in the shares of Internet-related venture businesses is booming on the Japanese stock market. The media are full of reports on information technology and Internet-based e-commerce. Computer and telecommunications technologies are bringing revolutionary changes to society, but Japan and the United...
COMMUNITY
Apr 9, 2000

Financial services fly at Banner

Some loudmouth once said that anyone who was in Japan during the bubble years of the late 1980s and had not made money -- a lot of money -- was a fool. Well, that makes me a dunce of the first order.
BUSINESS
Mar 29, 2000

MMC eyes DaimlerChrysler

A day after announcing a capital tieup between DaimlerChrysler AG and Mitsubishi Motors Corp., MMC President Katsuhiko Kawasoe indicated Tuesday that the Japanese automaker may obtain a stake in the German-American firm in the future.
BUSINESS
Mar 29, 2000

Keidanren wants private sector in postal services

The Japan Federation of Economic Organizations (Keidanren) proposed Tuesday that private entities be allowed to get involved in state-run postal services early in order to accelerate the system's streamlining.
JAPAN
Mar 29, 2000

Science agency takes away JCO's license

The Science and Technology Agency formally notified JCO Co. on Tuesday that it will revoke the firm's business license because it is responsible for causing Japan's worst nuclear accident at its uranium-processing plant in Tokai, Ibaraki Prefecture.
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 27, 2000

KDD set to lead new advance overseas

The three-way merger of KDD Corp., DDI Corp. and IDO Corp. in October will turn the new firm into a competitive mobile phone and Internet business that will enable KDD to shine, KDD President Tadashi Nishimoto says.
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.
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.
Toyota considers making tiny trucks for U.S. market as demand booms
Toyota executives say the automaker is listening to U.S. dealer requests for a truck smaller than the brand’s best-selling Tacoma midsize and Tundra full-size pickups.
Japan taxi driver suspected of raping 50 women, reports say
Police have arrested a former taxi driver on suspicion of drugging and raping a female passenger, with media reports saying there could be dozens more victims.
Japan considers toughening rules on driver's license conversions
Liberal Democratic Party policy chief Itsunori Onodera (fourth from left) visits a driver's license center in Shinagawa Ward, Tokyo, on Wednesday to see how foreign driver's licenses are converted into Japanese ones.
Trump’s wake-up call for India’s foreign policy
Indian Prime Minister Narendra Modi meets with U.S. President Donald Trump at the White House on Feb. 13. Trump’s coercive use of trade threats against India during the Pakistan military crisis has undermined trust in the U.S.-India partnership and exposed Washington as an unreliable security ally.
Onosato set for yokozuna promotion after clinching Emperor’s Cup
Onosato after defeating Kotozakura at Ryokugikan in Tokyo on Friday. The win gave him a 13-0 record and clinched the Emperor's Cup, assuring him of promotion to yokozuna next week.
As Taiwan looks to boost ‘unofficial ties,’ Paraguay’s leader offers facilitator role
Paraguayan President Santiago Pena speaks during an interview with The Japan Times in Tokyo on Thursday.
NTT develops world's first 'flying lightning rod' using drones
NTT's drone — aimed at triggering, then redirecting lightning — is described as a "flying lightning rod."
Ishiba doubles down on weapons cooperation, says no country can go it alone
Prime Minister Shigeru Ishiba walks past members of the Philippine Coast Guard at the coast guard's headquarters in Manila on April 30.
Nippon Ishin grapples with poor governance ahead of Upper House election
Nippon Ishin no Kai co-leader Seiji Maehara speaks to reporters in Tokyo on Friday.
Beware of dubious websites offering cheap rice, consumer watchdog warns
Questionable websites appear to be taking advantage of consumers looking for cheaper rice online amid the high prices of the staple grain in the nation.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Alex K.T. Martin

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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