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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.
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...

Longform

An illustration features the Japanese signs for "ganbare" (good luck) and the Deaflympics, which will be held between Nov. 15 and 26.
A century of Deaf sport finds its moment in Tokyo