Search - 2002

 
 
BUSINESS
Nov 23, 2001

UFJ writeoffs will balloon to 2 trillion yen

UFJ Holdings Inc. said Thursday its member banks' total bad-loan writeoffs will balloon sixfold from original estimates to an unprecedented 2 trillion yen for the full business year ending March 31, on the back of likely failures among major borrowers.
JAPAN
Nov 23, 2001

Colleges for teachers face drastic cuts

An education ministry panel recommended Thursday that the number of government-run teachers' universities and education departments at other schools should be cut in half.
JAPAN
Nov 23, 2001

Plans call for construction of cow crematoriums

The government is drafting plans for the construction of eight state-of-the-art incinerators to burn cow carcasses and parts that may transmit mad cow disease, government sources said Thursday.
BUSINESS
Nov 23, 2001

NTT reports 262 billion yen net loss for '01 first half

The Nippon Telegraph and Telephone group reported its first interim net loss Thursday, brought on by special losses of 762.4 billion yen incurred by failed investments in overseas carriers.
BUSINESS
Nov 23, 2001

UFJ writeoffs will balloon to 2 trillion yen

UFJ Holdings Inc. said Thursday its member banks' total bad-loan writeoffs will balloon sixfold from original estimates to an unprecedented 2 trillion yen for the full business year ending March 31, on the back of likely failures among major borrowers.
JAPAN
Nov 23, 2001

Colleges for teachers face drastic cuts

An education ministry panel recommended Thursday that the number of government-run teachers' universities and education departments at other schools should be cut in half.
BUSINESS
Nov 23, 2001

Bank of Yokohama's profits plunge as bad loans bite

The Bank of Yokohama said Thursday its group net profits fell 53.3 percent in the first half ending Sept. 30, mainly due to hefty loan-loss charges and appraisal losses on its stockholdings.
EDITORIALS
Nov 22, 2001

Be more flexible, Mr. Koizumi

Prime Minister Junichiro Koizumi, in a "town meeting" with Tokyo residents on Sunday, called for a package privatization of Japan Highway Public Corp. and three other road-related government-affiliated entities. He also proposed a review of the tollway expansion project and an end to the 300-billion-yen-a-year...
BUSINESS
Nov 22, 2001

Koizumi, partners agree on 2.5 trillion yen in extra spending

Prime Minister Junichiro Koizumi and his two coalition partners agreed Wednesday to compile a 2.5 trillion yen second extra budget for this fiscal year to prop up the ailing economy, lawmakers of the coalition parties said.
BUSINESS
Nov 22, 2001

Koizumi adamant on reform of state firms

Prime Minister Junichiro Koizumi expressed his determination Wednesday to reform loss-making public corporations despite strong opposition from within his ruling Liberal Democratic Party.
LIFE / Digital / NAME OF THE GAME
Nov 22, 2001

When cartoons go wacky

The brains at Microsoft could have fixed it so that you had to purchase an Xbox game console to play "Cel Damage," but they didn't.
BUSINESS
Nov 21, 2001

Minister favors tobacco 'health tax'

Health, Labor and Welfare Minister Chikara Sakaguchi said Tuesday he is in favor of introducing a "health tax" on tobacco, an idea being considered by the government and the three-party ruling coalition.
BUSINESS
Nov 21, 2001

Honda best Fit for car of the year

Honda Motor Co.'s compact car Fit has been named the 2001 RJC Car of the Year, a group of automobile researchers, critics and journalists said Tuesday.
BUSINESS
Nov 21, 2001

Asahi Bank forecasts net loss of 520 billion yen

Asahi Bank on Tuesday said it projects a 520 billion yen unconsolidated net loss for this business year as it sets aside a hefty 400 billion yen in loan loss reserves to rein in its ballooning bad-loan problem.
BUSINESS
Nov 21, 2001

Minister favors tobacco 'health tax'

Health, Labor and Welfare Minister Chikara Sakaguchi said Tuesday he is in favor of introducing a "health tax" on tobacco, an idea being considered by the government and the three-party ruling coalition.
Japan Times
BUSINESS
Nov 20, 2001

Automakers now turning to 'telematics'

Automakers around the world are increasingly turning to information technology to improve the driving experience for commuters facing longer periods of time in their vehicles.
JAPAN
Nov 17, 2001

Upper House passes 2.99 trillion yen budget

The Diet on Friday enacted a 2.99 trillion yen supplementary budget for the current fiscal year that earmarks 1 trillion yen to ease the burden of structural reforms on workers and small firms.
BUSINESS
Nov 17, 2001

Tax revenue in '02 expected to fall short of projection

The Finance Ministry is estimating that tax revenues for the next fiscal year will be around 47.6 trillion yen, 2.8 trillion yen below the 50.4 trillion yen projected in the midterm outlook, officials of the ruling Liberal Democratic Party said Friday.
JAPAN
Nov 17, 2001

Upper House passes 2.99 trillion yen budget

The Diet on Friday enacted a 2.99 trillion yen supplementary budget for the current fiscal year that earmarks 1 trillion yen to ease the burden of structural reforms on workers and small firms.
BASEBALL / MLB
Nov 16, 2001

Interleague play possible

Yomiuri Giants chairman of the board Tsuneo Watanabe on Wednesday said the Central League is willing to consider interleague play in Japan in the future, but suggested that 2002 may be too soon.
BUSINESS
Nov 14, 2001

Omron to intensify restructuring

Omron Corp. announced on Tuesday that it will embark on a new two-year restructuring program after chalking up consolidated net profits of 2.15 billion yen in the first half of fiscal 2001, down 73.8 percent from a year earlier.
Japan Times
JAPAN
Nov 14, 2001

Patients, professionals slam health insurance reform

The winter after an unusually hot summer is especially risky for the elderly, whose vulnerable immune systems have been taxed by intense heat.
JAPAN
Nov 14, 2001

Ministry holds first online tender for public works project

The Land, Infrastructure and Transport Ministry on Tuesday staged the first online tender for a public works project in the nation's history.
EDITORIALS
Nov 13, 2001

Kyoto, by way of Marrakech

Two weeks of intense negotiations have yielded a "rule book" for implementing the Kyoto Protocol to combat global warming. The agreement will not satisfy hard-nosed environmentalists, but it represents an important first step toward controlling the greenhouse gases that are exacting a terrific toll on...
SOCCER / THE BALD TRUTH
Nov 13, 2001

Kafka dreams end happily for Troussier's Japan

Japan goalkeeper Yoshikatsu Kawaguchi must have thought he was stuck in some weird Kafka dream when he let in a goal just 26 seconds into his Portsmouth debut on Nov. 3.
JAPAN
Nov 11, 2001

Bills planned to ratify Kyoto pact

The government plans to submit several bills to next year's ordinary session of the Diet to lay the groundwork for Japan's ratification of the Kyoto Protocol by the end of 2002 following the completion of a rule book for the pact, government sources said Saturday.
EDITORIALS
Nov 10, 2001

Population growth: a global challenge

The world's population continues to grow at an accelerated pace. It is estimated to hit 9.3 billion in 2050, an increase of 50 percent from 6.1 billion in 2001, according to the latest annual report from the U.N. Fund for Population Activities. The key message from the report is that sustainable social...
BUSINESS
Nov 10, 2001

IYBank ends first term in the red

IYBank Co., a newcomer to the banking industry, said Friday it suffered net losses of 5.7 billion yen in the fiscal 2001 first half as the bank cut fees and expanded its network of automated-teller machines.
JAPAN
Nov 10, 2001

GDP set to contract 0.9% in '01: Cabinet

The Cabinet Office on Friday reversed its economic projection for fiscal 2001 from growth of 1.7 percent to a 0.9 percent contraction in real gross domestic product, marking the bleakest outlook in the postwar period and the first forecasted shrinkage since 1998.

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building