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JAPAN
Mar 21, 2007

Murakami no inside trader, Horie testifies

Convicted Livedoor Co. founder Takafumi Horie on Tuesday found himself again before the Tokyo District Court, this time testifying in defense of financier Yoshiaki Murakami against charges of insider trading.
JAPAN / EXPLAINER
Feb 20, 2007

Assessing IRCJ, the government's bailout body

The government-backed bailout agency Industrial Revitalization Corp. of Japan will finish its work and close its doors as early as next month, a year earlier than planned. Since it was established in April 2003, the bailout body has helped debt-ridden companies, including major supermarket chain Daiei...
BUSINESS
Nov 23, 2006

Big banks see high profits in first half

Most major banks posted big profits in the April-September first half as brighter business activities led to a reduction in bad loans, allowing them to shift money from loan-loss reserves to the profit section.
BUSINESS
Sep 15, 2006

Daiei to cut debts through selloff of properties, stocks

Struggling giant retailer Daiei Inc. will cut its interest-bearing liabilities by 200 billion yen from 350 billion yen on an unconsolidated basis by selling real estate and stock holdings, sources said Thursday.
BUSINESS
Aug 16, 2006

Despite Oji's likely failure, M&As catching on

Japan appears to have entered a new era of mergers and acquisitions with Oji Paper Co.'s recent takeover bid for Hokuetsu Paper Mills Ltd.
BUSINESS
Jun 10, 2006

MUFJ debt from fund injection cleared

Mitsubishi UFJ Financial Group Inc. completed repayment Friday of the public funds that the government funneled into its capital base in the late 1990s, becoming the first to do so among the nation's three megabank groups, Deposit Insurance Corp. said.
BUSINESS
May 24, 2006

One-time gains lift major banks but long-term strategies still needed

Buoyed by a wide-ranging business recovery and a massive one-time gain caused by reductions in loan-loss reserves, the nation's top banking groups have reported record-breaking profits for the 2005 business year ended in March.
BUSINESS
May 24, 2006

Banks OK for now but long-term strategy needed

Buoyed by a wide-ranging recovery and a massive one-time gain caused by reductions in loan-loss reserves, the nation's top banking groups have reported record-breaking profits for the 2005 business year ended in March.
BUSINESS
Feb 16, 2006

MUFG ups earnings view as forecast

Mitsubishi UFJ Financial Group Inc. said Wednesday it has revised upward its earnings forecast for the business year to March 31 to a 1.17 trillion yen group net profit, compared with its previously estimated 9.3 billion yen.
Japan Times
JAPAN
Dec 1, 2005

Rakuten and TBS bury hatchet, agree to start tieup talks

After intense 11th-hour negotiations, Rakuten Inc. and Tokyo Broadcasting System Inc. agreed Wednesday to launch talks on potential business tieups after the Internet firm withdrew its proposal to merge with the private broadcaster.
BUSINESS
Nov 25, 2005

Megabanks show signs of revival

The nation's three giant banking groups posted drastic gains in the first half of fiscal 2005 after unloading many of the bad loans that undermined their strength and threatened the financial system for more than a decade.
Japan Times
BUSINESS
Oct 28, 2005

TBS scrambling for 'stable' investors

About 55 percent of Tokyo Broadcasting System Inc.'s outstanding shares will likely fall into the hands of long-term shareholders, sources close to the television broadcaster claimed Thursday.
JAPAN
Oct 15, 2005

TBS set to fight Rakuten's bid

Tokyo Broadcasting System Inc. may take countermeasures against online shopping mall operator Rakuten Inc., which has suddenly emerged as the TV station's biggest shareholder and takeover threat, market sources said Friday.
BUSINESS
Sep 1, 2005

TBS to issue 20 billion yen in new shares to partners

Tokyo Broadcasting System Inc. announced Wednesday that it will issue 20.6 billion yen in new shares to major ad agency Dentsu Inc. and several of its other business partners to raise money for new projects.
BUSINESS
Mar 12, 2005

Injunction a landmark decision for capital market

The Tokyo District Court's decision Friday to stop Fuji Television Network Inc. from issuing share warrants as a method to take control of Nippon Broadcasting System Inc. is being seen as propelling Japan's capital market into the future.
BUSINESS
Jan 28, 2005

Outcome of Daiei sponsorship struggle far from certain

A list of candidates to sponsor struggling retail giant Daiei Inc. has been narrowed to three groups. But a final selection by the state-backed corporate bailout agency is far from certain, because the three picked are doing different businesses and there is no decisive factor.
BUSINESS
Sep 14, 2004

Mitsubishi Tokyo to advance UFJ tieup

Mitsubishi Tokyo Financial Group Inc. will advance the schedule for forming a tieup with UFJ Holdings Inc. in sales of financial products to individual customers and in overseas operations, Mitsubishi Tokyo President Nobuo Kuroyanagi said Monday.
BUSINESS
Sep 9, 2004

UFJ likely to report over 700 billion yen in interim net loss

UFJ Holdings Inc. will probably suffer a net loss of more than 700 billion yen for the fiscal first half of 2004, bank sources said Wednesday.
BUSINESS
Aug 27, 2004

Record firms raided over ring-tone blocks

Fair Trade Commission investigators on Thursday searched the Tokyo offices of several major record companies suspected of blocking mobile phone service providers from selling pop tunes for ring tones.
BUSINESS
Aug 26, 2004

Daiei must seek IRCJ help: SMFG chief

Yoshifumi Nishikawa, president of Sumitomo Mitsui Financial Group Inc., said Wednesday that supermarket chain operator Daiei Inc. has no alternative but to seek help from the state-backed Industrial Revitalization Corp. of Japan for its revival.
JAPAN
Jul 29, 2004

UFJ fights to keep MTFG merger hopes alive

UFJ Holdings Inc. said Wednesday it has filed an appeal against a court order to suspend its merger negotiations with Mitsubishi Tokyo Financial Group Inc., stressing it plans to go ahead with the merger.
JAPAN
Jul 15, 2004

Struggling UFJ pursues merger deal with MTFG

Ailing UFJ Holdings Inc. on Wednesday asked rival Mitsubishi Tokyo Financial Group Inc. to merge with it in a deal that would create the world's biggest banking group, with 190 trillion yen in assets.
BUSINESS
Aug 1, 2003

Bank execs face FSA ultimatum to lift earnings

The Financial Services Agency on Friday will order the management of five domestic banking groups to either improve their earnings by the end of the year or step down, FSA sources said Thursday.
Japan to revise romanization rules for first time in 70 years
The Agency for Cultural Affairs is recommending replacing the government’s long-standing Kunrei system with more widely used Hepburn-style spellings.
Character-crazed Japan has little appetite for Labubu
A pop-up advertisement for the newly opened Chiikawa Park in Tokyo's Ikebukuro neighborhood demonstrates how the country is chockful of cute characters — to the detriment of trends like Labubu.
At meeting rich in symbolism, Ishiba and South Korea's Lee agree to steadily build ties
South Korean President Lee Jae Myung and Prime Minister Shigeru Ishiba shake hands at joint press announcement after summit talks in Tokyo on Saturday.
Are 'coolcations' the answer for Japan's heat-weary tourists?
Hikers on a trail in Hakuba, Nagano Prefecture. As extreme heat continues to grip Japan, a tectonic shift may be underway in the nation’s summer tourism scene as more people gravitate toward cooler destinations.
Japan to boost support for joint ride-hailing services
Tatsuaki Igarashi, mayor of Tsukuba, Ibaraki Prefecture, exits a ride-sharing vehicle at Tsukuba Station in January.
Germany's first sakemaker offers a bold brew of ideas
Reigen, Germany's first sake brewery, makes a diverse, nontraditional range of sake that includes fruit-flavored sips and wine barrel-aged renditions.
Alicia Keys closed Summer Sonic, but J-pop owned it
Summer Sonic’s 2025 lineup demonstrated its strength, showcasing the latest in J-pop, including “new kawaii” act Fruits Zipper.
Is the LDP’s catch-all approach to politics still effective?
Former economic security minister Sanae Takaichi visits Yasukuni Shrine in Tokyo on Aug. 15. Political commentator Toru Hashimoto has suggested that Takaichi ought to lead a group of like-minded hawkish politicians out of the Liberal Democratic Party and form their own party.
Fingers sore from too much phone time? You might have ‘sumaho yubi.’
A catch-all term for tendonitis and arthritis caused by excessive smartphone use, 'sumaho yubi' may be difficult to treat for gadget-crazy Japan.
As farm minister, Koizumi is held ‘hostage’ by Ishiba
Farm minister Shinjiro Koizumi (center) attends a Lower House session on Aug. 1. Locking Koizumi into the Cabinet is Prime Minister Shigeru Ishiba’s way of turning a potential rival into a team player, according to one expert.

Podcast

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

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past
By Alex K.T. Martin

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