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BUSINESS / JAPANESE PERSPECTIVES
Jun 29, 2009

Two cheers from the grave punctuate the nationalization of GM

The automaker General Motors filed for bankruptcy earlier this month, and there are surely two people rejoicing in their graves at the news. One of them is John DeLorean. The other is Clement Attlee.
Japan Times
JAPAN / ALSO OUT THERE
Jun 29, 2009

Fun and fashionable rubber boots help shake off rainy season gloom

Rainy days can be a downer, especially for women who want to look fashionable but don't want to get wet in soggy and gloomy weather.
JAPAN / Media / MEDIA MIX
Jun 28, 2009

The only bonus you'll get this summer is the sun

One of the cleverest ideas developed by the Japanese business world is the distribution of semiannual "bonuses" to employees. Usually, a bonus is tied to a company's good fortune or an employee's performance. Japanese workers have always deemed them to be part of their salaries and tend to plan their...
BUSINESS
Jun 23, 2009

MMC to cut i-MiEV price in half by mid-2010s thanks to tax breaks, subsidies

Mitsubishi Motors Corp. plans eventually to cut the purchase price of the i-MiEV electric car by more than half to less than ¥2 million as government incentives and tighter emission rules boost demand for fuel-efficient cars.
Reference / SO WHAT THE HECK IS THAT
Jun 18, 2009

Shichimi

Dear Alice, Based on my forays into Japanese restaurants in North America, I was under the impression that Japanese cuisine didn't feature any spicy flavorsat all. Then, on my first trip to Japan, I wandered into a restaurant that specializes in soba noodles. When my order came, the waitress drew my...
Japan Times
BUSINESS
Jun 18, 2009

Toyota may shift Prius output to NUMMI

Toyota Motor Corp., after shelving plans to build Prius hatchbacks at a factory in Mississippi, is considering making the hybrid at a California plant shared with General Motors Corp., two sources said.
BUSINESS
Jun 5, 2009

Toyota facing $1 billion hit over California law

Toyota Motor Corp., ranked as the U.S. market's most fuel-efficient automaker, may have to spend more than $1 billion to meet California's requirement for zero-emission cars.
JAPAN
Jun 2, 2009

Nova chief admits skimming funds

OSAKA — The former president of Nova Corp. admitted Monday he siphoned off employment benefit funds just before the language school giant went bankrupt in 2007 but pleaded not guilty to embezzlement, claiming he used the funds for employees.
BUSINESS / THE VIEW FROM EUROPE
Jun 1, 2009

Will Europeans pass Japan in a post-GM global auto market?

As GM's government-imposed deadline approaches Monday, it is highly likely the automaker that once dominated the global market will file for bankruptcy protection just like Chrysler did a few weeks ago.
Japan Times
LIFE / Style & Design / ON: DESIGN
May 28, 2009

Design innovations that come naturally

A cool dry
BUSINESS
May 27, 2009

Rio agrees to 33% iron ore price cut with Nippon Steel

Rio Tinto Group, the world's second-largest iron ore exporter, agreed to a 33 percent cut in contract prices with Japanese steelmakers, the company said Tuesday, making it the first decline in seven years as the global recession slashes demand. Nippon Steel Corp. agreed to pay Rio 97 cents a dry metric...
JAPAN / Media / MEDIA MIX
May 24, 2009

The art of eco: Eco this, eco that, eco is such a steal

As Kermit the Frog once said, "It isn't easy being green." Take this new "eco points" plan that goes into effect once the latest supplemental budget is formally passed. Consumers who buy refrigerators, air conditioners and TVs designated as having energy saving qualities will receive points that can...
BUSINESS
May 16, 2009

Panasonic joins list of makers in red

Panasonic Corp. said Friday it logged a ¥378.96 billion group net loss for the business year that ended in March, drowning in red ink for the first time in six years due to rapidly slowing worldwide demand and the yen's rise against other major currencies.
BUSINESS
May 15, 2009

Sony logs ¥228 billion loss, sees more red ink

Sony Corp. suffered a record ¥227.78 billion group operating loss for the business year that ended on March 31, blaming plummeting global demand and the yen's surge against other currencies.
BUSINESS
May 14, 2009

Toyota plans to slash output 28%

Toyota Motor Corp. expects to cut global vehicle production 28 percent this year as the recession douses demand.
BUSINESS
May 13, 2009

Hitachi loss leads manufacturers

Electronics maker Hitachi Ltd. posted the worst annual loss for a Japanese manufacturer and doesn't expect the global economy to recover until next year at the earliest.
BASKETBALL
May 10, 2009

HeatDevils hoping to live to see fifth season

The Oita HeatDevils endured an 8-44 regular season, the worst record in the bj-league this season. And now the team is looking to find a way to remain in business.
LIFE / Style & Design
May 10, 2009

Fundoshi: undercover revolution

Loincloths called fundoshi have been the traditional underwear for Japanese men since ancient times, and though most now wear Western-style undershorts, they still don fundoshi at such events as local street festivals and to engage in sumo.
BUSINESS
May 8, 2009

Hitachi hikes loss forecast by ¥88 billion

Hitachi Ltd. said Thursday it expects a record group net loss of ¥788 billion for the business year that ended in March, worse than its previous forecast of ¥700 billion.
BUSINESS
Apr 28, 2009

Lion Nathan to cost Kirin $2.5 billion

Kirin Holdings Co., Japan's largest beverage maker, agreed Monday to pay 3.5 billion Australian dollars, or $2.5 billion, for the rest of Lion Nathan Ltd., taking over Australia's second-largest brewer as beer sales slow at home.
BUSINESS
Apr 28, 2009

Daihatsu forecasts 64% profit fall on year

Daihatsu Motor Co. said Monday profit may fall 64 percent this business year as the global recession saps demand for its vehicles, including those it makes for parent Toyota Motor Corp.

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear