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August 11, 2025
 

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BUSINESS
May 14, 2003

NTT back in the black but sales on the slide

NTT Corp. on Tuesday reported a consolidated net profit of 233.36 billion yen for the business year to March 31, marking a dramatic turnaround from its 834.67 billion yen group net loss in fiscal 2001.
BUSINESS
May 13, 2003

Sogo, Seibu to merge operations in June

Struggling department store operator Sogo Inc. announced Monday that it will integrate its operations with Seibu Department Stores Ltd. on June 1 under a new holding company, Millennium Retailing Inc.
BUSINESS
May 9, 2003

Toyota Motor logs third straight year of record earnings

Toyota Motor Corp. continued to perform strongly in fiscal 2002, setting new sales and profit highs for the third consecutive year, the nation's leading automaker said Thursday.
BUSINESS
May 8, 2003

Yamaha Motor triples its net profit

Yamaha Motor Co. scored a record group net profit of 25.56 billion yen for the year through March, up roughly threefold from the previous year, the company said Wednesday.
Japan Times
BUSINESS
May 7, 2003

Japan Post to create model offices in bid to reform

Japan Post will try to improve its operations by creating 12 model post offices around the country so employees at its 24,000 outlets can learn about cost-cutting measures and improving productivity, Japan Post President Masaharu Ikuta said in a recent interview.
BUSINESS
May 7, 2003

Seafood firm, Waseda forge alliance

Seafood maker Natori Co. said Tuesday it will set up a joint venture with Waseda University to develop food items for the elderly.
BUSINESS
May 7, 2003

Ripplewood to take over Asahi Tec

U.S. investment fund Ripplewood Holdings LLC will obtain a 51 percent stake in auto parts maker Asahi Tec Corp.
BUSINESS
May 1, 2003

ANA fails to right '01's financial wrongs

All Nippon Airways Co. said Wednesday it failed in the year to March to rebound from the losses it suffered the year before, blaming its sluggish performance on weak consumer spending and stiff competition on prices.
BUSINESS
Apr 29, 2003

Hitachi swings back into the black

Hitachi Ltd. said Monday it returned to profitability in fiscal 2002, thanks to cost-cutting measures.
BUSINESS
Apr 26, 2003

Fujitsu slashes group net loss but remains in red

Fujitsu Ltd. remained in the red in fiscal 2002, posting a consolidated net loss for the second consecutive year after booking a restructuring cost of 151.49 billion yen, the firm reported Friday.
BUSINESS
Apr 25, 2003

MMC posts record 38 billion yen net profit

Mitsubishi Motors Corp. posted an estimated record group net profit of 38 billion yen for the year through March, up nearly fourfold from the previous year, due partly to reduced operation costs and increased overseas sales, the automaker said Thursday.
JAPAN
Apr 23, 2003

Top court upholds right of inventors to be properly rewarded for work

The Supreme Court gave inventors a major victory Tuesday as it sided with a former employee of Olympus Optical Co. in his battle for more royalties from a crucial component in videodisc technology.
Japan Times
BUSINESS / FRONT-RUNNERS
Apr 22, 2003

Optical equipment maker focuses on creativity

If you really want to work for a company that produces high-technology devices, you may have to brush up on your chopstick skills.
JAPAN
Apr 18, 2003

Model taxpayer cited for evasion

Electric components maker Aoi Suzuyoshi concealed about 1.5 billion yen in earnings for four years to the end of September 2001, evading some 500 million yen in corporate taxes, sources said Thursday.
CULTURE / TV & Streaming / CHANNEL SURF
Apr 13, 2003

New heroines: women at work

The spring television season has arrived, and with it a new crop of dramas. Most of the leading characters are women, but whereas heroines once meant romance or family themes, this year the theme is work.
BUSINESS
Apr 11, 2003

Takashimaya swings to net profit

Takashimaya Co. said Thursday its group net balance swung into the black for the year to Feb. 28 but that its consolidated revenue and pretax profit dropped due to continued economic stagnation.
Japan Times
BUSINESS
Apr 10, 2003

Japan Post to cut procurement costs by 10% to stay in black, Ikuta says

Japan Post aims to slash procurement costs in its mail delivery operations by 10 percent this fiscal year, according to Masaharu Ikuta, president of the new government-affiliated corporation that took over the Postal Services Agency on April 1.
Japan Times
BUSINESS
Apr 9, 2003

Toyoda takes step up Toyota ladder

Akio Toyoda will be promoted to senior managing director of Toyota Motor Corp. in June -- a year after becoming the automaker's managing director, the firm said Tuesday.
Japan Times
BUSINESS
Apr 8, 2003

Shipbuilder plans to lead way to new energy source

A major shipbuilding company in Tokyo has been working to commercialize natural gas hydrate, a chemically stable combination of water and natural gas in powdery form, hoping to make it more economical to transport and store.
BUSINESS
Apr 8, 2003

Sanyo goes back to school for guidance on personnel

Sanyo Electric Co. will tap academic expertise to improve its personnel management system through joint projects with Cambridge University, Hong Kong University and France's INSEAD business school, company officials said Monday.
Tokyo’s WWII museums hold diverse views on war and peace
A carrier-based Type 52 Zero fighter marks the entrance foyer of Yasukuni Shrine's Yushukan, a museum that tells a more nuanced story of Japan's experience in World War II than the controversies around the shrine might suggest.
Japan starts survey on foreign nationals' unpaid resident taxes
In the most recent regular session of parliament, problems were highlighted regarding some foreign workers leaving Japan without paying outstanding taxes.
Summer bonuses at major Japan firms hit record
The fourth consecutive year of increase came after many firms raised their monthly wages this spring and as a result of solid earnings mainly among manufacturers.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Weather agency warns of landslides and flooding in Kyushu as heavy rain continues
An embankment on the Amikake River that collapsed due to heavy rain in Aira, Kagoshima Prefecture, on Friday. Downpours continued in the Kyushu region over the weekend.
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Australia's warship selection signals Japanese defense industry's arrival
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan’s defense industry.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.

Podcast

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

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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