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BUSINESS
Oct 31, 2001

Major electronics makers suffer first-half losses

Five electronics makers swung into losses in the first half of the 2001 business year, plagued by the global slump in the information technology industry, according to interim earnings reports released Tuesday.
BUSINESS
Oct 30, 2001

Kuwaiti Cabinet endorses new contracts for Arabian Oil

The Kuwaiti Cabinet has given the green light to its plan to map out new contracts that will allow Tokyo-based Arabian Oil Co. to continue operations in the country's Khafji oil field, Arabian Oil said Monday.
COMMUNITY
Oct 28, 2001

Kyushu's hoard of the purest gold

Down, down, down; bouncing down rock tunnels blasted through the innards of a mountain in the south of Kyushu. Steeply down, left and right and left again until, 225 meters below the mine's entrance, the heat builds up, the sulfur smell gets stronger and the certainty mounts that, alone, the chances...
JAPAN
Oct 26, 2001

Products using beef extract not exempt in mad cow scare

OSAKA -- Despite the government's repeated assurances, it is not clear how soon domestic beef consumption will recover to levels before the nation was hit by the mad cow scare in September. But consumer advocates have warned that the threat of the disease does not come from beef alone.
BUSINESS
Oct 26, 2001

Shinsei Bank in fundraising drive

Shinsei Bank plans to securitize its own loan assets and sell them to investors to diversify its fundraising methods, bank officials said Thursday.
BUSINESS
Oct 26, 2001

Volkswagen to accelerate sales promotion, presence in Asia

MAKUHARI, Chiba Pref. -- German auto giant Volkswagen AG is accelerating sales promotions to increase its presence in Asia, especially in Japan and China, according to an executive of the firm.
BUSINESS
Oct 24, 2001

NEC slashes white-collar hours

Compiled from wire reports NEC Corp. said Tuesday it will scale back the hours of all 9,000 white-collar workers employed in its domestic semiconductor division.
BUSINESS
Oct 24, 2001

Sega to take big hit on stock portfolio

Game software maker Sega Corp. said Tuesday it expects a bigger group net loss for the first half that ended Sept. 30 due to an appraisal loss of 23.8 billion yen on its securities holdings in the wake of falling share prices.
JAPAN
Oct 23, 2001

Accountants held in UBC scam

The Tokyo District Public Prosecutor's Office arrested two accountants and an accounting official Monday in connection with an embezzlement case involving UBC Corp.
BUSINESS
Oct 23, 2001

Hoya posts group profit for first half

Hoya Corp., the nation's largest producer of optical glass and eyeglasses, announced Monday group net profits of 13.66 billion yen for the first half of fiscal 2001, down 0.2 percent from a year earlier.
BUSINESS
Oct 20, 2001

Daiei's losses come to 3.99 billion yen

Struggling supermarket-chain operator Daiei Inc. on Friday reported unconsolidated net losses of 3.99 billion yen for the March-August term.
JAPAN
Oct 20, 2001

Kato linked to tainted talent agency

A senior official at a scandal-hit talent agency loaned 100 million yen in 1999 to the private secretary of Koichi Kato, a former secretary general of the Liberal Democratic Party, agency sources said Friday.
BUSINESS
Oct 20, 2001

Yasuda cracks the whip on merger procedure

Yasuda Fire & Marine Insurance Co. and two other nonlife insurers will try to hasten work on their coming merger, the insurer's president said Friday.
CULTURE / TV & Streaming / CHANNEL SURF
Oct 14, 2001

Time for a quickie and some canoodling

The theme of TV Asahi's new variety show, "Jungle Book" (Tuesday, 7 p.m.) is "making friends with animals all over the world." The producers send "young rangers," who are invariably teenagers, on various "assignments" in foreign countries where they interact on a long-term basis with both domestic and...
BUSINESS
Oct 11, 2001

Fast Retailing Co. chalks up record sales, pretax profits

Fast Retailing Co., Japan's top casual-wear retailer known for its Uniqlo brand, reported record unconsolidated sales and pretax profits Wednesday for the year that ended Aug. 31.
JAPAN
Oct 11, 2001

Web gossip sparks corporate anger

Two major life insurers were battered by a swirl of rumors in September as several message boards on a popular Web site began predicting their demise.
BUSINESS
Oct 11, 2001

Marubeni to dissolve three units

Trading house Marubeni Corp. said Wednesday it will dissolve three subsidiaries in Japan and overseas to streamline its operations.
JAPAN
Oct 11, 2001

Three arrested over union affiliate scam

Tokyo prosecutors arrested three men Wednesday, including the 59-year-old managing director of a firm affiliated with the nation's largest labor union, on suspicion of embezzling 38 million yen from the company.
BUSINESS
Oct 11, 2001

NKK venture set to test viability of alternative to LPG

Steel maker NKK Corp. said Wednesday it will set up a venture with seven other firms to research the feasibility of producing dimethyl ether, a clean fuel that can be used as an alternative to liquefied petroleum gas.
CULTURE / Stage
Oct 10, 2001

You can wonder, but you can't hide

As directed by Barry Kyle and performed by the Shakespeare's Globe Theatre Company from London, this "King Lear" is no cobwebbed historical fable. In this, the company's second visit to Japan (the last time was in 1998 with "As you like It"), they bring not only a classic drama but also the democratic...
BUSINESS
Sep 22, 2001

Transport ministry unveils its draft of privatization plan

Under strong pressure from the reformist Koizumi Cabinet, the Land, Infrastructure and Transport Ministry unveiled a draft plan Friday to privatize six controversial road- and housing-related semigovernmental corporations.
BUSINESS
Sep 21, 2001

Citigroup to form tieup with two life insurers

U.S. financial services giant Citigroup Inc. said Thursday it has reached a basic agreement on a life insurance tieup with Mitsui Marine & Fire Insurance Co. and Sumitomo Marine & Fire Insurance Co.
BUSINESS
Sep 20, 2001

Transport ministry seeks to privatize public bodies

The Land, Infrastructure and Transport Ministry on Wednesday unveiled a plan to privatize four public corporations under its jurisdiction.
BUSINESS
Sep 19, 2001

Arabian Oil given ray of hope

Tokyo-based Arabian Oil Co. has agreed with the Kuwaiti government to the principles of operation regarding its continued drilling in the Kuwait-controlled portion of the Khafji oil field, the Ministry of Economy, Trade and Industry said Tuesday.
BUSINESS
Sep 17, 2001

Vodafone ready to make grab for Japan Telecom

British mobile phone giant Vodafone Group PLC has begun final preparations to conduct a takeover bid of Japan Telecom Co. so it can establish management control over the Japanese telecommunications firm, industry officials said Sunday.
BUSINESS
Sep 15, 2001

Insurers to launch pension firm

Nippon Life Insurance Co. and Dai-ichi Mutual Life Insurance Co. said Friday they will establish a company on Oct. 1 specializing in administering corporate pension fund assets.
BUSINESS
Sep 15, 2001

Mitsubishi revises down profit outlook

Mitsubishi Electric Corp. on Friday revised downward its earnings projections for the first half of fiscal 2001, blaming the plunge in global demand for semiconductors and mobile phones.

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