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BUSINESS
Aug 19, 2008

U.S. bank OKs MUFG tender for $3.5 billion

Mitsubishi UFJ Financial Group Inc. and UnionBanCal Corp. agreed on a tender offer at a raised price of $73.50 a share in a deal worth $3.5 billion, MUFG said Monday.
Japan Times
BUSINESS
Aug 19, 2008

Rice flour on rise as substitute for wheat in sweets

The Swiss roll looks no different from any other at a cafe or patisserie. But take a bite and something in the texture — finer and chewier — proves looks can be deceiving. The difference? The roll is made from rice flour, not wheat.
BUSINESS
Aug 19, 2008

Nippon Life preps for takeovers

Nippon Life Insurance Co. plans to raise ¥50 billion from Japanese institutional investors for acquisitions and to strengthen its capital base, the company said Monday.
Japan Times
BUSINESS
Aug 16, 2008

Japan urged to be creative to stay competitive

In contrast to fast-growing Asian economies like China and India, Japan's slow pace of economic reform coupled with its graying population and shrinking workforce is a concern to Western investors.
Japan Times
BUSINESS
Aug 16, 2008

Cash still flows for weddings

Consumers are being forced to tighten their belts by soaring food and oil prices and the expanding economic slowdown triggered last year by the subprime-loan crisis in the United States.
Japan Times
JAPAN
Aug 15, 2008

Google photos raise privacy issue in Japan

Without ever setting foot in a neighborhood, Google Inc.'s Street View service allows anyone to take a tour by computer.
JAPAN
Aug 14, 2008

CD featuring Lauper, journalist recalls zoo animals killed in war

Music label Epic Records Japan Inc. on Wednesday released a CD in which American singer Cyndi Lauper and a Japanese journalist recite a well-known story from the book "Faithful Elephants" about zookeepers who had to kill zoo animals during the war.
BUSINESS
Aug 12, 2008

Carbon-credit market trial to start in October

The Japan Electric Power Exchange will start trading carbon credits in October on a trial basis as part of Prime Minister Yasuo Fukuda's goal to cut greenhouse gases by more than half, officials said.
BUSINESS
Aug 8, 2008

Toyota posts bleak results for quarter

Toyota Motor Corp. said Thursday it posted a 28.1 percent drop in group net profit for the April-June quarter as sales in North America, the biggest market for many Japanese carmakers, were hit hard by the U.S. economic slide.
BUSINESS
Aug 8, 2008

Elpida posts third straight quarterly loss as sales slide

Elpida Memory Inc., the nation's largest maker of computer memory chips, reported Thursday its third consecutive quarterly loss after a glut drove down prices.
BUSINESS
Aug 8, 2008

Insurer Dai-ichi Mutual hedges with hedge funds

Dai-ichi Mutual Life Insurance Co., with more than ¥30 trillion in assets, will parcel out more money to hedge funds to safeguard returns as financial markets falter, a senior company official said.
Japan Times
BUSINESS / CABINET INTERVIEW
Aug 7, 2008

Clarify rules to attract foreign investment, Motegi says

Japan must make clear its criteria for restricting foreign direct investment if it hopes to attract capital from abroad, financial services minister Toshimitsu Motegi said Wednesday.
BUSINESS
Aug 7, 2008

Siemens to end venture with Fujitsu

Siemens AG plans to pull out of its computer-making venture with Fujitsu Ltd., a move that may result in the sale or dismantling of Fujitsu Siemens Computers Holding BV, The Wall Street Journal reported, citing unidentified sources.

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan