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JAPAN
Aug 11, 2007

Builder in Aneha scam can walk free

The Tokyo District Court handed former Kimura Construction Co. President Moriyoshi Kimura a suspended three-year prison term Friday for window-dressing his company's accounts and knowingly selling inadequately earthquake-resistant condos designed by disgraced architect Hidetsugu Aneha.
BUSINESS
Aug 9, 2007

Softbank profit up 45% amid mobile price war

Softbank Corp. said Wednesday that its April-June operating profit rose 44.9 percent from a year ago to ¥78.7 billon as its mobile phone unit pulled in more new customers than its competitors in the quarter.
BUSINESS
Aug 8, 2007

191,200 join KDDI

KDDI Corp. added 16 percent more customers in July, led by subscriptions to its high-speed network offering digital television and music downloads.
BUSINESS
Aug 7, 2007

JAL cuts net loss to nearly one-sixth, losing just ¥4.2 billion in first quarter

Japan Airlines Corp. said Monday it managed to reduce its group quarterly net loss to ¥4.2 billion in the first three months of business 2007.
BUSINESS
Aug 1, 2007

Fast Retailing pitches $900 million

The operator of the popular Uniqlo casual clothing chain has submitted a "definitive proposal" to acquire Barneys New York from Jones Apparel Group for $900 million in cash, the company said Tuesday.
BUSINESS
Jul 28, 2007

Eisai buys rights to sleeping pill

Eisai Co., Japan's fourth-largest drugmaker, said it bought the rights to develop and sell Massachusetts-based Sepracor Inc.'s Lunesta sleeping pill in its home market.
BUSINESS
Jul 28, 2007

Consumer prices drop, defying BOJ projection

Consumer prices declined in June for the fifth month in a row, undermining the Bank of Japan's case that inflation will take hold and interest rates need to be raised.
BUSINESS
Jul 28, 2007

DoCoMo profits suffer as price war escalates

NTT DoCoMo Inc. said Friday its operating profit in the April-June quarter dropped 25.2 percent from a year earlier to 203.9 billion yen amid an intensifying price war with its rivals.
BUSINESS
Jul 27, 2007

BOJ yet to decide timing of rate increase, Noda says

The Bank of Japan has yet to decide when it will next raise interest rates, BOJ Policy Board member Tadao Noda said Thursday, declining to be drawn into speculating on whether the bank will increase borrowing costs next month.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami