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BUSINESS
Aug 12, 2014

Mori Building sells debt to fund projects in run-up to Olympics

Mori Building Co. sold its longest bond ever as Japan's biggest closely held developer plans ¥1 trillion ($9.8 billion) in projects in the decade that will include the 2020 Tokyo Olympics.
Japan Times
BUSINESS / Companies
Jul 18, 2014

Line said to pursue U.S. IPO with confidential filing to SEC

Line Corp., operator of Japan's most popular mobile messaging service, filed confidentially for an initial offering in the United States, people with knowledge of the matter said, taking a step closer to a dual-listing in New York and Tokyo.
Japan Times
BUSINESS / Tech
Jul 18, 2014

Microsoft to cut 18,000 jobs this year as it chops Nokia ranks; stock surges

Microsoft Chief Executive Officer Satya Nadella kicked off one of the largest layoffs in tech history Thursday, signaling he intended to shake up the aging PC industry titan, but leaving questions about how exactly he would transform it into a nimbler, Web-based rival to Apple Inc and Google Inc.
Japan Times
WORLD
Jul 17, 2014

Time Warner win would make Murdoch U.S. media king

Rupert Murdoch's Twenty-First Century Fox Inc. made an audacious offer for Time Warner Inc. that, if it succeeds, would transform the American media landscape and cement the 83-year-old's status as the most powerful magnate in U.S. media and entertainment.
Japan Times
BUSINESS / Companies
Jul 16, 2014

Apple, IBM put aside differences with landmark deal

Apple Inc. and International Business Machines Corp. are putting aside a rivalry started at the dawn of the personal-computing era to get more businesses to embrace iPhones and iPads.
Japan Times
BUSINESS / Companies
Jul 16, 2014

Myanmar airline to buy six jets from Mitsubishi Aircraft

Mitsubishi Aircraft Corp., developing Japan's first passenger jet, has won an order worth $281 million in list prices from Air Mandalay Ltd. in Myanmar.
WORLD / Crime & Legal
Jul 7, 2014

U.S. gun makers migrate to firearm-friendly South

The first gun manufacturer to leave Connecticut after it enacted tough new gun-control laws last year in the wake of the Newtown school shootings presented a commemorative rifle last week to the governor of South Carolina, its new home.
Japan Times
BUSINESS / Markets
Jul 2, 2014

Mizuho beats Nomura in bond sales as spreads sink

Mizuho Financial Group Inc. overtook Nomura Holdings Inc. as the No. 1 underwriter of corporate bonds in the first six months as yield premiums on corporate debt fell to their lowest level in eight years.
Japan Times
BUSINESS / Companies
Jun 19, 2014

Sony CEO apologizes for another steep loss

Sony Corp. Chief Executive Officer Kazuo Hirai apologized to investors Thursday after the maker of PlayStation consoles and Xperia smartphones projected a sixth loss in seven years.
Japan Times
BUSINESS / Companies
Jun 6, 2014

Son's bid for T-Mobile faces huge antitrust hurdle

Masayoshi Son, head of SoftBank Corp. and Sprint Corp., won't be able to ride the regulatory coattails of pending U.S. telecommunications deals if he decides to buy T-Mobile US Inc.
Japan Times
ASIA PACIFIC
May 20, 2014

China slams U.S. charges over hacking, data theft

The United States on Monday charged five Chinese military officers and accused them of hacking into American nuclear, metal and solar companies to steal trade secrets, ratcheting up tensions between the two world powers over cyberespionage.
COMMENTARY / Japan
Apr 17, 2014

Japan misses chance as Abe looks backward

For Abenomics bulls who still hold out hope that Prime Minister Shinzo Abe intends to make good on his pledges to revitalize Japan, the past week must have been at least a little disconcerting.
BUSINESS / Companies
Mar 25, 2014

Japan Display earns big return for INCJ despite IPO flop

Look beyond the messy initial public offering of Japan Display Inc. and there's a surprising tale in the numbers: The government helped combine three struggling businesses, restructure them to turn the combined entity profitable — and made money in the process.
Japan Times
LIFE / Lifestyle
Mar 17, 2014

Automation set to affect our job prospects

Who needs an army of lawyers when you have a computer?
Japan Times
BUSINESS / Companies
Feb 28, 2014

Line built its empire with surprising speed

How do you create a ¥1.5 trillion company in an industry that gives its primary product away?
Japan Times
BUSINESS / Companies
Feb 10, 2014

Sony suffering seen as prelude to Loeb-inspired revamp

Sony Corp.'s latest earnings disappointment held a silver lining: the company's willingness to entertain some of activist investor Daniel Loeb's suggestions. And it may be just the beginning.
Japan Times
JAPAN
Jan 24, 2014

SoftBank to Dentsu, firms start to court gays

With less than a 0.1 percent share of Japan's car market, Alfa Romeo knew it couldn't match the marketing muscle of the local giants like Toyota Motor Corp., which together make nine out of every 10 vehicles sold in the country.
Japan Times
BUSINESS / Companies
Jan 15, 2014

Suntory 'planning $12 billion bridge loan' to buy Beam

Suntory Holdings Ltd. plans to borrow as much as $12 billion to finance the purchase of Beam Inc., two sources said.
Japan Times
BUSINESS
Jan 7, 2014

Bar for pre-crisis bankers falls on hard times

Heartland, the bar in Tokyo's Roppongi Hills complex where bankers from Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. partied before the 2008 financial crisis, has shut its doors after more than a decade.
BUSINESS / Companies
Dec 24, 2013

Sony sells Gracenote unit for $170 million

Sony Corp. has agreed to sell its Gracenote audio-recognition software business to Tribune Co. for $170 million, part of its effort to shed units as it focuses on fewer products.
BUSINESS
Dec 12, 2013

Japan tops smartphone app market

Japan surpassed the United States as the top-grossing market for apps in October as use of smartphones surged and wireless carriers started billing customers directly for downloads from Google Inc.'s online store.
Japan Times
BUSINESS / Companies
Dec 4, 2013

Nintendo seen missing target as Sony, Microsoft dwarf Wii U

Nintendo Co.'s prospects for meeting its profit and sales forecasts for the year are diminishing after Sony Corp. and Microsoft Corp. each sold more game consoles in 24 hours than the Wii U maker did in nine months.
Japan Times
BUSINESS / Companies
Nov 15, 2013

Mitsubishi UFJ, Mizuho bump up profit goals

Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. raised their full-year profit goals after the economic revival spurred lending and an equity rally boosted fees and the value of their shareholdings.
Japan Times
BUSINESS / Companies
Nov 5, 2013

SoftBank taps lucrative game market

Supercell Oy started the year trying to break into the Japanese smartphone game market. By October, it had struck a deal with the nation's second-richest man that valued the maker of "Clash of Clans" at $3 billion.
BUSINESS / Companies
Oct 18, 2013

SMBC Nikko enters San Francisco

SMBC Nikko Securities Inc., the brokerage arm of the nation's second-biggest bank by market value, opened an office in San Francisco at the beginning of this month to tap overseas investors' demand for Japanese equities.
Japan Times
BUSINESS
Sep 17, 2013

How Wal-Mart's Waltons maintain their billionaire fortune

Visitors to the Crystal Bridges Museum of American Art in Bentonville, Arkansas, leave appreciative notes on a glass wall near the entrance.
BUSINESS / Companies
Aug 30, 2013

Sony's newest hit tucked away in top smartphones, cameras

Sony Corp. has a hit product on its hands. Apple Inc., Samsung Electronics Co. and LG Electronics Inc. will be happy to sell it to you.
BUSINESS / Companies
Aug 16, 2013

Viacom to let Sony stream its programs

Sony Corp. has reached a preliminary accord to stream cable television programming from Viacom Inc. over the Internet to TVs, game consoles and Blu-ray players, a source said.
Japan Times
CULTURE / Music
Jul 3, 2013

The best albums of 2013 (so far)

The year in music so far has been filled with comeback albums that "hype" their way to the top. After the Twitter hashtags subside, though, such artists also seem to leave the minds of the public. (Is anyone still talking about David Bowie? Justin Timberlake? ... Daft Punk?) The fast-paced industry of...

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past