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May 05, 2025
 

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JAPAN
Mar 23, 2007

State's witness Miyauchi gets 20 months

The Tokyo District Court sentenced Ryoji Miyauchi, former Livedoor Co. chief financial officer, to 20 months in prison Thursday for falsifying financial statements at the Internet firm but let three other executives walk away with suspended terms.
BUSINESS
Mar 23, 2007

International 'anime' fair opens in Tokyo

Giant balloons depicting Pokemon characters and boy detective Conan filled the air at the Thursday kickoff of the Tokyo International Anime Fair 2007 in Tokyo, as 270 companies, including 55 from overseas, came together for the world's biggest animation festival.
Japan Times
JAPAN
Mar 22, 2007

After Horie's fall, Nikko case seen smacking of favoritism

Japan has been abuzz with the unusually harsh prison term handed to former Internet mogul Takafumi Horie -- and the slap on the wrist given to scandal-tainted brokerage Nikko Cordial in another high-profile case of accounting fraud that, in monetary terms, was some eight times greater than Horie's firm....
JAPAN
Mar 22, 2007

Local elections to test depth of voter despondence

Held every four years, the polls will produce a new mix of governors, prefectural assembly members, mayors and other heads of towns, villages and wards.The official campaign period for the gubernatorial elections, including Tokyo's, kicks off Thursday.Along with the mayors for four ordinance-designated...
BUSINESS
Mar 21, 2007

Daiei proposes Aeon Mall president to be its new chairman

Struggling Daiei Inc. said Tuesday it will invite Yoshiharu Kawato from the Aeon supermarket chain to be its chairman as part of the business and capital alliance between the two retailers.
JAPAN
Mar 19, 2007

Convicted Horie stays defiant, slams court

Disgraced dot-com tycoon Takafumi Horie slammed his conviction and harsh sentence for securities fraud Sunday, insisting he committed no crimes and that he had more than paid for any mistakes by losing his company.
JAPAN
Mar 17, 2007

Horie handed 2 1/2 years

The Tokyo District Court sentenced Livedoor Co. founder Takafumi Horie to 2 1/2 years in prison Friday for falsifying financial statements and violating the Securities and Exchange Law in a harsh ruling sure to raise questions about double standards in the justice system.
BUSINESS
Mar 16, 2007

Citigroup launches bid for Nikko

Citigroup Inc. launched a tender offer for scandal-tainted Nikko Cordial Corp. on Thursday, a spokeswoman for the U.S. bank said, two days after raising the bid 26 percent to dispel shareholder opposition.
EDITORIALS
Mar 15, 2007

Off the TSE hook

The Tokyo Stock Exchange has decided not to delist Nikko Cordial Corp., the nation's third-largest brokerage, from the Tokyo bourse despite its false reporting of earnings. The TSE's explanation -- that the brokerage's misconduct was "not black enough" -- makes the public wonder whether the exchange...
Japan Times
BUSINESS
Mar 14, 2007

IRCJ chief satisfied as bailout body prepares to wind down

Atsushi Saito, president of the Industrial Revitalization Corp. of Japan, is confident the government-backed bailout agency has done more than revive ailing companies.
Japan Times
BUSINESS
Mar 14, 2007

Fujiya warns of 6.7 billion yen net loss from safety scandal

Scandal-tainted confectioner Fujiya Co. said Tuesday it expects to post a group net loss of 6.7 billion yen for the business year ending this month, reversing its initial forecast of an 800 million yen net profit, due to food safety problems that forced it to shut down production.
BUSINESS
Mar 14, 2007

Citigroup to raise offer in bid for Nikko

U.S. financial services giant Citigroup Inc., in the hunt to acquire Nikko Cordial Corp., said Tuesday it intends to raise its purchasing price to 1,700 yen per share from its initial offer of 1,350 yen.
BUSINESS
Mar 13, 2007

TSE rules out delisting of Nikko stock

The Tokyo Stock Exchange will not delist scandal-tainted Nikko Cordial Corp. because it cannot confirm whether the brokerage falsified its financial statements in a systematic manner, TSE President Taizo Nishimuro announced Monday.
Japan Times
JAPAN
Mar 8, 2007

Wikipedia founder searches for info in Japan

Regardless of the language, a search on the Internet these days will likely bring up a reference to Wikipedia, the online encyclopedia that anyone can contribute to.
COMMENTARY
Mar 6, 2007

Russia set to break the ice

TORONTO -- You probably missed it. With the new year focus on America's continued efforts to deal with U.S. President George W. Bush's three "evils" -- Iraq, Iran and North Korea -- you probably were not aware of the potential long-term international consequences of a speech by a Russian minister in...
BUSINESS
Mar 6, 2007

Ex-Daiei president named COO of Microsoft in Japan

Yasuyuki Higuchi, former president of Daiei Inc., on Monday took the newly created post of chief operating officer at the Japanese unit of Microsoft Corp., joining hands with its President and CEO Darren Huston.
BUSINESS
Mar 6, 2007

Nonfinancial investment surges quarterly 16.8%

Capital investment by Japanese companies excluding the financial and insurance sectors rose a record 16.8 percent in the October-December quarter from the same period a year earlier, the Finance Ministry said Monday, signaling the corporate-led economic expansion remains strong.
Britain responds after Expo 2025 afternoon tea brews outrage
The café space at the Osaka Expo's British pavilion
Why are rice prices still high in Japan?
Amid shortages, the price of a 5-kilogram bag of rice during the week of April 14 was ¥4,220.
Inflation and high hotel prices curtail Golden Week travels
Travelers in front of a flight information panel in a departure hall at Haneda Airport in Tokyo on April 26
Man arrested over body found in bag in Kawasaki
Hideyuki Shirai (center) at Tokyo's Haneda Airport on Saturday
Japan ranks 66th in press freedom, lowest among G7
Japan climbed four positions from last year, with Reporters Without Borders noting that "the principles of media freedom and pluralism are generally respected" in the country.
Japan’s ‘tabi’ sock mecca runs on thread and memories
A seamstress at Kineya Tabi sews together split-toe "tabi" socks, once a major industry for the town of Gyoda, Saitama Prefecture.
Despite shifts in Japan's political landscape, constitutional revision still far off
Prime Minister Shigeru Ishiba has been a staunch advocate for constitutional reform.
'Ukiyo-e in Play' showcases traditional art carved anew
The Adachi Institute has been working on creating brand new ukiyo-e prints in collaboration with contemporary artists such as Yayoi Kusama, whose “Mt. Fuji in Seven Colours: When life boundlessly flares up to the universe” (2014) can be seen on display at “Ukiyo-e in Play.”
Ishiba hears advice from across the aisle on how Japan should handle Trump
Prime Minister Shigaru Ishiba and CDP head Yoshihiko Noda at a parliamentary session in Tokyo on April 23.
Don't send in the clones: AI event nixed as Alt accounts get reality check
A screenshot from the website for Alt's AI conference, which was canceled after the company disclosed an investigation into its sales figures.

Podcast

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

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
By Alex K.T. Martin

SUSTAINABLE JAPAN

Fujitsu crafts sustainable innovation for itself, society
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