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BUSINESS
Sep 26, 2006

Hanshin soars on final trading day

Hanshin Electric Railway Co. ended its last trading day on the Tokyo Stock Exchange sharply higher Monday, reflecting expectations of favorable business effects from its Oct. 1 merger with Hankyu Holdings Inc.
COMMENTARY / THE VIEW FROM NEW YORK
Sep 25, 2006

Supreme Court ruling doesn't hold water

NEW YORK -- U.S. Supreme Court Justice Antonin Scalia can't be serious. In a recent decision he penned, he quoted "a famous exchange" in the 1942 movie "Casablanca" and a tale about "an Eastern guru" exclaiming, "Ah, after that it is turtles all the way down." The first quote was intended to deride the...
BUSINESS
Sep 21, 2006

Itoyama takes stake in TV Tokyo

Financier Eitaro Itoyama said Wednesday he has acquired a 5.09 percent equity stake in TV Tokyo Corp., becoming its second-largest shareholder after Nihon Keizai Shimbun Inc.
BUSINESS
Sep 20, 2006

DoCoMo's i-mode now in Bulgaria

NTT DoCoMo Inc. said Tuesday that Cosmo Bulgaria Mobile EAD has launched its i-mode Internet connection service for mobile phones.
BUSINESS
Sep 20, 2006

TBS, Bic launch joint promotion

Tokyo Broadcasting System Inc. and consumer electronics store chain Bic Camera Co. said Tuesday they have linked up for sales of goods related to TBS programs and promotion of TV programs.
JAPAN
Sep 17, 2006

Murakami now plans court battle

Yoshiaki Murakami, the founder of Japan's best-known investment fund, intends to plead not guilty to insider trading charges despite admitting to them at the time of his indictment, judicial sources said Saturday.
JAPAN
Sep 16, 2006

Horie ordered profit inflation tactics, Miyauchi says

Livedoor Co.'s former Chief Financial Officer Ryoji Miyauchi testified about his former boss Takafumi Horie in court Friday and said that he and other former executives acted on orders from Horie to inflate the company's earnings for the business year to September 2004.
BUSINESS
Sep 16, 2006

Mixi shares close at 3.12 million yen

Shares of Mixi Inc. ended their second day of trading on the Tokyo Stock Exchange at 3.12 million yen Friday, up from the initial price of 2.95 million yen fetched in the morning.
JAPAN
Sep 15, 2006

Abe, LDP sued over history text approval

A group of people Thursday filed a lawsuit against Chief Cabinet Secretary Shinzo Abe and the Liberal Democratic Party with the Tokyo District Court, claiming they broke the law by intervening in the approval process for a revisionist history text.
BUSINESS
Sep 15, 2006

Poor would lose more in tax hike: economist

Although the government has little choice but to raise the consumption tax to reduce Japan's mountain of debt, any increase is likely to hit the poor the hardest, an economist at a major think tank warned Thursday.
BUSINESS
Sep 15, 2006

TSE urged to use takeover defenses

A panel set up by Financial Services Minister Kaoru Yosano recommended Wednesday that the Tokyo Stock Exchange Inc. consider installing takeover defenses and adopting a holding company structure before listing its shares on the Tokyo bourse in 2009.
BUSINESS
Sep 15, 2006

Mixi skyrockets in stock market debut

Shares of Mixi Inc., Japan's most popular social networking site, shot up during the company's stock market debut Thursday as buy orders swamped sell orders and more than doubled its initially offered price.
JAPAN
Sep 14, 2006

Two former workers arrested in Nikkei fraud case

A former employee of the Nihon Keizai Shimbun Inc. was arrested Wednesday by Tokyo police on suspicion of defrauding an employment group linked to the labor ministry, Tokyo police said.
BUSINESS
Sep 14, 2006

DoCoMo tests activity-tracking service

NTT DoCoMo Inc. began a test-run Wednesday of a new system that monitors cell phone customers' activities in certain areas and analyzes the patterns to ascertain their needs and send relevant information to their handsets.
JAPAN
Sep 13, 2006

Next prime minister must find a NEET solution

, 20, takes part in a government-sponsored job training program in Fussa, Tokyo, in early August. KYODO PHOTO
BUSINESS
Sep 13, 2006

8.3 billion yen shot in the arm eyed for drugmakers

The government plans to give the nation's anemic pharmaceuticals industry a shot in the arm next year by boosting support by 80 percent so companies can better compete on a global scale, officials said Tuesday.
BUSINESS
Sep 13, 2006

Hokuetsu, Nippon Paper agree to hold tieup talks

Hokuetsu Paper Mills Ltd. and Nippon Paper Group Inc. said Tuesday they have agreed to begin discussing a business tieup that would include mutual supply of printing paper under each other's brands.
Japan Times
JAPAN
Sep 12, 2006

Condo owners see dreams shattered in Aneha scandal

When Mitsuhide Taira moved into his 150-sq.-meter condominium in Grand Stage Kawasaki Daishi in November 2004, he thought he had found the perfect place for his wife and him to raise their three preschool-age children.
COMMUNITY / How-tos / LIFELINES
Sep 12, 2006

How can I get a mortgage in Japan?

F. wants to know if there are any banks that will give home ownership loans to foreigners who do not have permanent residence status.
JAPAN
Sep 11, 2006

Mizuho Corporate Bank to ally with two major S. Korean banks

Mizuho Corporate Bank plans to sign separate accords with two major South Korean financial institutions later this month to tie up in investment banking, sources familiar with the matter said Sunday.
BUSINESS
Sep 9, 2006

TSE nixes 40 billion yen claim over trade error

The Tokyo Stock Exchange on Friday rejected a demand from Mizuho Securities Co. to pay 40.4 billion yen in compensation for failing to cancel a massive erroneous order placed by the brokerage, the TSE said.
BUSINESS
Sep 9, 2006

Sojitz to increase exports of gadget that screens liquid

Trading house Sojitz Corp. said Friday its subsidiary Ebistrade Inc. will bolster exports of a device that can instantly determine whether a bottled liquid is flammable or not, as fears of in-flight terrorism boost demand.
JAPAN
Sep 8, 2006

Horie's lawyer says client being framed

The chief lawyer for Takafumi Horie, on trial on charges of inflating the earnings of Internet services company Livedoor Co., is accusing prosecutors of framing his client.
JAPAN
Sep 7, 2006

NTT firms say sweet potatoes best to fight heat

NTT Urban Development Co. and NTT Facilities Inc. have found that growing sweet potatoes on roofs is an effective way to combat the high heat found in urban centers.
BUSINESS
Sep 7, 2006

Fast expansion planned for Uniqlo

Fast Retailing Co., which runs the Uniqlo casual clothing chain, said Wednesday it will accelerate the opening of large stores across Japan, with 100 new outlets planned within the next three years.

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