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BUSINESS
May 17, 2006

Toyo Suisan, Toray to drop ChuoAoyama

Toray Industries Inc. and Toyo Suisan Kaisha Ltd. have both said they will seek to terminate their audit contracts with scandal-tainted ChuoAoyama PricewaterhouseCoopers, one of the top four auditing firms in Japan.
BUSINESS
May 17, 2006

Economic expansion 'fragile' but the second longest since the war

Japan marked its 52nd straight month of expansion since February 2002, making this the second-longest period of growth of the postwar era, according to a government report released Tuesday.
LIFE / Language
May 16, 2006

Baseball scoreless in language bout with sumo

When describing efforts by foreigners to gain a foothold in Japan, author/commentator and former president of ASI Market Research (Japan), Inc., George Fields, liked to apply the analogy of pro baseball players and sumo wrestlers. The former, for reasons we shall see, were held up as outsiders who forever...
JAPAN
May 13, 2006

Ailing waterfront redevelopers set for rehabilitation

The Tokyo Metropolitan Government filed Friday for court protection under the fast-track civil rehabilitation law for three public-private joint ventures set up in the 1980s for redeveloping a waterfront area along Tokyo Bay.
JAPAN
May 12, 2006

Mitarai favors political donations

Canon Inc. will resume donations to political parties if an amendment to the political funds control law clears the Diet, company President Fujio Mitarai said Thursday.
BUSINESS
May 12, 2006

Merged duo's photo pullout results in loss of 54 billion yen

Konica Minolta Holdings Inc. reported a 54.31 billion yen net loss for fiscal 2005 on Thursday, as it wrote down fixed assets following a decision to withdraw from the camera and film business.
BUSINESS
May 12, 2006

Japan Tobacco seeks 30 yen price hike

Japan Tobacco Inc. said Thursday it is seeking permission to raise prices for its 13 cigarette brands by 30 yen a pack -- a move likely to inflame smokers.
JAPAN
May 11, 2006

Horie to plead not guilty, lawyers say

Former Livedoor Co. President Takafumi Horie will plead not guilty to securities law violations, his lawyers told the Tokyo District Court during pretrial proceedings Wednesday.
BUSINESS
May 11, 2006

Murakami fund shifts to Singapore

An investment fund led by financier Yoshiaki Murakami said Wednesday it has set up a new investment firm in Singapore and transferred all funds under MAC Asset Management Inc., the core of the fund, to the new company.
BUSINESS
May 10, 2006

Murakami asks TSE for railway info

An investment fund led by financier Yoshiaki Murakami said Tuesday it has asked the Tokyo Stock Exchange to instruct Hanshin Electric Railway Co. and Hankyu Holdings Inc. to expedite disclosure of information on their merger talks.
JAPAN
May 9, 2006

Startup carrier for Kansai airport still only in pie in the sky stage

OSAKA -- Moments after takeoff, passengers on "Air Kansai" watch two flight attendants explain the safety procedures in rapid-fire Osaka "manzai" comic dialogue.
JAPAN
May 9, 2006

Bean diet draws viewer complaints

Tokyo Broadcasting System Inc. has received more than 30 complaints from viewers who suffered nausea or diarrhea after trying a diet aired on one of its TV programs, the company said Monday.
BUSINESS
May 3, 2006

Legal provisions targeting 'paper companies' a worry for foreign firms

Before the new Corporate Law took effect Monday, one article was viewed with a wary eye by foreign-affiliated firms: No. 821.
BUSINESS
May 2, 2006

S&P puts Hankyu on its watch list

Credit rating firm Standard & Poor's said Monday it has put Hankyu Holdings Inc. on its watch list because the railway operator's planned merger with rival Hanshin Electric Railway Co. might prove too costly.
EDITORIALS
May 1, 2006

Trail to the epicenter of faulty math

Police have arrested disgraced structural designer Hidetsugu Aneha and seven others involved in the scandal that has shaken public confidence in the safety of residences, although the specific allegations against them at this point are not directly related to the core of the scandal -- Mr. Aneha's fabrication...
BUSINESS
Apr 29, 2006

Son named president at Vodafone

Mobile phone company Vodafone K.K. selected Softbank Corp. President Masayoshi Son as its new president at an extraordinary shareholders' meeting Friday.
BUSINESS
Apr 28, 2006

Kinki Osaka chief to helm Resona

Resona Holdings Inc. will appoint Hiroyuki Mizuta, president of its affiliate, Kinki Osaka Bank, as the holding company's new president, sources close to the group said Thursday.
JAPAN
Apr 27, 2006

Aneha, seven associates in building fraud held

Disgraced architect Hidetsugu Aneha and seven of his associates were arrested Wednesday in a sweep of key figures linked to the building safety fraud that has rocked the country, but the specific charges they face as yet are not tied to the scam.
BUSINESS
Apr 27, 2006

Stores to hold prices on ersatz beer

Retailer Aeon Co. said Wednesday it will hold the price of "third-category" beer steady despite an increase in taxes on the product that will take effect Monday.
JAPAN
Apr 26, 2006

FTC raids firms over bid-rigging in water treatment

The Fair Trade Commission searched the offices of six water-treatment plant makers Tuesday looking for evidence of bid-rigging on local government contracts, investigation sources said.
BUSINESS
Apr 26, 2006

Toray bags big carbon-fiber deal for Boeing 787

Toray Industries Inc. said Tuesday it has won a contract to supply carbon fiber material for use in Boeing Co.'s new midsize B787 aircraft through 2021.
BUSINESS
Apr 26, 2006

Higher costs cut into KDDI profit by 30%

KDDI Corp. said Tuesday profit fell by 30 percent in the first quarter compared with the same period a year ago, hurt by higher sales promotion costs and a loss caused by a writedown of assets.
JAPAN
Apr 24, 2006

For female 'otaku,' a coffee house all their own

Opening the thick wooden door to the Swallowtail coffee house in Tokyo, a man in a black tailcoat greets female customers: "Welcome home, Madam."

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