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BUSINESS
Nov 13, 2009

AMR, equity firm to match offer to JAL

American Airlines may team with private-equity firm TPG Inc. to invest at least $300 million in alliance partner Japan Airlines Corp., a source familiar with the plan said.
BUSINESS
Nov 7, 2009

Sumitomo Trust, Chuo Mitsui agree to merge

Sumitomo Trust & Banking Co. and Chuo Mitsui Trust Holdings Inc. agreed to merge to create Japan's fifth-largest bank as they seek to boost profit and brace for tougher capital requirements.
BUSINESS
Sep 3, 2009

DPJ's emission goals seen leading to carbon tax

The new government's pledge to accelerate reductions in greenhouse gas emissions may lead to higher subsidies for makers of solar cells, including Sharp Corp. and Kyocera Corp., while forcing utilities to pay premiums for solar power generated by consumers.
Japan Times
BUSINESS
Aug 20, 2009

Sony cuts price of PlayStation 3

Sony Corp. has cut the price of its PlayStation 3 console by 25 percent, bowing to demands from game publishers and increasing pressure on industry leader Nintendo Co. to follow.
BUSINESS
Aug 8, 2009

Resurgent DoCoMo tops Softbank in customer gains

NTT DoCoMo Inc. replaced Softbank Corp. as the nation's top mobile-phone operator in terms of user additions last month, regaining the top ranking for the first time in three years.
BUSINESS
Aug 1, 2009

Nippon Life may log 10% hedge-fund gain

Nippon Life Insurance Co., the nation's biggest life insurer, may post a 10 percent return on hedge-fund investments this year as it shifts to strategies better suited to a market recovery.
BUSINESS
Jul 9, 2009

Regional banks brace for mortgage defaults

Smaller regional banks may need to brace for an increase in mortgage defaults as unemployment rises and the contagion from the recession spreads.
Japan Times
BUSINESS
Jul 7, 2009

Porn downloads strain mobile network

Takeshi says he pays ¥6,300 a month to NTT DoCoMo Inc. for unlimited Internet access, allowing him to download adult movies on his mobile phone.
BUSINESS
May 20, 2009

Major banking groups report massive losses

The economic recession and tumbling stock market forced most of Japan's major banking groups to report losses in the business year that ended in March.
BUSINESS
Apr 15, 2009

Mizuho may need extra trillion: UBS

Mizuho Financial Group Inc., which has raised $4.4 billion (¥439 billion) since December, may need another ¥1.38 trillion to strengthen its capital, UBS AG has said.
BUSINESS
Apr 10, 2009

Moody's cuts Mizuho's ratings

Mizuho Financial Group Inc., which has raised $4.4 billion in capital since December, is under pressure to tap investors again after Moody's Investors Service cut its credit ratings.
LIFE / CLOSE-UP
Apr 5, 2009

Hiroshi Mikitani: Retail revolutionary

On a bitterly cold mid-February day, in the midst of an even harsher economic climate, Hiroshi Mikitani — founder, president and CEO of one of Japan's largest online retailers, Rakuten Inc. — shook off a slight cold to announce at a concise news conference that in fiscal 2008 his company had achieved...
Japan Times
BUSINESS
Apr 2, 2009

Will pay gap at Nomura go toxic?

Nomura Holdings Inc. is paying college graduates originally recruited by Lehman Brothers Holdings Inc. more than twice as much as those it hired on its own, two sources said.
BUSINESS
Mar 27, 2009

MUFG, Morgan to merge Japan brokerages

Mitsubishi UFJ Financial Group Inc. and Morgan Stanley said Thursday they will merge their Japanese securities businesses to create the nation's second-largest brokerage.
BUSINESS
Mar 17, 2009

Game publishers to Sony: Cut PS3 price or lose out to Nintendo

Sony Corp. is under pressure from video game publishers to cut the price of the PlayStation 3 console or risk seeing more development funds shift to Nintendo Co.'s Wii.
BUSINESS
Mar 12, 2009

FSA plans crackdown on credit skinflints

The Financial Services Agency plans to make unprecedented inspections of Japan's top banks to avert a loan drought that would boost bankruptcies.
BUSINESS
Feb 4, 2009

Mitsubishi UFJ looks at merging some units with Morgan Stanley

Mitsubishi UFJ Financial Group Inc. may seek to merge some of its overseas businesses with Morgan Stanley after buying a stake in the Wall Street firm last year.
BUSINESS
Jan 29, 2009

Mizuho has eyes on local Citigroup units

Mizuho Financial Group Inc., Japan's second-largest bank by revenue, said it may consider buying Citigroup Inc.'s local brokerage and asset-management units.
BUSINESS
Jan 20, 2009

Citi 'committed' to Nikko Cordial unit — at least for year

Citigroup Inc. said it is "committed" to its Japanese brokerage unit Nikko Cordial Securities Inc., rebuffing media reports the division is up for sale as Citigroup splits in two to rebuild capital.
BUSINESS
Dec 26, 2008

Megabanks face global monitoring

Mitsubishi UFJ Financial Group Inc. and three other financial institutions will come under international surveillance as part of a global plan to prevent future financial crises.

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