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BUSINESS
Dec 9, 2005

Sanyo hopes Goldman buys debt-riddled financial arm

Sanyo Electric Co. is in talks with Goldman Sachs Group Inc. and other firms over the sale of part of its 52 percent stake in Sanyo Electric Credit Co., sources said Thursday.
BUSINESS
Dec 9, 2005

Mizuho Securities mars J-Com's market debut

Mizuho Securities Co., a brokerage unit of Mizuho Financial Group Inc., said Thursday it was responsible for the large number of erroneous J-Com sell orders on the Tokyo Stock Exchange that caused overall share prices to plunge the same day.
JAPAN
Dec 8, 2005

Aneha fraud easy to see: whistle-blower

, chief of Atlas Architect Design Office and the first whistle-blower in the building safety scandal, attends a session of the Lower House Land, Infrastructure and Transport Committee along with eHomes President Togo Fujita (center) and Japan ERI President Takahide Suzuki.
BUSINESS
Dec 7, 2005

Toshiba in pact for new logic chips

Toshiba Corp. said Tuesday it has agreed to develop 65-nanometer field programmable gate arrays, a type of logic chip that supports thousands of gates, with Xilinx Inc. of the United States.
JAPAN
Dec 7, 2005

8 billion yen outlay eyed to repair shoddy condo fiasco

and land minister Kazuo Kitagawa, addresses a government meeting Tuesday on aid for condominium owners in the shoddy building scandal.
Japan Times
BUSINESS
Dec 6, 2005

Service held for Daiei founder Nakauchi

A memorial service for the late Daiei Inc. founder Isao Nakauchi was held Monday in Tokyo, attended by more than 2,000 people, including many from the retailing industry.
BUSINESS
Dec 3, 2005

Bank merger OK'd

The Financial Services Agency on Friday approved the merger of Resona Bank and Nara Bank, both of which operate under the wing of Resona Holdings Inc.
JAPAN
Dec 2, 2005

IPods to remain freeof royalty payments

A government panel Thursday decided against expanding the range of products subject to royalty payments on digital music recording devices to include iPods and other new gadgets that use flash memory and hard disks.
BUSINESS
Dec 2, 2005

IRCJ holds final round of bidding for Kanebo

Three candidates placed their bids Thursday in the final round to select a buyer for struggling and scandal-plagued Kanebo Ltd. and Kanebo Cosmetics Inc., now managed by the government-backed Industrial Revitalization Corp. of Japan.
Japan Times
BUSINESS
Dec 2, 2005

Engineers, pop singers feted at Innovator Awards

Painless syringes, therapeutic planetariums, cards embedded with IC chips that allow cashless payments, and a singing duo who inspired a U.S. cartoon were among the products and people winning honors Wednesday for innovation.
BUSINESS
Dec 1, 2005

Seibu to shut anemic Shizuoka, Toyama outlets by end of '06

Seibu Department Stores Ltd. plans to close its outlets in the cities of Toyama and Shizuoka by the end of 2006, it was learned Wednesday.
Japan Times
JAPAN
Nov 30, 2005

Lawmakers check Aneha-tainted building

Lawmakers visited the building site Tuesday morning of a condominium complex that was designed using quake-resistance data fabricated by Chiba-based architect Hidetsugu Aneha as part of their investigation into the shoddy construction fraud.
JAPAN
Nov 30, 2005

EHomes chief ties Japan ERI to coverup of faked quake data

EHomes Inc. President Togo Fujita on Tuesday told a Diet committee that Japan ERI Co., which certified construction applications with faked quake-resistance data by architect Hidetsugu Aneha, was involved in hiding the falsifications after discovering them about a year ago.
Japan Times
COMMUNITY
Nov 29, 2005

Opening the kimono to everyone

Maia Maniglier fell in love with kimono in 2001, when she was convinced to let a Tokyo kimono stylist dress her for a reception at the French Embassy. Kanji Nakashima impressed the skeptical French woman, who had lived in Japan since 1989, by dressing her both stylishly and comfortably.
BUSINESS
Nov 26, 2005

Digital players killing off MDs

Global sales of recordable MiniDiscs are expected to total 144 million units in 2005, down 25 percent from the previous year, due to the widespread use of portable digital music players, an industry association said Friday.
BUSINESS
Nov 26, 2005

FSA issues improvement orders to 26 nonlife insurers

The Financial Services Agency ordered 26 nonlife insurers Friday to make improvements after failing to honor more than 8 billion yen in legitimate insurance claims in a scandal that has deepened worries about the faltering industry.
BUSINESS
Nov 26, 2005

DoCoMo handset for kids boasts crime alarm, locater

NTT DoCoMo Inc. has unveiled a mobile phone that features an alarm and an automatic calling function to keep children safe, as an increasing number of them fall victim to crime.
JAPAN
Nov 25, 2005

Government inspects eHomes over Aneha's faulty designs

enters the Land, Infrastructure and Transport Ministry building in Tokyo for a hearing on falsified building data.
Japan Times
BUSINESS
Nov 25, 2005

Economic challenges and opportunities lie ahead for Japan

The rapid aging of the Japanese population is both a challenge and an opportunity as it will force the nation to confront structural problems with its economy and make tough choices, visiting French journalists said at a recent symposium in Tokyo.
BUSINESS
Nov 25, 2005

GameCube fall halves Nintendo profit

Nintendo Co. said Thursday its group operating profit for the six months to Sept. 30 dived 51.0 percent on smaller sales of its GameCube video console and ballooning development costs for its next-generation Revolution console.
JAPAN
Nov 24, 2005

FSA to slap insurers with improvement orders

The Financial Services Agency will issue business improvement orders to more than 20 nonlife insurers for failing to pay insurance claims, sources said Wednesday.
BUSINESS
Nov 23, 2005

Ex-IBJ chief Nakayama dies at 99

Sohei Nakayama, a former president of the Industrial Bank of Japan, a predecessor of Mizuho Corporate Bank, died at a hospital in Tokyo on Saturday, the bank said Tuesday. He was 99.
JAPAN
Nov 22, 2005

Council seeks huge cuts in welfare, civil service, U.N. outlays

A Finance Ministry panel on Monday urged drastic cuts in social security, local government financing and civil servant payrolls in the fiscal 2006 budget to shore up the nation's debt-laden finances.
BUSINESS
Nov 22, 2005

Biometric systems popular with condo buyers

With crime rising, an increasing number of condominiums are being equipped with biometric security systems able to identify people by scanning their faces, fingerprints or other physical characteristics.
BUSINESS
Nov 22, 2005

MFG sees sharp rise in net profit

Mizuho Financial Group Inc., the country's second-largest banking group by assets, said Monday its group net profit for the first half of fiscal 2005 through September rose 44.7 percent from a year earlier, as the economic recovery boosted the financial health of its corporate borrowers.
JAPAN
Nov 20, 2005

TSE mulling full ban on golden shares

Tokyo Stock Exchange Inc. plans to introduce a ban in principle on listed firms adopting so-called golden shares, which grant owners veto powers on key matters such as a merger, sources said Saturday.
CULTURE / Books / THE ASIAN BOOKSHELF
Nov 20, 2005

There's no morning calm for Korean crime stories

THE DOOR TO BITTERNESS by Martin Limon. New York: Soho Press Inc., 2005, 278 pp., $23 (cloth). FADE TO CLEAR by Leonard Chang. New York: Thomas Dunne Books, 2004, 322 pp., $23.95 (cloth). DARK ANGEL by Geoffrey Archer. London: Arrow Books, 2005, 482 pp., £6.99 (paper). It's 1973, and Sergeants George...

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