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JAPAN
Oct 19, 2005

Seibu picks Cerberus, Nikko for fresh capital

Seibu Railway Co. said Tuesday it has chosen U.S. investment fund Cerberus Group and Nikko Principal Investments Japan Ltd. as the main providers of fresh capital for the group, which is trying to turn itself around after a series of scandals.
JAPAN
Oct 15, 2005

Ishihara names Olympics panelists

Tokyo Gov. Shintaro Ishihara on Friday announced the members of a metropolitan government panel set up to discuss ideas for the city's bid to host the 2016 Summer Olympics.
BUSINESS
Oct 14, 2005

Impasse to delay TSE stock listing

Tokyo Stock Exchange Inc. President Takuo Tsurushima said Thursday it will be difficult for the TSE to list the company on the stock market by the end of the current fiscal year as planned.
Japan Times
CULTURE / Music
Oct 14, 2005

Benefit for New Orleans

New Orleans isn't just the birthplace of jazz; it's also home to a huge number of working musicians. Many of the jazz, funk, blues and R&B musicians who made their homes in the Big Easy or along the Gulf Coast lost everything they had when Hurricane Katrina hit.
BUSINESS
Oct 13, 2005

Japan Post eyes global distribution ties

Japan Post is in talks with TNT Post Group NV of the Netherlands and several Japanese transportation companies about an international distribution alliance, sources said Wednesday.
JAPAN
Oct 10, 2005

30% of home computers don't have virus protection

The scourge of computer viruses has been widely reported, but that doesn't mean everyone takes preventative measures -- especially children and the elderly.
JAPAN
Oct 9, 2005

Sumitomo Trust, MUFG mediation likely to fail

The Tokyo District Court has urged Mitsubishi UFJ Financial Group Inc. to pay about 5 billion yen in compensation to Sumitomo Trust & Banking Co. for their failed trust merger, but MUFG is likely to reject the court's proposal, sources familiar with the matter said Saturday.
BUSINESS
Oct 8, 2005

Foreign firms not in Kanebo hunt

The Industrial Revitalization Corp. of Japan has chosen four competing business groups as part of the second tender for sponsorship of Kanebo Ltd.'s rehabilitation, according to sources.
BUSINESS
Oct 7, 2005

BOJ seen seeking right time to act normal, start guiding rates

After more than four years of ultraloose monetary policy by the Bank of Japan, the economic slump is waning and many BOJ watchers, keying in on recent repeated hints, are predicting the stance may end in the near future.
JAPAN
Oct 1, 2005

Food industry joins 'food education' bandwagon

A law enactd in July aimed at improving children's eating habits has triggered moves in the domestic food industry to enlighten youngsters on what constitutes a healthy diet.
EDITORIALS
Oct 1, 2005

Teach our children well

The nation's boards of education have finished their selection of textbooks to be used at junior high schools from April 2006 for the next four years. The process gained widespread attention because among the candidate textbooks was a controversial revisionist history textbook published by Fusosha Publishing...
BUSINESS
Oct 1, 2005

Wal-Mart takes control

Seiyu Ltd. said Friday that Wal-Mart Stores Inc. of the United States will raise its stake in the retailer from 42 percent to over 50 percent by the end of the year, making it a subsidiary of the U.S. retailing giant.
BUSINESS
Oct 1, 2005

IPMobile applies for licensing on 2 gigahertz band

Communications venture IPMobile Inc. applied to the government Friday for a license to enter the third-generation cellular-phone market.
EDITORIALS
Sep 29, 2005

Can a watchdog watch itself?

The Tokyo Stock Exchange's plan to go public in fiscal 2005 (ending next March 31) seems unlikely to go smoothly as the Financial Services Agency opposes the plan. At issue is a debate over whether the bourse can continue to properly execute its public role as a watchdog over the stock market after going...
BUSINESS
Sep 28, 2005

Canon aims new printers at photographers

Canon Inc. unveiled a new lineup of inkjet printers Tuesday for the all-important yearend season, with an emphasis on upgraded photo printing performance to lure the growing number of people who want to print snapshots at home.
BUSINESS
Sep 28, 2005

Kanebo bidders boil down to 10

Ten Japanese and foreign firms and groups have submitted bids as the state-backed corporate bailout agency closed the second round of tenders Tuesday to pick Kanebo Ltd.'s rehabilitators, sources said.
JAPAN
Sep 24, 2005

Kanebo will sell off core fashion division

Kanebo Ltd., undergoing state-backed rehabilitation, plans to sell its fashion division, company officials said Thursday night.
BUSINESS
Sep 22, 2005

Mizuho names Briton

Mizuho Corporate Bank said Wednesday it has appointed Jeremy Ghose as an executive officer, making the Briton the first foreigner to take a board membership among Japan's four largest banking groups.

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