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BUSINESS
Jan 19, 2010

JAL better off without government umbrella

Kiyoshi Watanabe bought Japan Airlines Corp. shares last year at about ¥100 and lost more than 90 percent of his investment on speculation the former flag carrier will file for bankruptcy. Yet he supports the government's decision to forgo a bailout.
BUSINESS
Dec 30, 2009

TSE touts sharp increase in IPOs

New listings on the Tokyo Stock Exchange may rise tenfold to as many as 100 in 2010 as an increasing number of technology companies seek capital, according to Atsushi Saito, president of the bourse.
BUSINESS
Dec 23, 2009

LDH looks to unload Livedoor Web portal unit

LDH Corp., the Internet company that paid ¥30.6 billion in dividends this year to Morgan Stanley and other investors, plans to sell its Livedoor Co. Web portal unit, sources said.
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.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past