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BUSINESS
Nov 9, 2004

FSA tells Resona to improve plan

The Financial Services Agency asked Resona Holdings Inc. on Monday to improve its pending business revitalization plan, Financial Services Minister Tatsuya Ito said.
BUSINESS
Nov 9, 2004

Ito-Yokado and Marubeni apply to sponsor Daiei

Supermarket operator Ito-Yokado Co. and Marubeni Corp. are among the companies that have applied to sponsor retailer Daiei Inc.'s rehabilitation, informed sources said Monday.
JAPAN
Nov 7, 2004

Seibu Lions ballclub up for sale

Scandal-tainted Kokudo Corp. has decided to sell the Seibu Lions baseball team for more than 20 billion yen, sources said Saturday.
BUSINESS
Nov 6, 2004

IRCJ suspects Daiei, Colony cut secret deal over Hawks

The state-backed Industrial Revitalization Corp. of Japan has launched an investigation into a suspected secret deal between Daiei Inc. and U.S. investment fund Colony Capital LLC over the sale of the Fukuoka Daiei Hawks ballclub, according to sources.
BASEBALL / MLB
Nov 5, 2004

BlueWave GM presents list of 25 protected players

Orix BlueWave general manager Katsuhiro Nakamura visited the baseball commissioner's office on Thursday to present a list of 25 protected players who will receive preferential signing rights with the new team created by the merger with the Kintetsu Buffaloes.
BUSINESS
Nov 3, 2004

Firms ready fiber-optic DVD service

PoweredCom Inc., Tokyo Electric Power Co. and Toshiba Corp. said Tuesday they will begin on Dec. 1 a new DVD content distribution service via a fiber-optic network, which they say is the world's first, on a trial basis for 1,000 monitors in eastern Japan.
Japan Times
JAPAN
Nov 3, 2004

Ishihara tries to counter city's birthrate-unfriendly nature

Tokyo Gov. Shintaro Ishihara would probably be happy to learn that when Mayumi Ozaki's 2-year-old daughter caught a cold, her minder went to the girl's home and looked after her for two days.
BUSINESS
Nov 2, 2004

Builders hot on TSE in wake of disasters

Construction-related shares drew active buying Monday from investors betting such firms will see sharply higher demand due to the recent string of natural disasters hitting the nation.
JAPAN
Oct 31, 2004

Kanebo tabs spinoff head for president

Struggling textile maker Kanebo Ltd. has decided to name Takehiko Ogi, an outside board director of Kanebo Cosmetics Inc., a firm spun off from Kanebo in May, as its president, sources close to the reshuffle said Saturday.
BUSINESS
Oct 30, 2004

DoCoMo reports first fall in first-half earnings, revenue

NTT DoCoMo Inc. on Friday reported its first-ever fall in first-half earnings and revenue since it went public in 1998 due to a discount campaign to prevent its customers from defecting to rivals.
BUSINESS
Oct 29, 2004

Matsushita and Sony report soaring net profits for first half

Matsushita Electric Industrial Co. and Sony Corp. said Thursday that their net profits more than doubled in the first half, though there was a stark contrast in how the archrivals made their money.
BUSINESS
Oct 29, 2004

Deadly quakes unlikely to devastate insurers

The deadly earthquakes in Niigata Prefecture caused catastrophic landslides and destroyed buildings, but they will not cause much damage to nonlife insurance firms because their high reserves and the state's financial safety net will protect them, according to insurance specialists.
JAPAN
Oct 28, 2004

Information on quake relief funds and volunteer efforts

More than 100,000 survivors of the earthquakes that have hit the Chuetsu region in Niigata Prefecture have had to take shelter in schools and vehicles.
BASEBALL / Japanese Baseball
Oct 28, 2004

Dragons' ace Kawakami snares Central League MVP award

Chunichi Dragons right-hander Kenshin Kawakami and Fukuoka Daiei Hawks infielder Nobuhiko Matsunaka were named the Most Valuable Players of the 2004 season on Wednesday.
BUSINESS
Oct 28, 2004

Sony PSP to cost surprising 20,790 yen, hit shelves Dec. 12

Sony Computer Entertainment Inc. said Wednesday it will release its PlayStation Portable game console in Japan on Dec. 12 at a price of 20,790 yen, surprising many who had expected it to cost far more.
BUSINESS
Oct 27, 2004

Resona Holdings more than doubles profit forecast

Resona Holdings Inc. on Tuesday revised upward its group net profit forecast to 200 billion yen for the fiscal first half that ended Sept. 30, more than double the initial forecast.
BUSINESS
Oct 27, 2004

Softbank to acquire C&W IDC

Softbank Corp. said Tuesday it will acquire Cable & Wireless IDC Inc., a Japanese unit of British telecommunications firm Cable & Wireless PLC, for 12.3 billion yen.
BUSINESS
Oct 26, 2004

Citigroup CEO says trust bank to be shut down

The CEO of U.S. banking giant Citigroup Inc. apologized Monday for the bank's misconduct in Japan and said it will terminate its private banking business here for wealthy customers by Sept. 30, 2005.
BUSINESS
Oct 26, 2004

UFJ execs grilled over alleged block of FSA probe

Prosecutors on Monday questioned three former executives of UFJ Bank on suspicion of obstructing a government inspection, according to investigative sources.
Japan Times
BUSINESS
Oct 26, 2004

Resona hopes ATM placements lift profit

Banking group Resona Holdings Inc., currently under rehabilitation, has begun setting up automated teller machines in unconventional places to boost profit.
Japan Times
CULTURE / Music
Oct 24, 2004

You put a spell on us

"Earnest, to me, is a bad word." Dean Wareham is reclining on a cream-colored couch in the offices of P-Vine, his Japanese record label, looking over a list of adjectives a popular Web site uses to describe his band, Luna. Curious, amused and slightly wary, he skims the list, eyebrows raised, quickly...
Japan Times
Features
Oct 24, 2004

The cat's whiskers of Kawaii

At 10 a.m. last Saturday, the moment the doors of the Mitsukoshi department store in Tokyo's Nihonbashi district were opened, a small scrum of people rushed in, headed straight to the escalators and then up to the fifth floor.
JAPAN
Oct 23, 2004

988 million yen paid to officials as 'editing' fees

A total of 1,475 officials of the Health, Labor and Welfare Ministry and the affiliated Social Insurance Agency have received a combined 988 million yen over the past five years from private companies for editing videos and books, the ministry said in an in-house investigation report Friday.
Japan Times
COMMUNITY
Oct 23, 2004

Hiring, firing by the book in nicest possible way

Tom Nevins, a leading expert on Japanese rules of employment and personnel policy and practices, must have the busiest "meishi" in business. Not only does it open up, offering four sides of information, but contains a discount card for the many books he has written. A name card within a name card, so...
Japan Times
JAPAN
Oct 23, 2004

BayStars, Tigers chairmen to resign

Yokohama BayStars chairman Yukio Sunahara said Friday he will resign after the Central League club was known to have been engaged in unethical scouting of amateur prospect Yasuhiro Ichiba.
BUSINESS
Oct 23, 2004

Buddhism, Calvinism molds execs

OYAMA, Shizuoka Pref. -- Japanese executives are satisfied with lower pay than their Western counterparts because wealth is not considered proof that a person has been chosen by God, the president of a think tank on business ethics said Friday.
Japan Times
BUSINESS
Oct 23, 2004

New Daiei chief rules out retreat into food sector

The newly appointed president of Daiei Inc. said Friday the firm has no intention of reducing itself to a food store chain in its efforts to turn itself around under the Industrial Revitalization Corp. of Japan.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
Israel protests after Kyoto inn seeks war crime declaration from tourist
A street in Kyoto in March 2023. An Israeli tourist was asked to sign a document stating that he had not committed war crimes when he checked in at a Kyoto guesthouse in April, prompting a response from Israel's ambassador.
U.S. and Ukraine sign resources deal after fraught negotiations
The United States and Ukraine signed a minerals deal on Wednesday, offering a measure of assurance to officials in Kyiv.
Puzzling decisions and opaque rankings are all part of sumo's charm
Chiyoshoma (right) battles Churanoumi during the New Year Basho in Tokyo in January. The Mongolian's drop down the sumo rankings ahead of the May tournament was one of the biggest surprises of the latest banzuke.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
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.
CDP submits bill proposal on separate surnames, but challenges remain
Constitutional Democratic Party of Japan lawmakers speak to reporters in parliament on Wednesday after submitting a bill in the Lower House to allow married couples to retain different surnames.
Puzzling decisions and opaque rankings are all part of sumo's charm
Chiyoshoma (right) battles Churanoumi during the New Year Basho in Tokyo in January. The Mongolian's drop down the sumo rankings ahead of the May tournament was one of the biggest surprises of the latest banzuke.
North Korea's Kim sets sights on nuclear-armed navy
An unidentified weapons system is fired from the deck of North Korea's latest destroyer, the Choe Hyon, during two days of tests on Monday and Tuesday in this undated photo released Wednesday.
Single, or not? Japanese dating app launches relationship verification system
Tapple, one of Japan's most popular dating apps, has launched the nation's first feature to verify a user's single status via their My Number card.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Alex K.T. Martin

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