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BUSINESS
Aug 12, 2004

JFE Steel plans blast furnace at China venture

JFE Steel Corp. plans to construct a blast furnace in China in a joint project with a local company to build an integrated steelworks that could exceed 100 billion yen in value, company sources said Wednesday.
BUSINESS
Aug 12, 2004

Kanebo incurs sales fall after cosmetics spinoff

Struggling Kanebo Ltd. said Wednesday its group sales in the April-June first quarter of fiscal 2004 fell 26.8 percent to 76.56 billion yen, mainly because it sold its cosmetics division to a new entity formed with governmental aid.
BUSINESS
Aug 11, 2004

Daiei told by three creditor banks to seek IRCJ help

The rehabilitation of Daiei Inc. entered a new stage Tuesday after its three major creditor banks told the embattled retail giant to seek help from the Industrial Revitalization Corp. of Japan, according to sources.
BUSINESS
Aug 10, 2004

Health concerns, tax hike douse Japan Tobacco's earnings

Japan Tobacco Inc., half owned by the government, reported Monday a double-digit fall in earnings for the April-June period, as heightened health concerns and a tax hike cooled smokers' cravings.
BUSINESS
Aug 10, 2004

Daiei creditors reaffirm IRCJ plan

Daiei Inc.'s three main creditor banks reaffirmed their plan Monday to seek help from the Industrial Revitalization Corp. of Japan to rescue the embattled retailer, bank officials said.
BUSINESS
Aug 7, 2004

Vodafone sees fall in subscription figures for July

Vodafone K.K. saw a net decrease of 3,100 subscriptions in July, becoming the first among the three major mobile phone carriers to report a net decline in subscriptions, according to data released Friday by an industry association.
JAPAN / BULLETIN BOARD
Aug 5, 2004

Sailing regatta for foreign, Japanese kids set for Sept. 5

The Japan Junior Yacht Club Union will hold its 14th International Goodwill Junior Yacht Regatta on Sept. 5 at Wakasa Yacht Kunren Center in Wakasa Kaihin Park in Koto Ward, Tokyo.
BUSINESS
Aug 5, 2004

Half JT's tobacco growers face ax

Japan Tobacco Inc. said Wednesday it will ask some domestic tobacco growers to stop cultivating tobacco beginning next year due to falling cigarette consumption in Japan.
JAPAN / BULLETIN BOARD
Aug 5, 2004

Sailing regatta for foreign, Japanese kids set for Sept. 5

The Japan Junior Yacht Club Union will hold its 14th International Goodwill Junior Yacht Regatta on Sept. 5 at Wakasa Yacht Kunren Center in Wakasa Kaihin Park in Koto Ward, Tokyo.
BUSINESS
Aug 4, 2004

McDonald's Japan posts 1.12 billion yen net profit

McDonald's Holdings Co. (Japan) said Tuesday it saw a more than eight-fold increase in net profit to 1.12 billion yen during the January-June period due to a popular new menu and sales promotions.
BUSINESS
Aug 3, 2004

Credit Saison ties up with Monex

Credit Saison Co. said Monday it has teamed up with online brokerage Monex Inc. to sell investment trust products to its 16 million credit card holders.
BUSINESS
Jul 31, 2004

DoCoMo profit falls 13% in line with fee discounts

NTT DoCoMo Inc. said Friday its first-quarter net profit dropped 13 percent to 170.38 billion yen due to an expanded discount program to protect its subscriber base.
Japan Times
JAPAN
Jul 29, 2004

Migrants' remittances home exceed ODA

Elisa Rey puts a wad of yen into a small, brown envelope at her home. Far away in Peru, her monthly remittances -- set aside from her job in an electronics factory south of Tokyo -- have already built a house that few could dream of in her poor suburb of Lima.
BUSINESS
Jul 28, 2004

Dell's new CEO hopes to expand in Japan, China

Kevin Rollins, on his first visit to Japan as Dell Inc.'s chief executive, said Tuesday the country is a strategic market that is growing at a record pace for the U.S. computer maker.
BUSINESS
Jul 23, 2004

Business chiefs blame officials for shortcomings of Japan

OYAMA, Shizuoka Pref. -- Business leaders must lead the nation in soul-searching debate on Japan's security, diplomacy and constitutional issues, Hiroshi Okuda, chairman of the Japan Business Federation (Nippon Keidanren), said Thursday.
Japan Times
BUSINESS
Jul 23, 2004

Portable digital-audio player market heating up

Competition is intensifying in Japan over a new breed of portable digital-audio players that allows music lovers to carry around a vast library of their favorite tracks.
BUSINESS
Jul 21, 2004

Sony-Bertelsmann deal approved

BERLIN The European Commission has approved unconditionally a merger between the music units of Sony Corp. and Germany's Bertelsmann AG to create the world's second-largest music company, with a 25 percent market share, the two companies said Monday.
Japan Times
JAPAN
Jul 21, 2004

New social insurance head appointed

Kiyoshi Murase, deputy president of Sompo Japan Insurance Inc., was appointed commissioner of the Social Insurance Agency on Tuesday, becoming the first appointee from a private firm to head the body affiliated with the Health, Labor and Welfare Ministry.
CULTURE / Books / THE ASIAN BOOKSHELF
Jul 18, 2004

The literary perfect crime

SAYONARA, GANGSTERS, by Genichiro Takahashi, translated by Michael Emmerich. New York: Vertical, Inc., 2004, 311 pp., $19.95 (cloth). A poet is talking to a refrigerator. The refrigerator with whom he is conversing is Virgil -- yes, that Virgil, author of "The Aeneid" and later Dante's guide through...
JAPAN
Jul 16, 2004

South Koreans blast 'distorted' textbook

A group of South Korean residents here urged the Tokyo Metropolitan Government's board of education Thursday not to adopt a controversial junior high school textbook -- which critics say glosses over Japan's wartime atrocities -- for use in a public secondary school that will open in April.
BUSINESS
Jul 14, 2004

DoCoMo to invest in TI in quest for dual-mode chips

Japan's top mobile carrier said Tuesday it will invest about 5.5 billion yen in Texas Instruments Inc. of the United States to jointly develop a chip to enable cell phones to work in two different networks.

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