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COMMUNITY / Issues / THE ZEIT GIST
Jul 13, 2004

The big squeeze

The news from Japan these days is untypically sunny. The economy is performing at its sharpest clip for 13 years, investment and profits are up and analysts are gingerly forecasting a sustained recovery.
BUSINESS
Jul 13, 2004

KDDI unveils video game cell phones

KDDI Corp. unveiled Monday three third-generation handsets on which users can play video games such as "Final Fantasy" and "Dragon Quest."
BUSINESS
Jul 13, 2004

New PlayStation due this fiscal year

Sony Computer Entertainment Inc. said Monday it will launch the next-generation PlayStation video game console by the end of the current fiscal year.
BUSINESS
Jul 13, 2004

Takenaka rapped despite topping proportional list

Although Economic and Fiscal Policy Minister Heizo Takenaka garnered the most proportional representation votes on his party's ticket in Sunday's Upper House election, analysts on Monday called his performance modest and said it might cloud the outlook for Prime Minister Junichiro Koizumi's economic...
BUSINESS
Jul 10, 2004

Gyukaku operator to buy controlling stake in am/pm

Restaurant-chain operator Reins International Inc. said Friday it will buy a controlling 62.6-percent stake in convenience-store operator am/pm Japan Co. through a third-party share allotment scheme.
BUSINESS
Jul 10, 2004

Skymark to use Zero's cash reserves

Skymark Airlines Co. said Friday it will merge with Internet service company Zero Inc. on Nov. 1 to boost the discount carrier's financial base.
BUSINESS
Jul 10, 2004

Sumitomo, UFJ aim to merge in fall

Sumitomo Trust & Banking Co. and UFJ Trust Bank are in the final stages of negotiations aimed at moving up the completion of their business integration to the fall, sources close to the deal said Friday.
Japan Times
JAPAN
Jul 9, 2004

Resort rattles isle's ecological sensitivities

IRIOMOTE ISLAND, Okinawa Pref. -- Dubbed by some as the "Galapagos in the East," Iriomote boasts subtropical forests, mangrove swamps and a surrounding coral reef.
Japan Times
BUSINESS
Jul 9, 2004

Cosmetics firms want men to invest in their faces

Cosmetics manufacturers are starting to market cosmetics for men, believing the economic recovery will encourage them to "invest" in their faces.
BUSINESS
Jul 8, 2004

DoCoMo retakes subscription crown

NTT DoCoMo Inc. saw the biggest net subscription growth in the domestic mobile phone market in June, surpassing that of KDDI Corp. for the first time since September, an industry association said Wednesday.
JAPAN
Jul 8, 2004

Koizumi urges Murase to use private sector

Prime Minister Junichiro Koizumi on Wednesday told Kiyoshi Murase, tapped to become the new commissioner of the Social Insurance Agency, to reform the scandal-hit agency through means such as bringing in a slew of private-sector individuals.
Japan Times
JAPAN
Jul 7, 2004

Private-sector exec's appointment seen as last-ditch attempt by LDP

In another apparent effort to win support for the ruling coalition before Sunday's election, the government said Tuesday it will appoint a private-sector executive as head of the Social Insurance Agency.
Japan Times
JAPAN / ELECTION '04
Jul 7, 2004

Net-based campaigning still long way off

Candidates vying for House of Councilors seats in Sunday's election will not have the luxury of updating their positions or activities via the popular medium of the Internet.
BUSINESS
Jul 6, 2004

TV Tokyo plans August TSE debut

The Tokyo Stock Exchange said Monday it has given the go-ahead for TV Tokyo Corp. to list its stock on the nation's largest bourse on Aug. 5.
Japan Times
COMMUNITY / Our Lives / CLOSE-UP
Jul 4, 2004

Seiichi Kanise: Media insider casts an outsider's eye on Japan

After 17 years' experience as a top-flight news reporter both at home and abroad, in 1991 Seiichi Kanise began a 10-year stint as a TV news anchorman. Then, after covering a wide range of news events, in 2003 he accepted an offer from the Tokyo-based Bunka Hoso (Nippon Cultural Broadcasting Inc.) radio...
BUSINESS
Jul 3, 2004

PC worms, viruses hit record high

A record 36,039 cases of computer worm and virus infections were reported in the January-June period, antivirus software maker Trend Micro Inc. said Friday.
Japan Times
BUSINESS
Jul 2, 2004

Sony Walkman to go head to head with Apple's iPod

Sony Corp. said Thursday it will release on July 10 a Walkman portable music player that can store up to 13,000 songs, a move expected to pose a serious challenge to Apple Computer Inc.'s iPod, a dominant leader in the field.
BUSINESS
Jul 1, 2004

IRCJ says it's saving firms at an 'extraordinary' speed

The president of the state-backed Industrial Revitalization Corp. of Japan boasted Wednesday that the entity is reviving cash-strapped companies at an "extraordinary speed."
BUSINESS
Jun 28, 2004

Fishing net supplier attracting investors after conversion to investment banking

What was once a major Tokyo-based seller of fishing nets has recently been attracting the attention of foreign and domestic investors, both individual and institutional, thanks to a unique business strategy and an astonishingly fast pace of growth.
BUSINESS
Jun 24, 2004

China OKs Daiwa Securities gambit

Daiwa Securities SMBC Co. said Wednesday it has been given the green light by the China Securities Regulatory Commission to establish a joint securities house in Shanghai with local brokerage Shanghai Securities Co.
BUSINESS
Jun 23, 2004

Chip makers scuttle planned alliance

Major semiconductor companies have scrapped a plan to form an alliance to invest in advanced manufacturing facilities, the president of chip maker Renesas Technology Corp. said Tuesday.
BUSINESS
Jun 23, 2004

IRCJ chief denies entity has failed to live up to its name

Kazuyoshi Kaneko, state minister for the Industrial Revitalization Corp. of Japan, brushed aside criticism Tuesday that the state-backed corporate rehabilitation body isn't living up to its name.
BUSINESS
Jun 22, 2004

Aioi asks MMC to reimburse 30 million yen payout

Aioi Insurance Co. has asked Mitsubishi Motors Corp. to reimburse the 30 million yen in insurance money it paid out to a person injured in an accident deemed to have been caused by a defect in an MMC truck, Aioi officials said Monday.
BUSINESS
Jun 22, 2004

Sumitomo to buy car parts maker

Sumitomo Corp. said Monday it will acquire auto parts manufacturer Kiriu Corp. from Unison Capital Inc. in July.
BUSINESS
Jun 19, 2004

Shareholders' meetings to begin in earnest

Shareholders' meetings will get into full swing next week, with giants Sony Corp. and Toyota Motor Corp. meeting investors during the annual events.
BUSINESS
Jun 18, 2004

UFJ in hot water over concealment

The Financial Services Agency will hit UFJ Bank with a business improvement administrative order, possibly later this week, over its attempts to evade an agency inspection by concealing in-house documents on borrowers, government sources said Thursday.
BUSINESS
Jun 17, 2004

Foreign direct investment down 3.2%

Foreign direct investment in Japan fell 3.2 percent in fiscal 2003 from the previous year to 2.12 trillion yen, the Finance Ministry said Wednesday.

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