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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.
BUSINESS
Jun 17, 2004

DoCoMo to release smart cell phones

NTT DoCoMo Inc. announced Wednesday it will release next month smart cell phones with debit card, membership card and train ticket functions.
BUSINESS
Jun 16, 2004

Key tax panel seeks consolidated system

The government's key tax panel on Tuesday proposed revising taxes levied on financial investments to ease risks for individual investors and boost the nation's economy.
BUSINESS
Jun 16, 2004

Daiei's sales slipped in May for third straight month

Sales at supermarket chain operator Daiei Inc. slid 3 percent in May from a year earlier on a same-stores basis for the third consecutive monthly decline, company officials said Tuesday.
BUSINESS
Jun 8, 2004

Ministry to offload 289,334 JT shares

The Finance Ministry said Monday it will sell 289,334 shares in Japan Tobacco Inc. held by the government for 843,000 yen per share this week.
BUSINESS
Jun 8, 2004

Nikkei makes year's biggest one-day gain

Tokyo stocks soared almost across the board Monday, prompted by rises last week in U.S. shares and propelling the benchmark Nikkei index to its largest single-day gain this year.
BUSINESS
Jun 5, 2004

True Fantasy ends

U.S. software giant Microsoft Corp. has scrapped development of Xbox game "True Fantasy Live Online," which had been slated for release in Japan during the winter, its Japan unit officials said Friday.
BUSINESS
Jun 5, 2004

Olympics buying boom anticipated

The Athens Olympic Games are likely to create 885.7 billion yen worth of demand in the Japanese economy by inducing purchases of such goods and services as digital flat-panel TVs, Dentsu Inc. said Friday.
BUSINESS
Jun 3, 2004

FSA comes down on UFJ group

The Financial Services Agency is set to slap a banking group headed by UFJ Holdings Inc. with a series of business-improvement orders over its inappropriate handling of loans to small companies and other operational problems, sources said Wednesday.
BUSINESS
Jun 3, 2004

Fujitsu, Sun expand server tieup

Fujitsu Ltd. and Sun Microsystems Inc. said Wednesday they plan to jointly develop next-generation computer server systems by 2006 for corporate users by merging their product lines.
Japan Times
BUSINESS
Jun 2, 2004

ETFs gain popularity with individual investors

With the stock market picking up, exchange traded funds, investment trusts linked to stock market indexes, are gaining popularity, especially among stock investment beginners and some brokerage houses who have begun to market overseas ETFs.
Japan Times
BUSINESS
Jun 1, 2004

Corporations racked up record profits in fiscal '03

Corporations posted record profits in fiscal 2003, thanks to streamlining efforts and strong core-business performance.
CULTURE / Books / THE ASIAN BOOKSHELF
May 30, 2004

Freedom in a feudal land

FINDING MONJU, by Earle Ernst. Key West: Eaton Street Press, Inc., 186 pp., 2000, $19.95 (paper). The late Earle Ernst was the author of that seminal work, "The Kabuki Theater," first published in 1956 and still in print, and the editor of the 1959 "Three Japanese Plays." While a member of the Allied...
BUSINESS
May 29, 2004

Major life insurers show improvement

Japan's nine major life insurers are looking healthier thanks to stock-related gains made from the 47 percent jump in Tokyo stock prices during fiscal 2003, according to earnings reports released as of Friday.
BUSINESS
May 29, 2004

Nippon Shinpan, UFJ Card to merge

Consumer credit firms Nippon Shinpan Co. and UFJ Card Co. said Friday they have signed an accord to merge in April 2005.
BUSINESS
May 28, 2004

KDDI to sell PHS unit for over 200 billion yen

KDDI Corp. has decided to sell its personal handy-phone system subsidiary, DDI Pocket Inc., to an alliance involving the Carlyle Group and Kyocera Corp., sources said Thursday.
Japan Times
JAPAN / BY THE NUMBERS
May 28, 2004

Inconvenience of 2,000 yen bills keeps them a novelty

How often do you come across a 2,000 yen bank note?
Japan Times
JAPAN
May 28, 2004

Itochu, JFE in 10-way tieup to develop clean-air truck

Trading firm Itochu Corp., steelmaker JFE Holdings Inc. and eight other entities have developed a clean-air alternative to diesel-engine trucks by using fuel produced from natural gas.
JAPAN
May 26, 2004

Scientist growing corneas from lab dish

Cornea transplants can give sight back to the blind, but they are notoriously tricky: Sutures can cause swelling. The body can reject the tissue. Each transplant requires a large mass of cells taken from a healthy eye.
BUSINESS
May 26, 2004

UFJ, Merrill Lynch to buy loans

UFJ Bank said Tuesday it and the Merrill Lynch group will create a fund of up to 100 billion yen to purchase loans to ailing small and midsize enterprises.

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