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BUSINESS
Oct 20, 2005

Rakuten chief rumored to have BayStars buyer

Rakuten Inc. President Hiroshi Mikitani told acquaintances he had a buyer for the Tokyo Broadcasting System Inc. subsidiary Yokohama BayStars before he announced his firm's acquisition of a large stake in TBS, sources said Wednesday.
BUSINESS
Jul 26, 2005

Girding for competition, KDDI to absorb Tu-Ka units

KDDI Corp. said Monday it will absorb its Tu-Ka cellular phone subsidiaries on Oct. 1 as part of efforts to prepare itself for greater competition in the wireless telephone market.
BUSINESS
Jun 30, 2005

UFJ shareholders challenge but give nod to merger

Shareholders of UFJ Holdings Inc. and Mitsubishi Tokyo Financial Group Inc. approved on Wednesday their plan to merge in October, taking a big step closer to creating the world's largest banking group in terms of assets.
BUSINESS
Jun 23, 2005

Credit card data thieves ring up 110 million yen

Data on about 46,000 Visa card holders have been stolen and so far, more than 110 million yen in illicit purchases have been reported, the Ministry of Economy, Trade and Industry said Wednesday.
JAPAN
Apr 5, 2005

Four music firms deny forming ring-song cartel

Inc. and three other major record and music software companies have denied to the Fair Trade Commission that they are blocking other firms from entering the new "ring-song" mobile phone business, company officials said Monday. Sony Music issued a statement denying the FTC's allegation. Avex Network Inc.,...
BUSINESS
Mar 19, 2005

High court hears Livedoor-NBS case

The Tokyo High Court heard arguments Friday from Livedoor Co. and Nippon Broadcasting System Inc. over the appropriateness of a district court order barring the radio firm from issuing stock warrants to Fuji Television Network Inc., sources said.
Japan Times
BUSINESS
Mar 16, 2005

Fuji TV hikes dividend to 5,000 yen per share

Fuji Television Network Inc. on Tuesday decided on a sharp dividend hike for the current fiscal year in a thinly veiled attempt to defend itself against Livedoor Co.'s hostile takeover bid for Nippon Broadcasting System Inc.
Japan Times
BUSINESS
Mar 2, 2005

Horie to take NBS bid all the way to top court

Livedoor Co. President Takafumi Horie is bound and determined to secure a majority stake in Nippon Broadcasting System Inc. and beat Fuji Television Network Inc. in a high-profile acquisition battle over the radio broadcaster.
BUSINESS
Jan 22, 2005

Foreigners fail to make cut in contest to be Daiei sponsor

The state-backed Industrial Revitalization Corp. of Japan has weeded out foreign-led consortiums from its list of candidates to sponsor struggling retailer Daiei Inc., according to sources.
BUSINESS
Dec 16, 2004

IRCJ makes Wal-Mart iffy on Daiei rehab

The Industrial Revitalization Corp. of Japan has shortlisted seven of 13 candidates to sponsor the rehabilitation of struggling retail giant Daiei Inc., industry sources said Wednesday.
Japan Times
BUSINESS
Dec 11, 2004

Cell phones answer music players' call

After e-mail, Internet access and cameras, music will likely be the next killer application for cell phones in Japan, where online distribution is yet to catch on.
BUSINESS
Dec 11, 2004

IRCJ looks to sell off Daiei units

The Industrial Revitalization Corp. of Japan plans to sell more than half of some 110 companies in the Daiei group as part of its rehabilitation of the supermarket chain, industry sources said Friday.
Japan Times
BUSINESS
Oct 16, 2004

Firms learn from VCR war, seek early mortal blow

Japanese electronics makers are waging battles in various digital home appliance sectors, aware that those who claim initial victories will likely remain dominant.
BUSINESS
Sep 11, 2004

UFJ first-half loss to hit 780 billion yen

Ailing UFJ Holdings Inc. announced Friday that it expects a net loss of 780 billion yen for the first half of fiscal 2004 amid pressure to speed up its bad-loan disposals before a planned merger with Mitsubishi Tokyo Financial Group Inc.
Japan Times
BUSINESS
Aug 19, 2004

Consumer lender-bank tieups mutually beneficial

The Web site for consumer financing firm Mobit Co. solicits new customers for its ATM service with a cartoon.
JAPAN
Aug 13, 2004

UFJ quickly inks merger pact with MTFG, awaits funds

UFJ Holdings Inc. and Mitsubishi Tokyo Financial Group Inc. signed a basic accord Thursday to merge their operations in October next year to create what would be the world's biggest banking group, with assets worth 189 trillion yen.
BUSINESS
Jul 24, 2004

Sojitz Holdings pursues 250 billion yen injection

Sojitz Holdings Corp., the parent of troubled trading house Sojitz Corp., announced Friday it will seek a capital injection of around 250 billion yen from UFJ Holdings Inc., the UBS group of Switzerland and other financial institutions.
JAPAN
Jul 17, 2004

UFJ, MTFG agree to start merger talks

UFJ Holdings Inc. and Mitsubishi Tokyo Financial Group Inc. -- two of Japan's four major banking groups -- said Friday they have agreed to start merger talks, aiming to integrate their operations during the first half of fiscal 2005.
BUSINESS / Companies
Jun 6, 2004

UFJ group to sell ailing Aplus to foreign firm

The UFJ group is in the final stages of talks with several foreign financial institutions, including Citigroup Inc. of the United States, to sell struggling consumer finance affiliate Aplus Co., sources close to the talks said Saturday.
JAPAN
May 25, 2004

Banking giants log black ink as stocks rise, bad loans fall

All but one of the nation's four major banking groups returned to the black in fiscal 2003, according to their financial reports released Monday.
BUSINESS
Mar 31, 2004

Companies prepare for launch of securities trading deregulation

If a convenience store in your neighborhood sold securities products, would you drop in to purchase them?
BUSINESS
Mar 20, 2004

Nikko Beans, Monex announce plan to merge

Online brokerages Monex Inc. and Nikko Beans Inc. said Friday they will merge their operations in August to secure an edge in individual securities investment.
BUSINESS
Aug 30, 2003

BTM to launch revival task force for borrowers

The Bank of Tokyo-Mitsubishi will launch a special task force in September to deal exclusively with corporate rehabilitation for some 3,000 troubled borrowers.
BUSINESS
Aug 22, 2003

Chuo Mitsui Trust to close 10% of branch network

Mitsui Trust Holdings Inc. is planning to close seven branches of its subsidiary Chuo Mitsui Trust and Banking Co. in response to a recent order by the Financial Services Agency to improve management, officials at the financial holding company said Thursday.
BUSINESS
Aug 5, 2003

Execs less downbeat over economy after pickup in earnings, share prices

An increasing number of major Japanese businesses are less pessimistic about the economy, as earnings and share prices have started picking up, according to a recent Kyodo News survey of executives at 100 big firms.
BUSINESS
Jul 31, 2003

Major banks pin losses on stockholding declines

Five major banking groups told the Financial Services Agency on Wednesday that they posted losses in fiscal 2002 not because their earnings deteriorated but because their stockholdings bled massive red ink.
BUSINESS
Jul 16, 2003

Banks face FSA order to boost earnings

The Financial Services Agency is preparing to issue an administrative order to five major banking groups that have received public funds but booked net losses for fiscal 2002 to improve their earnings, FSA sources said Tuesday.
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.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
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.
Delta routes new Airbus plane to Tokyo to sidestep Trump tariffs
Delta Air Lines signage on the floor of the New York Stock Exchange in New York on April 9. The airline is flying a new Airbus SE plane through Japan to skirt U.S. import tariffs.
High levels of PFAS found in blood of Osaka factory workers
The levels of a type of "forever chemical" found in seven current and former employees at Daikin Industries' Yodogawa plant in Osaka Prefecture were about 38 times those for nearby residents, according to a survey conducted by a team including Kyoto University.
Could this be Japan’s year at the Kentucky Derby?
Christophe Lemaire rides Admire Daytona, who was bred in Japan, during the UAE Derby at Meydan Racecourse in Dubai on April 5.
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.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
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.
U.S. secretary of the navy weighs ‘dual-use’ shipbuilding with Japan
John Phelan at a Senate confirmation hearing for U.S. secretary of the navy in Washington in February

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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