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BUSINESS
Nov 20, 2003

JSDA to convert Jasdaq into full-scale exchange

The Japan Securities Dealers Association decided Wednesday to convert its Jasdaq over-the-counter stock market into a full-scale exchange as defined by the Securities and Exchange Law.
BUSINESS
Nov 18, 2003

Toray's Maeda to resign in June

Katsunosuke Maeda, the chairman and CEO who boosted Toray Industries Inc.'s earnings in the midst of an industry decline, said Monday he will step down from both posts in June.
BUSINESS
Nov 18, 2003

Dentsu profit plunged in first half

Dentsu Inc. said Monday its group net profit in the fiscal first half fell 76.6 percent from a year earlier to 6.80 billion yen.
Japan Times
JAPAN
Nov 16, 2003

Mizuho Financial to sell off head offices

Mizuho Financial Group Inc. plans to sell the three former headquarters of the banks it was merged from, Fuji Bank, Dai-Ichi Kangyo Bank and the Industrial Bank of Japan, according to sources close to the company.
BUSINESS
Nov 15, 2003

Resona forecasts huge full-year loss

Bailed-out banking group Resona Holdings Inc. said Friday it expects a group net loss of 1.71 trillion yen for the year to March 31, reversing its June estimate of a 63.5 billion yen profit.
BUSINESS
Nov 14, 2003

Ashikaga Financial bailout denied

The government denied a news report Thursday that the Financial Services Agency is considering injecting public funds into regional bank Ashikaga Financial Group Inc.
BUSINESS
Nov 14, 2003

NEC seeks cancer diagnosis system

NEC Corp. and its subsidiary NEC Soft Ltd. said Thursday they have reached an agreement with U.S. venture LifeSpanBioscience Inc. to develop a system to help diagnose cancer.
Japan Times
LIFE / Travel
Nov 14, 2003

Letting the plane take the strain

There can be fewer more ostentatious trappings of wealth than a private jet. However, the perception of such aircraft as mere playthings of the rich and famous has tended to detract from their more mundane role as effective, hassle-reducing business tools.
Japan Times
JAPAN
Nov 13, 2003

East Tokyo welcomes artists in bid to revitalize historic district

When woodblock print master Ando Hiroshige created his famed "One Hundred Views of Edo," the eastern part of the capital was a bustling commercial and cultural hub.
BUSINESS
Nov 12, 2003

Resona seeks profits via new plan

Resona Holdings Inc. aims to swing back into the black in fiscal 2004 under a new two-year business improvement plan that will be unveiled soon, company sources said Tuesday.
BUSINESS
Nov 11, 2003

Planned bank edges toward fruition

The planned Nippon Industrial Bank, which will specialize in extending loans to small and midsize businesses, was granted a preliminary license from the Financial Services Agency on Oct. 31 to open in April, planners said Monday.
Japan Times
JAPAN / ELECTION 2003
Nov 11, 2003

Scandal-tainted politicos ousted

The results of Sunday's election may have left a bitter taste in the mouths of some of the nation's big names.
BUSINESS
Nov 11, 2003

JDC, Pony Canyon eye movie rights

Japan Digital Contents Inc. has come up with a new way to acquire Hollywood movie copyrights.
BUSINESS
Nov 8, 2003

Toray net profit explodes 754.6%

Toray Industries Inc. said Friday its group net profit for the six months to Sept. 30 soared 754.6 percent from a year earlier to 10.95 billion yen, due to aggressive structural reforms and the solid performance of its core textile business.
Japan Times
BUSINESS
Nov 6, 2003

Durex gears for Japan condom market beachhead

Japan's condom market, which has remained virgin territory for outsiders for a long time, may be in for an Earth-moving change with the recent entry of the world's largest brand.
BUSINESS
Nov 6, 2003

Dell to become No. 3 PC supplier

Dell Computer Corp. of the United States appears likely to surpass Sony Corp. as the third-largest supplier of personal computers in Japan in fiscal 2003, becoming the first foreign firm to make the top three since fiscal 2000, according to a private market research institute.
BUSINESS
Nov 6, 2003

Merit-based pay takes effect at Hitachi in April

Hitachi Ltd. will introduce a merit-based pay system for all employees in April, company officials said Wednesday.
BUSINESS
Nov 6, 2003

DoCoMo offers antispam measure

NTT DoCoMo Inc. said Wednesday that users of its i-mode mobile phone services will be able to automatically reject e-mail from any i-mode handset that sends 200 or more messages per day.
BUSINESS
Nov 6, 2003

Power Rangers help Bandai post 5.3% profit increase

Bandai Co., Japan's leading toy maker, on Wednesday reported a 5.3 percent increase in operating profit for the first half, boosted by its Power Rangers and Mobile Suit Gundam products.
BUSINESS
Nov 5, 2003

Sale brings Daiei 40 billion yen windfall

Daiei Inc. said Tuesday it made more than 40 billion yen in revenue from an eight-day nationwide sale commemorating the Daiei Hawks winning the Japan Series baseball championship.
BUSINESS
Nov 5, 2003

Price-fixing costs Mitsui $53 million

Mitsui & Co. and two of its U.S. subsidiaries have agreed to pay a combined $53 million (about 5.8 billion yen) to settle a class-action lawsuit in the United States over suspected vitamin price-fixing, Mitsui said Tuesday.
BUSINESS
Nov 3, 2003

Digital broadcasts to kick off Dec. 1

Terrestrial digital broadcasting, a new service most Japanese know little about, will begin in some areas of Tokyo, Osaka and Nagoya on Dec. 1.
JAPAN
Nov 1, 2003

LDP still spells state largess to rural voters

HONJO, Akita Pref. -- Gigantic pillars soar toward the sky in a mountainous area 7 km north of the city of Honjo in southern Akita Prefecture, symbolizing the power of Kanezo Muraoka.
BUSINESS
Oct 31, 2003

KDDI profit up 320% to 86 billion yen

KDDI Corp. said Thursday its group net profit for the first half soared 320 percent from a year earlier to 85.86 billion yen.
BUSINESS
Oct 31, 2003

Nomura's pretax profit soars 292%

Nomura Holdings Inc. said Thursday its group pretax profit for the fiscal first half soared 291.9 percent from a year earlier to 159.25 billion yen, due chiefly to the robust stock market.
BUSINESS
Oct 31, 2003

DoCoMo operating profit slides

NTT DoCoMo Inc. said Thursday its operating profit for the fiscal first half fell 7.8 percent due to the heavy cost of incentives paid to handset vendors.
BUSINESS
Oct 31, 2003

Poweredcom to buy stake in IP telephony provider

Poweredcom Inc., an affiliate of Tokyo Electric Power Co., will take a stake in major Internet Protocol telephony provider Fusion Communications Corp. with an eye toward integrating telephone operations in the future, it said Thursday.
BUSINESS
Oct 30, 2003

Widespread risk-hedging seen limiting short-term menace of rising yen

A strong yen is not good news for Japanese export-driven companies. But the impact of the yen's recent surge against the dollar to three-year highs is expected to be limited for now since firms have hedged the currency risk, economists and major manufacturers said.
BUSINESS
Oct 29, 2003

Yahoo Japan debuts on first section

Yahoo Japan Corp., the nation's leading Internet portal site operator, drew a tepid response from investors when it debuted Tuesday on the Tokyo Stock Exchange, ending the day at 1.57 million yen after opening at 1.65 million yen.

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