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BUSINESS
Sep 13, 2003

Japan Tobacco to shut down six domestic cigarette plants

Japan Tobacco Inc. announced Friday it will close six domestic cigarette factories at the end of March 2005 as part of a restructuring plan unveiled in August.
BUSINESS
Sep 13, 2003

Corporate bankruptcies fell 15.4% in August

The number of corporate bankruptcies in Japan fell 15.4 percent in August from a year earlier to 1,321, Teikoku Databank Ltd. said Friday.
BUSINESS
Sep 11, 2003

KDDI plans to sell PHS unit, focus on au cellular service

KDDI Corp. plans to sell DDI Pocket Inc., its personal handy-phone system unit, company sources said Wednesday.
BUSINESS
Sep 10, 2003

Sompo Japan expands South Korean tieup

Sompo Japan Insurance Inc. said Tuesday it has agreed to expand its tieup with two South Korean nonlife insurers to cover other Asian countries.
BUSINESS
Sep 10, 2003

Mizuho unit to repay 50 billion yen

Mizuho Trust & Banking Co., a member of Mizuho Financial Group Inc., has offered to repay another 50 billion yen portion of the public funds it received in 1998 to replenish its depleted capital base, the state-run Deposit Insurance Corp. said Tuesday.
JAPAN
Sep 10, 2003

Ghosn says in book that being a foreigner is a hindrance

In a book scheduled to hit stores Wednesday, Carlos Ghosn, president and chief executive officer of Nissan Motor Co., says being a foreigner in Japan has not been a benefit.
Japan Times
BUSINESS / FRONT-RUNNERS
Sep 9, 2003

'Yakiniku' chain weathers hike in beef tariff

The fallout from the Aug. 1 tariff increase on beef has not yet reached the nation's largest "yakiniku" grilled-beef restaurant chains.
Japan Times
BUSINESS
Sep 5, 2003

Sony unveils new version of Aibo

Inc. on Thursday unveiled a new version of the robot dog Aibo that is better at recognizing images and moving around.
BUSINESS
Sep 4, 2003

Sony goes tiny with video camera

Inc. said Wednesday it will put the world's smallest and lightest video camera on the domestic market Oct. 18. The 1.07 megapixel DCR-IP1K video camera measures 39 mm in width, 91mm in height and 69mm in length and weighs 230 grams, excluding the battery, said the marketing unit of Sony Corp.
Japan Times
CULTURE / Art
Sep 3, 2003

POLA star shines bright in Hakone

The POLA Museum of Art is celebrating its first anniversary, and its excellent exhibition -- "Paris, City of Artists" -- capitalizes on the museum's fine standing collection, proving just what an asset the POLA is to the the hot-spring resort area of Hakone in Kanagawa Prefecture.
BUSINESS
Aug 27, 2003

Resona Holdings to pare group

Resona Holdings Inc. will reduce the number of its subsidiaries and affiliates to a quarter of the current level, President Eiji Hosoya said Tuesday.
BUSINESS
Aug 23, 2003

Daiei units ordered to pay off loans Kyodo News

The Tokyo District Court on Friday ordered two Fukuoka subsidiaries of struggling retailer Daiei Inc. to repay 1.38 billion yen in overdue loans to a Cayman Islands investment firm.
BUSINESS
Aug 23, 2003

Toyota declares most income for the fourth straight year

Toyota Motor Corp. has retained its spot as the biggest declared income earner in Japan for the fourth straight year, a private research firm said Friday.
BUSINESS
Aug 23, 2003

Japan to wait longer for Power Macs

Apple Computer Inc. said Friday it will postpone the release of what it says are "the world's fastest personal computers" on the Japanese market by one month.
Japan Times
BUSINESS
Aug 23, 2003

Bandai's sword-brandishing robot begets yet another corporate acronym

CEO, COO, CFO and even CSO (chief strategy officer) are part of today's simmering pot of corporate alphabet soup as Japan Inc. increasingly adopts U.S.-style management regimens.
BUSINESS
Aug 22, 2003

Rakuten posts record sales, profit

Internet shopping mall operator Rakuten Inc. said Thursday it posted record group sales and operating profit in the January-June first half of the current fiscal year.
BUSINESS
Aug 22, 2003

Aggressive marketing for antidepressants giving drug companies a lift

With more and more people in Japan complaining of depression, drug companies are enjoying a bonanza in pushing antidepressants.
BUSINESS
Aug 15, 2003

Asian Bond Fund not just a pipe dream

There's little hype. Certainly no fanfare. But quietly and with infinite patience, Asia's economies are hoping to bond together.
COMMENTARY / World
Aug 15, 2003

Baron of porn spills it all

HONG KONG -- His pictures beamed across the nation's television stations and front pages of all of its newspapers from down market tabloids to sober-sided broadsheets: the grin on his face was as wide as a melon and he held, fanlike, a huge wad of currency notes for all the world, like a television game...
BUSINESS
Aug 15, 2003

BTM set to return pension assets

Mitsubishi Tokyo Financial Group Inc. said Thursday that the Bank of Tokyo-Mitsubishi will return the portion of employee pension assets it manages on behalf of the government.
Japan Times
BUSINESS
Aug 14, 2003

Looking for a SARS-free holiday option? Try Alaska

More vacationers are heading for domestic destinations and fewer venturing overseas, in part due to the lingering impact of SARS and a slumping economy.
BUSINESS
Aug 12, 2003

BOJ poised for ABCP purchase

The Bank of Japan said Monday it will buy 50 billion yen worth of asset-backed commercial paper outright Wednesday.
BUSINESS
Aug 12, 2003

Goodwill sees record profit on outsourcing demand

Human-resources firm Goodwill Group Inc. on Monday reported a record group net profit for the year through June, thanks to strong demand for its outsourcing and nursing-care services.
BUSINESS
Aug 8, 2003

Fuji TV posts 9.02 billion yen profit

Fuji Television Network Inc. said Thursday its group net profit in the April-June period came to 9.02 billion yen, or 51.51 percent of its net profit projection of 17.5 billion yen for the full fiscal year ending March 31, 2004.

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