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JAPAN
Jul 24, 2003

Tokio Marine is accused of hiding billions in income

The Tokyo Regional Taxation Bureau has accused Tokio Marine & Fire Insurance Co. of hiding about 4.3 billion yen in income through dealings in earthquake reinsurance transactions, sources said Wednesday.
BUSINESS
Jul 24, 2003

DoCoMo phone has data glitch

NTT DoCoMo Inc.'s newly launched SH505i cell phone has software problems that could lead to the loss of stored game data, a company official said Wednesday.
BUSINESS
Jul 24, 2003

Mos to woo consumers with higher prices

Hamburger chain Mos Food Services Inc. announced Wednesday it will start selling high-price hamburgers in August, signaling a marketing shift in the country's fast-food industry.
BUSINESS
Jul 23, 2003

Mizuho to lure BOJ into buying private risk assets

Mizuho Corporate Bank will sell asset-backed commercial paper worth between 20 billion yen and 30 billion yen to the Bank of Japan, a bank spokesman said Tuesday.
Japan Times
JAPAN
Jul 23, 2003

Top lobby set to restart party donations

The Japan Business Federation (Nippon Keidanren) hopes to restore its political influence by encouraging member firms to pay donations to parties and by evaluating how the parties measure up.
COMMUNITY / How-tos / LIFELINES
Jul 22, 2003

Make space, shock value and J-culture

Family line Karen writes in response to Linda Croissant's question in Lifelines (June 10) about how to get rid of stuff she doesn't want.
COMMENTARY
Jul 21, 2003

Japanese-style management deserves updated appraisal

Japanese-style management was once widely acclaimed as ideal. Since the collapse of the bubble economy, though, it has been discarded as a model for its incompatibility with reform. Now the system is being revaluated, and active debate is going on in the business community on how to adapt it to changing...
BASEBALL / MLB
Jul 20, 2003

Newspaper says Daiei to sell Hawks

Struggling retailer Daiei Inc. and its main creditor UFJ Bank have decided to sell Daiei's professional baseball club, the Fukuoka Daiei Hawks, as well as two other businesses in Fukuoka, a major newspaper said Saturday.
BASEBALL / MLB
Jul 20, 2003

Fighters add to Lions' misery

Angel Echevarria homered twice and Michihiro Ogasawara also went deep as the Nippon Ham Fighters won their third straight and sent the Seibu Lions to a season-worst fifth loss in a row in a 4-2 victory in the Pacific League on Saturday.
CULTURE / Books / THE ASIAN BOOKSHELF
Jul 20, 2003

Summer suspense and nuclear intrigue

PROJECT KAISEI, by Michiro Naito. Indiana: 1stBooks Library, 2003, 321 pp., $19.95 (paper). THE INUGAMI CLAN, by Seishi Yokomizo, translated by Yumiko Yamazaki. Tuttle Shokai Inc., 2003, 300 pp., $14.95 (paper). Unless the dire warnings of electric power shortages that were raised earlier this summer...
Japan Times
JAPAN
Jul 19, 2003

English class flexes the ear muscles

Many people in Japan blame the education system for their inability to communicate well in English, even though they have studied the language for years in school.
Japan Times
BUSINESS
Jul 18, 2003

Foreign banks excel in lending with measure of risk, realism

Reiko Kinoshita, senior vice president of Tokyo Star Bank's principal finance division, doesn't mince words. Neither she nor her clients have the time.
BUSINESS
Jul 17, 2003

Market rally aids online brokers' quarterly earnings

Online brokerage houses Monex Inc. and kabu.com Securities Co. said Wednesday their first-quarter earnings surged in line with an increase in trading volume among individual investors following the recent stock market rally.
Japan Times
BUSINESS
Jul 16, 2003

Trendy avatars give Net users new way to impress -- and spend

"Avatar" has become the latest buzz word in the Net world, with major providers and portals launching new Web sites in their search for fresh revenue sources.
Japan Times
BUSINESS
Jul 15, 2003

Poweredcom seeks to boost its Net content

Poweredcom Inc., a telecommunications firm affiliated with Tokyo Electric Power Co., is seeking tieups with Internet content providers to improve the quality of its Net services, its president said in a recent interview with Kyodo News.
BUSINESS
Jul 15, 2003

Corporate bankruptcies down but figure makes postwar top 10

The number of corporate bankruptcies in the January-June period dropped 9 percent from a year earlier to 8,984, but it was the eighth highest since the end of World War II for a calendar first half, Teikoku Databank Ltd. said Monday.
JAPAN
Jul 13, 2003

Vodafone, Ripplewood sign Japan Telecom deal

British mobile phone giant Vodafone Group PLC reached a final accord Saturday on the sale of its fixed-line subsidiary, Japan Telecom Co., to U.S. investment fund Ripplewood Holdings LLC for about 260 billion yen, company sources said.
Japan Times
COMMUNITY
Jul 13, 2003

Opportunity knocks for women in Japan's climate of change

With the days of the Asian Tigers long gone, and Japan Inc. now more of a pussy cat gone belly up, the talk is no longer about the world's second-biggest economy taking over the world, but about the profound structural changes that will be necessary just to keep it afloat.
Japan Times
CULTURE / Music
Jul 13, 2003

Classical rarities prove to be a hit

The maestros of the world generally conduct the music of others, but a Japanese record label has scored a minor hit with a CD of piano pieces that conductors themselves composed.
BUSINESS
Jul 10, 2003

Shiokawa, Fukui unworried by interest-rate hike

Finance Minister Masajuro Shiokawa and Bank of Japan Gov. Toshihiko Fukui have agreed not to worry over the recent rise in long-term interest rates.
BUSINESS
Jul 5, 2003

Digital camcorder standard near

Sony Corp., Canon Inc., Victor Co. of Japan Ltd. and Sharp Corp. have come up with a basic concept for a common standard for high-definition digital camcorders.
JAPAN
Jul 3, 2003

Cigarette labels to carry stronger health warnings

In the first revision of cigarette warning labels in 14 years, Japanese tobacco companies will be required to state the dangers of smoking more clearly on their packaging, government officials said Wednesday.
BUSINESS
Jul 2, 2003

FSA accused of strong-arm tactics

The Financial Services Agency exerted improper pressure early last year on Tokio Marine & Fire Insurance Co. to consolidate with Asahi Mutual Life Insurance Co., a Democratic Party of Japan member said Tuesday.
JAPAN
Jun 27, 2003

High court eyed for intellectual property

Amid prolonged civil lawsuits over intellectual property such as patents, Japan is studying the creation of a high court devoted exclusively to dealing with such litigation more quickly.
BUSINESS
Jun 27, 2003

Revival body chief claims applications are flooding in

More than 20 pairs of banks and borrower firms of varying sizes have applied for help from the Industrial Revitalization Corp. of Japan, IRCJ Chief Operating Officer Kazuhiko Toyama said Thursday.
BUSINESS
Jun 26, 2003

U.S. firm to acquire Japan's GE Edison

Major U.S. insurance company American International Group Inc. has reached a basic agreement to acquire GE Edison Life Insurance Co., a Japanese life insurance unit of the General Electric group, it was learned 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