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May 01, 2025
 

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JAPAN
Jun 5, 2003

Japanese hemophiliacs invited to join U.S. suit over tainted-blood sales

LOS ANGELES -- A class action lawsuit was filed in a San Francisco federal court Monday on behalf of 15 European hemophiliacs suing seven firms, including a subsidiary of Mitsubishi Pharma Corp., for selling contaminated blood products that exposed them to HIV and hepatitis C, their lawyer said Tuesday....
BUSINESS
Jun 5, 2003

Memo suggests FSA horseplay

Opposition lawmakers on Wednesday revealed what they claim is a letter and an internal memo from a Resona group whistle-blower suggesting that the Financial Services Agency pressured Resona to window-dress its capital adequacy ratio to prevent its insolvency from surfacing.
Japan Times
BUSINESS
Jun 5, 2003

Sogo, Seibu launch united gift campaign

Sogo Co. and Seibu Department Stores Ltd., which integrated their operations Sunday under the holding company Millennium Retailing Inc., officially kicked off summer gift campaigns Wednesday.
BUSINESS
Jun 3, 2003

Honda wins scooter lawsuit in China

Honda Motor Co. has won a lawsuit in Beijing against the Chinese government to restore the Japanese automaker's motor scooter design patent, a company spokeswoman said Monday.
BUSINESS
May 30, 2003

Nonlife insurers boost Millea group profits

Millea Holdings Inc., which controls nonlife insurers Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co., on Thursday reported a group net profit of 56.62 billion yen for the year through March 31.
BUSINESS
May 30, 2003

Resona Holdings suffers 549.4 billion yen latent loss

Resona Holdings Inc. has incurred a 549.4 billion yen latent loss on the preferred shares it issued through the previous round of public fund injections, a senior government official said Thursday.
BUSINESS
May 29, 2003

Defect found in FOMA cell phones

NTT DoCoMo Inc. will repair free of charge two of its FOMA mobile phone models on demand due to a software defect, company officials said Wednesday.
BUSINESS
May 29, 2003

Aozora sheds bad loans, ups profit

Aozora Bank said Wednesday it posted a group net profit of 23.4 billion yen in fiscal 2002, up 25 percent from the previous year, by shedding many bad loans from its portfolio and increasing its loans to good borrowers.
BUSINESS
May 29, 2003

Sony unveils massive restructuring plans

Sony Corp. said Wednesday it will place more emphasis on flat TVs and DVD recorders and spend 300 billion yen on a massive restructuring drive over the next three years.
BUSINESS
May 28, 2003

No retirement bonus for Seibu execs

Seibu Department Stores Ltd., set to integrate operations with the Sogo retail group next month, will not pay retirement bonuses to Chairman Kotaro Matsumoto and seven other departing top executives, company officials said Tuesday.
BUSINESS
May 28, 2003

Takenaka salutes bad-loan disposal efforts

Financial Services Minister Heizo Takenaka on Tuesday hailed efforts by major banks to dispose of bad loans in the year that ended March 31.
Japan Times
BUSINESS / FRONT-RUNNERS
May 27, 2003

Toilet manufacturer plucks success from depths of despair

Failure is but a stepping stone to success. The proverb rang dramatically true in the process of developing a new product at Toto Ltd., the major toilet manufacturer based in Fukuoka Prefecture.
COMMUNITY / How-tos / LIFELINES
May 27, 2003

Painless driving instruction and a move to Japan

More on DIY trading "Gaijin" writes that further to my answer to Wilma Jay (Lifelines; April 29), there are around 60 Internet brokers through which she could do day trading. (Gaijin himself/herself makes a living through trading).
BUSINESS / JAPANESE PERSPECTIVES
May 26, 2003

Floating ABCPs on open market could repair interest rate gap

On May 17, the finance ministers of the world's major powers gathered in Deauville, France as part of efforts to set the stage for the annual Group of Eight summit in Evian. A statement adopted at the meeting urged Japan to pursue structural reforms in its financial and corporate sectors and overcome...
EDITORIALS
May 25, 2003

Auguries in a coffee cup

Eight years ago, there was no such thing as a Starbucks coffee shop in Japan. Now they are part of the landscape; in the big cities, you can often find two or three of the ubiquitous stores with the round green logo within a couple of blocks of each other. That might sound like the ultimate definition...
Japan Times
BUSINESS
May 24, 2003

Jury out on new bank's prospects

A new bank proposed by the Tokyo Metropolitan Government appears to be good news for struggling smaller companies.
BUSINESS
May 23, 2003

JFE's profit better than expected

JFE Holdings Inc., created last September by the integration of NKK Corp. and Kawasaki Steel Corp., has reported a group net profit of 15.95 billion yen for the year through March 31.
BUSINESS
May 23, 2003

Resona group to undergo FSA inspection

An emergency inspection into Resona Bank and its parent company will take place in June in connection with the government's decision to inject public funds into the bank, agency officials said Thursday.
BUSINESS
May 22, 2003

Arcades boost Namco's profits

Game maker Namco Ltd. said Wednesday that its group net profit more than doubled in fiscal 2002, thanks to the strong performance of its domestic amusement arcades.
BUSINESS
May 22, 2003

Japan Times chief to head IAA

The Japan Chapter of the International Advertising Association has appointed Toshiaki Ogasawara, publisher of The Japan Times, as its new president.
BUSINESS
May 22, 2003

World Cup lifts Sky Perfect revenue

Sky Perfect Communications Inc. said Wednesday its consolidated revenue soared 18.4 percent to a record 70.37 billion yen in fiscal 2002.
BUSINESS
May 22, 2003

Sluggish ad sales dent Fuji TV profit

Fuji Television Network Inc. said Wednesday its group net profit for fiscal 2002 fell 14.4 percent from the previous year to 14.82 billion yen.
BUSINESS
May 22, 2003

Wowow returns to profitability

Satellite broadcaster Wowow Inc. said Wednesday it climbed back into the black in fiscal 2002 due to a sharp reduction in promotional costs.
ENVIRONMENT / OUR PLANET EARTH
May 22, 2003

Corporate values ignore the bottom line

With all the scandals swirling around U.S. corporations, public respect for CEOs has plunged and, as a lawyer, I can empathize. Stories about sleazy lawyers chasing after ambulances still bring color to my cheeks, so I understand what it's like to work in a profession that is equated with sharks and...
BUSINESS
May 20, 2003

Banking selloff prompts further slide on the Tokyo Stock Exchange

Tokyo stocks fell for a third straight session Monday, with the key Nikkei average briefly dipping below the 8,000 line amid a banking sector selloff.
COMMENTARY / THE VIEW FROM MOSCOW
May 20, 2003

Iraqi revival will cost Russia

MOSCOW -- It is a commonplace to say the war in Iraq was not only about former Iraqi leader Saddam Hussein but also about oil. No matter how dangerous Hussein's regime was and how badly the White House needed an impressive victory for the 2004 elections, oil -- as today's key commodity -- was very much...
BUSINESS
May 20, 2003

Business as usual at Resona branches

Operations continued as usual at Resona group banks Monday, the first day of business following the government's decision to inject the capital-starved banking group with public funds.
BUSINESS
May 17, 2003

Corporate responsibility in spotlight

If you make up the rules, you've got an excellent chance of winning the game.
BUSINESS
May 16, 2003

J-Pop helps Columbia Music out of seven years of red ink

Columbia Music Entertainment Inc., reviving itself under Ripplewood Holdings LLC, reported Thursday its first profit in seven years on a group operating basis.
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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