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BUSINESS
May 16, 2003

Mizuho action won't affect ratings

Standard & Poor's said Thursday that Mizuho Financial Group Inc.'s new corporate revitalization project will improve the soundness of the group's loan portfolio but will not trigger any immediate ratings action on its subsidiary banks.
BUSINESS
May 15, 2003

Takara learns how to spin big profits

Takara Co. on Wednesday reported better-than-expected results for fiscal 2002, thanks to strong overseas sales of its modern-day gizmos, like turbocharged tops.
BUSINESS
May 14, 2003

NTT back in the black but sales on the slide

NTT Corp. on Tuesday reported a consolidated net profit of 233.36 billion yen for the business year to March 31, marking a dramatic turnaround from its 834.67 billion yen group net loss in fiscal 2001.
BUSINESS
May 13, 2003

IC tags may displace book bar codes

Publishers and bookstores are considering replacing bar codes on books with ultra-thin integrated circuits combined with flat antennas, called IC tags, to prevent shoplifting and facilitate market research.
BUSINESS
May 10, 2003

Softbank posts second net loss

Softbank Corp. said Friday its group net loss worsened in the year through March 31 due to hefty outlays to attract new subscribers to its broadband Internet service.
BUSINESS
May 10, 2003

DBJ eyes stake in Mizuho venture

The governmental Development Bank of Japan plans to take a stake in a joint venture that Mizuho Financial Group Inc. wants to form by July to help rehabilitate troubled corporate borrowers, sources said Friday.
BUSINESS
May 9, 2003

JT net profit more than doubles

Japan Tobacco Inc. said Thursday its group net profit for the fiscal year that ended March 31 leaped 104.3 percent from the previous year to 75.3 billion yen due to improved profitability on the back of cost cuts and higher sales of its flagship brands.
Japan Times
BUSINESS
May 9, 2003

Camera-phones help DoCoMo to post solid profit

NTT DoCoMo Inc., the nation's top mobile phone firm, said Thursday it posted a group net profit of 212.49 billion yen for the year through March, thanks to strong growth stimulated by camera-equipped handsets.
BUSINESS
May 8, 2003

Shiseido shoots back to black, record earnings

Shiseido Co. not only returned to profitability for the first time in three years in fiscal 2002 but also logged record earnings thanks to strong overseas sales and cost-cutting efforts, the company said Wednesday.
Japan Times
JAPAN / Politics
May 8, 2003

Watanabe his own man -- but honors father's role

Liberal Democratic Party lawmaker Yoshimi Watanabe is an exception to the rule when it comes to discussing his political roots.
BUSINESS
May 8, 2003

Prudential sells securities subsidiary

Prudential Financial Inc. has withdrawn from Japan's retail securities business, selling its subsidiary, Prudential Financial Advisors Securities Co., company sources said Wednesday.
Japan Times
LIFE / Digital / NAME OF THE GAME
May 8, 2003

Sony's own silver lining

With all of the big games that have come out lately, it's hard to keep up.
BUSINESS
May 2, 2003

Namco sets deadline for Sega answer on merger

Video game maker Namco Ltd. said Thursday that rival Sega Corp. has until May 9 to make a decision on a merger proposal submitted by Namco.
BUSINESS
May 2, 2003

Dentsu forms e-content joint venture

Advertising agency Dentsu Inc. said Thursday it has established a joint venture with Toyota Motor Corp. and Sony Corp. to procure and supply music and digital content to various multimedia terminals.
BUSINESS
May 2, 2003

Millea forced to downgrade fiscal 2002 profit forecast

Millea Holdings Inc., which groups Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co., said Thursday it has revised downward its group profit forecast for fiscal 2002.
Japan Times
BUSINESS
May 1, 2003

Flailing Japanese companies, government turn to U.S. recovery 'guru'

Japan, still struggling to find a way out of its bad-loan quagmire, is looking for salvation from a "guru" credited with turning around whole sectors of U.S. industry.
BUSINESS
May 1, 2003

Canon first-quarter profit up 126%

Canon Inc. announced Wednesday that its consolidated net profit for the first quarter of 2003 jumped 126.2 percent from a year before to a quarterly record of 71.6 billion yen, due to brisk sales of digital cameras and cost-cutting measures.
BUSINESS
Apr 29, 2003

Little light seen at end of job search

Job prospects for those leaving universities next spring appear nearly unchanged from this year, according to a Kyodo News poll.
BUSINESS
Apr 25, 2003

Sony group profit soars sevenfold

Sony Corp. said Thursday its group net profit in fiscal 2002 skyrocketed to 115.52 billion yen -- more than 7.5 times its 15.3 billion yen profit the previous year -- on strong movie sales and cost cutting.
JAPAN
Apr 23, 2003

Events slated to promote studying English abroad

Two events of interest to anyone studying English -- Language Fair (Ryugaku Expo) 2003 and Study USA 2003 -- will take place next month at four locations around Japan, according to organizers.
Japan Times
BUSINESS
Apr 23, 2003

Smaller electronics stores use personal touch to keep retail giants at bay

Hiroshi Fujita was shocked two years ago to learn that a large electronics chain store would open across the street from his small shop in Tokyo's Meguro Ward.
BUSINESS
Apr 22, 2003

Convenience store sales drop 3.1%

Convenience store sales dropped 3.1 percent in March on a same-store, year-on-year basis, the Japan Franchise Association said Monday.
BUSINESS
Apr 22, 2003

Tokio Marine to acquire capital stake in new Shanghai-based life insurer

Tokio Marine & Fire Insurance Co. is finalizing a plan to take a capital stake in Shanghai-based Sino Life Insurance Co., which will begin operating this fall, company officials said Monday.
BUSINESS
Apr 22, 2003

Sony unveils huge chip investment plan

Sony Corp. said Monday its group will invest 200 billion yen through March 2006 to produce cutting-edge semiconductors being jointly developed by IBM Corp. and Toshiba Corp.
BUSINESS
Apr 19, 2003

Genome breakthrough prompts scramble in pharmaceutical sector

With the task of unscrambling the human genome complete, Japanese pharmaceutical companies are trying to produce new medicines to fight diseases for which effective drugs don't yet exist.
BUSINESS
Apr 18, 2003

Sky Perfect looks to wipe out losses

Sky Perfect Communications Inc. said Thursday it may eliminate all of its accumulated losses, which stand at some 120 billion yen, by the end of March 2004.
BUSINESS
Apr 17, 2003

Mitsubishi to outsource LCD output

Mitsubishi Electric Corp. plans to outsource production of large liquid crystal displays to leading Taiwan LCD maker Chunghwa Picture Tubes Ltd. beginning this summer, Mitsubishi officials said Wednesday.
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.
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.
Japan worries Trump tariffs will push countries toward China
Liberal Democratic Party Policy Chief Itsunori Onodera (center) speaks at a think tank event Monday in Washington.
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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