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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.
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.
Character-crazed Japan has little appetite for Labubu
A pop-up advertisement for the newly opened Chiikawa Park in Tokyo's Ikebukuro neighborhood demonstrates how the country is chockful of cute characters — to the detriment of trends like Labubu.
Are 'coolcations' the answer for Japan's heat-weary tourists?
Hikers on a trail in Hakuba, Nagano Prefecture. As extreme heat continues to grip Japan, a tectonic shift may be underway in the nation’s summer tourism scene as more people gravitate toward cooler destinations.
JICA to designate four Japanese cities as 'hometowns' for African nations
The Japanese flag (left) with the flag of the African Union
Man arrested in Kobe stabbing had been staying at hotel near victim’s home
Masashi Tanimoto arrested on suspicion of murder in connection with the fatal stabbing of a woman in Kobe, is sent to prosecutors on Sunday.
Japanese prefectures break with labor ministry on minimum wage
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
Japanese prefectures break with labor ministry on minimum wage
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
Philippines quietly deepening ‘unofficial’ defense ties with Taiwan
Filipino soldiers take part in a flag-raising ceremony on Mavulis Island during a visit by the Philippines' Armed Forces chief of staff, in Batanes, the Philippines, in June 2023. Batanes, a group of idyllic islands at the country’s northernmost tip, sits about 160 kilometers from Taiwan.
Are 'coolcations' the answer for Japan's heat-weary tourists?
Hikers on a trail in Hakuba, Nagano Prefecture. As extreme heat continues to grip Japan, a tectonic shift may be underway in the nation’s summer tourism scene as more people gravitate toward cooler destinations.
Germany's first sakemaker offers a bold brew of ideas
Reigen, Germany's first sake brewery, makes a diverse, nontraditional range of sake that includes fruit-flavored sips and wine barrel-aged renditions.
Alicia Keys closed Summer Sonic, but J-pop owned it
Summer Sonic’s 2025 lineup demonstrated its strength, showcasing the latest in J-pop, including “new kawaii” act Fruits Zipper.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Alex K.T. Martin

SUSTAINABLE JAPAN

Ishii Iron Works remakes self for workers, new energy
Ishii Iron Works remakes self for workers, new energy

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