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May 01, 2025
 

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BUSINESS
Apr 17, 2003

Fuji Heavy, Saab plan car together

Fuji Heavy Industries Ltd. and Saab Automobile AB of Sweden said Wednesday they will collaborate on the development of a new Saab vehicle and on the distribution of Saab vehicles in Japan.
Japan Times
BUSINESS
Apr 16, 2003

Ripplewood's Collins says he's ready to work with IRC

The head of U.S. investment fund Ripplewood Holdings LLC has said the company is ready to work with the Industrial Revitalization Corp., which will begin operations in early May, to help troubled Japanese firms.
BUSINESS
Apr 16, 2003

Lawson's profit plunges 45% on outlet closures

Lawson Inc., Japan's No. 2 convenience store chain, said Tuesday its group net profit for the year through February plunged 45 percent to 8.86 billion yen due to closures of unprofitable stores.
Japan Times
BUSINESS
Apr 15, 2003

IRC officials try to play down hardline image

It has a nickname that would turn most customers off.
BUSINESS
Apr 12, 2003

Bonuses are still shrinking but at a slower rate

Summer bonuses this year are expected to average 407,900 yen, a 1.2 percent fall from last year, UFJ Institute Ltd. said Thursday.
BUSINESS
Apr 11, 2003

Cerebrus set to win Aozora sweepstakes

The Cerberus Group has entered final negotiations with Softbank Corp. to buy, along with another U.S. investment fund, all of its Aozora Bank shares, sources close to the deal said Thursday.
JAPAN
Apr 11, 2003

Bank plans women-only home loan

Chuo Mitsui Trust & Banking Co. will launch on Wednesday a housing loan exclusively for women, featuring a special discount in interest rates when a recipient gives birth.
BUSINESS
Apr 10, 2003

Aozora Bank slapped with reprimand

Aozora Bank has been reprimanded by the Financial Services Agency for giving information on its customers to its major shareholder, Cerberus Group, a U.S. investment fund bidding for greater control of the bank, FSA officials said Wednesday.
BUSINESS
Apr 9, 2003

Pasona, Randstad forge alliance

Staffing agency Pasona Inc. said Tuesday it has launched joint marketing activities with Randstad Holding N.V. of the Netherlands to provide multinational clients with a global network.
BUSINESS
Apr 8, 2003

Post offices to aid in recycling PCs

Personal computer makers and the public postal corporation will join hands to recycle PCs starting Oct. 1, an industry group said Monday.
BUSINESS
Apr 8, 2003

Matsushita expects 23.5 billion yen loss for fiscal '02

Joining a growing list of companies hit by plummeting bank shares, Matsushita Electric Industrial Co. said Monday it expects to report a group net loss of 23.5 billion yen for the fiscal year that ended March 31.
COMMUNITY / Issues / THE ZEIT GIST
Apr 8, 2003

Society fiddles as young get burned

The vernacular media frequently goes tsk-tsk over crimes by juveniles. These days, people's concerns tend to be reflected through two terms: "kyoaku-ka" and "teinenrei-ka," which refer, respectively, to more violent crimes by increasingly younger perpetrators
BUSINESS
Apr 5, 2003

IRC execs implore banks to sell bad loans

Newly appointed executives of the government's planned industrial revival body delivered a zealous sales pitch Friday, urging banks to sell to the entity loans extended to debt-laden firms as soon as possible.
BUSINESS
Apr 5, 2003

Sumitomo Mitsui expects 470 billion yen loss

Sumitomo Mitsui Financial Group Inc. said Friday it has cut its group earnings forecast for fiscal 2002 due to much larger losses in its securities holdings and bad loans.
BUSINESS
Apr 5, 2003

Asahi Mutual freezes dividend payouts

Asahi Mutual Life Insurance Co. will suspend dividend payments on group insurance policies for corporate clients due to declines in capital from large unrealized losses on stockholdings, company officials said Friday.
BUSINESS
Apr 5, 2003

Nationalization guidelines said lacking teeth, conviction

The Financial Services Agency on Friday published an elaborate set of criteria outlining when and how the government can nationalize a bank, but some analysts called the guidelines useless, pointing out that banks will find legal ways to make ends meet and that the FSA is clearly reluctant to follow...
BUSINESS
Apr 5, 2003

Walt Disney gets set to broadcast in Japan

Walt Disney Co. will enter the Japanese broadcast business later this year, sources at the Japanese unit of the U.S. entertainment and media giant said Friday.
BUSINESS
Apr 4, 2003

Kumagai to integrate with Tobishima

Ailing construction firm Kumagai Gumi Co. is planning to integrate operations with Tobishima Corp. next April under a revamped restructuring program in which it will spin off its loss-making real estate business into a new company, sources said Thursday.
BUSINESS
Apr 3, 2003

Expert in resuscitating ailing firms to head IRC

The government has nominated Kazuhiko Toyama -- known as an expert in turning around apparently hopeless businesses -- as chief operating officer of a state-backed corporation given the task of doing just that.
JAPAN
Apr 3, 2003

FTC fines firms over cartel formation

The Fair Trade Commission has ordered three petrochemical firms to pay a total of 2.04 billion yen in fines for forming a polypropylene price cartel in 2000, FTC officials said Wednesday.
BUSINESS
Apr 3, 2003

Mizuho to speed up branch mergers

Mizuho Bank will accelerate the consolidation of its branches this fiscal year, bank sources said Wednesday.
BUSINESS
Apr 2, 2003

Mitsubishi Electric hit by share falls

Mitsubishi Electric Corp. said Tuesday its group net profit for the 2002 business year, which ended Monday, was wiped out by the plummeting prices of bank shares.
BUSINESS
Apr 2, 2003

Fujitsu, AMD to meld flash-memory divisions

Fujitsu Ltd. and U.S. chip maker Advanced Micro Devices Inc. have agreed to integrate their flash-memory operations under a joint venture to create the world's second-largest manufacturer of such devices.
BUSINESS
Apr 1, 2003

Chemical giants scrap plans for October tieup

Sumitomo Chemical Co. and Mitsui Chemicals Inc. said Monday they have agreed to scrap plans to integrate their operations under a holding company.
JAPAN
Apr 1, 2003

New correctional reform panel launched

Justice Minister Mayumi Moriyama announced Monday the inauguration of a special panel tasked with discussing correctional reform.
BUSINESS
Mar 29, 2003

Millea Insurance companies finally announce merger

After a series of false starts, the companies of the Millea Insurance Group on Friday officially announced their merger, which will take place in October 2004.
BUSINESS
Mar 29, 2003

McDonald's Holdings flips top manager posts

said Friday that managers from its U.S. parent now hold two of the top three positions on its board, signaling a shift in the power dynamics at the country's largest fast food chain. The shakeup, approved at a general shareholders' meeting, comes in the wake of the announcement this month that founder...
JAPAN
Mar 29, 2003

'Dick Tracy' wristwatch phone on the way

NTT DoCoMo Inc. will soon start selling a Dick Tracy-style mobile phone that's wearable like a wristwatch and snaps off to become a regular handset.
BUSINESS
Mar 28, 2003

Firms told to return state subsidies

The Ministry of Economy, Trade and Industry said Thursday it has ordered three companies to return fraudulently obtained government subsidies.
Japan unveils new overtourism countermeasures
The majority of tourists in Japan tend to stay in Tokyo, Osaka or Kyoto, resulting in overcrowding in popular tourist spots and a strain on transportation systems.
South Korea couple beat same-sex barriers to parenthood
South Korean lesbian couple Kim Kyu-jin (left) and her wife, Kim Sae-yeon, pose with a "pregnant woman" badge during an interview in Seoul last month.
Toyoko Kids: The lonely street children of Tokyo
Many young people who feel neglected at home flock to the Toyoko area to find a community where they can fit in.
Opportunities await the bold in the Year of the Wood Dragon
2024 marks the Year of the Dragon in the Chinese zodiac, with the year predicted to be a good time for fresh starts.
Don’t worry about global population collapse
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
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

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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