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BUSINESS
Sep 26, 2002

Lone maker may emerge from latest chip talks

Mitsubishi Electric Corp. has launched talks to sell its dynamic random access memory chip operations to NEC Corp. and Hitachi Ltd., Mitsubishi officials said Wednesday.
Japan Times
JAPAN / CLOSE NEIGHBORS
Sep 26, 2002

Ailing tourism sector seeking to lure more Asians

ATAMI, Shizuoka Pref. -- Ryuichiro Mori, sales manager at Hotel New Akao, sees one emerging ray of hope for this hot-spring city mired in a long-term slump: a group tourism boom in Taiwan, South Korea and China.
JAPAN
Sep 26, 2002

Publisher to be fined over tax dodge

Shiki Publishing Inc. failed to declare about 290 million yen in income over a three-year period to April 2001 and dodged some 90 million yen in corporate taxes, sources said Wednesday.
BUSINESS
Sep 25, 2002

RCC should buy loans above market value: banker

The head of the Japanese Bankers Association indicated Tuesday that Resolution and Collection Corp., the government's debt collector, should purchase bank loans at above-market prices.
JAPAN
Sep 25, 2002

14% of cell phone ads illegal, DoCoMo says

Roughly 14 percent of bulk e-mail ads received by mobile phones are illegal because they do not indicate they are unsolicited ads, according to a survey by NTT DoCoMo Inc.
BUSINESS
Sep 24, 2002

Construction on a roll in central Tokyo

The newly rebuilt Marunouchi Building symbolizes the huge transformation that is taking place in the hub of corporate business activity in the capital.
EDITORIALS
Sep 23, 2002

The great fire wall of China

Google was gagged. The Chinese government recently blocked access to the popular Internet search engine for several days -- before suddenly reversing course for reasons still unclear -- in an attempt to promote a "healthy atmosphere" in the runup to the November meeting of the Chinese leadership. While...
JAPAN
Sep 22, 2002

Venture to foster e-business pros

Iwao Nakatani, president of Tama University, and more than 20 information technology-related companies have jointly founded an organization to produce professionals versed in electronic business, founders said.
JAPAN
Sep 21, 2002

Panel to boost credibility of meat industry, farm ministry

The farm ministry will set up an advisory panel to consider how to overcome consumer distrust of the meat industry and the ministry itself in the wake of a series of mislabeling frauds, Agriculture, Forestry and Fisheries Minister Tsutomu Takebe said Friday.
BUSINESS
Sep 21, 2002

Nippon Ham takes cleaver to earnings forecasts

Scandal-racked Nippon Meat Packers Inc. said Friday it has sliced its interim and full-year group earnings forecasts for the 2002 business year in response to falling sales and profits in the wake of its involvement in a beef-mislabeling scam.
Japan Times
JAPAN
Sep 18, 2002

Trying to learn from failure suddenly all the rage

Isatsugu Sugahara, president of leading box-lunch caterer Tamagoya Co., runs his fingers across a stained, worn-out calendar, looking for a little circle he drew years ago. His fingers stop at May 12, 1982, the day his life changed forever.
BUSINESS
Sep 17, 2002

Teenagers invited to play trading game

Languishing amid market gloom and slumping stocks, Japanese brokerages are targeting teenagers -- through a stock market game -- in their uphill battle to encourage individuals to invest.
BUSINESS
Sep 17, 2002

Electric toothbrush sales increase as prices decay

Sales of electric toothbrushes are booming in Japan following a significant decline in product prices.
BUSINESS / ANOTHER LOOK
Sep 16, 2002

Outsourcing offers Japan Inc. a viable, new cost-cutting option

Regardless of the size of a company's operations, one of the most pressing issues for management is reduction of costs. With very low economic growth likely to continue for some time and deflation placing pressure on prices in many different industry sectors, management is being called upon to make more...
JAPAN
Sep 14, 2002

Agency named Tepco informant

The Nuclear and Industrial Safety Agency leaked the name of the whistle-blower at Tokyo Electric Power Co. long before the utility's nuclear coverup scandal came to light, according to informed sources.
BUSINESS
Sep 13, 2002

Nippon Yusen to buy overseas firms

Shipping company Nippon Yusen K.K. said Thursday the Nippon Yusen group will purchase two overseas container-handling firms by the end of October in an effort to bolster its international port terminal business.
JAPAN
Sep 13, 2002

Farm ministry files complaints

The farm ministry filed criminal complaints Thursday against the former chiefs of three sales offices of a Nippon Meat Packers Inc. subsidiary on suspicion of defrauding the government out of nearly 10 million yen.
Japan Times
JAPAN / THE OKINAWA FACTOR
Sep 13, 2002

Okinawa's free-trade zones failing to attract companies

GUSHIKAWA, Okinawa Pref. -- The Acrorad Co. factory in Okinawa's Nakagusuku Free Trade Zone looks out on more than 100 hectares of empty lots.
BUSINESS
Sep 12, 2002

Kawasaki Steel to spin off bridge unit

Kawasaki Steel Corp. said Wednesday it will spin off its bridge and steel construction division into a separate company in April.
BUSINESS
Sep 12, 2002

Oval ends tieup with Emerson unit

Oval Corp., which builds flow meters, said Wednesday it has ended its capital alliance with a subsidiary of Emerson Electric Co. of the U.S. by buying all the Oval shares held by the subsidiary.
JAPAN
Sep 11, 2002

Ministry still mystified by BSE outbreak

The source of the mad cow disease outbreak that has thus far claimed five animals remains a mystery and must be determined through further investigation, the farm ministry said Tuesday in a report that sums up its policy responses since the discovery of the first case last September.
JAPAN
Sep 10, 2002

Magazine told to withdraw issue with photos of Aum trial

The Tokyo District Court has demanded that the publisher of a weekly magazine withdraw copies of its latest issue, which carries courtroom photographs of Aum Shinrikyo founder Shoko Asahara, it was learned Monday.
JAPAN
Sep 8, 2002

Tepco put reactors back on line despite reports of over 20 faults

Tokyo Electric Power Co. put reactors at its two nuclear power plants in Fukushima Prefecture back on line this summer without conducting inspections, even after the company received reports of possible problems, informed sources said Saturday.
BUSINESS
Sep 7, 2002

DoCoMo retains No. 1 mobile spot

NTT DoCoMo Inc. retained the top spot in the nation's mobile phone market in terms of net new subscribers in August, the Telecommunications Carriers Association said Friday.
BUSINESS
Sep 7, 2002

Sky PerfecTV scores Serie A rights

Sky Perfect Communications Inc., operator of digital satellite broadcaster Sky PerfecTV, said Friday it has obtained exclusive rights to broadcast Italian Serie A soccer league games.
JAPAN
Sep 6, 2002

Tepco in-house probe reveals division chiefs' coverup role

An internal probe by Tokyo Electric Power Co. has determined that division chiefs ordered at least three coverups of structural problems at Tepco nuclear plants, company sources said Thursday.
BUSINESS
Sep 5, 2002

Tokyo share price slide spells trouble for banks

The tumble in Tokyo share prices to 19-year lows Wednesday is likely to deal a severe blow to the finances of Japanese banks and corporations.
BUSINESS
Sep 5, 2002

Computer server shipments decline record 17.7%

Shipments of computer servers in the April-June quarter in Japan registered record-low growth in both volume and value terms amid prolonged repercussions attributable to the collapse of the information technology bubble, a market research agency said Wednesday night.
BUSINESS
Sep 5, 2002

Avex trims earnings projections

Major record company Avex Inc. said Wednesday it has revised down earnings projections for the year to March 31, 2003, due to slack demand for music software, forcing it to slash its dividend.
BUSINESS
Sep 5, 2002

Mitsui scandals send top brass down the ladder

Trading house Mitsui & Co. said Wednesday its top managers will resign Sept. 30 to take responsibility for successive scandals that have tarnished the firm.

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