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August 26, 2025
 

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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.
Japan Times
CULTURE / Music
Sep 4, 2002

No fear of flying

"There's no such thing as improvisation," the Grateful Dead's Jerry Garcia once said. "There's only composition. Only you do it quickly; you're composing on the spot."
JAPAN
Sep 3, 2002

Tepco chairman, president announce resignations over nuclear coverups

Tokyo Electric Power Co. said Monday that President Nobuya Minami and Chairman Hiroshi Araki will resign over reported coverups of damage at the utility's nuclear power plants.
BUSINESS
Sep 3, 2002

Zero-interest account plan poised to solve nothing

Banks don't want it. Most depositors don't need it. Many politicians oppose it. A compromise plan financial regulators are preparing is supposed to appease critics, help save the nation's weakest banks, and protect one of the key reform pledges of Prime Minister Junichiro Koizumi. It may accomplish none...
BASEBALL / MLB
Sep 3, 2002

Kobayashi matches Sasaki's record

Kosuke Kato combined with two pitchers on a three-hitter and Masahide Kobayashi matched a Japanese record of 22 consecutive "save points" in the Lotte Marines' 3-2 victory over the Kintetsu Buffaloes on Monday.
JAPAN
Sep 1, 2002

Tepco executives to quit over atomic plant scandal

The president and chairman of Tokyo Electric Power Company are likely to step down to take responsibility for a scandal involving false reports on inspections and repairs at the company's nuclear power plants, sources said Saturday.
JAPAN
Aug 31, 2002

Koizumi, Hiranuma blast Tepco over alleged nuclear-hazard coverup

Prime Minister Junichiro Koizumi slammed Tokyo Electric Power Co. on Friday for allegedly falsifying reports on problems discovered at its nuclear plants.
BUSINESS
Aug 30, 2002

Moody's cuts heavy industry firms

Moody's Investors Service Inc. said Thursday it has downgraded its long-term debt ratings of Mitsubishi Heavy Industries Ltd. and Ishikawajima-Harima Heavy Industries Co. in response to Japan's economic slump and severe competition abroad.
BUSINESS
Aug 29, 2002

Fitch leaves ratings of 10 major Japanese banks unchanged

Fitch Ratings said Tuesday it has left unchanged the credit ratings of 10 Japanese banks, including a holding company, in anticipation that the Japanese government will extend support if needed.
JAPAN
Aug 28, 2002

Ministry may face heat over beef scam

The government may punish the farm ministry if administrative problems turn up during the investigation of a beef-mislabeling scam perpetrated by the Nippon Meat Packers Inc. group, Chief Cabinet Secretary Yasuo Fukuda said Tuesday.
JAPAN
Aug 27, 2002

Efforts afoot to protect whistle-blowers

OSAKA -- Recent years have seen more and more whistle-blowers come forward to expose corporate wrongdoing, often to their own personal career detriment.
JAPAN
Aug 25, 2002

Mizuho pays Tepco redress of 50 million yen

The Mizuho Financial Group has paid some 50 million yen in damages to Tokyo Electric Power Co. for losses Tepco incurred as a result of computer failures at Mizuho in April, Mizuho sources said Saturday.
BUSINESS
Aug 24, 2002

Regional banks hit with negative rating

Moody's Investors Service Inc. on Friday gave Japan's regional banking sector a negative rating outlook.
JAPAN
Aug 24, 2002

Tokyo seeks compensation for Mizuho computer fiasco

The Tokyo Metropolitan Government on Friday demanded that Mizuho Bank pay 17 million yen in compensation to cover losses caused by the bank's massive computer failure earlier this year, according to metropolitan government officials.
JAPAN
Aug 22, 2002

Cash gone in suspected arson-murder

Police determined Wednesday that 6.5 million yen in cash is missing from two large safes at a financial futures dealer in Tokyo's Minato Ward where two men died in a suspected arson-murder Monday.
BUSINESS
Aug 22, 2002

Daiei unit gives up rights to Kanagawa monorail

Struggling retail giant Daiei Inc. said Wednesday its wholly owned unit has abandoned its rights to a closed monorail line in Kanagawa Prefecture that has not operated for 35 years.
BUSINESS
Aug 21, 2002

Toyota releases new Voltz sport utility

Toyota Motor Corp. on Tuesday released a new 1.8-liter sport utility vehicle, the first auto jointly planned and designed with General Motors Corp.
JAPAN
Aug 20, 2002

Two dead in suspected murder-arson

The charred corpses of two men, both with knife wounds, were found Monday morning after a fire broke out in a building in Minato Ward, Tokyo, leading police to investigate the case as a possible murder-arson.
BUSINESS
Aug 17, 2002

Insurers boost marketing of policies for entertainment events

Insurance firms are stepping up efforts to sell policies covering damage caused by accidents at fireworks displays and other entertainment events organized by municipalities or communities.
Japan Times
BUSINESS / INDUSTRY TRENDS
Aug 17, 2002

Photo processors bet livelihoods on digital age

For photo shops, the increasing use of digital cameras among consumers means fewer people dropping off rolls of film to be developed and printed.
BUSINESS
Aug 16, 2002

S&P affirms ratings for Dentsu

Standard & Poor's Corp. said Thursday it has affirmed its AA-minus long-term corporate credit rating with a stable outlook and A1-plus short-term rating for Dentsu Inc.
BUSINESS
Aug 14, 2002

Sky Perfect scores World Cup own goal

Sky Perfect Communications Inc. said Tuesday its group net loss in the first quarter of fiscal 2002 grew more than sixfold from the year before to 19.36 billion yen due to huge costs related to its broadcasting of the World Cup soccer finals.
BUSINESS
Aug 14, 2002

Food makers find an escape route

Not long ago, instant ramen from a prestigious noodle shop would have been an odd combination.
Japan Times
LIFE / Food & Drink / VINELAND
Aug 11, 2002

Really making a meal of it in Austria

Second of two parts One of the most heady delights for any wine lover is a visit to a vineyard. Hike or bicycle through the countryside, then sip wine and unpack a picnic near lush, green rows of vines. In the warm afternoon, tromp down into the winery's cool, dark cellar that smells of damp earth and...
JAPAN
Aug 10, 2002

Cops search USJ; exec admits error

OSAKA -- Osaka police searched two Universal Studios Japan offices Friday in connection with the unauthorized use and storage of explosives at the Hollywood theme park.
BUSINESS
Aug 10, 2002

Bridgestone recovers from tire-recall debacle

Bridgestone Corp. said Friday it posted a consolidated net profit of 24.48 billion yen in the January-June period, marking a turnaround from the 30.57 billion yen loss it logged a year earlier.
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.
Tokyo releases AI-generated video of Mount Fuji erupting
A screenshot from an AI-generated video showing what could happen to Tokyo if Mount Fuji erupted
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.
Is the LDP’s catch-all approach to politics still effective?
Former economic security minister Sanae Takaichi visits Yasukuni Shrine in Tokyo on Aug. 15. Political commentator Toru Hashimoto has suggested that Takaichi ought to lead a group of like-minded hawkish politicians out of the Liberal Democratic Party and form their own party.
Fingers sore from too much phone time? You might have ‘sumaho yubi.’
A catch-all term for tendonitis and arthritis caused by excessive smartphone use, 'sumaho yubi' may be difficult to treat for gadget-crazy Japan.

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

Smile! It’s ‘Sanrio Time,’ now and ever after
Smile! It’s ‘Sanrio Time,’ now and ever after

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