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BUSINESS
Aug 10, 2002

Small, midsize firms to get better chance at state bailout

The land ministry plans to make applications of the industrial revitalization law easier for small and midsize construction companies, which are struggling due to cuts in public works spending, ministry officials said.
BUSINESS
Aug 10, 2002

Mizuho interest rates at record low

Mizuho Corporate Bank, one of the two main arms of Mizuho Holdings Inc., said Friday it will reduce its interest rate on ordinary deposits to a record low 0.001 percent per year from the current 0.02 percent, effective Monday.
Japan Times
JAPAN
Aug 8, 2002

Government to file charges against Nippon Ham subsidiary

The government will file a criminal complaint against a unit of Nippon Meat Packers Inc. if it finds that the firm abused a beef-buyback program by disguising imported meat as domestic, Chief Cabinet Secretary Yasuo Fukuda said Wednesday.
BUSINESS
Aug 7, 2002

Battered Nikkei dips to 9,439

Tokyo stocks finished lower Tuesday for the fifth straight day amid concern over the U.S. economy, with the key Nikkei index temporarily falling below 9,500 for the first time since early February and close to an 18-year-low.
BUSINESS
Aug 6, 2002

Professor champions cause of small manufacturers

Small and midsize manufacturers don't make for as flashy headlines as giants like Sony and Toyota. They are sometimes even collectively considered a symbol of a debt-laden Japan Inc.
BUSINESS
Aug 3, 2002

Plan to redesign bank notes boosts some stocks

The share prices of bank note-related firms received a boost Friday after the government revealed it will redesign the 1,000 yen, 5,000 yen and 10,000 yen bills in an effort to thwart counterfeiting operations.
JAPAN
Aug 2, 2002

Disclaimers cause waves in scuba business

Recreational scuba divers in Japan are subject to a long-standing, and contentious, industry policy -- signing a waiver to accept all responsibility for whatever happens when they take the plunge.
BUSINESS
Aug 1, 2002

Yahoo Japan aims to double payroll

Yahoo Japan Corp., which operates Japan's top Internet search engine, said Wednesday it plans to hire 200 or more employees on an annual basis in an effort to implement its aggressive business expansion plan.
BUSINESS
Jul 27, 2002

Daiei unsure if first-half targets can be achieved

Struggling retail giant Daiei Inc. is uncertain if it can achieve its business targets for the first half of this business year, Daiei President Kunio Takagi said Friday.
BUSINESS
Jul 27, 2002

Nomura sees pretax profits decline 65.3% in first quarter

Brokerage giant Nomura Holdings Inc. said Friday its group pretax profits for the April-June quarter plunged 65.3 percent from a year earlier to 18.37 billion yen.
BUSINESS
Jul 26, 2002

Ministry hints it may sue Moody's over bond rating

The Finance Ministry has hinted it may seek compensation for any damage caused by the downgrading of Japan's credit rating by U.S.-based Moody's Investors Service Inc.
BUSINESS
Jul 25, 2002

UFJ to spin off computer operations

UFJ Holdings Inc. plans to spin off the running of its computer system to a joint venture it will create with Hitachi Ltd. in the fall, UFJ officials said Wednesday.
BUSINESS
Jul 25, 2002

Nikkei average ends below 10,000 line

Tokyo stocks tumbled Wednesday amid lingering jitters over bearish U.S. equity markets, sending the benchmark Nikkei index to a sub-10,000 close for the first time in five months.
BUSINESS
Jul 25, 2002

Market volatility could hamper recovery: Hayami

Bank of Japan Gov. Masaru Hayami said Wednesday that declines in U.S. share prices and the appreciation of the yen could hamper Japan's tentative recovery.
BUSINESS
Jul 25, 2002

Firms team up to market new electronic map system

Electric Power Development Co. and two other firms plan to market a new type of geographic information system in which day-to-day changes in cityscapes and streets can be recorded, the company said Wednesday.
BUSINESS / ON THE FRONT LINE
Jul 24, 2002

U.S. export revival goal of dollar fall?

U.S. manufacturers have for quite some time been demanding that the strong dollar be corrected, and now the greenback has begun gradually depreciating against other currencies.
BUSINESS
Jul 23, 2002

Card firms to use Visa verification

Visa International said Monday seven major Japanese credit card companies have agreed to introduce its service to verify cardholders for online shopping.
BUSINESS
Jul 23, 2002

Business executives get together on mission to network region

Representatives from six Asian countries met Monday in Tokyo to discuss enhancing the continent's infrastructure for broadband Internet.
BUSINESS
Jul 20, 2002

Antidumping tariffs set for polyester staple fiber

Japan said Friday it will impose antidumping duties of up to 13.5 percent on South Korean companies and 10.3 percent on Taiwanese firms for exporting polyester staple fiber at what it alleges are unfair prices.
Japan Times
JAPAN / HONING ENGLISH
Jul 19, 2002

English education at early age gains momentum

Don't worry about grammar; listen more and enjoy speaking.
BUSINESS
Jul 19, 2002

Asset-backed securities enjoying surge of popularity in Japan

Since British rock star David Bowie surprised Wall Street in 1997 by selling his old song royalties in bulk by issuing bonds, asset securitization has attracted greater public attention in Japan.
BUSINESS
Jul 19, 2002

Saison to expand range of policies

Saison Automobile & Fire Insurance Co., a casualty insurer in the Sompo Japan Insurance Inc. group, plans to expand its range of products beyond its core auto policies, company officials said Thursday.
BUSINESS
Jul 18, 2002

NRI buys into publisher Recruit

Nomura Research Institute Ltd. said Wednesday it has acquired a 1 percent equity stake in Recruit Co.
BUSINESS
Jul 17, 2002

IYBank to link ATMs to clients' cell phones

IYBank said Tuesday that it is planning to introduce a mobile cash card service that will allow clients to access its automated teller machines with their cell phones.
BUSINESS
Jul 17, 2002

Taisho discontinues development of asthma drug

Taisho Pharmaceutical Co. said Tuesday it will discontinue the development of a new oral drug for chronic asthma because unwanted side effects occurred in U.S. clinical tests.
JAPAN
Jul 17, 2002

Man goes berserk over TV 'insult'

A knife-wielding man was arrested Tuesday 10 minutes after he allegedly threatened employees of Fuji Television Network Inc. at the broadcaster's headquarters in Minato Ward, Tokyo, according to police.
BUSINESS
Jul 17, 2002

Asahi Diamond to set up two overseas units

Asahi Diamond Industrial Co., a maker of diamond-tipped tools, said Tuesday it will set up two subsidiaries this month, one in the United States and one in China.
JAPAN
Jul 16, 2002

Dentists prosper from quest for winning smile

An increasing number of people -- especially young women -- are visiting dental clinics. They're not having cavities drilled, but having their teeth whitened.
BUSINESS
Jul 16, 2002

OSE trades in DJIA-linked futures

OSAKA -- The Osaka Securities Exchange started trading Monday in futures contracts whose values are linked to the movements of the Dow Jones Industrial Average and two other stock-bourse indicators, the exchange said.

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