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April 30, 2025
 

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Japan Times
BUSINESS
May 14, 2002

Toyota's record-setting profits top 1 trillion yen

Toyota Motor Corp. announced Monday that its consolidated pretax profits jumped 14.5 percent from last year to a record 1.113 trillion yen during the 2001 business year, becoming the first Japanese company ever to post pretax profits exceeding 1 trillion yen.
BUSINESS
May 14, 2002

Mitsubishi Pharma profits up 229%

Mitsubishi Pharma Corp. said Monday that its group net profit soared 229.4 percent to 8.99 billion yen in fiscal 2001 due to cost-cutting and the U.S. government's authorization of a resumption of shipments from a U.S. plant.
BUSINESS
May 14, 2002

Toray's group net profit plunges

Toray Industries Inc., a manufacturer of synthetic fibers, said Monday its group net profit plunged 77.6 percent to 3.8 billion yen in the fiscal year ended March 31 as overall demand weakened amid the severe business environment.
JAPAN
May 12, 2002

Aioi faces more reinsurance obligations

Aioi Insurance Co., which lost hundreds of billions of yen in reinsurance contracts as a result of the Sept. 11 terrorist attacks in the United States, faces new reinsurance obligations due to three aircraft crashes earlier this month, industry sources said Saturday.
Japan Times
JAPAN / WEEKEND WISDOM
May 12, 2002

Former top executive attempts to save Japan Inc. with ethics

What is the root cause of corporate failure?
JAPAN
May 12, 2002

DVD firms want 4% patent royalty on Chinese versions

Six Japanese and U.S. companies with DVD-related patents are negotiating with Chinese makers to charge about 4 percent of the price of a DVD player as royalties, China's official Xinhua News Agency reported Saturday.
JAPAN
May 11, 2002

Media bodies terrified by privacy legislation

Newspaper editors, publishers, broadcasters and freelance journalists across the country are vehemently protesting that two bills now in the Diet would gravely undermine freedom of the press.
BUSINESS
May 11, 2002

IY Bank unfazed by loss in '01, eyes profit by '03

In its first year of offering 24-hour ATM banking at convenience stores, Ito-Yokado Co.'s fledgling IY Bank reported a 12.18 billion yen after-tax loss in fiscal 2001.
BUSINESS
May 11, 2002

Softbank posts 88.76 billion yen net loss

Internet business investor Softbank Corp. dipped into the red in the year that ended March 31, due to costs to build infrastructure for broadband online services and a devaluation of the firm's stockholdings, company officials said Friday.
Japan Times
JAPAN
May 10, 2002

Condom makers jazz up contraception

The country's 60 billion yen condom industry has taken the offensive lately in a withering market, promoting a batch of new products designed to woo youths who are increasingly sexually active but reluctant to use protection.
BUSINESS
May 10, 2002

Mitsui unit in U.S. settles pig feed lawsuit

Trading house Mitsui & Co. said Thursday its animal feed subsidiary in the United States has agreed to settle a class-action suit lodged by U.S. pig and poultry farmers over sales of feed supplements.
Japan Times
BUSINESS
May 9, 2002

Prices keep Electronic Toll Collection system from catching on

The Electronic Toll Collection system was introduced in March 2001 amid great expectations that it would ease the notorious traffic jams on Japan's expressways as it allows vehicles equipped with a transponder to pass through toll gates without having to stop to pay.
BUSINESS
May 9, 2002

FSA, BOJ start Mizuho inspections

The Financial Services Agency and the Bank of Japan started on-site inspections at two Mizuho Financial Group banks Wednesday.
JAPAN
May 9, 2002

Rugby player, TV Asahi reach rape-report settlement

A former amateur rugby player has reached a settlement with TV Asahi over its coverage of a rape allegation against him, according to the plaintiff's lawyers.
JAPAN
May 8, 2002

Duo injured while filming TV sports show for TBS

Two participants in a Tokyo Broadcasting System Inc. athletic TV game show were seriously injured Sunday during filming at a Yokohama studio, TBS officials said Monday.
BUSINESS
May 8, 2002

Moody's might downgrade ANA long-term rating

Moody's Investors Service Inc. said Tuesday it may downgrade the Baa3 senior unsecured long-term rating of All Nippon Airways in response to the Fair Trade Commission's decision to approve the merger of Japan Airlines and Japan Air System.
BUSINESS
May 6, 2002

Sony launches work on successor to PlayStation2

Sony Corp. has started work on developing a successor to its popular PlayStation2 game console by 2005 with a view to putting it on the market after use of fiber-optic networks becomes widespread, according to Sony sources.
Japan Times
JAPAN / MUSEUM MUSINGS
May 4, 2002

Shibuya museum links tobacco, salt past and present in curious harmony

To the uninitiated, the combination of tobacco and salt in a museum is a curious one.
Japan Times
COMMUNITY / Our Lives / PERSONALITY PROFILE
May 4, 2002

Marie and Kelly Gray

When the House of St. John USA brought out its fragrance White Camellia, St. John founder Marie Gray thought of it as a celebration of a relationship. The relationship, special and cherished, is between herself and her daughter Kelly. Marie said she could "think of no better way to celebrate something...
BUSINESS
May 3, 2002

Nintendo buys out U.S. software unit

Game-machine maker Nintendo Co. said Thursday it has bought out its U.S. software-developing affiliate, Retro Studios Inc., making it a wholly owned subsidiary.
JAPAN
May 1, 2002

Medical firm raided over tot's death

Police raided the headquarters of a medical equipment firm in Setagaya Ward, Tokyo, over the death of a baby boy last year at a hospital run by the Tokyo Metropolitan Government.
BUSINESS
Apr 30, 2002

METI group set to tackle copyright abuse in Asia

The Ministry of Economy, Trade and Industry will organize a private group of publishers and producers of music, movies, games and other software in June to deal with rampant piracy in China, South Korea and Taiwan, METI officials said.
Japan Times
BUSINESS
Apr 30, 2002

Fashion world banking on teenage girls' yearning to grow up

In an effort to capitalize on the Golden Week holiday period, many department stores across the country are targeting preteen and early teen girls with a series of brand-name clothing promotions, fashion shows and makeup classes.
Japan Times
JAPAN
Apr 30, 2002

Bottom line for recent CPA grad, 71, is to keep at it with immortal energy

For Masahiko Tanabe, 71, the secret to staying young is to stay curious. Having worked in the technological and petrochemical fields for more than 45 years, Tanabe's fascination with accounting led him to acquire a degree as a U.S. certified public accountant at the age of 70.
BUSINESS
Apr 30, 2002

Cigarette sales drop for third consecutive year

Cigarette sales fell for the third consecutive year in fiscal 2001, which ended March 31, according to a manufacturers' association.
BUSINESS
Apr 28, 2002

Asahi Mutual eyes net profits in '01

Asahi Mutual Life Insurance Co. will likely secure the equivalent of a stock company net profit in the year to March 31 despite its plan to write off some 400 billion yen in latent stockholding losses, company sources said Saturday.
BUSINESS
Apr 27, 2002

Two major brokerages sink deep into the red in fiscal '01

Two of the nation's three main brokerages on Friday said they sank deep into the red in the year that ended March 31, as sluggish share prices and competition from online and bank-affiliated brokers sent retail revenues plunging.
BUSINESS
Apr 26, 2002

Nichido Fire rapped for car policies

The Financial Services Agency ordered Nichido Fire & Marine Insurance Co. on Thursday to suspend some of its operations after it was found to have sold an unauthorized type of automobile insurance.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
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.
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.
China seizes disputed reef near key Philippine military outpost
China Coast Guard officers unfurl a national flag on Sandy Cay reef, near the Philippine-held Thitu Island, in disputed waters of the South China Sea this month in this screen shot taken from Chinese state broadcaster CCTV.
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

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