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April 30, 2025
 

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JAPAN
Apr 25, 2002

Computer tests were inadequate: Mizuho

The president of Mizuho Holdings Inc. admitted Wednesday that more thorough tests before the integration of the banking group's computer systems would have helped prevent the glitches that are now threatening to delay month-end salary payments and holiday transactions.
BUSINESS
Apr 25, 2002

Kawasaki Steel, Stelco form alliance

Kawasaki Steel Corp. said Wednesday it has formed a comprehensive business alliance with Stelco Inc. of Canada in a bid to step up business in the country. Kawasaki and Stelco will jointly develop materials for large-diameter steel pipes as well as steel plates and bars for use in automobiles.
BUSINESS
Apr 25, 2002

Insurer likely to be rapped for unauthorized sales

The Financial Services Agency is expected to punish Nichido Fire & Marine Insurance Co. for allegedly selling car insurance policies without obtaining official approval, sources said Wednesday.
BUSINESS
Apr 25, 2002

J-Phone delays launch of 3G for second time

In a move that may cast fresh doubt over the next-generation mobile phone business, J-Phone Co. said Wednesday it will postpone its launch of third-generation cellular phone service again from June to December.
LIFE / Digital
Apr 25, 2002

Lie detection infiltrating everyday life

When Bill Clinton first said, "I never had sexual relations with that woman . . ." back in 1998, a report flushed that a new Israeli lie detector figured he was being truthful.
BUSINESS
Apr 24, 2002

Shareholders to get chance to vote online

About 100 companies in Japan this year will allow or consider allowing shareholders to use the Internet to vote in place of mailing in ballots or attending meetings, according to surveys conducted by trust banks.
Japan Times
BUSINESS
Apr 23, 2002

Tourism industry courts Koizumi, Bush to boost international travel

The newly signed U.S.-Japan tourism promotion pact shows the United States is greatly aware of just how much Japanese tourists mean to its economy, according to U.S. tourism industry leaders who visited Japan last week to attend the agreement's signing ceremony.
BUSINESS
Apr 22, 2002

Over 30% of firms to reduce recruitment due to IT slump

More than 30 percent of 150 major companies are planning to cut new recruitment next spring, mainly due to the slump in the information technology industry, a Kyodo News survey showed Sunday.
BUSINESS
Apr 19, 2002

Uniqlo's profits on the wane

With Uniqlo's boom in casual clothing fading away, Fast Retailing Co. on Thursday cut its earnings projections for the business year to August from its previous estimate in January.
Japan Times
BUSINESS
Apr 18, 2002

Restructuring has Imperial Hotel ready to strike

As foreign hoteliers invade the Tokyo market, the prestigious Imperial Hotel Ltd. is busy planning a counteroffensive.
Japan Times
BUSINESS
Apr 17, 2002

Heads begin to roll over Mizuho fiasco

The former presidents of Fuji Bank, Dai-Ichi Kangyo Bank and the Industrial Bank of Japan -- the three components that on April 1 merged into two banks under Mizuho Holdings Inc. -- will step down to take responsibility for the sputtering group's ongoing computer snarls.
BUSINESS
Apr 17, 2002

Lawson reports 11% profit drop

Lawson Inc., the nation's second-largest convenience-store chain operator, said Tuesday its group pretax profit fell 10.9 percent to 35.21 billion yen in the year ended Feb. 28.
BUSINESS
Apr 17, 2002

Mitsui Asset to target pension business, up consultants' pay

Mitsui Asset Trust & Banking Co. will beef up its pension trust operations while trying to raise the salaries of its pension consultants and other experts to levels seen at foreign banks, its president, Kazuo Tanabe, told Kyodo News.
Japan Times
CULTURE / Music / J-POPSICLE
Apr 17, 2002

Happy End all over again

British rock band Oasis will be playing live in Tokyo on May 23. But exactly where is a mystery.
Japan Times
BUSINESS
Apr 17, 2002

NTT set to select Wada as new president in June

Nippon Telegraph and Telephone Corp. plans to name Vice President Norio Wada as its next president, replacing Junichiro Miyazu, who is expected to become a senior adviser, sources said Tuesday.
JAPAN
Apr 16, 2002

Fukuda talks tough on Mizuho glitches

Mizuho Financial Group would bear heavy management responsibility if it went ahead with the launch of its two key banks on April 1 despite having been aware that extensive computer problems could occur, Chief Cabinet Secretary Yasuo Fukuda said Monday.
BUSINESS / ANALYSIS
Apr 16, 2002

Economic panel wants to go its own way on FTAs, farm trade

In a rather belated move aimed at giving the languishing Japanese economy a badly needed shot in the arm, Prime Minister Junichiro Koizumi's key economic panel has put yet another sacred cow on its reform agenda: agriculture.
BUSINESS
Apr 13, 2002

S&P cuts Komatsu

Standard & Poor's Corp. has downgraded its long-term rating on major construction machinery manufacturer Komatsu Ltd. to BBB-minus from BBB, with a negative outlook.
BUSINESS
Apr 11, 2002

MTFG revision in ballpark: S&P

Standard & Poor's Corp. said Wednesday the downward revision of earnings by the Bank of Tokyo-Mitsubishi and Mitsubishi Trust & Banking Corp. -- parts of the Mitsubishi Tokyo Financial Group -- won't affect its ratings on the banks.
Japan Times
BUSINESS / INTERNATIONAL RATIONALE
Apr 11, 2002

Domestic, foreign insurers engaged in turf war

The deregulation of Japan's insurance sector last year has set domestic and foreign-affiliated companies squarely against each other in the cancer and medical insurance battlefield.
JAPAN
Apr 11, 2002

Online music service to shut down

The Tokyo District Court has ordered an online music file-swapping service to shut down. It is the first legal decision in Japan against such a service, which record companies claim infringe on copyrights.
BUSINESS
Apr 11, 2002

Ito-Yokado to sell Daikuma stake

The Ito-Yokado retail group has agreed to sell its entire equity stake in Daikuma Co. to Yamada Denki Co. and Nomura Principal Finance Co., the ailing retailer announced Wednesday.
BUSINESS
Apr 10, 2002

Daiwa Bank, Asahi Bank in talks to merge by autumn 2003

OSAKA -- Daiwa Bank and Asahi Bank are in talks to merge by fall 2003, following their business integration in March under Daiwa Bank Holdings Inc., bank sources said Tuesday.
BUSINESS
Apr 10, 2002

Moody's Japan to get new director

Moody's Japan K.K., the Japanese branch of U.S. credit-rating agency Moody's Investors Service Inc., said Tuesday that Naoki Yamauchi will become its new representative director. Yamauchi, 41, will take up the post when Thomas Keller, 42, the current representative director, relocates to Moody's Asia-Pacific...
Japan Times
BUSINESS
Apr 8, 2002

Japan has golden chance for revival

Improved corporate governance at Japanese firms coupled with better public policy can "lead to a magnificent revival" in the country's economy, according to James K. Glassman, who delivered the 2002-'03 Mansfield American-Pacific Lecture, jointly sponsored by Keizai Koho Center.
JAPAN
Apr 6, 2002

Obituaries: Hideo Akimoto, Nobuyuki Kawata

Hideo Akimoto, a veteran newscaster and critic, died Thursday of heart failure at a hospital in Chiba city, his relatives said. He was 75.
BUSINESS
Apr 6, 2002

Mitsubishi to sell U.S. cancer test

Mitsubishi Chemical Corp. will begin domestic sales of a U.S.-made screening device for cervical cancer in mid-April, company officials said Friday.
BUSINESS
Apr 5, 2002

Mizuho delayed by problems during account settlements

Mizuho Bank clients were further inconvenienced Thursday by delays in its cash-transfer services related to account settlements for the 2001 business year, Mizuho officials said.
BUSINESS
Apr 5, 2002

Asahi Mutual's new policy contracts see 17% increase

Struggling Asahi Mutual Life Insurance Co. said Thursday the number of new policy contracts in the 2001 business year is estimated to have grown 17 percent due to brisk sales of new products.
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

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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