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BUSINESS
Apr 5, 2002

NTT faces 2.1 trillion yen in special losses for fiscal 2001

Suffering from huge appraisal losses incurred through failed overseas investments, Nippon Telegraph and Telephone Corp. reported special losses Thursday totaling 2.1 trillion yen for the 2001 business year on a consolidated basis.
LIFE / Language
Apr 5, 2002

When the lights go out, who'll be waiting?

Modern monsters seem to have a big image problem. If you've seen the new movie "Monsters, Inc.," you know they're in trouble because, well -- they just aren't frightening!
Japan Times
JAPAN / KANSAI BEAT
Apr 4, 2002

Win for Tigers in 2002 pennant race may spark Kansai recovery: analyst

OSAKA -- As a rabid Hanshin Tigers fan, Daiwa Research Institute President Koichi Kunisada seems pretty sure of the destiny of this year's Central League pennant -- it is bound for Osaka.
LIFE / Digital
Apr 4, 2002

Self-absorbed little Dreadly better love his Moop

Taking your children to see movies would not be bad if all cartoons were the quality of "Totoro" and "Princess Mononoke."
BUSINESS
Apr 3, 2002

Embarrassing ATM problem fixed: Mizuho

Mizuho Holdings Inc. said Tuesday that the embarrassing glitch that shut down its automatic teller machines the previous day has been fixed.
Japan Times
BUSINESS / THE WRITERS' SPIN
Apr 3, 2002

Tokyo should be more wary of remarks by fickle economists

Economists always disagree on how to mend Japan's flagging economy.
BUSINESS
Apr 3, 2002

Taipei, Seoul face dumping accusation

The government is set to accuse South Korean and Taiwanese companies of exporting polyester staple fiber to Japan at unfairly low prices and levy antidumping duties on their imports, government sources said Tuesday.
JAPAN
Apr 1, 2002

Many worried about pensions: poll

More than three out of every four Japanese have fears about the future, with many especially concerned about their pensions, Dentsu Inc. said in a recent survey report.
EDITORIALS
Mar 31, 2002

Wal-Mart, Sprawl-Mart

Two weeks ago, Wal-Mart Stores Inc. announced a deal with local supermarket chain Seiyu that would give the U.S. cut-price retail colossus a foothold in the Japanese market: a 6.1 percent share in Seiyu now, with an option to increase its stake to two-thirds by the end of 2007. The announcement has been...
BUSINESS
Mar 30, 2002

UFJ Holdings anticipates net loss of 1.2 trillion yen

UFJ Holdings Inc. said Friday that it expects to post a consolidated net loss of 1.2 trillion yen for the 2001 business year, which ends this month, up from the loss of 600 billion yen forecast in November.
BUSINESS
Mar 29, 2002

Snow Brand announces plan

Snow Brand Milk Products Co., the parent company of scandal-hit Snow Brand Foods Co., announced Thursday an outline of its restructuring plan that includes capital tieups with trading house Itochu Corp. and the National Federation of Agricultural Cooperative Associations (Zen-Noh).
BUSINESS
Mar 29, 2002

DVD makers give Chinese deadline for royalty talks

Six Japanese and U.S. makers of DVD players have given Chinese firms in the audio equipment industry until Sunday to enter into negotiations over paying patent royalty fees for DVD production.
BUSINESS
Mar 29, 2002

Nissan to maximize stake in Renault

Nissan Motor Co. said Thursday it will acquire 13.5 percent of its alliance partner Renault SA through subsidiary Nissan Finance Co.
Japan Times
BUSINESS
Mar 25, 2002

Sumitomo, Mitsui Chemicals unite to weather tough times

As a global wave of consolidation sweeps through the chemicals industry, Sumitomo Chemical Co., Japan's second-largest chemicals maker, is trying to get a jump on its domestic rivals by merging with industry No. 3 Mitsui Chemicals Inc.
BUSINESS
Mar 23, 2002

Daiwa announces tieup with Agricole

Daiwa Bank Holdings Inc., the nation's fifth-largest banking group, on Friday announced a business alliance with French bank Credit Agricole SA.
Japan Times
BUSINESS
Mar 22, 2002

Apple increases price of iMac by 20,000 yen

Following a recent rise in computer component prices, Apple Computer Inc. has decided to increase the price of its iMac computer by 20,000 yen in Japan and $100 in the United States, effective immediately, Steve Jobs, Apple's chief executive officer, revealed Thursday.
Japan Times
BUSINESS
Mar 22, 2002

Brand power key to profits, U.S. professor advises

Japanese manufacturers have long considered the quality of their products to be their greatest strength.
BUSINESS
Mar 20, 2002

Daiei seeks government handout

As part of its rebuilding efforts, debt-saddled supermarket chain Daiei Inc. filed with the government Tuesday for tax breaks and other preferential treatment under the industrial rehabilitation law, government officials said.
BUSINESS
Mar 20, 2002

Okinawa Cellular may get regulatory break

The telecommunications minister hinted Tuesday that Okinawa Cellular Telephone Co. may remain free from regulations governing "dominant" mobile phone operators even though its controls a large share of the market in Okinawa Prefecture.
BUSINESS
Mar 19, 2002

Seiko mulls reducing holdings in Epson unit

Seiko Corp. on Monday confirmed news reports that it is considering selling part of its equity stake in Seiko Epson Corp. by the end of this month.
BUSINESS
Mar 19, 2002

UFJ hastens branch closures by six months

OSAKA -- UFJ Bank will accelerate the consolidation of 108 of its domestic branches by six months and complete the process by the end of next March 2003, President Masashi Teranishi said Monday.
BUSINESS
Mar 15, 2002

Wal-Mart to enter Japan through alliance with ailing Seiyu

U.S. retail giant Wal-Mart Stores Inc. and struggling supermarket operator Seiyu Ltd. said Thursday they are forming a capital alliance that will enable the world's largest retailer to stride into Japan.
BUSINESS
Mar 14, 2002

Toshiba, Mitsubishi in new 3G deal

Toshiba Corp. and Mitsubishi Electric Corp. announced Wednesday they will jointly develop a third generation dual-mode mobile phone platform that will allow users of rival technology to use their handsets around the world.
BUSINESS
Mar 12, 2002

Moody's downgrades life insurers

Moody's Investors Service Inc. said Monday it has downgraded the insurance financial strength ratings of eight Japanese life insurance companies.
BUSINESS
Mar 9, 2002

Sato Kogyo asks creditors for assistance

Failed construction firm Sato Kogyo Co. held on Friday the first meeting of its creditors, asking for help with its rehabilitation.
BUSINESS
Mar 8, 2002

Ministry to help unemployed with mobile phones

The government on Thursday launched a mobile-phone version of its Internet service posting nationwide job offers.
BUSINESS
Mar 7, 2002

UFJ Bank puts together bailout package for Aplus

UFJ Bank is putting the final touches on a 120 billion yen to 130 billion yen bailout package for debt-saddled consumer finance company Aplus Co., according to sources familiar with the case.
BUSINESS
Mar 7, 2002

DoCoMo, Oracle in wireless deal

NTT DoCoMo Inc., U.S. software giant Oracle Corp. and Oracle's subsidiary in Japan said Wednesday they have agreed to develop products and services using DoCoMo's cellular phones, and Oracle's database and server systems.

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