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August 25, 2025
 

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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.
BUSINESS
Mar 7, 2002

Moody's analyst tells Japan it needs to stoke inflation

Japan's measures to combat deflation and revive the floundering economy are insufficient, and the nation instead should concentrate on stimulating inflationary expectations, Moody's Investors Service Inc. said in a special report Wednesday.
BUSINESS
Mar 6, 2002

Tobishima to speed up debt cut

Construction company Tobishima Corp. said Tuesday it has devised a new rehabilitation plan to cut its group interest-bearing debts of 135 billion yen by 50 billion yen over three years.
BUSINESS
Mar 5, 2002

Hazama shrugs off rumor of Sato Kogyo linkup

Construction firm Hazama Corp. rejected suggestions Monday that it is considering integrating its management with Sato Kogyo Co. or other companies, or that it is seeking additional financial aid from its creditor banks.
BUSINESS
Mar 4, 2002

Sato Kogyo files for bankruptcy

Debt-saddled Sato Kogyo Co. and eight of its subsidiaries filed for protection from creditors with the Tokyo District Court on Sunday under the Corporate Rehabilitation Law, becoming the second midsize general construction contractor to collapse in the three months since Aoki Corp. folded in December....
COMMENTARY / JAPAN IN THE GLOBAL ERA
Mar 4, 2002

'Inbred' universities dragging Japan down

LAUSANNE, Switzerland -- A former Japanese student of mine, now a member of the economics faculty of one of Tokyo's leading universities, remarked on an occasion when we were having lunch together that, "Larry Summers would not have been appointed professor in a Japanese university." Summers is quite...
BUSINESS
Mar 3, 2002

Sato Kogyo to commence bankruptcy proceedings

Sato Kogyo Co., a midsize construction contractor with group liabilities estimated at more than 500 billion yen, has given up efforts to rehabilitate itself and will resort to legal bankruptcy proceedings, company sources said Saturday.
BUSINESS
Mar 1, 2002

Three to launch dual-CPU cell phones

NEC Corp., Matsushita Electric Industrial Co. and Matsushita Communication Industrial Co. said Thursday that they will market new third-generation mobile handsets with jointly developed technology in the second half of this year.
SPORTS / SPORTS SCOPE
Feb 28, 2002

Japanese teams treat Guam to rugby spectacle

For many Japanese people, the island of Guam conjures up images of duty-free shopping, cheap golf courses and unequaled diving around the reefs that surround this Pacific island.
JAPAN
Feb 28, 2002

Fuji TV ordered to pay over rape report

The Tokyo High Court on Wednesday upheld a lower court ruling ordering Fuji Television Network Inc. to pay 1 million yen in damages to a man named in the broadcaster's coverage of a rape allegation.
BUSINESS
Feb 28, 2002

Seibu to log 80 billion yen special loss

Seibu Department Stores Ltd. plans to post extraordinary losses of some 80 billion yen for its business year to Feb. 28 after liquidating a subsidiary and incurring capital losses, company sources said Wednesday.
BUSINESS
Feb 28, 2002

Matsushita plans to sell Osaka towers

OSAKA -- Matsushita Investment & Development Inc., a real estate developer in the Matsushita group, plans to securitize its twin towers in Osaka and other properties and sell them to investors for some 60 billion yen, company sources said.
BUSINESS
Feb 28, 2002

Wholesale, retail sales slide again

Combined sales by Japan's wholesalers and retailers dropped 5.4 percent from a year before in January, marking a 12th consecutive monthly decline, the Ministry of Economy, Trade and Industry said Wednesday.
BUSINESS
Feb 28, 2002

Sansui Electric returns to black

Sansui Electric Co. said Wednesday it posted a consolidated net profit of 3.26 billion yen in the business year to Dec. 31, marking a turnaround from a 1.33 billion yen loss the previous year.
BUSINESS
Feb 28, 2002

Daiei to get 520 billion yen from its main creditors

Struggling supermarket operator Daiei Inc. announced Wednesday a fresh three-year restructuring program that features 520 billion yen in financial support from its three main creditor banks, up 100 billion yen from an earlier plan.
BUSINESS
Feb 27, 2002

METI panel holds first meeting on revising corporate taxes

A Ministry of Economy, Trade and Industry study panel met Tuesday to discuss revisions to some corporate taxes as part of comprehensive government tax reforms.
BUSINESS
Feb 25, 2002

J. League ties with DoCoMo over mobile phone services

J. League said Sunday it has tied up with NTT DoCoMo Inc., the mobile phone arm of telecom giant Nippon Telegraph and Telephone Corp., and three other NTT group companies to develop services such as distributing images of soccer matches to mobile phones.
BUSINESS
Feb 25, 2002

Hurdles need to be overcome on road to recovery

The second session of the economic conference held at the London Business School turned to the changes that Japan needs to implement to lift the world's second-largest economy out of recession.
BUSINESS
Feb 24, 2002

Banks offer 500 billion yen to aid Daikyo

UFJ Bank, Dai-Ichi Kangyo Bank and Asahi Bank have entered informal talks with Daikyo Inc. on the provision of up to 500 billion yen in financial assistance to Japan's largest condominium builder, industry sources said Saturday.
BUSINESS
Feb 23, 2002

Analyst reckons Japan distributors' systems put consumers in driving seat

If you believe that Japan's distribution system is inefficient and does consumers no good, try telling that to Masahiro Matsuoka.
BUSINESS
Feb 22, 2002

Haseko calls on major banks for 150 billion yen in support

Struggling condominium developer Haseko Corp. unveiled a sweeping restructuring plan Thursday, calling for 150 billion yen in financial support from major creditor banks and a 10 percent cut in personnel expenses in three years.
JAPAN
Feb 21, 2002

Online music trade riles labels

The battle between online music-swapping service providers and the Japanese music industry is intensifying, with the industry vowing to crack down on what it calls illegal sharing of digital copies of music.
BUSINESS / ON THE FRONT LINE
Feb 21, 2002

Recovery to ease yen-selling

Caught between fears of a domestic crisis in March and expectations of government measures to fight deflation, the dollar-yen rate has remained stuck in a relatively narrow range between 131 yen and 135 yen in recent weeks.
BUSINESS
Feb 21, 2002

Honda chairman to head car industry association

Yoshihide Munekuni, chairman of Honda Motor Co., is expected to become the head of the Japan Automobile Manufacturers Association Inc. in May, industry sources said Wednesday.
BUSINESS
Feb 21, 2002

Cooking oil producers set to merge

A joint holding company to be formed April 1 by Honen Corp. and Ajinomoto Oil Mills Co. will merge with another cooking oil producer, Yoshihara Oil Mill Ltd., to create the largest domestic entity in the field, according to the three firms.
BUSINESS
Feb 20, 2002

Keep that video collection -- new DVDs are around corner

The DVD player just went the way of the VCR.
BUSINESS
Feb 20, 2002

Koito buys U.S. plane-seat servicer

Koito Industries Ltd. said Tuesday it has acquired KPS N.A. Inc., a U.S. maintenance firm for airplane seats, to strengthen its airplane business in North America.
BUSINESS
Feb 20, 2002

Banks skeptical of share-purchasing body

Banks are reluctant to use a government share purchasing body set up to help them unwind their massive cross-held shares, the chairman of the Japan Bankers Association said Tuesday.
Japan to revise romanization rules for first time in 70 years
The Agency for Cultural Affairs is recommending replacing the government’s long-standing Kunrei system with more widely used Hepburn-style spellings.
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.
At meeting rich in symbolism, Ishiba and South Korea's Lee agree to steadily build ties
South Korean President Lee Jae Myung and Prime Minister Shigeru Ishiba shake hands at joint press announcement after summit talks in Tokyo on Saturday.
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.
Japan to boost support for joint ride-hailing services
Tatsuaki Igarashi, mayor of Tsukuba, Ibaraki Prefecture, exits a ride-sharing vehicle at Tsukuba Station in January.
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.
As farm minister, Koizumi is held ‘hostage’ by Ishiba
Farm minister Shinjiro Koizumi (center) attends a Lower House session on Aug. 1. Locking Koizumi into the Cabinet is Prime Minister Shigeru Ishiba’s way of turning a potential rival into a team player, according to one expert.

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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