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Japan Times
JAPAN
Feb 19, 2002

Jewelry 'middle market' slipping away

Following the pattern seen in Japan's clothing and accessories industries, in which ultra-expensive designer bags by Louis Vuitton are snatched up with as much vigor as cheap clothing from Uniqlo stores, the "middle market" is rapidly disappearing from the nation's gemstone and jewelry industry.
BUSINESS
Feb 19, 2002

Advertising spending down 0.9% in 2001

Advertising expenditures fell 0.9 percent in 2001 to 6.06 trillion yen as the anemic economy and the Sept. 11 attacks in the United States prompted firms to cut spending, Dentsu Inc. said Monday.
BUSINESS
Feb 19, 2002

DoCoMo signs i-mode deal with German firm

NTT DoCoMo Inc. said Monday it has signed an agreement licensing Germany's E-Plus Mobilfunk GmbH & Co. KG to use its patents and technology for i-mode in Germany.
BUSINESS
Feb 16, 2002

McDonald's logs '01 sales decline on mad cow scare

Ltd. said Friday it suffered a sharp decline in unconsolidated profits in 2001 due to falling hamburger sales after the mad cow disease outbreak in September. The fast food operator also announced that as part of a drive to reverse this trend it has agreed with Pret A Manger, a London-based sandwich...
BUSINESS
Feb 15, 2002

Small companies set for loan repayment boost

The Ministry of Economy, Trade and Industry is planning to relax loan repayment terms for small and midsize companies that took advantage of an expired government guarantee and are now having difficulty paying back the funds, ministry officials said Thursday.
BUSINESS
Feb 15, 2002

Investors swap stocks, MMFs for gold

Japanese individual investors are increasingly shying away from financial products with potential risk, especially after the sudden collapse of U.S. energy giant Enron Corp. dealt a severe blow to popular money management funds.
BUSINESS
Feb 15, 2002

Asahi Mutual Life to deepen cuts

Asahi Mutual Life Insurance Co. will deepen planned pay and staff cuts because a business integration scheme with Tokio Marine & Fire Insurance Co. had to be scrapped in January, company sources said.
JAPAN / CLOSE NEIGHBORS
Feb 14, 2002

Lawmakers' views of past still plague relations

An education ministry panel's approval last April of a history textbook, which critics denounced as attempting to glorify Japan's wartime past, drew a quick response from South Korean politicians.
BUSINESS
Feb 14, 2002

Aioi expects greater loss after terror attacks

Aioi Insurance Co. will likely incur a loss of 126.1 billion yen from reinsurance claims on its U.S. agent in the fiscal year to March 31, or 28.2 billion yen more than it expected.
JAPAN
Feb 13, 2002

JobTimes goes online

A new online recruiting site opens its doors today, targeting university students and people searching for employment in a bilingual environment.
COMMUNITY
Feb 10, 2002

The street beat goes on -- but for how long?

Come 8 p.m., the nationalist black vans blaring polemics around Hachiko square outside JR Shibuya Station give way to an equally noisy, but far more friendly soundtrack.
JAPAN
Feb 8, 2002

Are cell phones becoming too disruptive?

Masahito Tagami spent some 900,000 yen on a relay antenna system when he opened an "izakaya" restaurant in the basement of a building in Shibuya Ward, Tokyo, last April, so that customers could use their mobile phones.
BUSINESS
Feb 8, 2002

Investors shaky as critical phase looms

Tokyo stocks tumbled across the board again this week, mirroring a wholesale collapse in investor confidence.
BUSINESS
Feb 7, 2002

Bank losses near 5 trillion yen

With the downtrend in domestic stock prices continuing unabated, unrealized losses on shares held by major Japanese banks amounted to some 4.8 trillion yen, up from 3.5 trillion yen at the end of September, according to Daiwa Institute of Research.
BUSINESS
Feb 7, 2002

NTT union passes on wage hike

The labor union of Nippon Telegraph and Telephone Corp. for a second consecutive year will not seek a uniform hike in base wages during spring salary negotiations, union officials said Wednesday.
BUSINESS
Feb 7, 2002

Group creates mini gear mechanism

Showa Denko K.K., Kitagawa Industries Co. and Seiko Instruments Inc. said Wednesday they have jointly developed the world's smallest plastic gear mechanism in cooperation with Shinshu University Professor Morinobu Endo.
BUSINESS / ON THE FRONT LINE
Feb 6, 2002

TSE passing through crucial stage

Investor confidence has plunged to the lowest level in decades amid concerns over bleak economic prospects.
BUSINESS
Feb 6, 2002

Moody's places ratings of insurers under review

Moody's Investors Service Inc. said Tuesday it has put the financial strength ratings of seven Japanese life insurers under review for possible downgrade, citing the weak economy and high incidences of policy surrenders.
BUSINESS
Feb 5, 2002

JT cuts earnings projection, citing costs of reform

Japan Tobacco Inc. said Monday it has lowered its projection of 52 billion yen in group net profit to 30 billion yen for fiscal 2001 due to an extraordinary loss of 41.5 billion yen in restructuring costs.
JAPAN
Feb 5, 2002

Topix closes at new 17-year low

The Tokyo Stock Price Index closed Monday below 950 for the first time since April 1985 as Prime Minister Junichiro Koizumi's policy speech to the Diet failed to ease investors' worries over a possible delay in structural reforms.
BASEBALL / MLB
Feb 2, 2002

BayStars get new owners

Seafood manufacturer Maruha Corp. said Thursday it has signed a deal with Tokyo Broadcasting System Inc. and a TBS affiliate for the transfer of ownership of Central League baseball club Yokohama BayStars.
BUSINESS
Feb 2, 2002

UFJ to dip into capital reserves

UFJ Bank has announced that it will use about 630 billion yen from its legal capital reserves to replenish its retained earnings, the key source of funds for dividend payments, in a bid to boost its finances.
BUSINESS
Feb 1, 2002

Ministry panel to weigh creation of economic zones

The Ministry of Economy, Trade and Industry asked an advisory panel Thursday to look into the creation of more special economic zones in Japan in an attempt to reinvigorate the sluggish economy.
BUSINESS
Feb 1, 2002

Tokio, Asahi Mutual scrap tieup

The merger of Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co.'s life insurance businesses, touted for March 2003, has been scrapped. The decision, reached during a meeting Thursday morning between Tokio Marine President Kunio Ishihara and Asahi Mutual President Yuzuru Fujita, has...
BUSINESS
Feb 1, 2002

Nippon Shinpan's board OKs asset sales

Nippon Shinpan Co. said Thursday its board has approved a basic agreement with a Japanese investment fund over the sale of a majority equity stake in Kokunai Shinpan Co., one of its consumer credit arms.
BUSINESS
Jan 31, 2002

Public funds won't help banks, Mizuho exec says

A fresh injection of public funds would hamper, not help, Japan's banks, a banking official tapped to be the next president of the Mizuho Holdings Inc. banking group said Wednesday.
JAPAN
Jan 29, 2002

Olympus develops DNA computer

Olympus Optical Co. said Monday it has developed a DNA computer capable of high-speed, fully automated, quantitative gene expression profiling.
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

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