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BUSINESS
Oct 30, 2001

Nomura eyes tieup with U.S. bank

The Nomura Securities Co. group is negotiating a tieup with U.S. investment bank Thomas Weisel Partners LLC, the Japanese brokerage said Monday.
JAPAN
Oct 30, 2001

Adult smoking rate drops for sixth consecutive year

The smoking rate among Japanese adults dropped to a record low of 32.7 percent in May, down 0.2 percentage point from a year earlier for a sixth consecutive year of decline, according to a recent report by Japan Tobacco Inc.
BUSINESS
Oct 30, 2001

Hikari Tsushin falls 56 billion yen into red

Cellular phone subscription agent Hikari Tsushin Inc. said Monday its group fell into the red during the business year that ended Aug. 31, posting net losses of 56.35 billion yen.
BUSINESS
Oct 27, 2001

Fence-mending over, friendship committee goes to work

Taking its cue from Prime Minister Junichiro Koizumi's largely successful fence-mending trip to China, Japan will formally inaugurate a blue-ribbon troupe to prepare for an extravaganza commemorating the 30th anniversary of bilateral diplomatic ties.
BUSINESS
Oct 27, 2001

Market slump damages Daiwa's interim earnings

Daiwa Securities Group Inc. said Friday its group pretax profit for the first half of fiscal 2001 plunged 98.9 percent from a year earlier to 1.18 billion yen.
BUSINESS
Oct 26, 2001

NTT dials in reform program

Nippon Telegraph and Telephone Corp. unveiled on Thursday a reform program to cope with recent changes in the telecommunications industry and revised downward its sales projection from 12.1 trillion yen to 11.94 trillion yen for this business year.
BUSINESS
Oct 25, 2001

Shiokawa slams bond-issuance plan

Finance Minister Masajuro Shiokawa on Wednesday countered a bond-issuance plan floated by Heizo Takenaka, economic and fiscal policy minister, that aims to help the Cabinet achieve its 30 trillion yen bond issue cap for fiscal 2001.
BUSINESS
Oct 25, 2001

Support key to Moody's bank ratings

Moody's Investors Service Inc. said Wednesday that when it rates financial institutions affiliated with the Japanese government, it emphasizes the level of commitment the state gives them more than the institutions' own financial health.
JAPAN
Oct 25, 2001

Curbs urged on South Korean DRAM

Four major electronics makers may ask the government to impose punitive duties on what they call unfairly cheap semiconductor imports from South Korea, industry sources said Wednesday.
CULTURE / Film
Oct 24, 2001

TIFF take 14

Japan has one of the largest film markets in the world. Accordingly, every year the Tokyo International Film Festival serves up world cinema on a grand scale, screening more than 140 films over the course of a week.
BUSINESS
Oct 23, 2001

Auctioneer to buy Dreamland site

Daiei Inc. will sell the 130,000-sq.-meter plot on which Yokohama Dreamland sits to used-car auctioneer USS Co. for roughly 9 billion yen after the amusement park closes in February, company officials said Monday.
BUSINESS
Oct 20, 2001

Yasuda cracks the whip on merger procedure

Yasuda Fire & Marine Insurance Co. and two other nonlife insurers will try to hasten work on their coming merger, the insurer's president said Friday.
BUSINESS
Oct 20, 2001

Daimaru in red ink for first half

Department store operator Daimaru Inc. said Friday that it posted a group net loss of 15.83 billion yen for the six months to Aug. 31, a sharp reversal from the 1.33 billion yen profit marked in the same period a year earlier.
JAPAN
Oct 19, 2001

Automakers rev up search for ultimate clean car

Driven by concerns over global warming and the prospect of tougher restrictions, automakers worldwide have moved up a gear in the race to build the ultimate clean car.
JAPAN
Oct 19, 2001

Failure of Japan's reforms may cause global crisis

Although economic issues appear to have recently taken a back seat in Japan-U.S. relations -- particularly since the Sept. 11 terrorist attacks -- the failure of Japan's economic reform initiatives could lead to another financial crisis that would also have a serious impact on the U.S., warned a U.S....
BUSINESS
Oct 18, 2001

Hands-free messages set for debut

Nippon Telegraph and Telephone Corp. and Honda Motor Co. have developed a new communication system for vehicles that lets drivers exchange e-mail and make telephone calls without using their hands.
BUSINESS
Oct 18, 2001

Pocari Sweat gets space-based ad

Advertising agency Dentsu Inc. said Wednesday it will head into space to shoot a television commercial on the International Space Station for the popular sports drink Pocari Sweat.
BUSINESS
Oct 18, 2001

Moody's eyes JBIC's Aa2 bonds

Moody's Investors Service Inc. assigned an Aa2 rating Wednesday to two types of yen-denominated domestic bonds newly issued by the Japan Bank for International Cooperation. At the same time, however, it placed the ratings under review for possible downgrade.
BUSINESS
Oct 17, 2001

Sharp in wireless deal with U.S. firm

OSAKA -- Sharp Corp. said Tuesday it will tie up with Soma Networks Inc. of the United States to develop next-generation high-speed wireless data communications systems and devices for households.
BUSINESS
Oct 17, 2001

U.S. urges higher transparency for telecom services

The United States has urged Japan to establish an independent telecommunications regulatory authority to provide a competitive framework for telecom services.
BUSINESS
Oct 17, 2001

Network firms hosting seminars

Three network solution providers will host seminars to introduce services targeted at corporations on Oct. 23 in Osaka and Oct. 26 in Tokyo.
JAPAN
Oct 16, 2001

Ministry posts U.S. anthrax guidelines

The health ministry has posted a Japanese version of U.S. guidelines for handling anthrax threats on its Web site after one person was killed and several others exposed to the fatal disease in the United States earlier this month, ministry officials said Monday.
BUSINESS
Oct 13, 2001

NTT stalling on competition plan

NTT Corp. has yet to submit a plan aimed at promoting competition in the telecom market as it is still reluctant to reduce equity stakes in its group firms, telecom minister Toranosuke Katayama said Friday.
BUSINESS
Oct 13, 2001

Chinese tariffs to cost Japan's car firms 420 billion yen

Carmakers are likely to miss out on 420 billion yen in earnings in 2002 if China retains its retaliatory import tariffs on Japanese vehicles, the Japan Automobile Manufacturers Association Inc. said Friday.
BUSINESS
Oct 13, 2001

New Daiwa holding firm to be set up on Dec. 12

OSAKA -- Daiwa Bank and two regional banks said Friday they have agreed on the final terms of their planned management integration, including a decision to set up a new holding company on Dec. 12.
BUSINESS
Oct 12, 2001

Continental offers fare reductions

In a bid to woo back decreasing overseas passengers, Continental Airlines Inc. said Thursday it will offer discounts for couples from seven Japanese airports either to Saipan or Guam from Sunday to Nov. 10.
BUSINESS
Oct 12, 2001

Heiwado seeks control of several Mycal outlets

OSAKA -- Supermarket chain Heiwado Co. said Thursday it has applied to take over some outlets of the failed Mycal Corp.
BUSINESS
Oct 12, 2001

Canon, Toshiba to tie on SOI wafers

Canon Inc. and Toshiba Corp. said Thursday they will jointly develop new-generation wafers that will produce faster, more energy-efficient semiconductors.
BUSINESS
Oct 11, 2001

Aeon notches new records in first-half sales and profits

Aeon Co., which runs the Jusco supermarket chain, logged record sales and pretax profits on a consolidated basis for the first half of this business year, company officials said Wednesday.

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