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BUSINESS
Feb 20, 2001

Moody's downgrades Mitsui Mutual

Moody's Investors Service Inc. said Monday that it has changed its rating outlook for Mitsui Mutual Life Insurance Co. to negative from stable, due to increased uncertainty over Japan's life insurance industry as a whole.
BUSINESS
Feb 20, 2001

Moody's downgrades Mitsui Mutual

Moody's Investors Service Inc. said Monday that it has changed its rating outlook for Mitsui Mutual Life Insurance Co. to negative from stable, due to increased uncertainty over Japan's life insurance industry as a whole.
BUSINESS
Feb 20, 2001

Energy upstart Ennet outbids Kansai Electric

OSAKA -- A newcomer to the electric power retail market was awarded a one-year contract Monday by the Osaka Prefectural Government, making it the first company to outbid Kansai Electric Power Co. in the Kansai region since deregulation last March.
MORE SPORTS
Feb 19, 2001

Nobo True pockets year's first G1

American-bred Nobo True was right on the mark Sunday as he extended his winning streak to three with a 1 1/4-length victory over race favorite Wing Arrow in the February Stakes at Tokyo Racecourse.
BUSINESS
Feb 17, 2001

Kobe Steel to unload 75% stake in semiconductor venture

Kobe Steel Ltd. said Friday it has signed a contract for the sale of its stake in KMT Semiconductor Ltd., a joint venture with Micron Technology Inc. of the United States, to Micron Technology for $25 million.
BUSINESS
Feb 17, 2001

Joint venture plans online bank

Japan Electronic Settlement Planning Inc. has concluded a tieup agreement with U.S. online payment service provider PayPal for an electronic bank it plans to establish in April, the company has said.
BUSINESS
Feb 17, 2001

Joint venture plans online bank

Japan Electronic Settlement Planning Inc. has concluded a tieup agreement with U.S. online payment service provider PayPal for an electronic bank it plans to establish in April, the company has said.
BUSINESS
Feb 16, 2001

Revised L-mode plan submitted

In a bid to clear a legal hurdle, the two regional call firms of the giant Nippon Telegraph and Telephone group unveiled Thursday a revised plan to launch L-mode Internet access service for fixed-line phones.
BUSINESS
Feb 16, 2001

Cabbies, waiters and retailers predict a slowdown

Taxi drivers, waiters and workers in other sectors considered close to the man on the street in January were more pessimistic about the economy than in any other month since the government began conducting its so-called Economy Watchers poll a year earlier, the Cabinet Office said Thursday.
CULTURE / Books / THE ASIAN BOOKSHELF
Feb 12, 2001

Let the spring light the fires

THE PILLOW BOOK OF SPRING AND LAUGHTER: Eroticism in Meiji, Taisho and Showa Japan, by John Stevens. Tokyo: The East Publications, Inc. 156 pp., profusely illustrated, color plates/b/w photos. 4,200 yen. We associate spring pictures ("shunga") with the Edo period, lovers usually fully dressed with...
BUSINESS
Feb 9, 2001

Sony to take new IC cash card overseas

Sony Corp. plans to offer a new electronic payment service based on an integrated circuit card, domestically and overseas, company officials said Thursday.
BUSINESS
Feb 8, 2001

Overseas sales lift JT to net profit

Japan Tobacco Inc. said Wednesday that it posted a net profit of $10 million in overseas cigarette sales in 2000, a turnaround from a net loss of $16 million the previous year.
BUSINESS
Feb 8, 2001

Overseas sales lift JT to net profit

Japan Tobacco Inc. said Wednesday that it posted a net profit of $10 million in overseas cigarette sales in 2000, a turnaround from a net loss of $16 million the previous year.
BUSINESS
Feb 7, 2001

Softbank scales down Internet plans

Softbank E-commerce Corp., a wholly owned unit of Softbank Corp., announced its intention Tuesday to postpone the launch of eS! Music Corp., an online music providing service, and to stop supporting Internet businesses of small and midsize firms under the SmartAge name.
BUSINESS
Feb 6, 2001

Nikko plans to unload 50% of trust unit

Nikko Securities Co. is contemplating selling a 50 percent equity stake in its wholly owned trust banking subsidiary, Nikko Trust & Banking Corp., to Mitsubishi Trust & Banking Corp., company officials said Monday.
BUSINESS
Feb 6, 2001

Nikko plans to unload 50% of trust unit

Nikko Securities Co. is contemplating selling a 50 percent equity stake in its wholly owned trust banking subsidiary, Nikko Trust & Banking Corp., to Mitsubishi Trust & Banking Corp., company officials said Monday.
BUSINESS
Feb 6, 2001

Condos ride tax breaks to powerful market surge

The number of condominiums put up for sale in Japan's major cities in 2000 came to 182,067, the second-largest number on record, thanks to tax cuts for housing loan borrowers and low mortgage rates, the Real Estate Economic Institute said Monday.
JAPAN
Feb 4, 2001

Computer beginners more prone to virus attacks

Computer viruses are now reaching plague proportions, particularly among new users who are most vulnerable to a breed of virus that transmits through e-mail.
BUSINESS
Feb 3, 2001

State wants fast L-mode introduction

Telecommunications chief Toranosuke Katayama on Friday urged the two regional carriers of Nippon Telegraph and Telephone Corp. to revise their plans to introduce a limited Internet service for fixed-line phones.
BUSINESS
Feb 3, 2001

Sega to cut price of Dreamcast

Sega Corp. said Friday it will cut the price of its Dreamcast game console, production of which will be halted in March, in the United States and Japan to reduce inventory.
BUSINESS
Feb 2, 2001

JASDAC will manage OTC stock market

The Japan Securities Dealers Association on Thursday entrusted the comprehensive management of its over-the-counter stock market to Jasdaq Market Services Inc. (JASDAC), making it the first stock company to run a stock exchange in Japan, the JSDA said.
BUSINESS
Feb 2, 2001

Drug firm Kyorin to start U.S. firm

Kyorin Pharmaceutical Co. said Thursday it will launch a wholly owned U.S. unit in New Jersey in April to sell Kyorin products in the United States and import U.S. medicines to Japan.
JAPAN
Feb 1, 2001

Dirt-cheap Internet calls stun phone firms

The information technology revolution is beginning to rock major telephone companies with the successive debut of unprecedented services such as free international phone calls and flat-rate domestic out-of-town calls.
BUSINESS
Feb 1, 2001

Sega Corp. shuts down Dreamcast production

Video game giant Sega Corp. officially announced Wednesday it will halt production of its loss-making Dreamcast game console by the end of March and shift to game software.
BUSINESS
Feb 1, 2001

Ministry postpones decision on NTT Internet service

The ministry in charge of telecommunications will not authorize until after this fall a plan by regional telephone operators of Nippon Telegraph and Telephone Corp. to launch an Internet access service for fixed-line phones, ministry officials said Wednesday.
BUSINESS
Feb 1, 2001

Domestic PC shipments surge 32.1%

Domestic shipments of personal computers surged 32.1 percent in 2000 from the previous year to an all-time high of 13.24 million units, MultiMedia Research Institute Inc. 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