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BUSINESS
Jan 6, 2001

Four major department stores plan to merge home deliveries

Four of Japan's leading department store chains will jointly launch in April a unified goods home-delivery system in Tokyo and end their separate services, Mitsukoshi Ltd. said Friday.
JAPAN
Jan 5, 2001

Asahi, IHT to jointly publish daily

Major national newspaper Asahi Shimbun Co. will jointly publish an English-language newspaper in Japan with the International Herald Tribune, the Japanese daily said Thursday.
BUSINESS
Jan 4, 2001

Redevelopment hits Tokyo's heart

For the moment, it remains an enormous no man's land in the heart of Tokyo, with the only signs of life the numerous cranes, prefab huts and foundations that indicate construction projects are under way.
BUSINESS
Jan 3, 2001

Mobile carriers limited calls at New Year

Mobile phone carriers, including NTT DoCoMo Inc., limited the number of calls that subscribers were allowed to place from late Sunday to early Monday for fear of being swamped with demand as the 21st century began, company officials said.
BUSINESS
Jan 3, 2001

Let Aibo tell you about brand image

Ku-Ku the kitten was top cat in the battle of the robo-pets in 2000, but guess which bionic beast got to snuggle up to Janet Jackson?
BUSINESS
Dec 29, 2000

UFJ Holdings to consolidate asset management into two firms

Sanwa Bank, Tokai Bank and Toyo Trust & Banking Co., due to combine forces in a joint holding company called UFJ Holdings Inc. in April, will consolidate their asset management business into two firms, the three banks said Thursday.
BUSINESS
Dec 27, 2000

Chiyoda's debts likely much higher

Chiyoda Mutual Life Insurance Co.'s liabilities are estimated to have exceeded its assets by some 500 billion yen, about 15 times higher than its earlier publicized negative net worth of 34.3 billion yen, industry sources said Tuesday.
BUSINESS
Dec 26, 2000

Mycal to shut 45 stores, cut jobs in restructuring

OSAKA -- Major retailer Mycal Corp. plans to close some 45 struggling stores and cut about 1,500 jobs from its group workforce by introducing an early retirement program, company officials said Monday.
BUSINESS
Dec 25, 2000

Demise of IT bubble compares with '80s Japan

Signs of a slowdown in the U.S. economy are growing, and the most symbolic of them is the decline of the technology-laden Nasdaq index. The Nasdaq composite index, which stood at 3,700 points at the end of last year, shot up into the 5,000 range in May. But its plunge has also been quick, and it recently...
BUSINESS
Dec 23, 2000

Bridgestone credit rating cut to BBB-plus by S&P

Standard & Poor's Corp. said Friday it has lowered its long-term corporate credit rating on Japanese tire maker Bridgestone Corp. to BBB plus from A minus and removed the rating from CreditWatch, where it was placed Aug. 9.
JAPAN
Dec 23, 2000

Muroto taps nearby depths to get competitive edge

MUROTO, Kochi Pref. -- At first glance, it is hard to see what the following products have in common: bottled water, miso paste, bread, snacks and skin lotion.
BUSINESS
Dec 22, 2000

Dentsu announces first-half profit

Dentsu Inc., Japan's largest advertising agency, on Thursday announced consolidated net profit of 14.15 billion yen in the first half of fiscal 2000.
BUSINESS
Dec 22, 2000

Mori taps tech sector for IT advice

Prime Minister Yoshiro Mori has informally selected 10 people, including Sony Corp. Chairman Nobuyuki Idei, as members of his new team of Cabinet advisers for the government's information technology drive, Chief Cabinet Secretary Yasuo Fukuda said Thursday.
BUSINESS
Dec 22, 2000

Toshiba, Infineon to work on nonvolatile FeRAM

Toshiba Corp. of Japan and Infineon Technologies AG of Germany on Thursday announced an agreement to jointly develop nonvolatile ferroelectric random access memory (FeRAM) technology and products.
BUSINESS
Dec 19, 2000

18 of 41 applicants OK'd for CS digital broadcast licenses

An advisory panel to the posts and telecommunications minister on Monday selected 18 out of 41 companies and organizations that applied for licenses to begin next-generation interactive digital broadcasting services via so-called communications satellites.
BUSINESS
Dec 19, 2000

Daiei names more stores for closure

Ailing supermarket chain operator Daiei Inc. said Monday it will shut down its stores in Chiba Prefecture's Narita and Kisarazu and four other outlets by the end of February as part of a rehabilitation program that will shutter a total of 32 shops.
JAPAN
Dec 18, 2000

Japan to subsidize green rooftops

The Construction Ministry plans to offer subsidies from fiscal 2001 to encourage owners of major buildings to plant trees and vegetation on rooftops and other parts of their premises to combat rising temperatures in city centers, ministry officials said.
BUSINESS
Dec 15, 2000

Bridgestone cuts earnings forecast

Bridgestone Corp. on Thursday slashed its consolidated earnings forecasts for the business year to Dec. 31, after a scandal over faulty tires in the United States and elsewhere gouged the group's net profits by more than 80 percent from the initial projection.
BUSINESS
Dec 15, 2000

Ministry plans to approve 18 digital broadcast licenses

The Posts and Telecommunications Ministry plans to grant approval to 18 of the 41 companies and groups that applied for licenses to begin next-generation interactive digital broadcasting services via communications satellites, ministry officials said Thursday.
BUSINESS
Dec 15, 2000

NEC sells British arm in streamlining effort

NEC Corp. said Thursday it has sold its British operation for manufacturing mobile phones to a Canadian electronics firm as part of its effort to streamline production.
BUSINESS
Dec 14, 2000

Bank execs to aid Daiei rehab

Compiled from wire reports The four banks that have pledged to help ailing supermarket chain Daiei Inc. regain its financial footing are considering dispatching senior managers to clarify their support for its reconstruction, informed sources said Wednesday.
BUSINESS
Dec 14, 2000

Biggest union calls for performance-based pay

Nippon Telegraph and Telephone Corp.'s 210,000-strong labor union decided Wednesday to push for the adoption of a new wage system that gives priority to results rather than seniority.
BUSINESS
Dec 14, 2000

Japan set for B2B e-commerce explosion

Japan's business-to-business e-commerce market will grow faster than expected and develop in a unique way, according to Joseph Kim, president and chief executive officer of ICG Japan K.K. ICGJ provides financial and operational support to companies engaged in the B2B market.
BUSINESS
Dec 13, 2000

Brewers must beat problems to diversify, Moody's reports

While Japanese brewers will diversify into other beverage products to cope with the new dynamics of the domestic market, numerous obstacles to becoming comprehensive drink providers could undermine this reorientation and hurt credit quality, Moody's Investors Service Inc. said Tuesday in a special report....
LIFE / Digital / CYBERIA
Dec 13, 2000

Next stop Wirelessland

A funny thing happened on the way to work . .
JAPAN
Dec 12, 2000

United Cinemas expands with complex in Kanto

A new cinema complex operated by two Hollywood giants, Paramount and Universal, opened last week in Iruma, Saitama Prefecture, introducing Sony Dynamic Digital Sound and other cutting-edge sound technology.
BUSINESS
Dec 12, 2000

Vodafone courts JR firms for Japan Telecom stake

British telecom carrier Vodafone PLC is in final talks to acquire a 15 percent stake in Japan Telecom Co. for roughly $2.5 billion, industry sources said Monday.
BUSINESS
Dec 10, 2000

Panel wants NTT holding firm abolished

A government advisory panel is to call for the conditional dismantling of the current holding company structure of Nippon Telegraph and Telephone Corp., according to a final report the panel is scheduled to release on Dec. 21.
BUSINESS
Dec 8, 2000

Microscopic-object maker developed

NEC Corp., Seiko Instruments Inc. and Himeji Institute of Technology announced Thursday they have developed the technology to build complex microscopic objects using a gallium ion beam that enables, for example, the creation of what they say is the world's smallest wine glass in just 10 minutes.

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