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JAPAN
May 4, 1999

Daiei says aloha to Ala Moana for $810 million

Debt-ridden supermarket chain Daiei Inc. has finished negotiations to sell the upscale Ala Moana Center mall in Hawaii to major U.S. shopping mall operator General Growth Properties Limited Partnership, company officials said Tuesday.
JAPAN
Apr 26, 1999

Daiwa group launches holding firm operations

Daiwa Securities Group Inc. kicked off operations as a holding company Monday, placing four separate firms under its wing.
JAPAN
Apr 19, 1999

Cyberspace offers chance to study business at USC

Beginning in September, Japanese will have the opportunity to take a University of Southern California business course in their homes -- using the Internet and satellite TV.
JAPAN
Apr 15, 1999

IDC board votes in favor of NTT's takeover offer

In a move that could trigger a trade row between Tokyo and London, the board of International Digital Communications Inc. voted Thursday in favor of a takeover bid by Nippon Telegraph and Telephone Corp. over one by Britain's Cable & Wireless PLC.
JAPAN
Apr 14, 1999

NTT eyes IDC buyout as C&W stands by

Nippon Telegraph and Telephone Corp. will buy out International Digital Communications Inc. if the international service carrier unanimously agrees to the deal, NTT President Junichiro Miyazu said Wednesday.
JAPAN
Apr 13, 1999

DDI, IDO mulling cell phone integration

Top executives of DDI Corp. and IDO Corp. indicated Tuesday that they are considering integrating their cellular phone operations to compete against cellular giant NTT Mobile Communications Network Inc., known as NTT DoCoMo.
JAPAN
Apr 9, 1999

More students get serious about part-time work

OSAKA -- More students are taking their part-time jobs seriously as training for the future despite decreasing pay during Japan's economic slump, according to a survey released Friday of 500 students in the Kansai region.
JAPAN
Apr 5, 1999

Sony invests in Internet brokerage

Sony Corp. on Monday established a preparatory company jointly with Oki Matsumoto, a limited partner at Goldman Sachs & Co. of the United States, to enter the Internet securities business, Sony officials said.
JAPAN
Apr 2, 1999

Japan Inc. to pull back on capital investment

Japanese corporations intend to spend 7.7 percent less on plant and equipment investment in fiscal 1999 than compared with the year ended Wednesday, according to the results of a survey released Friday by the Industrial Bank of Japan.
JAPAN
Apr 2, 1999

First bullfight delights recruits, irks activists

Staff writer
EDITORIALS
Mar 31, 1999

A token gesture ...

Here is an apt symbol for our era. At a news conference in New York earlier this month -- actually, on the very day that the Dow Jones Industrial Average briefly bested the 10,000 mark for the first time -- the U.S. toy and game maker Hasbro Inc. announced the results of a campaign to choose a new token...
JAPAN
Mar 17, 1999

Analysis: Nissan's troubles deeper than Renault's pockets

Nissan Motor Co.'s long road to reconstruction and the ongoing realignment of Japan's automobile industry is far from over -- in fact it may have only just begun, according to auto industry observers.
JAPAN
Mar 11, 1999

Nissan, Renault headed for full-scale talks

Nissan Motor Co. and Renault SA were poised to step up their capital tieup talks Thursday with Japan's No. 2 automaker facing a potentially devastating downgrade in creditworthiness.
JAPAN
Mar 5, 1999

Domestic PC shipments stayed steady in '98

The total shipment of personal computers on the domestic market in 1998 remained at the same level as the previous year, as the home computer market grew 28.4 percent but the corporate market shrank 10 percent, a private high-tech research firm said Friday.
JAPAN
Mar 4, 1999

Sony-Toshiba venture to power PlayStation2

Toshiba Corp. and Sony Computer Entertainment Inc. announced Thursday they will establish a joint venture to produce a 128-bit central processing unit for Sony's next-generation video machine.
JAPAN
Mar 2, 1999

Sony lifts veil on next-generation PlayStation

Sony Computer Entertainment Inc. gave a preview Tuesday of the new graphics and massive calculating power of its next-generation video game machine, announcing plans to release a successor to its No. 1 PlayStation this winter.
JAPAN
Mar 1, 1999

Recruit sells building to U.S. firms

Recruit Co., a major information service company, has sold its office building in front of JR Kawasaki Station to two U.S real estate firms as part of efforts to reduce its huge debts, informed sources said Monday.
JAPAN
Feb 5, 1999

AmEx exec sees silver lining to recession

While the nation's economy is reeling from years of recession, eroding the confidence of many players in the financial industry, Ian Marsh, president of American Express International Inc., Japan, says now is the time to invest in the Japanese market.
JAPAN
Feb 5, 1999

Investors OK Daiwa as holding firm

Daiwa Securities Co. obtained shareholder approval Friday for its plan to convert itself into a holding company in April with more than 10 firms under its wing.
JAPAN
Feb 2, 1999

Fukushima urges Japan, U.S. to talk over trade differences

Now that Washington has decided to revive the controversial "Super 301" procedure, Japan should start market-opening discussions with the U.S. to prevent trade conflicts, according to Glen S. Fukushima, a former deputy assistant U.S. trade representative for Japan and China.
JAPAN
Feb 2, 1999

Dentsu to acquire stake in Nomura IR

In a bid to move into the potentially lucrative investor relations business, Dentsu Inc. announced Tuesday that it will acquire a 10 percent equity stake in Nomura Investor Relations Co., an affiliate of Nomura Securities Co.
JAPAN
Jan 27, 1999

Asahi Chemical to sell food operations to JT

Asahi Chemical Industry Co. and Japan Tobacco Inc. have reached an agreement to transfer Asahi's food business operations to the tobacco giant, including Asahi Foods Corp. and seven other subsidiaries, on July 1, the two firms announced Wednesday.
JAPAN
Jan 22, 1999

American Express plans securities firm

American Express Financial Advisors Inc., a financial planning company within the American Express group, will launch business in Japan as a securities firm, company officials announced Friday.
JAPAN
Jan 22, 1999

NTT acquires 80% stake in AutoWeb

Nippon Telegraph and Telephone Corp. purchased an 80 percent stake in AutoWeb Communications Inc., a computer software company in the United States, the carrier announced Friday.
JAPAN
Jan 22, 1999

New Keizai Doyukai chief aims to revise Japan's image

Fuji Zerox Co. Chairman Yotaro Kobayashi, the newly appointed chairman of the Japan Association of Corporate Executives (Keizai Doyukai), expressed hope Friday that he will be able to give foreigners a clear picture of a changing Japan in his new position.
JAPAN
Jan 21, 1999

Hayami knocks LDP bid to override Deposit Insurance Law

Bank of Japan Gov. Masaru Hayami said Thursday that he is opposed to postponing the launch of a "payoff" system in which the government will limit guaranteed deposit refunds to 10 million yen per depositor at banks that go bankrupt.
JAPAN
Jan 20, 1999

Daiei president steps down to speed restructuring efforts

Daiei Inc. Chairman and President Isao Nakauchi, who established the nation's largest supermarket chain operator, relinquished his post as president to accelerate its restructuring efforts, Daiei officials said Wednesday.
JAPAN
Jan 18, 1999

Solution for Japan Inc. on the way: Yosano

By the end of this month, the government will map out a concrete scheme to help resuscitate the competitiveness of the nation's manufacturing and other industrial sectors, Kaoru Yosano, international trade and industry minister, said Monday.
JAPAN
Jan 18, 1999

E-mail boosts use of real thing, Pitney Bowes' CEO says

Despite the growing use of electronic mail and electronic business systems, the market for physical mail systems will continue to grow as new technologies generate new business opportunities, according to the chairman and chief executive officer of a leading mailing system company.
JAPAN
Jan 14, 1999

Imported auto show dampened by recession

The nation's largest imported automobile trade show started Thursday in Tokyo, with the number of participating companies and cars on display significantly decreased from previous shows amid the economic slump.

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