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BUSINESS
Feb 18, 2009

Suzuki Motor to review Russia expansion plans

Suzuki Motor Corp. said Tuesday it will review its plans for expanding in Russia because the car market there may shrink more than 30 percent this year.
BUSINESS
Feb 18, 2009

Honda CEO ties slump to high yen

Honda Motor Co. expects no relief from the worst domestic economy in 35 years unless the yen weakens.
BUSINESS
Feb 17, 2009

GDP plunge worst in 35 years

The economy plummeted at an annualized pace of 12.7 percent in the three months through December, the worst fall in the past 35 years. Gross domestic product for 2008 shrank 0.7 percent in real terms, compared with 2.4 percent growth in 2007.
Reader Mail
Feb 15, 2009

Model for enterprising youths

Alex Martin's Feb. 11 article, "Shoe shiner buffs his trade into fine art," is a remarkable story of determination, humility, entrepreneurialism and a sharp mind for business growth. Yuya Hasegawa has raised shining shoes to an art form. The article doesn't mention the fact that there's a definite psychological...
JAPAN / Media / MEDIA MIX
Feb 15, 2009

The recession will lead to a downturn in media quality

Every day there is more gloomy news about a major manufacturer or retailer or service company cutting jobs — and not just a few dozen here or there, but thousands, tens of thousands. No one gets out alive, except self-made billionaires and McDonald's, which is doing quite well, apparently. People will...
Japan Times
COMMUNITY / Our Lives / WORDS TO LIVE BY
Feb 12, 2009

State minister Seiko Noda

Seiko Noda, 48, is Japan's state minister in charge of science and technology policy, food safety, consumer affairs and space policy. As a member of the ruling Liberal Democratic Party and of Prime Minister Taro Aso's Cabinet, she is entrusted with running 21 different departments. Not one to crack under...
LIFE / Language / BILINGUAL
Feb 11, 2009

Love not an option as the big chill settles in

A phrase heard often this winter is samusa ga mini shimiru (寒さが身に沁みる, the chill settles right into the bones), as everything — from the weather to office temperature to the predicted wintry fukeiki (不景気, bad economy, bad times) of Valentine’s Day chocolate sales — seems...
BUSINESS
Feb 10, 2009

Machinery orders off a third month

Orders for machinery fell for a third month in December as businesses scrapped investment plans amid a collapse in exports and deteriorating earnings.
BUSINESS
Feb 10, 2009

Corporate bankruptcies up 15.8% as funds grow scarce

Corporate bankruptcies rose for an eighth month in January as the deepening recession weakened sales and made it harder for businesses to get funds.
BUSINESS
Feb 6, 2009

Softbank profit fell in third quarter

Softbank Corp. said its third-quarter net income fell 64 percent in the absence of a one-time gain.
BUSINESS
Feb 5, 2009

Fujitsu allows workers to moonlight to make ends meet

In a sign of the times, major electronics firm Fujitsu Ltd. is allowing some of its factory workers to hold second jobs to compensate for shorter working hours and lower wages amid the deepening recession, the company said Wednesday.
Japan Times
JAPAN
Feb 5, 2009

Eighth-century gift to Emperor going on block

An eighth-century tortoise-shell vanity box, said to be a gift from the Tang Dynasty palace to Emperor Shomu, will be auctioned in Hong Kong and may fetch more than $5 million, according to Sotheby's.
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
Feb 3, 2009

In an ideal world, where would you choose to retire?

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