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August 13, 2025
 

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BUSINESS
Jun 22, 2005

Banks to adhere to planned law on theft compensation

Banks will amend their current business rules in line with legislation submitted to the Diet designed to offer broader compensation to victims of bank-card crimes, the head of the industry said Tuesday.
Japan Times
BUSINESS
Jun 18, 2005

Shinsei aims for new online services, CEO-in-waiting says

Shinsei Bank Ltd. plans to offer new online banking services in a few months, the next president and chief executive officer said Friday.
BUSINESS
May 24, 2005

Mizuho profit up 54.2% on improved bad debts

Mizuho Financial Group Inc., the nation's biggest banking group by assets, said Monday its group net profit for the last business year rose 54.2 percent from a year earlier amid the economic recovery and strong corporate earnings.
BUSINESS
May 21, 2005

Odakyu berated over bogus data

Financial Services Minister Tatsuya Ito slammed three firms of the Odakyu Electric Railway Co. group Friday for failing to correct fabricated financial statements regarding the identity of their shareholders.
BUSINESS
May 14, 2005

Victims slam report, cite absence of bankbook provisions

Friday's report on compensation related to bank card-related fraud has drawn fire from fraud victims and their lawyers, who claim it fails to adequately address the problem.
JAPAN
Apr 5, 2005

Cabinet OKs compromise postal plan

After compromising with the Liberal Democratic Party, Prime Minister Junichiro Koizumi's Cabinet adopted a watered-down plan Monday to privatize the state-run postal services by 2017.
EDITORIALS
Mar 15, 2005

New leadership in Hong Kong

Hong Kong's chief executive, Mr. Tung Chee-hwa, resigned last week. His departure was in keeping with his entire term as chief executive: confused, messy and ultimately damaging to his office and Hong Kong itself. His replacement must break that tradition and restore the luster to Hong Kong's image....
BUSINESS
Mar 1, 2005

SMFG expects 240 billion yen loss on loan writeoffs

Sumitomo Mitsui Financial Group Inc. said Monday it expects to record a 240 billion yen group net loss for the current financial year.
BUSINESS
Feb 19, 2005

FSA to assess banks' credit checks

The Financial Services Agency will conduct special inspections to ensure major banks have properly assessed the creditworthiness of their major borrowers for the year through March 31, Financial Services Minister Tatsuya Ito said Friday.
Japan Times
BUSINESS
Jan 27, 2005

Yamaichi Securities creditors hold last gathering

Creditors of Yamaichi Securities Co. held their last meeting Wednesday, completing bankruptcy procedures for the major brokerage whose collapse in 1997 nearly set off a nationwide financial crisis.
BUSINESS
Dec 15, 2004

MMC won't release new rehab plan until next month to 'redefine strategy'

Struggling automaker Mitsubishi Motors Corp. said Tuesday it will postpone the release of its new rehabilitation plan until the end of January.
JAPAN / Media / MEDIA MIX
Nov 7, 2004

Comedian Shinsuke looks to be at wits' end

Social distinctions related to class, ethnicity, gender and sexual orientation that mean a lot in everyday life tend to mean less in the world of show business. Indeed, it's one of the few places where the normally dispossessed can expect an even break, especially in Japan.
BUSINESS
Oct 7, 2004

METI considers hostile-takeover defenses

Fear over a swarm of hostile takeover attempts by foreign firms has prompted the government to examine whether Japanese companies can adopt U.S.-made defensive measures under the nation's legal framework.
JAPAN
Aug 7, 2004

Japan Post faces four-way split under compromise plan

Prime Minister Junichiro Koizumi's top policy panel unveiled plans Friday to split Japan's mammoth postal operations into four separate entities by 2017 at the latest.
Japan Times
JAPAN
Jul 18, 2004

Dental donation scandal widens

Tamisuke Watanuki, a former speaker of the House of Representatives, has admitted to accepting a 5 million yen donation from the scandal-tainted Japan Dental Association, his office said Saturday.
COMMENTARY / World
Jul 6, 2004

Pie-in-the-sky Asian monetary reform

GUATEMALA CITY -- Following the experiences of the European Union's euro zone, a common currency area for Asia has been widely discussed. Even though an Asian monetary union is a fantasy that ignores both economic and political realities, respectable economists have bought into the idea.
BUSINESS
May 18, 2004

Tight lid urged on swelling budgets, welfare outlays

The government should set a clear target to limit snowballing social welfare costs and keep budget deficits from swelling further, an advisory committee to Finance Minister Sadakazu Tanigaki said in a policy proposal Monday.
JAPAN
May 18, 2004

UFJ Holdings faces 100 billion yen net loss

UFJ Holdings Inc., one of Japan's top four banking groups, will probably book a net loss of some 100 billion yen for 2003, with its loan-loss charges having swelled to about 1 trillion yen, banking sources said Monday.
JAPAN
Apr 29, 2004

Key ministers admit ducking pension fees

Four more Cabinet ministers, including Chief Cabinet secretary Yasuo Fukuda, and opposition leader Naoto Kan said Wednesday they failed to pay mandatory premiums for the basic pension system.
BUSINESS
Feb 20, 2004

FSA to allow registered companies to enter trust business

The Financial Services Agency plans to allow individuals and nonfinancial firms to register to set up trust companies with limited operations.
BUSINESS
Dec 3, 2003

Mizuho Corporate Bank set to expand China business

Mizuho Corporate Bank President Hiroshi Saito said Tuesday the company will greatly expand operations to take advantage of the rapid growth of the Chinese economy.
COMMUNITY
Aug 31, 2003

What's it really like to win?

Everyone who buys a takarakuji ticket dreams of winning big, but what is it like to actually hit the jackpot? The Japan Times spoke with a 36-year-old who won a 100 million yen jackpot seven years ago, and heard how his win brought him a fortune -- and some hard lessons in life as well.
JAPAN
Jul 24, 2003

DPJ targets watchdog official over insurance merger role

The Democratic Party of Japan filed a criminal accusation Wednesday against Financial Services Agency Commissioner Shokichi Takagi, blaming him for trying to pressure Tokio Marine & Fire Insurance Co. to consolidate with an ailing life insurance firm last year.
Japan Times
BUSINESS
Jul 18, 2003

Foreign banks excel in lending with measure of risk, realism

Reiko Kinoshita, senior vice president of Tokyo Star Bank's principal finance division, doesn't mince words. Neither she nor her clients have the time.
Japan Times
BUSINESS
May 30, 2003

Is Resona the tip of the iceberg?

The whistle-blowing erupted a few days before May 17, the day Resona, the nation's fifth-largest banking group, announced its capital had tumbled below regulation levels.
BUSINESS
Apr 15, 2003

Business groups seek a freeze on capital gains tax

The nation's three major business lobbies, hoping to bolster stock prices from their 20-year lows, called Monday for a freeze on the tax on capital gains from the sale of shares.
Millions told to evacuate as heavy rain sparks flooding and landslides in Kyushu
Heavy rain falls in the city of Kumamoto on Monday morning.
Osaka Expo ticket sales exceed break-even point
Visitors to the Osaka Expo line up for pavilions on Friday.
Chinese vessels collide while pursuing Philippine boat in South China Sea
This handout video grab released and taken on August 11, 2025 by the Philippine Coast Guard shows an incident between a Chinese Navy vessel (left) and a Chinese Coast Guard ship as seen from a Philippine fisheries boat near Scarborough Shoal in the disputed South China Sea.
Britain’s Prince of Wales aircraft carrier makes Japan debut
HMS Prince of Wales arrives into the Port of Darwin, Australia, in July during Exercise Talisman Sabre 2025.
Japan's Nikkei 225 hits record high on tariff and rate optimism
Stocks in Tokyo rallied on Tuesday despite months of uncertainty and general economic concerns.
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Australia's warship selection signals Japanese defense industry's arrival
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan’s defense industry.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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