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BUSINESS
Jan 17, 2009

Budget-balancing goal pie in sky?

Even if the economy recovers, the primary budget balance will remain in deficit for the next decade unless the consumption tax is raised incrementally beginning in fiscal 2011, the government said in a report Friday.
Japan Times
LIFE / Food & Drink
Jan 16, 2009

Japanese wine: unadulterated and ready to go abroad

The image most people have of Japanese wine is of the ¥500 plonk sitting next to the synthetic beer and sickly sweet chu-hi cocktails on the shelves of their local convenience store; of the cheap and decidedly dismal stuff of lost weekends and discarded personal dignity.
BUSINESS
Jan 15, 2009

Mitsui O.S.K. trims expansion plan

Mitsui O.S.K. Lines Ltd., the world's largest merchant fleet operator, will reduce its expansion plans by 50 ships as worldwide demand for sea cargo shrinks.
COMMENTARY / World
Jan 14, 2009

Chance for East Asian security cooperation

East Asian regional security cooperation has been a long sought-after but elusive goal for decades. Hindered by a lack of Chinese transparency, U.S. distrust and Japanese political uncertainty, options for serious dialogue and, more important, active participation in a long-term security regime for the...
LIFE
Jan 11, 2009

A meeting of minds

OXFORD ENGLAND — The last leaves were falling and the world was plunging into an economic crisis as journalists from around the world gathered for a meeting in England. The venue, though, was not a conference room in the financial hub of the City of London, but the ancient university city of Oxford,...
BUSINESS
Jan 10, 2009

Nippon Steel may double output cut

Nippon Steel Corp., the world's second-largest steelmaker, may double its planned production cuts by closing a blast furnace for maintenance as the global recession dampens demand.
Japan Times
JAPAN
Jan 9, 2009

Collagen — skin-deep in myth?

The craze over skin-smoothing collagen has spread to "nabe" hotchpotch, with restaurants serving up the protein-rich fare — usually in the form of pig's knuckles — getting prominent play on TV and in magazines.
COMMENTARY / World
Jan 7, 2009

Managing fads, frenzies and finance markets

BARCELONA — The financial crisis, credit crunch and ensuing economic downturn have severely damaged the credibility of financial markets, institutions and traders. More and more people are claiming that markets are characterized by irrationality, bubbles, fads and frenzies, and that economic actors...
Japan Times
JAPAN
Jan 6, 2009

Hibiya Park tent city for jobless closes down

Some 500 jobless people, many of them laid-off temp workers, who spent the New Year's period encamped in Hibiya Park were relocated Monday to four other sites arranged by the welfare ministry after volunteers closed the temporary shelter in the heart of Tokyo.
Japan Times
CULTURE / Music
Jan 1, 2009

J-pop prepares an assault on the West in '09

I wouldn't want to shout about it (since it might upset your New Year's hangover), but 2009 might just be the year that J-pop goes global. Several heavy hitters have set their sights on Western domination this year, and more than ever, their chances seem good.
Japan Times
CULTURE / Film
Jan 1, 2009

The battle for 2009's box office starts here

The Japanese film industry — particularly at the top, where Toho and the TV networks dwell — had a terrific 2008. Boosted by Hayao Miyazaki's animation "Gake no Ue no Ponyo" ("Ponyo on the Cliff by the Sea"), which earned a splendiferous ¥15 billion, Toho passed the ¥70-billion box-office mark...
BUSINESS
Dec 31, 2008

Sony reduces production cost of PS3 35%; may lead to price cut

Sony Corp. has reduced the cost of building the PlayStation video-game console by 35 percent, part of a push to make the division profitable and possibly paving the way for a price cut next year.
Japan Times
BUSINESS / TAKING A CHANCE
Dec 30, 2008

For hotelier, budget prices at resorts are an easy sell

Naoki Yamanaka, president of hotel operator Shiki Resorts Co., wants more Japanese to appreciate the seasonal changes that bless this country.
BUSINESS
Dec 30, 2008

Japanese economy to shrink 6.5%, Bank of America predicts

Japan's economy may shrink at an annual 6.5 percent pace this quarter, Bank of America Corp. said after reports last week showed industrial production and exports posted their biggest declines on record.

Longform

Once smoky, male-dominated spaces, today's net cafes, like Kaikatsu Club, are working to make their operations more attractive to women customers.
The second life of Japan's net cafes