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August 28, 2025
 

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BUSINESS
Jul 11, 2006

Nissan's rating could suffer from GM deal: Fitch

Fitch Ratings said Monday the ratings of Nissan Motor Co. could be negatively influenced if the proposal to include General Motors Corp. in its alliance with Renault SA becomes a reality even if positive synergies from the association are taken into account.
BUSINESS
Jul 8, 2006

Spending cuts, deferring sales tax hike, get nod

The Cabinet on Friday approved an economic policy guideline for 2006 aimed at shoring up the government's woeful finances with spending cuts and tax revisions, but leaves the dreaded consumption levy hike for a later administration to deal with.
EDITORIALS
Jul 8, 2006

Payback time after merging

The drama triggered when the Murakami fund, managed by maverick investor Mr. Yoshiaki Murakami, purchased a large chunk of Hanshin Electric Railway Co. shares came to an end last week as shareholders of both Hanshin and Hankyu Holdings Inc. voted for a merger. It is the first merger of major railway...
BUSINESS
Jul 5, 2006

Big life insurers apologize to policyholders

Major life insurance companies, reeling from a series of misdeeds, held their annual meetings of policyholders' representatives Tuesday.
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
Jul 4, 2006

Travel firm rapped over foreigner ticket policy

The nation's largest discount travel agency, HIS, which also runs foreigner-friendly No.1 Travel, has based the price of some air tickets from Japan on the nationality of the traveler, possibly in breach of Japanese law, The Japan Times has learned.
BUSINESS
Jul 4, 2006

MHI seeks U.S. nod on new reactor

Mitsubishi Heavy Industries Ltd. said Monday it has begun procedures with the aim of winning Washington's design certification for its new advanced pressurized water reactor by the end of 2011 to market it in the United States.
BUSINESS
Jun 28, 2006

Sompo Japan punishes 584 after suspension

Sompo Japan Insurance Inc. has punished 584 people in the wake of a business suspension order it received for misconduct related to thousands of cases of unpaid insurance benefits, the company said.
BUSINESS
Jun 27, 2006

KDDI, BT form alliance on networks

KDDI Corp. will begin providing global communications networks in August with BT Group PLC, mainly targeting leading Japanese companies carrying out overseas operations, the two companies said Monday.
JAPAN
Jun 27, 2006

Successor inherits ever-unpopular deficit mess

Most banks have shed their burden of bad loans. The Nikkei 225 average has recovered from rock bottom and the economy is finally picking up. But what about Japan's debt-ridden finances?
BUSINESS / JAPANESE PERSPECTIVES
Jun 26, 2006

Laws, morals and the delay of the financial products trade law

A mid the public uproar over insider trading prompted by the arrest of investment fund manager Yoshiaki Murakami, the Diet quickly enacted a new law to regulate transactions involving financial products on June 7. The legislation combines the previous Securities and Exchange and other laws in an attempt...
BUSINESS
Jun 21, 2006

Insurer Mitsui Sumitomo faces FSA sanctions

The Financial Services Agency is considering ordering Mitsui Sumitomo Insurance Co. to suspend sales of nonlife insurance policies as well as medical insurance products at all of its outlets for about two weeks as punishment for its nonpayment of insurance claims, FSA sources said Tuesday.
BUSINESS
Jun 20, 2006

Mitsui Sumitomo faces suspension

The Financial Services Agency is considering ordering Mitsui Sumitomo Insurance Co. to suspend part of its operations for inappropriate nonpayment of insurance claims, FSA sources said Monday.
COMMENTARY / World
Jun 19, 2006

China's monetary surge dooms its boom

ATLANTA -- Chinese monetary authorities raised their one-year benchmark rate by 27 basis points while allowing the deposit rate to remain unchanged at 2.25 percent. This move was mostly greeted with praise, but the change is trivial and will have little discernible impact on the Chinese economy or the...
CULTURE / Books
Jun 18, 2006

Roles that lead a company to success

THE TEN FACES OF INNOVATION by Tom Kelley and Jonathon Littman. Doubleday, 276 pp., 2005, $29.95 (cloth). "It's the smile, stupid."
Japan Times
LIFE / WEEK 3
Jun 18, 2006

Retro's where the future's at

Japan's talking heads of a liberal persuasion are clearly troubled by a rising nationalistic sentiment they detect throughout the land. But while speculation on the geopolitical consequences of any such shift may be an absorbing topic, trends in the world of culture -- and the changing tastes of consumers...
Japan Times
BUSINESS
Jun 17, 2006

Indoor play centers pricey but safe havens for kids

Parents often want their kids to play indoors because of bad weather, the threat of sunburn or other environmental factors, and increasingly, because of the fear of crime.
BUSINESS
Jun 17, 2006

Use sales tax hike on social security needs: Tanigaki

The government should use any hike in the consumption tax to fund future social security needs, Finance Minister Sadakazu Tanigaki said Friday.
Japan Times
CULTURE / Music
Jun 15, 2006

Fuji Rocking 10 years on

Fuji Rock Festival is the biggest event on the calendar for many Japanese and foreign residents alike. Sure, it costs a stack of cash to go, but the festival is not your typical commercial venture. Word on the street is that it has been anything but a money spinner for concert promoter Smash Japan. Instead,...
BUSINESS
Jun 15, 2006

LDP panel mulls consumption tax geared for welfare

The ruling Liberal Democratic Party's tax panel proposed Thursday to use consumption tax revenues for social security when the levy is raised in the future.
EDITORIALS
Jun 14, 2006

Do the right thing for emigrants

Faced with a graying population and a decreasing birth rate, Japan is now publicly debating whether to allow greater immigration to alleviate potential labor shortages in the future. Half century ago, however, in the wake of Japan's defeat in World War II, Japan was considering quite the opposite. To...
BUSINESS
Jun 13, 2006

Sompo insurance sales ban kicks in

A temporary ban on part of Sompo Japan Insurance Inc.'s business operations, ordered by the Financial Services Agency, took effect Monday as punishment for financial irregularities.
BUSINESS
Jun 13, 2006

Current account surplus declined 20% in April

The current account surplus fell 20.2 percent in April from a year earlier to 1.28 trillion yen, its first decline in three months, due mainly to higher oil prices and a rise in the services trade deficit, the Finance Ministry said Monday.
Philippine bid to acquire used Japanese warships gains steam
Tokyo is looking to transfer Abukuma-class vessels to the Philippines as part of broader efforts to boost the defense capabilities of like-minded neighbors amid growing Chinese military assertiveness in the region.
Japan Post to stop accepting some parcels for shipment to the U.S.
Japan Post's UGX will still be available for many rejected packages.
Japan aims to tighten rules for business manager visas from October
The number of foreign residents with business management residency status had reached a record 41,615 as of the end of 2024.
Tokyo releases AI-generated video of Mount Fuji erupting
A screenshot from an AI-generated video showing what could happen to Tokyo if Mount Fuji erupted
Character-crazed Japan has little appetite for Labubu
A pop-up advertisement for the newly opened Chiikawa Park in Tokyo's Ikebukuro neighborhood demonstrates how the country is chockful of cute characters — to the detriment of trends like Labubu.
Japanese prefectures break with labor ministry on minimum wage
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
Philippines quietly deepening ‘unofficial’ defense ties with Taiwan
Filipino soldiers take part in a flag-raising ceremony on Mavulis Island during a visit by the Philippines' Armed Forces chief of staff, in Batanes, the Philippines, in June 2023. Batanes, a group of idyllic islands at the country’s northernmost tip, sits about 160 kilometers from Taiwan.
Are 'coolcations' the answer for Japan's heat-weary tourists?
Hikers on a trail in Hakuba, Nagano Prefecture. As extreme heat continues to grip Japan, a tectonic shift may be underway in the nation’s summer tourism scene as more people gravitate toward cooler destinations.
Germany's first sakemaker offers a bold brew of ideas
Reigen, Germany's first sake brewery, makes a diverse, nontraditional range of sake that includes fruit-flavored sips and wine barrel-aged renditions.
Alicia Keys closed Summer Sonic, but J-pop owned it
Summer Sonic’s 2025 lineup demonstrated its strength, showcasing the latest in J-pop, including “new kawaii” act Fruits Zipper.

Podcast

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

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
By Alex K.T. Martin

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