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BUSINESS
Aug 11, 2005

Softbank forecasting first operating profit since 2000

Softbank Corp. said Wednesday it is projecting a full-year operating profit for the first time since fiscal 2000 thanks to subscriber growth in its high-speed Internet connection services.
BUSINESS
Aug 10, 2005

JR West reports 4% increase in net profit

West Japan Railway Co. said Tuesday its group net profit in the April-June quarter rose 4.0 percent from a year ago to 13.87 billion yen despite the fatal April 25 train derailment in Amagasaki, Hyogo Prefecture.
Japan Times
CULTURE / Art / NEW ART SEEN
Aug 10, 2005

Market dreams of glory

Tokyo art collectors were out in force as the first-annual Tokyo Art Fair (TAF) debuted this past weekend (Aug. 6-8) at the Tokyo International Forum in Yurakucho. The fair saw participation from 81 galleries and art-related companies.
EDITORIALS
Aug 9, 2005

Mr. Koizumi raises the stakes

Prime Minister Junichiro Koizumi dissolved the Lower House on Monday after a rebellion within his Liberal Democratic Party in the Upper House killed the postal privatization bills, the centerpiece of his reform agenda. Despite his prompt countermove, Mr. Koizumi's overall political agenda has suffered...
BUSINESS
Aug 6, 2005

Investors train sights on Russia, Eastern Europe

With the investment boom in Chinese and Indian stocks waning, Japanese investors are shifting their focus to Eastern European and Russian shares.
Japan Times
JAPAN / 60 YEARS AND ONWARD
Aug 5, 2005

Postwar labor scene still grim for working women

Choice has been a long time coming for Japan's working women.
BUSINESS
Aug 5, 2005

Honda will go it alone on fuel-cell cars unless GM comes knocking

Honda Motor Co. will work alone to develop fuel-cell cars but is open to the idea of joint research with General Motors Corp., President Takeo Fukui said in an interview Thursday.
BUSINESS
Aug 5, 2005

S&P mulls downgrades for Sony

Standard & Poor's said Thursday it has placed ratings for Sony Corp. and its affiliates on credit watch with negative implications.
BUSINESS
Aug 4, 2005

State extends liquor-shop protections

The Diet passed a bill Wednesday to extend restrictions on the opening of new shops selling alcohol in "highly competitive" areas for another year to protect small and midsize liquor stores.
BUSINESS
Aug 2, 2005

Net income up better than 10% for three megabanks

Three of the nation's top four banking groups said Monday they saw net income for the April-June quarter rise more than 10 percent on a year-on-year basis thanks to a fall in costs linked to bad-loan disposals.
COMMENTARY / World
Aug 1, 2005

Bound by a common cause

LONDON -- When Chinese President Hu Jintao was in Moscow in early July, he sought to strengthen the "strategic partnership" between China and Russia that his predecessor, Jiang Zemin, and Russian President Vladimir Putin signed in Moscow four years ago.
JAPAN
Jul 30, 2005

Kanebo trio arrested over window-dressing

Prosecutors arrested former Kanebo President Takashi Hoashi and two other former executives of the firm Friday on suspicion of submitting falsified financial statements to authorities.
BUSINESS
Jul 26, 2005

World plans buyout to ward off takeover

Major fashion apparel manufacturer World Co. said Monday it will proceed with a management buyout plan in a bid to turn itself into a privately owned company.
BUSINESS
Jul 26, 2005

Girding for competition, KDDI to absorb Tu-Ka units

KDDI Corp. said Monday it will absorb its Tu-Ka cellular phone subsidiaries on Oct. 1 as part of efforts to prepare itself for greater competition in the wireless telephone market.
BUSINESS
Jul 25, 2005

Preferred enters hotel fray in Japan

Despite the ongoing hotel war in Tokyo with many international hotels debuting, the chief of the Preferred Hotel Group in Chicago is optimistic about its expansion here.
BUSINESS
Jul 23, 2005

Tertiary index down 5% in May

Japan's service industry activity index fell a preliminary 5 percent in May from the previous month due to sluggish business in wholesale and retail sales, advertising, civil engineering and other sectors, the government said Friday.
EDITORIALS
Jul 22, 2005

Breakthrough in U.S.-India ties

Hyperbole is not unusual to describe meetings of heads of state. Yet the visit of Indian Prime Minister Manmohan Singh to the United States marks a genuine departure in relations between those two countries. The U.S. agreement to help India secure international assistance with its civilian nuclear-energy...
BUSINESS
Jul 22, 2005

Female tips solicited to simplify appliances

Electrical equipment manufacturers, including Sony Corp. and Mitsubishi Electric Corp., are exploiting the female perspective on the design of household electrical appliances by appointing women to relevant workshops.
BUSINESS
Jul 21, 2005

Meiji Yasuda's scandals likened to 'Pandora's box'

Two disclosures of payout misdeeds involving Meiji Yasuda Life Insurance Co. in the last six months are casting a dark shadow over an industry plagued with offensives from foreign-affiliated life insurers.
BUSINESS
Jul 21, 2005

TBS, Tsutaya video chain link up

Tokyo Broadcasting System Inc. and Culture Convenience Club Co., which operates Tsutaya, Japan's largest video rental shop chain, said Wednesday they will set up a DVD planning and sales company in early August.
BUSINESS
Jul 20, 2005

Shinsei Bank sues DIC for 13 billion yen

Shinsei Bank said Tuesday it filed a damages suit against Deposit Insurance Corp. of Japan seeking 13.4 billion yen for losses incurred as a result of a long-standing dispute with a bankrupt real estate developer.
JAPAN
Jul 20, 2005

MHI to get license to produce PAC-3 interceptor missiles

Japan and the United States agreed earlier this year that ground-based Patriot Advanced Capability 3 interceptor missiles will be produced under license in Japan as part of the missile defense system, Defense Agency chief Yoshinori Ono said Tuesday.
JAPAN
Jul 20, 2005

MHI to get license to produce PAC-3 interceptor missiles

Japan and the United States agreed earlier this year that ground-based Patriot Advanced Capability 3 interceptor missiles will be produced under license in Japan as part of the missile defense system, Defense Agency chief Yoshinori Ono said Tuesday.

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