Search - 2003

 
 
BUSINESS
Jan 23, 2002

Tepco enters gas market in deal with Nippon Steel

Tokyo Electric Power Co. will sell 30,000 tons of natural gas to Nippon Steel Corp. on an annual basis beginning in 2003, marking Tepco's first move into the natural gas retail market, sources close to the deal said Tuesday.
BUSINESS
Jan 23, 2002

Toto, Matsushita detail China deal

Toto Ltd. and Matsushita Electric Works Ltd. said Tuesday they will mutually supply housing materials parts in China as part of their tieup in the housing materials business.
BUSINESS
Jan 19, 2002

State expects flat growth in fiscal 2002: Shiokawa

Finance Minister Masajuro Shiokawa said Friday he expects flat economic growth in fiscal 2002, a slight improvement from the estimated 0.1 percent contraction for fiscal 2001.
BUSINESS
Jan 17, 2002

MHI may close machine tool plant

Mitsubishi Heavy Industries Ltd. is considering closing its large-scale machine tool manufacturing plant in Hiroshima as early as 2003 due to slack demand, company officials said Wednesday.
JAPAN
Jan 14, 2002

Kawasaki to get east-west line -- but at what cost?

A 36-year-old plan to build a subway running east and west in Kawasaki finally appears to be moving forward, drawing praise from residents along the proposed route but criticism from opponents for imposing a huge drain on the city's finances.
BUSINESS
Jan 11, 2002

Matsushita Electric Industrial to streamline group firms

Matsushita Electric Industrial Co. formally announced Thursday that it will transform five group firms into wholly owned subsidiaries Oct. 1.
BUSINESS
Dec 26, 2001

Nine state lenders draw FSA inspections

The government decided Tuesday to allow the Financial Services Agency to conduct inspections of nine governmental financial institutions beginning in fiscal 2003, according to government officials.
Japan Times
JAPAN / STAGING A COMEBACK
Dec 26, 2001

Reforms shake higher education's foundations

Scholars at Japan's universities have long been criticized for enjoying "splendid isolation" within their ivory towers.
Japan Times
JAPAN / INTERNATIONAL RATIONALE
Dec 19, 2001

Foreign retailers relying on adaptability to survive

When French retailer Carrefour and U.S.-based Costco Wholesale Corp. opened their outlets in Makuhari, Chiba Prefecture, a year ago, many saw the foreign stores as a threat to domestic supermarkets.
SOCCER / J. League / ON THE BALL
Dec 18, 2001

Japan aiming to boost E. Asia

What can Japan do for Asia? Does Japan want to be part of Asia's soccer fraternity? It's a long-standing question, but now maybe some answers are emerging.
BUSINESS
Dec 13, 2001

Arabian Oil, Kuwait nearing deal

Arabian Oil Co. said Wednesday it has signed memorandums with the Kuwaiti government that oblige the two sides to seek to reach an agreement by Jan. 29 to allow Arabian Oil to continue tapping Kuwait's Khafji oil field.
BUSINESS
Dec 13, 2001

LDP panel nixes tax hike plans

The ruling Liberal Democratic Party's powerful tax policy panel decided Wednesday to scrap plans to raise taxes on cigarettes and low-malt "happoshu" in fiscal 2002, LDP officials said.
SOCCER / World cup
Dec 1, 2001

2002 World Cup winner must qualify for 2006 finals

PUSAN, South Korea -- No more free rides. That was the message from FIFA president Sepp Blatter on Friday when he announced that the winner of the 2002 World Cup in Japan and South Korea would not get an automatic qualifying berth for the 2006 finals in Germany.
JAPAN
Nov 16, 2001

Problems in U.S. delay replacement of weather satellite

The launch of an advanced multifunctional satellite scheduled for February 2003 will be put off by a few months due to production delays at its U.S. maker, government officials said Thursday.
JAPAN
Nov 16, 2001

Problems in U.S. delay replacement of weather satellite

The launch of an advanced multifunctional satellite scheduled for February 2003 will be put off by a few months due to production delays at its U.S. maker, government officials said Thursday.
EDITORIALS
Nov 9, 2001

ASEAN dares to dream

The Association of Southeast Asian Nations has once again demonstrated its willingness to dream. This year's summit meeting, held this week in Brunei, ended with a call to conclude a free-trade area with China. It is a seductive vision, but it is hard to envision the project's success: ASEAN is already...
BUSINESS
Nov 9, 2001

Marubeni's '01 outlook sours

In a dramatic reversal of fortune, Marubeni Corp. expects to post consolidated net losses of 105 billion yen for the 2001 business year after earlier projecting a 15 billion yen profit, company officials said Thursday.
BUSINESS
Oct 26, 2001

Toyota eyes parts plant in Mexico

Toyota Motor Corp. is planning to build a plant in Mexico to produce cargo platforms for small trucks, company sources said Thursday.
BUSINESS
Oct 25, 2001

Key panel pushes for 27% cut in public works spending

A key government panel chaired by Prime Minister Junichiro Koizumi believes spending on public works projects should be cut by 27 percent over the next five years, according to the draft of a fiscal policy proposal obtained Wednesday by Kyodo News.
BUSINESS
Oct 20, 2001

Yasuda cracks the whip on merger procedure

Yasuda Fire & Marine Insurance Co. and two other nonlife insurers will try to hasten work on their coming merger, the insurer's president said Friday.
JAPAN
Oct 19, 2001

Automakers rev up search for ultimate clean car

Driven by concerns over global warming and the prospect of tougher restrictions, automakers worldwide have moved up a gear in the race to build the ultimate clean car.
BUSINESS
Sep 29, 2001

Tax exemption proposed to boost flagging bourse

Finance Minister Masajuro Shiokawa proposed Friday a capital gains tax exemption on securities purchased in 2002 for long-term holding.
BUSINESS
Sep 20, 2001

LDP panel sets schedule on tax reform

Senior officials on the ruling Liberal Democratic Party's tax panel agreed Wednesday to compile a proposal for securities tax reforms by early October.
BUSINESS
Sep 13, 2001

Automobile weight tax eyed for general account

The government has said it is considering transferring revenue from the automobile weight tax, mainly used for road construction, into the general account.
JAPAN
Sep 8, 2001

World water forum set for Kyoto

Kyoto will host an international ministerial conference in March 2003 addressing various water-related issues, the Foreign Ministry said Friday.
BUSINESS
Sep 6, 2001

EPDC stops Niigata plant construction

Electric Power Development Co. announced Wednesday it will cancel a plan to construct a power plant in Niigata Prefecture.
BUSINESS
Aug 24, 2001

Advice sought on energy services

Japan Research Institute, an affiliate of Sumitomo Mitsui Banking Corp., said Thursday it has tied up with two U.S. energy service ventures to get advice on launching new services when Japan's energy market is expected to be opened further.
BUSINESS
Aug 21, 2001

Fujitsu to cut 16,400 jobs worldwide

Fujitsu Ltd. announced Monday it will cut its global workforce by 9 percent, or 16,400 jobs, by the end of the fiscal year amid a global slump in the semiconductor market.
BUSINESS
Aug 10, 2001

ITU chief wants body policy savvy

Yoshio Utsumi is struggling to change the International Telecommunication Union, the world's oldest international organization whose origin dates back to 1865.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami