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EDITORIALS
Nov 1, 2003

Last man standing

The arrest of the richest man in any country is always an earthshaking event, and the jailing of Mr. Mikhail Khodorkovsky, the premier among Russia's oligarchs, is no exception. There are a number of explanations for Mr. Khodorkovsky's arrest, but there is no mistaking the chief beneficiary of the move:...
BUSINESS
Nov 1, 2003

ANA swings back into black

Despite the impact of the SARS epidemic across Asia and the Iraq war, All Nippon Airways Co. said Friday it swung back into the black in the first half of fiscal 2003, posting a group net profit of 20.57 billion yen.
BUSINESS
Oct 31, 2003

KDDI profit up 320% to 86 billion yen

KDDI Corp. said Thursday its group net profit for the first half soared 320 percent from a year earlier to 85.86 billion yen.
JAPAN
Oct 30, 2003

Horse-race tipster targeted over 300 million yen tax scam

Tax authorities have filed a criminal complaint against a Tokyo firm that provides betting tips on horse races, alleging it evaded some 300 million yen in corporate taxes on 1 billion yen in income during the 18-month period to March 2002, sources said Wednesday.
BUSINESS
Oct 30, 2003

Daiei rehab plan features asset sales, banking help

The proposed rehabilitation of Daiei Inc.'s Fukuoka hotel, ballpark and baseball business will feature the sale of assets and financial assistance from the supermarket giant's six main banks, sources connected with the plan said Wednesday.
BUSINESS
Oct 30, 2003

Widespread risk-hedging seen limiting short-term menace of rising yen

A strong yen is not good news for Japanese export-driven companies. But the impact of the yen's recent surge against the dollar to three-year highs is expected to be limited for now since firms have hedged the currency risk, economists and major manufacturers said.
Japan Times
BUSINESS
Oct 29, 2003

Troubled Sony unveils restructuring plans

Sony Corp. on Tuesday unveiled sweeping restructuring measures, including plans to shed 20,000 jobs and close domestic TV plants, with the consumer electronics giant struggling to reclaim a competitive edge over its rivals.
BUSINESS
Oct 28, 2003

Matsushita eyes merit pay in China

Matsushita Electric Industrial Co. plans to introduce a merit-based pay system for plant workers and sales staff at its Chinese subsidiaries beginning in fiscal 2004.
BUSINESS
Oct 28, 2003

Sharp to hike Spain output of LCD TVs

Sharp Corp. plans to double the output capacity of liquid crystal display TVs at its Spanish factory in April, seeking to meet surging demand in Europe.
COMMENTARY
Oct 27, 2003

EU may bite off more than it can chew in euro-dollar rivalry

LONDON -- How fares Europe's single currency, the euro? Much too well.
Japan Times
BUSINESS
Oct 24, 2003

Popularity of drum-beating video game has makers stumped

In a galaxy of video games boasting state-of-the-art graphics and prohibitively complex play, an offering with the surprisingly simple object of beating a drum has been a long-running smash hit.
BUSINESS
Oct 24, 2003

Chrysler to boost profile in Japan via new models

MAKUHARI, Chiba Pref. -- Chrysler hopes to lift its profile in Japan by rolling out many new models in the near future, a top marketing official of the North American unit of DaimlerChrysler Corp. said.
BUSINESS
Oct 23, 2003

Matsui Securities sees its first-half profit surge 327%

Matsui Securities Co. said Wednesday it chalked up a consolidated net profit of 2.51 billion yen in the first half of fiscal 2003, up 326.6 percent from the 588 million yen earned in the first half of fiscal 2002.
BUSINESS
Oct 22, 2003

'Unfair' currency rate hit

Japan's attempts to weaken the yen in foreign-exchange markets give its automakers "an unfair advantage" in the United States, a top executive of General Motors Corp. said Tuesday.
Japan Times
BUSINESS
Oct 21, 2003

Recruitment exec says change must be embraced

As Japan's economic slump lingers and its once near-universal lifetime employment system collapses, many of the nation's workers are sharing an increased sense of insecurity. But the top executive of a global recruitment consultancy tells them not to fear change.
Japan Times
BUSINESS / FRONT-RUNNERS
Oct 21, 2003

Toho to take domestic smash 'Bayside Shakedown 2' overseas

A Tokyo-based motion picture company is poised to take on Hollywood with a live-action cop film that was a hit in Japan this summer.
BUSINESS
Oct 18, 2003

Suntory to build new soft-drink plant

Beverage maker Suntory Ltd. said Friday it will construct its second soft-drink plant in Shanghai in 2005 to meet growing demand.
BUSINESS
Oct 16, 2003

Manufacturers cut 117,600 jobs

The nation's leading manufacturers eliminated 117,600 workers in fiscal 2002, a credit-research agency said Wednesday, citing the results of a survey.
BUSINESS
Oct 16, 2003

FamilyMart sees slight jump in profits

Staff report FamilyMart Co., the nation's third-largest convenience chain, said Wednesday its group net profit for the first half of fiscal 2003 edged up 0.7 percent to 7.93 billion yen.
BUSINESS
Oct 16, 2003

Mazda launches Axela compact to replace Familia

Mazda Motor Corp. launched its new Axela sports compact on the domestic market Wednesday.
JAPAN
Oct 13, 2003

Ishihara alleges Fujii tried to blackmail him

Land minister Nobuteru Ishihara charged Sunday that Japan Highway Public Corp. President Haruho Fujii tried to blackmail him by indicating knowledge of shady land deals involving influential politicians.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Oct 11, 2003

Peter Miller

Peter Miller's becoming an original photogravure print artist was, he says, a gradual development. "It didn't come to me in a flash. I taught myself through trial and error, mostly error," he said. "There is no limit to it, and I am still learning. I etch and print the plates myself, as the entire process...
JAPAN
Oct 11, 2003

Homegrown chopsticks pitched in project to boost forest-thinning

"Waribashi," or disposable wooden chopsticks, are usually hated by environmentalists as a symbol of deforestation.
BUSINESS
Oct 10, 2003

Toshiba forges bank note alliance

Toshiba Corp. said Thursday it will set up a joint venture with Oesterreichische Banknoten und Sicherheitsdruck GmbH (OeBS), a wholly owned subsidiary of the Austrian National Bank, to promote sales of its latest bank note inspection machine and currency sorting machine.

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