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August 27, 2025
 

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Japan Times
BUSINESS
Aug 17, 2004

Offshore fever grips heavy equipment auctions

YOKOHAMA -- On a scorching mid-July day, hundreds of huge hulks were slowly paraded along a 30-meter tarmac in front of a circus tent packed with sweaty buyers.
BUSINESS
Aug 17, 2004

Firms to set up hotel investment trust

Chuo Mitsui Trust & Banking Co. and the Japan unit of Creative Renovation Group, a Canadian hotel consulting firm, will set up an investment trust next summer to invest exclusively in hotels, company officials said Monday.
COMMENTARY / World
Aug 16, 2004

State debt no boon for financial markets

PRAGUE -- There is a palpable schizophrenia concerning public-sector debt. On one hand, a high proportion of public-sector debt relative to gross domestic product is seen as a warning sign that a country is suffering from macroeconomic imbalances. Similarly, a high ratio of government debt to total debt...
BUSINESS
Aug 14, 2004

Corporate bankruptcies continue decline into 19th month

The number of corporate bankruptcies in Japan dropped 16.8 percent in July from a year earlier to 1,151, down for the 19th straight month.
BUSINESS
Aug 13, 2004

Information-leak insurance in works

Tokio Marine & Fire Insurance Co. and NTT Communications Corp. plan to tie up to launch an insurance product next month to cover companies damaged by information leaks, sources said Thursday.
Japan Times
CULTURE / Music
Aug 11, 2004

UA: Fluid beauty

UA is not your average pop star. She arrives at an interview in the western Tokyo suburb that is her home on her bike. In a cut-off T-shirt and long, billowing peasant skirt, she looks like a hipster mama, and after the interview in this ordinary cafe, she's off to pick up her son from elementary school....
BUSINESS
Aug 10, 2004

McDonald's Japan to invite foreign execs

McDonald's Holdings Co. (Japan) said Monday it will invite five or six senior officials from McDonald's Corp. of the United States and other overseas firms to assume executive posts at McDonald's Co. (Japan).
JAPAN
Aug 10, 2004

'Cats' due for a return to Tokyo

Andrew Lloyd Webber's musical "Cats," which became a sensation across Japan when performed by the Shiki (Four Seasons) Theater Company, will be restaged in Tokyo in November for the first time in eight years and the fourth time in the capital since its first Japanese performance in 1983.
Japan Times
CULTURE / Music
Aug 8, 2004

Three glorious days in musical heaven

The Fuji Rock Festival went off without a hitch or a typhoon this year. Philip Brasor, Simon Bartz, Jason Jenkins and Mark Thompson were there to bear witness.
BUSINESS
Aug 6, 2004

Economic assessment again goes unchanged

The government left its upbeat assessment of Japan's economy unchanged in a monthly report released Thursday.
BUSINESS
Aug 4, 2004

Investigation is launched into Hynix chip imports

The government is investigating whether to impose punitive import taxes on computer chips made by Hynix Semiconductor Inc. of South Korea after receiving complaints from Japanese companies.
BUSINESS
Aug 3, 2004

Tax revenues see 10.9% rise

Tax revenues rose 10.9 percent in June from a year earlier to 2.047 trillion yen for the fifth straight monthly increase, due to the widening economic recovery, the Finance Ministry said Monday.
JAPAN
Aug 1, 2004

Ichiban Shibori to go to Philippines

Kirin Brewery Co. plans to market its Ichiban Shibori beer in the Philippines through the sales network of Manila-based San Miguel Corp. beginning in August, company sources said Saturday.
JAPAN
Aug 1, 2004

Daiei rescue package calls for 300 billion yen

Struggling retail giant Daiei Inc. has worked out a new three-year rehabilitation package, including 300 billion yen in financial aid from three creditor banks, sources close to the plan said Saturday.
BUSINESS
Jul 31, 2004

DoCoMo profit falls 13% in line with fee discounts

NTT DoCoMo Inc. said Friday its first-quarter net profit dropped 13 percent to 170.38 billion yen due to an expanded discount program to protect its subscriber base.
JAPAN / BY THE NUMBERS
Jul 30, 2004

Antitheft devices now not just for luxury cars

A few years ago, car-security devices were found mainly in luxury vehicles. But as crimes involving vehicles increase, security gadgets are becoming more widely used, even in economy cars.
BUSINESS
Jul 30, 2004

Government looks to hike sales tax while still honoring Koizumi's pledge

Prime Minister Junichiro Koizumi's government could decide to raise the 5 percent consumption tax rate for implementation after the fall of 2006, when Koizumi's tenure expires, Chief Cabinet Secretary Hiroyuki Hosoda said Thursday.
EDITORIALS
Jul 28, 2004

Making the farm sector competitive

The government's economic and fiscal report for 2004, which was released last week, has a subtitle that sounds only too familiar: "No growth without reform." Yet the report deserves attention for two reasons. First, it focuses on the regional economy, a subject that has been more or less overlooked in...
JAPAN
Jul 28, 2004

Court halts MTFG-UFJ merger negotiations

The Tokyo District Court ordered a halt Tuesday to merger negotiations between Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. in a move that could kill the creation of what would have been the world's largest banking group.
BUSINESS
Jul 28, 2004

Dell's new CEO hopes to expand in Japan, China

Kevin Rollins, on his first visit to Japan as Dell Inc.'s chief executive, said Tuesday the country is a strategic market that is growing at a record pace for the U.S. computer maker.
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
Jul 27, 2004

As a foreigner, are you intimidated by the police presence?

Jen Lusk Asst. trainer, 26 I had some friends who were walking home at 1 a.m., and were assaulted, but they were the ones who got in trouble with the law. Since then I've been a little bit nervous.
EDITORIALS
Jul 27, 2004

Worrisome muscle flexing

Relations across the Taiwan Strait continue to deteriorate. The re-election of Taiwanese President Chen Shui-bian has alarmed the mainland government, which is convinced Mr. Chen seeks Taiwan's independence. China has been sending signals that it is prepared to take military action if Taipei takes that...
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
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.
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.
Japan ranked one of the most peaceful places in Asia as global tensions rise
Visitors look at paper cranes hung at Peace Park in Nagasaki on Aug. 8, a day ahead of the 80th anniversary of the World War II atomic bombing of the city.
Misinformation over JICA’s Africa ‘hometown’ initiative sparks controversy
Prime Minister Shigeru Ishiba arrives at a photo session for the Tokyo International Conference on African Development as South African President Cyril Ramaphosa reacts, in Yokohama, last week.
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.

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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