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BUSINESS
May 18, 2004

Dentsu's net profit up 35% in '03

Dentsu Inc., Japan's largest advertising agency, said Monday its net profit rose 35 percent to 30.88 billion yen for the year through March, thanks to a one-time gain from a change in the company's pension fund scheme.
BUSINESS
May 18, 2004

Health food vendor top taxpayer

Health food entrepreneur Hitori Saito was Japan's top individual taxpayer last year, according to a list released Monday by the National Tax Agency.
BUSINESS
May 18, 2004

Tsutaya operator sees profit soar

Culture Convenience Club Co., operator of the Tsutaya video rental chain, said Monday its fiscal 2003 net profit soared 90 percent to a record 2.39 billion yen, powered by aggressive franchise expansion.
COMMENTARY
May 17, 2004

China's influence soars in Asia

HONOLULU -- A battle for the hearts and minds of Asians has begun. While there has been considerable attention on "the rise of China," we're only slowly beginning to appreciate the meaning of that overused phrase. China's economic influence is well apparent. It has become Southeast Asia's leading trade...
CULTURE / TV & Streaming / CHANNEL SURF
May 16, 2004

TBS's "Sekai Fushigi Hakken" and more

Uniqlo, the no-frills clothing store that took the retail trade by storm in the late '90s, saw its fortunes take a nose dive after the turn of the century. The company has attempted to remedy the problem of poor sales with an expanded product line. However, the chairman has decided that what the company...
EDITORIALS
May 15, 2004

A reprieve on interest rates

As expected, the U.S. Federal Reserve Board last week decided to keep short-term interest rates at a 46-year low. Concerns about the fragility of the U.S. economic recovery prevailed over fears of a new bout of inflation. But the Fed signaled its readiness to raise interest rates soon if prices appear...
COMMUNITY / Our Lives / JAPAN LITE
May 15, 2004

Cow Island and a naked bath in the sky

Perhaps the best part about sailing through the Seto Inland Sea is stopping along the way at the islands. The Inland Sea has over 150 islands, and each one has a different atmosphere. After passing under the Seto Ohashi Bridge, we stopped at a small island called Ushi Shima. The name of the island (Cow...
BUSINESS
May 15, 2004

MMC considers 10% workforce cut, shutting down two domestic plants

Struggling automaker Mitsubishi Motors Corp. is considering a bolder restructuring plan, including a 10 percent cut to its workforce and closure of two domestic plants, sources said Friday.
BUSINESS
May 12, 2004

Top trading houses post record earnings

Mitsubishi Corp. and Mitsui & Co., Japan's two largest trading houses, on Tuesday reported record earnings for the year through March, helped by surging petrochemical and natural resources markets.
BUSINESS
May 11, 2004

Stores' fish inspected for labeling

The Agriculture, Forestry and Fisheries Ministry launched a special nationwide inspection Monday to verify whether supermarkets and other retailers are appropriately labeling wild and cultured fish.
JAPAN
May 8, 2004

Six admit guilt in court to abducting Mainichi boss

Six men accused of abducting and confining the president of the Mainichi Shimbun in January pleaded guilty Friday during their first trial session before the Tokyo District Court.
JAPAN
May 8, 2004

Six admit guilt in court to abducting Mainichi boss

Six men accused of abducting and confining the president of the Mainichi Shimbun in January pleaded guilty Friday during their first trial session before the Tokyo District Court.
JAPAN
May 1, 2004

Ministry safety devices come from LDP lawmaker's pal

Ministries exclusively use chemical-substance gauges sold by an acquaintance of a Liberal Democratic Party lawmaker in projects aimed at curbing sick building syndrome, according to sources.
JAPAN
May 1, 2004

Ministry safety devices come from LDP lawmaker's pal

Ministries exclusively use chemical-substance gauges sold by an acquaintance of a Liberal Democratic Party lawmaker in projects aimed at curbing sick building syndrome, according to sources.
JAPAN
May 1, 2004

Listed companies replacing regular staff with part-timers

Listed firms cut the number of employees on their regular payrolls by an annual 3.4 percent on average during the three-year period through fiscal 2003, according to a Cabinet Office survey.
BUSINESS
Apr 29, 2004

Employment opportunities set to grow amid recovery

More than 40 percent of major companies that took part in a recent survey said they plan to increase the recruitment of workers fresh out of school next spring, according to a report compiled Wednesday by Kyodo News.
JAPAN
Apr 29, 2004

Public land developers held 2.5 trillion yen in bad assets: study

An academic research group has found that about 700 prefectural and municipal land development entities nationwide held a combined 2.5 trillion yen in nonperforming assets at the end of fiscal 2001.
COMMENTARY
Apr 22, 2004

George Bush needs a new Ear

LOS ANGELES -- What did "the Ear" hear on his recent trip to Asia?
Japan Times
Features
Apr 18, 2004

New rich fashion a Shanghai style of sorts

SHANGHAI -- "There is nothing the Cantonese will refuse to eat, and nothing the Shanghainese will refuse to wear" is a popular Chinese adage harking back to Shanghai's 1930s heyday when it had a worldwide reputation for decadence and glamour.
BUSINESS
Apr 16, 2004

Sharp to make air-con units in Egypt

Sharp Corp. said Thursday it will start production and sales of air conditioners in Egypt this summer under a tieup agreement with local electronics maker El Araby.
BUSINESS
Apr 15, 2004

Bankruptcies fall for second straight year

The number of corporate bankruptcies in fiscal 2003 fell 16.6 percent from the previous year to 15,790, down for the second straight year, Teikoku Databank Ltd. said Wednesday.
BUSINESS
Apr 14, 2004

FamilyMart's net profit rises 7%

FamilyMart Co. said Tuesday its net profit rose 7 percent to 13.79 billion yen for the year through February, thanks to solid growth in store numbers at home and overseas.

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