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Japan Times
BUSINESS
Apr 3, 2002

Tokyo Marine, Nichido Fire integrate into holding firm

Tokio Marine & Fire Insurance Co. and Nichido Fire & Marine Insurance Co. integrated their operations Tuesday and established a holding company that will eventually cover the Millea Insurance Group, which comprises three nonlife and one life insurer.
BUSINESS
Mar 15, 2002

Anyone can be a manager at Ito-Yokado

In a radical move for a Japanese company, Ito-Yokado Co. has scrapped its traditional promotions track and introduced an open practice that allows all employees, including part-timers, to apply for management posts, company officials said Thursday.
BUSINESS
Feb 22, 2002

Haseko calls on major banks for 150 billion yen in support

Struggling condominium developer Haseko Corp. unveiled a sweeping restructuring plan Thursday, calling for 150 billion yen in financial support from major creditor banks and a 10 percent cut in personnel expenses in three years.
BUSINESS
Feb 7, 2002

Snow Brand told to avoid foreign tieup

The government's efforts to protect the agriculture sector is affecting ailing Snow Brand Milk Products Co. and its plans to restructure.
BUSINESS
Jan 14, 2002

Shokusan Jutaku seeks protection from creditors

Shokusan Jutaku Sogo Co., a leading builder of custom-made houses, on Sunday filed for court protection from creditors with liabilities of 13.5 billion yen, the company said.
JAPAN
Jan 10, 2002

German firm intends to settle CJD suits

The German supplier of human dura mater blamed for a number of cases of the fatal Creutzfeldt-Jakob disease in Japan plans to reach a negotiated settlement on suits filed by patients and victims' families, the company said in a statement Wednesday.
BUSINESS
Jan 9, 2002

Sanyo ties up with China's Haier

OSAKA -- Sanyo Electric Co. said Tuesday it has signed a wide-ranging business tieup with Haier Group Co., China's largest home appliance manufacturer.
BUSINESS
Nov 22, 2001

Snow Brand's first-half losses hit 13.7 billion yen

Snow Brand Milk Products Co. on Wednesday posted consolidated net losses of 13.66 billion yen for the first half of fiscal 2001, narrowing the gap from 30.66 billion yen logged in the same period the previous year.
JAPAN / INTERNATIONAL RATIONALE
Nov 15, 2001

Automakers steering toward financial markets

As the nation's banking sector continues to struggle with bad debts and falling stock prices, major automakers from Japan, Europe and the United States are seeking to expand the scale and scope of their financial businesses here.
JAPAN / JOB JITTERS
Nov 6, 2001

Growing pool of temps faces full-time work, part-time pay

When her part-time contract was up for renewal in September 2000, Michiko's boss made clear the degree of negotiating power she had.
BUSINESS
Oct 28, 2001

Matsushita plans merit-based pensions

OSAKA -- Matsushita Electric Industrial Co. is seeking to change its near-uniform retirement allowance system and generous high-yield company pension program, Matsushita sources said Saturday.
Events
Sep 18, 2001

Matsushita woes mean more pain for Kansai

OSAKA -- Matsushita Electric Industrial Co.'s announcement that it will post operating losses of 38.7 billion yen in the April-June quarter and begin restructuring shocked the Kansai business community and prompted worries about what it would mean for the region's economy.
Japan Times
COMMUNITY
Aug 4, 2001

Reflections on a most unexpected career abroad

So often you hear of people who come to Japan for a few months and wake one day to find that many years have flown by. How comforting then to find that it also works in reverse.
COMMENTARY / World
Jun 14, 2001

Pyongyang's Chinese connection to the global economy

DANDONG, China -- When managers at a North Korean metal works began dreaming that foreigners' suits and blouses might one day be draped on the company's aluminum coat-hangers, there was no way to pursue international markets directly.
COMMENTARY
Apr 7, 2001

Animal rights, terrorist tactics

LONDON -- Some animal-rights activists in Britain have committed violent crimes against people and companies they dislike. In so doing, they have shown not only that they have lost a sense of proportion, but that they have no rational ethical code. Animal-rights terrorists need to be confronted as firmly...
BUSINESS
Mar 23, 2001

Kyoei Mutual to join Millea Insurance Group

Kyoei Mutual Fire & Marine Insurance Co. will join the Millea Insurance Group to be set up by three other life and nonlife insurance firms under a joint holding company by the end of 2004, the four companies said Thursday.
BUSINESS
Mar 21, 2001

U.S. power reforms, IT sparking change in Japanese industries

The rapid liberalization of the U.S. electric power industry and the worldwide development of information technology are prompting key Japanese industries to change their structure and management styles.
JAPAN
Feb 27, 2001

MMC to cut 9,500 jobs, close Oe plant by 2003

Mitsubishi Motors Corp. said Monday it will cut some 9,500 jobs, or 14 percent of its group workforce, by 2003 and close down its key Oe plant in Nagoya as part of a major restructuring plan.
JAPAN
Feb 27, 2001

MMC to cut 9,500 jobs, close Oe plant by 2003

Mitsubishi Motors Corp. said Monday it will cut some 9,500 jobs, or 14 percent of its group workforce, by 2003 and close down its key Oe plant in Nagoya as part of a major restructuring plan.
JAPAN
Feb 1, 2001

Female entrepreneurs seeking fulfillment

Kyodo News Rie Karasawa is the latest addition to a growing number of Japanese female entrepreneurs moving into a business world long dominated by men.
JAPAN
Jan 25, 2001

Sega may kill off Dreamcast hardware

Sega Corp. said Wednesday it is considering stopping production of hardware for its loss-making Dreamcast video game consoles, pulling out of the home-use game console business and instead supplying game software to its rivals.
COMMUNITY
Jan 14, 2001

Turning gray offices into great places to work

Steven Louie, vice president and design director of Gensler Tokyo, is not only warm, open and charming; he's also sensitive, patient, and very very kind. This was illustrated by his treatment of the 16-year-old student from the U.K. (on a work experience program) who accompanied me, listening attentively...
COMMENTARY / World
Nov 20, 2000

Transparency crucial to corporate survival

Most companies will face a crisis at one point, but it's not necessarily the crisis itself that will dictate that company's future, but rather how it is handled.
JAPAN
Sep 27, 2000

Snow Brand to cut 1,300 jobs, form alliance with Nestle

Snow Brand Milk Products Co., which was embroiled in a massive food-poisoning scandal this summer, unveiled a major restructuring plan Tuesday that includes cutting 1,300 jobs -- 20 percent of its workforce -- within 21/2 years and closing its Osaka plant.
COMMUNITY
Sep 14, 2000

Part-timers reshaping Japan's work ethic

Yoshinori Ogawa, 27, is a bassist in the rock band Dusty Rose. He considers himself a professional musician, but like many other would-be musicians or thespians, he has not yet reached the point where he can support himself on his music alone.
BUSINESS
Aug 31, 2000

Tsutaya eyes ads on cellphone Web sites

A graphic small enough to be hidden under your thumb is expected to bring in millions of yen in revenues for Japan's biggest rental video chain, Tsutaya.
JAPAN
Jul 12, 2000

Koreans granted redress for wartime forced labor

A Japanese machine-toolmaker has reached a settlement with three South Koreans who served as forced laborers during World War II based on recommendations handed down by the Supreme Court, company sources said Tuesday.

Longform

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