Search - 2003

 
 
BUSINESS
Apr 11, 2002

LDP panel backs down from postal privatization plan

An LDP panel on postal deregulation agreed Wednesday to prioritize a bill that would authorize a public entity to take over government-run postal services and focus less on a bill to allow private firms to offer mail services.
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
Apr 2, 2002

Daido Life becomes stock firm

Daido Life Insurance Co. converted itself from a mutual firm into a stock company Monday, becoming the first Japanese life insurer to go public.
BUSINESS
Mar 27, 2002

New postal players face flat-rate service

New players in Japan's postal services would be obliged to set flat rates nationwide for ordinary mail of up to 250 grams after partial liberalization in 2003 under government-drafted legislation, Liberal Democratic Party officials said Tuesday.
BUSINESS
Feb 21, 2002

Cooking oil producers set to merge

A joint holding company to be formed April 1 by Honen Corp. and Ajinomoto Oil Mills Co. will merge with another cooking oil producer, Yoshihara Oil Mill Ltd., to create the largest domestic entity in the field, according to the three firms.
JAPAN
Feb 16, 2002

How safe will bank accounts be after March 31?

On April 1, the full guarantee on bank deposits will expire, and you owe it to yourself to make sure your savings are not at risk. Here are some frequently asked questions about what happens if a bank fails after March 31:
COMMENTARY / WASHINGTON UPDATE
Feb 10, 2002

Battle begins for security, 'other stuff'

WASHINGTON -- In his first formal State of the Union address, President George W. Bush portrayed the terrorism threat in stark detail, disclosing that American forces in Afghanistan have found diagrams of U.S. nuclear power plants and suggested that "tens of thousands of trained terrorists are still...
EDITORIALS
Feb 7, 2002

An optimistic economic outlook

How will Japan's economy develop from fiscal 2002 through 2006? The official answer, in a nutshell, is that it will stage a slow but steady recovery led by private demand. Under the circumstances, that is probably the most the government can hope for. The big question is whether this scenario will come...
BUSINESS
Feb 1, 2002

Ministry panel to weigh creation of economic zones

The Ministry of Economy, Trade and Industry asked an advisory panel Thursday to look into the creation of more special economic zones in Japan in an attempt to reinvigorate the sluggish economy.
BUSINESS
Jan 24, 2002

Japan unlikely to increase ODA spending in fiscal '03

Japan is unlikely to increase its official development assistance in fiscal 2003 despite growing international calls for more funds, government officials said Wednesday.
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.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight