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BUSINESS
Apr 22, 2003

Tokio Marine to acquire capital stake in new Shanghai-based life insurer

Tokio Marine & Fire Insurance Co. is finalizing a plan to take a capital stake in Shanghai-based Sino Life Insurance Co., which will begin operating this fall, company officials said Monday.
Japan Times
COMMUNITY
Apr 20, 2003

Mixing models to match clothes

Ten days to go before the catwalk show and designer Sugimoto Chiyuki faces a critical decision. Who will show off the clothes he has spent the last six months creating for these Tokyo Collections?
BUSINESS
Apr 19, 2003

FamilyMart to offer 'happoshu' deal

Convenience store operator FamilyMart Co. said Friday it will not raise the price of "happoshu" after a tax increase takes effect May 1.
BUSINESS
Apr 19, 2003

Digital broadcasting licenses issued

The government issued provisional licenses Friday to 17 television stations planning to begin terrestrial digital broadcasts in December.
BUSINESS
Apr 19, 2003

Genome breakthrough prompts scramble in pharmaceutical sector

With the task of unscrambling the human genome complete, Japanese pharmaceutical companies are trying to produce new medicines to fight diseases for which effective drugs don't yet exist.
JAPAN
Apr 19, 2003

Top court rules against claimants in redress case

The Supreme Court on Friday overturned a lower court ruling regarding the legal validity of loss compensation agreements signed before a Finance Ministry ban on such deals between securities firms and their clients.
COMMENTARY
Apr 19, 2003

World must push Indo-Pakistani dialogue

ISLAMABAD -- India's decision to pursue the development of its Agni-III nuclear missile despite being urged by Western countries to abandon the plan will intensify an already worrisome arms race in South Asia.
BUSINESS
Apr 18, 2003

Steel firms form pail-making venture

Steel maker Nippon Steel Corp. and steel product traders Metal One Corp. and JFE Container Co. will integrate their pail-making operations under a joint venture to be established in January, the three firms said Thursday.
BUSINESS
Apr 18, 2003

Namco, Sega ponder game-sector merger

Game maker Namco Ltd. said Thursday it is in talks with Sega Corp. over a possible merger that would create the country's largest supplier of game software and arcade machines.
Japan Times
LIFE / Lifestyle / ON THE BOOK TRAIL
Apr 17, 2003

"The Sands of Time," "Smile, Crocodile, Smile"

"The Sands of Time," Michael Hoeye, Penguin Putnam Books; 2002; 277 pp. Once in a rare while, there comes a book in which the characters outlive the story. It was certainly not easy to say goodbye to Hermux Tantamoq, the dignified little hero of Michael Hoeye's terrific debut novel, "Time Stops for...
Japan Times
BUSINESS
Apr 16, 2003

McDonald's pins hopes on healthy new menu

In an attempt to lure customers back to its 3,900 outlets, McDonald's Co. (Japan) Ltd. on Tuesday unveiled menu additions it hopes will project a fresh and healthy image.
BUSINESS
Apr 15, 2003

New condos in Tokyo fell in March

The number of new condominiums put on sale in the Tokyo metropolitan area in March totaled 9,566 units, down 11.5 percent from a year earlier, the Real Estate Economic Institute said Monday.
BUSINESS
Apr 15, 2003

SARS outbreak, Iraq war leave airlines in tailspin

Airlines are hoping bad things don't come in threes.
BUSINESS
Apr 15, 2003

Economy remains flat amid Iraq, SARS fears

The government on Monday left unchanged its assessment of the economy for April, but it expressed caution amid concerns over the U.S.-led war in Iraq, the future of the U.S. economy and the spread of severe acute respiratory syndrome across Asia.
Japan Times
BUSINESS
Apr 15, 2003

IRC officials try to play down hardline image

It has a nickname that would turn most customers off.
BUSINESS
Apr 15, 2003

Business groups seek a freeze on capital gains tax

The nation's three major business lobbies, hoping to bolster stock prices from their 20-year lows, called Monday for a freeze on the tax on capital gains from the sale of shares.
Japan Times
BUSINESS
Apr 12, 2003

Suzuki unit begins Ignis production

Suzuki Motor Corp. said Thursday its Hungarian subsidiary began production of the Ignis 1.3-liter car in a factory in Esztergom.
SOCCER / PREMIER REPORT
Apr 11, 2003

Sir Alex embarrassed himself and Man United

MADRID -- If Sir Alex Ferguson had sat down and asked himself how he could embarrass himself and Manchester United, he could not have done better -- or perhaps one should say worse -- than his performance earlier this week as he accused UEFA of fixing the draw for the Champions League quarterfinals which...
BUSINESS
Apr 11, 2003

Sanyo, Samsung join forces to develop air conditioners

Sanyo Electric Co. and Samsung Electronic Co. said Thursday they will jointly develop household air conditioners.
EDITORIALS
Apr 10, 2003

The SARS toll mounts

Concern over severe acute respiratory syndrome, or SARS, continues to rise. Two weeks ago, we reported 350 cases of the disease worldwide that had resulted in 10 deaths. At the beginning of this week, the World Health Organization reported more than 2,600 cases, with 100 deaths, in 18 countries; it is...
Japan Times
JAPAN
Apr 10, 2003

Fashion world takes aim at breast cancer

Supermodels smile as they don T-shirts with a bull's-eye logo, the trademark of an international charity campaign to battle breast cancer.
Japan Times
BUSINESS
Apr 9, 2003

Toyoda takes step up Toyota ladder

Akio Toyoda will be promoted to senior managing director of Toyota Motor Corp. in June -- a year after becoming the automaker's managing director, the firm said Tuesday.
JAPAN
Apr 9, 2003

Diet begins debate on watered-down privacy bills

The House of Representatives on Tuesday began debating a package of controversial bills the government says will protect individuals' private information, as well as a counterproposal jointly submitted by four opposition parties.
BUSINESS
Apr 8, 2003

Matsushita expects 23.5 billion yen loss for fiscal '02

Joining a growing list of companies hit by plummeting bank shares, Matsushita Electric Industrial Co. said Monday it expects to report a group net loss of 23.5 billion yen for the fiscal year that ended March 31.
EDITORIALS
Apr 5, 2003

A partially changing land-price map

Falling land prices are symptomatic of Japan's deflationary economy. Banks sell collateralized land to write off dud loans. Companies dump their land holdings to pay off debts. Land prices drop further as the property market weakens. As things stand, there seems to be no way to halt this vicious circle....
BUSINESS
Apr 5, 2003

IRC execs implore banks to sell bad loans

Newly appointed executives of the government's planned industrial revival body delivered a zealous sales pitch Friday, urging banks to sell to the entity loans extended to debt-laden firms as soon as possible.
Japan Times
JAPAN
Apr 4, 2003

Narita is deluged with calls over SARS

The Health, Labor and Welfare Ministry's quarantine office at Narita airport was flooded Thursday with inquiries over the outbreak of a new type of deadly pneumonia virus, officials said.
JAPAN
Apr 4, 2003

LDP unveils fundraising 'controls'

A Liberal Democratic Party panel unveiled a set of proposals Thursday that it claims will tighten controls on political fundraising, including setting a new 1.5 million yen limit on annual donations a party chapter can receive from a single corporation.

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