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May 01, 2025
 

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Japan Times
BUSINESS
May 24, 2002

Snow Brand Milk posts 71.74 billion yen net loss

Struggling Snow Brand Milk Products Co. said Thursday it posted a group net loss of 71.74 billion yen for the 2001 business year, 35 percent worse than the year before, due to plunging sales in the wake of a food mislabeling scandal at its meat packing subsidiary.
SOCCER / World cup
May 23, 2002

JAWOC takes measures to solve ticket crisis

The Japanese World Cup Organizing Committee on Tuesday formed a department within its organization to deal with the current delay in delivery of World Cup tickets.
JAPAN
May 23, 2002

Japanese intervention brings yen to 125 level

The yen soared to a new high for the year of 123.50 against the dollar in Tokyo on Wednesday before yen-selling intervention by the Finance Ministry and Bank of Japan brought it back down around the 125 level later in the day.
BUSINESS
May 23, 2002

Skepticism fuels short selling

The balance of shares sold short topped 1 trillion yen for the first time in seven weeks last week, mirroring growing skepticism about the outlook for domestic stock markets.
BUSINESS
May 22, 2002

Nissan, Toyota gear up to win lion's share of minivan market

Nissan Motor Co. and Toyota Motor Corp. are gearing up for keener competition in the minivan market, auto industry officials said Tuesday.
BUSINESS
May 22, 2002

Toyobo hit by securities appraisals

OSAKA -- Toyobo Co. said Tuesday its group net balance fell into the red in the 2001 business year due mainly to appraisal losses on securities holdings.
JAPAN
May 21, 2002

Titanium dioxide plus sunlight spells clean

The exterior walls of the Toto Research Institute in Chigasaki, Kanagawa Prefecture, look like patchwork; some square areas are dark with stains while others are spotless.
BUSINESS / TAKING STOCK
May 21, 2002

Stock rebound brings hope of stability

The recent rebound on Wall Street could presage a more stable market in the near term.
BUSINESS
May 21, 2002

Asahi Glass posts first group loss

Asahi Glass Co. said Monday it posted a group net loss of 12.61 billion yen for fiscal 2001, marking its first bottom-line loss since going public in 1950.
Japan Times
BUSINESS
May 21, 2002

Mazda fetes first model in 1 1/2 years

Mazda Motor Corp. on Monday began marketing its first new offering in 18 months -- a midsize car called the Atenza.
JAPAN / WEEKEND WISDOM
May 19, 2002

Maverick metal molder happy solving big boys' problems

Masayuki Okano is living proof that building a better mousetrap gets the world to beat a path to your door.
BUSINESS
May 18, 2002

Mitsui O.S.K.'s group profit dips

Mitsui O.S.K. Lines Ltd. said Friday its group net profit fell 3.6 percent in fiscal 2001 due primarily to higher sales costs, lower transportation fees and the sluggish global economy.
BUSINESS
May 18, 2002

Yasuda in final talks on tieup with Saison

Yasuda Fire & Marine Insurance Co., the nation's third-largest nonlife insurer in terms of assets, is in final talks to turn Saison Automobile & Fire Insurance Co. into an affiliate, Yasuda Marine said Friday.
BUSINESS / ON THE FRONT LINE
May 16, 2002

U.S. pickup fuels hope for Japan recovery

There is little dispute that a solid pickup in U.S. consumer spending has bolstered evidence that the economic recovery is gaining momentum.
BUSINESS
May 16, 2002

Short-sold share balance up

The balance of shares sold short turned higher last week, with the previous week's first fall in three weeks proving to be a short-lived affair.
BUSINESS
May 16, 2002

Sharp to form AC tieup in Egypt

OSAKA -- Sharp Corp. will form a technology tieup with an Egyptian company to produce air conditioners for sale in the Middle East and Africa, Sharp officials said Wednesday.
BUSINESS / ON THE FRONT LINE
May 15, 2002

Is yen any safer than roller-coaster dollar?

Restless trading is continuing on the currency market, keeping the dollar on its recent roller-coaster ride.
BUSINESS / TAKING STOCK
May 14, 2002

Tokyo market has lots of room to recover

The benchmark Nikkei average has been moving between 11,000 and 12,000 for nearly two months in the absence of strong incentives to drive the market either up or down.
BUSINESS
May 14, 2002

IY Bank admits double-billing 4,000 accounts for bank fees

IY Bank, the banking unit of retailer Ito-Yokado Co., said Monday that 4,000 accounts were erroneously double-billed for monthly fees.
CULTURE / Books / THE ASIAN BOOKSHELF
May 12, 2002

When in doubt, just say 'wakarimasen'

Violent antisocial crimes by teenagers have sent shockwaves through Japan in recent years, hinting ominously at cracks in the very foundations of modern Japanese society. On a more mundane level, older Japanese often find themselves puzzled and annoyed by the everyday behavior of young people, who often...
BUSINESS
May 11, 2002

Softbank posts 88.76 billion yen net loss

Internet business investor Softbank Corp. dipped into the red in the year that ended March 31, due to costs to build infrastructure for broadband online services and a devaluation of the firm's stockholdings, company officials said Friday.
JAPAN
May 11, 2002

Snow Brand officials arrested

KOBE -- Five former executives of Snow Brand Foods Co. were arrested Friday on suspicion of defrauding an industry body out of 196 million yen by mislabeling beef.
Japan Times
COMMUNITY
May 11, 2002

Coffee machines, bread, teas . . . whatever next?

Marcel Niederhauser is one happy businessman. In the lobby of Tokyo's Hilton Hotel in Shinjuku, visiting the small shop he opened with a Japanese partner just two weeks ago, he learns that the first day of Golden Week has been a bonanza. "We moved some 120 packs of tea. We're very, very happy with the...
BUSINESS
May 10, 2002

More shares bought on credit

The balance of shares bought on credit -- a sensitive indicator of investor sentiment -- rose for the second straight week last week.
BUSINESS
May 10, 2002

Coincident index tops 50% for first time in 15 months

The key gauge of the current state of the economy topped the boom-or-bust line of 50 percent in March for the first time since December 2000, the government said Thursday in a preliminary report.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
Delta routes new Airbus plane to Tokyo to sidestep Trump tariffs
Delta Air Lines signage on the floor of the New York Stock Exchange in New York on April 9. The airline is flying a new Airbus SE plane through Japan to skirt U.S. import tariffs.
High levels of PFAS found in blood of Osaka factory workers
The levels of a type of "forever chemical" found in seven current and former employees at Daikin Industries' Yodogawa plant in Osaka Prefecture were about 38 times those for nearby residents, according to a survey conducted by a team including Kyoto University.
Could this be Japan’s year at the Kentucky Derby?
Christophe Lemaire rides Admire Daytona, who was bred in Japan, during the UAE Derby at Meydan Racecourse in Dubai on April 5.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
U.S. secretary of the navy weighs ‘dual-use’ shipbuilding with Japan
John Phelan at a Senate confirmation hearing for U.S. secretary of the navy in Washington in February

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
By Alex K.T. Martin

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