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BUSINESS
Sep 4, 2012

Both Ford, Toyota claim top-selling car in the world

Ford Motor Co., the second-largest U.S. automaker, and Toyota Motor Corp., Asia's biggest car company, are each saying they produced the best-selling car in the world in the first half. Their definitions are the key.
BUSINESS
May 24, 2005

MMC suffers a 475 billion yen loss

Struggling Mitsubishi Motors Corp. said Monday that its group net loss widened to a record 474.8 billion yen in fiscal 2004, from 215.4 billion yen posted a year earlier.
BUSINESS
Nov 7, 2002

Takeda Chemical profits hit interim record high

Takeda Chemical Industries Ltd. said Wednesday its group net profit logged a year-on-year rise of 2.2 percent in the first half, hitting 133.67 billion yen.
BUSINESS
Aug 7, 2002

Honda Fit remains Japan's favorite car for fourth month

Honda Motor Co.'s Fit compact remained the best selling car in Japan for the fourth consecutive month in July, with sales of 23,019, the Japan Automobile Dealers Association said Tuesday.
BUSINESS
Oct 25, 2001

Supermarkets down, department stores up

Supermarket sales fell in September from a year earlier for the 34th straight month, but department stores saw increased business for the first time in three months, industry groups said Wednesday.
BUSINESS
Feb 27, 2001

FamilyMart to close 500 shops

FamilyMart Co., the third-largest convenience store chain operator, will close some 500 unprofitable shops during fiscal 2001, the company announced Monday.
BUSINESS
Aug 16, 2000

Motorcycle makers gear up to tackle domestic slump

Despite brisk business in the global market, Japanese motorcycle makers have for years watched their domestic sales slide.
LIFE / Food & Drink
Aug 15, 2020

How COVID-19 has reshaped Japan's drinking culture

Suit-clad office workers are no longer flocking to Japanese-style pubs en masse to unwind after a long day at the office. Where are they drinking instead?
Japan Times
BUSINESS / Economy
Feb 25, 2013

NYC condo prices go through the roof

Michael Stern was prepared for a gradual real estate rebound after buying a New York office tower in December 2009, with plans to convert it to condominiums following a housing plunge that sent prices down 31 percent.
BUSINESS
Sep 25, 2009

Nintendo reduces price of Wii in attempt to keep lead on rivals

Nintendo Co. has cut the price of the top-selling Wii for the first time since the game console's debut in 2006 to maintain its lead after Microsoft Corp. and Sony Corp. reduced the cost of their systems.
BUSINESS
Feb 17, 2007

Brewers see mixed results as beer thirsts turn flat

Major Japanese brewers had mixed earnings results in 2006, with their performance largely determined by the sales of low-cost, beerlike drinks.
BUSINESS
Jul 30, 2004

Matsushita sees 12-fold rise in profit

Matsushita Electric Industrial Co. said Thursday its net profit for the April-June quarter soared 12-fold to 32.82 billion yen on strong sales of plasma display-panel TVs and cost-cutting efforts.
Japan Times
BUSINESS
Nov 7, 2003

Cutting costs helps Mazda double profit

Mazda Motor Corp. said Thursday its consolidated net profit in the first half of fiscal 2003 doubled from a year earlier to 11.15 billion yen.
BUSINESS
Apr 24, 2003

Nissan reports record operating profit

Nissan Motor Co. announced Wednesday a record group operating profit of 737 billion yen for the year through March, up 50.7 percent from the previous year, thanks mainly to increased car sales at home and reduced purchasing costs.
BUSINESS
Nov 13, 2002

Cost-cuts, yen put MMC back in black

Mitsubishi Motors Corp. surged back into the black with a consolidated net profit of 6.64 billion yen during the April-September period thanks to reduced costs, a weaker yen and brisk overseas sales, company officials said Tuesday.
BUSINESS
May 16, 2002

Trading house Mitsubishi logs 34.6% profit drop

Trading house Mitsubishi Corp. said Wednesday its group net profits in fiscal 2001 plunged 34.6 percent, primarily due to a 51.5 billion yen fall in securities sales.
BUSINESS
Dec 28, 2001

Industrial output declines 1.8%

Industrial output for November declined 1.8 percent from a month before to a 14-year low, according to a preliminary report released Thursday by the Ministry of Economy, Trade and Industry.
JAPAN
Sep 28, 2001

Unemployment stays at 5%

The seasonally adjusted unemployment rate remained at a record-high 5 percent for the second consecutive month in August, sources said Thursday.
BUSINESS
Aug 25, 2001

July heat wave failed to lift supermarkets from slump

Supermarket sales in July fell for the 32nd consecutive month, 4.7 percent from a year earlier to 1.424 trillion yen, the Japan Chain Stores Association said Friday.
BUSINESS
Apr 27, 2001

Aiwa posts huge net loss in fiscal '00

Ailing audio and video equipment maker Aiwa Co. said Thursday its group net loss more than tripled in fiscal 2000 due to sluggish personal consumption in Japan and unfavorable overseas factors, including the rapid slowdown in the U.S. economy.
JAPAN
Nov 9, 1999

Honda takes beating from strong yen

Honda Motor Co. announced Tuesday that it suffered a 19.6 percent decline in pretax profit on a group basis during the April-September period to 226.4 billion yen.
The No. 1 Poultry building, left, in the City of London
BUSINESS
Jul 20, 2023

South Korean investors stung as bet on offices in financial centers turns sour

With a growing need for environmental credentials for corporate renters and downsizing due to the pandemic, office real-estate markets are seeing a "flight to quality" — leaving some exposed
An X90 Plus crossover — produced by Chinese automaker Jetour — sits ready for sale at a dealership in the Moscow Region on July 12.
BUSINESS
Jul 20, 2023

Made in Russia? Chinese cars drive a revival of Russia's auto factories

The rebirth of the Moskvich is a sign of China's growing sway over an important sector of Russia's economy.
Toyota Motor Corp.’s quarterly profit exceeded estimates as improvements in the supply of semiconductors and a cheap yen helped the carmaker capitalize on a global rebound in demand for new vehicles.
BUSINESS / Companies
Aug 1, 2023

Toyota profit tops estimates, sticks to full-year forecasts

A post-pandemic surge allowed the automaker to boost production and sell a record number of vehicles in June.
AIRism clothing on display at Uniqlo 5th Avenue in New York on Monday
BUSINESS
Aug 2, 2023

Garment-makers bet on 'cooling' fabrics as temperatures rise

With widespread heat waves, and inflation-weary consumers prioritizing essentials, retailers are pursuing sales by marketing "cooling" garments.
More than 30 samples of drugs made by Synokem, including generic abortion pills, have failed quality tests conducted by Indian regulators and public health researchers since 2018.
BUSINESS
Aug 3, 2023

Global abortion pill provider buys from maker with poor quality record

More than 30 samples of drugs made by Delhi-based Synokem Pharmaceuticals have failed quality tests conducted by Indian regulators.
Toyota's sales in China fell in July amid intense competition with local brands.
BUSINESS / Companies
Aug 30, 2023

Toyota output hits monthly record for July on robust demand

Worldwide sales, including for subsidiaries Daihatsu and Hino, rose 5.2% to 918,345 units.
Manufacturing machinery and electronic components were among the biggest drags on Japan's industrial output in July.
BUSINESS / Economy
Aug 31, 2023

Japan output drops in July as global slowdown reverberates

Factory output declined 2% from June, the industry ministry said Thursday.
Chinese President Xi Jinping may have to relinquish some control as his strategy of keeping a firm grip on the economy comes under pressure.
ASIA PACIFIC / Politics
Sep 11, 2023

China’s economic pain is a test of Xi’s fixation with control

Recent troubles have brought into focus long-term problems, and fed unusually candid domestic debate about the direction of economic policy under Xi.
A Final Fantasy XVI video game displayed at a PlayStation pop-up shop in Seoul. The game's maker Square Enix is on a streak of misfires in attempts to build another hit series to buttress sales.
BUSINESS / Companies
Sep 13, 2023

Final Fantasy maker’s 30% plunge may be just the beginning

Investors wonder whether one of the games industry’s most remarkable runs is coming to an end.

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?