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April 30, 2025
 

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BUSINESS
Jan 22, 2002

Shokusan Jutaku begins 'revival' process

Shokusan Jutaku Sogo Co., a major builder of custom-made houses that went bust earlier this month, said Monday the Tokyo District Court has decided to begin legal proceedings under the Civil Corporate Revival Law.
BUSINESS
Jan 21, 2002

Insurers set to finalize details of merger plans

Top officials from Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co. will meet today to iron out the details of a proposed business integration, including the transfer of Asahi's sales division to a wholly owned subsidiary of Tokio Marine, company sources said Sunday.
BUSINESS
Jan 19, 2002

Insurance body vice chief steps down

The Life Insurance Association of Japan said Friday its board accepted a proposal to replace vice chief Yuzuru Fujita, president of Asahi Mutual Life Insurance Co., with Shinichi Yokoyama, president of Sumitomo Life Insurance Co. Fujita is leaving because he wants to focus all his energy into efforts...
JAPAN
Jan 18, 2002

Produce growers learning to cope with competition

Unlike traditional family farms, 52-year-old Tetsuichi Umezu runs his like a corporation.
BUSINESS / ON THE FRONT LINE
Jan 18, 2002

Exhausted dollar consolidating its range

Market participants are now divided over the future of the yen-dollar rate, with some expecting the yen to continue its fall while others believe the opposite.
COMMENTARY / World
Jan 17, 2002

Beijing's political reflexes still at war with modernity

HONG KONG -- In the 23 years since Deng Xiaoping opened China to the outside world, it has become one of the world's great trading nations. Now the further onrush of foreign trade is to be used as a forcible stimulant to hasten China's economic reform and to enhance modernization. So Dec. 11, the day...
JAPAN
Jan 17, 2002

Gloomy economic assessment left unchanged by government

The government left its bleak assessment of the economy unchanged in a monthly report issued Wednesday but said the decline in exports may be bottoming out.
BUSINESS
Jan 17, 2002

Shokusan to sell Homest to Painthouse

Shokusan Jutaku Sogo Co., a failed builder of custom-made houses, has agreed to sell its new-home construction business to Painthouse Co. for 1 billion yen, the companies said Wednesday.
BUSINESS
Jan 17, 2002

Food firms resolve curry confusion

S&B Foods Inc. and House Foods Corp. have reached an out-of-court settlement in a suit over similar package designs used for their curry products, S&B said Wednesday.
BUSINESS
Jan 16, 2002

UFJ Bank makes shaky debut

UFJ Holdings Inc. decided Tuesday to dip into its reserves to the tune of 1 trillion yen to make dividend payments, indicating that the group's new bank, which officially began operations the same day, is already desperately low on capital.
COMMUNITY
Jan 13, 2002

Time catches up with old men and the sea

HAKODATE, Hokkaido --Kenji Fujita sits among his crabs, the wood fire in a tin bucket at his feet a thin defense against the predawn chill. It's minus 3 degrees at Hakodate's famed morning market, the pitch darkness of 4 a.m. adding layers to the cold.
COMMUNITY
Jan 13, 2002

Fukuoka fish are jumping

FUKUOKA -- First-time visitors to this sunny city are often told with a certain friendly belligerence that Fukuoka's seafood is the best in Japan. Usually, just a glimpse of its sparkling harbor and rugged natural coastline is enough to whet their appetite to test this claim.
SOCCER / World cup
Jan 13, 2002

Donations for World Cup 80 percent off expectations

The Japanese organizing committee for the 2002 World Cup (JAWOC) is struggling to raise donations, having received less than 20 percent of what was projected in its revenue plan.
JAPAN
Jan 11, 2002

Farm minister's retirement pay hit

Lawmakers on Thursday fiercely criticized the huge retirement payment allocated to Hideaki Kumazawa, the former vice farm minister who stepped down this month amid criticism of the ministry's handling of the recent outbreak of mad cow disease.
JAPAN
Jan 10, 2002

Lower House member's ex-aide involved in construction scandal

A company connected to the former secretary of a senior politician received more than 10 million yen from construction companies in return for introducing local government heads and major contractors, industry sources said.
BUSINESS
Jan 10, 2002

Sanwa, three other banks look at bailing out struggling Daiei

Sanwa Bank and three of Daiei Inc.'s other creditor banks are considering a bailout package for the struggling supermarket chain, including debt forgiveness and a debt-for-equity swap, as one of "many options," a Sanwa Bank spokesman said Wednesday.
BUSINESS
Jan 10, 2002

Merrill Lynch to ax 20 branches

Merrill Lynch Japan Securities Co. said Wednesday it will drastically reduce its retail brokerage business in Japan, closing 20 of its 28 branches.
BUSINESS / ON THE FRONT LINE
Jan 9, 2002

Positive TSE start masks long-term gloom

The Tokyo stock market has rung in 2002 on a positive note, stirring hope over the prospects of high-priced activity in the months ahead.
BUSINESS
Jan 9, 2002

Aso calls for time frame for consumption tax hike

The Liberal Democratic Party's top policymaker on Tuesday called for setting mid- to long-term time frames for raising the consumption tax beyond the current 5 percent.
BUSINESS
Jan 9, 2002

Daiei to sell transport unit to U.S. investment firm

Troubled supermarket chain operator Daiei Inc. said Tuesday it will sell its secure-transportation subsidiary to the Carlyle Group, a major U.S. private equity investment company, for roughly 3.5 billion yen in February to reduce group interest-bearing debts.
BUSINESS
Jan 8, 2002

Mycal to launch 80% discount sales

OSAKA -- Failed supermarket chain operator Mycal Corp. said Monday it will sell some 10 billion yen worth of stock at discounts of up to 80 percent at its Saty retail outlets and Vivre apparel stores.
Japan Times
BUSINESS
Jan 4, 2002

Town ties fate to remnants of an industry

KUSHIRO, Hokkaido -- Although the new year was just around the corner, there was little joy to be seen in the southeast end of this port city.
COMMENTARY / WASHINGTON UPDATE
Jan 3, 2002

A changed U.S. greets 2002

WASHINGTON -- Welcome to Year One of the time thereafter. If there is a constant in the commentaries on Sept. 11, it is that it was a day whose events changed the way we will live forever.
BUSINESS
Jan 1, 2002

Innovative banking upstarts struggle to establish foothold

New, innovative entrants into the domestic banking sector have struggled to establish themselves amid the turbulent business climate.
BUSINESS
Jan 1, 2002

No changes seen for January economic report

The government is considering leaving its gloomy assessment of the economy unchanged in a monthly report to be released by the Cabinet Office in mid-January, government officials said.
BUSINESS
Jan 1, 2002

Economy to be severe in first half: BOJ

The state of the nation's economy will likely remain severe in the first half of 2002 as a result of the Prime Minister's ongoing structural reforms, according to the chief of the central bank.
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.
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.
China seizes disputed reef near key Philippine military outpost
China Coast Guard officers unfurl a national flag on Sandy Cay reef, near the Philippine-held Thitu Island, in disputed waters of the South China Sea this month in this screen shot taken from Chinese state broadcaster CCTV.
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

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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