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JAPAN
Apr 30, 2002

Inventors advised to take out patents

Amid the prolonged recession, more people are trying their hand at inventing in the hope of making a fast fortune.
BUSINESS
Apr 30, 2002

'Community currencies' seen fulfilling only half of mission

The recent boom in community "currencies" -- a virtual form of payment being used to promote exchanges of goodwill and business -- seems to have reached a turning point.
BUSINESS / ON MANAGEMENT
Apr 30, 2002

Timing is everything in redoing contracts

Negotiating, often denigrated as a field for those with more attitude than aptitude, is often the place where very smart executives make glaringly dumb decisions. A good example of this surfaced when ABC attempted to woo David Letterman away from CBS.
BUSINESS
Apr 28, 2002

Asahi Mutual eyes net profits in '01

Asahi Mutual Life Insurance Co. will likely secure the equivalent of a stock company net profit in the year to March 31 despite its plan to write off some 400 billion yen in latent stockholding losses, company sources said Saturday.
BUSINESS
Apr 27, 2002

Two major brokerages sink deep into the red in fiscal '01

Two of the nation's three main brokerages on Friday said they sank deep into the red in the year that ended March 31, as sluggish share prices and competition from online and bank-affiliated brokers sent retail revenues plunging.
Japan Times
JAPAN
Apr 27, 2002

Waseda project hatching entrepreneurs

Inside decades-old school buildings in Shinjuku Ward, Tokyo, that had been used by Waseda Jitsugyo High School until a year ago, university students and entrepreneurs work around the clock to realize their dream of launching successful startup businesses.
BUSINESS
Apr 26, 2002

Nichido Fire rapped for car policies

The Financial Services Agency ordered Nichido Fire & Marine Insurance Co. on Thursday to suspend some of its operations after it was found to have sold an unauthorized type of automobile insurance.
BUSINESS
Apr 25, 2002

Balance of short-sold shares breaks five-week decline

The balance of shares sold short turned higher last week, snapping a five-week back-to-back decline.
BUSINESS
Apr 25, 2002

Insurer likely to be rapped for unauthorized sales

The Financial Services Agency is expected to punish Nichido Fire & Marine Insurance Co. for allegedly selling car insurance policies without obtaining official approval, sources said Wednesday.
Japan Times
CULTURE / Music / HIGH NOTES
Apr 24, 2002

Bobby McFerrin: 'Beyond Words'

Singer Bobby McFerrin knows the mixed blessing of a hit song. His 1988 pop hit "Don't Worry, Be Happy" earned him sales that most jazz vocalists would kill for, but, somehow, people missed the irony. They also failed to realize that the full sound of the song came from his voice -- and his voice only...
BUSINESS
Apr 24, 2002

Toyota, Mitsubishi, Honda enjoy increases in overseas production

The nation's five major automakers reported mixed results for exports in the 2001 business year, according to data released Tuesday, with three of them seeing an increase in overseas production figures.
BUSINESS
Apr 19, 2002

Mazda to release 36 new models as it accelerates out of the red

Mazda Motor Corp. President Mark Fields said Thursday that the company plans to launch 36 new models over the next couple of years, following expectations that it has returned to profitability in the just-ended fiscal year.
BUSINESS
Apr 19, 2002

Sharp confirms end of flex-time

OSAKA -- Sharp Corp. has announced that it did away with its flex-time employment system last month.
JAPAN
Apr 18, 2002

Probe ordered into Marubeni unit

The farm ministry on Wednesday ordered Marubeni Chikusan Corp., a unit of trading house Marubeni Corp., to launch a full investigation into a mislabeling scandal involving its chicken products.
BUSINESS
Apr 17, 2002

Mazda unleashes remodeled minivan

Mazda Motor Corp. on Tuesday released a new version of its MPV minivan, the first of four new or remodeled products that the automaker plans to launch in Japan this year.
JAPAN
Apr 16, 2002

Ex-Daiwa Toshi president denies 2.9 billion yen scam

OSAKA -- Former Daiwa Toshi Kanzai President Hiroshi Toyonaga pleaded not guilty Monday to defrauding clients out of 2.9 billion yen through sales of securities by the failed mortgage-backed securities broker that were later found to be worthless.
BUSINESS / TAKING STOCK
Apr 16, 2002

Factors point to bumpy ride

The key Nikkei average appears likely to reclaim the 12,000 level in the coming months, given Asia's V-shaped economic recovery and signs that the global silicon cycle is about to enter a new phase.
BUSINESS
Apr 16, 2002

Daiei offloads part of stake in Ichiken

Debt-saddled retailer Daiei Inc. said Monday it has agreed to sell slightly more than half of the group's equity stake in midsize construction firm Ichiken Co. to Toyo Techno Corp.
EDITORIALS
Apr 14, 2002

Beyond Oprah's book club

Last week, U.S. fiction publishers heard to their dismay that they are about to lose the single biggest booster their industry has known in the past six years: television talk-show host Oprah Winfrey's astonishingly influential monthly book club. True, the same period also saw the advent of "Harry Potter"...
CULTURE / TV & Streaming / CHANNEL SURF
Apr 14, 2002

It's spring and renewal is in the air

English teachers will definitely want to check out Sunday's two-hour "SmaStation Spring Berabera Festival" (TV Asahi, 6:56 p.m.). "SmaStation" is the latest SMAP-related hit variety series, normally broadcast Saturday nights at 11 p.m. Taking its name from TV Asahi's influential nightly news program,...
COMMUNITY
Apr 14, 2002

Designers unveil new looks to fall for

As the weather warms up and the days get longer, memories of summer's trial-by-heat again begin to send shivers down the collective spine.
Japan Times
JAPAN
Apr 13, 2002

Three-footed crow proves lucky for charm sales

KASHIHARA, Nara Pref. -- A three-footed crow may seem a mysterious idea to say the least, or downright weird to be more blunt.
BUSINESS
Apr 13, 2002

S&P cuts Komatsu

Standard & Poor's Corp. has downgraded its long-term rating on major construction machinery manufacturer Komatsu Ltd. to BBB-minus from BBB, with a negative outlook.
Japan Times
JAPAN / MUSEUM MUSINGS
Apr 13, 2002

Toto showcases cutting-edge shapes in design

For anyone interested in contemporary architecture and interior design, as well as a little extra luxury in the kitchen or bathroom, the Toto Nogizaka Building is the place to admire the latest curves, lines and designs.
BUSINESS
Apr 13, 2002

Honda, Sanyo tie up on nickel-hydrogen batteries

OSAKA -- Honda Motor Co. and Sanyo Electric Co. have agreed to jointly develop nickel-hydrogen batteries for use in Honda hybrid automobiles, Sanyo officials said Friday.
BUSINESS
Apr 11, 2002

Toyota tops college poll as most attractive firm

Toyota Motor Corp. is the most popular company among college seniors preparing to enter the workforce after they graduate in March, according to a survey released Wednesday by a research arm of job information publisher Recruit Co.
BUSINESS
Apr 11, 2002

MTFG revision in ballpark: S&P

Standard & Poor's Corp. said Wednesday the downward revision of earnings by the Bank of Tokyo-Mitsubishi and Mitsubishi Trust & Banking Corp. -- parts of the Mitsubishi Tokyo Financial Group -- won't affect its ratings on the banks.
Japan Times
BUSINESS / INTERNATIONAL RATIONALE
Apr 11, 2002

Domestic, foreign insurers engaged in turf war

The deregulation of Japan's insurance sector last year has set domestic and foreign-affiliated companies squarely against each other in the cancer and medical insurance battlefield.
BUSINESS / ON THE FRONT LINE
Apr 11, 2002

Middle East tensions keep heat on dollar

The dollar remains under downward pressure amid fears over heightened tensions in the Middle East and a runup in crude oil prices.
BUSINESS
Apr 11, 2002

Shares bought on credit up fourth week in row

The balance of shares bought on credit rose for the fourth straight week last week, reclaiming the 1.2 trillion yen level for the first time in five months.

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building