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JAPAN
Dec 5, 2001

State postpones plan to release shares in three JR firms

The Land, Infrastructure and Transport Ministry has decided not to sell its remaining equity stakes in East Japan Railway Co., West Japan Railway Co. and Central Japan Railway Co. this fiscal year, sources close to the case said Tuesday.
BUSINESS
Dec 4, 2001

Tokyu posts 47.5% drop in profits

Railway operator Tokyu Corp. said Monday its consolidated pretax profit dropped 47.5 percent in the fiscal first half to Sept. 30 as its mainstay rail business shrank.
COMMENTARY
Dec 3, 2001

A year on, Kim's dream still unrealized

SEOUL -- South Korean President Kim Dae Jung will enjoy his trip to Europe. For 11 days, until Dec. 12, he can turn his back on merciless domestic politics, which have been causing him so many headaches. South Korea's president is far more popular beyond the borders of his country than among his own...
BUSINESS
Dec 1, 2001

Enron's fall would stifle liberalization: Hiranuma

The expected collapse of U.S. energy giant Enron Corp. will hinder Japan's efforts to liberalize its energy market, Takeo Hiranuma, the minister of economy, trade and industry, said Friday.
JAPAN
Dec 1, 2001

Motivators instill staff with a new enthusiasm

With the economy in deep freeze, motivational firms that claim they have the power to inject new vim into lifeless workers are attracting the attention of executives yearning to recapture lost corporate brio.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Dec 1, 2001

Patrick Carroll

From the sea to the sky: When he was living in southeast England, Patrick Carroll joined the Royal Naval Reserve, the "part-time navy." He served on small vessels, such as minesweepers and patrol vessels. When he came to Japan, he volunteered his services to the Royal Naval Association Japan Branch....
BUSINESS
Nov 29, 2001

S&P ranks Japan with Italy in cellar of G7 credit league

Standard & Poor's Corp. said Wednesday it has lowered its long-term local and foreign currency sovereign credit ratings on Japan to AA from AA-plus.
BUSINESS
Nov 29, 2001

Takeda Chemical lab to bear fruits of DNA research

OSAKA -- Takeda Chemical Industries Ltd. said Wednesday it will build a new laboratory in Osaka devoted to developing innovative drugs based on its research into the human genome.
LIFE / Digital / NAME OF THE GAME
Nov 29, 2001

The battle is for second

The door to the haunted house creeks open and a terrified man with a mustache and chattering teeth peers in.
EDITORIALS
Nov 28, 2001

A long-term budget helps reform

Six months into his economic reform campaign, Prime Minister Junichiro Koizumi is doing a fairly good job. Determined to reduce public debt, he has kept his promise to limit new bond sales for the fiscal year 2001 to no more than 30 trillion yen. At the same time, in an urgent move to help the growing...
CULTURE / Film
Nov 28, 2001

Some like it chemical

Original Sin Rating: * * * Japanese title: Poison Director: Michael Cristofer Running time: 116 minutes Language: English Now showing
BUSINESS / ON THE FRONT LINE
Nov 28, 2001

U.S. set to rebound, not Japan

Investors have taken heart from recent U.S. economic reports that show a 7.1 percent rise in retail sales in October, the strongest surge on record, and a continued fall in the number of weekly jobless claims.
JAPAN
Nov 27, 2001

Web site auctions overpriced tickets to Ghibli Museum of Animation

Admission tickets to the Ghibli Museum of Animation in Mitaka in western Tokyo are being resold in Internet auctions at up to 10 times their original price, according to Mitaka officials.
COMMUNITY
Nov 25, 2001

Keeping up appearances -- not prices

"Recession." "Nikkei Average plunges below 10,000." "Unemployment tops 5%." Depressing economic trends of the past few years, reflected in headlines like these, have had a profound impact on consumer spending. But now, with less cash to splash out on extravagances, do we have to forego being fashionable?...
COMMUNITY
Nov 25, 2001

Key insight spells riches for Hollywood nail care magnate

All it took for a small dental supply business to become the world's largest independent manufacturer of nail products was one man's realization that some of his biggest buyers of dental acrylics weren't dentists at all they were manicurists.
BUSINESS
Nov 23, 2001

UFJ writeoffs will balloon to 2 trillion yen

UFJ Holdings Inc. said Thursday its member banks' total bad-loan writeoffs will balloon sixfold from original estimates to an unprecedented 2 trillion yen for the full business year ending March 31, on the back of likely failures among major borrowers.
BUSINESS
Nov 23, 2001

Ministers defend budget-finance plan

Several Cabinet ministers on Thursday defended a plan to use funds from the sale of Nippon Telegraph and Telephone Corp. shares to finance a 2.5 trillion yen second supplementary budget for fiscal 2001.
BUSINESS
Nov 23, 2001

UFJ writeoffs will balloon to 2 trillion yen

UFJ Holdings Inc. said Thursday its member banks' total bad-loan writeoffs will balloon sixfold from original estimates to an unprecedented 2 trillion yen for the full business year ending March 31, on the back of likely failures among major borrowers.
BUSINESS
Nov 23, 2001

China-Japan trade discussions fail once again

Japan and China, in their government-level meeting, failed again Thursday to settle a trade row over Japan's emergency import curbs, according to officials from the Ministry of Economy, Trade and Industry.
BUSINESS
Nov 23, 2001

Bank of Yokohama's profits plunge as bad loans bite

The Bank of Yokohama said Thursday its group net profits fell 53.3 percent in the first half ending Sept. 30, mainly due to hefty loan-loss charges and appraisal losses on its stockholdings.
BUSINESS
Nov 21, 2001

Honda best Fit for car of the year

Honda Motor Co.'s compact car Fit has been named the 2001 RJC Car of the Year, a group of automobile researchers, critics and journalists said Tuesday.
BUSINESS
Nov 21, 2001

Softbank reports interim net loss

Internet investor Softbank Corp. on Tuesday posted consolidated net losses of 54.32 billion yen for the first half of the business year, compared with consolidated net profits of 36.31 billion yen in the same period last year.
BUSINESS
Nov 20, 2001

Three cooking oil producers to integrate

Nisshin Oil Mills Ltd., Japan's largest cooking oil producer, and two other companies in that field said Monday they will integrate operations on April 1 through an equity swap scheme to sharpen their competitiveness.
BUSINESS
Nov 20, 2001

Stock losses send IHI into the red

Ishikawajima-Harima Heavy Industries Co. said Monday its group net balance sank into the red in the first half of the 2001 business year, mainly due to hefty appraisal losses on its stockholdings.
BUSINESS / TAKING STOCK
Nov 20, 2001

Stocks grope for new bottom

With the downtrend in share prices continuing unabated, the Nikkei average fell below 10,000 earlier this month for the first time in about a month.
Japan Times
JAPAN
Nov 20, 2001

Execs lament poor English of Japanese

Selecting English as its official language was not easy for Nissan Motor Co., but it helped facilitate a smooth tieup with Renault SA of France, Nissan Chairman Yoshikazu Hanawa said at a recent symposium in Tokyo.
BUSINESS
Nov 19, 2001

Dollar likely to stay firm against yen this week

The U.S. dollar will likely stay firm against the yen this week on growing optimism about the U.S. economy and hopes for developments in Afghanistan that are favorable to the United States.
COMMENTARY / World
Nov 18, 2001

Will New York ever be New York again?

NEW YORK -- I was one of many New Yorkers who had the sad experience of witnessing the destruction of the World Trade Center twin towers. The memories of those moments -- gigantic skyscrapers collapsing like castles made of sand -- have not disappeared from my mind. I wonder if they ever will? After...
Japan Times
COMMUNITY
Nov 18, 2001

The long road to a barrier-free Japan

Compact size. Lightweight. High-speed. Extra new features. Appealing design. Competitive price. Manufacturers have long focused on criteria like these in their quest for successful product lines. In the single-minded pursuit of profits, though, consumers unable to adapt themselves to standardized products...

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