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EDITORIALS
Apr 28, 2006

An unprecedented payment

Japan and the United States have reached an agreement on how they will share the cost of relocating 8,000 U.S. Marines plus some 9,000 dependents from Okinawa to Guam. Japan will shoulder 59 percent or $6.09 billion (710 billion yen) of the total $10.27 billion (1.2 trillion yen) cost.
BUSINESS
Apr 28, 2006

TVs twist electronics earnings

Sales of flat-screen TVs proved pivotal to the fortunes of major consumer electronics makers Sony Corp., Hitachi Ltd. and Mitsubishi Electric Corp. in 2005, according to their annual reports released Thursday.
BUSINESS
Apr 28, 2006

JAXA, Asics plan ISS footwear line

Japan's space agency and Asics Corp. will jointly produce shoes to help prevent the loss of muscle strength in astronauts living in the weightlessness of space.
JAPAN
Apr 27, 2006

Aneha, seven associates in building fraud held

Disgraced architect Hidetsugu Aneha and seven of his associates were arrested Wednesday in a sweep of key figures linked to the building safety fraud that has rocked the country, but the specific charges they face as yet are not tied to the scam.
BUSINESS
Apr 27, 2006

Honda achieved record 597 billion yen profit in '05

Honda Motor Co. said Wednesday that it logged a record consolidated net profit of 597.03 billion yen on record sales of 9.91 trillion yen for the business year that ended March 31, thanks to strong auto sales in North America and Europe.
BUSINESS
Apr 21, 2006

Yahoo Japan sets another profit record

Yahoo Japan Corp. reported Thursday that it set an all-time high for earnings for the ninth consecutive year, helped by an increase in advertising and the popularity of its Internet auction and shopping businesses in 2005.
BUSINESS
Apr 20, 2006

Gandhara fund ups Livedoor stake

Hong Kong-based Gandhara Master Fund had acquired 8.26 percent of Livedoor Co.'s outstanding shares by last Thursday, the day before the Internet company was delisted from the Tokyo Stock Exchange.
BUSINESS
Apr 20, 2006

Banks halt loan ties with strong-arm Aiful

Several banks have suspended their lending tieups with Aiful Corp. since the Financial Services Agency punished the company last week for illegal lending and strong-arm collection practices.
JAPAN
Apr 19, 2006

Police question Huser president

Police on Tuesday questioned Susumu Ojima, president of failed condominium developer Huser Ltd., on a voluntary basis about suspicions the firm sold units in a condominium building in Kanagawa Prefecture despite being aware it was built using fabricated quake-resistance data, investigative sources said....
SOCCER / PREMIER REPORT
Apr 15, 2006

Timing of Rooney-Owen row not a good omen for England

Hell hath no fury like a bookmaker scorned.
BUSINESS
Apr 15, 2006

FSA orders suspension at Aiful

The Financial Services Agency said Friday it has ordered consumer finance firm Aiful Corp. to suspend most operations at its 1,700 outlets for three to 25 days over the use of strong-arm collection tactics.
EDITORIALS
Apr 14, 2006

A new approach for prisons

The 1908 Prison Law was revised last year to improve protection of prisoners' human rights and enhance their social rehabilitation, ushering in a new era of reforms in the nation's prison system. A new type of prison is now under construction in Mine, Yamaguchi Prefecture. The Mine Social Rehabilitation...
BUSINESS
Apr 14, 2006

Livedoor stockholders to sue for compensation

About 1,000 Livedoor Co. shareholders will launch a damages suit in late May against the Internet firm and its former executives to recover their losses from the sharp fall in its stock price following allegations of accounting fraud, their lawyers said Thursday.
BUSINESS
Apr 14, 2006

JT to appoint Kimura new chief

Japan Tobacco Inc. plans to appoint Director Hiroshi Kimura as the new president to succeed Katsuhiko Honda, who will become adviser, company officials said Thursday.
BUSINESS
Apr 14, 2006

Companies court women with children as workforce shrinks

Companies are trying to make working conditions more tolerable for women with children in an effort to retain them as the workforce continues to shrink amid population decline and the retirement of the baby boomers.
BUSINESS
Apr 11, 2006

Inpex in on 700 billion yen Australia LNG project

Inpex Holdings Inc., Japan's largest oil developer, will produce liquefied natural gas in Australia, with overall investment in the project estimated at 550 billion yen to 700 billion yen, according to company sources.
JAPAN / Media / MEDIA MIX
Apr 9, 2006

Bringing the lady-makes-tea debate to the boil

In the early 1990s I interviewed a representative of the vending machine industry who told me that one of the most revolutionary developments in his business was the installation of coffee and tea dispensers in new office buildings. "Think of it," he said excitedly, "women office workers will no longer...
BUSINESS
Apr 6, 2006

NEC, EMC to develop data storage

NEC Corp. and EMC Corp. are expanding their partnership to develop, produce and sell new data storage technology and products, both sides said Wednesday.
BUSINESS
Apr 4, 2006

850,000 new grads enter workforce

An estimated 850,000 new graduates from colleges and high schools joined the workforce Monday, up several hundred thousand from last year as many companies hired more young people on the back of the economic recovery and ahead of the upcoming mass retirement of postwar baby boomers.
COMMENTARY
Apr 3, 2006

Protectionism has returned to Europe

LONDON -- The big idea was that Europe would do away with economic nationalism, sweep away frontiers and stand as a shining example to the rest of the world of free trade and open markets. That was the dream. The reality is turning out rather differently.
COMMENTARY / World
Mar 31, 2006

Let free trade offset guest-worker limits

PALO ALTO, Calif. -- Negative public opinion in the United States was the key factor behind the defeat of the proposed deal to turn over management of six U.S. ports to an Arab company. But the rejection of Dubai Ports World has disturbed America's trading partners and globalization advocates, who see...
JAPAN
Mar 25, 2006

New rules to doom used electrical goods shops?

The phones at the Ministry of Economy, Trade and Industry have been ringing off the hook since early February when it suddenly and quietly changed its enforcement of a 2001 law on electrical appliance safety.
JAPAN
Mar 23, 2006

NEC Engineering exec scammed 50 million yen: firm

A 50-year-old employee at NEC Engineering Ltd. stole about 50 million yen from the company by falsifying business transactions worth a total of 36.3 billion yen from March 2002 to last December, NEC Corp. alleged Wednesday.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past