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BUSINESS
May 23, 2003

Nintendo's record profit run ends

Nintendo Co. said Thursday its consolidated net profit fell 36.8 percent to 67.27 billion yen in fiscal 2002, largely due to lower-than-expected sales of game consoles.
BUSINESS
Sep 26, 2002

Nissan, Honda, Toyota, Mitsubishi see acceleration in overseas output

Four of Japan's five major automakers hiked overseas output in August from a year earlier, with Toyota Motor Corp., Nissan Motor Co. and Mitsubishi Motors Corp. booking double-digit growth, according to data released Wednesday.
BUSINESS
Sep 7, 2002

Demand slump bludgeons earnings forecast of Nippon Steel

The nation's biggest steelmaker, Nippon Steel Corp., said Friday it has revised downward its group earnings projections for the fiscal first half due to a prolonged slump in domestic demand.
BUSINESS
Jul 30, 2002

Honda sees group net profits grow 20% to 107.6 billion yen

Honda Motor Co. said Monday its group net profit rose 20.4 percent to a record 107.6 billion yen in the April-June quarter from a year earlier on strong sales and a weaker yen.
BUSINESS
Oct 10, 2001

Yoshinoya's discounts bring in record profits

Yoshinoya D&C Co., Japan's largest operator of "gyudon" beef-on-rice restaurants, scored record sales and pretax profits on a consolidated basis for the first half of its current business year, company officials said Tuesday.
BUSINESS
May 18, 2001

Mitsui posts 55% gain in group pretax profits

Major trading house Mitsui & Co. said Thursday its consolidated pretax profits for fiscal 2000 expanded 54.7 percent from the previous year to 79.63 billion yen, helped by securities sales.
JAPAN
Jan 25, 2001

Sega may kill off Dreamcast hardware

Sega Corp. said Wednesday it is considering stopping production of hardware for its loss-making Dreamcast video game consoles, pulling out of the home-use game console business and instead supplying game software to its rivals.
JAPAN
May 20, 2000

Nissan falls from 'ni' to 'san'

Nissan Motor Co. fell to third place among Japanese automakers in terms of group sales in fiscal 1999, behind No. 1 Toyota and No. 2 Honda, according to Nissan's earnings report released Friday.
BUSINESS
May 4, 2000

Retailers forced to change their ways

Browsing through the array of goods -- from kitchenware to clothing -- at a new outlet in the Shinjuku branch of the Isetan department store in Tokyo, the price tags may surprise you: 900 yen for a nylon tote bag, 1,900 yen for a T-shirt, 550 yen for a ceramic mug.
BUSINESS
Mar 25, 2000

All 47 prefectures in the red in '98 for first time

The financial situation at prefectural and municipal governments continued to worsen in fiscal 1998, according to a government white paper released Friday.
JAPAN
Nov 12, 1999

Isuzu posts 37.7 billion yen first-half loss

Hurt by the sluggish domestic demand and the appreciation of the yen, Isuzu Motors Ltd. posted unconsolidated pretax losses of 37.7 billion yen in the first half of fiscal 1999, the truck maker reported Friday.
JAPAN
May 27, 1999

Automakers' profits sink in domestic slump

The economic slump continued to plague the nation's five major automakers in fiscal 1998, forcing some to accelerate restructuring efforts, according to their annual earnings reports released as of Thursday.
JAPAN
May 28, 1998

Automakers suffered at home in '97

Japan's five major automakers suffered domestically during the 1997 business year, which ended March 31, but three managed to boost profits on increased sales abroad.
Japan Times
JAPAN / FOCUS
Sep 25, 2022

Between a rock and a hard place: Why Japan’s defense industry is struggling

Japanese firms are reliant on the Defense Ministry and SDF for contracts, and without a change, the very viability of the domestic industry could be called into question.
Japan Times
BUSINESS / Tech
Sep 13, 2022

From blocked to blue ticks: How Twitter learned to love China revenue

Ad purchases on the platform by state-affiliated entities has come as Chinese police arrested more of those finding ways to use the service to criticize authorities.
Japan Times
BUSINESS
Nov 30, 2021

The new masters: How auction houses are chasing crypto millions

The NFT and cryptocurrency boom is dragging auction houses into a new world where sales are made via social media and buyers don't wear suits.
Japan Times
BUSINESS
Aug 9, 2021

A viral video and online furor: How Volkswagen stalled in China

After a clip showed the firm's flagship sedan doing poorly in an unofficial safety test, sales in the world's biggest car market began to take a hit.
Japan Times
BUSINESS / Companies
Jul 31, 2021

Amazon pandemic bump fades as vaccinated shoppers leave home

The world's biggest e-commerce retailer on Thursday reported sales and gave a forecast that fell short of expectations.
Japan Times
BUSINESS / Companies
Feb 1, 2021

Nintendo raises outlook after surpassing high expectations

Nintendo shares outperformed console rivals Sony Corp. and Microsoft Corp. in 2020 and the new PlayStation 5 and Xbox Series X have faced production and logistics setbacks.
Japan Times
LIFE / Food & Drink / KANPAI CULTURE
Dec 19, 2020

Sake brewing in 2020: ‘Hard times are going to be with us for a while’

After years of incremental gains due to growing popularity abroad, Japan's sake producers struggled with substantial losses this year.
Japan Times
BUSINESS
Dec 8, 2020

Hybrids are quietly selling faster than fully electric cars

Many conventional automakers are mulling their options, trying to decide which technologies will reign in the decades between now and a full transition away from combustion engines.
Japan Times
LIFE / Style & Design / ON: FASHION
Jun 14, 2020

Fashion on pause looks for a path forward

Fashion in Japan is tentatively back in business. What to expect? Socially distanced shopping and stylish mask-wearing.
Japan Times
BUSINESS / Companies
Jun 12, 2020

Shiseido looks to China's online model for post-pandemic growth

Measures to control the virus have melted away social norms like putting on makeup in the morning or spritzing on perfume before a night out.
Japan Times
WORLD
May 7, 2020

Britons getting through lockdown with sewing, tequila and kimchi

British consumers have spent their six weeks of coronavirus lockdown sewing, drinking cocktails, carrying out home beauty treatments and eating large quantities of kimchi.
JAPAN
Jul 28, 2019

Cloudiest Tokyo summer in 129 years leaves Japan's retailers hurting

The unusually long and cool rainy season has dampened demand for apparel, furniture and other goods, with some retailers reporting steep drops in sales of merchandise.
Japan Times
BUSINESS / Companies / FOCUS
Mar 24, 2019

Apple's iPhone struggles unravel ambitions of Japan Display

When Japan Display Inc. broke ground on a new factory in central Japan in 2015, the future looked bright for one of the world's top vendors of liquid crystal display (LCD) panels.
Japan Times
COMMUNITY / Our Lives / The Big Questions
Oct 28, 2018

Serving a market that prizes craftsmanship over status

Lamborghini has historically been known for its raw speed, power and performance where the rubber meets the road. In the last few years, the company has stepped up its performance off the road when it comes to sales, which have surged globally and particularly in Japan, one of the company's key markets.

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?