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BUSINESS
Feb 7, 2003

Mitsubishi to sell LNG firm stake

Major trader Mitsubishi Corp. said Thursday it will sell its 15 percent stake in Malaysia LNG Sendirian Berhad, a liquefied natural gas manufacturer, to Petroliam Nasional Berhad (PETRONAS), Malaysia's government-owned oil company.
BUSINESS
Feb 6, 2003

Mizuho gets OK to increase issuance of preferred shares

Mizuho Holdings Inc. held an extraordinary shareholders' meeting Wednesday in which it was given the green light to raise the ceiling on preferred share issues -- a measure aimed at bolstering its capital by 1 trillion yen to accelerate bad-loan disposal.
BUSINESS
Feb 5, 2003

KDDI logs net profit of 51.32 billion yen

KDDI Corp., Japan's second-largest telecom carrier, said Tuesday it chalked up a consolidated net profit of 51.32 billion yen in the first three quarters of fiscal 2002.
JAPAN
Feb 5, 2003

Nippon Shinpan executives, 'sokaiya' admit payoff scam

A former senior managing director and three other officials of Nippon Shinpan Co. pleaded guilty Tuesday to paying off a "sokaiya" corporate extortionist so the racketeer would not disrupt the company's shareholders' meetings.
Japan Times
BUSINESS
Feb 5, 2003

Mitsubishi robot seen as family friend

Mitsubishi Heavy Industries Ltd. unveiled a robot Tuesday that it claims will become a future house-sitter, caretaker, nurse and family friend.
JAPAN
Feb 2, 2003

Editor suspended for Chimura story

The editor in chief of the Shukan Asahi magazine has been suspended over an article published in the weekly without the permission of a couple who have returned to Japan after being abducted by North Korean agents, it was learned Saturday.
BUSINESS
Feb 1, 2003

Sogo announces plan to join Seibu under a holding firm

Sogo Co. President Shigeaki Wada announced Friday that the department store chain will merge its operations with those of Seibu Department Ltd., its bankruptcy-rehabilitation sponsor suddenly experiencing its own difficulties.
JAPAN
Jan 30, 2003

Weather-tied health tips advise high-tech crowd

Every morning, Akio Tanaka wakes up and reaches for his mobile phone to check on his health.
BUSINESS
Jan 29, 2003

Cost cuts shrink Fujitsu group losses

Fujitsu Ltd. said Tuesday its group losses shrank considerably in the October-December quarter on a year-on-year basis, primarily due to cost-cutting and restructuring efforts.
BUSINESS
Jan 29, 2003

Skymark aims to profit from shuffle

Skymark Airlines Co. said Tuesday that President Takashi Ide has been replaced by Masayuki Inoue, formerly of British Airways, as part of a shakeup at the executive level.
COMMUNITY / How-tos / LIFELINES
Jan 28, 2003

Doing the tango, mama-san misery and chopper care

Learning the tango Today I found white and pink plum trees in full bloom in a local hillside cemetery.
JAPAN
Jan 27, 2003

Obituary: Gentaro Kawase

OSAKA -- Former Nippon Life Insurance Co. President Gentaro Kawase died of heart failure Friday at a hospital in Takarazuka, Hyogo Prefecture, his family said Sunday. He was 86.
BUSINESS
Jan 24, 2003

Resona turns to Asian bank for help in recapitalization

OSAKA -- Resona Holdings Inc., the holding firm for Daiwa Bank and Asahi Bank, has asked the Hong Kong-based Bank of East Asia to help it recapitalize, company officials said Thursday.
BUSINESS
Jan 24, 2003

Kodansha and Random House tie up

Kodansha Ltd. and U.S.-based Random House Inc. announced Thursday they have agreed to forge a joint venture aimed at publishing books in Japanese.
Japan Times
BUSINESS
Jan 23, 2003

Suzuki names new president, launches hybrid

Suzuki Motor Corp. made a number of announcements Wednesday, naming its new president, unveiling fiscal 2003 sales projections and launching what it says is the world's first commercially available hybrid minivehicle.
JAPAN
Jan 23, 2003

Ex-wrestler loses assault suit appeal

The Tokyo High Court dismissed an appeal by former professional wrestler Akira Maeda on Wednesday and ordered him to pay damages for assaulting the owner of a rival combat-sport promotion company.
BUSINESS
Jan 22, 2003

Sanyo to plow 45 billion yen into CCDs

Sanyo Electric Co. said Tuesday it will invest 45 billion yen in the production of charge-coupled devices over three years starting in fiscal 2003.
COMMENTARY / JAPAN IN THE GLOBAL ERA
Jan 21, 2003

Cultural powerhouse needed

LAUSANNE, Switzerland -- Sustainable globalization needs Japan to be actively involved, if only because of the size of its economy. For its part, Japan stands to contribute a great deal to globalization. The Japanese establishment, however, has hobbled the country with gerontocratic governance, obsolescent...
JAPAN
Jan 16, 2003

Survey exposes school quake fears

Fewer than half of Japan's school buildings are quake-resistant, according to a Cabinet Office study released Wednesday.
BUSINESS
Jan 16, 2003

Columbia looks for early retirees

Columbia Music Entertainment Inc., a music and visual content provider, said Wednesday it will solicit early retirement applications from 110 members of its group workforce of roughly 800.
BUSINESS
Jan 16, 2003

Oracle Japan sees net profit decline 36% in first half

Oracle Corp. Japan, the Japan unit of U.S. software giant Oracle Corp., said Wednesday its unconsolidated net profit for the half year through Nov. 30 fell 36 percent from a year earlier to 6.08 billion yen, as corporate capital investment and consumer spending remained sluggish.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight