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BUSINESS
Sep 20, 2002

Yamaha raises profit forecast to 17 billion yen

Yamaha Corp., a major maker of musical instruments and special semiconductor chips, said Thursday it has revised upward its group profit forecast for the 2002 business year, citing personnel-cost cuts and brisk sales of mobile phone chips.
BUSINESS
Sep 18, 2002

Major firms to trim capital outlays by 0.6%

Major Japanese firms plan to reduce spending on plant and equipment by 0.6 percent to 22.08 trillion yen in fiscal 2002, the governmental Development Bank of Japan said Tuesday.
JAPAN
Aug 14, 2002

Ministry set to press charges against food execs

The Agriculture, Forestry and Fisheries Ministry is set to file criminal complaints against three managers of a subsidiary of Nippon Meat Packers Inc., better known as Nippon Ham, on suspicion they defrauded a beef-buyback program, ministry officials said Tuesday.
BUSINESS
Jul 25, 2002

Supermarkets snap 43-month streak

Sales at Japanese supermarkets rose 0.1 percent in June from a year earlier to 1.174 trillion yen on a same-store basis, marking a first increase in 43 months, an industry body said Wednesday.
Japan Times
BUSINESS
May 14, 2002

Toyota's record-setting profits top 1 trillion yen

Toyota Motor Corp. announced Monday that its consolidated pretax profits jumped 14.5 percent from last year to a record 1.113 trillion yen during the 2001 business year, becoming the first Japanese company ever to post pretax profits exceeding 1 trillion yen.
BUSINESS
Feb 21, 2002

Asahi Breweries rides 'happoshu' wave into the black

Leading Japanese brewer Asahi Breweries Ltd. said Wednesday it posted a net profit of 13.62 billion yen in its business year to Dec. 31, helped partly by its entry into the "happoshu" market last February.
BUSINESS
Nov 27, 2001

Honda, Mitsubishi defy downtrend

Honda Motor Co. and Mitsubishi Motors Corp. defied the downward trend in domestic automobile sales in October, leaving its three domestic rivals with declining sales, the companies said Monday.
BUSINESS
Nov 16, 2001

JT sees interim net profit grow 4.2%

Japan Tobacco Inc. said Thursday its consolidated net profit for the April-September first half of fiscal 2001 rose 4.2 percent from a year earlier to 35.63 billion yen, thanks to strong growth in its food business, increased volume in international tobacco sales and favorable foreign exchange rates....
JAPAN
Jan 26, 2000

Domestic car output fell in '99

Stagnant sales at home led to a decline in domestic production while strong North American sales led to an increase in overseas output for most major Japanese automakers in 1999, it was announced Wednesday. Nissan Motor Co., however, experienced a decline in both domestic and overseas production. Overseas...
JAPAN
Nov 18, 1999

First-half profits fall for Toyota

Hurt by the high appreciation of the yen, Toyota Motor Corp. suffered declines in pretax and operating profits for the first half of fiscal 1999, according to its midterm earning report released Thursday.
JAPAN
May 22, 1997

Electronics firms leapfrog falling semiconductor market

Buoyed by strong sales of computer-related equipment and communications devices such as cellular phones, the nation's major electronics manufacturers on May 22 reported increases in sales revenues in the business year that ended March 31.
MORE SPORTS
Dec 1, 2022

Efforts underway to revive local horse racing in Japan

Sales have been recovering, due in part to online sales of betting tickets, although until now local racecourses have not been financially strong enough to splurge on repairs to facilities.
Japan Times
BUSINESS / Companies
Nov 23, 2022

Mazda unveils ¥1.5 trillion EV spending plan and eyes investing in battery production

The carmaker also raised its sales target for electric vehicles to up to 40% of its total global sales by 2030.
Japan Times
JAPAN / Regional Voices: Tohoku
Nov 14, 2022

Tohoku fruit producers look to overseas markets for growth

With Aomori marketing its apples in India, and Yamagata pears breaking into East Asia, the products are seen as being key to increased exports.
Japan Times
BUSINESS
Jul 7, 2022

Tired of waiting for cars, Japan’s consumers turn to motorcycles

Sales of bikes with engines larger than 251cc rose 32% to 51,035 units in the first half of the year, according to the Japan Light Motor Vehicle and Motorcycle Association.
Japan Times
BUSINESS / Tech
Jul 4, 2022

How TikTok became a bestseller machine

#BookTok, where enthusiastic readers share reading recommendations, has gone from being a novelty to becoming an anchor in the publishing industry and a dominant driver of fiction sales.
Japan Times
BUSINESS / Companies
Nov 29, 2021

Nissan unveils ¥2 trillion long-term electric vehicle strategy

Nissan, on track to return to annual profit for the first time in three years, is seeking to use know-how it amassed as an early entrant into the EV market as a foundation for growth.
Japan Times
BUSINESS / Companies
Mar 16, 2021

New Sapporo brewery planned for U.S. in market expansion move

The Japanese beermaker hopes the move, which it aims to complete by the end of 2024, will also help it to cut costs.
Japan Times
BUSINESS
Oct 27, 2020

Sushi and canned coffee get unlikely boost from record-breaking ‘Demon Slayer’ movie

Promotional tie-ins with the hit film have boosted Kura Sushi and Dydo's sales.
Japan Times
BUSINESS / Companies
Dec 11, 2019

Japanese hybrids beating slump in China's car market

China's once-in-a-generation car slump is hobbling carmakers around the globe that placed their bets on what is the world's biggest auto market. But one group is weathering the slowdown unscathed: Japanese automakers.
Japan Times
JAPAN / Regional voices: Chubu
May 27, 2019

Behind the scenes of 24/7 service: The realities of 'owning' a Japanese convenience store

A familiar orange and green signboard glares in the pitch-dark, quiet street in a residential area. There, the owner of a 7-Eleven franchise store located in the suburbs of a small city in the Chubu region works the night shift every day by himself.
Japan Times
BUSINESS
May 14, 2019

As the world hands out subsidies, U.S. states start hitting drivers of electric cars with higher fees

The rest of the world is handing out subsidies and incentives to speed up adoption of electric cars. But in nearly half of U.S. states, driving a battery-powered car requires paying additional fees.
Japan Times
BUSINESS / Companies
Feb 11, 2019

The Ghosn effect? Nissan and Renault set to unveil first post-crisis results

What kind of financial blow has the widening scandal surrounding Carlos Ghosn delivered to Nissan Motor Co. and Renault SA? Investors are about to get a glimpse when closely watched earnings releases come out this week.
EDITORIALS
Jan 9, 2019

Chinese economy sets off alarms

Alarm bells in China should set off similar warnings in Asia and beyond.
Japan Times
COMMENTARY / World
Dec 2, 2018

Only American sedans are dead

The supremacy of Japanese cars has been 40-plus years in the making.
Japan Times
BUSINESS / INSIDER REPORT
Oct 16, 2018

Reflecting the nation's history, 'sōgō shōsha' are unique to Japan

The sōgō shōsha's organization and business model is unique to Japan. This is, for the most part, because they are a reflection of Japan's own unique economic development, first during the Meiji Restoration's period of rapid industrialization and commercialization aimed at building a strong military...

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?