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BUSINESS
Feb 1, 2002

SESC calls for punishment of Morgan Stanley Japan

The government's stock market watchdog has recommended to the Financial Services Agency that Morgan Stanley Japan Ltd. and two Morgan Stanley traders be punished for illegal stock deals involving short-selling.
JAPAN
Jan 31, 2002

Kansai Kogin lied in recapitalization drive

OSAKA -- Failed credit union Kansai Kogin raised more than 15 billion yen in additional capital in 1999 and early 2000 without telling potential investors that it was facing financial difficulties, sources close to the credit union said Wednesday.
Japan Times
BUSINESS
Jan 31, 2002

Sumitomo, Mitsui announce tieup of construction arms

General contractors Sumitomo Construction Co. and Mitsui Construction Co. formally announced on Wednesday their plan to integrate their management but said the timing of the move and numerical business targets are still under discussion.
BUSINESS
Jan 30, 2002

Showa Denko revises earnings, expects net loss

Chemical manufacturer Showa Denko K.K. said Tuesday it revised downward its fiscal 2001 group earnings projection to a 34.5 billion yen net loss from a break-even estimate due to additional advanced writeoffs of about 31.6 billion yen in restructuring costs.
BUSINESS
Jan 29, 2002

19 Mycal outlets to close doors

OSAKA -- Failed supermarket chain operator Mycal Corp. announced Monday that it will close 19 outlets nationwide, including Otaru Vivre in Hokkaido and Toyoda Saty in Aichi Prefecture.
JAPAN
Jan 29, 2002

Osaka consultant stiffs clothing market tenants

OSAKA -- A Japanese consulting firm has failed to pay 25 million yen to South Korean merchants in a failed wholesale clothing market it managed, sources close to the case said Monday.
JAPAN
Jan 28, 2002

More fraud allegations emerge in Snow debacle

Compiled from wire services Scandal-ravaged Snow Brand Food Co. faced fresh allegations Sunday that it asked a storage contractor to lie about how much beef was in a container in order to cash in on a government mad cow subsidy.
JAPAN
Jan 27, 2002

JAS to stop flights abroad from Kansai

Japan Air System plans to stop operating international flights to and from Kansai International Airport in Osaka Prefecture when the second runway at Narita airport outside Tokyo opens in April, JAS sources said Saturday.
JAPAN / Media / MEDIA MIX
Jan 27, 2002

Hi-Vision advocates display a lack of foresight

Being someone who isn't intimidated by purchases of electronics, I recently entered the digital age with an alarming lack of serious forethought. I bought a digital BS tuner. At less than 50,000 yen, it's hardly a huge investment by itself, but since being hooked up to my TV, it's caused me to reflect...
BUSINESS
Jan 25, 2002

Mitsui Mining, Sumitomo Metal forge zinc deal

Mitsui Mining & Smelting Co. and Sumitomo Metal Mining Co. said Thursday they have agreed to integrate their zinc operations in an effort to cut costs and cope with intensifying international competition.
BUSINESS
Jan 25, 2002

Seibu may shut five bleeding stores

Seibu Department Stores Ltd. is considering closing down about five loss-making outlets in rural areas over the next three years, company sources said Thursday.
LIFE / Digital / NAME OF THE GAME
Jan 24, 2002

E.T. has left the building

The year was 1982. Steven Spielberg shattered all box-office records that summer with a movie called "E.T.: The Extra-Terrestrial" about an ugly but good-natured space alien named E.T. who gets stranded on Earth.
JAPAN
Jan 23, 2002

'Harry Potter' books crack 10 million

Over 10 million Japanese versions of the immensely popular "Harry Potter" book series have been published in Japan, a Japanese publishing company said Tuesday.
BUSINESS
Jan 23, 2002

Nomura group net profits down 79%

Nomura Holdings Inc. said Tuesday its group net profits dived 79 percent in the April-December period from a year earlier to 28.60 billion yen.
BUSINESS
Jan 18, 2002

BMW looking to boost local sales

Automaker BMW said Thursday it expects to sell between 38,000 to 40,000 BMW vehicles in Japan during 2002 by expanding its product lineup and opening new dealerships. The company sold 36,266 units in 2001.
JAPAN
Jan 17, 2002

Mayor allegedly leaked works bid info at dinner

Mayor Yoshishiro Kimura of Ishioka, Ibaraki Prefecture, is believed to have passed information on a tender for a public works project to a consultant over dinner a few days before bidding was opened in 1999, investigative sources said Wednesday.
BUSINESS
Jan 17, 2002

Shokusan to sell Homest to Painthouse

Shokusan Jutaku Sogo Co., a failed builder of custom-made houses, has agreed to sell its new-home construction business to Painthouse Co. for 1 billion yen, the companies said Wednesday.
LIFE / Digital / SURFERSPUD
Jan 17, 2002

Chives or chocolate on that, spuds?

www.chocovader.com/ I love how candy aisles in Japanese convenience stores have become shrines to the branded characters of pop culture, shrines where no one pays their respects to the chocolate, which has become a wrap-around commodity to get collectibles placed at kid's eye level. The altars have been...
BUSINESS
Jan 17, 2002

Daiei creditors to wrap up bailout plan

Debt-saddled supermarket chain Daiei Inc. and its three major creditor banks are putting the final touches on a 400 billion yen bailout package that involves swapping some 300 billion yen in loans for Daiei shares, a source at one of the creditor banks said Wednesday.
Japan Times
LIFE / Digital / NAME OF THE GAME
Jan 17, 2002

Magic elfin adventures of Jak & Daxter land in Japan

Back in August, The Japan Times ran a feature about a company called Naughty Dog that specializes in 3-D adventure games.
JAPAN
Jan 16, 2002

Obituary: Kiyofumi Sakaguchi

Kiyofumi Sakaguchi, chairman of Prudential Life Insurance Co. of Japan, died of heart failure Jan. 11., company officials said Tuesday. He was 58.
BUSINESS
Jan 16, 2002

Taiwan FamilyMart to go public

FamilyMart Co. said Tuesday its Taiwanese convenience store subsidiary will go public over the counter Feb. 25.
EDITORIALS
Jan 15, 2002

A galling case of tax evasion

The case of alleged tax evasion by a former head of a regional taxation bureau is no doubt most galling for the vast majority of taxpayers who are feeling the heavy weight of tax bills during this recession.
COMMUNITY
Jan 13, 2002

Time catches up with old men and the sea

HAKODATE, Hokkaido --Kenji Fujita sits among his crabs, the wood fire in a tin bucket at his feet a thin defense against the predawn chill. It's minus 3 degrees at Hakodate's famed morning market, the pitch darkness of 4 a.m. adding layers to the cold.
CULTURE / Books / THE ASIAN BOOKSHELF
Jan 13, 2002

No recovery in sight for Japanese book publishing industry

One often sees references in the Japanese media to the "lost decade" that followed the burst of the speculative bubble in the early 1990s, but the publishing world has only suffered a half decade of negative growth. After five consecutive years of falling sales, however, it can no longer ignore systemic...

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