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September 11, 2025
 

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JAPAN
Nov 24, 2001

Chogin investigation deepens

A former head of the failed Chogin Tokyo credit union, already under arrest on obstruction charges, is now suspected of embezzling 1 billion yen from the company, sources close to the case said Friday.
COMMUNITY
Nov 24, 2001

Macchinesti: the accidental Ferrari of coffee shops

After the Japanese "kissaten," where coffee was coffee and not a lot more, came Doutor. Then came that all-conquering import, Starbucks, and a stream of similar lifestyle-focused camp followers of both American and Japanese descent. Now, suddenly, we have Macchinesti.
BUSINESS
Nov 23, 2001

UFJ writeoffs will balloon to 2 trillion yen

UFJ Holdings Inc. said Thursday its member banks' total bad-loan writeoffs will balloon sixfold from original estimates to an unprecedented 2 trillion yen for the full business year ending March 31, on the back of likely failures among major borrowers.
BUSINESS
Nov 23, 2001

UFJ writeoffs will balloon to 2 trillion yen

UFJ Holdings Inc. said Thursday its member banks' total bad-loan writeoffs will balloon sixfold from original estimates to an unprecedented 2 trillion yen for the full business year ending March 31, on the back of likely failures among major borrowers.
BUSINESS
Nov 22, 2001

Utilities eye 'weather derivative' deal

OSAKA -- Kansai Electric Power Co. and Osaka Gas Co. have said they planned to arrange a "weather derivative" contract under which weather risks on profits are to be leveled between the firms.
BUSINESS
Nov 22, 2001

Sumitomo Metal drops into the red

Sumitomo Metal Industries Ltd. said Wednesday it incurred group net losses of 18.21 billion yen in the fiscal half ended Sept. 30, reversing the previous year's profit of 3.67 billion yen.
JAPAN
Nov 21, 2001

Victims of alleged financial fraud to ask for bailout

OSAKA -- Victims of an allegedly fraudulent financial scheme by a failed Osaka firm said Tuesday they will ask the government to buy securities that were purchased but later found to be worthless.
BUSINESS
Nov 21, 2001

Suzuki reports interim increase in profits, sales

Suzuki Motor Corp. said Tuesday that group profits and sales increased for the first six months of fiscal 2001, thanks to a weaker yen and cost reduction efforts.
BUSINESS
Nov 21, 2001

Asahi Bank forecasts net loss of 520 billion yen

Asahi Bank on Tuesday said it projects a 520 billion yen unconsolidated net loss for this business year as it sets aside a hefty 400 billion yen in loan loss reserves to rein in its ballooning bad-loan problem.
JAPAN
Nov 21, 2001

Theft of bank data system leads to Aum arrest

Tokyo police Tuesday arrested a member of Aum Shinrikyo on suspicion of stealing a transaction data management system from a major Japanese bank.
BUSINESS
Nov 21, 2001

Softbank reports interim net loss

Internet investor Softbank Corp. on Tuesday posted consolidated net losses of 54.32 billion yen for the first half of the business year, compared with consolidated net profits of 36.31 billion yen in the same period last year.
JAPAN
Nov 21, 2001

Victims of alleged financial fraud to ask for bailout

OSAKA -- Victims of an allegedly fraudulent financial scheme by a failed Osaka firm said Tuesday they will ask the government to buy securities that were purchased but later found to be worthless.
BUSINESS
Nov 20, 2001

JR East and JR Tokai doing OK

East Japan Railway Co. (JR East) and Central Japan Railway Co. (JR Tokai) fared relatively well, but West Japan Railway Co. (JR West) registered weak earnings for the first half of fiscal 2001, according to their midterm earnings reports released by Monday.
COMMUNITY
Nov 18, 2001

Universal fashion: One design fits all

Everyone knows how hard it is to find clothes that fit, but imagine how much harder it would be if you had special needs. If you were a wheelchair-user looking for pants with gathers at the knees, or a frail senior looking for a blouse with easy-to-detach buttons, chances are you wouldn't find them easily...
Japan Times
LIFE / Food & Drink / VINELAND
Nov 18, 2001

You might think it's crazy, but this upstart is serious

With all the cultural treasures that Kyoto offers, perhaps few people would have wine in mind when planning their itinerary. After all, in a city with such richness of tradition, wine is a mere arriviste.
BUSINESS
Nov 15, 2001

Trader Mitsui's profits slip 2.7%

Mitsui & Co. said Wednesday its consolidated net profit in the business first half fell 2.7 percent from a year earlier to 23.42 billion yen on slumping sales of petroleum, gases and chemicals.
BUSINESS
Nov 15, 2001

Hankyu Stores profits soar 1,042%

Hankyu Department Stores Inc. said Wednesday its consolidated net profit in the first half to Sept. 30 rose 1,042.2 percent to 1.59 billion yen due to large-scale cost cutting.
BUSINESS
Nov 14, 2001

DisneySea operator sees interim profit

Oriental Land Co., the operator of Tokyo Disneyland, said Tuesday its consolidated net account showed 1.89 billion yen profit in the first half of this business year.
Japan Times
JAPAN
Nov 14, 2001

Forum focuses on English skills in business

Company managers, educators and journalists met Tuesday at a forum in Tokyo to discuss the English language's influence in business, and the possibility of making it an official language in the Japanese corporate world.
BUSINESS
Nov 14, 2001

IHI, Toyota eye Thai turbochargers

Ishikawajima-Harima Heavy Industries Co. said Tuesday it has agreed with Toyota Motor Corp. to form a joint venture in Thailand for the manufacture and marketing of turbochargers there next spring.
BUSINESS
Nov 14, 2001

DisneySea operator sees interim profit

Oriental Land Co., the operator of Tokyo Disneyland, said Tuesday its consolidated net account showed 1.89 billion yen profit in the first half of this business year.
Japan Times
JAPAN
Nov 13, 2001

Tokyo government office raided in bribery probe

Police on Monday searched the Tokyo Metropolitan Government building in Shinjuku Ward over the arrests the previous day of an official and a construction company executive on bribery charges related to repairs on Miyake Island.
BUSINESS
Nov 13, 2001

Nagasakiya to ax workforce by third

Supermarket chain Nagasakiya Co., now undergoing court-mandated rehabilitation, said Monday it will close 31 more loss-making stores in late January and cut 700 jobs, or a third of its workforce.
BUSINESS
Nov 13, 2001

Asahi Bank to unload 200 billion yen in bad loans

Asahi Bank announced plans Monday to cut roughly 200 billion yen in bad loans in two years through a tieup with U.S. investment bank Goldman Sachs Group Inc., allaying market fears about Asahi's financial strength.
BUSINESS
Nov 11, 2001

Asahi Mutual may sell off unit to Tokio

Asahi Mutual Life Insurance Co. is in final talks with Tokio Marine & Fire Insurance Co. to sell off its sales division to the nonlife insurer's wholly owned subsidiary, Tokio Marine Life Insurance Co., sources close to the talks said Saturday.
BUSINESS
Nov 11, 2001

Agency offering vacation in New York for 20,000 yen

OSAKA -- A discount travel agency based here will offer a package trip to New York for a mere 20,000 yen, which includes a donation of 3,000 yen for cleanup operations after the Sept. 11 terrorist attacks.
BUSINESS
Nov 10, 2001

NTT Data interim profit down 3%

NTT Data Corp. said Friday it registered a consolidated net profit of 10.84 billion yen in the first half of fiscal 2001, down 2.8 percent from a year earlier.
JAPAN
Nov 10, 2001

Survey details male, female eating habits

Around 50 percent of men in their 20s through their 40s have at least one enjoyable meal in the company of other people every day, according to a national nutrition report released Thursday by the health ministry.
BUSINESS
Nov 10, 2001

NTT Data interim profit down 3%

NTT Data Corp. said Friday it registered a consolidated net profit of 10.84 billion yen in the first half of fiscal 2001, down 2.8 percent from a year earlier.
Workers say corporate South Korea was warned about questionable U.S. visas before Hyundai raid
Activists holding signs that reads "No one is illegal!" protest against a huge immigration raid last week in the U.S. state of Georgia, in front of the U.S. Embassy in Seoul on Tuesday.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Why more hotels in Japan are offering room-only service
Nipponia Hotel Ise Kawasaki Merchant Town in Ise, Mie Prefecture
Goldman sells Tokyo office area to JR East for over ¥50 billion
GranTokyo South Tower (center). East Japan Railway has bought the 14th to 18th floors of the office building at a price of more than ¥50 billion from Goldman Sachs Group.
Ed Sheeran teams up with Tokyo’s Oedo Line
The “Oh! Ed! Collaboration Campaign,” launched on Tokyo's Keio Line to celebrate the Friday release of Ed Sheeran’s latest album, “Play,” includes a eight-car train dedicated to the pop star's music and trivia related to his career
Niinami’s ouster quick but not unusual as corporations protect reputation
Takeshi Niinami resigns as chairman and CEO of Suntory Holdings.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Shizuoka farmers fight to preserve sustainable tea method that’s steeped in tradition
As of August 2024, the number of confirmed chagusaba farmers had fallen to 302, just over half the 582 reported in 2015, according to the Shizuoka Chagusaba Farming Method Promotion Council.
Search is on for loopholes in Japan’s $550 billion investment pledge
U.S. Secretary of Commerce Howard Lutnick argues that U.S. President Donald Trump has sole authority to invest Japan's promised $550 billion.
In rural Hokkaido, the stops and starts of tourism revival on full display
Redevelopment plans for Kawayu Onsen have hit some snags — an example of how bringing tourists back to declining rural communities is far from easy work.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Mai Yoshikawa

SUSTAINABLE JAPAN

Foreign wrestlers have a long history in sumo
Foreign wrestlers have a long history in sumo

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