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BUSINESS
Oct 8, 2004

Persistent SMFG buys 300 shares in UFJ

Sumitomo Mitsui Financial Group Inc. said Thursday it has acquired 300 shares in takeover target UFJ Holdings Inc., opening the door to counter a merger offer from a rival Japanese bank.
BUSINESS
Oct 8, 2004

Forex reserves hit record $831 billion

Japan's foreign-exchange reserves hit a record $830.99 billion in September, up $3.04 billion from the previous month, the Finance Ministry said Thursday.
JAPAN
Oct 8, 2004

Government to unify welfare policies for disabled people

The government plans to unify welfare policies covering services for physically and mentally disabled people, according to officials.
BUSINESS
Oct 8, 2004

Businesses target baby boomers' pocketbooks

Sogo and Seibu department stores have begun arranging sales floors to appeal to baby boomers in order to meet the needs of the changing marketplace.
BUSINESS
Oct 8, 2004

Key gauge signals economic contraction

A key gauge of the current state of Japan's economy plunged below the boom-or-bust line of 50 percent in August for the first decline in 16 months, the government said Thursday.
BUSINESS
Oct 8, 2004

Ito-Yokado first-half profit jumps 40% on subsidiaries' results

Ito-Yokado Co. said Thursday its first-half net profit jumped 40 percent from a year earlier to 32.41 billion yen, powered by the performance of Seven-Eleven Co. and other subsidiaries.
BASEBALL / Japanese Baseball
Oct 8, 2004

Rakuten names Kakefu as managerial candidate

Former Hanshin Tigers star player Masayuki Kakefu has been named as a candidate to be manager of Internet mall operator Rakuten Inc.'s proposed new baseball club, Rakuten sources said Thursday.
Japan Times
LIFE / Style & Design / COUNTER CULTURE
Oct 8, 2004

Boldly going where no bookstore has gone before

Foreigner-run enterprises rarely make much of an impact in Japan, but American publisher Lucas Badtke-Berkow is the proud owner of a small business with a big profile. Paper Sky, his bilingual travel magazine, currently in its 10th issue, has a readership of more than 45,000 and this summer it made the...
Japan Times
LIFE / Food & Drink / VINELAND
Oct 8, 2004

At home with wine appreciation

Organizing a home wine-tasting party for a small group of friends can be a huge amount of fun, and is actually much easier than you might think.
JAPAN
Oct 8, 2004

Hosoda defends war in Iraq

The government maintains that it had made the right decision to support the U.S.-led war against Iraq, despite the conclusion of the U.S. chief weapon inspector that there were no stockpiles of weapons of mass destruction there, the chief Cabinet secretary said Thursday.
BUSINESS
Oct 8, 2004

Nissan buys naming rights to stadium

Nissan Motor Co. said Thursday it has acquired the naming rights for International Stadium Yokohama, venue for the final match of the World Cup soccer finals in June 2002.
COMMENTARY / World
Oct 8, 2004

U.S. must engage North Korea directly

CAMBRIDGE, England -- Caught in the crossfire of the first presidential debate between U.S. President George W. Bush and Sen. John Kerry, most Americans were likely taken aback by Korea's prominence and prospects.
BUSINESS
Oct 8, 2004

Fee cut drives NTT into tight financial corner

The Nippon Telegraph and Telephone Corp. group has been driven into a tight financial corner with its first-ever cut in charges for fixed-line phone services in the face of an onslaught from rivals.
JAPAN
Oct 7, 2004

Summit block over Yasukuni 'ridiculous': Abe

Shinzo Abe, deputy secretary general of the Liberal Democratic Party, urged China on Wednesday to resume top-level exchanges with Japan and set aside its dissatisfaction with Prime Minister Junichiro Koizumi's repeated visits to Yasukuni Shrine.
JAPAN
Oct 7, 2004

Hijacker's wife avoids prison

The Tokyo District Court on Wednesday sentenced the wife of a Japanese Red Army Faction hijacking fugitive to a suspended 18-month prison term for disobeying a Foreign Ministry order to surrender her passport.
BASEBALL / Japanese Baseball
Oct 7, 2004

NPB begins hearings on Rakuten, Livedoor bids

The public hearing for the two companies that have applied for membership to Nippon Professional Baseball began Wednesday with the two sides presenting their business propositions before a panel of baseball executives.
MORE SPORTS
Oct 7, 2004

Ai-chan climbs in world rankings

Japanese teenager Ai Fukuhara moved up two places to 19th in the women's world rankings released by the International Table Tennis Federation on Tuesday.
EDITORIALS
Oct 7, 2004

Basic security-policy concerns

A n advisory panel to Prime Minister Junichiro Koizumi has completed a report calling for a review of Japan's defense-only security policy. The report, by the Forum on Security and Defense Capability, says Japan should have a "multifunctional, flexible defense force" to meet security threats such as...
Japan Times
ENVIRONMENT / OLD NIC'S NOTEBOOK
Oct 7, 2004

A 'theme park' that's an eco-friendly dream

I recentl went down to Nagasaki Prefecture to spend time with a dear old friend, Takekuni Ikeda, who lives on a little wooded peninsula jutting into Omura Bay. He's an incredible man.
BUSINESS
Oct 7, 2004

FSA targets UFJ over attempts to block inspections

The Financial Services Agency will file a criminal complaint against UFJ Bank and several former executives for allegedly violating the Banking Law by blocking FSA inspections, sources said Wednesday.
LIFE / Language / BILINGUAL
Oct 7, 2004

A woman's happiness is in the home . . . huh?

The term "shufu (main woman of the house, or housewife)" has shifted from derogatory to almost exalted.

Longform

Mamoru Iwai, stationmaster of Keisei Ueno Station, says that, other than earthquake-proofing, the former Hakubutsukan-Dobutsuen (Museum-Zoo) Station has remained untouched.
Inside Tokyo's 'phantom' stations — and the stories they tell