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Japan Times
BUSINESS
Feb 4, 2003

Service firms in Darwinian struggle to get to top of food chain

Global food service giants are making inroads into the nation's office and hospital cafeterias, triggering mergers and acquisitions in the world's second-largest institutional meal market.
BUSINESS
Jan 28, 2003

Carmakers saw global output increase in 2002

Despite a shrinking domestic market, Japan's five major carmakers all increased global vehicle production in 2002, thanks to strong demand in North America, Europe and Asia, according to data released by the firms Monday.
JAPAN
Aug 11, 2002

Nippon Food beef probe expands

OSAKA -- Farm ministry investigators expanded their probe Saturday into the suspected defrauding of the state-run beef buyback program by Nippon Food Inc., a wholly owned subsidiary of Japan's largest ham and sausage maker, Nippon Meat Packers Inc.
Japan Times
JAPAN
Aug 1, 2002

Trendsetters ditch beach-girl look

The Japanese beauty industry has yet again been thrown into turmoil, with many young, trendy women abandoning the tanned beach-girl image in favor of the porcelain look.
BUSINESS
Jul 11, 2002

Honda to export cars from China

The president of Honda Motor Co. said Wednesday his company will set up a joint manufacturing plant in the Chinese coastal city of Guangzhou to produce and export small cars to the rest of Asia, Europe, Australia and New Zealand.
JAPAN
Jun 20, 2002

Abtronic aside, couch potatoes make TV shopping 110 billion yen juggernaut

The growing legion of TV shoppers in Japan has turned the relatively new market into a 110 billion yen colossus.
BUSINESS
Apr 19, 2002

Uniqlo's profits on the wane

With Uniqlo's boom in casual clothing fading away, Fast Retailing Co. on Thursday cut its earnings projections for the business year to August from its previous estimate in January.
BUSINESS
Nov 7, 2001

Takeda Chemical notches 45% net profit increase in first half

Takeda Chemical Industries Ltd. said Tuesday its consolidated net profit in the first half of the 2001 business year increased 45.3 percent from a year earlier to 130.85 billion yen, due mainly to an increase in overseas sales of medicine.
BUSINESS
Oct 27, 2001

Sanyo sees first-half earnings fall

Sanyo Electric Co. said Friday its group net profit declined 68.4 percent in the April-September period from a year earlier to 6.40 billion yen amid economic deterioration worldwide.
BUSINESS
Oct 5, 2001

Toyota, Honda were top sellers in first half of fiscal '01

Toyota Motor Corp. and Honda Motor Co. were the clear leaders in terms of best-selling vehicles in the Japanese market in the first half of fiscal 2001, an industry association said Thursday.
BUSINESS
Aug 10, 2001

Mitsubishi group chalks net profit for April-June

Trading house Mitsubishi Corp. said Thursday it posted a group net profit of 28.69 billion yen in the April-June quarter, achieving 95.6 percent of its first half-year target and 35.9 percent of the full-year projection for the business year to March.
BUSINESS
May 18, 2001

NTT group's pretax profits tumbled 12% in '00

Declining profits from fixed-line services -- once the mainstay of the telecom sector -- bit into the pretax profits of the Nippon Telegraph and Telephone group in fiscal 2000.
JAPAN
May 17, 2001

Toyota's 972 billion yen profit sets Japan corporate record

Toyota Motor Corp. on Wednesday reported a 22 percent rise in group pretax profit to 972.2 billion yen for the business period that ended in March, the highest ever posted by a Japanese company.
JAPAN / INTERNATIONAL RATIONALE
Apr 19, 2001

Top foreign fashion brands take direct approach

As consumer spending woes continue to weigh on Japan's sluggish economy, foreign apparel makers have expanded their business by taking a more direct approach.
LIFE / Digital
Dec 27, 2000

PlayStation2 shortage buoys up Sega

Sega started off on the wrong foot when it launched its 128-bit Dreamcast game console in Japan Nov. 27, 1999, and has been unable to regain its balance ever since.
JAPAN
Oct 26, 2000

Nine stores to close in Sogo revival plan

The Sogo department store group unveiled a comprehensive revival plan Wednesday that includes the closure of nine of its 22 existing stores and the slashing of the group's workforce by 3,100 employees to 6,000.
BUSINESS
Jul 28, 2000

Matsushita's quarterly profit slides 2%

Matsushita Electric Industrial Co. said Thursday that it registered a consolidated net profit of 9.4 billion yen in the April-June quarter, down 2 percent from a year earlier.
BUSINESS
Jul 22, 2000

Four carmakers raised output in first half of 2000

Four of Japan's five largest automakers increased domestic production in the first half of 2000 from the same period last year, according to data released by the companies Friday.
BUSINESS
May 30, 2000

Toyota to enter Chinese market

Toyota Motor Corp. announced Monday that the automaker has received formal permission from the Chinese government to soon establish a joint venture with a Chinese carmaker to produce a new compact model in Tianjin.
COMMENTARY
Apr 3, 2000

No tolls on the e-commerce highway

The electronic superhighway is becoming an ever more important forum for commerce, and states want a piece of the action. But just as American colonists resisted British attempts to tax paper and tea, American citizens should bar states from taxing online transactions.
JAPAN
Nov 22, 1999

Restructuring of Nissan brings 323 billion yen loss

Struggling Nissan Motor Co. announced Monday a consolidated net loss of 323.5 billion yen for the first half of fiscal 1999. The automaker said the losses were due to pension and retirement expenses as well as the cost of a massive restructuring program.
JAPAN
Nov 6, 1997

Toyota's profits climb thanks to brisk exports

Toyota Motor Corp. managed to post pretax profits of 324.56 billion yen in the April-September period, up 25.6 percent from the same period last year, as brisk exports made up for lackluster sales in the domestic market, the nation's largest automaker said Thursday.
JAPAN
Jan 17, 1997

Foreign automakers fight to secure market share

With more people in Japan beginning to think that there is nothing special about imported cars, foreign automakers can no longer rely on their once luxurious brand image to do the selling for them.Now foreign carmakers are finding themselves in increasingly fierce competition with domestic automakers....
The Central Business District on a rainy day in Beijing. Both U.S. and European companies with exposure to China could be hit by its sluggish growth as its post-COVID-19 momentum has faltered rapidly.
BUSINESS / Economy
Jul 21, 2023

China's sagging economy looms over quarterly results around the world

Both U.S. and European companies with exposure to China could be hit by that economy's sluggish growth as its post-COVID momentum has faltered rapidly.
Monex Group was sued on Thursday in what is believed to be the first lawsuit questioning the responsibility of a Japanese securities company over Credit Suisse AT1 bond losses.
BUSINESS / Companies
Jul 28, 2023

Japan’s Monex sued by client for Credit Suisse bond loss

The move marks a rare case of a financial institution being accused of responsibility for investor losses triggered by Switzerland’s move to wipe out the bonds.
In the international market, a larger number of airlines went bankrupt compared to domestic fliers due to the pandemic, with low-cost, long-haul carriers getting hit particularly hard.
COMMENTARY / World
Jul 28, 2023

Post-pandemic travel boom is running out of steam

Fare promotions and other signs of weakening domestic demand show business is leveling out for airlines after post-COVID-19 boom.
BUSINESS / Companies
Jul 31, 2023

Bigmotor suspected of fabricating insurance contracts

The news came on top of an investigation report that showed employees padded maintenance fee claims to insurance firms by deliberately damaging cars.
Pedestrians outside a Seibu department store in Tokyo's Ikebukuro district in April
BUSINESS / Companies
Jul 31, 2023

Seven & I struggles to sell slumping Sogo & Seibu department stores

The holdup is centered around the flagship Seibu department store in Tokyo's Ikebukuro district, with the local government expressing rare opposition.
Sony, a key supplier of image sensors to Apple and other device-makers, has said it doesn’t expect demand in the mobile phone market to bounce back until next year at the earliest.
BUSINESS / Companies
Aug 10, 2023

Sony falls most in a year as smartphone demand fails to recover

The Tokyo-based company’s operating income fell 31% in the first fiscal quarter because of sharp declines in the movie and sensor groups.

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?