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November 21, 2025
 

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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....
Japan Times
BUSINESS
Dec 21, 2022

Hyundai, the world's third-largest carmaker, takes aim at Toyota and Volkswagen

The world's third-largest carmaker isn't from the U.S., Japan or Europe, at least not anymore. It's South Korea's Hyundai.
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.
Honda's electric vehicle e:NP2 is displayed at the Auto Shanghai show, in Shanghai in April. The recent weakening of the yen couldn't come at a better time for Japanese automakers, which are struggling in the Chinese market.
BUSINESS / Economy
Aug 14, 2023

Weak yen gives Japan automakers temporary relief from China pain

A weak yen has traditionally lifted profits for Japan's big exporters
Elizabeth Kutschke at the park with her son Ben, who was diagnosed with spinal muscular atrophy
WORLD / Science & Health
Aug 15, 2023

When a $2 million gene therapy is not enough

Ben is one of a growing number of patients with spinal muscular atrophy whose doctors are turning to additional drugs in addition to gene therapy.
Residential buildings under construction at Tahoe Group's Cathay Courtyard development in Shanghai
BUSINESS / Economy
Aug 17, 2023

China’s housing slump is much worse than official data shows

Industry insiders and economists say China’s official home-price indexes are likely understating the depth of the downturn.
Supermarket owner Takashi Nakajima, 67, prepares raw fish to sell at his store, near the Fukushima No. 1 nuclear power plant in Soma, Fukushima Prefecture.
BUSINESS / Economy
Aug 22, 2023

For Fukushima shop owner, water release spells battle for survival

Japan said on Tuesday it would start discharging more than 1 million metric tons of the treated water on Thursday
A family plays the Monster Catcher crane game at Happy Land Marina amusement arcade in Hiroshima.
JAPAN / Society / Regional Voices: Hiroshima
Sep 18, 2023

Crane games win hearts at amusement arcades with limited-edition prizes

Thanks to the growing popularity of anime, crane games have become a popular family pastime and are also attracting foreign visitors.
A woman walks past a showroom for Chinese electric vehicle maker XPeng in Beijing in February.
BUSINESS / Companies
Sep 16, 2023

Chinese EV makers pin hopes on Europe’s fading auto dealers

At the heart of their strategy is the traditional dealership model that European carmakers have been exiting in favor of direct sales.
The new invoice system, which goes into effect Oct. 1, is forcing many freelancers in Japan to choose between raising their prices or suffer a 10% loss in revenue.
COMMUNITY / How-tos
Sep 25, 2023

Freelancers aren’t happy with Japan’s new invoice system

For many freelancers and small businesses, the result will amount to a 10% increase in taxes.
BUSINESS / Companies
Sep 29, 2023

With help from GM, Honda tries again in U.S. EV market

The carmaker unveiled the brand’s first electric SUV on Thursday, marking a renewed push into fully electric vehicles.
A Ukrainian drone pilot, call sign Darwin, operating a first-person-view, or FPV, drone on a test flight near Kupiansk, Ukraine, on Aug. 5.
WORLD / Politics
Oct 1, 2023

Ukraine’s war of drones runs into an obstacle: China

Ukraine's latest fight is one over global electronics supply chains that run through China.
Secondhand Toyota cars on sale in Moscow in July 2016
BUSINESS / Companies
Oct 3, 2023

Japan puts the brakes on lucrative used-car trade with Russia

While wiping out Russia's biggest source of used cars, sanctions have driven down prices for secondhand cars in Japan.
Japanese court orders Cloudflare to pay ¥500 million over manga piracy
Cloudflare has been ordered to pay ¥500 million after four major publishing firms accused the firm of copyright infringement for its role in hosting sites that distribute pirated copies of manga titles.
The reality of human trafficking in Japan
A view of Tokyo’s Shinjuku Ward at night. Last year in Japan, 66 people were put in protective custody as victims of human trafficking. Among them, 58 — including all 41 minors — were Japanese nationals. International pressure to act on human trafficking led Japan to make efforts to crack down on the crime, such as a tightening of conditions in 2005 for entertainer visas.
Beware of China’s strategic distortion of reality
China holds a military parade to mark the 80th anniversary of the end of World War II, in Beijing on Sept. 3. 
Yen rout brings talk of ¥160 to the dollar and possible intervention
The yen has been weak against the U.S. dollar in recent weeks, with some analysts expecting the retreat to continue.
China to reimpose ban on Japanese seafood imports amid row over Taiwan, reports say
A sign reading, "Suspend the sales of all fish products imported from Japan" is displayed in an area home to Japanese restaurants in Beijing in August 2023. China will reimpose a ban on imports of Japanese seafood, media reports in Tokyo said Wednesday, as a diplomatic spat between the two countries deepens.
First foreign president of Hosei University looks abroad for change
Hosei University President Diana Khor, who herself was an international student, aims to encourage students to look outward and cultivate a global mindset.
Japanese companies advised to change mindset about investment in Africa
Bernard Laurendeau, chief of Enkopa Lab Japan, in Tokyo last month
Munetaka Murakami headlines quartet looking to move to MLB via posting system
The Swallows' Munetaka Murakami has 246 career home runs in eight NPB seasons.
The reality of human trafficking in Japan
A view of Tokyo’s Shinjuku Ward at night. Last year in Japan, 66 people were put in protective custody as victims of human trafficking. Among them, 58 — including all 41 minors — were Japanese nationals. International pressure to act on human trafficking led Japan to make efforts to crack down on the crime, such as a tightening of conditions in 2005 for entertainer visas.
Why we can’t get enough of the sham of the rental family
“Rental Family,” directed and co-written by the single-named Hikari, follows out-of-work actor Phillip (Brendan Fraser), who is hired as the “token white guy” at a Tokyo agency called Rental Family.

Podcast

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

Longform

An illustration features the Japanese signs for "ganbare" (good luck) and the Deaflympics, which will be held between Nov. 15 and 26.
A century of Deaf sport finds its moment in Tokyo
By Kathryn Wortley

SUSTAINABLE JAPAN

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

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