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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....
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.
Japan Times
COMMENTARY / Japan / Geoeconomic Briefing
Nov 21, 2022

Japanese carmakers face continuing risks in the Russian market

From county-based issues to reputational risks at home, automakers have had to tread carefully in the wake of Russia's invasion of Ukraine.
Japan Times
BUSINESS / Companies
Nov 8, 2022

How corporate chiefs dodge lawsuits over sexual abuse and deadly products

Hollywood producer Harvey Weinstein’s rape conviction landed him in prison. Allegations of serial sexual abuse cost him his career and his movie studio. His company went bankrupt and later settled legal claims by about 50 women.
JAPAN / Regional Voices: Okinawa
Sep 12, 2022

Brainwashed by the Unification Church: A former student follower tells his story

Cited as a factor in the shooting of former Prime Minister Shinzo Abe, the group's aggressive solicitation of members and so-called spiritual sales have been a problem since the 1980s.
Japan Times
BUSINESS
Sep 3, 2022

High-tech Japanese toilet maker sees U.S. growth after COVID ‘paper panic’

Sales of luxurious toilets complete with heated seats and cleansing jets of water are now taking off in the U.S. — thanks in no small part due to pandemic-induced toilet paper shortages.
Japan Times
ASIA PACIFIC
Aug 26, 2022

Spike in China tensions won't change Washington's Taiwan weapons policy — for now

China's aggressive military drills around Taiwan have put Washington on edge, but not enough to spur an immediate sharp increase in weapons sales to the island.
Japan Times
BUSINESS / Companies / FOCUS
May 26, 2022

Global automakers face electric shock in China

Kings of the combustion age such as General Motors and Volkswagen are falling behind local players in the booming electric vehicle market in China.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami