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July 05, 2025
 

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BUSINESS
May 17, 2002

DIC paid 308 billion yen for bad loans from Shinsei, Aozora

The Deposit Insurance Corp. bought 113 bad loans worth 444.4 billion yen from Shinsei Bank between August and the end of March at a cost of 286.9 billion yen, the Financial Services Agency revealed Thursday.
Japan Times
JAPAN / WHALE WATCHING
May 17, 2002

Ecotoxicologist warns of pollutants hurting whales, dolphins, humans

While whaling experts and negotiators debate the future of whaling, some specialists worry that whale health and the safety of whale meat are not getting enough attention.
BUSINESS
May 17, 2002

Nissin logs 21.5% fall in net profits

Nissin Food Products Co. said Thursday it posted a group net profit of 11.94 billion yen in fiscal 2001, down 21.5 percent from a year earlier due to appraisal losses on its securities holdings and growing sales costs.
BUSINESS
May 17, 2002

JR Tokai says revenues up 2.5%

Central Japan Railway Co. (JR Tokai) said Thursday its consolidated operating revenues grew 2.5 percent to 1.37 trillion yen in fiscal 2001, due to increased traffic on its Tokaido Shinkansen Line bullet train services.
JAPAN
May 17, 2002

Diplomats to be held 10 more days

Veteran Russian affairs expert Masaru Sato and fellow Foreign Ministry employee Akira Maejima, under arrest on suspicion of misusing ministry funds, will be kept in detention until May 25, the Tokyo District Court said Thursday.
JAPAN / THE OKINAWA FACTOR
May 17, 2002

School taps into popularity of jobs at U.S. facilities

NAHA, Okinawa Pref. -- Growing up near Kadena Air Base and witnessing the rough antics of American soldiers, Yasuhiko Toyozato could be forgiven if he harbored negative feelings toward U.S. forces here.
BUSINESS
May 17, 2002

Foreign companies slightly optimistic, survey shows

Most foreign companies in Japan expect business confidence to remain flat over the next six months, although there are signs of improvement on the horizon, according to a joint survey recently released by foreign chambers of commerce.
JAPAN
May 17, 2002

Unimat chief tops taxpayer list in 2001

Yoji Takahashi, head of the Unimat group, which operates major office coffee vendor Unimat Offisco Corp., was Japan's top individual taxpayer last year, according to a report listing the nation's top 100 taxpayers in 2001, released Thursday by the National Tax Agency.
Japan Times
BUSINESS
May 17, 2002

New auto industry chief to steer Japan toward cleaner technologies

The new chairman of the Japan Automobile Manufacturers Association said Thursday he will work to promote fuel cells and other technologies less harmful to the environment than the combustion engine.
JAPAN
May 17, 2002

Prosecutors give Kato a break

Prosecutors are unlikely to establish a tax-evasion case against Koichi Kato, a former Liberal Democratic Party power broker, because they don't believe he had any malicious intent, sources close to the case said Thursday.
BUSINESS
May 17, 2002

Corporate failures rack up 1.48 trillion yen in liabilities

Liabilities left in the wake of corporate failures surged to 1.48 trillion yen in April, marking a year-on-year rise of 21.8 percent, credit research institute Teikoku Databank said Thursday.
Japan Times
LIFE / Language
May 17, 2002

Dinosaurs walking the earth once more

A full-length model of the skeletal structure of the seismosaurus will make its world debut at "The Greatest Dinosaur Expo 2002" to be held this summer at Makuhari Messe in Chiba.
COMMENTARY / World
May 17, 2002

Rude awakening for East Timor

JAKARTA -- The world's youngest democracy will have to stand on its own feet from Sunday. On this day East Timor will become the first newly independent nation of the 21st century. After more than 400 years of colonial rule by Portugal, 25 years of Indonesian occupation and over two years under U.N....
BUSINESS
May 17, 2002

U.S.-Japan steel talks going down to the wire

Tokyo will tell the World Trade Organization on Friday that it intends to levy retaliatory tariffs on U.S. steel imports worth $4.88 million, according to an official of the Ministry of Economy, Trade and Industry.
Japan Times
ENVIRONMENT / ANIMAL TRACKER
May 17, 2002

Long-armed shrimp

* Japanese name: Tenaga-ebi * Scientific name: Macrobrachium nipponese * Description: Long-armed shrimp are accurately named. They are crustaceans in the family that includes lobsters and crabs, all of which have 10 pairs of legs. In the long-armed shrimp, the first five pairs are the walking legs,...
JAPAN / Science & Health / NATURAL SELECTIONS
May 17, 2002

We're all narrow-minded

It's a commonly held belief that we lose brain cells as we age. But, in fact, although our brains may not work as well when we get older -- learning becomes harder, memories fuzzier -- the number of cells they contain remains the same, about 28 billion. Scientists think the real problem is that the myelin...
Japan Times
JAPAN
May 17, 2002

Contractor focuses on middle-aged hires

A small contractor in Yokohama is challenging the country's rigid labor market with an unusual strategy -- recruiting the middle-aged.
Japan Times
JAPAN / KANSAI BEAT
May 17, 2002

Osaka homeless fear evictions

OSAKA -- For Kazutoshi Nishimura, a 61-year-old homeless man who, in his own words, is retired and living on a park bench near Nagai Park, the approach of the World Cup soccer finals in June is a case of deja vu.
BUSINESS / ON THE FRONT LINE
May 17, 2002

Skepticism abounds over market direction

Despite signs of economic recovery, doubts remain over the Tokyo stock market's prospects.
BUSINESS
May 17, 2002

Japan dismisses credit ratings

Yasuo Fukuda, the top government spokesman, said Thursday that credit-rating agencies such as Moody's Investors Service Inc. have underestimated Japan's economic strength.
EDITORIALS
May 17, 2002

Cold War in cold storage

American President George W. Bush and Russian President Vladimir Putin have agreed to a historic arms control treaty that will make drastic cuts in the two countries' nuclear arsenals. The agreement should be applauded, but it is long overdue: Domestic politics in both countries have conspired against...
BUSINESS
May 17, 2002

Yamanouchi suffers 5.8% decline in pretax profit

Yamanouchi Pharmaceutical Co. said Thursday its group pretax profit fell 5.8 percent to 100.02 billion yen in fiscal 2001 due to a rise in research and development costs and a decline in sales and royalty revenues abroad for its antigastritis medicine.
LIFE / Lifestyle / MATTER OF COURSE
May 17, 2002

Language help lets foreign students fit in

You'd think my sons were the first gaijin kids ever to attend a Japanese elementary school, judging from the surprised responses we get from people. But there are lots of foreign children in Japanese schools, and their numbers are growing. Unfortunately, most schools aren't equipped to teach newcomers...
BUSINESS
May 17, 2002

Minebea to liquidate overseas units

Minebea Co., a maker of miniature ball bearings, at the end of September will liquidate two subsidiaries in the United States and Singapore as part of operational restructuring.
Japan Times
JAPAN
May 17, 2002

'Rakugo' storytelling master Kosan dies

Yanagiya Kosan, the first "rakugo" comic storyteller recognized as a living national treasure, died early Thursday of heart failure at his home in Toshima Ward, Tokyo, his family said. He was 87.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

Podcast

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

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

SUSTAINABLE JAPAN

Looking ahead to Yokohama’s Green × Expo 2027
Looking ahead to Yokohama’s Green × Expo 2027

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