Kyodo News International (Tokyo, Japan) articles from August 2003

Kyodo News International (Tokyo, Japan) archives from August 2003

Japan Agency Orders 15 Banks to Improve Earnings.
August 1, 2003... Byline: Ko Hirano Aug. 1--TOKYO--The Financial Services Agency (FSA) on Friday ordered five of the nation's major banking groups and 10 regional banks to improve their earnings due to a wide gap between their initial profit targets and the...

Kyodo News International, Tokyo, Business Briefs Column.
August 1, 2003... Aug. 1--MIZUHO CORPORATE BANK TO SELL HONG KONG RETAIL-BANKING UNIT: TOKYO--Mizuho Corporate Bank will sell all outstanding shares of its wholly owned retail-banking unit, Chekiang First Bank, to Wing Hang Bank of Hong Kong, Mizuho Financial...

Japan-U.S. Pact to Alleviate Duplicate Social Security Payment.
August 1, 2003... Aug. 1--TOKYO--Japan and the United States effectively agreed on Thursday to free their companies from the burden of paying social security taxes, such as medical insurance premiums, for employees assigned to offices in each other's territory...

Japan Airlines System Reports Group Net Loss of 77 Billion Yen.
August 1, 2003

Japanese Drug, German Neuroscience Firms Form Alliance on Alzheimer's Disease.
August 1, 2003

Takeda Chemical, Kirin Brewery Tie Up on Antibody-Producing Technology.
August 1, 2003

Shinsei Bank's Bad Loans Drop to 205.2 Billion Yen as of June 30.
August 1, 2003

Moody's Gives Baa1 Rating to Japanese Bank's Dollar Subordinated Bonds.
August 1, 2003

United States Urges Japan Anew to Remove Beef-Import Curbs.
August 1, 2003

Sapporo Holdings Cuts Earnings Projections on Poor Beer Sales.
August 1, 2003

Japanese Brokerage Doubles Its Group Net Profit in April-June Quarter.
August 1, 2003

Japan Department-Store Operator's Net Profit Drops 10.8 Percent for April-June.
August 1, 2003

Japan Real-Estate Developer Files for Liquidation.
August 1, 2003

Lawyers Accuse Japanese Finance Company of Wiretapping Journalist's Phone.
August 1, 2003

Mitsubishi Heavy Industries' Sales Total 444.1 Billion Yen in April-June.
August 1, 2003

Isuzu Returns to Black in April-June on Strong Truck Sales.
August 1, 2003

Nippon Mining Holdings to Complete Reorganization Oct. 1.
August 1, 2003

Nissan, Renault to Jointly Develop 6 Engines by 2010, Japanese Paper Reports.
August 1, 2003

Moody's Upgrades Toyota's Long-Term Ratings to Aaa.
August 1, 2003

Japan's New Vehicle Sales Rise 0.5 Percent in July on Year.
August 1, 2003

Survey Finds Improved Sentiment among Major Japanese Firms.
August 2, 2003... Aug. 2--TOKYO--An increasing number of major Japanese businesses see the economy showing signs of improvement, as earnings and share prices have started picking up, according to a recent Kyodo News survey of executives at 100 big firms. ...

Dollar Likely to Rise Moderately against Yen Next Week.
August 2, 2003... Byline: Yukiko Ochi Aug. 2--TOKYO--The U.S. dollar is likely to rise moderately against the yen next week on market players' optimism over the future course of the U.S. economy. But the dollar's rise is expected to be limited as market...

Tokyo Stocks to Move Narrowly, Focus on Earnings, U.S. Shares.
August 2, 2003... Byline: Mie Sakamoto Aug. 2--TOKYO--Tokyo stocks are likely to move narrowly next week, as investors continue to focus on quarterly earnings reports from Japanese firms and moves of U.S. shares. Analysts predict the 225-issue Nikkei...

Skynet Asia Airways Opens Japanese Haneda-Kumamoto Route after One-Day Delay.
August 2, 2003

U.S. Auto Sales Mark First Decline in Three Months in July.
August 2, 2003

Japan Government Bonds to Move Narrowly, Focus on 10-Year Auction.
August 2, 2003

Postal Services in Japan, U.S., Others Form Alliance.
August 3, 2003

Bank of Japan Purchases of Stocks from Banks Increase by 14.5 Billion Yen.
August 4, 2003

Japanese Agency Tells Banks to Draw Up Effective Steps to Boost Earnings.
August 4, 2003

U.S. Shareholder Cuts Stake in Japanese Construction-Equipment Maker.
August 4, 2003

Japan Agency Tells Banks to Draw Up Effective Steps to Boost Earnings.
August 4, 2003

Sanctions to Have Minor Impact on Japanese Financial Firm, S&P Says.
August 4, 2003

Japan Golf Club Operator Ryokuei Group Files for Court Protection.
August 4, 2003

Konica, Minolta Set to Launch Holding Company for Integration.
August 4, 2003

Olympus Optical Co. Posts 9.1 Billion Yen Net Profit in April-June Quarter.
August 4, 2003

Japan Prosecutors Indict Railroad Firm's Officials in Expired-License Cover-Up.
August 4, 2003

Japanese Retail Giant to Seek Revival Body's Support for 'Fukuoka Business'.
August 4, 2003

Japanese Apparel Retailer's Same-Store Sales Drop for 22nd Straight Month.
August 4, 2003

Japan Seafood-Products Firm Posts 131 Million Yen Net Quarterly Profit.
August 4, 2003

Sony to Release Televisions with High-Speed Internet Access.
August 4, 2003

Suzuki Motor Reports Quarterly Net Profit of 12.6 Billion Yen.
August 4, 2003

Toshiba to Provide Mail-Sorting System to Sweden Post.
August 4, 2003

Hakuhodo, Two Other Japanese Advertising Firms to Set Up Holding Company.
August 5, 2003

Chief of Japanese Bank Resona Holdings Braces for Harsh Reassessment Results.
August 5, 2003

Japan Biotechnology Firm Obtains Exclusive Right to Rival's Technology in Asia.
August 5, 2003

Tokyo Broadcasting System, Inc. Posts 2.61 Billion Yen Quarterly Net Profit.
August 5, 2003

Asahi Glass Co. Posts 16.2 Billion Yen Net Profit in April-June.
August 5, 2003

Matsushita Electric, Kubota Corp. to Unite Housing-Exterior Business.
August 5, 2003

Japanese Life Insurer to Turn into Stock Company Next April.
August 5, 2003

Japanese Meat Distributor Posts 157 Million Yen Net Profit in April-June.
August 5, 2003

Japanese Motor Producer to Become Biggest Shareholder in Rival.
August 5, 2003

Nintendo Posts 11.45 Billion Yen in First-Quarter Group Net Profit.
August 5, 2003

Japanese Supermarket-Chain Operator to Sink into Red on Poor Summer Sales.
August 5, 2003

Restructuring Helps Japan Synthetic-Fiber Firm Triple Quarterly Pretax Profit.
August 5, 2003

Japanese Textile-Fiber Firm Posts 242.3 Percent Surge in Group Net Profit.
August 5, 2003

Toyota's Net Profit Drops 9.7 Percent, Sales Rise 5.6 Percent in April-June.
August 5, 2003

Japanese Toy Maker Posts Net Profit of 4.01 Billion Yen in April-June Quarter.
August 5, 2003

East Asia to Push for Regional Bond Market Development.
August 6, 2003... Byline: Takehiko Kajita Aug. 6--MANILA, Philippines--Finance ministers from 13 East Asian nations are expected to formally agree at their talks Thursday to foster viable bond markets in the region to avoid renewed financial turbulence. ...

Kyodo News International, Tokyo, Business Briefs Column.
August 6, 2003... Aug. 6--COROLLA STAYS ON TOP IN MONTHLY CAR SALES RANKINGS: TOKYO--Toyota Motor Corp.'s Corolla topped the monthly car sales rankings in Japan for the third consecutive month in July at 18,686 units, the Japan Automobile Dealers Association...

Japanese Housing Suppliers Use Web to Boost Sluggish Sales.
August 6, 2003... Aug. 6--TOKYO--Amid faltering demand for owner occupied homes caused by the recession and job insecurity, major Japanese housing suppliers are utilizing the Internet to market their products. "We now need to offer proper proposals to meet...

Southeast Asian Finance Chiefs to Urge Investors Not to Shun Region.
August 6, 2003... Byline: Dario Agnote Aug. 6--MANILA, Philippines--Southeast Asian finance ministers are to urge investors not to lose confidence in the region in the wake of Tuesday's bomb attack at a Jakarta hotel, while recommitting themselves to the...

Japan Tobacco Inc. to Cut 4,000 Jobs, Close One-Third of Factories.
August 6, 2003... Aug. 6--TOKYO--Japan Tobacco Inc. (JT) said Wednesday it will solicit applications for early retirement from about 4,000 employees and that it will close about a third of its tobacco-manufacturing plants under its new three-year, medium-term...

IYBank's ATMs to Top 6,000 Units in Japan.
August 6, 2003

Japanese Sales of New Imported Vehicles Drops 1.9 Percent in July.
August 6, 2003

Mitsui Chemicals Posts First-Quarter Net Profit of 2.39 Billion Yen.
August 6, 2003

Japanese Ink-Jet Printer Maker Posts Quarterly Net Profit of 5.97 Billion Yen.
August 6, 2003

Japan Computer-System Integrator Posts 4.93 Billion Yen Quarterly Net Profit.
August 6, 2003

Japanese Store Operator Penalizes Top Management over Customers' Data Leakage.
August 6, 2003

Japan June Economic Gauge Stays above Boom-or-Bust Line.
August 6, 2003

Tokyo to Test Fuel-Cell Public Buses.
August 6, 2003

GE Capital Finance Buys Consumer Credit Company from Japanese Firm.
August 6, 2003

Japan to Increase Issuance of 20-Year Government Bonds from October.
August 6, 2003

Japanese Household-Product Maker's First-Half Net Profit Plunges 66 Percent.
August 6, 2003

Five Japan Firms to Sell Personal Computers with Windows XP Media Center OS.
August 6, 2003

Mitsubishi Corp.'s Group Net Profit Rises 11.5 Percent in April-June Quarter.
August 6, 2003

Japan Government to Conduct High-Tech Test on Safety of Port Containers.
August 6, 2003

Japan's First Convenience Store Located inside Post Office Opens.
August 6, 2003

Reuters Japan, Jiji Press Agree on Financial News Services Tie-Up.
August 6, 2003

Japan Forecasts Poor Rice Crop for 2003 Season.
August 6, 2003

Sanyo to Offer Plasma Televisions for Terrestrial Digital Broadcasts.
August 6, 2003

Kobe Steel, Alcoa to Refocus Aluminum Alliance.
August 6, 2003

Scandal-Hit Osaka, Japan, Stock Exchange to Cut Pay for Board Members.
August 6, 2003

Toyota Spent 24 Percent More on Environmental Protection in 2002.
August 6, 2003

Toyota's Quarterly Report Leaves S&P Rating Unchanged.
August 6, 2003