Japan Weekly Monitor

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Articles in April, 2002 issue of Japan Weekly Monitor

• Snow Brand Foods shareholders approve dissolution plan.
• Hitachi posts group net loss of 483.84 bil. yen in FY 2001.
• Hoko Fishing files for court protection from creditors.
• Tokyo stocks fall in morning on firmer yen, 3-day weekend.
• Tokyo stocks open slightly higher led by high-tech issues.
• All lenders' capital adequacy ratios above required levels.
• FOCUS: Universities use innovative methods to attract students.
• Revised 3-year deregulation plan adopted.
• Hayami denies notion of immediate banking-system woes.
• Koizumi vows to keep deposit limit from inducing crisis.
• Over 10,000 visit on 1st day of Yokohama robot event.
• Japan's population totals 127. 29 mil.
• Police officials ordered to reimburse local gov't-paid meals.
• Man dies after undergoing sex change operation in Osaka.
• Business sentiment for large makers stop worsening.
• Tokyo stocks close mixed on 1st day of fiscal year.
• Interview with Japan's Schindler made public.
• Japan's leading index tops 50% for 2nd month in Feb.
• Workers at big firms to get 7.3 days off during 'Golden Week'.
• Tokyo stocks drop on profit-taking in banks.
• Ito-Yokado profit up 7% on retirement trust establishment.
• Dollar falls below 131 yen to 3-week low in Tokyo morning deals.
• 12 banks to book 1.9 tril. yen more in credit costs.
• Japan to ratify UNESCO pact on theft of cultural assets.
• Tokyo stocks shrug off Wall Street drop, rise in morning deals.
• Daiwa Bank Holdings to book 955 bil. yen loan-loss costs.
• Tokyo stocks tumble on Wall Street fall.
• Feb. U.S. global trade deficit rises 11.6%.
• S&P affirms ratings on Japan's strongest companies.
• Marubeni unit ordered to fully probe mislabeling scandal.
• Dollar falls below 130 yen line on weak dollar sentiment.
• Dollar falls against yen, euro on 'sell' sentiment.
• 2 banks to cancel deals with Fukuoka City Bank.
• S&P downgrades Japan Highway Public Corp.
• Daiwa Securities posts group net loss of 130.55 bil. yen.
• Doctor ordered to compensate insurer over false diagnosis.
• Ex-LTCB exec ordered to pay 100 mil. yen to RCC.
• Tokyo stocks slip on weak high-tech issues.
• Asahi Bank to forgive Showa Leasing debts.
• Historical documents on Emperor Taisho to be released Fri.
• Key Tokyo CPI down record 1.1% in FY 2001.
• Court upholds ruling ordering Kajima to pay for rigging bid.
• Sekisui House rating financial entities to avoid trouble.
• Dollar moves narrowly at 132 yen level in Tokyo morning deals.
• TV Tokyo chief questions launch of terrestrial digital TV.
• Nikkei rises in morning on bargain-hunting.
• Sumitomo settles with JP Morgan Chase over copper scam case.
• Ex-minister Tanaka embezzled secretary's salary: magazine.
• Gap between small firms, workers exists on child care: poll.
• Dollar rises slightly above 133.00 yen on mixed Tankan results.
• Dollar little changed against yen in Tokyo in morning.
• Mizuho money-transfer notification delays hit 5-6 mil.
• Corporate bankruptcies 2nd highest in number, debt.
• Mitsui Trust to boost loan-loss charges by 40 bil. yen.
• Niko Niko Do not to hand over main outlets to sponsors.
• Mizuho finds further backlog of money transfer.
• Japan needs further monetary easing, structural reform: IMF.
• Ehime gov't, U.S. Navy sign $11 mil. compensation accord.
• Dollar drops to 130 yen level, 3-week low in Tokyo.
• Dollar climbs to 2-week high of 132 yen in Tokyo.
• Tokyo stocks rise in morning led by strong futures market.
• METI has no plan to revise bills for JNOC abolition.
• Tokyo stocks up in morning on Wall Street rise, Intel rally.
• Court receives Mycal plea to alter Kyushu unit's revival plan.
• Nikko Cordial falls into red on stock market slump.
• FSA may punish Nichido for selling unapproved policies.
• Tokyo stocks narrowly mixed in early deals.
• Dollar hits 133 yen line for 1st time in 3 weeks.
• Tokyo stocks mixed in morning on weak high-techs, DoCoMo rise.
• Mycal arm submits rehabilitation plan to Tokyo court.
• Some state-appointed watchers see signs of economic upturn.
• Panel to devise tax steps to boost economy in FY 2002, 2003.
• USJ's economic effects estimated at 590.1 bil. yen.
• Big savers to move to strong banks before April 2003: S&P.
• FSA cedes operations of Ishikawa, Chubu banks to bridge bank.
• Osaka massacre suspect Takuma not schizophrenic: psychiatrist.
• Stocks drop for 4th day on bank, high-tech selling.
• Tokio Marine, Nichido Fire launch Millea Holdings.
• Tokyo stocks rise in morning on firm high-tech issues.
• Mizuho Bank's ATMs operating smoothly.

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