[Breaking News]Nikkei rises for 6th day to new 34-year high on retailer earnings

TOKYO, Jan. 15 Kyodo - Tokyo stocks rose Monday, with the Nikkei index up for a sixth trading day to end at a fresh 34-year high, as robust retailer earnings spurred hopes for solid performances by other Japanese firms. (Kyodo)

Bic Camera founder Arai steps down over false earnings figures

Bic Camera founder Arai steps down over false earnings figures

TOKYO, Japan - Hiroyuki Miyajima, president of home electrical appliance retailer Bic Camera Inc., bows in apology during a press conference in Tokyo on Feb. 20. Miyajima said the company's founder Ryuji Arai had stepped down as chairman to take responsibility for false earnings results that contained inflated profit figures.

Retailer Daiei reports improved profitability for FY 2003

Retailer Daiei reports improved profitability for FY 2003

TOKYO, Japan - Kunio Takagi, president of Daiei Inc., briefs reporters on the company's group earnings report for fiscal 2003 at the Tokyo Stock Exchange on April 16.

Bic Camera founder Arai steps down over false earnings figures

Bic Camera founder Arai steps down over false earnings figures

TOKYO, Japan - Hiroyuki Miyajima, president of home electrical appliance retailer Bic Camera Inc., bows in apology during a press conference in Tokyo on Feb. 20. Miyajima said the company's founder Ryuji Arai had stepped down as chairman to take responsibility for false earnings results that contained inflated profit figures. (Kyodo)

Retailer Daiei reports improved profitability for FY 2003

Retailer Daiei reports improved profitability for FY 2003

TOKYO, Japan - Kunio Takagi, president of Daiei Inc., briefs reporters on the company's group earnings report for fiscal 2003 at the Tokyo Stock Exchange on April 16. (Kyodo)