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(3)Ministers complete fine-tuning FY 2005 budget

TOKYO, Japan - Finance Minister Sadakazu Tanigaki speaks at a press conference at his ministry on Dec. 22 after completing a round of negotiations with other Cabinet ministers to fine-tune an 82,182.9 billion yen draft state budget for fiscal 2005.

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(1)Ministers complete fine-tuning FY 2005 budget

TOKYO, Japan - Finance Minister Sadakazu Tanigaki (R) bows to Economy, Trade and Industry Minister Shoichi Nakagawa (L) as they begin talks on reinstating budget spending cuts at the Finance Ministry on Dec. 22. Cabinet ministers completed fine-tuning an 82,182.9 billion yen draft state budget for fiscal 2005, paving the way for its approval as the government's budget plan at a Cabinet meeting on Dec. 24.

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(2)Ministers complete fine-tuning FY 2005 budget

TOKYO, Japan - Finance Minister Sadakazu Tanigaki (3rd from R) is in talks with Agriculture, Forestry and Fisheries Minister Yoshinobu Shimamura (3rd from L) on reinstating budget spending cuts at the Finance Ministry on Dec. 22. Cabinet ministers completed fine-tuning an 82,182.9 billion yen draft state budget for fiscal 2005, paving the way for its approval as the government's budget plan at a Cabinet meeting on Dec. 24.

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Japan sets new greenhouse gas emissions reduction target

TOKYO, Japan - Japanese Environment Minister Nobuteru Ishihara holds a press conference at the ministry in Tokyo on Nov. 15, 2013, on a new greenhouse gas emission reduction target. The Japanese government decided the same day to aim at a 3.8 percent reduction from fiscal 2005 in its greenhouse gas emissions target for fiscal 2020, assuming the country's nuclear power plants remain offline. The new target represents an increase of about 3 percent from the Kyoto Protocol base year of fiscal 1990.

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Japan's Okinotori Island

TOKYO, Japan - File photo taken in April 2005 shows Japan's Okinotori Island, nearly 1,800 kilometers south of Tokyo. Japan plans to begin building facilities on the island in fiscal 2011 to develop marine resources.

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MUFG records 1st net loss in FY 2008, eyes profit in FY 2009

TOKYO, Japan - Mitsubishi UFJ Financial Group Inc. President Nobuo Kuroyanagi speaks at a press conference at the Bank of Japan in Tokyo on May 19. Japan's largest banking group reported its first red ink in fiscal 2008 since its launch in 2005.

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JAL to fall into red in FY 2006 for 2nd year running

TOKYO, Japan - Japan Airlines Corp. Haruka Nishimatsu speaks at a news conference in Tokyo on May 2 where he announced the airline has revised its group earnings forecast for the 2006 business year which ended in March 31 to a net loss of 16.2 billion yen from an earlier projected profit of 3 billion yen. The airline reported a loss of 47.24 billion yen in fiscal 2005.

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Matsushita's new head vows to boost flat TV sales to 1 tril. yen

TOKYO, Japan - Matsushita Electric Industrial Co.'s new President Fumio Ohtsubo said July 7 his company will aim to increase sales of flat-panel TVs to 1 trillion yen in the coming years from the current 600 billion yen in fiscal 2005 to last March.

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MUFG's net profit tops 1 tril. yen, Mizuho logs record profit

TOKYO, Japan - Mitsubishi UFJ Financial Group Inc. President Nobuo Kuroyanagi (3rd from right) speaks at a press conference on May 22 on the group's business results for fiscal 2005. The world's largest banking group reported more than 1 trillion yen ($8.87 billion) in consolidated net profit for the year to March 31, 2006.

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MUFG's net profit tops 1 tril. yen, Mizuho logs record profit

TOKYO, Japan - Mitsubishi UFJ Financial Group Inc. President Nobuo Kuroyanagi speaks at a press conference on May 22 on the group's business results for fiscal 2005. The world's largest banking group reported more than 1 trillion yen ($8.87 billion) in consolidated net profit for the year, which saw Mitsubishi Tokyo Financial Group Inc. merged with UFJ Holdings Inc.

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MUFG's net profit tops 1 tril. yen, Mizuho logs record profit

TOKYO, Japan - Mizuho Financial Group Inc. President Terunobu Maeda announces his group's business results for fiscal 2005 at a press conference in Tokyo on May 22. Japan's second largest financial group booked a record-high net profit for the year to March 31, 2006.

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Sanyo Electric remains in red with bigger loss in FY 2005

TOKYO, Japan - Sanyo Electric Co. President Toshimasa Iue speaks at a press conference in Tokyo on May 18. He said the Osaka-based consumer electronics company fell deeper into the red in fiscal 2005, incurring a consolidated net loss of 205.66 billion yen in the year ended in March.

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Softbank returns to profitability with record sales, profit

TOKYO, Japan - Softbank Corp. President Masayoshi Son said at a Tokyo hotel on May 10 that the company moved back into the black in fiscal 2005 on a consolidated basis for the first time in five years, posting record highs both in sales and net profit.

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Matsushita's group net profit more than doubles in FY 2005

TOKYO, Japan - Kunio Nakamura, president of Matsushita Electric Industrial Co., briefs reporters on the company's earnings report for fiscal 2005 in Tokyo on April 28.

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M'bishi Motors swings back into black for 1st time in 3 years

TOKYO, Japan - Osamu Masuko, president of Mitsubishi Motors Corp., briefs reporters on the company's earnings report for fiscal 2005 at its head office in Tokyo on April 27.

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Robust global sales push Nissan profits to record highs

TOKYO, Japan - Nissan Motor Co. Chief Executive Officer Carlos Ghosn speaks at a press conference in Tokyo on April 2 on the group's financial statement for the year to March 31. He said Nissan's group net profit for fiscal 2005 rose 1.1 percent from a year earlier to 518.05 billion yen ($4.52 billion), or 126.94 yen per share, reaching record highs for the six straight year on strong global sales. The strong result came despite ''headwinds and turbulence,'' Ghosn said.

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Yahoo Japan sets new highs in FY 2005 revenue, net profit

TOKYO, Japan - Yahoo Japan Corp. President Masahiro Inoue speaks at a press conference in Tokyo on April 20. The company said it set new highs in both group operating revenues and net profit in fiscal 2005, breaking the previous records set in fiscal 2004, thanks to increased advertising and other revenues on the expanded use of the Internet.

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Comedy duo Bakusho Mondai, singer Nakajima to get cultural prize

TOKYO, Japan - Comedy duo Bakusho Mondai -- Yuji Tanaka (L) and Hikari Ota -- pose during a press conference in Tokyo on March 15 after they were chosen as one of 28 recipients of the Art Encouragement Prizes for fiscal 2005.

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Diet passes FY '2005 extra budget, to shift to 2006 budget

TOKYO, Japan - Environment Minister Yuriko Koike bow in appreciation after a fiscal 2005 supplementary budget designed to finance government measures to deal with such recent social issues as asbestos-induced health problems, buildings' safety defects and bird flu was endorsed in a House of Councillors plenary session on Feb. 3.

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FY 2005 extra budget passes lower house

TOKYO, Japan - The plenary session of the House of Representatives approves a 4.52 trillion yen fiscal 2005 extra budget on Jan. 31. The House of Councillors is expected to approve on Feb. 3 the supplementary budget for the year through March 31, which is designed to finance relief measures for victims of asbestos and other policies.

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Lower house passage of extra budget delayed until Tuesday

TOKYO, Japan - Prime Minister Junichiro Koizumi and his Cabinet members bow in appreciation as the lower house budget committee approved his government's 4.52 trillion yen fiscal 2005 extra budget lat Jan. 30. Debate on the budget bill was disrupted for hours over the beef import issue.

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Struggling Kanebo logs 19.8 bil. yen net loss in April-Sept.

TOKYO, Japan - Akiyoshi Nakajima, president of struggling Kanebo Ltd., speaks at a press conference after reporting a group net loss of 19.8 billion yen for the April-September first half of fiscal 2005 in Tokyo on Nov. 29.

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Sanyo to suffer huge loss, cut back on home appliances

OSAKA, Japan - Sanyo Electric Co. CEO and Chairman Tomoyo Nonaka (C) answers questions as President Toshimasa Iue (R) listens at a press conference at the company head office in Moriguchi, Osaka Prefecture, on Nov. 18. The company said it will substantially reduce the size of its divisions making semiconductors and ''white goods'' such as refrigerators as it expects to incur a group net loss of 233 billion yen for fiscal 2005.

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Sanyo to suffer huge loss, cut back on home appliances

OSAKA, Japan - Sanyo Electric Co. President Toshimasa Iue is surrounded by reporters as he leaves a press conference room at the company head office in Moriguchi, Osaka Prefecture, on Nov. 18. The company told the press conference it will substantially reduce the size of its divisions making semiconductors and ''white goods'' such as refrigerators as it expects to incur a group net loss of 233 billion yen for fiscal 2005.

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Mazda posts record-high group sales, net profit in 1st half

HIROSHIMA, Japan - Mazda Motor Corp. President Hisakazu Imaki speaks about the company's earnings report for the first half of fiscal 2005 at a news conference at a hotel in Hiroshima on Nov. 2.

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Daiei posts 511 bil. yen group net loss on restructuring costs

TOKYO, Japan - Daiei Inc. Acting President Yoshiaki Takahashi speaks at a press conference in Tokyo on April 15. The ailing supermarket chain operator said it fell into the red in fiscal 2004 with a group net loss of 511.20 billion yen as it booked the costs it expects to see in large-scale restructuring from 2005 as a loss ahead of time.

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Koizumi aims to submit postal bills in April

TOKYO, Japan - Prime Minister Junichiro Koizumi speaks at a press conference after his government's 82.18 trillion yen budget for fiscal 2005 was enacted by parliament on March 23. He said his government will now try to submit to parliament during April a set of bills to privatize Japan's postal system.

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(1)Japan's parliament enacts 82 tril. yen FY 2005 budget

TOKYO, Japan - Prime Minister Junichiro Koizumi (R) and Finance Minister Sadakazu Tanigaki bow in appreciation as the House of Councillors Budget Committee approves the government's 82.18 trillion yen budget for fiscal 2005 on March 23.

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(2)Japan's parliament enacts 82 tril. yen FY 2005 budget

TOKYO, Japan - Prime Minister Junichiro Koizumi (R) shakes hands with Councillors Budget Committee Chairman Hirofumi Nakasone (L) after the government's 82.18 trillion yen budget for fiscal 2005 was approved by the committee on March 23. At center is Chief Cabinet Secretary Hiroyuki Hosoda.

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(1)Lower house OKs 82 tril. yen FY 2005 budget

TOKYO, Japan - Members of the Japanese House of Representatives voted on and passed Japan's 82.18 trillion yen budget for fiscal 2005 on March 2.

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(2)Lower house OKs 82 tril. yen FY 2005 budget

TOKYO, Japan - Prime Minister Junichiro Koizumi (R) and Finance Minister Sadakazu Tanigaki (L) bow to the floor of the House of Representatives on March 2 after the chamber passed Japan's 82.18 trillion yen budget for fiscal 2005.

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Matsushita president sees business climate worsening in FY 2005

OSAKA, Japan - Matsushita Electric Industrial Co. President Kunio Nakamura voiced concern in Osaka on Jan. 11 about possible deterioration in the industry's business environment in fiscal 2005, with demand for flat television sets and other electronics products weakening to robust demand in recent years.

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82.18 tril. yen draft FY 2005 state budget proposed

TOKYO, Japan - Finance Minister Sadakazu Tanigaki speaks at a news conference in Tokyo on Dec. 20 about the proposed 82,182.9 billion yen (about $790.22 billion) draft national budget for fiscal 2005.

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(2)Ruling camp unveils tax reform outlines featuring tax hikes

TOKYO, Japan - Tsutomu Sakaguchi (L), chief of the new Komeito party's tax panel, and his Liberal Democratic Party counterpart Yuji Shimazu burst into laughter during a joint meeting of their panels in the Diet on Dec. 15. The ruling coalition later unveiled its tax reform outlines for fiscal 2005 featuring the halving of the 1999 fixed-rate income tax cuts at the national and local levels.

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Ruling camp unveils tax reform outlines featuring tax hikes

TOKYO, Japan - Yuji Shimazu, chairman of the Liberal Democratic Party Tax Research Council, addresses the panel's general meeting at the LDP headquarters in Tokyo on Dec. 15. Later the ruling coalition involving the new Komeito party unveiled its tax reform outlines for fiscal 2005 featuring the halving of the 1999 fixed-rate income tax cuts at the national and local levels, a move that would increase the taxpayer burden by as much as 145,000 yen a year.

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Koizumi eyes FY 2005 defense budget being no bigger than FY 2004's

TOKYO, Japan - Prime Minister Junichiro Koizumi speaks at the House of Councillors Audit Committee in the Diet on Dec. 2. He said fiscal 2005 defense budget will be no bigger than the current fiscal 2004 budget of about 4.9 trillion yen.

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CPI expected to show 1st rise in 8 yrs in FY 2005, says BOJ

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui speaks at press conference on Oct. 29 after the bank's Policy Board members projected that the nation's consumer price index will rise for the first time in eight years in fiscal 2005.

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UFJ Holdings to incur 780 bil. yen interim net loss

TOKYO, Japan - UFJ Holdings Inc. President Ryosuke Tamakoshi (L) speaks as UFJ Bank President Takamune Okihara listens at a press conference in Tokyo on Sept. 10. UFJ Holdings said it expects to book a group net loss of 780 billion yen in the April-September first half of fiscal 2004 as it will clean up its books before its planned merger with Mitsubishi Tokyo Financial Group Inc. in October 2005.

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(2)Mitsubishi Tokyo, UFJ announce merger accord

TOKYO, Japan - (From L to R) Mitsubishi Tokyo Bank Chairman Shigemitsu Miki, Mitsubishi Tokyo Financial Group Inc. President Nobuo Kuroyanagi, UFJ Holdings Inc. President Ryosuke Tamakoshi and UFJ Bank President Takamune Okihara give a joint press conference in Tokyo after signing a memorandum of understanding to launch negotiations with the aim of integrating their operations during the first half of fiscal 2005. The deal will create the world's biggest banking group with total assets of 190 trillion yen, topping the 135 trillion yen of Mizuho Financial Group Inc.

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Nissan's Ghosn vows to sell 1 mil. vehicles in U.S. in FY 2004

SAN FRANCISCO, United States - Nissan Motor Co. President Carlos Ghosn expressed confidence in a recent interview with Kyodo News in San Francisco that the automaker will achieve sales of 1 million units in the U.S. market for the first time in the current fiscal year through March 2005.

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Bills on privatizing 4 highway entities pass lower house

TOKYO, Japan - A set of bills aimed at privatizing four public highway corporations in fiscal 2005 cleared a House of Representatives plenary session April 27 with majority approval by governing camp lawmakers.

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New TSE head vows to list stock in TSE

TOKYO, Japan - Takuo Tsurushima, new president of the Tokyo Stock Exchange Inc. (TSE), speaks at his inaugural press conference on April 1. Tsurushima said he will do his utmost to list TSE stock on Japan's largest bourse in fiscal 2005 and strengthen its international competitiveness.

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Gov't, ruling parties back completion of highway network

TOKYO, Japan - Transport minister Nobuteru Ishihara (C) is greeted by heads of four public highway corporations (R) at his ministry in Tokyo on Dec. 22 after the government and ruling parties endorsed a privatization scheme for the corporations. The scheme calls for privatizing the four highway builders into seven entities in fiscal 2005.

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(2)Two ministers agree to split up Japan Highway

TOKYO, Japan - Kazuyoshi Kaneko, state minister in charge of administrative and regulatory reforms, speaks to reporters after meeting transport minister Nobuteru Ishihara on Dec. 17. The two minister agreed to split up Japan Highway Public Corp. after it is privatized in fiscal 2005.

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(1)Two ministers agree to split up Japan Highway

TOKYO, Japan - Land, Infrastructure and Transport Minister Nobuteru Ishihara speaks to reporters after agreeing with Kazuyoshi Kaneko, state minister in charge of administrative and regulatory reforms, on Dec. 17 to split up Japan Highway Public Corp. after it is privatized in fiscal 2005.

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Skynet Asia intends to eliminate excess debt in FY 2004

MIYAZAKI, Japan - Skynet Asia Airways Co. President Shoji Shimoda speaks at a news conference in Miyazaki on June 27. He said the fledgling airline intends to post its first black-ink figures and clear away its excess debt in fiscal 2004 ending March 31, 2005.

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Daihatsu to double output of commodity engines

RYUO, Japan - Daihatsu Motor Co. said June 18 it plans to turn out some 30,000 commodity engines at its newly built plant (in photo) in Ryuo, Shiga Prefecture, in fiscal 2005, double the automaker's output in fiscal 2002. The plan reflects brisk sales of lawn mowers and multi-purpose four-wheeled vehicles equipped with the engines in the United States.

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Ex-banker to head 1 of 4 public road entities in Japan

TOKYO, Japan - Tamiyoshi Horikiri (file photo), former vice chairman of Sumitomo Trust & Banking Co., has been named president of the Honshu-Shikoku Bridge Authority, one of the nation's four major road-related public entities to be privatized in fiscal 2005, government sources said June 11.

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PLEN Robotics' assistant robot "PLEN Cube".

PLEN Robotics (Kita-ku, Osaka City) has started taking pre-orders for its assistant robot "PLEN Cube", which can accept orders and make payments with face recognition, and held a hands-on event. The company aims to sell 1,000 units by the end of fiscal year 2019. The company aims to sell 1,000 units by the end of fiscal year 2019, and President Akazawa expressed his desire to "contribute to making the service industry more efficient and unmanned. The development of this device began in 2005, and mass production began in Japan in July 2007. The device for corporate customers costs 81,000 yen per unit (excluding consumption tax), and a separate monthly fee is required to use the entry/exit and payment functions. products will be shipped from the middle of September. August 9, 2019, location unknown, credit: Nikkan Kogyo Shimbun / Kyodo News Images

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Murata Manufacturing's all-individual battery that has started shipping samples

Murata Manufacturing Co., Ltd. will startmass production of all solid-state batteries using ceramics technology within fiscal 2019. The company will build a new mass production line in the battery-related production building at Yasu Plant (Yasu City, Shiga Prefecture). The production capacity is planned to be 100,000 units per month for the time being. The capacity of the prototype is more than 10 milliampere hours, 100 times higher than that of other companies' products, the highest level in the industry, and the company will accelerate its expansion into energy-related markets, including the lithium-ion rechargeable battery business acquired from Sony in 2005. The company will mass-produce surface-mounted "ceramic all-solid-state batteries" that use ceramic materials as the electrolyte. In addition to converting its manufacturing facilities for multilayer ceramic capacitors (MLCCs)(Photo taken on June 13, 2019, location unknown, credit: Nikkan Kogyo Shimbun / Kyodo News Images)