Latest Jiji Press Stories

2008-10-02 18:00:18

Tokyo, Oct. 2 (Jiji Press)--Sony Corp. said Thursday it has taken full control of its fifty-fifty recorded music joint venture with Bertelsmann AG. The Japanese firm acquired the German media giant's stake in Sony BMG Music Entertainment. Sony plans to rename the U.S. music label Sony Music Entertainment Inc.END (c) 2008 Jiji Press English News Service. Provided by ProQuest LLC. All rights Reserved.

2008-09-30 18:01:07

Tokyo, Sept. 30 (Jiji Press)--Japanese chemical maker Show Denko K.K. and optical glass maker Hoya Corp. will establish a joint venture to integrate their operations in recording media for hard disk drives, the two companies said Tuesday. The new company will be owned 75 pct by Showa Denko and the rest by Hoya. The companies expect the joint venture to post annual sales of 180 billion yen, with a global market share equivalent to that of industry leader Seagate Technology Inc. of the...

2008-09-29 18:00:29

Tokyo, Sept. 29 (Jiji Press)--Prices of some foods and other products, and utility charges are set to be raised in Japan in October, putting additional pressure on households in the nation. Sapporo Breweries Ltd., a unit of Sapporo Holdings Ltd. , will raise the prices of 33 wine products by 11 to 14 pct due to rising prices of imported grape juice. Marusan-Ai Co. , a food and beverage maker based in Okazaki, Aichi Prefecture, central Japan, will lift the prices of 11 soy milk products by...

2008-09-29 18:00:21

Tokyo, Sept. 29 (Jiji Press)--Japan Airlines' key unit is believed to have sharply increased its operating profit in the five months ended last month, Jiji Press learned Monday. Japan Airlines International is seen posting an operating profit of 27.5 billion yen, up 41.8 pct from a year earlier, on sales of 752.9 billion yen, up 3.9 pct. The unit benefits from cost cuts while covering surging fuel costs with hedge trading and higher surcharges on international tickets. But sales are...

2008-09-29 18:00:20

Tokyo, Sept. 29 (Jiji Press)--Japan's top cable television operator Jupiter Telecommunications Co. is considering starting broadcast satellite-based TV service, President Tomoyuki Moriizumi said Monday. The firm is considering acquiring one of the new BS channels set to become available in 2011, when Japan's TV broadcasting goes fully digital, Moriizumi said in an interview with Jiji Press. Jupiter Telecommunications, better known as J:Com, aims to broaden its customer base by starting...

2008-09-26 18:00:45

Tokyo, Sept. 26 (Jiji Press)--The Japan Bank for International Cooperation said Friday it has signed an accord to join forces with three Japanese banks to lend up to 550 million dollars to a Brazilian steelmaker unit. The subsidiary of Usinas Siderurgicas de Minas Gerais SA, also known as Usiminas, plans to use the loan to build a new steel plant, the government-affiliated bank said. Of the total loan, 275 million dollars will be put up by JBIC while the rest will be financed by Mizuho...

2008-09-22 18:00:29

Tokyo, Sept. 22 (Jiji Press)--The volume of carbon dioxide emitted by Japanese power firms in fiscal 2007 rose 10.5 pct from a year earlier, an industry group said Monday. The average emission amount at 10 regional electric utility firms and two power developers for the year that ended in March came to 0.453 kilogram per kilowatt-hour, the Federation of Electric Power Companies of Japan said. The increase was attributed to a sharp growth in thermal power generation following the shutdown...

2008-09-22 18:00:17

Tokyo, Sept. 22 (Jiji Press)--The benchmark Nikkei average advanced strongly to top 12,000 on the Tokyo Stock Exchange early Monday morning, buoyed by U.S. stocks' powerful rise on Friday and the yen's weakening. By 9:21 a.m., the 225-issue Nikkei average rose as high as 12,263.95, up 343.09 points, or 2.9 pct, from Friday, surpassing 12,000 for the first time since Tuesday on an intraday basis. A wide range issues drew buying, including megabanks like Mitsubishi UFJ and real estate...

2008-09-19 21:00:26

Tokyo, Sept. 19 (Jiji Press)--Japan's Noritz Corp. said Friday that it has asked Steel Partners Japan Strategic Fund (Offshore) LP to give it more time to consider the fund's acquisition offer. The activist fund on Sept. 11 gave the Japanese water heater maker until Friday to respond to its proposal for buying Noritz shares at 1,025 yen apiece to boost its stake to 50.1 pct or more. Steel Partners also asked Noritz not to take takeover defense measures. Noritz asked Steel Partners to...

2008-09-19 21:00:15

Tokyo, Sept. 19 (Jiji Press)--Public broadcaster Japan Broadcasting Corp. (NHK) and six commercial broadcasters will hold a television program trade show in October. The event, backed by the Ministry of Internal Affairs and Communications and the Ministry of Economy, Trade and Industry, will coincide with the three-day International Drama Festival in Tokyo 2008, to be held in the Japanese capital's Roppongi district from Oct. 22. The trade show is aimed at selling Japanese TV programs...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.