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...look good. In Japan "restructuring" often means ordering just enough layoffs and cost cuts to qualify for another lifeline from the banks--themselves staggering under $1 trillion in lousy debts. Meanwhile, the corporate graveyard is crowded with foreign investors who tried to make over Japanese failures. Most recently, Merrill Lynch, which bought out securities firm Yamaichi, is beating a retreat...
...domestic wireless market. Some 67.5 million?more than of Japan's population?already subscribe to mobile-phone services, and analysts say the market is approaching saturation. Net growth in subscriptions fell 31.7% in December compared with the same month in 2000, after falling 26% in November, according to Merrill Lynch. While DoCoMo holds a 59% market share, competition for new and existing users is fierce. KDDI's au and Tu-ka services, with 17.7% and 5.7% of the market respectively, offer popular student-discount plans and a phone with a global positioning satellite function. J-Phone, owned by Britain...
...handsets as the Japanese. After spending billions of dollars getting government licenses to operate 3G systems, many debt-ridden carriers have put plans for network overhauls on the back burner. "The whole point of investing abroad was a speedy roll-out for 3G," says Yasumasa Goda, analyst for Merrill Lynch Japan Securities. "But clearly this is no longer realistic...
...STORY Mars Mission Jan. 26, 2003 Past Issues Sex & Health Jan. 19, 2003 ----------------- The Real Dean Jan. 12, 2003 ----------------- Person of the Year Dec. 29, 2003 ----------------- Lost Gospels Dec. 22, 2003 ----------------- Insurgents Dec. 15, 2003 ----------------- Diabetes Dec. 8, 2003 ----------------- Love/Hate Bush Dec. 1, 2003 ----------------- Jobs Nov. 24, 2003 ----------------- Jessica Lynch Nov. 17, 2003 ----------------- Russell Crowe Nov. 10, 2003 ----------------- Medicated Kids Nov. 3, 2003 ----------------- New SATs Oct. 27, 2003 ----------------- Eating Smarter Oct. 20, 2003 ----------------- CIA Leak Oct. 13, 2003 ----------------- What Went Wrong Oct. 6, 2003 ----------------- Reagan Letters Sept. 29, 2003 ----------------- Johnny Cash Sept...
...STORY Mars Mission Jan. 26, 2003 Past Issues Sex & Health Jan. 19, 2003 ----------------- The Real Dean Jan. 12, 2003 ----------------- Person of the Year Dec. 29, 2003 ----------------- Lost Gospels Dec. 22, 2003 ----------------- Insurgents Dec. 15, 2003 ----------------- Diabetes Dec. 8, 2003 ----------------- Love/Hate Bush Dec. 1, 2003 ----------------- Jobs Nov. 24, 2003 ----------------- Jessica Lynch Nov. 17, 2003 ----------------- Russell Crowe Nov. 10, 2003 ----------------- Medicated Kids Nov. 3, 2003 ----------------- New SATs Oct. 27, 2003 ----------------- Eating Smarter Oct. 20, 2003 ----------------- CIA Leak Oct. 13, 2003 ----------------- What Went Wrong Oct. 6, 2003 ----------------- Reagan Letters Sept. 29, 2003 ----------------- Johnny Cash Sept...