============================================
J@pan Inc Magazine Presents: 
T H E  J @ P A N  I N C  N E W S L E T T E R 
Commentary on the Week's Business, Technology and Cultural News
============================================
Issue No. 267
Wednesday, March 24, 2004
TOKYO 
Subscribe for FREE:
http://www.japaninc.com/newsletters/index.html?list=jin
CONTENTS 
@@ VIEWPOINT: Pension Pains
** GUEST EDITORIAL: Sea Change in a Desert Land