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JAPAN
Jun 1, 1998

Yamaichi reports capital deficit of 22.5 billion yen

Yamaichi Securities Co. formally announced Monday that its liabilities exceeded its assets by 22.5 billion yen as of the end of March, contradicting earlier expectations by the collapsed brokerage and the Finance Ministry.
JAPAN
Jun 1, 1998

Papers urged to compete with new strategies as Internet expands

and AKEMI NAKAMURA
JAPAN
Jun 1, 1998

Sony to acquire stake in JustSystem

Sony Corp. will invest over 1 billion yen in computer software developer JustSystem Corp. to jointly develop products that will link personal computers with digital audiovisual devices, the two companies announced Monday.
JAPAN
May 28, 1998

ASDF evacuation planes arrive home

The six Air Self-Defense Force C-130 transport planes that were on standby in Singapore to evacuate Japanese from Indonesia flew back home Thursday afternoon after their mission was called off.
JAPAN
May 28, 1998

Diet to receive bills on banks' bad loans

A joint task force of the government and the ruling alliance on banks' bad loans agreed Thursday to submit several bills to the next Diet session in an attempt to facilitate an economic recovery.
JAPAN
May 28, 1998

Automakers suffered at home in '97

Japan's five major automakers suffered domestically during the 1997 business year, which ended March 31, but three managed to boost profits on increased sales abroad.
JAPAN
May 28, 1998

SDP ready to divorce LDP after four-year alliance

The Social Democratic Party will announce an amicable divorce from the Liberal Democratic Party as early as Saturday, four years after forming an unlikely alliance of left and right in part to enable the LDP to return to power.
JAPAN
May 28, 1998

Finance official admits taking perks, denies giving favors

A Finance Ministry official accused of receiving bribes from the nation's Big Four brokerages and a major bank admitted Thursday that he had been entertained by them, but denied returning any favors.
JAPAN
May 28, 1998

'Jusen' responsibility judgement coming up

A final decision on whether two banks must take responsibility and face legal action for introducing clients to seven failed mortgage lenders will be made next month, the head of a loan reclaiming body said Thursday.
JAPAN
May 28, 1998

Court nullifies JR rehiring order

The Tokyo District Court on Thursday nullified a 1987 Central Labor Relations Commission order for the Japan Railway group companies to employ or compensate unionists who were not rehired when the Japanese National Railways was privatized.
JAPAN
May 28, 1998

Electric manufacturers' profits suffer amid economic blues

The nation's major chip and computer manufacturers on Thursday reported declines in pretax and net profits in the business year ended March 31 amid sluggish domestic demand and Asia's financial turmoil.
JAPAN
May 28, 1998

Slovakian envoy hails bilateral gains

Outgoing Slovakian Ambassador Miroslav Lajcak said Thursday that political, economic and cultural relations between his country and Japan have grown remarkably during his four years in Japan.
JAPAN
May 28, 1998

Teachers urged to heed criticisms of schools

Teachers must sincerely respond to criticism directed at schools, the head of the Japan Teachers' Union (Nikkyoso) said Thursday.
JAPAN
May 28, 1998

Seibu exec acquitted of fraud in medical equipment case

The former chief of Seibu department store's medical equipment department was acquitted of complicity Thursday in a fraud case in which six people were accused of bilking a leasing company out of about 31.1 billion yen by fabricating medical equipment deals.
JAPAN
May 27, 1998

Toyota to raise stakes in Daihatsu, Hino Motors

Toyota Motor Corp. hopes to eventually increase its equity stakes in its affiliated Daihatsu Motor Co. and Hino Motors Ltd. to over 50 percent to strengthen the Toyota group's consolidation, Toyota President Hiroshi Okuda said Wednesday.
JAPAN
May 27, 1998

Japan to fully fund U.N. drug abuse project

Staff writer
JAPAN
May 27, 1998

Nonbank lending rate limit may change

The Finance Ministry will consider lowering the upper limit on lending rates for nonbank financial institutions, ministry officials told representatives from the sector Wednesday.
JAPAN
May 27, 1998

Yamasaki clarifies defense guidelines for Xu

The Japan-U.S. defense guidelines do not apply to conflicts in Taiwan and the Taiwan Strait if China does not exercise its military might over the area, Taku Yamasaki, policy chief of the ruling Liberal Democratic Party, told Chinese Ambassador to Japan Xu Dunxin on Wednesday.
JAPAN
May 27, 1998

Suzuki, Opel to join forces on new passenger car

Suzuki Motor Co. announced Wednesday that it will jointly develop a small passenger car with Adam Opel AG, a subsidiary of General Motors Corp., and start producing the model in 2000.
JAPAN
May 27, 1998

Hashimoto pleas with Pakistan over possible nuclear test

Prime Minister Ryutaro Hashimoto on Wednesday afternoon urged Pakistani Prime Minister Nawaz Sharif not to conduct a nuclear test, according to government officials.
JAPAN
May 27, 1998

Aum sarin chemicals unearthed from mountain in Nikko

Police said Wednesday they have unearthed eight cylinders of hydrogen fluoride, one of the chemicals used to make the deadly nerve gas sarin, on a mountainside in Nikko, Tochigi Prefecture, after piecing together tips from former Aum Shinrikyo members.
JAPAN
May 27, 1998

Teleway operating profit plummets

Teleway Corp., a domestic long-distance telephone carrier, reported Wednesday that its operating profit for fiscal 1997 dropped 72.8 percent from the previous year to 2 billion yen.
JAPAN
May 27, 1998

World's mayors, city leaders examine urban problems

Mayors and representatives from 21 major international cities gave reports and exchanged views on urban and environmental problems facing their cities at a Tokyo symposium on Wednesday.
JAPAN
May 27, 1998

Tokyo waterfront to add theme park, shops

Eight companies announced Wednesday that they have jointly launched a project to construct a theme park and shopping complex in Tokyo's waterfront development site in Aome, Koto Ward.
JAPAN
May 27, 1998

Nissan posts 14 billion yen net loss

Nissan Motor Co. on Wednesday reported a consolidated net loss of 14 billion yen in the year that ended March 31.
JAPAN
May 26, 1998

Kato wants Diet to end on schedule

Koichi Kato, secretary general of the Liberal Democratic Party, said Tuesday there should be no extension to the current Diet session, which is scheduled to end on June 10.
JAPAN
May 26, 1998

Mazda posts 64% jump in consolidated pretax profits

Fueled by increased sales and the improved financial condition of its North American operations, Mazda Motor Corp.'s consolidated pretax profits jumped 64.4 percent in the 1997 business year to 15.49 billion yen, the carmaker said Tuesday.
JAPAN
May 26, 1998

Aum doctor gets life sentence for subway sarin attack

Ikuo Hayashi, the former chief doctor for Aum Shinrikyo, was handed a life prison term Tuesday for committing mass murder in the March 1995 Tokyo subway nerve gas attack, even though the judge said he "deserves the death penalty due to the gravity of the crime."
JAPAN
May 26, 1998

Jakarta back to business as usual, governor says

Visiting Jakarta Gov. Sutiyoso on Tuesday stressed that order has been fully restored to the Indonesian capital following President Suharto's resignation last week.
JAPAN
May 26, 1998

Talks on Indonesia's foreign debts expected to bear fruit

Negotiations between Indonesia and foreign businesses over the rescheduling of Indonesian firms' massive foreign debts is expected to bear some fruit, the head of Japan's banking industry said Tuesday.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Sure, Tokyo’s trains are amazing. But are they ruining your trip?
Walking through Tokyo's varied neighborhoods and the sub-communities within them can be the best way for a tourist, even one with limited time, to take the city in.
Ishiba says LDP will not endorse some 'slush fund' lawmakers in general election
Prime Minister Shigeru Ishiba speaks to reporters in Tokyo on Saturday.
Important tool or alarmism? Japan experts split on megaquake advisories.
A damaged road in Wajima, Ishikawa Prefecture, on Jan. 6, after a major earthquake struck the area on New Year's Day
Ishiba's U-turn on interest rates surprises market
Prime Minister Shigeru Ishiba and Bank of Japan Gov. Kazuo Ueda ahead of their meeting on Wednesday. Ishiba's comment after the meeting that he doesn't believe Japan needs an additional interest rate hike has surprised the financial market.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Important tool or alarmism? Japan experts split on megaquake advisories.
A damaged road in Wajima, Ishikawa Prefecture, on Jan. 6, after a major earthquake struck the area on New Year's Day
The Japanese tech that could one day make Southeast Asia landmine-free
Dul Saroth (left) and Soeum Samrach, deminers with the Cambodian Mine Action and Victim Assistance Authority, practice using the Advanced Landmine Imaging System in Cambodia’s Siem Reap province in August.
At Tokyo Game Show 2024, nostalgia was king
As is the trend in movies and TV, the games with the biggest budgets at Tokyo Game Show 2024 were by and large remakes and remasters.
The forgotten Japanese naturalist who created a U.S. national park
Without Japanese outdoorsman George Masa, America might not have the Great Smoky Mountains National Park — so why do so many people in Japan not know he existed?

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Dul Saroth (left) and Soeum Samrach, deminers with the Cambodian Mine Action and Victim Assistance Authority, practice using the Advanced Landmine Imaging System in Cambodia’s Siem Reap province in August.
The Japanese tech that could one day make Southeast Asia landmine-free
By Anton L. Delgado

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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