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JAPAN
Mar 18, 1998

Matsuno tells Diet he condoned 'tobashi' option for Yamaichi

Diet testimony given March 18 by Nobuhiko Matsuno, former chief of the Finance Ministry's Securities Bureau, indicates that he may have advised a top executive of Yamaichi Securities Co. to continue dubious practices involving a "tobashi" trading-related problem with one of its client firms.
JAPAN
Mar 18, 1998

Former labor minister's sister given suspended sentence

Yoshie Yamaguchi, 62, elder sister of former Labor Minister Toshio Yamaguchi, was given a suspended 2 1/2-year prison term for collaborating with her brother in having the bankrupt Tokyo Kyowa and Anzen credit unions extend loans illegally to her golf course company.
JAPAN
Mar 18, 1998

State to withdraw 400 million yen claim against Aum

The government intends to withdraw a claim for more than 400 million yen against Aum Shinrikyo, which has been declared bankrupt, Chief Cabinet Secretary Kanezo Muraoka indicated March 18.
JAPAN
Mar 18, 1998

Hashimoto requests help for Indonesia

Prime Minister Ryutaro Hashimoto has sent messages and urged countries, including the United States, Britain, South Korea and Singapore, to help Indonesia overcome its lingering economic problems, Chief Cabinet Secretary Kanezo Muraoka said March 18.
JAPAN
Mar 18, 1998

Essay contest open to entire world

Lettre International, a Berlin-based cultural quarterly, and the German city of Weimar, which is designated as the 1999 European City of Culture, are inviting the public from around the globe to enter an essay contest.
JAPAN
Mar 17, 1998

Campaigns begin for empty Lower House seat

Six candidates officially started campaigning early March 17 for a March 29 Lower House by-election to fill the Tokyo No. 4 constituency seat left vacant by Shokei Arai, who last month hanged himself shortly before he was to be arrested over illicit profits from Nikko Securities Co.
JAPAN
Mar 17, 1998

Sanyo Electric promotes Kondo to presidency

OSAKA -- Sadao Kondo, a managing director of Sanyo Electric Co., will become president on June 26, succeeding Yasuaki Takano, who will then become vice chairman, it was announced here March 17.
JAPAN
Mar 17, 1998

Italy's Scalfaro plans state visit

Italian President Oscar Luigi Scalfaro will make a state visit to Japan from April 13 to 19, Foreign Ministry officials said March 17.
JAPAN
Mar 17, 1998

Political donations law to change

In an effort to win back public trust in politics by regulating political funding, the three ruling parties agreed March 17 to ban donations to parties from organizations that receive subsidies from local governments and the central government.
JAPAN
Mar 17, 1998

U.S., Europe asked to avoid protectionist measures

Staff writer
JAPAN
Mar 17, 1998

State grills bank industry official who advised Yamaichi

Nobuhiko Matsuno, 59, vice chairman of the Regional Banks Association of Japan, was questioned by prosecutors about Yamaichi Securities Co. seeking his counseling when he headed the Finance Ministry's Securities Bureau in 1991, informed sources said March 17.
JAPAN
Mar 17, 1998

Ford Japan names Honda veteran new president

Ltd., a wholly owned subsidiary of Ford Motor Co., announced March 17 that Eiji Iwakuni, 55, will become the new president of Ford Japan, to replace Konen Suzuki, beginning April 1. "The company will introduce a series of strong new products next year," Suzuki said. "We concluded that new talent should...
JAPAN
Mar 17, 1998

THANKS! Refugee fund presents money to relief groups

The 1997 Japan Times Readers' Refugees Aid Fund presented 6,393,000 yen to seven relief organizations March 17 to help finance projects for African and Asian refugees.
JAPAN
Mar 17, 1998

BOJ economic report gets gloomier

The economy not only remains stagnant but faces increasing downward pressures, the Bank of Japan said March 17 in a report more pessimistic than its last.
JAPAN
Mar 17, 1998

January industrial output rises 2.9%

Industrial output in January rose 2.9 percent from the previous month, remaining unchanged from the preliminary figure, the Ministry of International Trade and Industry said in a report released March 17.
JAPAN
Mar 17, 1998

Bank execs not feeling the pay pinch

Most of the 21 banks that have qualified for an injection of public funds, including the 17 approved by the Cabinet on March 17, plan to pay their executives 20 million yen or more a year.
JAPAN
Mar 17, 1998

Yamaichi execs enter pleas over 'sokaiya' payoffs

Two former employees of collapsed Yamaichi Securities Co., one a senior managing director, on March 17 admitted to charges of conspiring to make illegal payoffs, while another former senior managing director pleaded not guilty.
JAPAN
Mar 17, 1998

1.4 trillion yen in public funds allocated to 17 banks

The Cabinet on March 17 approved a 1.42 trillion yen injection of public funds into 17 major banks ahead of the March 31 end of the fiscal year.
JAPAN
Mar 17, 1998

Upper House panel backs soccer lottery bill

A revised version of the soccer lottery bill was approved March 17 by an Upper House panel, bringing the lucrative but controversial sports promotion legislation one step closer to enactment.
JAPAN
Mar 17, 1998

Obuchi to visit Seoul on weekend

Foreign Minister Keizo Obuchi said March 17 that he will probably visit Seoul on March 21 and March 22 to meet with his South Korean counterpart, Park Jung Soo.
JAPAN
Mar 17, 1998

JAL's president, chairman to resign in June

Akira Kondo, president of Japan Airlines Co., and Susumu Yamaji, JAL's chairman, will step down in June to take responsibility for the carrier's poor performance, it was announced March 17.
JAPAN
Mar 17, 1998

BOJ resignations to 'settle things'

The resignations of Bank of Japan Gov. Yasuo Matsushita and his deputy are sufficient to allow the central bank a fresh start following the arrest of a BOJ official on suspicion of accepting bribes from major banks, Matsushita said March 17.
JAPAN
Mar 16, 1998

Minyuren panel works to write up new DPJ's platform

The new Democratic Party of Japan will outline its ideals, policies and other key aspects by March 25, the Minyuren preparatory committee said March 16.
JAPAN
Mar 16, 1998

Kansai firms to offer cable-based Internet service

OSAKA -- Kansai Electric Power Co., Matsushita Electric Industrial Co. and 16 other firms will set up a company to provide Internet service using cable TV networks in the Kansai region, it was announced here March 16.
JAPAN
Mar 16, 1998

Seoul's Park, Obuchi seeking talks

Park Jung Soo, South Korean foreign and trade minister, and Foreign Minister Keizo Obuchi agreed March 16 to hold their first meeting as early as possible, ministry officials said.
JAPAN
Mar 16, 1998

Hashimoto's LDP foes quiet down

The Liberal Democratic Party's own critics of Prime Minister Ryutaro Hashimoto and his party leadership seem to be laying down their arms.
JAPAN
Mar 16, 1998

Beijing meeting to focus on friendliness to environment

Japanese and Chinese environment researchers and engineers will hold a meeting later this month in Beijing to discuss a joint plan to designate some cities in China to conduct intensive research on creating environment friendly cities, Chief Cabinet Secretary Kanezo Muraoka said March 16.
JAPAN
Mar 16, 1998

Hayami to head BOJ; ex-reporter named vice governor

Masaru Hayami, former head of the Japan Association of Corporate Executives (Keizai Doyukai), will assume the post of governor of the Bank of Japan, replacing Yasuo Matsushita, Chief Cabinet Kanezo Muraoka said March 16 evening.
JAPAN
Mar 16, 1998

Finance Ministry agrees that 0.1% GDP rise is long shot for '97

Vice Finance Minister Koji Tanami said March 16 he agreed with the Economic Planning Agency's view that it would be "quite difficult" for the nation's economy to achieve 0.1 percent growth for the current fiscal year.
JAPAN
Mar 16, 1998

Mazda leader looking to revitalize dealerships, sales

Staff writer
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

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Sasakawa works for a sustainable blue economy
Sasakawa works for a sustainable blue economy

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