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JAPAN
Jul 31, 1997

Homes of top Yamaichi execs raided

Investigators carried out a raid on the homes of the chairman and the president of Yamaichi Securities Co. in Tokyo on July 31 over the alleged payoffs by the brokerage to a corporate racketeer.
JAPAN
Jul 31, 1997

Fujitsu looks to take over U.S. mainframe-maker Amdahl

Fujitsu Ltd. announced July 31 it will try to purchase all shares of Amdahl stock it does not yet own at $12 per share through an open takeover bid, with the total purchase price expected to be $850 million, pursuant to its definitive merger agreement.
JAPAN
Jul 30, 1997

Analysis: Bank's penalty an attempt to assuage public

Finance Ministry's decision July 30 to order Dai-Ichi Kangyo Bank to refrain from extending loans to new customers until the end of the calendar year was an attempt to show that it is seriously trying to tackle wrongdoing in the financial markets.
JAPAN
Jul 30, 1997

Smart kids can skip senior year to enter college

Students with outstanding talent in mathematics and physics equivalent to a high school graduate level or more will be allowed to skip their last year in high school to enter college at the age of 17, the Education Ministry said July 30.
JAPAN
Jul 30, 1997

Analysis: Nomura should weather sanctions nicely

The administrative penalty imposed July 30 on Nomura Securities Co. by the Finance Ministry over payoffs to a corporate extortionist will certainly hurt the nation's leading brokerage, but the pain may not last for very long.
JAPAN
Jul 30, 1997

Nomura, DKB hit with harsh penalties

The Finance Ministry slapped administrative penalties July 30 on Nomura Securities Co. and Dai-Ichi Kangyo Bank lasting from five months to a year for their roles in one of the biggest financial scandals to hit the nation this decade.
JAPAN
Jul 30, 1997

DKB president accepts fate

Dai-Ichi Kangyo Bank President Katsuyuki Sugita said July 30 his bank solemnly accepts the administrative punishment meted out for its payoffs and dubious loans to a "sokaiya" racketeer.
JAPAN
Jul 30, 1997

How they were punished

The following is a summary of the administrative penalties levied by the Finance Ministry against Dai-Ichi Kangyo Bank and Nomura Securities Co. Dai-Ichi Kangyo was ordered to:>1. Suspend the extension of credit to new customers at all of its domestic offices from Aug. 6 to Dec. 31, with some exceptions,...
JAPAN
Jul 30, 1997

Boxers detained for visa violations

The Tokyo Immigration Bureau has detained seven foreigners, including three professional boxers from the Philippines, for allegedly working at factories and farms in Ibaraki Prefecture without proper visas.
JAPAN
Jul 30, 1997

Bolivian envoy touts seeds of investment

Bolivian Ambassador Jorge Balcazar Aranibar, who finishes his assignment and departs for home July 31, believes the seeds have been sown for a stronger relationship with Japan.
JAPAN
Jul 30, 1997

Top brokerage to cut pay of board members, punish others

Following the announcement of administrative penalties against Nomura Securities Co. for its illegal dealings with a "sokaiya" corporate extortionist, Nomura will cut the salaries of its board members and punish 25 of its employees, President Junichi Ujiie said July 30.
JAPAN
Jul 30, 1997

Posts ministry halts dealings

In a concerted action with financial authorities, the Posts and Telecommunications Ministry said July 30 it will suspend its transactions with Nomura Securities Co. and Dai-Ichi Kangyo Bank from Aug. 6 through Dec. 31 as punishment for their illegal dealings with a "sokaiya" racketeer.
JAPAN
Jul 30, 1997

'Asian' plastics firm coming home as first OSE foreigner

OSAKA -- In 1977, the yen's rise forced Showa Plastics Co. to set up its first overseas factory. The Osaka-based plastic components maker said there was "no (other) choice."
JAPAN
Jul 30, 1997

Change in Cabinet Law urged to promote practical meetings

A legal revision is needed to give the prime minister more authority in actively guiding Cabinet discussions on important issues, members of a government blue-ribbon panel on administrative reform agreed July 30.
JAPAN
Jul 29, 1997

AIDS symposium set for Yokohama

As part of a monthlong effort to educate people on AIDS, Kanagawa Prefecture and the Yokohama YMCA have organized a series of workshops and seminars for Aug. 8 to Aug. 10 at the Kanagawa Citizens' Center.
JAPAN
Jul 29, 1997

Finance officials scolded for taking DKB freebies

Two Finance Ministry inspection officials were reprimanded July 29 for playing free golf and eating free meals with Dai-Ichi Kangyo Bank employees in the months following a ministry probe of the bank in 1994.
JAPAN
Jul 29, 1997

U.N. in need of $1 billion to reform itself

The United Nations needs $1 billion to stabilize its financial situation as it undergoes reform, the undersecretary general for administration and management at the U.N. said July 29.
JAPAN
Jul 29, 1997

Aqualine slated to open Dec. 18 with 4,000-yen toll

The Japan Highway Public Corp. submitted an application July 29 to the Construction Ministry to open the new Trans-Tokyo Bay Highway on Dec. 18, with a one-way fare of 4,000 yen for the first five years.
JAPAN
Jul 29, 1997

Ratifying nuclear test ban treaty may pressure holdouts

Signatory countries to the Comprehensive Nuclear Test Ban Treaty must ratify it in order to put pressure on India and North Korea to follow suit, said the chief of a preparatory commission for the treaty organization.
JAPAN
Jul 29, 1997

Japan-America Student Conference kicks off in Kyoto

KYOTO -- The 49th Japan-America Student Conference kicked off late July 28 at the Kyoto International Conference Hall, and this time instead of focusing on bilateral relations, participants are looking at changes in the Asia-Pacific community.
JAPAN
Jul 29, 1997

Tokyo praises Thai approach to IMF; offers help on baht

Japanese authorities July 29 welcomed Thailand's decision to begin talks with the International Monetary Fund for help in restoring stability to its weakened baht, adding that Tokyo would seriously consider any Thai request for aid from Japan.
JAPAN
Jul 29, 1997

Cabinet extends Golan peacekeeping mission

The government officially decided July 29 to extend Japan's peacekeeping mission to the Golan Heights by about two years, Chief Cabinet Secretary Seiroku Kajiyama said.
JAPAN
Jul 29, 1997

Motorcycle riders looking for review of regulations

While Washington and overseas motorcycle manufacturers see the nation's regulations as trade barriers, bikers in Japan call them just plain unfair.
JAPAN
Jul 29, 1997

Foreign Ministry goes through post reshuffle

Ryozo Kato, director general of the Asian Affairs Bureau at the Foreign Ministry, was appointed July 29 as director general of the Foreign Policy Bureau. He will be succeeded by Koreshige Anami, 56, second in command at the embassy in China.
JAPAN
Jul 29, 1997

Biker rights advocate speaks up instead of spinning his wheels

If you don't speak up, you will lose. This is the motto of Hideo Yoshihara, 49, a bookstore owner in Tokyo's Ota Ward, who has earned a reputation for his campaign to change the nation's motorcycle laws.
JAPAN
Jul 29, 1997

Returning JOCV members to get help

The government might begin formulating measures to help find employment for those who have served as members of the Japan Overseas Cooperation Volunteers after they return to Japan.
JAPAN
Jul 29, 1997

Ota backs national plan for offshore heliport

Ending six months of silence over the issue of a sea-based heliport off the coast of Camp Schwab in Okinawa Prefecture, Gov. Masahide Ota on July 29 planted his foot on the side of the national government.
JAPAN
Jul 29, 1997

Osaka urges 470 to check out of Yasuda group hospitals

OSAKA -- The Osaka prefectural and municipal governments on July 29 began urging more than 470 patients registered at three hospitals owned by the scandal-ridden Yasuda Hospital group to move to other medical institutions.
JAPAN
Jul 28, 1997

Finance Ministry wary of Okinawa trade zone

A top Finance Ministry official indicated caution July 28 on the idea of making Okinawa Prefecture a free-trade zone, saying the effects on local industry should be considered.
JAPAN
Jul 28, 1997

U.S. swipe at FTC has MITI irked

Osamu Watanabe, vice minister for international trade and industry, on July 28 criticized Washington for going too far in its attack on the Fair Trade Commission.
Funeral held for Princess Yuriko at Tokyo cemetery
Crown Prince Akishino and Crown Princess Kiko, followed by Princess Aiko and Princess Kako, prepare to attend a funeral service for Princess Yuriko at Toshimagaoka Cemetery in Tokyo on Tuesday.
Trump team weighs direct talks with North Korea's Kim
Then-U.S. President Donald Trump meets with North Korean leader Kim Jong Un at the Demilitarized Zone separating the two Koreas, in Panmunjom, South Korea, in June 2019.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
Israel-Hezbollah cease-fire, brokered by U.S. and France, takes effect
People near Martyrs Square in Beirut watch as Israeli Prime Minister Benjamin Netanyahu announces a cease-fire on television on Tuesday.
Suspected arson in Sapporo leaves four injured
Firetrucks outside a building in Sapporo where an explosion left four people injured on Tuesday.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
China defense minister being investigated for corruption, report says
Chinese Defense Minister Dong Jun attends the opening ceremony of the Xiangshan Forum at the Beijing International Convention Center on Sept. 13. Dong is the third consecutive incumbent or former defense chief to be probed over alleged corruption.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.
Are you leaving your loved ones digital legacies or headaches?
The National Consumer Affairs Center reports a growing number of consultations regarding "digital legacies" — data and online services left behind when people die.
Rayssa Leal and Chloe Covell on Japan’s teen skaters: We are friends, not rivals
Brazil’s Rayssa Leal celebrates after winning the women's Street League Skateboarding competition on Saturday in Tokyo.

Podcast

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

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat
By Greg Dvorak

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