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JAPAN
Mar 15, 1997

Four JR firms anticipate drop in pretax profits

Due to an increased burden of fixed-asset taxes and negative effects of the April 1 consumption tax hike, the pretax profits of four Japan Railway group carriers are likely to shrink in the next business year, compared with the figures in their business plans for the current fiscal year, the four firms...
JAPAN
Mar 15, 1997

Blast at nuclear plant was 'massive'

TOKAI, Ibaraki Pref. -- A "massive amount of heat and energy" appears to have been released in the explosion Mar. 11 at a bituminization facility at the state-run nuclear fuel reprocessing plant in Tokai, Ibaraki Prefecture, according to an expert on nuclear science engineering.
JAPAN
Mar 15, 1997

No-show by defense counsel halts Asahara trial

The trial of Aum Shinrikyo founder Shoko Asahara took another twist Mar. 14 when the Tokyo District Court opened but then canceled the proceedings because the defense counsel boycotted the session.
JAPAN
Mar 15, 1997

Chief of Nomura steps down . . . again

The president of Nomura Securities Co., the nation's top brokerage, resigned Mar. 14 over the widening scandal caused by the company's illicit business practices on behalf of a firm run by a relative of a former "sokaiya" corporate extortionist.
JAPAN
Mar 15, 1997

LDP ranks support freeze on Diet salaries

A number of senior lawmakers from the ruling Liberal Democratic Party expressed their support Mar. 14 for a proposal to freeze the salaries of Diet members because of the state of debt-ridden national coffers.
JAPAN
Mar 13, 1997

'Big Bang' may fizzle, report says

Prime Minister Ryutaro Hashimoto's financial reforms will not work effectively unless they are coupled with drastic downsizing of the government's fiscal investment and loan program, a private economic think tank said in a report released Mar. 13.
JAPAN
Mar 13, 1997

Young Eurasian leaders discuss economic integration

Regional integration taking place in Europe and in the Asia-Pacific region should be compatible with the World Trade Organization and should lead progressively to the lowering of external barriers by both regions, young leaders in politics, academics and business from 25 Asian and European countries...
JAPAN
Mar 13, 1997

Nullified politician loses appeal law

The Supreme Court on Mar. 13 dismissed the appeal of an Aomori Prefectural Assembly member whose election victory was nullified because his campaigners violated the election law.
JAPAN
Mar 13, 1997

U.N. secretary general to visit Tokyo, Beijing on Asia trip

Kofi Annan, the new secretary general of the United Nations, may visit Tokyo and Beijing in May, his first trip to the two capitals since taking office Jan. 1, Japanese diplomatic sources said Mar. 13.
JAPAN
Mar 13, 1997

Siberia prisoners lose damages suit

The Supreme Court on Mar. 13 upheld lower court decisions and turned down a damages suit filed by former Japanese soldiers who were held in prison labor camps in Siberia after World War II.
JAPAN
Mar 13, 1997

Tokai residents angry over delay in warning

TOKAI, Ibaraki Pref. -- The explosion Mar. 11 at a nuclear reprocessing plant here came as a chilling reminder to local residents of what it means to live next door to such a hazard.
JAPAN
Mar 13, 1997

Asahara counsel intent on boycotting trial

The defense counsel for Shoko Asahara, founder of Aum Shinrikyo, said Mar. 13 it would boycott a court session scheduled for Mar. 14 after disagreeing with the court on how the guru's murder trial should proceed.
JAPAN
Mar 12, 1997

Turkish ambassador welcomes Japanese investment

Turkey's new ambassador, Gunduz Aktan, is hoping that Japanese companies will soon take even greater interest in his country as an investment opportunity and business partner.
JAPAN
Mar 12, 1997

Ajinomoto allegedly budgeted for payoffs to 'sokaiya'

Authorities investigating Ajinomoto Co. over alleged payoffs to corporate extortionists suspect that the company included the payments as "entertainment expenses" in its annual budget, informed sources said Mar. 12.
JAPAN
Mar 12, 1997

Mexico gets loans of 24.13 billion yen

Tokyo will extend up to 24.13 billion yen in yen loans to Mexico for a water supply and sewage project to help the Latin American country's efforts to protect the environment, Prime Minister Ryutaro Hashimoto told Mexican President Ernesto Zedillo on Mar. 12, according to Foreign Ministry officials....
JAPAN
Mar 12, 1997

Asahara's counsel to boycott court

The defense counsel for Aum Shinrikyo founder Shoko Asahara will boycott a court session Mar. 14 to protest the Tokyo District Court's decision to maintain a four-sessions-a-month schedule.
JAPAN
Mar 12, 1997

Sato urges automakers to avoid trade friction

Trade chief Shinji Sato on Mar. 12 urged Japanese car firms to avoid possible trade friction with the United States.
JAPAN
Mar 12, 1997

Dockworkers stage short strike against U.S. threats

Dockworkers staged a 24-hour nationwide strike Mar. 12, halting nearly all loading and unloading operations as they protested U.S. pressure to open up Japanese port services to greater competition.
JAPAN
Mar 12, 1997

Telecom, ITJ announce nation's first telecom merger

To brace for competition triggered by deregulation, Japan Telecom Co. and International Telecom Japan Inc. said Mar. 12 they will merge around October. It will be the first between Japanese telecommunications firms.
JAPAN
Mar 12, 1997

Japanese, U.S. chip makers set date on private-sector talks

Associations representing the Japanese and American semiconductor industries will hold their first private-sector-level meeting next month with possible participation by their counterparts in Europe, Canada and South Korea.
JAPAN
Mar 12, 1997

Ministry official denies guilt in HIV affair

Akihito Matsumura, a former senior Health and Welfare Ministry official, pleaded not guilty Mar. 12 to charges of professional negligence in connection with the death of a hemophiliac in 1991 and the death of a liver disease patient in 1995.
JAPAN
Mar 12, 1997

Court dismisses blood transfusion suit

The Tokyo District Court dismissed on Mar. 12 a suit filed by a Jehovah's Witness demanding that the government and six doctors compensate her for administering a blood transfusion without her approval.
JAPAN
Mar 12, 1997

High-speed trains may solve more than timing problems

OKAYAMA -- Building better bullet trains will be the solution to difficult environmental issues and other industrial problems, participants at the two-day International High-Speed Railway Conference 1997 said Mar. 12.
JAPAN
Mar 11, 1997

Osaka to abolish nationality clause

OSAKA -- Members of the Liberal Democratic Party sitting on the Osaka municipal assembly decided at a general meeting Mar. 11 to conditionally approve a local government plan to do away with a Japanese nationality requirement for municipal employees.
JAPAN
Mar 11, 1997

Zedillo invites Imperial Couple to Mexico

Mexican President Ernesto Zedillo on Mar. 11 invited the Imperial Couple to visit Mexico to boost bilateral friendship, officials said.
JAPAN
Mar 11, 1997

Struggling development firm names new chief

Mutsu-Ogawara Development Inc. announced Mar. 11 that it will appoint Takao Uchida as its new president, effective March 26.
JAPAN
Mar 11, 1997

Tourism bill aims to bring foreigners to small cities

A bill to attract more foreign tourists to Japan is to be submitted to the Diet Mar. 12.
JAPAN
Mar 11, 1997

Orange Kyosai victims ask politicians for help

Representatives of about 1,500 people taken in by the massive fraud allegedly committed by Upper House member Tatsuo Tomobe on Mar. 11 visited senior politicians from various parties to request measures to help the victims.
JAPAN
Mar 11, 1997

Gore to visit Japan later this month

U.S. Vice President Al Gore will visit Japan on March 23 and 24 to discuss a wide range of bilateral and Asian issues with Prime Minister Ryutaro Hashimoto and other leaders, Foreign Ministry officials said Mar. 11.
JAPAN
Mar 11, 1997

Tomobe tied to shady cash deposit to politician

Investigators have learned that 50 million yen was deposited into the bank account of a Tokyo Metropolitan Assembly member who is believed to have introduced arrested lawmaker Tatsuo Tomobe to Shinshinto, informed sources said Mar. 11.

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