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JAPAN
Oct 26, 1998

Aussie school offers funds for Japanese grad students

Recognizing its role in strengthening ties between Australia and Japan, the Australian National University last week announced the creation of a new scholarship for Japanese graduate students.The scholarship will provide tuition and other expenses for three years of graduate study in any discipline to...
JAPAN
Oct 26, 1998

400 gather to remember Reischauer widow

Some 400 Japanese and Americans who have long been involved in promoting bilateral relations shared warm remembrances of Haru Matsukata Reischauer Monday during a special tribute to the wife of the late U.S. Ambassador to Japan, Edwin Reischauer.Haru died in California on Sept. 23 at age 83.In a simple...
JAPAN
Oct 26, 1998

Hayami asks banks to seek funds

BOJ Gov. Masaru Hayami on Monday again called on banks to avail themselves of the government's newly legislated recapitalization scheme.Speaking at the Bank of Japan's quarterly meeting of branch managers at BOJ headquarters in Tokyo, Hayami urged financial institutions to accelerate the cleanup of their...
JAPAN
Oct 26, 1998

'Air Do' gets go-ahead for Sapporo-to-Tokyo flights

Hokkaido International Airlines obtained a license Monday from the Transport Ministry to operate regular passenger flights between Sapporo and Tokyo, thus becoming the second new carrier to enter the domestic airline market under ongoing deregulation efforts.The Sapporo-based firm, better known as "Air...
JAPAN
Oct 26, 1998

Software exports cut by half in '97

Computer software exports in 1997 tumbled to roughly half of the previous year's levels, due mainly to the Asian economic crisis, a joint survey released Monday by four industry associations in Japan and the U.S. indicated.Exports totaled 2.8 billion yen, while imports increased by 20.7 percent to hit...
JAPAN
Oct 26, 1998

Kuwait seeks more investment from Japan

Kuwait hopes to attract more Japanese investment when it enacts a new investment law, Kuwaiti Deputy Prime Minister and Foreign Minister Sabah Al Ahmad Al Sabah told Prime Minister Keizo Obuchi on Monday.Sabah told Obuchi that Kuwait wants to expand relations with Japan in various areas, especially economics,...
JAPAN
Oct 26, 1998

Organized crime on rise, top prosecutor warns

Crimes in Japan are becoming increasingly organized, global and technologically advanced, but the public is not fully aware of the changing face of crime, the nation's highest-ranking prosecutor said Monday.Speaking at the Japan National Press Club, Public Prosecutor General Keisuke Kitajima said that...
JAPAN
Oct 23, 1998

Matsushita opens R&D site in Apple's neighborhood

OSAKA -- Matsushita Electric Industrial Co. has opened a digital technology research and development center in Cupertino, Calif., the company said.The Panasonic Digital Concept Center aims to develop technologies for computerized consumer electric products that also feature information equipment functions,...
JAPAN
Oct 23, 1998

FSA declares LTCB insolvent

The Long-Term Credit Bank of Japan's latent losses exceeded its net worth as of Sept. 30, indicating that it effectively is insolvent, the Financial Supervisory Agency said Friday.The LTCB was solvent in March but became effectively insolvent partly because the bank had not made sufficient provisions...
JAPAN
Oct 23, 1998

Faltering Ford charts new recovery path

Struggling to gain a foothold in Japan, senior officials of Ford Motor's Japanese subsidiary next week will begin visiting affiliated auto dealers across the country.
JAPAN
Oct 23, 1998

Miyazawa sanguine on Long-Term credit debacle

Following the government's decision to temporarily place the Long-Term Credit Bank of Japan under state control, Finance Minister Kiichi Miyazawa said Friday that the bank's depositors and clients do not have to worry about its imminent takeover.Speaking at a news conference, he said all depositors'...
JAPAN
Oct 23, 1998

The Aum Trials: Ex-cultist to hang for role in Sakamoto killings

The Tokyo District Court sentenced Aum Shinrikyo deserter Kazuaki Okazaki, 38, to death Friday for taking part in the murders of an anti-Aum lawyer and the attorney's family and the killing of an errant cultist in 1989.Friday's ruling marks the first time capital punishment has been meted out in connection...
JAPAN
Oct 23, 1998

Ostracized burakumin leather tanners faced with new threat

The biggest victim of a leather products trade dispute between Japan and the European Union may turn out to be the hisabetsu buraku — the ostracized hamlets where many of Japan's social outcasts earn a living tanning leather.
JAPAN
Oct 23, 1998

NEC posts first midterm loss in five years

Struggling with the domestic economic slump and falling prices in the semiconductor market, NEC Corp. suffered a consolidated net mid-term earnings loss for the first time in five years, company officials said Friday.The net loss for the April-September period was 19.7 billion yen, with the operating...
JAPAN
Oct 23, 1998

'93 Rodong may have flown over Japan, agency admits

The Defense Agency has been informed by U.S. sources that the Rodong missile North Korea test fired in May 1993 might have flown over Japan, Defense Agency chief Fukushiro Nukaga said Friday.The single-stage missile possibly flew some 1,300 km and landed in the Pacific, Nukaga quoted the U.S. sources...
JAPAN
Oct 23, 1998

Defense seeks 963 million yen for missile defense

The Defense Agency on Friday requested 963 million yen in the fiscal 1999 budget to start a joint research program with the United States to develop a missile defense system.The budget is to cover the design and trial manufacture of missiles to be used for the Navy Theater Wide Defense system, the sea-based...
JAPAN
Oct 23, 1998

Government nationalizes Long-Term Credit Bank of Japan

The government placed the troubled Long-Term Credit Bank of Japan under state control Friday after the bank reported it may have to suspend repayments of deposits and other obligations.A report released by the Financial Supervisory Agency on the same day said the LTCB is insolvent, with liabilities exceeding...
JAPAN
Oct 23, 1998

APEC may force Japan into tariff compromise

Japan intends to seek a compromise on the easing of its fisheries and forestry trade barriers at next month's meeting of the Asia-Pacific Economic Cooperation forum, the government's top spokesman indicated Friday.Chief Cabinet Secretary Hiromu Nonaka said the government has virtually given up its position...
JAPAN
Oct 23, 1998

Death sentence 'a matter of course,' court says

Staff writerFriday's ruling that sentenced to death former Aum Shinrikyo senior figure Kazuaki Okazaki is widely viewed by legal experts as "a matter of course," considering the heinous nature of the crimes.Explaining the reasons for capital punishment, presiding Judge Megumi Yamamuro at the Tokyo District...
JAPAN
Oct 23, 1998

Okazaki calls demand for death unfair

Kazuaki Okazaki, a former Aum Shinrikyo figure sentenced to death Friday, showed little emotion in court during the near hour it took the judge to read out his ruling. Sitting motionless with his hands on his knees and tilting his head down, he looked as if he was in deep meditation.But letters Okazaki...
JAPAN
Oct 22, 1998

Diet coalition wants funds upped for homes with children

Policy chiefs from the ruling Liberal Democratic Party and its two smaller allies agreed Monday evening that another 4 billion yen should be allocated in the 1998 fiscal budget to help households with young children.The step was taken after Takako Doi, leader of the Social Democratic Party, met with...
JAPAN
Oct 22, 1998

Pasona to acquire LTCB Research for 1 billion yen

The LTCB Research Institute, an affiliate of the Long-Term Credit Bank of Japan, will become a subsidiary of Pasona Inc. on Dec. 1, it was announced Thursday.Pasona, a major employment agency, will pay 1 billion yen to purchase the think tank, which is capitalized at the same amount, Yasuyuki Nanbu,...
JAPAN
Oct 22, 1998

ANA changes course for Star Alliance

In an effort to pull in business class customers for its international routes, All Nippon Airways Co. will join the Star Alliance, a multilateral strategic linkup of international carriers, next October, ANA officials said Thursday.The alliance is made up of Air Canada, Lufthansa German Airlines, Scandinavian...
JAPAN
Oct 22, 1998

NTT to pay 5,000 yen share bonus; DoCoMo debuts

Nippon Telegraph and Telephone Corp. will offer a special dividend of 5,000 yen per share next year in addition to a regular dividend of 2,500 yen after profits made from releasing a part of its shares of NTT Mobile Communications Network Inc., the carrier announced Thursday.NTT had held 95 percent of...
JAPAN
Oct 22, 1998

Obuchi pledges economic recovery drive

Prime Minister Keizo Obuchi renewed his pledge Thursday to put the economy on a recovery path within two years and stressed that the government will do all it can do to achieve that goal.In a speech at a Tokyo hotel, Obuchi reiterated that the government will swiftly compile a third supplementary budget...
JAPAN
Oct 22, 1998

Hashimoto begins China visit

Former Prime Minister Ryutaro Hashimoto on Thursday embarked on a two-day visit to China to attend a reception commemorating the 20th anniversary of the 1978 peace and friendship treaty between the two countries on behalf of Prime Minister Keizo Obuchi.Former Prime Minister Tomiichi Murayama and former...
JAPAN
Oct 22, 1998

Prime Minister's Office to oversee bank failures

The government has established a team within the Prime Minister's Office to deal with failed and failing banks until a "financial resuscitation" committee is formally formed, Chief Cabinet Secretary Hiromu Nonaka said Thursday.The announcement came a day before a set of laws aiming to stabilize the nation's...
JAPAN
Oct 22, 1998

The Aum Trials: Cultist denies killing defector

Toshiyasu Ouchi, a former Aum Shinrikyo fugitive charged with murder in connection with the 1989 slaying of a cultist, denied being a party to the killing Thursday at his first trial hearing before the Tokyo District Court.Ouchi, 46, who at one time headed the cult's Russian branch, was deported from...
JAPAN
Oct 22, 1998

Kansai cop fired for 'avoiding' accident

OSAKA -- A 50-year-old police officer from the Izumisano Police Station was fired after it was disclosed that he arranged for a third person to be charged in an injury accident he caused in June while driving without a license, police said Thursday.The assistant inspector, who has not been named, received...
JAPAN
Oct 22, 1998

Nomura, Daiwa, Nikko awash in red ink

The nation's three largest securities companies all realized net losses for the first half of fiscal 1998 on an unconsolidated basis, they said in releasing midterm earnings reports Thursday.Nomura Securities Co., Daiwa Securities Co. and Nikko Securities Co., which all released results for the April-September...
Ryuju Nagayama falls in controversial ruling in Paris but later earns bronze
Ryuju Nagayama reacts after his quarterfinal bout against Spain's Francisco Garrigos at the Paris Olympics on Saturday.
When did summer in Japan stop being fun?
Summer in Japan is now consistently brutal enough to drive you indoors and keep you there until autumn.
A mysterious plot prompts a rare call from Russia to the Pentagon
U.S. Secretary of Defense Lloyd Austin testifies on Capitol Hill in Washington in April. In July, Russia's defense minister said he needed to talk to Austin about an alleged Ukrainian operation. What happened next remains murky.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Dominant Natsumi Tsunoda delivers Japan's first gold medal at Paris Olympics
Gold medalist Natsumi Tsunoda celebrates on the podium after she won the women's under 48-kg division at the Paris Olympics on Saturday.
When did summer in Japan stop being fun?
Summer in Japan is now consistently brutal enough to drive you indoors and keep you there until autumn.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.

Podcast

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

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

SUSTAINABLE JAPAN

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mission sustainability vol.11 : Sekisui House Ltd.World’s top homebuilder acts on its responsibility

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