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JAPAN
Dec 10, 1997

Workers sue contractors for 'black lung' disease

A group of 72 former tunnel workers and family members of workers who have died joined about 180 others from two other groups Wednesday to demand a total of 2.3 billion yen in damages from their employers for a work-related lung disease.
JAPAN
Dec 10, 1997

Current account surplus expands 220.2%

The nation's current account surplus for October rose 220.2 percent from the same period in 1996 to 1.08 trillion yen, marking the seventh consecutive month of growth, provisional figures released Wednesday showed.
JAPAN
Dec 10, 1997

The Asahara Trial: Aum doctor breaks down on stand

Aum Shinrikyo's former chief doctor, Ikuo Hayashi, weeped bitterly Wednesday at the Tokyo District Court as he testified on the 1995 gas attack on the Tokyo subway system.
JAPAN
Dec 10, 1997

Outline of financial stability plan addresses DIC, liquidity

A Liberal Democratic Party subcommittee debating steps to stabilize the financial system basically agreed Wednesday on a broad outline that includes galvanizing Deposit Insurance Corp. and increasing the liquidity of financial institutions.
JAPAN
Dec 10, 1997

Most civil servants receive bigger bonus

Most civil servants received slightly more in their yearend bonuses this month. But the pay slips handed to Cabinet ministers and some others were unchanged from last year as administrative and fiscal reform began to take hold.
JAPAN
Dec 10, 1997

SESC says Nikko, Daiwa should be punished over 'sokaiya'

The Securities and Exchange Surveillance Commission recommended Wednesday to the finance minister that punitive action be taken against Nikko Securities Co. and Daiwa Securities Co. for compensating a "sokaiya" corporate extortionist for his stock losses.
JAPAN
Dec 9, 1997

Business and Labor team up on call for tax cuts

The government should swiftly implement drastic tax cuts to stimulate the nation's sluggish economy, leaders of the nation's big businesses and labor unions agreed Tuesday.
JAPAN
Dec 9, 1997

Shinshinto slates no-confidence motion against Cabinet

In response to the weakened state of the economy, the main opposition party Shinshinto decided Tuesday to introduce a no-confidence motion against the Cabinet of Prime Minister Ryutaro Hashimoto.
JAPAN
Dec 9, 1997

Bill to revise Deposit Insurance law passes Lower House

After half a day of confusion, a bill to broaden the circumstances under which funds from the Deposit Insurance Corp. can aid financially troubled institutions was approved Tuesday evening by the full Lower House.
JAPAN
Dec 9, 1997

Public highway firms assessed for entertainment outlays

OSAKA -- Two affiliates of Hanshin Expressway Public Corp. spent more than 2 million yen for entertainment, accounting for it as conference expenses, and 1.5 million yen in private taxi fares for business purposes, Osaka Regional Tax Bureau sources said Tuesday.
JAPAN
Dec 9, 1997

Mitsuzuka supports proposed 10 trillion yen bond issue

Finance Minister Hiroshi Mitsuzuka indicated support Tuesday for a proposal to issue a new type of government bond to the tune of 10 trillion yen to support financial institutions and put some life back into the economy.
JAPAN
Dec 9, 1997

Yamaichi chief gives Diet testimony on 'tobashi' trades

Ten corporate customers were involved in Yamaichi Securities Co.'s dubious "tobashi" dealings to hide losses that eventually led to the collapse of the brokerage, Tsugio Yukihira, chairman of the failed firm until last August, said Tuesday in unsworn testimony in the Diet.
JAPAN
Dec 9, 1997

Toyota selects France for home of second European plant

Toyota Motor Corp. on Tuesday announced its decision to build a new car plant in the northern French city of Valenciennes.
JAPAN
Dec 9, 1997

Nonperforming assets led Takushoku's downfall

The massive nonperforming assets amassed by Hokkaido Takushoku Bank were the main factor behind both its deteriorating performance and the failure of its planned merger with Hokkaido Bank, former Takushoku President Sadamasa Kawatani told the Diet on Tuesday.
JAPAN
Dec 5, 1997

Japan offers cheap loans to ASEAN

Staff writer
JAPAN
Dec 5, 1997

Education white paper calls for creative R&D

The level of Japan's science and technology research has steadily improved in recent years to equal that of Western industrialized nations, and now creative research and development must be promoted to keep up the progress, the Education Ministry said Friday in its 1997 white paper on education.
JAPAN
Dec 5, 1997

Finance panel wants rescue body for insurance policies

A new body is needed to protect policyholders trapped at failed insurers by either taking over all the failed firm's policies itself or providing financial assistance to an insurer that offers to do so, a report released by a Finance Ministry study group suggested Friday.
JAPAN
Dec 5, 1997

Ban lifted on financial holding companies

The Diet on Friday passed two bills that remove a five-decade ban on the use of financial holding companies.
JAPAN
Dec 5, 1997

Hashimoto plan backs review of public works projects

Prime Minister Ryutaro Hashimoto introduced plans Friday for a new system of review for public works projects designed to reduce government spending and suspend or terminate projects that no longer meet public needs, government officials said.
JAPAN
Dec 5, 1997

Defense Agency seeks more worthy English title

Even though the Defense Agency failed to win ministerial status under Prime Minister Ryutaro Hashimoto's new administrative reform plan, agency chief Fumio Kyuma says his agency at least deserves a more worthy English title to allow him to save face when meeting foreign counterparts.
JAPAN
Dec 5, 1997

Insurance firms urge public fund use for contingencies

The nation's life and nonlife insurers stressed on Friday the need to use public funds in some way when insurance firms collapse because the burden would be too great for the industry to bear alone.
JAPAN
Dec 5, 1997

Battered Seoul opens doors to Japanese goods

Staff writer
JAPAN
Dec 5, 1997

Mitsuzuka hints at reining in yen

Finance Minister Hiroshi Mitsuzuka said Friday that authorities are prepared to act given the continued depreciation of the yen against the dollar on foreign exchange markets.
JAPAN
Dec 4, 1997

Yamaichi to continue paying employees

Yamaichi Securities Co. will pay wages and retirement money to its employees in accordance with their labor contracts, an executive of the failed brokerage asserted Thursday.
JAPAN
Dec 4, 1997

Son admits killing dad after taking exam

OSAKA -- A 14-year-old boy has been arrested in the fatal stabbing of his father, who was found bleeding from a knife wound to the neck in their home in Takaishi, Osaka Prefecture, police said.
JAPAN
Dec 4, 1997

IMF chief says action will help regain market trust

Decisive measures, including the use of public funds to protect depositors, are necessary if Japan wants to restore confidence in its financial sector at home and abroad, the managing director of the International Monetary Fund said Thursday.
JAPAN
Dec 4, 1997

The Asahara Trial: Cultist recounts Sakamoto slayings

Defense lawyers for Aum Shinrikyo founder Shoko Asahara cross-examined a senior cult figure Thursday who stands accused of taking part in the 1989 murders of an anti-Aum lawyer and his family.
JAPAN
Dec 4, 1997

Mitsubishi Motors chief intent on turnaround

A healthy and cheerful president free of worries is just what Mitsubishi Motors Corp. needs since being racked by legal troubles ranging from sexual harassment to "sokaiya" payoffs.
JAPAN
Dec 4, 1997

Girls increasingly targets of assault, molestation

An increasing number of schoolgirls have been the target of sexual assault in recent months, the National Police Agency said Thursday, noting an 18.4 percent rise in the first 10 months of the year in the number of children overall who were victims of heinous crimes.
JAPAN
Dec 4, 1997

Newly aligned government faces five-year delay

The new administrative system may not be launched for another five years, Prime Minister Ryutaro Hashimoto indicated Thursday.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘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.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
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.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

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

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JNTO promotes sustainable tourism initiatives
JNTO promotes sustainable tourism initiatives

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