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JAPAN
Jul 16, 1997

130 million yen awarded in '83 KAL jet downing

The Tokyo District Court ordered Korean Air to pay 130 million yen in damages July 16 to family members of four Japanese killed when a KAL jetliner was shot down by a Soviet fighter in 1983.
JAPAN
Jul 15, 1997

Thai minister's visit to test Japan's loyalty to Asia

This week's visit by Thailand's finance minister, following his government's decision to unfetter its baht from a dollar-dominated basket of currencies, could prove to be a test of Japan's commitment to securing stability in Asian financial markets.
JAPAN
Jul 15, 1997

JR Tokai to publicly offer 1.5 million shares

Transport Minister Makoto Koga said July 15 that 1.5 million shares in Central Japan Railway Co. (JR Tokai) will be publicly offered when the carrier goes public Oct. 8.
JAPAN
Jul 15, 1997

Nomura facing stiff punishment

The Securities and Exchange Surveillance Commission on July 15 issued a recommendation to the finance minister to take punitive action against Nomura Securities Co. and four former Nomura executives for making illegal paybacks to a "sokaiya" corporate racketeer.
JAPAN
Jul 15, 1997

Defense Agency urges crisis-response legislation

Japan should adopt comprehensive legislation to deal with armed conflicts in neighboring areas and continue to watch military trends in North Korea and China, according to the 1997 Defense White Paper.
JAPAN
Jul 15, 1997

Azabu executives indicted over hidden funds

The Tokyo District Public Prosecutor's Office indicted on July 15 the president of Azabu Building Co. and an executive in charge of financial matters on suspicion of concealing some 1.3 billion yen in a secret account to prevent creditors from claiming its assets, office sources said.
JAPAN
Jul 15, 1997

Tokyo may consult IMF on Thai baht turmoil

If necessary, Japan will hold discussions with the International Monetary Fund over how to deal with the recent instability of the Thai baht, Finance Minister Hiroshi Mitsuzuka said July 15.
JAPAN
Jul 15, 1997

Ford to produce its cars in Japan next century

DEARBORN, Mich. -- Ford Motor Co. will start producing its own vehicles at a Mazda Motor Corp. plant in Japan early in the next century, Wayne Booker, Ford vice chairman, said July 14.
JAPAN
Jul 15, 1997

Four 'sokaiya' sentenced in Ajinomoto payoffs

The Tokyo District Court on July 15 sentenced four "sokaiya" corporate racketeers to prison terms of three to five months and gave two others suspended sentences for receiving payoffs from Ajinomoto Co., the food seasoning firm, in violation of the Commercial Code.
JAPAN
Jul 15, 1997

May industrial output jumps 4.5%

Industrial output in May rose 4.5 percent from the previous month, a sizable upward revision from a preliminary increase of 3.8 percent, the Ministry of International Trade and Industry said in a report released July 15.
JAPAN
Jul 15, 1997

NPA striving for new sex industry regulations

A National Police Agency panel met for the first time July 15 to study ways to regulate dating clubs, adult video home delivery services and other activities that are not currently covered by the adult entertainment business law.
JAPAN
Jul 15, 1997

Indoor fun park to open in downtown Osaka

OSAKA -- Festivalgate, a large indoor amusement park in the Shinsekai district of Naniwa Ward here, will open July 18.
JAPAN
Jul 15, 1997

Kids establish link with Hashimoto by satellite

Ten students from across the country had the opportunity July 15 to talk with Prime Minister Ryutaro Hashimoto via a satellite television conference.
JAPAN
Jul 14, 1997

Kansai groups to make more decentralization efforts

OSAKA -- Amid growing calls that there are too many economic organizations, the Kansai Economic Federation (Kankeiren) announced July 14 that it will step up cooperation with the Kansai Committee for Economic Development (Kansai Keizai Doyukai) in the area of decentralizing government functions.
JAPAN
Jul 14, 1997

Experts comb site of mysterious GSDF training deaths

AOMORI -- Chemical experts of the Ground Self-Defense Force were analyzing air samples July 14 from a site where three soldiers died from apparent gas poisoning during a training drill late July 12.
JAPAN
Jul 14, 1997

Seoul demands stop to seizure of fishing boats

Japan must stop seizing South Korean fishing boats in its redefined territorial waters and immediately release the skippers of the captured vessels, South Korean Ambassador Kim Tae Zhee told Vice Foreign Minister Shunji Yanai on July 14, according to ministry officials.
JAPAN
Jul 14, 1997

Discount rate to stay course, BOJ chief says

The Bank of Japan governor indicated July 14 there would be no immediate change in monetary policy when he said the nation's economy remains on a moderate recovery track and it is the central bank's priority to solidify the recovery.
JAPAN
Jul 14, 1997

Toyoda tells government to seek corporate tax parity

Shoichiro Toyoda, chairman of Japan Federation of Economic Organizations (Keidanren), on July 14 urged government officials to take a positive view on reducing corporate taxes, arguing that a cut would eventually vitalize corporate activity.
JAPAN
Jul 14, 1997

Bankruptcies set record for half-year period

Nearly 8,000 companies went bankrupt between January and June with combined liabilities of 6.37 trillion yen, a record high for a half-year period, a private research company said July 14.
JAPAN
Jul 14, 1997

Tokyo to focus on seven sectors for APEC talks

Japan will propose market-liberalization talks in seven industrial sectors, including environment-related equipment and services, transport machinery and film, at the Asia-Pacific Economic Cooperation forum, government officials said July 14.
JAPAN
Jul 11, 1997

Sato to take 'strict stance' on environment in Australia

Stiffening its policy on the environment, the Ministry of International Trade and Industry drew a clear line July 11 separating itself from Australia, which advocates a flexible approach to tackling global warming.
JAPAN
Jul 11, 1997

LDP presents plan to pare state financiers

After months of wrangling, a special task force of the ruling Liberal Democratic Party announced July 11 its final plan to streamline government-affiliated financial institutions, including abolition of the Japan Development Bank in 1999.
JAPAN
Jul 11, 1997

Toyota to set up product unit for younger people

In an attempt to make products that attract younger people, Toyota Motors Corp. said July 11 it will establish on Aug. 1 a separate organization called Virtual Venture Co.
JAPAN
Jul 11, 1997

Shinshinto loses another lawmaker

Shinshinto, the largest opposition party, is losing another member, it was announced July 11.
JAPAN
Jul 11, 1997

ASEAN's decision hailed by former ambassador

The decision by the Association of Southeast Asian Nations to postpone Cambodia's entry to the group is an effective measure that will pressure the country to resolve its political crisis, according to Yukio Imagawa, Japan's former ambassador to Cambodia.
JAPAN
Jul 11, 1997

Bilateral aviation dispute gets September deadline

Japan and the United States have agreed to resolve their ongoing civil aviation dispute in September by resuming formal negotiations early next month in Tokyo, Transport Ministry officials said July 11.
JAPAN
Jul 11, 1997

Financier-reduction plan shot down by experts

Experts criticized a set of proposals July 11 announced by the Liberal Democratic Party for cutting government-affiliated financial institutions because they lack meaningful principles on which such downsizing can be based.
JAPAN
Jul 11, 1997

Agency to examine dioxin, other 'environment hormones'

The Environment Agency will launch a comprehensive fact-finding study on the effects of what are called "environmental hormones," such as dioxin and polychlorinated biphenyl, on fish, birds and other wildlife, agency sources said July 11.
JAPAN
Jul 11, 1997

New MITI vice minister calls for change

As the global community enters an age of overwhelming competition, Japan must increase its efforts to revamp economic structures and create a new system with greater efficiency, according to Osamu Watanabe, who on July 11 was appointed vice minister for international trade and industry.
JAPAN
Jul 11, 1997

Japan submits financial liberalization plan to WTO

Japan was to submit to a World Trade Organization committee in Geneva on July 11 its package of initial offers to liberalize financial services, including steps for greater deregulation in the areas of insurance and foreign exchange control.
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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