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JAPAN
May 21, 1998

A third of Tokyo women suffer domestic violence: report

One-third of women polled in Tokyo have been physically abused by their partners at least once, and about a quarter of such women are abused repeatedly, according to a report released Thursday by the Tokyo Metropolitan Government.
JAPAN
May 21, 1998

Economy weak, not deflating, BOJ says

The domestic economy is currently not on the verge of entering a deflationary spiral, Bank of Japan Gov. Masaru Hayami said Thursday, adding that he will monitor the effects of governmental pump-priming efforts.
JAPAN
May 21, 1998

Nonlife insurers post decline in revenues for '97

The combined annual premium revenue at the nation's five major nonlife insurance firms, for fiscal 1997, registered a year-on-year decline for the first time in the postwar era, earnings reports released Thursday showed.
JAPAN
May 21, 1998

Sharp president Tsuji to resign in management reshuffle

OSAKA -- Katsuhiko Machida, a managing director of Sharp Corp., will become president on June 26, succeeding Haruo Tsuji, who will become a counselor, it was announced here Thursday.
JAPAN
May 21, 1998

Local Indonesian students rejoice at Suharto's resignation

Students from Indonesia expressed surprise and hope for the reform of their country following President Suharto's announcement of his resignation Thursday.
JAPAN
May 21, 1998

Senior defense officials found moonlighting at costly supplier

Nine senior defense officials, including high-ranking uniformed officers, in the past decade became executives of a defense supplier that was allegedly involved in a bill-padding scandal that surfaced in September, Defense Agency Secretariat Yasuhiro Ogoshi said Thursday.
JAPAN
May 21, 1998

Daiwa, Sumitomo declare losses for fiscal '97

Daiwa Bank on Thursday reported pretax losses of 151.2 billion yen for fiscal 1997 -- compared to pretax profits of 4.2 billion yen a year before -- due to its continued efforts to erase nonperforming loans from its balance sheets.
JAPAN
May 21, 1998

Government cancels empty escape flight

One of the last commercial flights chartered by the government to transfer Japanese nationals from Indonesia was canceled Thursday afternoon for lack of passengers, and the remaining charter may be canceled as well, government officials said Thursday.
JAPAN
May 21, 1998

Daihatsu posts 7.5% rise in profit

Daihatsu Motor Co. announced Thursday that its unconsolidated net profit increased 7.5 percent over the previous year to 6.8 billion yen for the 1997 business year.
JAPAN
May 21, 1998

Businesses unsure about Indonesia's new future

and SAYURI DAIMON
JAPAN
May 21, 1998

Hashimoto vows to keep close eye on Indonesia crisis

Japan will support Indonesia's new leadership, but will "keep a careful watch" as Jakarta tries to achieve social stability and economic recovery, Prime Minister Ryutaro Hashimoto said Thursday.
JAPAN
May 20, 1998

Mapmakers pull foreign name switch

Staff writer
JAPAN
May 20, 1998

BOJ denies falsifying staff reports

The Bank of Japan denied Wednesday having inflated staff numbers to secure a larger budget for personnel expenses as some media have reported, but also promised to increase transparency in its wage structure.
JAPAN
May 20, 1998

Suharto considers plea to use utmost restraint

In a message sent to Tokyo on Wednesday, Indonesian President Suharto said Jakarta will seriously consider Japan's request for the Indonesian government to exercise the maximum restraint in dealing with its political crisis.
JAPAN
May 20, 1998

Prosecutor named chief of new finance inspection agency

The government has decided to appoint Masaharu Hino, head of the Nagoya High Public Prosecutor's Office, to the post of the first director general of the Financial Inspection Agency, a new government body to be set up in June, Chief Cabinet Secretary Kanezo Muraoka said Wednesday.
JAPAN
May 20, 1998

Government now ready to utter the 'R' word

The government will convene a meeting of Japan's top economists next month to formally admit that Japan's economy is now in a recession, a government source said Wednesday.
JAPAN
May 20, 1998

Industrial output for March slowed 2.3%

Industrial output in March dropped 2.3 percent, marking the second consecutive monthly decline, the Ministry of International Trade and Industry said in a report released Wednesday.
JAPAN
May 20, 1998

Hashimoto rejects Okinawa calls to move U.S. heliport abroad

Prime Minister Ryutaro Hashimoto on Wednesday dismissed growing calls in Okinawa Prefecture for the heliport functions of the U.S. Marine base in Futenma to be moved to another country instead of relocated to a planned offshore facility in the prefecture, a government official said.
JAPAN
May 20, 1998

Toyota leads all corporate taxpayers

Toyota Motor Corp. was again the highest income earner, reporting taxable income of 745.4 billion yen for the year and returning to the position it relinquished to the Bank of Japan in 1996, according to Tokyo Shoko Research.
JAPAN
May 20, 1998

U.S. to lobby for airport work contracts

OSAKA -- A delegation of U.S. construction company executives will travel to Nagoya and possibly the Kansai region in early June in order to press for U.S. access to airport construction projects, according to U.S. Ambassador Tom Foley.
JAPAN
May 20, 1998

Japanese-Swiss bank starts up June 1

LTCB Warburg Securities, an investment bank jointly formed by the Long-Term Credit Bank of Japan, Swiss Bank Corp. and Union Bank of Switzerland, will begin operations June 1, company officials said Wednesday.
JAPAN
May 20, 1998

Exports declined 1.7% in April

Japan's exports in April fell 1.7 percent from the same month last year -- the first fall since July 1995 -- because of a decline in exports to economically battered parts of Asia.
JAPAN
May 20, 1998

Nissan to post losses of 14 billion yen

In sharp contrast to its rival automakers, financially troubled Nissan Motor Co. announced Wednesday that it expects to post net losses of 14 billion yen for the 1997 business year.
JAPAN
May 20, 1998

Japan Telecom posts consolidated profit

Japan Telecom Co. reported 31.42 billion yen in consolidated pretax profit Wednesday, generating 8.11 billion yen in net profit on sales of 411.76 billion yen for fiscal 1997
JAPAN
May 19, 1998

Money supply growth falls for second consecutive month

Growth in money supply fell for the second straight month in April, rising 1 percentage point, or 3.5 percent on a year-on-year basis, less than in March, according to Bank of Japan figures released Tuesday.
JAPAN
May 19, 1998

Pop diva Amuro gives birth to baby boy

Pop diva Namie Amuro gave birth to a boy early Tuesday morning in a hospital in Iwatsuki, Saitama Prefecture.
JAPAN
May 19, 1998

Tokyo to discuss joint development with Mercosur bloc

Staff writer
JAPAN
May 19, 1998

Who could replace Hashimoto?

Staff writer
JAPAN
May 19, 1998

Narita airport turns 20 years old

New Tokyo International Airport in Narita, Chiba Prefecture, marks the 20th anniversary of its opening today, but a row with local landowners that began before the airport started operations continues to halt its planned expansion.
JAPAN
May 19, 1998

IMF asked to consider effects of stringent aid requirements

The International Monetary Fund should consider the economic impact on the weak when setting conditions on aid for currency crisis-hit countries, an advisory body to the finance minister said Tuesday, in reference to the social confusion in Indonesia.

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