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JAPAN
Nov 5, 1997

BOJ chief defends easy monetary policy

Bank of Japan Gov. Yasuo Matsushita defended the bank's prolonged easy monetary policy Wednesday as he responded to commonly asked questions and criticisms over its low interest rates.
JAPAN
Nov 5, 1997

JR firms tell government enough is enough for JNR

The presidents of seven Japan Railway group companies told a governmental committee Wednesday they cannot afford to shoulder any more of the 28 trillion yen in debts left by the former Japanese National Railways.
JAPAN
Nov 5, 1997

Red Army member could face prison

Prosecutors demanded a 2 1/2-year prison term Wednesday for Japanese Red Army member Kazue Yoshimura, who is charged with trying to use a forged passport in Peru.
JAPAN
Nov 5, 1997

U.S. land mines in Japan discussed before treaty's signing

Japan and the United States held talks Tuesday and Wednesday in Tokyo on land mines possessed by U.S. forces in Japan, preceding Tokyo's anticipated signing of an international treaty banning antipersonnel mines.
JAPAN
Nov 5, 1997

Ministry wants tax breaks cut, tax rates lowered

The Finance Ministry recommended Wednesday that tax breaks firms receive on five reserve funds be abolished or reduced so their taxable income base can be expanded and overall corporate tax rates reduced beginning in fiscal 1998.
JAPAN
Nov 5, 1997

Defense chief presents heliport plan to Okinawa

Defense Agency Chief Fumio Kyuma visited Okinawa Prefecture on Wednesday to unveil blueprints for a sea-based heliport off Nago, northern Okinawa Island, in a last-ditch effort to win local support for the plan.
JAPAN
Nov 5, 1997

Committee passes key fiscal reform bill

A Lower House ad hoc committee passed a top fiscal reform bill Wednesday that would set a target for deficit reduction and place a ceiling on key budget items.
JAPAN
Nov 5, 1997

MMC chief denies links to 'sokaiya' but intends to resign

The chairman of Mitsubishi Motors Corp. said on Wednesday that he knew nothing of the company's involvement with two "sokaiya" corporate extortionists or alleged illegal payoffs, but will step down from the chairmanship to take responsibility.
JAPAN
Nov 5, 1997

KDD sees sales decline

KDD, the country's leading international telecommunications carrier, reported on Thursday a decline in sales to 153 billion yen for the April-September period, an 8.1 percent fall from the same period last year.
JAPAN
Nov 5, 1997

Courts pressured on death penalty

Prosecutors have submitted an opinion to the Supreme Court claiming that rulings by lower courts in a 1991 double murder case in Hokkaido, in which the defendant was sentenced to life in prison, violated the common law standards of the death penalty, it was learned Wednesday.
JAPAN
Nov 4, 1997

Israel called obstacle to peace

Staff writer
JAPAN
Nov 4, 1997

Creating new businesses 'urgent' task, panel says

A subcommittee under the Industrial Structure Council, an advisory body to the minister of international trade and industry, urged the government Tuesday to create two laws to better facilitate the creation of new businesses.
JAPAN
Nov 4, 1997

Women against war violence converge on Tokyo

More than 650 international activists and experts opposing wartime violence against women gathered in Tokyo on Monday to urge women to actively change societies that instigate discrimination and violence against them.
JAPAN
Nov 4, 1997

Swede brings two views to Hagi pottery

HAGI, Yamaguchi Pref. -- Few have ventured outside the borders defined by tradition in the more than 400 years this town has been producing its famous pottery, renowned as among the best for use in the Japanese tea ceremony.
JAPAN
Nov 4, 1997

Big Four to contribute 20 billion yen to Sanyo safety fund

The nation's four largest brokerage houses are expected to contribute 20 billion yen to a securities safety fund so clients of bankrupt Sanyo Securities Co. can withdraw assets from the failed firm, sources said Tuesday.
JAPAN
Nov 4, 1997

Russia seen on verge of joining APEC

Staff writer
JAPAN
Nov 4, 1997

Rengo requests 2 trillion yen tax cut

The Japanese Trade Union Confederation (Rengo) submitted a request Tuesday for a 2 trillion yen income tax reduction and other measures to three opposition parties and two small non-Cabinet allies of the ruling Liberal Democratic Party.
JAPAN
Nov 4, 1997

Financing of Kansai airport runway decided

OSAKA -- Leaders of four Osaka-based business organizations and the Japan Federation of Economic Organizations (Keidanren) agreed Tuesday on a plan for how the private sector should finance the construction of a second runway at Kansai International Airport.
JAPAN
Nov 4, 1997

Worsening economy sparks dissent within LDP

A number of lawmakers on the Liberal Democratic Party's Executive Council on Tuesday voiced concern over a bill that would designate specific reduction targets in key budget areas, arguing the bill would make it impossible for the government to stimulate the economy via spending measures.
JAPAN
Nov 4, 1997

Dome in the dunes ready for desert study

TOTTORI -- Scientists are now busy working in a gigantic new glass dome at the famous Tottori Sand Dunes, which silently covers a 16-km stretch of the Sea of Japan coast.
JAPAN
Oct 31, 1997

Nikkei ends higher after nearing 16,000

Share prices on the Tokyo Stock Exchange were erratic Friday, with the Nikkei average at one point swooping to within a hair of the key 16,000 barrier but eventually logging a slight rise over the previous day. The index closed at 16,458.94, up 94.00 points.
JAPAN
Oct 31, 1997

VP Kishi takes helm at Tokyo-Mitsubishi bank

The Bank of Tokyo-Mitsubishi, a leading commercial bank, will promote Vice President Satoru Kishi to the post of president to replace current President Tasuku Takagaki, the bank announced Friday.
JAPAN
Oct 31, 1997

Panel agrees on abolishing securities tax

A blue-ribbon subcommittee on revisions to the taxation system basically agreed Friday that securities transaction and brokerage taxes should be abolished, or at least reduced, beginning in fiscal 1998. The subcommittee is to draw up an interim report by the end of November for the general meeting of...
JAPAN
Oct 31, 1997

1,200 firms divorce 'sokaiya'

About 1,200 companies, mainly listed firms based in the Tokyo area, have declared plans to sever relations with "sokaiya" corporate extortionists, the Metropolitan Police Department said Friday.
JAPAN
Oct 31, 1997

Tokyo pressuring states before COP3

Japan will take every diplomatic opportunity to narrow differences over greenhouse gas emissions targets to ensure the upcoming COP3 international global warming conference in Kyoto does not fail, Chief Cabinet Secretary Kanezo Muraoka said Friday.
JAPAN
Oct 31, 1997

Man held over bogus bills

A 26-year-old Chinese man was arrested in Yokohama for passing counterfeit 5,000-yen notes early this week, police said Friday.
JAPAN
Oct 31, 1997

Hikari Tsushin rides crest of telecommunications wave

Staff writer
JAPAN
Oct 31, 1997

Bank of Japan to control liquidity via 'repo' market

In a bid to reinforce its monetary control, the Bank of Japan will adopt a new tool to open market operations as early as this month by using the expanding market for bond repurchase agreements, the BOJ announced Friday.
JAPAN
Oct 31, 1997

Public corporations fail to declare 16 billion yen

The National Tax Administration Agency said Friday that 926 public-interest corporations, including those running private schools and temples, failed to declare 16.443 billion in corporate income for the July 1996 to June 1997 period.
JAPAN
Oct 31, 1997

Death-row convict wins libel case

The Tokyo District Court on Friday ordered commentator Atsuyuki Sassa and Bungei Shunju, a major publishing house, to pay 350,000 yen in damages to Hiroshi Sakaguchi, a former Japanese Red Army activist now on death row, for defamation.
Funeral held for Princess Yuriko at Tokyo cemetery
Crown Prince Akishino and Crown Princess Kiko, followed by Princess Aiko and Princess Kako, prepare to attend a funeral service for Princess Yuriko at Toshimagaoka Cemetery in Tokyo on Tuesday.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
Suspected arson in Sapporo leaves four injured
Firetrucks outside a building in Sapporo where an explosion left four people injured on Tuesday.
Trump pledges 25% tariffs on Canada and Mexico, and more levies on China
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19. Trump on Monday threatened to slap China, Mexico and Canada with hefty tariffs upon his return to the White House.
False report on Yasukuni Shrine visit 'extremely regrettable,' top spokesperson says
Chief Cabinet Secretary Yoshimasa Hayashi during a news conference in Tokyo on Tuesday
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.
Are you leaving your loved ones digital legacies or headaches?
The National Consumer Affairs Center reports a growing number of consultations regarding "digital legacies" — data and online services left behind when people die.
Rayssa Leal and Chloe Covell on Japan’s teen skaters: We are friends, not rivals
Brazil’s Rayssa Leal celebrates after winning the women's Street League Skateboarding competition on Saturday in Tokyo.
An iconic 32-foot doughnut might give Randy’s an edge in Japan
Randy's Donuts in Inglewood, California. Replicas of the giant doughnut sculpture will be installed, where possible, at shops in Japan.

Podcast

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

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat
By Greg Dvorak

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