search

 
 
JAPAN
Oct 28, 1997

Japan's PC market reaches a crossroads

The red warning light is flashing for the personal computer market.
JAPAN
Oct 28, 1997

Kobe mayor Sasayama back at work

KOBE -- Kazutoshi Sasayama returned to his office Tuesday to begin a third four-year term as Kobe mayor after beating two challengers in Sunday's mayoral election.
JAPAN
Oct 28, 1997

Change in investor attitude will spur on mutual funds

Staff writer Sweeping financial deregulation in Japan will require fund managers to improve their skills and necessitate a fundamental change in attitude among individual investors, according to the Japanese arm of Boston-based Putnam Investments Inc.
JAPAN
Oct 28, 1997

Transport chief regrets U.S. decision to collect shipping fines

Transport Minister Takao Fujii expressed strong regret Tuesday over the decision by the U.S. Federal Maritime Commission to collect fees from three Japanese shipping lines in retaliation for inefficient and costly harbor practices in Japan.
JAPAN
Oct 28, 1997

Four Daiwa executives arrested in Koike affair

Tokyo prosecutors arrested four executives of Daiwa Securities Co. on Tuesday for allegedly compensating a "sokaiya" corporate extortionist for investment losses in violation of the Commercial Code and the Securities and Exchange Law.
JAPAN
Oct 28, 1997

Business leaders voice concern over stock crisis

Following the sharp worldwide decline in stock prices, Japan's business leaders on Tuesday expressed serious concern over the nation's economic prospects and called for effective government measures to shore up the country's economy.
JAPAN
Oct 28, 1997

Forum focuses on inventors' rights

OSAKA - The first-ever conference on intellectual property rights sponsored by private citizens from member nations of the Asia Pacific Economic Cooperation opened here Tuesday with the aim of proposing a user-friendly system for corporate and individual inventors.
JAPAN
Oct 27, 1997

Ex-U.S. official urges 'true' reform

Ex-U.S. official urges 'true' reform> Japan must take the plunge and carry out true deregulation if the nation wants to revive its "half dead" economy and achieve healthier trade relations with the rest of the world, Clyde Prestowitz, a former senior official of the U.S. Commerce Department, said Oct....
JAPAN
Oct 27, 1997

JR's first motorwoman at freight train controls

JR's first motorwoman at freight train controls> The Japan Railway group's first female locomotive engineer, Maki Ishimura, 23, climbed into the driver's seat early Oct. 27 aboard a train at Tokyo's Shinagawa Freight Terminal and prepared to depart for the Kawasaki Freight Station in Kanagawa Prefecture....
JAPAN
Oct 27, 1997

Steel industry worries about tax

Steel industry worries about tax> The nation's steel industry on Oct. 27 voiced firm opposition to a carbon dioxide emissions tax, warning that it would seriously damage Japanese companies' competitiveness in global markets.
JAPAN
Oct 27, 1997

Automaker looks to bring Mercedes touch to other segments

Automaker looks to bring Mercedes touch to other segments> Staff writer
JAPAN
Oct 27, 1997

Miyagi hard loss to swallow for Shinshinto's Ozawa

Miyagi hard loss to swallow for Shinshinto's Ozawa> Staff writer
JAPAN
Oct 27, 1997

Improved consumption key to recovery, BOJ says

Improved consumption key to recovery, BOJ says> Economic growth has been slowing since April and business sentiment has weakened, but there are no signs of a sharp decline in corporate profits, employment and income conditions, the Bank of Japan said Oct. 27.
JAPAN
Oct 24, 1997

More Mitsubishi firms tied to 'sokaiya' payoffs

At least three more firms affiliated with the Mitsubishi group are suspected of sending funds to a bank account linked to two "sokaiya" corporate extortionists arrested earlier this week over illegal payoffs from Mitsubishi Motors Corp., police sources said Oct. 24.The three firms are Mitsubishi Electric...
JAPAN
Oct 24, 1997

Lawmakers seek meeting with Kim Jong Il

Representatives from the ruling Liberal Democratic Party and its two non-Cabinet allies expressed their wish Oct. 24 to meet with Kim Jong Il, general secretary of North Korea's ruling Korean Workers' Party, when their delegation visits Pyongyang in mid-November.Hiromu Nonaka, acting secretary general...
JAPAN
Oct 24, 1997

Unification Church ordered to pay follower it coerced

The Tokyo District Court on Oct. 24 ordered the Unification Church to pay 25 million yen in damages to a former follower who claimed the religious group cheated her out of property by forcing her to make donations.Presiding Judge Hiromu Emi told the day's session, "It is socially unacceptable (for the...
JAPAN
Oct 24, 1997

Hashimoto concerned over stock plunge

Prime Minister Ryutaro Hashimoto said Oct. 24 that he is concerned about the worldwide plunge in stock prices triggered by the free fall on the Hong Kong Stock Exchange the previous day, adding that Japan will continue to monitor the markets closely.Responding to questions from reporters, Hashimoto...
JAPAN
Oct 24, 1997

Act now to prevent chill from taking economy, Horiuchi warns

The business climate may get chilly unless the government acts decisively now, Mitsuo Horiuchi, minister of international trade and industry, warned Oct. 24."We're coming to a stage where we must promptly hammer out measures to brighten up the corporate mind and the sentiment of consumers," Horiuchi...
JAPAN
Oct 24, 1997

Ruling party allies wrangle over Article 6

The ruling Liberal Democratic Party and its two smaller allies on Oct. 24 failed to resolve differences over whether Article 6 of the Cabinet Law should be revised to allow the prime minister to issue direct orders to officials of various ministries.Direct orders would be made when swift action is needed...
JAPAN
Oct 24, 1997

Climate change focus of U.N. symposium

Speakers at a climate change symposium said Oct. 24 the Kyoto global warming conference in December will be a crucial test of whether the world will be able to protect the Earth in the next century.During the symposium, held at United Nations University in Tokyo to commemorate the 52nd anniversary of...
JAPAN
Oct 24, 1997

NEC, Toshiba blame tax for midterm sales results

The consumption tax increase in April has had a negative impact on half-year financial results announced Oct. 24 by NEC Corp. and Toshiba Corp., the nation's two major electronics manufacturers.Despite increased exports supported by the weak yen, poor sales of personal computers and home-use electric...
JAPAN
Oct 24, 1997

JAS and KLM sign cooperation agreement

Japan Air System Co. has signed an agreement for opening comprehensive business cooperation with KLM Royal Dutch Airlines to strengthen the two carriers' competitiveness between Japan and Europe.The two airlines exchanged a memorandum of understanding at KLM's headquarters in Holland on Oct. 23, a JAS...
JAPAN
Oct 24, 1997

Aviation talks get another go at vice-ministerial level

The United States and Japan will hold another round of aviation talks at the vice-ministerial level next month since the two sides failed to reach an agreement Oct. 24 in Washington, Transport Minister Takao Fujii said Oct. 24."We had thought that we might be able to have a ministerial-level meeting....
JAPAN
Oct 24, 1997

San Francisco mayor leads delegation to sister-city Osaka

San Francisco Mayor Willie Brown led a delegation of business and government officials to Osaka this week to strengthen business ties between the two cities and offer support for Osaka's bid for the 2008 Olympics.The sister-city relationship celebrates its 40th anniversary this year. Last spring, Osaka...
JAPAN
Oct 24, 1997

Obuchi and Kinkel agree on expanding UNSC

Foreign Minister Keizo Obuchi and his German counterpart, Klaus Kinkel, agreed Oct. 24 to cooperate in their efforts to achieve an expansion of the number of permanent seats on the U.N. Security Council."As for the reform of the U.N. Security Council, the two governments will continue their cooperation...
JAPAN
Oct 24, 1997

Cabinet will now reward thrifty bureaucrats

A long-standing practice was challenged Oct. 24 when Cabinet members agreed that ministries must favorably evaluate bureaucrats who make efforts to reduce the government workload.The bureaucracy has given higher marks to officials who secure more budgetary allocations from the Finance Ministry for their...
JAPAN
Oct 23, 1997

Analyst calls them the 'Big Three'

Yamaichi Securities Co. is no longer worthy of being grouped with the Big Four securities firms, an analyst said Oct. 23, reacting to the firm's business results.Hiroshi Okumura, a professor of business management at Chuo University, was commenting on Yamaichi's 2.7 billion yen in pretax losses and...
JAPAN
Oct 23, 1997

Italy against UNSC expansion, discourages Japan effort

Italian Prime Minister Romano Prodi on Oct. 23 discouraged Japan from pursuing a permanent seat on the U.N. Security Council, saying Italy opposes expanding the number of permanent members.During a news conference at the Japan National Press Club in Tokyo's Hibiya district, he also stressed that "there...
JAPAN
Oct 23, 1997

Fuji Heavy to face 'strict' fine over silent recall

Vice Transport Minister Masahiko Kurono on Oct. 23 expressed regret over the failure of Fuji Heavy Industries Ltd. to report a large auto recall to the ministry.The ministry's penalty could be strict in view of the 1.47 million units subject to the recall, Kurono suggested. "I believe that the recall...
JAPAN
Oct 23, 1997

Ford CEO wants greater access to Japanese market

Staff WriterCHIBA -- Ford Motor Co. hopes for greater foreign access to the Japanese market and a yen strong enough to change Japanese automakers' tendency to over-rely on exports, the company's head said Oct. 23.In an interview with The Japan Times, Alex Trotman, chairman and CEO of Ford, said that...

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