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JAPAN
Sep 18, 1997

Daiwa raided over 67 million yen payoff

Tokyo prosecutors raided the head office of Daiwa Securities Co. on Sept. 18 to search for evidence of payoffs allegedly made by the major securities firm to corporate extortionist Ryuichi Koike, a "sokaiya" central to similar scandals involving Nomura Securities Co. and Dai-Ichi Kangyo Bank.
JAPAN
Sep 18, 1997

Northwest reaffirms support of 'open skies' as talks near

Prior to next week's scheduled bilateral aviation talks in Tokyo, executives of Northwest Airlines reaffirmed the carrier's position Sept. 18 to firmly support an "open skies" policy that would fully liberalize the air service market between the United States and Japan.
JAPAN
Sep 17, 1997

Designer of Aum sarin plant given 14-year sentence

A former senior Aum Shinrikyo member was sentenced Sept. 17 to 14 years in prison for designing a nerve gas laboratory and building the spraying device used in the June 1994 nerve gas attack in Matsumoto, Nagano Prefecture.
JAPAN
Sep 17, 1997

ASEM action plan focuses on two-way investment boost

In an effort to boost the two-way flow of investment between Asia and Europe, Thailand has drafted the Asia-Europe Meeting action program.
JAPAN
Sep 17, 1997

Recruit's Ono given suspended sentence

Toshihiro Ono, the former chief of Recruit Co.'s presidential secretariat, was given a two-year prison term Sept. 17, suspended for three years, for selling unlisted Recruit Cosmos shares to two Diet members from 1985 to 1986.
JAPAN
Sep 17, 1997

IMF halves Japan's growth forecast

Japan's economic growth forecast for the 1997 calendar year has been revised downward to 1.1 percent from April estimates of 2.2 percent, the International Monetary Fund said Sept. 17.
JAPAN
Sep 17, 1997

Chinese activist gets suspended term for ramming blockade

A Chinese prodemocracy activist was sentenced Sept. 17 to one year in prison, suspended for three years, for ramming his car into a police blockade last June in front of the Chinese Embassy in Tokyo.
JAPAN
Sep 17, 1997

Mitsuzuka begins trip for ASEM, G-7 talks

Finance Minister Hiroshi Mitsuzuka departs Sept. 18 to attend a series of international financial meetings that will focus on the stability of Asian markets and the strength of the Japanese economy.
JAPAN
Sep 17, 1997

Iranian man alleges abuse in Fuchu prison

An Iranian man who was incarcerated at Fuchu prison has filed a 15 million yen damages suit against the national government, claiming that guards in the western Tokyo facility mistreated him, his lawyers said Sept. 17.
JAPAN
Sep 17, 1997

SDP, Sakigake issue ultimatum on Sato

The ruling Liberal Democratic Party's two non-Cabinet allies threatened Sept. 17 to end the tripartite alliance unless Koko Sato resigns as head of the Management and Coordination Agency.
JAPAN
Sep 17, 1997

Trade surplus up for fifth month

The nation's customs-cleared trade surplus for the month of August came to 742.1 billion yen, rising 113.6 percent from the same period last year, according to statistics released Sept. 17 by the Finance Ministry.
JAPAN
Sep 17, 1997

Yamaichi execs arrested over payoffs to 'sokaiya'

Prosecutors arrested five officials of Yamaichi Securities Co. on Sept. 17, including a former senior managing director, on suspicion of illegally making payoffs to a "sokaiya" corporate extortionist.
JAPAN
Sep 17, 1997

Industrial output increases 1.7%

Industrial output in July rose 1.7 percent from the previous month, with an upward revision from a preliminary increase of 1.1 percent, the Ministry of International Trade and Industry said in a report released Sept. 17.
JAPAN
Sep 17, 1997

New transport chief on course for clash over JR debt, taxes

When the new transport minister began talking about solutions to the long-running and lingering problem of debts left over by the former Japanese National Railways, one word kept coming up: "taxes."
JAPAN
Sep 17, 1997

Hashimoto comes out in favor of legislated spending limits

Prime Minister Ryutaro Hashimoto and his Conference on Fiscal Structural Reform on Sept. 17 endorsed a draft bill that would oblige the government to reduce key expenditures to achieve its self-imposed fiscal reform targets by fiscal 2003.
JAPAN
Sep 16, 1997

Embassy to hold service for Diana

The British Embassy will hold a service Sept. 20 dedicated to the memory of Diana, Princess of Wales, for the British community in Japan, the embassy announced on Sept. 16.
JAPAN
Sep 16, 1997

Survey finds Japan youths well-traveled

About 62.6 percent of Tokyo residents in their 20s have been to a foreign country at least once, according to a Tokyo Metropolitan Government survey released Sept. 16, which showed a sharp increase from the 34.5 percent of residents surveyed in 1989 who had been overseas.
JAPAN
Sep 16, 1997

MITI chief vows to tackle 'global megacompetition'

Mitsuo Horiuchi, the newly appointed minister of international trade and industry, is determined to push through "drastic policies" to accelerate deregulation and create a level playing field for Japanese companies competing in this era of "global megacompetition."
JAPAN
Sep 16, 1997

LDP allies want Koko Sato to resign

The two non-Cabinet allies of the ruling Liberal Democratic Party agreed Sept. 16 to demand the resignation of Koko Sato, who was appointed head of the Management and Coordination Agency last week even though he was convicted in the 1970s Lockheed bribery scandal.
JAPAN
Sep 16, 1997

Kyuma stays firm on defense review

Reappointed to a second term as Defense Agency chief, Fumio Kyuma reaffirmed that he will complete the review of the Japan-U.S. defense guidelines and implement the relocation of the U.S. Marines' Futenma Air Station in central Okinawa.
JAPAN
Sep 16, 1997

Era of foreign pressure is over: finance official

Japan does not intend to change course on its fiscal reconsolidation policy just because of foreign pressure to boost domestic demand, a senior Finance Ministry official said Sept. 16.
JAPAN
Sep 16, 1997

Gays win lodging discrimination suit against Tokyo

A group of gay and lesbian activists was awarded compensation by a high court Sept. 16 for the Tokyo Metropolitan Government's refusal to let them use public accommodations in Fuchu, west Tokyo, in 1990.
JAPAN
Sep 16, 1997

Bank workers' salaries continue to grow

Amid public criticism against high salaries in the protected banking industry, an average banker earned slightly more in fiscal 1996 than the year before, a Tokyo-based research company said Sept. 16.
JAPAN
Sep 16, 1997

Transplant experts seek understanding

OSAKA -- Organ transplant experts Sept. 16 called for more public understanding and support for the procedure in Japan, saying it will not become widespread unless people have strong trust in medical professionals.
JAPAN
Sep 12, 1997

Hashimoto defends choice of ministers

Prime Minister Ryutaro Hashimoto stressed Sept. 12 that his new Cabinet contains the best lineup possible for tackling the intensive reforms he is pursuing.
JAPAN
Sep 12, 1997

Australian minister queries Tokyo on Isahaya project

Staff writer
JAPAN
Sep 12, 1997

Sato starts off better late than never

In a remark that may be taken as a step backward, Koko Sato, the newly appointed director general of the Management and Coordination Agency, said Sept. 12 that the government's final administrative streamlining plan may be late.
JAPAN
Sep 12, 1997

BOJ outlines new structural reorganization plan

The Bank of Japan partially outlined an organizational reform plan Sept. 12 that would streamline its operations starting in April 1998.
JAPAN
Sep 12, 1997

IAEA chief seeks more from Pyongyang

Staff writer
JAPAN
Sep 12, 1997

U.S. urges Japan to take market-opening steps

The United States renewed calls on Japan to eliminate the Large-Scale Retail Store Law and other obstacles blocking the penetration of foreign products into the Japanese market, Japanese government officials said Sept. 12.

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