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JAPAN
Jul 4, 1997

Contractor files for bankruptcy

A medium-size general contractor listed on the first section of the Tokyo Stock Exchange effectively went bankrupt July 4 due to real estate-related debts that inflated after the burst of the bubble economy in the early 1990s.
JAPAN
Jul 4, 1997

Bad loans down to 28 trillion yen in March

The balance of nonperforming loans held by the nation's financial institutions came to 27.9 trillion yen as of the end of March, with 4.68 trillion yen estimated requiring disposal as losses, according to Finance Ministry figures released July 4.
JAPAN
Jul 4, 1997

Finance Ministry shuffles top posts

Takeshi Komura, director general of the Finance Ministry's Budget Bureau, was tapped Friday by Finance Minister Hiroshi Mitsuzuka to replace departing Vice Finance Minister Tadashi Ogawa beginning July 15. The post of vice finance minister is considered to be the pinnacle of the nation's bureaucracy....
JAPAN
Jul 4, 1997

Shinshinto panel urges end to open primaries

Shinshinto should stop using open primaries to choose its leader, a panel within the largest opposition party said in a report released July 4.
JAPAN
Jul 4, 1997

Okinawa to host development talks

Japan will host an international development conference in Okinawa Prefecture on July 24 and 25 to seek ways of promoting development assistance, Foreign Ministry officials said July 4.
JAPAN
Jul 4, 1997

Former DKB chairman arrested over payoffs

Prosecutors arrested on July 4 a former chairman of the Dai-Ichi Kangyo Bank in connection with the major city bank's alleged payments to a corporate extortionist.
JAPAN
Jul 4, 1997

Photos of young Kobe suspect spark demand for recall

Justice Minister Isao Matsuura denounced the Shinchosha publishing house July 4 and demanded that it immediately recall copies of its two magazines that ran a photo of the 14-year-old Kobe youth being held in the murder of schoolboy Jun Hase.
JAPAN
Jul 4, 1997

The Asahara Trial: Cultist playing down role, defense says

Defense lawyers for Aum Shinrikyo founder Shoko Asahara accused a former senior cultist during cross-examination July 4 of playing down his involvement in the cult's dubious activities.
JAPAN
Jul 3, 1997

Tanker's oil spill smaller than first feared

Oil spilled July 2 from a supertanker in Tokyo Bay amounts to about 1,550 kiloliters of crude, only one-10th the figure reported the night of the spill, Chief Cabinet Secretary Seiroku Kajiyama said July 3.
JAPAN
Jul 3, 1997

The Asahara Trial: Confessed killer of Sakamotos testifies

The defense team for Aum Shinrikyo founder Shoko Asahara cross-examined on July 3 a former cultist who has confessed to being involved in the murder of an anti-Aum lawyer and his family.
JAPAN
Jul 3, 1997

FTC to reduce M&A restrictions

The Fair Trade Commission said July 3 it will ease restrictions on company mergers and stock acquisitions, effectively halving the number of cases in which firms are required to report to authorities.
JAPAN
Jul 3, 1997

Sato finalizes MITI personnel lineup

Shinji Sato, minister of international trade and industry, has finalized the new lineup of his key staffers, officials said July 3. The change in personnel includes the appointment of Osamu Watanabe, director general of the ministry's Industrial Policy Bureau, as new vice minister.
JAPAN
Jul 3, 1997

The Tokyo Elections: Small parties get their chance

The Tokyo Metropolitan Assembly election on July 6 is widely seen as the most important vote of the year, but it is not only a battlefield for the nation's largest parties.
JAPAN
Jul 3, 1997

Peru to get loans of 42.6 billion yen

Japan promised some 42.6 billion yen July 3 in fresh economic aid to Peru, while Peruvian President Alberto Fujimori brushed aside concerns over terrorism and urged Japanese firms to invest further in his country.
JAPAN
Jul 3, 1997

World Bank exec fights female bias

Mieko Nishimizu, World Bank vice president for South Asia, said July 3 that she wants to eliminate discrimination against women in developing countries in the region.
JAPAN
Jul 3, 1997

Official use of 'hanko' may be coming to an end

The government started examining July 3 the possible abolition of current regulations that require the public to use "hanko" seals for administrative formalities, according to a high-ranking government official.
JAPAN
Jul 3, 1997

Errant banks, securities firms face crackdown

Government leaders reiterated July 3 the need to toughen penalties on financial institutions due to racketeering scandals involving a leading city bank and Japan's major securities firms.
JAPAN
Jul 3, 1997

Environmental groups worry about bay's wildlife

Environmental groups expressed concern about the potential negative effects oil spilled from a supertanker in Tokyo Bay would have on animal life and tidal flats in the area.
JAPAN
Jul 2, 1997

Bangladesh leader hails deepening bilateral ties

Bangladesh and Japan have reached important economic agreements that will help deepen bilateral cooperative relations, Bangladesh Prime Minister Sheikh Hasina said July 2.
JAPAN
Jul 2, 1997

High school grounds 175 students for partying

OSAKA -- A fifth of the entire student body at an Osaka prefectural high school has been grounded for drinking and smoking in parties following a recent athletic event, it was learned July 2.
JAPAN
Jul 2, 1997

U.N.'s Akashi urges nation to aid North Korea

U.N. Undersecretary General Yasushi Akashi urged Japan on July 2 to extend humanitarian emergency food aid to North Korea to ease its severe food shortage.
JAPAN
Jul 2, 1997

Knifing was not meant to kill, couple says

OSAKA -- A man and a woman charged with attempted murder in connection with the stabbing of a pregnant woman, which resulted in the death of her unborn child, told a court July 2 that they had no intention of killing the woman.
JAPAN
Jul 2, 1997

The Tokyo Elections: LDP, JCP looking strong

More Tokyo voters are leaning toward candidates from the Liberal Democratic Party and the Japanese Communist Party in the assembly election July 6 than four years ago, according to a Kyodo News poll.
JAPAN
Jul 2, 1997

The Tokyo Elections: SDP seeks help; communists face LDP

The Social Democratic Party is in trouble. All but four of its members in the Tokyo Metropolitan Assembly have deserted the party, and those who have stayed are facing an uphill battle.
JAPAN
Jul 2, 1997

Major oil spill hits Tokyo Bay

A supertanker ran aground July 2 in Tokyo Bay, dumping as much as 15,000 kiloliters of crude oil in one of the worst environmental accidents in Japanese waters, the Maritime Safety Agency said.
JAPAN
Jul 2, 1997

1996 surplus reaches 437.4 billion yen

A total surplus of 437.4 billion yen was recorded after the government settled its general account for fiscal 1996, which ended in March, the Finance Ministry announced July 2.
JAPAN
Jul 2, 1997

Liberalized APEC trade in environmental goods sought

Japan plans to propose talks on liberalizing trade in environment-related equipment and services within the 18-member Asia-Pacific Economic Cooperation forum, government officials said July 2.
JAPAN
Jul 1, 1997

Concert to list shares on TSE in autumn

Concert PLC, a global telecom firm to be established this fall by a merger of British Telecommunications PLC and MCI Communications Corp., will list its shares on the Tokyo Stock Exchange immediately after the company is formed.
JAPAN
Jul 1, 1997

Dutch juror throws support behind war claimants

During his teaching stint at a Dutch naval cadet school in the 1950s and '60s, Frits Kalshoven taught aspiring officers about how to fight a war as humanely as possible.
JAPAN
Jul 1, 1997

Panel wants Lima lessons put to use

Japan must not forget the lessons from the hostage crisis at the Japanese ambassador's residence in Lima and must uphold the principle of not yielding to terrorism, according to a report released July 1 by a Tokyo-based think tank.
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.
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.
AI boom makes 139-year-old cable maker Japan’s hottest stock
Fujikura's headquarters in Tokyo's Koto Ward. The company's share price has surged by more than 400% this year.
Suspected arson in Sapporo leaves four injured
Firetrucks outside a building in Sapporo where an explosion left four people injured on Tuesday.
Japan’s sauna movement: Relax, refresh, repeat
Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
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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