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November 27, 2024
 

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JAPAN
May 22, 1997

Only two speak at 'open' Takashimaya meeting

OSAKA -- Takashimaya Co., tainted by a scandal involving alleged payoffs to a gangster, said May 22 at its annual shareholders' meeting that it would be more open and transparent.
JAPAN
May 22, 1997

Asahi Solar ordered to halt 'persistent' sales practices

The Ministry of International Trade and Industry and the Tokyo Metropolitan Government on May 22 ordered Asahi Solar Co. of Oita, a leading maker of solar water heaters, to halt its aggressive home-call sales tactics, authorities said.
JAPAN
May 22, 1997

Nonlife insurers report 2.2% decline in profits

The nation's five major nonlife insurance firms on May 22 released earnings reports for the year that ended March 31, revealing that their combined pretax profits fell 2.2 percent from the previous year.
JAPAN
May 22, 1997

Electronics firms leapfrog falling semiconductor market

Buoyed by strong sales of computer-related equipment and communications devices such as cellular phones, the nation's major electronics manufacturers on May 22 reported increases in sales revenues in the business year that ended March 31.
JAPAN
May 22, 1997

Editor rues not probing Aum for body-burning story

The deputy editor of the Sunday Mainichi weekly magazine testified in court May 22 that he regrets not pursuing rumors that Aum Shinrikyo was burning bodies in an incinerator in 1989.
JAPAN
May 22, 1997

ANA feud takes new twist: Wakasa to resign from board

Tokuji Wakasa, the powerful and controversial 82-year-old honorary chairman of All Nippon Airways, will resign as a board member next month in an apparent move to take responsibility for a recent feud that shook the firm's top management.
JAPAN
May 21, 1997

BOJ bill clears Lower House panel

A government-proposed bill to revise the Bank of Japan Law and give the central bank greater independence cleared the Lower House Finance Committee late May 21.
JAPAN
May 21, 1997

Nation's largest underground mall opens

OSAKA -- Crysta Nagahori, the nation's largest underground shopping mall, was opened to the public May 21 in Chuo Ward here.
JAPAN
May 21, 1997

Rengo hits up BOJ for swift interest rate increase

The Japan Trade Union Confederation (Rengo) called on the Bank of Japan on May 21 to give up its current easy monetary policy, saying it is having a detrimental effect on the economy.
JAPAN
May 21, 1997

Man survives leap from Rainbow Bridge

A man survived after jumping 50 meters into Tokyo Bay from the Rainbow Bridge on May 21 after authorities were unable to talk him out of trying to commit suicide, police said.
JAPAN
May 21, 1997

Japan Olympic Committee to visit rival cities' sites

The Japanese Olympic Committee study group tasked with selecting Japan's candidate for the 2008 Summer Olympic Games will make a two-day visit next month to Osaka and Yokohama, the two cities trying to attract the international event, the JOC said May 21.
JAPAN
May 21, 1997

Tokyu laying track to ease crowded trains

Construction is now in full swing to ease one of the most notorious problems in Tokyo -- overcrowded trains during rush hour.
JAPAN
May 21, 1997

Weak yen helps lift Toyota profits to 620 billion yen

Supported by brisk sales and the weaker yen, Toyota Motor Corp. said May 21 that its unconsolidated pretax profit surged 82.1 percent to 620.4 billion yen -- the third-highest level for the firm -- in the 1996 business year that ended March 31.
JAPAN
May 21, 1997

MITI projects economic windfall from deregulation

Drastic deregulation in five key service sectors would generate 39 trillion yen in fresh investment and boost the nation's economy by 6 percent in the six years between 1995 and 2001, the Ministry of International Trade and Industry said in a report released May 21.
JAPAN
May 20, 1997

Honda posts record net sales of 5.29 trillion yen

Backed by strong sales of its cars in Japan and major overseas markets, Honda Motor Co. posted record-high consolidated net sales of 5.29 trillion yen in the 1996 business year, up 24.5 percent from the previous year, the automaker announced May 20.
JAPAN
May 20, 1997

Kajiyama names Nomura account holders in Cabinet

In a reversal of his earlier stance, Chief Cabinet Secretary Seiroku Kajiyama released late May 20 the names of four Cabinet members who have dealt with and may still hold accounts with Nomura Securities Co.
JAPAN
May 20, 1997

Pair accused of taking murder victim's money

OSAKA -- A former official of a defunct Osaka credit cooperative and another man were arrested May 20 for allegedly withdrawing about 74 million yen from the account of a moneylender who was stabbed to death in late March 1996.
JAPAN
May 20, 1997

Many voices join in battle over 'comfort woman'

Nationwide debate over "comfort women" will probably not end soon. Did wartime Japanese authorities really abduct Korean women for sex slavery, and is it the key question? Should school textbooks cover the issue and should Japan alone be mentioned regarding such practices?
JAPAN
May 20, 1997

Industrial output fell 0.3% in March

Industrial output in March fell 0.3 percent from the previous month, the Ministry of International Trade and Industry announced May 20.
JAPAN
May 20, 1997

Toyota chief content with yen's current rate

The yen's recent surge against the dollar is still in the acceptable range, Hiroshi Okuda, president of Toyota Motor Corp. said May 20.
JAPAN
May 20, 1997

Dollar tumbles to 111.98 yen

With the downtrend gathering momentum in Tokyo, the dollar touched the 111 yen level momentarily late May 20 for the first time since Dec. 6, 1996, on a rush of selling by exporters and institutional investors.
JAPAN
May 19, 1997

Ministry's global warming Web site to debut

The Foreign Ministry will launch an English-language Web site May 20 on global warming.
JAPAN
May 19, 1997

Japan to propose environmental conference at G-7

In a fresh initiative aimed at demonstrating Japan's resolve to help preserve the environment, Prime Minister Ryutaro Hashimoto will propose to host an international conference addressing water problems in developing countries possibly by autumn, government sources said May 19.
JAPAN
May 19, 1997

Hospitals face action for padding medical staff

OSAKA -- The Osaka Prefectural Government will file a criminal complaint against three Yasuda Hospital group hospitals here that allegedly padded reports on the number of its doctors and nurses, it was learned here May 19.
JAPAN
May 19, 1997

Omron to offer stock options to directors

Omron Corp. announced May 19 that it will start a stock-option program next April for its 30 directors, following last week's enactment of a law legalizing such incentives.
JAPAN
May 19, 1997

Deadline for reviewing bureaucracy is set

Prime Minister Ryutaro Hashimoto instructed his advisory panel May 19 to review the civil servant system and by the end of fiscal 1998 wrap up a report detailing ways to maximize the effect of ongoing efforts to trim the central government.
JAPAN
May 19, 1997

Informed consent said paramount in transplant issue

The practice of informed consent under a patients' rights law should be promoted before allowing organ transplants from brain-dead donors, a leading Canadian researcher of medical anthropology said.
JAPAN
May 19, 1997

Nissan Motor offers jobs, not money to aid failed insurer

Instead of providing a large sum of financial support to deal with the failure of Nissan Mutual Life Insurance Co., Nissan Motor Corp. is ready to accept the insurance company's employees, the president of Nissan Motor said May 19.
JAPAN
May 19, 1997

Japan NGOs aid Balkan refugee effort

A consortium of Japanese nongovernmental organizations is supporting the efforts of more than 180 professional aid coordinators working together in the former Yugoslavia, despite their different ethnic backgrounds, to ameliorate the ongoing refugee problems in Bosnia-Herzegovina, Croatia and Serbia,...
JAPAN
May 16, 1997

Diet legalizes stock options

Legislation to legalize stock options cleared the Diet on May 16, setting the stage for many Japanese corporations to introduce in June the highly lucrative system of remuneration available to many U.S. corporate executives and employees.
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.
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.
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.
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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