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November 27, 2024
 

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JAPAN
Jan 29, 1997

Internet provider to enter long-distance phone foray

Internet access provider Rimnet Corp. will join the heated competition among common Japanese carriers by launching long-distance telephone services via the Internet on April 21.Unlike other Internet phone services, Rimnet will not require users to have personal computers and application software to...
JAPAN
Jan 29, 1997

Murderer's appeal quashed by top court

A man who has spent 27 years in jail after being convicted of poisoning his wife, mistress and three others in Mie Prefecture had his fifth appeal for a retrial rejected by the Supreme Court on Jan. 29.The court rejected the special appeal filed by Masaru Okunishi, 71, ruling that the defense had not...
JAPAN
Jan 29, 1997

Industrial output rose in December

The nation's industrial output in December rose 0.3 percent from the previous month, the Ministry of International Trade and Industry said in a preliminary report released Jan. 29.The ministry reported that the nation's production activities are now "on the rise." The adverb "moderately," used in every...
JAPAN
Jan 29, 1997

Rapid decentralization of government urged

The government should swiftly move as many of its functions to local governments as possible to increase the efficiency of administrative services and reduce fiscal deficits, a business executive said Jan. 29.Ken Moroi, adviser to Chichibu Onoda Cement Corp. and head of the government advisory panel...
JAPAN
Jan 29, 1997

Extra budget clears committee vote

The 2.67 trillion yen supplementary budget for fiscal 1996 got the green light Jan. 29 from the House of Representatives Budget Committee after the main opposition parties failed to delay a vote on the plan.While the ruling Liberal Democratic Party, its ally the Social Democratic Party, and 21st Century,...
JAPAN
Jan 29, 1997

'97 budget debate heats up

With the Diet expected to approve the fiscal 1996 supplementary budget Jan. 31, the focus of legislative debate will shift to the fiscal 1997 budget, the No. 1 item on the agenda for the current session.The minority government of Prime Minister Ryutaro Hashimoto and his Liberal Democratic Party hope...
JAPAN
Jan 29, 1997

Holding companies move closer

In an attempt to accelerate the process of lifting the ban on holding companies, the Fair Trade Commission on Jan. 29 presented to the ruling coalition the gist of a bill to revise the Antimonopoly Law.Representatives from the three ruling parties -- the Liberal Democratic Party, the Social Democratic...
JAPAN
Jan 29, 1997

Kato expresses regret over Tomobe's arrest

Liberal Democratic Party Secretary General Koichi Kato said Jan. 29 the arrest of Tatsuo Tomobe -- coming in the year the Upper House celebrates its 50th anniversary -- was especially regrettable. "All lawmakers should make efforts to win back the public's trust in the Diet and its members," Kato told...
JAPAN
Jan 28, 1997

Ex-EPA chief lands Matsushita post

Matsushita Electric Works Ltd. has decided to appoint Shusei Tanaka, a former director general of the Economic Planning Agency, as an outside auditor.The leading Japanese maker of building materials and lighting equipment will formalize the decision Feb. 27 at a general shareholders' meeting. Tanaka,...
JAPAN
Jan 28, 1997

Minister firm on keeping public money from ailing banks

The government has not changed its stance on refusing to use public funds to help banks erase their nonperforming loans, Finance Minister Hiroshi Mitsuzuka said Jan. 28.After the tremendous uproar last spring caused by the infusion of 685 billion yen in public funds to help cover losses left by seven...
JAPAN
Jan 28, 1997

Mitsubishi Motors links up with Italian firm

Mitsubishi Motors Corp. announced Jan. 28 that it will entrust production of its new small sports utility vehicle for the European market to Industrie Pininfarina SpA, an Italian automaker, beginning in 1999.The two firms signed an eight-year agreement on the project, in which a total of 20 billion...
JAPAN
Jan 28, 1997

Keidanren urges simpler merger, acquisition rules

The procedures for corporate mergers and acquisitions should be simplified so companies can keep up with rapid changes in the global environment by reorganizing their corporate structure, according to an economic advisory group.In its report released Jan. 28, the Japan Federation of Economic Organizations...
JAPAN
Jan 28, 1997

High court awards illegal worker lost pay

In a landmark decision, the Supreme Court on Jan. 28 awarded a foreigner 2.2 million yen in income it estimated he lost due to an injury sustained while working illegally in Japan. It was the first ruling by the top court concerning a claim for income lost by an illegally employed foreigner.Based on...
JAPAN
Jan 28, 1997

NCR to give employees stock option

NCR Japan Ltd., a subsidiary of U.S.-based NCR Corp., announced Jan. 28 that it will introduce a "stock option" incentive program for its employees, becoming the first Japanese listed firm to offer such a program.The company's 3,200 workers will be given the right to purchase 90 shares of its parent...
JAPAN
Jan 28, 1997

Panel eyes Diet approval for BOJ board members

A study panel drafting revisions to the Bank of Japan Law basically agreed Jan. 28 that appointment of central bank policy board members should be approved by the Diet.A majority of the panel's members said the three board members representing the BOJ -- including its governor and deputy governor --...
JAPAN
Jan 28, 1997

Tokyoites discuss possible capital move

The Tokyo Metropolitan Government held a conference with Tokyo residents and workers Jan. 27 to discuss relocating the capital outside the city.The Tokyo government restated the opinion of some that the issue should be considered very carefully and that reform and decentralization of central government...
JAPAN
Jan 28, 1997

Energy-environment turf war flares

Japan, the only industrialized nation without an environmental assessment law, is finally moving toward creating one, but an ongoing tug of war between the Environment Agency and the Ministry of International Trade and Industry is casting a shadow over such prospects.The dispute centers on whether power...
JAPAN
Jan 28, 1997

Sanyo to boost investment in solar battery business

Sanyo Electric Co. will invest 2.5 billion yen in its solar power battery operations in fiscal 1997 and another 10 billion yen in the following three years, Sanyo President Yasuaki Takano said Jan. 28. Takano said the strategy will make Sanyo a leader in the field in Japan by 2000.Takano predicted that...
JAPAN
Jan 27, 1997

Kajiyama elaborates on sex-slave comments

Chief Cabinet Secretary Seiroku Kajiyama apologized Jan. 27 to the South Korean people for his remarks concerning the "comfort women" that overshadowed the weekend Japan-Korea summit. Comfort women is the term Japan euphemistically used to refer to its wartime sex slaves.But he then repeated his earlier...
JAPAN
Jan 27, 1997

Hashimoto wants big extra budget

Despite calls by opposition parties to curb extra state spending, Prime Minister Ryutaro Hashimoto on Jan. 27 emphasized the need to implement a proposed 2.666 trillion yen supplementary budget for fiscal 1996.Hashimoto made the remarks in the Diet after Hajime Ishii of Shinshinto, the largest opposition...
JAPAN
Jan 27, 1997

Firms continue clinging to report days

Many companies plan to announce their financial results on the same day this year, despite various efforts to reduce excessive concentration of such presentations, a Tokyo Stock Exchange survey revealed.As many as 304 companies surveyed last month said they plan to announce their fiscal 1995 results...
JAPAN
Jan 27, 1997

Fraud probe nets arrest of Tomobe's wife, son

Police on Jan. 27 arrested five officials belonging to a mutual aid society affiliated with Upper House member Tatsuo Tomobe, 68, on suspicion of massive fraud.The five arrested include Tomobe's wife, Mikiko, 61, who is the head Orange Kyosai Kumiai, and his son, Momoo, its 29-year-old managing director,...
JAPAN
Jan 27, 1997

Domestic auto production sees 1.5% increase in '96

Domestic vehicle production in 1996 rose 1.5 percent from the previous year to total 10.34 million units, posting a year-on-year increase for the first time since 1990, the Japan Automobile Manufacturers Association reported Jan. 27.The increase in output is largely attributable to a recovery in domestic...
JAPAN
Jan 27, 1997

NEC tries to knock out makers of Internet TVs

In an effort to grab a share of the household appliances market, NEC Corp., Japan's top personal computer maker, on Jan. 27 introduced a new PC that can be used as a wide-screen television, a digital video disc player and a game machine.Cereb, priced at 698,000 yen, comes with a 28-inch monitor, a broadcast...
JAPAN
Jan 27, 1997

Public works budget up for review

The government's top spokesman on Jan. 27 hinted at the possibility of reviewing a plan to spend 630 trillion yen on public works projects between fiscal 1995 and 2004."As the government is now working to reconstruct the nation's fiscal situation, the government may need to delay (the implementation...
JAPAN
Jan 27, 1997

Turkish most jealous, Canadians least, Harlequin says

Turkish people are the most jealous when it comes to love, followed by the Spanish and Portuguese, according to a global annual survey of 20 countries released Jan. 27 by the romance novel publishing company Harlequin K.K.Ranked least jealous were Canadians, while Japanese came in 15th, the Japanese...
JAPAN
Jan 24, 1997

Yen to stop falling: Kajiyama

The government's top spokesman tried to talk down the dollar's exchange rate Jan. 24 by saying he is "convinced" that the yen will go no lower than 120 to the dollar."There has been a shared view within both political and economic circles that the (appropriate) yen-dollar range is around 110 yen, and...
JAPAN
Jan 24, 1997

SDP to go along with extra budget

The Social Democratic Party agreed Jan. 24 to support a 2.666 trillion yen supplementary budget for fiscal 1996, enabling Prime Minister Ryutaro Hashimoto's minority government to quell an immediate crisis.The supplementary budget has been pushed by the ruling Liberal Democratic Party. The SDP consent...
JAPAN
Jan 24, 1997

JAL flying oil-cleanup volunteers for free

In a move to support activities to remove oil leaked from a wrecked Russian tanker that sank in the Sea of Japan from coastal areas, Japan Airlines will provide free air tickets to volunteers who fly between Tokyo's Haneda airport and Komatsu airport in Ishikawa Prefecture, officials at the carrier...
JAPAN
Jan 24, 1997

Debt will grow without reforms, Finance Ministry warns

The outstanding balance of government bonds will reach 67.7 percent of gross domestic product in fiscal 2005 if the government fails to carry out structural reforms and continues to issue bonds to make up for all revenue shortfalls, the Finance Ministry warned Jan. 24.In its midterm fiscal outlook submitted...
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.
Kotozakura unburdened by weight of history after claiming first title
Kotozakura speaks during a news conference in Fukuoka on Monday
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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