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BUSINESS
May 27, 2000

Nichiei in red for fiscal 1999 after loan collection outcry

OSAKA -- Nonbank moneylender Nichiei Co. said Friday that its group net balance sank into the red in fiscal 1999 for the first time since its founding in 1970, due largely to a public outcry over its loan collection methods.
JAPAN
May 27, 2000

Teshima Island waste dispute nears end

A 25-year-old dispute over industrial waste dumped on Teshima Island in Kagawa Prefecture was close to being resolved on Friday when a government commission formally presented a settlement plan to the prefectural government and Teshima residents.
JAPAN
May 27, 2000

Green energy nearing takeoff in Japan

Movements to promote so-called green energy, such as wind and solar power, are gaining momentum in Japan as opposition to the use of nuclear power increases following last year's fatal nuclear accident and rising pressure to reduce greenhouse gas emissions.
BUSINESS
May 26, 2000

KDD pushes net balance into black for '99

KDD Corp. said Thursday that its consolidated net balance returned to the black in fiscal 1999, due to brisk earnings from domestic phone services and a number of one-off factors, including mammoth gains from securities sales.
BUSINESS
May 25, 2000

Bills passed for spinoff firms, upholding of labor accords

The Diet on Wednesday enacted revisions to the Commercial Code aimed at facilitating corporate spinoffs as well as a law to protect workers and detailing the succession of labor contracts at the time of a spinoff.
BUSINESS
May 25, 2000

Suzuki '99 sales set record but group pretax profits fall

Suzuki Motor Corp. scored record sales on a consolidated basis for fiscal 1999, but its group pretax profits fell due the strengthening of the yen, company executives announced Wednesday.
BUSINESS
May 25, 2000

Three shipbuilding firms in talks on 350 billion yen alliance

is planning comprehensive talks with Kawasaki Heavy Industries Ltd. and Mitsui Engineering & Shipbuilding Co. on a major shipbuilding tieup, industry sources said Wednesday. The alliance, which would have some 350 billion yen in combined sales, would be Japan's largest shipbuilding union, outperforming...
LIFE / Food & Drink / TOKYO FOOD FILE
May 25, 2000

On a culinary cruise in Akasaka

We have numerous restaurants which bear the name of their chefs, owners or svengalis. But Denis Allemand is perhaps the first to proudly boast the name of the man responsible for its interior design -- whose main work in Japan up to now has been producing deli-diners in airport departure lobbies for...
JAPAN
May 23, 2000

Youth crime laid to insular life

Juvenile crimes stem from a society adults created, and changing laws to merely impose a stricter punishment on young offenders will not get to the root of the problem, according to a former family court examiner.
CULTURE / Books / THE ASIAN BOOKSHELF
May 23, 2000

Basho, a man for all seasons

REDISCOVERING BASHO: A 300th Anniversary Celebration, edited by Stephen Henry Gill & C. Andrew Gerstle. Kent: Global Oriental/Global Books, 1999, 168 pp., 14.95 British pounds. During the 300 years since his death, Basho has turned into Japan's most famous poet, the personification of haiku culture...
CULTURE / Music / MUSIC NOMAD
May 23, 2000

Have guitars, will travel -- extensively across Europe

Hurtling toward Vienna on the German autobahns, I have two passengers. One is Okinawan, Takashi Hirayasu. The other, Bob Brozman, is American. Both are playing Bolivian charangos to pass the time, which makes for an interesting multicultural soundtrack for driving. Something like Indian Ocean rhythms...
BUSINESS
May 22, 2000

Former Nichiei president may quit board of directors

OSAKA -- Kazuo Matsuda, who stepped down as president of major nonbank moneylender Nichiei Co. in February to take responsibility for a scandal over the firm's loan collection practices, will resign from its board of directors in June, industry sources said Sunday.
COMMENTARY / World
May 22, 2000

Opportunity amid South Asia's troubles

ISLAMABAD -- While press photographers scrambled inside a hospital in Delhi recently to catch a glimpse of baby Astha, India's 1 billionth citizen, in other parts of India officials continued to battle this year's drought, which has been drying up water supplies and causing crop losses. Just last month,...
COMMUNITY
May 21, 2000

Monkey mugs teacher juggling long way home

After eight months traveling in Asia, Leslie Davis is back in Japan for 2 1/2 weeks. She is using this time "to get grounded": sorting out taxes and boxes, seeing friends and reorganizing her backpack for the next stage of her journey. This will take her through Indonesia to Australia, New Zealand...
JAPAN
May 21, 2000

Cult used Unzen to solicit followers in Nagasaki

The founder of the Honohana Sanpogyo religious group met with the governor of Nagasaki Prefecture in the spring of 1992 and maintained that a "voice from heaven" said the eruption of Mount Unzen would stop by the year's end if prefectural residents "awaken to the real way of life," it was learned Saturday....
COMMUNITY / How-tos / GETTING THINGS DONE
May 21, 2000

Dreams come true

Today I am happy to tell you about one of this column's most successful accomplishments. It began last October when I received a heartfelt letter from Chip Bozek, a teacher in Hokkaido. He wanted to find someone who could give him a "chonmage" haircut like the old-time samurai wore. He had asked his...
JAPAN
May 20, 2000

Aoki misled to take over: DPJ

The Democratic Party of Japan filed a complaint with the Tokyo District Public Prosecutor's Office on Friday against Chief Cabinet Secretary Mikio Aoki for allegedly forging public documents and illegally naming himself acting prime minister.
JAPAN
May 20, 2000

Nissan falls from 'ni' to 'san'

Nissan Motor Co. fell to third place among Japanese automakers in terms of group sales in fiscal 1999, behind No. 1 Toyota and No. 2 Honda, according to Nissan's earnings report released Friday.
BUSINESS
May 20, 2000

FRC approves WL Ross to take over Kofuku Bank

OSAKA -- The Financial Reconstruction Commission has approved the sale of the nationalized Kofuku Bank to U.S.-based WL Ross & Co. LLC, which signed a basic agreement with the government-backed Deposit Insurance Corp.
EDITORIALS
May 19, 2000

The Fed walks the tightrope

Alarmed by signs that the U.S. economy is overheating, the U.S. Federal Reserve Board this week raised U.S. interest rates by half a percentage point. The move reflects a shift in sentiment at the U.S. central bank. While the bank's top officials appear to have accepted the idea that information technologies...
JAPAN
May 19, 2000

Panel wants public involved in court

A judicial reform panel of the ruling Liberal Democratic Party called Thursday for the introduction of "mixed courts," a system adopted in a number of European countries to promote public participation in legal proceedings.
BUSINESS
May 19, 2000

U.S. group takes over Kofuku Bank

OSAKA -- The Financial Reconstruction Commission on Thursday approved the sale of the nationalized Kofuku Bank to U.S.-based WL Ross & Co. LLC, which signed a basic agreement with the government-backed Deposit Insurance Corp.
JAPAN
May 19, 2000

Summit elates Osaka's Okinawans

OSAKA -- Osaka lost the bid for the 2000 Group of Eight summit to Okinawa, shocking and disappointing many local business and political leaders who had believed their city was the clear favorite.
JAPAN
May 18, 2000

First woman to conquer Everest claims May '75 feat was unintended

A Japanese housewife who made climbing history May 16, 1975 by becoming the first woman to conquer the world's tallest peak says her achievement was unintended.
BUSINESS
May 18, 2000

Classes help individuals learn about stock market

With the devastatingly low interest rate available on deposits and the prospect of the introduction in Japan of U.S. 401(k)-style pension plans, more people are studying stock market investment.
COMMENTARY / World
May 18, 2000

Ambivalence, hope greet Korean summit

YANJI, China -- When Eun-byol crossed the Tumen River from North Korea into China three years ago, she was nearly bald from malnutrition after subsisting on a diet of grass and bark mixed with an occasional spoonful of rice.
LIFE / Style & Design / BEAUTY EAST AND WEST
May 18, 2000

The facts you should know before trying to take it all off

More people than ever are overweight, and I would guess that the percentage of people on diets has gone up proportionally as well. Add the number of dieters who really do need to lose weight to those who diet out of some misguided desire to be skeletal, and you've got a lot of people. Weight loss is...
JAPAN
May 17, 2000

Half of top Japan taxpayers earned income from stocks

More than half of Japan's top 100 taxpayers last year earned income from stock transactions, with many making windfall profits from the listing of companies in which they have an interest, the National Tax Administration said Tuesday.
COMMENTARY / World
May 17, 2000

Pakistan peace initiative just a first step

ISLAMABAD -- The empty trailers along the road from the Afghan capital of Kabul to the border with neighboring Pakistan serve as powerful reminders of what Afghanistan's Islamic rulers -- the Taliban -- have achieved in the four years since they took control of most of their Central Asian country's territory....

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
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