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November 25, 2024
 

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JAPAN
Nov 25, 1997

Japan's 'venture forum' plan targets G-8 jobless problem

Staff writer
JAPAN
Nov 21, 1997

Expanding day-care center building on bilingualism

Staff writer
JAPAN
Nov 21, 1997

Simul International folds

Simul International Inc., a major simultaneous service firm, effectively went bust Friday as it filed for "wagi" composition procedures with creditors, according to private credit research agency Teikoku Data Bank.
JAPAN
Nov 21, 1997

Writeoffs to leave four banks in red

Five of the nation's 10 city banks announced plans Friday to write off their massive bad loans during fiscal 1997, four of them saying they expect to go into the red at the end of the year.
JAPAN
Nov 21, 1997

Okinawa development steps unveiled

Staff writer
JAPAN
Nov 19, 1997

Public funds ruled out for finance bailouts

The government does not intend at this time to consider a new framework for using public funds to help prop up the financial sector, Finance Minister Hiroshi Mitsuzuka said Wednesday.
JAPAN
Nov 19, 1997

Former exec of Mitsukoshi unit held in breach of trust

A former executive of a Mitsukoshi Ltd. subsidiary and two other officials were arrested Wednesday for alleged aggravated breach of trust in connection with 180 million yen in payments to a construction company on the verge of financial collapse.
JAPAN
Nov 19, 1997

First-half profits slump at Fuji, Sanwa

Fuji Bank and Sanwa Bank, two of the nation's city banks, said Wednesday that their pretax profits for the April-September period fell 75.6 percent and 64.4 percent, respectively, from the same period last year as they continued efforts to dispose of bad assets.
JAPAN
Nov 18, 1997

Allies draw line in sand over postal services

Apparently backpedaling on administrative reform efforts, the ruling Liberal Democratic Party and its two smaller allies on Tuesday confirmed they will demand that the three services of the posts ministry be maintained as state-run.
JAPAN
Nov 18, 1997

Corporate heads praise measures, point to financial system

The nation's business leaders on Tuesday welcomed the government's package of pump-priming measures as effective, but called for measures to solve problems in the financial sector and for the government to reform the nation's taxation and administrative systems to stimulate the economy.
JAPAN
Nov 17, 1997

Hokkaido Takushoku folds; BOJ sends emergency loans

Marking the biggest collapse in the nation's financial industry, ailing Hokkaido Takushoku Bank announced Monday its de facto failure by saying it will transfer its operations to Hokkaido-based North Pacific Bank and other financial institutions.
JAPAN
Nov 17, 1997

Ministry plays down bank's collapse

Finance Minister Hiroshi Mitsuzuka and other ministry officials Monday attempted to underplay the fact that the failure of Hokkaido Takushoku runs counter to the ministry's oft-repeated pledge that the nation's top 20 banks would not be allowed to fail.
JAPAN
Nov 14, 1997

EPA says economy mired in a standstill

In a monthly report released Friday, the Economic Planning Agency said that although the economy has stalled and business sentiment is dimming, the economy has not yet entered recession. In a retreat from the government's long-held assessment of a mildly recovering recovery, the agency described the...
JAPAN
Nov 12, 1997

Exports help Daihatsu post record profit

Daihatsu Motor Co. on Wednesday reported record-high sales of 396.92 billion yen and record-high pretax profits of 9.03 billion yen for the first half of the 1997 business year.
JAPAN
Nov 12, 1997

Keidanren exec backs long-term emissions goal

Last in a series
JAPAN
Nov 11, 1997

KDD considering merger with Teleway

KDD, the nation's leading international telecommunications carrier, said Tuesday it is moving toward a merger with Teleway Corp., a firm affiliated with Toyota Motor Corp. that handles domestic long-distance services.
JAPAN
Nov 10, 1997

Mitsubishi Motor funds were payoffs: 'sokaiya'

A "sokaiya" corporate racketeer has admitted that payments from Mitsubishi Motors Corp. were made to him in exchange for his services, police sources said Monday.
JAPAN
Nov 10, 1997

Asian economic jitters fuel TSE selling spree

Pessimism reigned Monday over prospects for the Tokyo stock market and the yen's value against the dollar.
JAPAN
Nov 7, 1997

Japan slams delay in dumping levy clarification

Japanese trade officials expressed strong concern Friday over Washington's failure to clarify the process leading up to the recent levying of dumping charges on Japanese supercomputers.
JAPAN
Nov 5, 1997

BOJ chief defends easy monetary policy

Bank of Japan Gov. Yasuo Matsushita defended the bank's prolonged easy monetary policy Wednesday as he responded to commonly asked questions and criticisms over its low interest rates.
JAPAN
Oct 31, 1997

Panel agrees on abolishing securities tax

A blue-ribbon subcommittee on revisions to the taxation system basically agreed Friday that securities transaction and brokerage taxes should be abolished, or at least reduced, beginning in fiscal 1998. The subcommittee is to draw up an interim report by the end of November for the general meeting of...
JAPAN
Oct 31, 1997

Japan, Spain agree on annual summit

Spain and Japan have agreed to hold an annual summit in a bid to strengthen their political dialogue, Spanish Prime Minister Jose Maria Aznar Lopez said Friday.
JAPAN
Oct 30, 1997

Muraoka shoves ministries toward deregulation

Chief Cabinet Secretary Kanezo Muraoka pressed 12 ministries Thursday to work harder to swiftly compile deregulatory measures to boost the economy.
JAPAN
Oct 30, 1997

Profits climb at JAL but dive at competitors

Japan Airlines posted sharp increases in profits and sales in April-September period of 1997 due to a favorable domestic market, while the two other major airlines reported profit drops, according to earnings reports released Thursday by the three carriers.
JAPAN
Oct 30, 1997

MMC chairman, president exit over scandal

Takemune Kimura, president of Mitsubishi Motors Corp., said Thursday that he and Chairman Hirokazu Nakamura will quit their posts to take the blame for the recent arrest of four MMC executives suspected of illegally paying off "sokaiya" corporate extortionists.
JAPAN
Oct 29, 1997

Massive Dow Jones rally sparks Nikkei rebound

The Tokyo Stock Exchange staged a strong rebound Wednesday amid ringing reports of a massive rally on Wall Street overnight.
JAPAN
Oct 28, 1997

Government continues push to eliminate racketeers

The government will continue calling on the private sector to cut all ties with "sokaiya" corporate extortionists, the Cabinet agreed Tuesday.
JAPAN
Oct 28, 1997

Transport chief regrets U.S. decision to collect shipping fines

Transport Minister Takao Fujii expressed strong regret Tuesday over the decision by the U.S. Federal Maritime Commission to collect fees from three Japanese shipping lines in retaliation for inefficient and costly harbor practices in Japan.
JAPAN
Oct 27, 1997

Improved consumption key to recovery, BOJ says

Improved consumption key to recovery, BOJ says> Economic growth has been slowing since April and business sentiment has weakened, but there are no signs of a sharp decline in corporate profits, employment and income conditions, the Bank of Japan said Oct. 27.
JAPAN
Oct 24, 1997

Act now to prevent chill from taking economy, Horiuchi warns

The business climate may get chilly unless the government acts decisively now, Mitsuo Horiuchi, minister of international trade and industry, warned Oct. 24."We're coming to a stage where we must promptly hammer out measures to brighten up the corporate mind and the sentiment of consumers," Horiuchi...
Taiwan stuns Samurai Japan to capture Premier12 title
Japan starter Shosei Togo reacts after allowing a three-run home run against Taiwan in the fifth inning of the Premier12 final on Sunday.
Ishiba shelves proposal for liaison offices with North Korea amid rising tensions
Prime Minister Shigeru Ishiba speaks on Saturday in Tokyo at a rally that was held by a group of families of Japanese citizens abducted by North Korea decades ago to demand the immediate return of all abductees.
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.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Japan beats Taiwan ahead of rematch in Premier12 final
Keita Sano celebrates with his teammates after scoring on Kotaro Kiyomiya's two-run triple against Taiwan during their Premier12 game at Tokyo Dome on Saturday.
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.
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.
Tokyo’s newest three-star chef wants ‘harmony across every detail’
British-born Daniel Calvert earned his third Michelin star last month — a stunning achievement considering his restaurant, Sezanne, has only been open for just over three years.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.

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

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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