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November 25, 2024
 

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JAPAN
Sep 12, 1997

U.S. urges Japan to take market-opening steps

The United States renewed calls on Japan to eliminate the Large-Scale Retail Store Law and other obstacles blocking the penetration of foreign products into the Japanese market, Japanese government officials said Sept. 12.
JAPAN
Sep 10, 1997

Police officer admits taking bribes

OSAKA -- A police officer pleaded guilty Sept. 10 to charges of accepting 8.2 million yen for leaking information to a man at the center of a fraud investigation, letting him know when detectives would be following him.
JAPAN
Sep 9, 1997

Nonmanufacturers see fall in sales, profits for quarter

Sales for nonmanufacturing firms fell 1 percent in the April-June quarter from the same period last year, while current profits dropped 4.9 percent, according to the results of a quarterly Finance Ministry survey released Sept. 9.
JAPAN
Sep 8, 1997

Nisshin Steel forms holding firm

Nisshin Steel Co. on Sept. 8 announced the formation of a holding company for its U.S. subsidiary in New York last Sept. 2 to prepare for the expansion of U.S. business in the future.
JAPAN
Sep 5, 1997

Mitsuzuka unfazed by rising surplus

Finance Minister Hiroshi Mitsuzuka reiterated Friday that the nation's current account surplus will not mark any significant increase in the long term.
JAPAN
Sep 5, 1997

Legal war on 'sokaiya' planned

The government has decided on a set of legal measures to root out "sokaiya" corporate racketeers and to have stricter penalties imposed against them, officials said Friday.
JAPAN
Sep 5, 1997

Shippers to suffer if sanctions prolonged

The U.S. enforcement of sanctions against three shipping lines Thursday comes amid growing signs of renewed economic friction between the two nations. If prolonged, it would be a serious blow to the firms, but damage to the overall Japanese economy is expected to be minimal.
JAPAN
Sep 3, 1997

Tourists prefer bayside boondoggle to Disney

Emerging as one of most popular tourist spots in Tokyo, the waterfront development area along Tokyo Bay attracted 3.31 million visitors during this year's summer holiday season, exceeding the number of people who visited Tokyo Disneyland in Chiba Prefecture.
JAPAN
Sep 3, 1997

Execs, teachers to offer the shy a chance to shine

Business executives and academic leaders announced Sept. 3 the launch of a unique foundation with the aim of teaching bashful Japanese individuals how to effectively express themselves.
JAPAN
Sep 3, 1997

ASEM aims to bolster regional investment

Staff writer
JAPAN
Sep 1, 1997

Japan, Chile agree on extending aid, promoting ties

Chilean President Eduardo Frei Ruiz-Tagle and Prime Minister Ryutaro Hashimoto agreed Sept. 1 to cooperate in promoting economic aid to third countries in Central America and the Caribbean, Foreign Ministry officials said.
JAPAN
Aug 26, 1997

Aum regaining strength, surveillance operation reveals

Aum Shinrikyo has regained its organizational strength and expanded its activities since it was spared disbandment in January under the Antisubversive Activities Law, the Public Security Investigation Agency said August 26.
JAPAN
Aug 25, 1997

Netanyahu woos Japan's high-tech sector

Stressing Israel's status in high-technology manufacturing, Prime Minister Benjamin Netanyahu on August 25 called on Japanese firms to take part in joint-venture projects.
JAPAN
Aug 22, 1997

Division of posts ministry proposed by reform council

The Administrative Reform Council has proposed privatizing the life insurance business operated by the Posts and Telecommunications Ministry and placing two of its other major operations -- postal savings and delivery -- under a new governmental agency.
JAPAN
Aug 21, 1997

Panel gives glimpse of next government

The government's blue-ribbon panel on administrative reform concluded Aug. 21 that the government should be revamped into a Cabinet Office, 10 ministries and two agencies by January 2001.
JAPAN
Aug 20, 1997

Japan, China to discuss issues of WTO and tariffs

Japan and China will hold a fresh round of negotiations in Tokyo next week on Beijing's admission to the World Trade Organization, government officials said Aug. 20.
JAPAN
Aug 18, 1997

Prime minister, Cabinet urged to have more clout

The authority of the prime minister and the functions of the Cabinet should be strengthened, the 13 members of the Administrative Reform Council, headed by Prime Minister Ryutaro Hashimoto, agreed Aug. 18.
JAPAN
Aug 14, 1997

Yamaichi employee dies after street stabbing

An employee of Yamaichi Securities Co. was stabbed in the stomach on a Tokyo street late Aug. 14. He was rushed to a hospital but died soon afterward from loss of blood, police said. The man, identified by business cards found on the body, was 57-year-old Koichiro Tarutani, chief of the securities company's...
JAPAN
Aug 8, 1997

Forest reform panel suggests firing, privatization,

The ruling Liberal Democratic Party's working groups on forestry decided on a fundamental reform plan to streamline state-owned forestry operations on August 8, calling for a two-thirds reduction in the number of workers, to 5,000.
JAPAN
Aug 5, 1997

DKB, Nomura penalties take effect today

Administrative penalties against Dai-Ichi Kangyo Bank and Nomura Securities Co. for their payoffs to a "sokaiya" corporate extortionist take effect August 6.
JAPAN
Jul 31, 1997

Business group suggests simpler taxes to spur land sales

The nation's land-related taxes should be simplified to spur sluggish real estate sales, the Japan Association of Corporate Executives (Keizai Doyukai) said July 31.
JAPAN
Jul 31, 1997

Ministry outlines securities, cash account deregulations

The Finance Ministry on July 31 outlined a package of securities-related deregulation measures that includes lifting a ban on cash management accounts and allowing investment trusts to be sold at banks.
JAPAN
Jul 31, 1997

Homes of top Yamaichi execs raided

Investigators carried out a raid on the homes of the chairman and the president of Yamaichi Securities Co. in Tokyo on July 31 over the alleged payoffs by the brokerage to a corporate racketeer.
JAPAN
Jul 31, 1997

Fujitsu looks to take over U.S. mainframe-maker Amdahl

Fujitsu Ltd. announced July 31 it will try to purchase all shares of Amdahl stock it does not yet own at $12 per share through an open takeover bid, with the total purchase price expected to be $850 million, pursuant to its definitive merger agreement.
JAPAN
Jul 30, 1997

Analysis: Bank's penalty an attempt to assuage public

Finance Ministry's decision July 30 to order Dai-Ichi Kangyo Bank to refrain from extending loans to new customers until the end of the calendar year was an attempt to show that it is seriously trying to tackle wrongdoing in the financial markets.
JAPAN
Jul 30, 1997

Nomura, DKB hit with harsh penalties

The Finance Ministry slapped administrative penalties July 30 on Nomura Securities Co. and Dai-Ichi Kangyo Bank lasting from five months to a year for their roles in one of the biggest financial scandals to hit the nation this decade.
JAPAN
Jul 30, 1997

DKB president accepts fate

Dai-Ichi Kangyo Bank President Katsuyuki Sugita said July 30 his bank solemnly accepts the administrative punishment meted out for its payoffs and dubious loans to a "sokaiya" racketeer.
JAPAN
Jul 29, 1997

Japan-America Student Conference kicks off in Kyoto

KYOTO -- The 49th Japan-America Student Conference kicked off late July 28 at the Kyoto International Conference Hall, and this time instead of focusing on bilateral relations, participants are looking at changes in the Asia-Pacific community.
JAPAN
Jul 25, 1997

Seven-Eleven savors largest income

Seven-Eleven Japan Co. recorded the largest corporate income during the year that ended in February, staying at the top of the list for the fourth year in a row, a private research company said July 25.
JAPAN
Jul 23, 1997

U.S. denounces film market survey

The United States denounced Japan's Fair Trade Commission on July 23 following the release of a survey that found no illegal business practices by Fuji Photo Film Co. in the Japanese market.
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

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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