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November 25, 2024
 

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JAPAN
Jun 5, 1997

Sales of imported autos drop further

Sales of imported vehicles in May fell 27 percent from a year ago to 22,919 units, due in part to April's consumption tax increase to 5 percent from 3 percent, the Japan Automobile Importers' Association said June 5.
JAPAN
Jun 4, 1997

Indian ambassador proud of reform successes

India's economic reforms launched six years ago have made smooth progress and are producing satisfactory results despite a few changes of government in the past year, new Indian Ambassador Siddharth Singh said June 4.
JAPAN
Jun 3, 1997

Chairman of Matsushita becomes Sir Matsushita

OSAKA -- Masaharu Matsushita, chairman of Matsushita Electric Industrial Co., was appointed June 3 a Knight Commander of the Most Excellent Order of the British Empire for his contributions toward strengthening bilateral ties in business and other areas.
JAPAN
Jun 2, 1997

Kankeiren woos NTT headquarter move to Osaka

OSAKA -- Yasuo Shingu, chairman of the Kansai Economic Federation (Kankeiren), June 2 expressed hope that Nippon Telegraph and Telephone Corp. will set up its western regional headquarters in Osaka after its expected breakup.
JAPAN
May 30, 1997

Education council airs reform plan

Respect for a student's individuality will be the key to reforming school education in Japan -- known for its uniformity and conformity -- for the 21st century, an advisory panel to the education minister said May 30.
JAPAN
May 26, 1997

'Kaiware' farmers sue state over reported link to E. coli

OSAKA -- The Osaka District Court opened hearings May 26 in a 53 million yen compensation suit filed by farmers in Habikino, Osaka Prefecture, over a state announcement that linked "kaiware" daikon sprouts from their farm to the O-157 E. coli epidemic last summer.
JAPAN
May 23, 1997

McGill University to offer MBA program

In association with Sophia University, a Canadian university will launch the first foreign graduate degree program in Japan in July of next year, officials announced May 23.
JAPAN
May 23, 1997

Survey of foreigners leaves Tokyo officials amazed

The Tokyo Metropolitan Government unveiled May 23 the results of its first comprehensive poll on living conditions for foreign residents in Tokyo, which it says is one of the largest ever conducted on foreigners in Japan.
JAPAN
May 23, 1997

JR Tokai's net profit jumps 34.7%

Central Japan Railway Co. said May 23 that it posted a pretax profit of 66.3 billion yen in the 1996 business year, up 6.1 percent from the previous year, on operating revenues of 1.15 trillion yen.
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 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 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 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 9, 1997

Tepco promises rate cuts next year

Tokyo Electric Power Co. will reduce electricity rates early next year as a result of the utility's progress in streamlining management, Tepco President Hiroshi Araki told a news conference May 9.
JAPAN
May 8, 1997

Religious group Ho-no-Hana failed to report income

A controversial religious group in Shizuoka Prefecture has failed to report some 4.7 billion yen in income, tax officials said May 8.
JAPAN
May 8, 1997

Banks must gear up for the Asian economic era

Asia, with its huge thirst for capital and infrastructure investment, will be an area of increasing importance for Japanese financial institutions in the years ahead, according to the chairman of Fuji Bank.
JAPAN
Apr 30, 1997

Hokkaido officials return taxpayers' money

Officials at the Hokkaido Prefectural Government on April 30 refunded a total of 180 million yen, including interest, to the government's finance office.
JAPAN
Apr 28, 1997

Vehicle exports post first rise in five years

Exports of passenger cars, trucks and buses increased 6.2 percent to 3.85 million units in the 1996 business year from the previous year, marking the first increase in five years, the Japan Automobile Manufacturers Association reported April 28.
JAPAN
Apr 25, 1997

NCB, Bankers Trust formally announce tieup

Nippon Credit Bank and Bankers Trust Company formally announced April 25 their agreement to collaborate on securitization of transactions and overseas financial business operations and to hold shares in each other.
JAPAN
Apr 25, 1997

Top strategist leaves Nomura

Nomura Securities Co.'s chief strategist, Atsushi Mizuno, will resign at the end of the month to take a similar position with the Tokyo operation of Deutsche Morgan Grenfell Capital Markets Ltd. on May 1, company sources said April 25.
JAPAN
Apr 25, 1997

Daiwa and Nikko post net losses

Daiwa Securities Co. and Nikko Securities Co., two of the nation's Big Four brokerage firms, on April 25 both reported net losses for the business year that ended March 31 due to the cost of bailing out their troubled affiliates.
JAPAN
Apr 23, 1997

Ministry considers punishment for Nomura

The Finance Ministry has begun studying details of the punishment to be imposed on Nomura Securities Co. over its shady stock deals and payments to a firm linked to a "sokaiya" corporate extortionist, according to ministry officials.
JAPAN
Apr 22, 1997

Scandal forces Nomura to reshuffle management

Nomura Securities Co. said April 22 that Managing Director Junichi Ujiie will assume its presidency May 1 in place of Masashi Suzuki. The move is aimed at improving the brokerage's public image in the wake of a scandal involving shady stock deals and payments to a firm linked to a "sokaiya" corporate...
JAPAN
Apr 21, 1997

New Vietnamese consul arrives to push Osaka trade

OSAKA -- Le Ngoc Thu, consul general for Vietnam in Osaka, said here April 21 the new consulate general will work to promote trade between Vietnam and Osaka Prefecture.
JAPAN
Apr 21, 1997

Ribbon cut to inaugurate Kansai patent center

OSAKA -- Local government and business leaders from the Kansai region gathered April 21 to officially inaugurate the area's largest depository of domestic and international patent information.
JAPAN
Apr 17, 1997

JAMA says industry will not boost exports

Japan's auto industry has no intention of increasing exports to take advantage of the yen's recent fall against the dollar, the head of the Japan Automobile Manufacturers Association said April 17.
JAPAN
Apr 16, 1997

Upper House eatery holding to pre-hike prices

Upper House members do not like the consumption tax. This may be why the chamber's restaurant has kept prices to what they were at before the levy was hiked to 5 percent on April 1.
JAPAN
Apr 16, 1997

Criminal charges sought against PNC, officials

The Science and Technology Agency has asked police to take criminal action against Power Reactor and Nuclear Fuel Development Corp. and some PNC officers over a series of accidents and ensuing coverup attempts at its atomic facilities, agency chief Riichiro Chikaoka said April 16.
JAPAN
Apr 15, 1997

Osaka, Northeast England business chambers link

OSAKA -- The Osaka Chamber of Commerce and Industry and Britain's North East Chamber of Commerce, Trade and Industry on April 15 signed a joint statement to strengthen cooperation in facilitating trade and investment, as well as to develop links between universities in the regions.
JAPAN
Apr 11, 1997

JR Tokai seeks exchange listings

Central Japan Railway Co. (JR Tokai) filed a provisional application Friday to list its shares on the Tokyo, Nagoya, Osaka and Kyoto stock exchanges, according to JR Tokai officials. JR Tokai, one of seven Japan Railway group companies created when Japanese National Railways was privatized in 1987, plans...
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.
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.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.

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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