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JAPAN
Jul 1, 1998

Sony preparing to enter nonlife insurance market

Sony Corp. plans to enter the nonlife insurance business in the latter half of 1999, the firm said Wednesday.
JAPAN
Jul 1, 1998

Toyota hints at expansion into finance

Hiroshi Okuda, president of Toyota Motors Corp., hinted Wednesday at a possible expansion by the Toyota group into the financial sector, while strengthening bonds with other companies within the group.
JAPAN
Jun 30, 1998

KDD begins domestic 001 calling service

KDD began full-fledged domestic calling services today, offering inexpensive connections to anywhere in Japan for those who dial 001 before placing calls from NTT subscriber telephones.
JAPAN
Jun 26, 1998

Kinki Nippon to post net loss of 7.8 billion yen

Due to sharp drops in the number of tourists and in tour prices -- as well as canceled tours for the World Cup games in France -- Kinki Nippon Tourist Co. announced Friday it will post a net loss of 7.8 billion yen for the current business year.
JAPAN
Jun 25, 1998

Tokio Marine stamped with AAA financial rating

Standard & Poor's, a private credit rating agency, assigned an AAA financial strength rating to Tokio Marine Life Insurance Co. Thursday, giving it the highest rating for a domestic life insurance firm.
JAPAN
Jun 25, 1998

Firms decide to get jump on shareholders' meetings

Shareholder meetings were held at 148 companies across the country Thursday, a day earlier than those held by many major businesses.
JAPAN
Jun 22, 1998

U.S. demands fair chance to bid for Kansai airport work

Staff writer
JAPAN
Jun 22, 1998

Mitsui Marine to offer quake insurance deal

Mitsui Marine and Fire Insurance Co. will begin offering from July an earthquake insurance policy that would return 20 percent of the premium paid if no claims were paid during the period insured, company officials said Monday.
JAPAN
Jun 19, 1998

German East Asiatic Society opens new center in Kobe

KOBE -- The Kobe center of the Deutsche Gesellschaft fur Naturund Volkenkunde Ostasiens, or German East Asiatic Society (OAG), opened Friday in Higashi-Nada Ward here at the former residence of a long-term German resident who donated his property to the organization.
JAPAN
Jun 15, 1998

New Pajero rolls into the market

The latest model in the popular Pajero series, the Pajero iO, hit the market Monday.
JAPAN
Jun 15, 1998

Soccer fanatics praise Japan's vibrant cheering section

Staff writer
JAPAN
Jun 11, 1998

Insurance market has U.S. anxious

The United States expressed concern over the progress of Japan's deregulation of its insurance market, during a high-level bilateral meeting Thursday in Tokyo.
JAPAN
Jun 9, 1998

Koreans fight eviction from Utoro homes

OSAKA -- Twelve Korean families facing eviction from the former wartime squatters community of Utoro in Uji, Kyoto Prefecture, claimed Tuesday in their first oral appeal hearing that the real estate company that now owns the land should acknowledge their residential rights.
JAPAN
Jun 9, 1998

Flight crew unions back ANA pilots in ongoing wage feud

The Japan Federation of Flight Crew Unions issued a statement Tuesday supporting the crew union of All Nippon Airways in its ongoing dispute with management.
JAPAN
Jun 9, 1998

Ford not raising stake in Mazda yet, Miller says

The president of Mazda Motor Corp. on Tuesday denied media reports that Ford Motor Co. plans to increase its equity stake in the Japanese automaker.
JAPAN
Jun 9, 1998

Endocrine disrupters catch attention of academia

Experts from a number of fields related to endocrine disrupters set up an academic society Tuesday in Tokyo to help the nation combat the chemical substances whose effects on humans remain unknown.
JAPAN
Jun 9, 1998

Mazda launches new Familia

Mazda Motor Corp. on Tuesday launched a fully redesigned Familia model on the Japanese market.
JAPAN
Jun 4, 1998

English poets can conquer traditional tanka form, too

Responding to the growing popularity of Japanese poetry overseas, Tokyo publishing company Hoshi to Mori Co. is sponsoring an international poetry contest featuring tanka, a traditional form of verse dating back to the seventh century.
JAPAN
Jun 2, 1998

High-fashion bikes hit the streets of Harajuku

In the heart of Tokyo's Harajuku, the nation's fashion capital, Yuumi Mizunaga has opened a shop she hopes will win over the area's young trendsetters.
JAPAN
Jun 2, 1998

Travelers Group to acquire 25% stake in Nikko Securities

Nikko Securities Co. and U.S. financial conglomerate Travelers Group Inc. plan to forge an alliance that will result in Travelers' acquiring a 25 percent stake in Japan's third-largest brokerage.
JAPAN
May 28, 1998

Automakers suffered at home in '97

Japan's five major automakers suffered domestically during the 1997 business year, which ended March 31, but three managed to boost profits on increased sales abroad.
JAPAN
May 28, 1998

'Jusen' responsibility judgement coming up

A final decision on whether two banks must take responsibility and face legal action for introducing clients to seven failed mortgage lenders will be made next month, the head of a loan reclaiming body said Thursday.
JAPAN
May 27, 1998

Toyota to raise stakes in Daihatsu, Hino Motors

Toyota Motor Corp. hopes to eventually increase its equity stakes in its affiliated Daihatsu Motor Co. and Hino Motors Ltd. to over 50 percent to strengthen the Toyota group's consolidation, Toyota President Hiroshi Okuda said Wednesday.
JAPAN
May 27, 1998

Suzuki, Opel to join forces on new passenger car

Suzuki Motor Co. announced Wednesday that it will jointly develop a small passenger car with Adam Opel AG, a subsidiary of General Motors Corp., and start producing the model in 2000.
JAPAN
May 27, 1998

Nissan posts 14 billion yen net loss

Nissan Motor Co. on Wednesday reported a consolidated net loss of 14 billion yen in the year that ended March 31.
JAPAN
May 22, 1998

Osaka Gov. Yokoyama faces another big pay cut

OSAKA -- Osaka Gov. "Knock" Yokoyama may be taking home a salary of just 150,000 yen for June, one-tenth of his regular monthly pay, after voluntarily accepting his third wage cut since last year to take responsibility for scandals and other problems surrounding his administration.
JAPAN
May 21, 1998

Nonlife insurers post decline in revenues for '97

The combined annual premium revenue at the nation's five major nonlife insurance firms, for fiscal 1997, registered a year-on-year decline for the first time in the postwar era, earnings reports released Thursday showed.
JAPAN
May 21, 1998

Senior defense officials found moonlighting at costly supplier

Nine senior defense officials, including high-ranking uniformed officers, in the past decade became executives of a defense supplier that was allegedly involved in a bill-padding scandal that surfaced in September, Defense Agency Secretariat Yasuhiro Ogoshi said Thursday.
JAPAN
May 21, 1998

Daihatsu posts 7.5% rise in profit

Daihatsu Motor Co. announced Thursday that its unconsolidated net profit increased 7.5 percent over the previous year to 6.8 billion yen for the 1997 business year.
JAPAN
May 21, 1998

Businesses unsure about Indonesia's new future

and SAYURI DAIMON

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?