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JAPAN
Sep 11, 1997

MMC affiliate in Taiwan unveils sport-utility wagon

Staff writer
JAPAN
Sep 10, 1997

Grounds of Universal site filled with excessive chemicals

Staff writer
JAPAN
Sep 9, 1997

U.S. beef industry gives reassurances to Japan

Faced with a recent E. coli outbreak allegedly caused by tainted beef, top executives of the U.S. Meat Export Federation and red meat industry reaffirmed their commitment to the Japanese market Sept. 9, expressing optimism about American beef sales this year.
JAPAN
Sep 9, 1997

Native materials may be future key to sustainable growth

Staff writer
JAPAN
Sep 8, 1997

Hongkong Bank poised to play

Sixth in an occasional series on the Big Bang financial reforms
JAPAN
Sep 2, 1997

Variable-rate auto insurance arrives today

The Japanese branch of American Home Assurance Company on Sept. 2 begins mail-order sales of differentiated-rate auto insurance, the first of its kind in Japan.
JAPAN
Aug 29, 1997

Prudential prepared to tailor-make new products

Fifth in an occasional series on the Big Bang financial reforms
JAPAN
Aug 29, 1997

Kansai police braced for gang war

OSAKA -- More than 3,200 Hyogo and Osaka police officers are on alert after the boss of a powerful gang was gunned down late August 28 in a Kobe coffee shop.
JAPAN
Aug 28, 1997

ORIX unveils 'cheap' insurance

ORIX Life Insurance Corp. will introduce Sept. 1 what it calls "unprecedented cheap" life insurance products available only through mail order, the firm announced August 28.
JAPAN
Aug 26, 1997

Firm aims at Japan market for new-style entertainment

New types of entertainment facilities that are family-oriented and regionally based are suitable for the Japanese market and will grow in the future, the head of Orlando-based ITEC Productions, said August 26.
JAPAN
Aug 21, 1997

PCBs at park site not Universal Studios theme

Staff writer
JAPAN
Aug 21, 1997

Osaka monorail extension opens

KADOMA, Osaka Pref.-- A 7.9-km extension of the Osaka Monorail Line linking Minami Ibaraki and Kadoma opens today.
JAPAN
Aug 15, 1997

Rain fails to dampen turnout at Yasukuni

Despite intermittent rain, thousands of war veterans and relatives of Japan's war dead visited Tokyo's Yasukuni Shrine on Friday, the 52nd anniversary of Japan's surrender at the end of World War II, to pay tribute to those who lost their lives in war.
JAPAN
Aug 12, 1997

Nation takes to speedy, on-line, hassle-free transactions

Staff writer
JAPAN
Aug 6, 1997

Police seize more counterfeit $100 bills

Police in Tokyo said August 6 that they have recently confiscated 500 false $100 bills that are believed to have been produced outside Japan.
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
Aug 4, 1997

Alleged extortion try at DKB ends in arrest

A 70-year-old publisher was arrested August 4 for allegedly attempting to extort cash from Dai-Ichi Kangyo Bank after it canceled all subscriptions to magazines and other publications -- common sources of income for "sokaiya" corporate extortionists, police said.
JAPAN
Aug 1, 1997

Ex-mayor is sentenced to two years for bribes

Sanyu Ishii, who stepped down last year as mayor of the Tokyo suburb of Komae after incurring huge gambling debts, was sentenced August 1 to two years in prison and fined 4 million yen for accepting bribes from local construction firms.
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

Analysis: Nomura should weather sanctions nicely

The administrative penalty imposed July 30 on Nomura Securities Co. by the Finance Ministry over payoffs to a corporate extortionist will certainly hurt the nation's leading brokerage, but the pain may not last for very long.
JAPAN
Jul 24, 1997

Hatchet-wielding man injures two in Osaka

OSAKA -- A man struck two passersby with a hatchet early July 24 in a park in Higashi-Osaka, Osaka Prefecture, inflicting serious injuries, police said.
JAPAN
Jul 24, 1997

Koike got illegal payoffs, Nomura president admits

Nomura Securities Co. gave illegal payoffs of roughly 370 million yen to a "sokaiya" corporate extortionist as a token of gratitude for his refraining from disturbing its general shareholders' meeting in 1995, the president of the brokerage acknowledged July 24 at an open Finance Ministry hearing.
JAPAN
Jul 23, 1997

FTC finds no illegalities with Fuji Film practices

After 15 months of investigation, the Fair Trade Commission concluded July 23 that it sees nothing illegal with Fuji Photo Film's business practices, effectively turning down Washington's calls for stricter implementation of the Antimonopoly Law.
JAPAN
Jul 22, 1997

Refinery staff may have been exposed to gas

AKITA -- Seven refinery workers have reportedly been hospitalized with symptoms indicative of severe colds, but according to the Akita Labor Standards Inspection Office, the workers are suffering from gas poisoning stemming from exposure to sulfuric compounds.
JAPAN
Jul 18, 1997

Business leaders say Japanese-style management outdated

KARUIZAWA, Nagano Pref. -- Japanese-style management must undergo reform to place more focus on shareholders and establish effective corporate governance, according to business leaders at the 12th summer seminar of the Japanese Association of Corporate Executives (Keizai Doyukai).
JAPAN
Jul 18, 1997

Imported corn is from China, not North Korea

The government has discovered that the corn unloaded from a North Korean freighter at Aomori port was produced in China, Chief Cabinet Secretary Seiroku Kajiyama said July 18.
JAPAN
Jul 18, 1997

Insurance group won't push failed firm on dealings

The new chairman of the Life Insurance Association of Japan said July 18 that the group will only question the responsibility of the former management of insolvent Nissan Mutual Life Insurance Co. if a legal violation is uncovered.
JAPAN
Jul 15, 1997

Nomura facing stiff punishment

The Securities and Exchange Surveillance Commission on July 15 issued a recommendation to the finance minister to take punitive action against Nomura Securities Co. and four former Nomura executives for making illegal paybacks to a "sokaiya" corporate racketeer.

Longform

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