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JAPAN
Jan 5, 1999

Century of Change: Job security feels tug of evolution

More than two decades ago — just as Japan was impressing the world by emerging from the first oil crisis with a leaner economy — Taichi Sakaiya, now head of the Economic Planning Agency, warned in a novel that the nation would face a midlife crisis before the turn of the century.
JAPAN
Dec 28, 1998

Fujita restructuring plan, default requests unveiled

Fujita Corp., a general contractor, unveiled a new five-year restructuring plan Monday and requested that six main creditor banks renounce a total of 120 billion yen in loans provided to the firm.
JAPAN
Dec 22, 1998

Fuji Heavy chief quits over defense project bribes

Fuji Heavy Industries Ltd. Chairman Isamu Kawai has resigned to take the blame for his alleged role in a bribery scandal over a defense project, the Tokyo-based company said Tuesday.
JAPAN
Nov 2, 1998

Mitsubishi Oil logs 2.8 billion yen loss

Major oil distributor and refiner Mitsubishi Oil Co. posted a 3.8 billion yen operating loss and 2.8 billion yen pretax loss for the April-September period, suffering from decreasing oil demand in the economic slump and dwindling prices of oil products, company officials said Monday.
JAPAN
Oct 30, 1998

Toyota unveils Altezza sedan

Toyota Motor Corp. unveiled its new 2-liter Altezza sports sedan Friday, the first car solely developed for Netz Toyota, the company's new dealership network launched in August, company officials said.In August, Toyota renamed Auto, one of its five major dealership networks, to Netz Toyota, aiming to...
JAPAN
Oct 23, 1998

NEC posts first midterm loss in five years

Struggling with the domestic economic slump and falling prices in the semiconductor market, NEC Corp. suffered a consolidated net mid-term earnings loss for the first time in five years, company officials said Friday.The net loss for the April-September period was 19.7 billion yen, with the operating...
JAPAN
Oct 8, 1998

Manufacturers in losing battle with lifetime employment

Staff writerFinancial institutions are not the only Japanese companies suffering from the moribund economy.Major electronics firms and automakers, which once basked in the strong growth of the famed Japanese economic miracle, have revised their projected earnings downward for the first half of the current...
JAPAN
Sep 28, 1998

Court awards eye patients 100 million yen

OSAKA -- The Osaka District Court on Monday ordered a company that owns a failed Osaka ophthalmic hospital to pay about 100 million yen to 16 patients who suffered eye damage from the hospital's laser surgery.
JAPAN
Sep 4, 1998

Nissan plans transmission firm in 1999

Nissan Motor Co. will establish a new automatic transmission manufacturing company in the summer of 1999, the company said Friday.
JAPAN
Sep 1, 1998

Three held in alleged toll card scam

Tokyo prosecutors Tuesday arrested three men, including a former executive of Japan Hica Co., affiliated with Japan Highway Public Corp., on suspicion of aggravated breach of trust in connection with about 5 billion yen in losses the company suffered, officials said.
JAPAN
Jul 13, 1998

Kiriyenko arrives for economic talks

Japanese and Russian leaders agreed Monday on the basic concept for a joint investment company that will be established in Moscow, Foreign Ministry officials said.
JAPAN
Jul 3, 1998

Info leak gets Osaka tax official axed

OSAKA -- The Osaka Regional Taxation Bureau discharged an official Friday for allegedly leaking secret investigation information to a construction company president about four years ago.
JAPAN
May 19, 1998

Bus passes help reduce fares, pollution

Staff writer
JAPAN
May 13, 1998

Mitsubishi Motors woos GM with GDI engine

Mitsubishi Motors Corp. said Wednesday that it may supply its environment-friendly gasoline direct-injection engine to General Motors Corp. of the United States.
JAPAN
May 8, 1998

Foreign insurers' success tied to spreading the word

Staff writer
JAPAN
May 7, 1998

New chief of Ford subsidiary looks to bring focus to dealers

Eiji Iwakuni, who on April 1 became the new president of Ford Motor Co. (Japan) Ltd., knows the carmaker did not hire him for his English-speaking ability.
JAPAN
May 6, 1998

Enterprise Spirit: Forval aims to become one-stop telecom shop

18th in a series of occasional articles on venture businesses
JAPAN
Apr 29, 1998

Asahi Juken allegedly enlisted other realtors for fraud

OSAKA -- Asahi Juken, a real estate company whose president and three other executives were arrested Tuesday on suspicion of defrauding 600 million yen from creditors, had other realtors mediate in its property deals and divert about 1 billion yen of their commission to its group companies, police sources...
JAPAN
Apr 28, 1998

Asahi Juken chief held in 600 million yen fraud

OSAKA -- The president and founder of Asahi Juken, an Osaka housing company, was arrested Tuesday in connection with an alleged conspiracy by the firm to defraud creditors out of 600 million yen.
JAPAN
Apr 28, 1998

Mitsubishi Oil fined 2.66 billion yen in taxes

Mitsubishi Oil Co. confirmed Tuesday that it has been ordered to pay 2.66 billion yen in additional taxes for deals it made with an Osaka oil broker who is now standing trial for income tax evasion.
JAPAN
Apr 22, 1998

Toza shuts down its Kansai schools

OSAKA -- Following the closure of the Toza Gaigo Gakuin chain of English-language schools in Tokyo, all classes in the Kansai region were halted Wednesday, it was learned the same day.
JAPAN
Mar 30, 1998

Mercedes-Benz to start up free support services

To attract more Japanese customers, Mercedes-Benz Japan Co., a subsidiary of Daimler-Benz AG in Germany, will introduce a new after-sales service program in April, the company said Monday.
JAPAN
Mar 27, 1998

MMC pushes back market-share target six years

KYOTO -- Mitsubishi Motors Corp. is set on obtaining a 15 percent share in the domestic market by 2006, not 2000 as originally targeted, MMC President Katsuhiko Kawasoe said March 27.
JAPAN
Mar 24, 1998

Former Yamaichi chiefs indicted for hiding debt

Former Yamaichi Securities Co. Chairman Tsugio Yukihira and Atsuo Miki, the firm's former president, were indicted Tuesday on charges of violating the Securities Transaction and Commercial Code by hiding about 270 billion yen in debts and still paying about 6 billion yen in dividends to shareholders,...
JAPAN
Mar 9, 1998

Bolts removed from electricity tower

HIROSHIMA -- Forty bolts anchoring a pylon for high-tension lines to a concrete base in Midori, Hiroshima Prefecture, were found to have been mysteriously removed in 1994 and 1995, the Chugoku Electric Power Co. announced March 9. Removed bolts led to a similar tower to fall last month in Kagawa Prefecture....
JAPAN
Feb 18, 1998

Toho Life, GE Capital join forces in new insurance venture

Financially ailing Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc. formally announced Wednesday that they will set up a new life insurance company in Japan.
JAPAN
Feb 6, 1998

Takashimaya section chief sold customer data for 500,000 yen

OSAKA -- A section chief of Takashimaya Co., Ltd., a leading department store chain operator, sold data on about 500,000 customers in July 1995 to a mail list dealer in Tokyo for 500,000 yen, company sources said Friday.
JAPAN
Dec 25, 1997

Packard Bell NEC to get additional support from parent

NEC Corp. announced Thursday that it will increase its support and control over Packard Bell NEC, Inc. in the United States by providing loans and sending an additional director from NEC.
JAPAN
Dec 9, 1997

Toyota selects France for home of second European plant

Toyota Motor Corp. on Tuesday announced its decision to build a new car plant in the northern French city of Valenciennes.
JAPAN
Dec 5, 1997

Ban lifted on financial holding companies

The Diet on Friday passed two bills that remove a five-decade ban on the use of financial holding companies.
Funeral held for Princess Yuriko at Tokyo cemetery
Crown Prince Akishino and Crown Princess Kiko, followed by Princess Aiko and Princess Kako, prepare to attend a funeral service for Princess Yuriko at Toshimagaoka Cemetery in Tokyo on Tuesday.
Japan investigating Amazon for allegedly bullying other businesses
Packages move along a conveyor belt at an Amazon warehouse
Trump team weighs direct talks with North Korea's Kim
Then-U.S. President Donald Trump meets with North Korean leader Kim Jong Un at the Demilitarized Zone separating the two Koreas, in Panmunjom, South Korea, in June 2019.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
Israel-Hezbollah cease-fire, brokered by U.S. and France, takes effect
People near Martyrs Square in Beirut watch as Israeli Prime Minister Benjamin Netanyahu announces a cease-fire on television on Tuesday.
‘What Divides Us’ producer honors grandfather’s Hiroshima reportage
“What Divides Us" producer Cannon Hersey says his grandfather, who wrote about the aftermath of nuclear destruction in Hiroshima, never spoke about what he had seen while working with Japanese minister Kiyoshi Tanimoto to preserve the stories of survivors.
DPP’s Tamaki leverages new position with energy proposal
DPP leader Yuichiro Tamaki in Tokyo on Tuesday
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
China defense minister being investigated for corruption, report says
Chinese Defense Minister Dong Jun attends the opening ceremony of the Xiangshan Forum at the Beijing International Convention Center on Sept. 13. Dong is the third consecutive incumbent or former defense chief to be probed over alleged corruption.
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.

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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