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JAPAN
May 20, 1997

Honda posts record net sales of 5.29 trillion yen

Backed by strong sales of its cars in Japan and major overseas markets, Honda Motor Co. posted record-high consolidated net sales of 5.29 trillion yen in the 1996 business year, up 24.5 percent from the previous year, the automaker announced May 20.
JAPAN
May 16, 1997

Forex decontrols kick off 'Big Bang'

The Diet enacted a law May 16 that ends the monopoly of banks in the foreign exchange business, allowing other companies and individuals to freely sell and buy foreign currencies and initiating the first of the "Big Bang" reforms.
JAPAN
May 16, 1997

SEC backs interim reform reports

Interim reports on deregulation of the securities industry -- including calls to further liberalize brokerage commissions beginning April 1, 1998 -- were approved May 16 by an advisory council subcommittee to the finance minister.
JAPAN
May 15, 1997

Japan finalizes plans for sweeping reform

The government on May 15 finalized a detailed program to revamp the nation's economic structure and maintain a leading position in the global market in the coming century.
JAPAN
May 15, 1997

Second-tier brokerages post dismal results

Low stock prices in the latter half of fiscal 1996 spelled dismal results for nine of the nation's 10 second-tier brokerages, almost all of which posted pretax losses for the year that ended in March, according to unconsolidated earnings reports released May 15.
JAPAN
Mar 19, 1997

Daiei head urges 'new' Kobe as global city

OSAKA -- Rather than compete with Osaka as a business center, Kobe should be rebuilt as a city that offers a pleasant living environment, and priority should be given to economic development of the bay area, according to Isao Nakauchi, chairman, president and CEO of Daiei Corp.
JAPAN
Mar 7, 1997

Kyoto cab firm offers Tokyo top-service taxis, discount fares

Neatly dressed in a uniform designed by Hanae Mori, Japan's leading fashion designer, an MK Taxi driver can make you feel like you are riding in a limousine. The driver will greet you as you climb aboard and, upon arrival at your destination, open the door for you, instead of relying on the automatic...
JAPAN
Mar 7, 1997

JAL predicts 20 billion yen pretax loss

Blaming a recent sharp rise in fuel prices, Japan Airlines on Mar. 7 revised its forecast and said it would post a pretax loss of 20 billion yen in the 1996 business year that ends this month.
JAPAN
Mar 7, 1997

Dai-ichi Kangyo expects to post first-ever pretax loss

Dai-ichi Kangyo Bank announced Mar. 7 that it will revise downward its earnings projections for the current business year and post its first-ever pretax losses to place greater priority on writing off its bad loans.
JAPAN
Feb 28, 1997

Israel seeking Japanese investment

Israel is seeking to strengthen industrial cooperation with Japan because economic stability will help push forward the Middle East peace process, Israeli Foreign Minister David Levy said in Tokyo on Feb. 28.
JAPAN
Jan 10, 1997

Mazda may drop minicar production

Mazda Motor Corp. hinted Jan. 10 that it may withdraw from the minicar development and production business because minicar standards are expected to change in October 1998.A Mazda spokesman did not deny media reports that the firm will stop production of its Carol minicar, although he said that it will...
JAPAN
Jan 3, 1997

Workforce selection, utilization said key to modern industrial success

When Skymark Airlines was established last November by a group of venture companies, including discount air ticket seller H.I.S. Co., people accustomed to more traditional ways of doing business were shocked by the new style the carrier introduced.They were amazed because nobody has dared to challenge...
JAPAN
Jan 2, 1997

Virtual idol Kyoko Date breaks new ground in cyberspace project

She sings and dances, favoring the style of teenage pop diva Namie Amuro. She's got what it takes to make it as an idol of today -- boyishly cute looks and a wardrobe of tight, satiny shirts and shorts.
Japan Times
BUSINESS / Companies
Jun 20, 2023

Japan's law firms look overseas as competition heats up at home

Tokyo’s law firms have sought to tap into markets with a high volume of Japanese businesses, but competition and image issues remain a challenge.
Japan Times
SOCCER / J. League
Jun 18, 2023

How Japan's top soccer league is striving to become a climate leader

As the league continues to grow, and as climate change wreaks havoc on operations, its quest to bring healthier lifestyles to the Japanese public has expanded into environmental issues.
Japan Times
LIFE / Food & Drink
Jun 18, 2023

Meet the YouTubers and streamers revamping Japan’s online culinary scene

A new crop of post-pandemic channels and streams are being helmed by innovative creators hoping to offer a fresh take on the country’s culinary content.
Japan Times
BUSINESS / Economy
Jun 14, 2023

China’s property tycoons remain in charge even as empires fall

To some observers, keeping the property magnates in charge ensures that their interests remain aligned with those of bondholders.
Japan Times
BUSINESS / Companies
Jun 7, 2023

AstraZeneca’s Japan partner to go solo on future cancer drugs

Daiichi Sankyo is expanding its sales and development staff overseas, aiming to boost production capacity so that it can handle its cancer drugs business entirely on its own.
Japan Times
CULTURE / Art / Longform
Jun 4, 2023

'Stakeout Diary': A killer on the run, two postwar gumshoes — noir at its finest

When a photographer was given rare permission to follow two detectives through Tokyo on a murder case, who’d have known he’d gather a legion of fans decades later.
Japan Times
LIFE / Travel
Jun 3, 2023

This company promises no waits at airport security, but can it take off?

Despite paying for pricey subscriptions, some airline passengers are hurrying up and waiting at security.
Japan Times
BUSINESS
May 31, 2023

Norway fund to reject all-male boards in Japanese firms

The fund already rejects nominations to boards for companies in Europe and North America that do not include at least two women.
Japan Times
GLOBAL MEDIA POST / Italy report 2023
May 31, 2023

How to thrive in the post-pandemic world

Ahead of this year’s summit held in Japan of the Group of Seven most industrialized economies, the Italian government headed by Prime Minister Giorgia Meloni has been preparing to take over the group’s rotating presidency with a firm commitment to further raise living standards around the world,...
Japan Times
The Netherlands report 2023
May 20, 2023

MOL Logistics Netherlands delivers progress and innovation

MOL Logistics (Netherlands) B.V. is a part of the MOL Logistics Group (MLG), headquartered in Japan. With 139 directly operated sites in 26 countries and 188 agencies in 51 countries, MOL Logistics provides comprehensive and high-value-added logistics services worldwide. MLG is part of Mitsui O.S.K....
Japan Times
Special Supplements / Hiroshima G7 Summit Special
May 19, 2023

Collaborative research efforts pave way for peace-based educational outlook

Hiroshima University was founded in 1949 in the first city in the world to suffer an atomic bombing. In the spirit of pursuing peace, HU’s mission is to contribute to the well-being of humankind by realizing a free and peaceful international society.
Japan Times
COMMENTARY / Japan
May 18, 2023

How Japanese media companies enabled Johnny’s abuse

The power dynamics of Japan's entertainment and media industries ultimately meant that accusations of sexual abuse were not investigated.
Japan Times
JAPAN / History / Longform
May 15, 2023

Rebuilding a community: Hiroshima after the bomb

In the decades since World War II ended, the city has undergone significant material and demographic changes — yet some still remember the old streets.
Japan Times
BUSINESS
May 15, 2023

Rakuten plans to raise around $2.2 billion via new share issue

The deal would mark the latest move by the company, which has already been selling assets and moving to list group units, to raise cash after years of losses.
Japan Times
ASIA PACIFIC
May 10, 2023

Hong Kong wants more tourists, but mostly ‘good quality’ ones, please

The return to Hong Kong of budget tour groups from mainland China is sparking frustrations, and a dose of snobbery, in a city starved for business.

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