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JAPAN
Oct 30, 1998

Global satellite phone systems prepare to power up

Staff writerA new global satellite phone system that promises to release users from the fetters of conventional, bulky and cumbersome mobile phones currently in use begins service Sunday amid mixed expectations regarding its success.Nippon Iridium Corp.'s new Iridium service will provide customers with...
JAPAN
Oct 29, 1998

LDP tax panel prepares to dig up more tax cuts

A tax panel of the Liberal Democratic Party is set to begin work to overhaul the nation's tax system in an attempt to help generate lasting economic growth.Attention is focused on how much more the LDP's Tax System Research Commission, chaired by former Finance Minister Yoshiro Hayashi, can add to planned...
JAPAN
Oct 27, 1998

Tax panel debates deduction of housing loan interest

The government Tax Commission on Tuesday debated the idea of deducting housing loan interest.At a general meeting of the advisory panel to the prime minister, six of some 30 panel members voiced pros and cons about the idea while broadly discussing tax reductions to stimulate the moribund economy as...
JAPAN
Oct 27, 1998

Asahi Breweries assessed 700 million yen tax penalty

The Tokyo Taxation Bureau imposed about 700 million yen in penalties and back taxes last year on Asahi Breweries Ltd. for its failure to declare 1.69 billion yen in income transferred to an overseas finance subsidiary over five years through 1995, industry sources said Tuesday.But the Tokyo-based major...
JAPAN
Oct 27, 1998

Seafood exec held over tainted salmon roe sales

SAPPORO -- The former president of a fish processing firm in Hokkaido was arrested Tuesday on suspicion of having knowingly sold salmon roe tainted with E. coli bacteria, which sickened dozens of people nationwide, police officials said.The arrest reportedly marks the first time a food company manager...
JAPAN
Oct 27, 1998

FSA to spell out bank funding law to bankers

The Financial Supervisory Agency will meet with representatives from 18 major banks today to explain the newly enacted bank recapitalization law, a senior agency official said Tuesday.The briefing is intended to encourage banks to voluntarily apply for capital injection of public funds under the new...
JAPAN
Oct 27, 1998

Toshiba, Hitachi report huge midterm losses

Plagued by the prolonged economic slump and falling semiconductor prices worldwide, electronics giants Toshiba Corp. and Hitachi Ltd. on Tuesday reported their first midterm net losses in decades.And they were huge. Hitachi Ltd. posted an unconsolidated net loss of 124.7 billion yen -- the first midterm...
JAPAN
Oct 26, 1998

Software exports cut by half in '97

Computer software exports in 1997 tumbled to roughly half of the previous year's levels, due mainly to the Asian economic crisis, a joint survey released Monday by four industry associations in Japan and the U.S. indicated.Exports totaled 2.8 billion yen, while imports increased by 20.7 percent to hit...
JAPAN
Oct 23, 1998

Faltering Ford charts new recovery path

Struggling to gain a foothold in Japan, senior officials of Ford Motor's Japanese subsidiary next week will begin visiting affiliated auto dealers across the country.
JAPAN
Oct 23, 1998

Miyazawa sanguine on Long-Term credit debacle

Following the government's decision to temporarily place the Long-Term Credit Bank of Japan under state control, Finance Minister Kiichi Miyazawa said Friday that the bank's depositors and clients do not have to worry about its imminent takeover.Speaking at a news conference, he said all depositors'...
JAPAN
Oct 23, 1998

'93 Rodong may have flown over Japan, agency admits

The Defense Agency has been informed by U.S. sources that the Rodong missile North Korea test fired in May 1993 might have flown over Japan, Defense Agency chief Fukushiro Nukaga said Friday.The single-stage missile possibly flew some 1,300 km and landed in the Pacific, Nukaga quoted the U.S. sources...
JAPAN
Oct 23, 1998

Death sentence 'a matter of course,' court says

Staff writerFriday's ruling that sentenced to death former Aum Shinrikyo senior figure Kazuaki Okazaki is widely viewed by legal experts as "a matter of course," considering the heinous nature of the crimes.Explaining the reasons for capital punishment, presiding Judge Megumi Yamamuro at the Tokyo District...
JAPAN
Oct 23, 1998

Okazaki calls demand for death unfair

Kazuaki Okazaki, a former Aum Shinrikyo figure sentenced to death Friday, showed little emotion in court during the near hour it took the judge to read out his ruling. Sitting motionless with his hands on his knees and tilting his head down, he looked as if he was in deep meditation.But letters Okazaki...
JAPAN
Oct 22, 1998

ANA changes course for Star Alliance

In an effort to pull in business class customers for its international routes, All Nippon Airways Co. will join the Star Alliance, a multilateral strategic linkup of international carriers, next October, ANA officials said Thursday.The alliance is made up of Air Canada, Lufthansa German Airlines, Scandinavian...
JAPAN
Oct 22, 1998

Obuchi pledges economic recovery drive

Prime Minister Keizo Obuchi renewed his pledge Thursday to put the economy on a recovery path within two years and stressed that the government will do all it can do to achieve that goal.In a speech at a Tokyo hotel, Obuchi reiterated that the government will swiftly compile a third supplementary budget...
JAPAN
Oct 21, 1998

JNR Settlements' era ends without a bang

JNR Settlements Corp.'s 11-year history ended at midnight Wednesday as new laws to more effectively dispose of 28.3 trillion yen in debt left behind by the defunct Japanese National Railways took effect.The semigovernmental body was created in 1987 to tame debt of 22.6 trillion yen accumulated by JNR,...
JAPAN
Oct 21, 1998

R.I. Japan volunteers card sales for refugees

R.I. Japan, a Tokyo volunteer organization assisting refugees in countries that include Rwanda and Myanmar, is again selling Christmas cards to raise funds, an activity it has been engaged in since 1980.The organization is selling seven types of Christmas cards, including those bearing copies of paintings...
JAPAN
Oct 21, 1998

Annan hears Obuchi action program pledge

Japan will assist Africa by implementing the action program adopted at the second Tokyo International Conference on African Development (TICAD-II), Prime Minister Keizo Obuchi told U.N. Secretary General Kofi Annan Wednesday, according to Foreign Ministry officials.Obuchi told Annan, a participant in...
JAPAN
Oct 21, 1998

DDI begins international telecom service

DDI Corp., the country's second-largest telecommunications carrier, will launch an international telephone service today, and its low-rate approach is expected to intensify price competition among carriers.DDI, which offers international service to 235 destinations, sets its international rates for...
JAPAN
Oct 20, 1998

Pension premium hike in April may be shelved

The government is considering scrapping a scheduled April premium hike in the national pension plan for self-employed people, to keep from further dampening consumer spending, Health and Welfare Minister Sohei Miyashita said Tuesday.At a news conference following a Cabinet meeting, Miyashita revealed...
JAPAN
Oct 20, 1998

The Aum Trials: Appeal rejected for sarin-truck maker

The Tokyo High Court on Tuesday rejected an appeal by a senior member of Aum Shinrikyo, upholding a lower court decision that sentenced him to eight years in prison for modifying a van so it could be used for spraying sarin and building a plant to produce the deadly nerve gas.Wakashio Togasi, 38, was...
JAPAN
Oct 20, 1998

Standards urged for 'barrier-free' goods

Staff writerImagine an Othello game designed so that its black and white pieces can be distinguished by touch, enabling visually impaired people to play.This is one proposed "barrier-free" product, an item that facilitates the lives of people with disabilities.Beer cans with tiny protrusions on their...
JAPAN
Oct 20, 1998

Ninth Nissan Sunny makes debut

Nissan Motor Co. on Tuesday unveiled the ninth-generation models of its popular Sunny series, constructed on a platform that is to be shared by a number of cars to substantially cut development costs.Nissan, which has been plagued by dwindling profits and weak consumer spending, plans to reduce the...
JAPAN
Oct 19, 1998

Japan commits to African development

Japan, despite its economic difficulties, will continue to support development in Africa, Prime Minister Keizo Obuchi pledged Monday.Addressing the opening session of the Second Tokyo International Conference on African Development (TICAD-II), Obuchi also said Japan would take measures to push for so-called...
JAPAN
Oct 19, 1998

Smoke-billowing ship sparks toxin-leak scare

Smoke billowed from a chemical-carrying Panamanian containership berthed at a Tokyo pier Monday, raising fears of a possible leak of toxic gases and other substances, the Tokyo Fire Department said.The smoke from the 16,584-ton Uni Vital may have been caused by a chemical reaction between air and about...
JAPAN
Oct 19, 1998

Sickly students schooled in food, exercise in Izu

ITO, Shizuoka Pref. -- On a recent sunny Sunday morning, loud cheers filled a school playground, encouraging elementary students as they ran toward the finish line of a 1-km race."I made it!" a 10-year-old boy cried just after crossing the line. "My shoes almost came off when I was running, but I finished!"...
JAPAN
Oct 19, 1998

Small firms get tips on coping with credit crunch

Managers from about 250 small and medium-size companies based in Tokyo gathered Monday for advice on coping with the worsening credit crunch.The Tokyo Chamber of Commerce hosted the seminar as many smaller firms are finding it difficult to obtain loans from Japanese financial institutions. Participants...
JAPAN
Oct 19, 1998

Atami's fortune no longer springs eternal

Staff writerATAMI, Shizuoka Pref. -- This used to be one of the most popular spa resorts in Japan, with streets packed with yukata-dressed tourists and hotel rooms fully booked for company parties.But such memories have been fading in Atami. Hard-hit by earthquakes and the recession, the city's central...
JAPAN
Oct 19, 1998

It's definite: LTCB in capital deficit

The Financial Supervisory Agency has decided that the Long-Term Credit Bank of Japan was in capital deficit as of Sept. 30, the end of the first half of this fiscal year, FSA officials said Monday.The FSA audited LTCB's books by measuring its securities and real estate assets at market value instead...
JAPAN
Oct 19, 1998

Small firms slow to face Y2K bug

Not even a third of Japan's small and medium-size firms have begun to face the millennium bug problem out of a lack money or knowledge, the Small and Medium Enterprise Agency said Monday.The agency sent out surveys to about 10,000 small and medium-size companies in September, to which 2,026 companies...

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Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan