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JAPAN
Nov 4, 1997

Russia seen on verge of joining APEC

Staff writer
JAPAN
Oct 31, 1997

Public corporations fail to declare 16 billion yen

The National Tax Administration Agency said Friday that 926 public-interest corporations, including those running private schools and temples, failed to declare 16.443 billion in corporate income for the July 1996 to June 1997 period.
JAPAN
Oct 29, 1997

Daiwa Securities execs implicate boss

Daiwa Securities execs implicate boss>The four Daiwa Securities Co. executives arrested Tuesday for giving illicit financial favors to a "sokaiya" corporate extortionist have told police the brokerage's vice president gave them the go-ahead to do so, sources said Wednesday.
JAPAN
Oct 20, 1997

Shippers set condition for paying U.S. fines

Japanese shipping companies told a U.S. government agency that they would consider paying fines accrued during September if the agency entirely removes port sanctions it imposed Sept. 14, industry sources said Oct. 20.The fines were due Oct. 15, but the shipping companies refused to pay, sparking the...
JAPAN
Oct 20, 1997

Hashimoto hints at ditching reform proposals

Prime Minister Ryutaro Hashimoto indicated Oct. 20 that to accommodate demands from the Liberal Democratic Party, he may sacrifice some of the streamlining proposals suggested in an interim report drafted last month by a blue-ribbon government panel, which he heads.During the first meeting of a House...
JAPAN
Oct 17, 1997

Officer sentenced to three years for drug frameup

A former Tokyo police officer was sentenced Oct. 17 to three years in prison for trying to frame two innocent men on drug charges in April in conspiracy with two colleagues, who earlier received suspended terms.Nobuji Kawaguchi, 40, listened calmly as presiding Judge Toshiyuki Kosaka described his crime...
JAPAN
Oct 3, 1997

SDP doubts worth of postal reform proposal

The Social Democratic Party, one of two non-Cabinet allies of the ruling Liberal Democratic Party, questioned on Oct. 3 the wisdom of a government panel's proposal to break up the Posts and Telecommunications Ministry.During an Upper House plenary session debate, SDP policy chief Kazuo Oikawa said in...
JAPAN
Oct 2, 1997

U.S. gets thumbs up for Super 301 ruling

Osamu Watanabe, vice minister for international trade and industry, on Oct. 2 applauded Washington's decision not to list Japan's auto market on a Super 301 retaliatory watch list."I regard the decision as the natural conclusion and I appreciate the U.S. government's just judgment," Watanabe told a...
JAPAN
Oct 2, 1997

LDP slams postal privatization plan

The ruling Liberal Democratic Party announced its opposition Oct. 2 to a proposal by a government advisory panel to privatize two of the three postal services currently provided by the Posts and Telecommunications Ministry.During Diet debate, Kenji Manabe, policy chief of the LDP's House of Councilors...
JAPAN
Sep 29, 1997

Corporate tax cut tied to size of income base

Any reduction in the corporate income tax should be considered only within the scope of revenue that can be gained by expanding the taxable income base for companies, a top Finance Ministry official indicated Sept. 29.
JAPAN
Sep 25, 1997

Izui summons urged for session

The Diet affairs chairmen of three opposition parties agreed Sept. 25 to raise political ethics issues in an extraordinary Diet session to start Sept. 29, including the subject of the alleged offerings of money by oil wholesaler Junnichi Izui to Liberal Democratic Party politicians.
JAPAN
Sep 18, 1997

Opposition parties seek Sato no-confidence vote

Three opposition parties agreed Sept. 18 to introduce a no-confidence resolution in the Diet against convicted bribe-taker Koko Sato, the chief of the Management and Coordination Agency.
JAPAN
Sep 16, 1997

MITI chief vows to tackle 'global megacompetition'

Mitsuo Horiuchi, the newly appointed minister of international trade and industry, is determined to push through "drastic policies" to accelerate deregulation and create a level playing field for Japanese companies competing in this era of "global megacompetition."
JAPAN
Sep 12, 1997

Mitsuzuka firm on budget austerity measures

Suggestions by some U.S. officials that Japan should slacken the pace at which it implements budget austerity are understandable but go against the nation's interests, Finance Minister Hiroshi Mitsuzuka said.
JAPAN
Sep 11, 1997

Osaka likely to let toxic waste stay at Universal Studios site

OSAKA -- To ensure that the construction of Universal Studios Japan begins in 1998 as scheduled, Osaka city is likely to allow the nearly 700,000 tons of industrial waste to remain buried on the site.
JAPAN
Sep 2, 1997

Trade chief appeals for corporate tax cuts

Amid rising concerns over the nation's economic prospects, trade chief Shinji Sato renewed calls Sept. 2 for a significant reduction in corporate taxes to stir up business sentiment and ensure domestic demand-led growth.
JAPAN
Aug 21, 1997

Panel gives glimpse of next government

The government's blue-ribbon panel on administrative reform concluded Aug. 21 that the government should be revamped into a Cabinet Office, 10 ministries and two agencies by January 2001.
JAPAN
Aug 20, 1997

Japan, China to discuss issues of WTO and tariffs

Japan and China will hold a fresh round of negotiations in Tokyo next week on Beijing's admission to the World Trade Organization, government officials said Aug. 20.
JAPAN
Aug 19, 1997

Taiwan part of review, Kajiyama repeats

Chief Cabinet Secretary Seiroku Kajiyama rekindled a raging debate Aug. 19 by repeating that the geographical scope of planned U.S.-Japan defense cooperation would naturally include emergencies in the Formosa Strait.
JAPAN
Aug 18, 1997

15 eyed as organ donor age floor

Only people age 15 or older should be allowed to donate their organs for transplants after their death, the Health and Welfare Ministry proposed Aug. 18, according to ministry officials.
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 14, 1997

Draft plan aims to cut ministries to 15

Japan's 22 ministries and agencies will be reorganized into either 13 or 15 by January 2001, with a new Economic Ministry to be created by a merger of the Ministry of International Trade and Industry and the monetary policy division of the Finance Ministry, according to a draft plan being discussed by...
JAPAN
Aug 13, 1997

Parties and politicians jockey for power

Staff writer
JAPAN
Jul 25, 1997

Dai-Ichi Kangyo slapped with criminal complaint

The Finance Ministry filed a criminal complaint with prosecutors July 25 against Dai-Ichi Kangyo Bank for alleged violations of the Banking Law.
JAPAN
Jul 23, 1997

Same ministers to run less ministries in Hashimoto's reform

Prime Minister Ryutaro Hashimoto made remarks July 23 that could invite skepticism of his administrative reform efforts.
JAPAN
Jul 21, 1997

Youth dies in car crash; three others injured

KITAKYUSHU -- An 18-year-old company employee was killed and three others injured, one seriously, when their car collided with a utility pole early July 21 in Shimonoseki, Yamaguchi Prefecture.
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 17, 1997

Keizai Doyukai contemplates future of Japanese business

KARUIZAWA, Nagano Pref. -- Business leaders exchanged opinions July 17 on Japan's international economic relations and the role of the private sector in the ongoing structural reforms at the 12th summer seminar of the Japan Association of Corporate Executives (Keizai Doyukai).
JAPAN
Jul 4, 1997

The Asahara Trial: Cultist playing down role, defense says

Defense lawyers for Aum Shinrikyo founder Shoko Asahara accused a former senior cultist during cross-examination July 4 of playing down his involvement in the cult's dubious activities.
JAPAN
Jun 26, 1997

Russian boat shoots, wounds Japanese fishermen

A Russian patrol vessel fired on a Japanese fishing boat off Nosappu Cape in Nemuro, Hokkaido, late June 25, seriously wounding two crew members, the Maritime Safety Agency office in Nemuro said June 26.

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