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JAPAN
May 28, 1998

Seibu exec acquitted of fraud in medical equipment case

The former chief of Seibu department store's medical equipment department was acquitted of complicity Thursday in a fraud case in which six people were accused of bilking a leasing company out of about 31.1 billion yen by fabricating medical equipment deals.
JAPAN
May 27, 1998

Nissan posts 14 billion yen net loss

Nissan Motor Co. on Wednesday reported a consolidated net loss of 14 billion yen in the year that ended March 31.
JAPAN
May 25, 1998

Nissan announces launch of fully remodeled Skyline

Amid continued sluggishness in the domestic auto market, Nissan Motor Co. announced Monday that it has started to sell the fully remodeled Skyline, the 10th generation in the series.
JAPAN
May 22, 1998

Corporate profits fall first time in four years; city banks see red

Profit levels at most corporations declined for the first time in four years in the 1997 business year to March 31, with at least six of the nation's nine giant "city banks" falling into the red, according to earnings results released through Friday.
JAPAN
May 21, 1998

Nonlife insurers post decline in revenues for '97

The combined annual premium revenue at the nation's five major nonlife insurance firms, for fiscal 1997, registered a year-on-year decline for the first time in the postwar era, earnings reports released Thursday showed.
JAPAN
May 21, 1998

Sharp president Tsuji to resign in management reshuffle

OSAKA -- Katsuhiko Machida, a managing director of Sharp Corp., will become president on June 26, succeeding Haruo Tsuji, who will become a counselor, it was announced here Thursday.
JAPAN
May 19, 1998

New ticket system prevents train-fare cheating

A new system to prevent passengers from cheating fares with train passes, a scam that has cost East Japan Railway Co. an estimated 7 billion yen in annual sales, seems to be working, the company said Tuesday.
JAPAN
May 15, 1998

Japan Tobacco is taken to court

Hoping to turn Japan's tobacco industry on its head, seven sufferers from tobacco-related illnesses and their lawyers filed a lawsuit against Japan Tobacco Inc. and the government Friday at Tokyo District Court.
JAPAN
May 14, 1998

Japan bashing, passing progresses to 'fixing'

Staff writer
JAPAN
May 14, 1998

Toyota introduces new luxury car Progres

To compete with European luxury car makers such as Daimler-Benz AG, Toyota Motor Corp. on Thursday launched the Progres, a compact luxury four-door sedan.
JAPAN
May 13, 1998

Nissan unveils 'lifecare' vehicles

To address Japan's rapidly aging population, Nissan Motor Co. will heighten its production of "lifecare" vehicles, which are specially designed for senior citizens and people with physical disabilities, the firm said Wednesday.
JAPAN
May 13, 1998

Lawsuits seek to put dent in massive tobacco industry

Staff writer
JAPAN
May 11, 1998

In with a Bang: Zurich Insurance stays with direct marketing

13th in an occasional series of articles on financial deregulation
JAPAN
May 11, 1998

New treatments for AIDS, HIV near final stages

Two breakthrough treatments for HIV and AIDS are nearing the final stages of development, a group of international researchers said Monday in Tokyo.
JAPAN
May 4, 1998

Barbecuers injured in seaside helicopter ride

Police began an investigation Monday after five people were injured Sunday when a private helicopter crashed into the sea off Yokosuka, Kanagawa Prefecture, police said.
JAPAN
Apr 30, 1998

Nissan Diesel names new president

Nissan Diesel Motor Co. announced April 30 that President Masayuki Saito will step down and be replaced by Managing Director Hirofumi Nakazawa in late June.
JAPAN
Apr 27, 1998

Honda president to step down in June

After eight years at the helm of Honda Motor Co., President Nobuhiko Kawamoto on Monday announced he will step down in late June.
JAPAN
Apr 23, 1998

Honda's new multiwagon is based on 'small is smart'

Following the succession of automakers who have introduced compact wagons this year, Honda Motor Co. announced April 23 that it will sell the Capa, its new 1.5-liter engine multiwagon, from today.
JAPAN
Apr 17, 1998

Japanese insurers postpone decision on AIG's takeover plan

The Japanese life insurance industry has put off making a decision on whether to allow American International Group Inc. of the United States to begin studying a possible takeover of Aoba Life Insurance Co., the industry head said Friday.
JAPAN
Apr 16, 1998

Lawson raided in probe over rebate pressuring

The Fair Trade Commission raided Lawson Japan Co. and about 10 other related locations April 16 over allegations that the convenience store chain violated the Antimonopoly Law by demanding that suppliers deliver their products free of charge and seeking rebates for marketing their goods.
JAPAN
Apr 16, 1998

Public works spending must be cut: Keidanren

To gain the maximum benefits from the forthcoming economic stimulus package, the government must avoid spending lavishly on conventional public works projects, the Japan Federation of Economic Organizations (Keidanren) said April 16.
JAPAN
Apr 15, 1998

NEC eludes Cray with remote supercomputer service

NEC Corp., effectively driven out of the American supercomputer market, has launched a remote computing service using its SX-4 supercomputer for overseas and domestic users.
JAPAN
Apr 9, 1998

The Asahara Trial: Cultist says water sales mulled in Kobe quake

A senior Aum Shinrikyo figure told the Tokyo District Court on Thursday that soon after the Great Hanshin Earthquake of January 1995, he was ordered to make polyethylene terephthalate (PET) bottles for water to sell in Kobe.
JAPAN
Apr 9, 1998

Acquisitions process said key barrier to foreign investment

While there are effectively no legal barriers, difficulty in carrying out corporate acquisitions poses a major obstacle to boosting foreign investment in Japan, says James Abegglen, a leading expert on Japanese business affairs.
JAPAN
Apr 8, 1998

The Asahara Trial: Ishii details sexes' regard for guru

Hisako Ishii, formerly a close aid to Aum Shinrikyo founder Shoko Asahara, testified in court April 8 that there was a difference in the way male and female followers regarded Asahara.
JAPAN
Apr 8, 1998

Hilton execs looking to expand presence in Japan

Staff writer
JAPAN
Apr 8, 1998

Sales tax report angers ruling bloc

Executive members of the ruling alliance on April 8 grew angry over a newspaper report that said the U.S. is getting even more specific in its suggestions on how Japan should fix its ailing economy.
JAPAN
Mar 31, 1998

JAS expects 1.6 billion yen loss for 1997

Japan Air System Co. has revised downward its net profit forecast for fiscal 1997 from zero to a 1.6 billion yen loss on an unconsolidated basis, JAS President Hiromi Funabiki told a regular press conference March 31.
JAPAN
Mar 31, 1998

Highlights of deregulation package

The following are highlights of the new three-year deregulatory package unveiled March 31.
JAPAN
Mar 31, 1998

Deregulation plan launched to activate economy

A three-year plan was launched March 31 that targets 15 industrial sectors for deregulation, including domestic airline operations, electric power retailing and digital broadcasting, government officials said.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

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