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JAPAN
Feb 26, 1999

Japan urged to continue bank bailout next year

Japan should recapitalize its banks next year as well as this year, Deputy U.S. Treasury Secretary Lawrence Summers said Friday.
JAPAN
Feb 25, 1999

'Staff pay' entries give away tax dodger

Tokyo prosecutors arrested senior executives of a Tokyo real estate agency Thursday after raiding its offices over allegations that the firm failed to pay 500 million yen in taxes during a three-year period, sources close to the investigation said.
JAPAN
Feb 25, 1999

HP, Hitachi, Marubeni form Internet venture

Hewlett-Packard Co., Marubeni Corp. and Hitachi Software Engineering Co. will establish a joint venture in March to offer electronic business and commerce solutions centering on Internet technologies, the three firms announced Thursday.
JAPAN
Feb 24, 1999

Nissan to cut auto capacity by 100,000, retool van unit

Nissan Motor Co. announced Wednesday that it will reduce annual production capacity by 100,000 units by closing vehicle assembly lines at an affiliate in Aichi Prefecture.
CULTURE / Music
Feb 20, 1999

Kodo beats remixed for a dance groove

In ancient Japan, boundaries between rural villages were not drawn by geography, but by the deep, resonating rhythms of the taiko drum. Kodo, Sado Island's acclaimed taiko troupe, through the preservation, dissemination and study of one of Japan's most internationally celebrated performing arts, has...
LIFE / Digital / CYBERIA
Feb 17, 1999

Designing for dollars

Say what you will about Jeff Bezos, president of Amazon.com, but he is a savvy guy. He and his company may not be worth the gazillions of dollars that the market is throwing at them, but he deserves credit for making the market believe in him.
JAPAN
Feb 12, 1999

Major steelmakers expect lower earnings

Plagued by dwindling demand and prices of steel products at home and abroad, major steelmakers on Friday separately announced they are significantly lowering their earnings projections for fiscal 1998.
JAPAN
Feb 12, 1999

Aum regrouping for Armageddon in September: PSIA

Aum Shinrikyo followers are striving to hold together to reconstruct their cult, believing Armageddon will come this year in accordance with founder Shoko Asahara's prediction, according to a report released Friday by the Public Security Investigation Agency.
JAPAN
Feb 9, 1999

Kyoto grad student held over chloroform sales

A 32-year-old Kyoto University graduate student was arrested Tuesday for allegedly selling chloroform over the Internet without a license.
JAPAN
Feb 9, 1999

Raids continue over suspected pipe-making cartel

Prosecutors continued nationwide raids on offices of three leading water pipe manufacturers Tuesday, following the arrests of 10 officials of the firms Monday in connection with a probe of an illegal market-share cartel.
JAPAN
Feb 9, 1999

Daihyaku, Manulife join forces on life insurance

Midsize life insurer Daihyaku Mutual Life Insurance Co. and Manulife Financial of Canada have signed a definitive agreement to form a joint life insurance company with a future merger in mind, company officials announced Tuesday.
EDITORIALS
Feb 5, 1999

Auto mergers in the fast lane

The wheeling and dealing in the auto industry has gone into high gear. Last year's megamerger of Daimler-Benz and Chrysler began the process of consolidation, but it was always just a matter of time. The world cannot support 40 automakers. Manufacturers already have the facilities to make 20 million...
JAPAN
Jan 25, 1999

Outlook still grim for Kansai economy

The economic outlook in the Kansai region remains grim despite a few positive signs in recent months, such as increased public works spending and a rise in sales of certain products, head of Bank of Japan's Osaka branch said Monday.
JAPAN
Jan 22, 1999

DaimlerChrysler begins tieup talks with Nissan

The chairmen of DaimlerChrysler AG said Friday they opened tieup talks with Nissan Motor Co. Thursday night, but refused to divulge details of their discussions with Nissan President Yoshikazu Hanawa.
JAPAN
Jan 21, 1999

Sandwich makers sue Subway, Suntory

Eight former franchisees of Subway Japan, a fast-food sandwich chain, filed a 457 million yen damages suit Thursday with the Tokyo District Court against its headquarters and Suntory Ltd., alleging that unfair contracts between the owners and the headquarters resulted in the failure of their shops.
JAPAN
Jan 20, 1999

Daiei president steps down to speed restructuring efforts

Daiei Inc. Chairman and President Isao Nakauchi, who established the nation's largest supermarket chain operator, relinquished his post as president to accelerate its restructuring efforts, Daiei officials said Wednesday.
JAPAN
Jan 20, 1999

Sanwa, Toyo Trust to set up 'Big Bang' survival alliance

Sanwa Bank and Toyo Trust & Banking Co. have agreed to form an extensive business alliance to survive the ongoing "Big Bang" financial reforms, officials of the two banks announced Wednesday.
JAPAN
Jan 20, 1999

1998 domestic car output fell 9%

Domestic production by Japan's five top automakers in 1998 dropped 8.9 percent from the previous year to 7,880,395 units, according to figures separately released by the firms Wednesday.
JAPAN
Jan 19, 1999

Failures in '98 hit second-highest level since war

The number of corporate bankruptcies in 1998 jumped to 19,171, the second-highest level in postwar history, a private research firm announced Tuesday.
JAPAN
Jan 15, 1999

Air Link's members-only approach winning believers

24th in a series of occasional articles on venture businesses
JAPAN
Jan 14, 1999

Meiji Life hawking policies in magazines

Meiji Life Insurance Co. has started selling a 5 million yen life insurance plan through magazine advertisement inserts, company officials said Thursday.
JAPAN
Jan 14, 1999

Imported auto show dampened by recession

The nation's largest imported automobile trade show started Thursday in Tokyo, with the number of participating companies and cars on display significantly decreased from previous shows amid the economic slump.
JAPAN
Jan 13, 1999

Toyota unveils 1,000cc hatchback

Toyota Motor Corp. unveiled Wednesday a new 1-liter hatchback vehicle called Vitz, which will serve as a base for its line of cars aimed at the global compact car market, the automaker says.
JAPAN
Jan 6, 1999

Nissan to sell textile unit to Toyoda Loom

Nissan Motor Co. has reached a basic agreement with Toyoda Automatic Loom Works Ltd. to transfer its water jet textile business to the founding firm of the Toyota Motor group, the two firms announced on Wednesday.
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 18, 1998

Nissan denies rumor of DaimlerChrysler talks

Nissan Motor Co. President Yoshikazu Hanawa on Friday denied his company has negotiated with DaimlerChrysler AG over a capital-tieup alliance, but added that "generally speaking," the firm will welcome talks for a global alliance with other major automakers to survive the 21st century.
JAPAN
Dec 16, 1998

LDP finalizes record 9.3 trillion yen tax cut plan

The ruling Liberal Democratic Party finalized a large package of tax revisions Wednesday allowing for a record 9.3 trillion yen in tax cuts for fiscal 1999.
JAPAN
Dec 16, 1998

Government wary of sales tax welfare role

The government Tax Commission, in a set of recommendations to the prime minister finalized Wednesday, called for cautious discussions about limiting the use of consumption tax revenues for welfare purposes.
JAPAN
Dec 15, 1998

NCB Mortgage applies for bankruptcy

NCB Mortgage Co., an affiliate of the nationalized Nippon Credit Bank, applied to the Tokyo District Court for voluntary bankruptcy on Tuesday, company officials said.
JAPAN
Dec 11, 1998

U.S. lagging on defense deliveries: audit board

The United States failed to deliver 46.1 billion yen worth of defense equipment to Japan as of the end of fiscal 1997, despite Japan's advance payment, a Board of Audit report showed Friday.
In a first, Japan issues cease-and-desist order against Google
The Google logo is seen at the company's Bay View campus in Mountain View, California. Japanese authorities on Tuesday issued a cease-and-desist order to Google over an alleged violation of the country's anti-monopoly law.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
Japan and the U.S. begin tariff talks on good terms, but without breakthroughs
Ryosei Akazawa, Japan's chief tariff negotiator, speaks to reporters in Washington on Wednesday.
Magnitude 5.0 earthquake jolts Nagano
A map showing the location of an earthquake that hit Nagano Prefecture on Friday evening, with the numbers indicating the seismic intensity on the shindo scale to 7.
Parts of Yamanote and Keihin-Tohoku lines to be suspended over weekend
Sections of the outer loop of Tokyo's Yamanote Line and the Keihin-Tohoku Line will be shut down all day Saturday, and from the start of service through around noon on Sunday.
Tokyo stock picker advises Trump-proofing portfolios with Godzilla-creator Toho
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
LDP and CDP lawmaker groups propose 0% consumption tax on food
A vegetable stand displays prices at a supermarket in Tokyo in 2023. Some lawmakers are proposing lowering the consumption tax on food to 0%, which is expected to result in a loss of up to ¥5 trillion in tax revenue annually.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
Kyotographie 2025 opts for laughter and levity in the face of global strife
Palestinian American photographer Adam Rouhana’s exhibition at this year’s Kyotographie festival shows Palestinian life, not death and rubble.
Privacy and transparency clash in debate over bill on artificial insemination
Sachiko Ishizuka, who was born via artificial insemination by donor (AID), tells her story to lawmakers from the Constitutional Democratic Party of Japan on April 9.

Podcast

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

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.
By Tomoko Otake

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