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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.
JAPAN
Mar 30, 1998

Mercedes-Benz to start up free support services

To attract more Japanese customers, Mercedes-Benz Japan Co., a subsidiary of Daimler-Benz AG in Germany, will introduce a new after-sales service program in April, the company said Monday.
JAPAN
Mar 27, 1998

Displaced brokers embark on uncertain career paths

Early this month, a 55-year-old manager at the failed Yamaichi Securities Co. had a job interview with Merrill Lynch, a major U.S. brokerage that has launched a new campaign to penetrate the Japanese market.
JAPAN
Mar 27, 1998

MMC pushes back market-share target six years

KYOTO -- Mitsubishi Motors Corp. is set on obtaining a 15 percent share in the domestic market by 2006, not 2000 as originally targeted, MMC President Katsuhiko Kawasoe said March 27.
JAPAN
Mar 20, 1998

Upper House approves soccer lottery revisions

The Upper House, supported by members of the ruling Liberal Democratic Party and one of its allies, New Party Sakigake, approved a revised bill March 20 to start a soccer lottery system that would raise funds for the promotion of athletics.
JAPAN
Mar 19, 1998

GE Capital receives insurance license

The Finance Ministry on March 19 issued an operating license to GE Capital Edison Life Insurance Co., a new insurer to be set up jointly by Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc.
JAPAN
Mar 18, 1998

Corporate pace-setters trim spring pay raises

Reflecting the nation's continuing economic weakness, pace-setting major firms in the auto, electronics, shipbuilding and heavy machinery sectors on March 18 offered wage hikes smaller than those given last year to their labor unions.
JAPAN
Mar 18, 1998

Ex-gangster held for sale of stimulants

A former senior gang member has been arrested for allegedly selling about 50 kg of stimulant drugs with a street value of 1.5 billion yen to the head of an underworld group in Tokyo, police said March 18.
JAPAN
Mar 17, 1998

Ford Japan names Honda veteran new president

Ltd., a wholly owned subsidiary of Ford Motor Co., announced March 17 that Eiji Iwakuni, 55, will become the new president of Ford Japan, to replace Konen Suzuki, beginning April 1. "The company will introduce a series of strong new products next year," Suzuki said. "We concluded that new talent should...
JAPAN
Mar 17, 1998

Yamaichi execs enter pleas over 'sokaiya' payoffs

Two former employees of collapsed Yamaichi Securities Co., one a senior managing director, on March 17 admitted to charges of conspiring to make illegal payoffs, while another former senior managing director pleaded not guilty.
JAPAN
Mar 5, 1998

ANA changes profit forecast to loss

All Nippon Airways Co. announced Thursday that it is revising its forecast of a 2.3 billion yen net profit in its business report for the term that ends in March 1998 into a 3.2 billion yen net loss.
JAPAN
Mar 3, 1998

Sharp to introduce new model of Zaurus

Sharp Corp. will introduce new models of the Power Zaurus, a pocket-size mobile computer, on March 12, the company said Tuesday.
JAPAN
Feb 27, 1998

January industrial output up 2.9%

The nation's industrial output in January rose 2.9 percent from the previous month, marking the second consecutive monthly increase, the Ministry of International Trade and Industry said in a preliminary report released Friday.
JAPAN
Feb 18, 1998

Toho Life, GE Capital join forces in new insurance venture

Financially ailing Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc. formally announced Wednesday that they will set up a new life insurance company in Japan.
JAPAN
Feb 6, 1998

Fledgling Skymark seeks license for Tokyo-Fukuoka runs

Skymark Airlines Co., a new entry to the airline business, applied Friday to the Transport Ministry for a license to launch regular service between Tokyo and Fukuoka.
JAPAN
Feb 5, 1998

JTB discount plan may ignite fare war

Japan Travel Bureau, the country's leading travel agency, will start full-scale sales of discount overseas flight tickets beginning Feb. 16 to cope with the growing market for nonpackage-tour travelers, a spokesman for JTB said Thursday.
JAPAN
Feb 5, 1998

WorldCom, BT move toward Japanese telecom licensing

Spurred by global deregulation, two foreign telecommunications giants applied Thursday for a license in Japan in a bid to become the country's first such foreign-owned firms.
JAPAN
Feb 5, 1998

Kagawa makes bid to lure more foreign tourists

KOTOHIRA, Kagawa Pref. -- In order to visit the 3,000-year-old Kompira Shrine, which still attracts millions of pilgrims and tourists here each year, a long, steep slope of 1,368 stone steps must first be conquered.
JAPAN
Feb 3, 1998

Mitsubishi Electric expects 33 billion yen net loss

Mitsubishi Electric Corp. said Tuesday that it may post a consolidated net loss of 33 billion yen for the 1997 business year, due mainly to declining profits in semiconductors and home appliances.
JAPAN
Jan 30, 1998

LDP's Arai admits profiting from hidden Nikko account

Shokei Arai, a Lower House member of the Liberal Democratic Party, admitted in the Diet on Friday that he made about 41 million yen through an account he asked Nikko Securities Co. to open in the name of one of his acquaintances.Arai insisted, however, that the trades were not illegal. Speaking as an...
JAPAN
Jan 21, 1998

Osaka projects in 668 billion yen of red ink

OSAKA -- One-quarter of Osaka's high-profile, third-sector projects are now 668 billion yen in the red, but city officials are still pumping money into them in the hopes they will eventually turn a profit.Third-sector projects, which are corporations jointly established by Osaka and private businesses,...
JAPAN
Jan 19, 1998

Hong Kong trade official seeks to allay avian flu fears

Asserting that the high-risk period for avian flu has passed, a Hong Kong trade official Monday sought to alleviate Japanese tourists' concerns about the disease that has killed six people so far in the former British colony."Hong Kong is a very safe place to visit. There is no need for restrictions...
JAPAN
Jan 12, 1998

Ex-Taiheiyo broker grilled over fund misuse

OSAKA -- Police are questioning a former Taiheiyo Securities Co. employee on suspicion of misusing more than 300 million yen in his client's fund, informed sources said Monday.They said the former acting sales chief at the Umeda branch here received more than 300 million yen from a client between March...
JAPAN
Dec 30, 1997

Automobile groups to begin CFC recovery, disposal

The Japan Automobile Manufacturers Association and six other auto industry groups will in January begin recovering and disposing of chlorofluorocarbons used in auto air conditioners in Tokyo, Saitama, Chiba and Kanagawa prefectures.
JAPAN
Dec 19, 1997

Entrepreneur says a business can be ecological, profitable

Staff writer
JAPAN
Dec 19, 1997

Insurance exec says solvency margins must be disclosed

Life insurance firms will have to disclose their solvency margins under a new policyholders' protection system being formed by the Finance Ministry, the chairman of the Life Insurance Association of Japan said 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.
Japan to give India E5 and E3 shinkansen for free
A rendering of East Japan Railway's E10 series of bullet trains
China’s new bridge-forming barges offer new options for Taiwan invasion
This satellite image taken on March 25 shows three Chinese barges connected via extendable bridges in waters off Zhanjiang, in southern China's Guangdong province. Experts say the new barges could be used to land heavy equipment and thousands of personnel in a possible invasion of Taiwan.
Four arrested over obscene AI images in Japan first
The suspects used free AI software to create images of naked adult women, who do not exist in the real world, using prompts that included terms such as "legs open," according to NHK.
'Chikan' incidents rise as Japan grapples with mental health and cultural challenges
Overcrowded trains and a lack of legal consequences for groping in Japan have led to a rise in "chikan," or groping, which has been linked to a mental condition and compounded by cultural stigmas.
Why Ishiba became the first prime minister to hold talks with Rengo in 16 years
Prime Minister Shigeru Ishiba and Japanese Trade Union Confederation chief Tomoko Yoshino in a meeting Tuesday at the Prime Minister's Office
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.
Sumo's throwback regional tours offer glimpse into sport's heart and history
Kirishima (behind) battles Atamifuji during a regional tour event in Hyogo Prefecture in 2023.
China’s new bridge-forming barges offer new options for Taiwan invasion
This satellite image taken on March 25 shows three Chinese barges connected via extendable bridges in waters off Zhanjiang, in southern China's Guangdong province. Experts say the new barges could be used to land heavy equipment and thousands of personnel in a possible invasion of Taiwan.
The man who helps Japanese figure skaters stay sharp
Kimitaka Sakurai displays a sharpening stone for working on skate blades, in Yokohama on March 28. Regular sharpening is crucial for maintaining optimal performance and reducing skaters’ risk of injury on the ice.

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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