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BUSINESS
Oct 26, 2001

NTT dials in reform program

Nippon Telegraph and Telephone Corp. unveiled on Thursday a reform program to cope with recent changes in the telecommunications industry and revised downward its sales projection from 12.1 trillion yen to 11.94 trillion yen for this business year.
JAPAN
Oct 26, 2001

Former Tokyo Shogin boss gets new warrant over loans

A former head of the failed credit union Tokyo Shogin was served a fresh arrest warrant for alleged breach of trust in connection with illegal loans of 1.6 billion yen to a business owner, prosecutors said Thursday.
BUSINESS
Oct 26, 2001

Aid planned for self-employed in dire straits

The Health, Labor and Welfare Ministry plans to launch a program offering monthly loans of up to 200,000 yen for self-employed people who have been forced out of business due to government efforts to reform the economy, government officials said Thursday.
JAPAN
Oct 26, 2001

Afghans' plea for parole rejected

The Tokyo Immigration Bureau has rejected requests for parole by nine Afghans who were detained when applying for refugee status earlier this month on suspicion of entering Japan illegally, according to sources close to the case.
BUSINESS
Oct 26, 2001

Ministers vow to solve trade dispute

Five Cabinet ministers confirmed Thursday they will hold negotiations in a bid to resolve a trade dispute over farm product imports from China, according to government officials.
BUSINESS
Oct 26, 2001

Sony swings into the red with a 13.7 billion yen loss

Sony Corp. on Thursday announced a group pretax loss of 13.72 billion yen in the first half through Sept. 30, a sharp reversal from the profit of 113.73 billion yen marked in the corresponding period last year.
BUSINESS
Oct 26, 2001

Shinsei Bank in fundraising drive

Shinsei Bank plans to securitize its own loan assets and sell them to investors to diversify its fundraising methods, bank officials said Thursday.
JAPAN
Oct 26, 2001

Yamaichi chief escapes 30-month prison term

The Tokyo High Court on Thursday overturned a lower court ruling sentencing Atsuo Miki, a former president of the now-defunct Yamaichi Securities Co., to 30 months in prison with no suspension for business misconduct, and instead gave him a suspended three-year term.
BUSINESS
Oct 26, 2001

Volkswagen to accelerate sales promotion, presence in Asia

MAKUHARI, Chiba Pref. -- German auto giant Volkswagen AG is accelerating sales promotions to increase its presence in Asia, especially in Japan and China, according to an executive of the firm.
BASEBALL / MLB
Oct 26, 2001

Swallows claim fifth Japan Series

The Yakult Swallows flew off with their fifth championship on Thursday.
JAPAN
Oct 26, 2001

U.S. professor wins award for urban planning

A U.S. professor has received an award for trying to balance urban planning with environmental protection.
BUSINESS
Oct 26, 2001

Sanyo oven knowhow set for China

OSAKA -- Sanyo Electric Co. will sell technology and equipment for manufacturing microwave oven parts to a Chinese home appliance maker, Sanyo officials said Thursday.
JAPAN
Oct 26, 2001

Human cell strains up for grabs

The Tokyo District Court has seized human cell strains that were used as collateral on loans and will have them auctioned at the end of this month, judiciary sources said Thursday.
JAPAN
Oct 26, 2001

Mitsukoshi deal above board: Uetake

The senior vice foreign minister said Thursday he sees no problem with the business transactions between the Foreign Ministry and department store operator Mitsukoshi Ltd., despite suspicions raised by an opposition lawmaker at a Diet committee session the day before.
ENVIRONMENT / ANIMAL TRACKER
Oct 26, 2001

Lesser mole

COMMUNITY / THE PARENT TRIP
Oct 26, 2001

If it's Tuesday, it must be . . . swimming?

No doubt about it, life in Japan is busy -- and even small children have a "schedule." All of my son's first-grade friends at Japanese elementary school have at least one after-school activity, if not two or three. An informal survey revealed that piano and ballet are tops with the girls, that the boys...
BUSINESS
Oct 25, 2001

Coalition finalizes bill adding to RCC's power

The ruling coalition finalized a bill Wednesday to expand the government-funded Resolution and Collection Corp.'s powers to clean up banks' nonperforming loans.
JAPAN
Oct 25, 2001

Tokyo ward eyes 5 yen tax on plastic shopping bags

Officials of Suginami Ward, Tokyo, said Wednesday they will propose that a 5 yen tax be imposed on each petroleum-based plastic shopping bag used in the ward's supermarkets and grocery stores, with the aim of reducing garbage.
BUSINESS
Oct 25, 2001

Shiokawa slams bond-issuance plan

Finance Minister Masajuro Shiokawa on Wednesday countered a bond-issuance plan floated by Heizo Takenaka, economic and fiscal policy minister, that aims to help the Cabinet achieve its 30 trillion yen bond issue cap for fiscal 2001.
JAPAN
Oct 25, 2001

Cult brush tars modern faiths

Almost half a year after Nissan Motor Co.'s Murayama plant was shut down, the automaker announced in July it was considering selling a large portion of the 1.39-million-sq.-meter property to a Buddhist organization.
JAPAN
Oct 25, 2001

DPJ spotlights ministry spending

A Democratic Party of Japan lawmaker told a Lower House panel on Wednesday that he suspects the Foreign Ministry has spent several hundred million yen in funds "pooled" at Mitsukoshi Ltd. to buy paintings, liquor, accessories and other luxury items.
JAPAN
Oct 25, 2001

Farm ministry seeks billions for beef industry

The Agriculture, Forestry and Fisheries Ministry plans to ask for 104.2 billion yen to aid the livestock industry, struggling in the wake of last month's discovery of mad cow disease, ministry officials said Wednesday.

Longform

Sociologist Gracia Liu-Farrer argues that even through immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’