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JAPAN
Dec 19, 1997

Favored tariff system for rich nations may end soon

Japan's preferential tariff treatment of imports from relatively rich countries and regions, including South Korea, should be gradually eliminated beginning in fiscal 1998, an advisory panel said in a report released Friday.
JAPAN
Dec 18, 1997

Cut in spending puts defense budget on downtrend

Defense spending in fiscal 1998 will be reduced by 0.3 percent, or roughly 12.4 billion yen, from the 4.9 trillion yen allocated in this fiscal year's initial budget, the Finance Ministry and Defense Agency agreed Thursday.
JAPAN
Dec 17, 1997

Clinton lauds Hashimoto's move

In a telephone conversation Wednesday with Prime Minister Ryutaro Hashimoto, U.S. President Bill Clinton welcomed the special tax cut plan of 2 trillion yen unveiled earlier in the day, government officials said.
JAPAN
Dec 17, 1997

Explanation of tax cuts

The 2 trillion yen special tax cuts announced Wednesday by Prime Minister Ryutaro Hashimoto will mean roughly 65,000 yen for an average household of a married couple with two children, government sources said Wednesday.
JAPAN
Dec 15, 1997

LDP to approve 10 trillion yen bond package for DIC

The ruling Liberal Democratic Party on Monday finalized details of its financial stabilization package, featuring 10 trillion yen in government bonds for Deposit Insurance Corp. to help recapitalize troubled financial institutions.
JAPAN
Dec 15, 1997

Tokyo to take Seoul off special low-tariff list

Staff writer
JAPAN
Dec 10, 1997

Outline of financial stability plan addresses DIC, liquidity

A Liberal Democratic Party subcommittee debating steps to stabilize the financial system basically agreed Wednesday on a broad outline that includes galvanizing Deposit Insurance Corp. and increasing the liquidity of financial institutions.
JAPAN
Dec 4, 1997

Newly aligned government faces five-year delay

The new administrative system may not be launched for another five years, Prime Minister Ryutaro Hashimoto indicated Thursday.
JAPAN
Dec 3, 1997

Some hope dreamland will arise from returned base sites

GINOWAN, Okinawa Pref. -- On some 480 hectares of land in the heart of this subtropical island prefecture, a futuristic urban center, touted as an Asian hub for international exchanges, has been envisioned.
JAPAN
Nov 24, 1997

Yamaichi Securities decides to shut down

Yamaichi Securities Co. formally decided Monday to close down voluntarily amid a financial crisis linked to flagging stock prices, fallen credibility from payoff scandals and recently discovered losses from illegal "tobashi" trading activities.
JAPAN
Nov 21, 1997

Okinawa development steps unveiled

Staff writer
JAPAN
Nov 20, 1997

Use of public funds considered for clearing up loan mess

Prime Minister Ryutaro Hashimoto instructed the Liberal Democratic Party on Thursday to consider using public funds to clear up the nation's bad loan mess, a proposal welcomed by a rally on the Tokyo Stock Exchange.
JAPAN
Nov 19, 1997

Public funds ruled out for finance bailouts

The government does not intend at this time to consider a new framework for using public funds to help prop up the financial sector, Finance Minister Hiroshi Mitsuzuka said Wednesday.
JAPAN
Nov 19, 1997

Store gets the jump on suits for new staff

Seibu Department Store set aside a special section in its store in Tokyo's Ikebukuro district on Wednesday for the suits that will be needed by job-hunting students.
JAPAN
Nov 17, 1997

Hokkaido Takushoku folds; BOJ sends emergency loans

Marking the biggest collapse in the nation's financial industry, ailing Hokkaido Takushoku Bank announced Monday its de facto failure by saying it will transfer its operations to Hokkaido-based North Pacific Bank and other financial institutions.
JAPAN
Nov 17, 1997

Make defense-related agency a bureau: reform panel

A blue-ribbon government panel on administrative reform agreed Monday to turn the Defense Facilities Administration Agency into a bureau within a relevant government body.
JAPAN
Nov 17, 1997

Nikkei surges 1,200 points as players speculate on Takushoku

Tokyo stock prices rallied Monday amid news of the Hokkaido Takushoku Bank failure, as investors shopped for bargains, aided by growing expectations that public funds will be used to help dispose of a huge amount of bad loans.
JAPAN
Nov 14, 1997

Iraq urged to comply with U.N. resolution

Iraq should adhere to a United Nations resolution and end the ongoing crisis over its refusal to allow international arms inspectors to continue their duties, the Foreign Ministry told a senior Iraqi diplomat Friday in Tokyo.
JAPAN
Nov 11, 1997

KDD considering merger with Teleway

KDD, the nation's leading international telecommunications carrier, said Tuesday it is moving toward a merger with Teleway Corp., a firm affiliated with Toyota Motor Corp. that handles domestic long-distance services.
JAPAN
Nov 10, 1997

Easing of land-use laws eyed as latest panacea

Prime Minister Ryutaro Hashimoto outlined plans Monday to spur land use and housing construction through easing building-to-land ratios in urban areas and other means as a way to bolster the weakening economy.
JAPAN
Nov 7, 1997

Ota hints heliport plan may get backing

Okinawa Gov. Masahide Ota hinted Friday that he may approve a national government plan to construct a sea-based heliport off Nago.
JAPAN
Nov 6, 1997

Amway gets 500 complaints a year

The head of a consumer rights organization told a Diet committee Thursday that his group has received about 500 complaints each year since 1992 over the operations of Amway Japan Ltd., a member-based distribution company that makes sales but has no stores.
JAPAN
Nov 5, 1997

Ministry wants tax breaks cut, tax rates lowered

The Finance Ministry recommended Wednesday that tax breaks firms receive on five reserve funds be abolished or reduced so their taxable income base can be expanded and overall corporate tax rates reduced beginning in fiscal 1998.
JAPAN
Nov 4, 1997

Worsening economy sparks dissent within LDP

A number of lawmakers on the Liberal Democratic Party's Executive Council on Tuesday voiced concern over a bill that would designate specific reduction targets in key budget areas, arguing the bill would make it impossible for the government to stimulate the economy via spending measures.
JAPAN
Oct 31, 1997

Tokyo pressuring states before COP3

Japan will take every diplomatic opportunity to narrow differences over greenhouse gas emissions targets to ensure the upcoming COP3 international global warming conference in Kyoto does not fail, Chief Cabinet Secretary Kanezo Muraoka said Friday.
JAPAN
Oct 27, 1997

Improved consumption key to recovery, BOJ says

Improved consumption key to recovery, BOJ says> Economic growth has been slowing since April and business sentiment has weakened, but there are no signs of a sharp decline in corporate profits, employment and income conditions, the Bank of Japan said Oct. 27.
JAPAN
Oct 22, 1997

U.S. requests investigation of glass distribution system

The United States called on the Japanese trade watchdog on Oct. 22 to investigate the glass distribution system, which Washington claims is manipulated by three major Japanese firms and limits foreign access.Japan's Fair Trade Commission took note of the request but remained noncommittal on whether...
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

Hashimoto pushes economic reform rather than tax cuts

Prime Minister Ryutaro Hashimoto indicated Oct. 17 his opposition to the use of deficit-covering bonds to finance any special income tax cuts for propping up the economy, stressing that increased efforts to change the nation's economic structure are more important in the longer term.Responding to questions...
JAPAN
Oct 16, 1997

LDP stimulus plan drops tax incentives

The ruling Liberal Democratic Party's economic stimulus package due out next week is unlikely to include tax incentives worth around 300 billion yen, party sources said Oct. 16.LDP officials said the package, originally to be released on Oct. 20, would be made public Oct. 21. In effect, the pump-priming...
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
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.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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