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JAPAN

Jan 28, 1998

DKB data on 'sokaiya' loans allegedly erased by finance official

Koichi Miyakawa, a Finance Ministry inspector who is under arrest, deleted part of a 1994 ministry report on problem loans extended by Dai-Ichi Kangyo Bank to "sokaiya" corporate extortionist Ryuichi Koike, the key figure in a huge financial-sector payoff scandal, at the request of a Dai-Ichi Kangyo...

JAPAN

Jan 28, 1998

Keck announces end to EU-Japan auto export restraint

Europe will not seek to extend its agreement with Japan on voluntarily restraining Japanese automobile exports, European Union Ambassador Jorn Keck said Wednesday.The departing ambassador was speaking at a farewell news conference at the Japan National Press Club in Tokyo. "I don't know how to prolong...

JAPAN

Jan 28, 1998

Extra budget, tax cuts pass Lower House

The Lower House on Wednesday passed the government-proposed supplementary budget for the current fiscal year and bills to allow for 2 trillion yen in pump-priming income and residence tax cuts.The extra budget and bills were moved the House of Councilors for further action. They are key components in...

JAPAN

Jan 28, 1998

NEC's profit to plunge to 45 billion yen

Due to lackluster sales of personal computers and electronic devices, NEC Corp. announced Wednesday that its consolidated net profit will plunge to 45 billion yen in the 1997 business year, down 51 percent from its previous estimate of 80 billion yen."Investment in information technology was supposed...

JAPAN

Jan 28, 1998

'Save the dugong' focus of Okinawan band's concert

The popular Okinawan band Kina Shokichi & Champloose will stage the "Eco Peace Concert" in Tokyo today to call for steps to be taken to protect waters off of Nago, Okinawa Prefecture -- identified as a potential site for an offshore military heliport -- so that dugongs can continue to live there.The...

JAPAN

Jan 28, 1998

U.S. wants pact on civilian-use GPS products

By Hisane Masaki

Staff writerThe United States has asked Japan to conclude a pact as soon as possible on civilian applications, such as car navigation, of the U.S.-developed positioning system that uses military satellites, government officials said Wednesday.The U.S. wants the proposed pact with Japan to serve as a...

JAPAN

Jan 28, 1998

Mitsuzuka resigns over finance bribery scandal

Finance Minister Hiroshi Mitsuzuka tendered his resignation Wednesday to Prime Minister Ryutaro Hashimoto to take the blame for a scandal in which two ministry bank inspectors were arrested for bribery.In accepting Mitsuzuka's resignation, Hashimoto will also hold the post of finance minister until...

JAPAN

Jan 28, 1998

Sanyo to venture into elder care business

Sanyo Electric Co. announced Wednesday that it will enter a new business field by establishing a joint venture firm to run nursing homes in light of the rapidly growing elderly population.Sanyo will set up Sanyo Emeritus Corp. jointly with Seattle-based Emeritus Corp. in February. The new firm will...

JAPAN

Jan 28, 1998

U.S. files on Okinawa occupation to be released

About 3.2 million pages of documents and photographs related to the U.S. Civil Administration of the Ryukyu Islands, which governed Okinawa between 1950 and 1972, will be made public beginning this fall.The National Diet Library and the Okinawa Prefectural Archives announced that the documents will...

JAPAN

Jan 27, 1998

Nissan to reduce auto platforms to five

Nissan Motor Co. plans to reduce the number of platforms for its automobiles to five by around 2005, Nissan President Yoshikazu Hanawa said Tuesday.In an effort to reduce costs and shorten development lead time for new models, the company has been planning to consolidate major platforms, Hanawa said....

JAPAN

Jan 27, 1998

Japan to help revitalize trans-Siberia railway

The Japanese government will promote cooperation to revitalize the trans-Siberia Railway as part of Tokyo's efforts to encourage economic reform in Russia, Japanese officials told their Russian counterparts Tuesday at a meeting to discuss work on the railway.Japan will promote such measures as feasibility...

JAPAN

Jan 27, 1998

Celebrity's brother held over drugs

Takayuki Kuroyanagi, 41, brother of media celebrity and UNICEF Ambassador Tetsuko Kuroyanagi, was arrested in connection with drug possession and turned over to prosecutors Monday, according to the Metropolitan Police Department.A small amount of stimulants was found Sunday night in his car, which was...

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.

Kabukicho: Tokyo’s ‘stadium of desire’

Once smoky, male-dominated spaces, today's net cafes, like Kaikatsu Club, are working to make their operations more attractive to women customers.

The second life of Japan's net cafes

By Alex K.T. Martin

SUSTAINABLE JAPAN

Foreign wrestlers have a long history in sumo

Foreign wrestlers have a long history in sumo

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