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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 4, 1998

Companies team up to create digital content venture

Itochu Corp., NTT Data Corp., Toyota Motor Corp., Victor Co. of Japan, and Marubeni Corp. have jointly established a company to fund and market digital content, the companies said Wednesday.
JAPAN
Mar 4, 1998

GE, Toho Mutual name new insurance behemoth

The giant life insurance company to be set up by GE Capital Services Corp. of the U.S. and Toho Mutual Life Insurance Co. will be named GE Capital Edison Life Insurance Co., officials of the two firms said Wednesday.
JAPAN
Mar 4, 1998

Justice Ministry protests Focus article on Kobe boy

The Justice Ministry issued a letter of protest Wednesday to the publisher of Focus magazine for the publication of an illustration and writing samples by a Kobe boy who killed two children and assaulted three others last year.
JAPAN
Mar 4, 1998

Information disclosure bill seen as first step

First in a series
JAPAN
Mar 4, 1998

Man held over 8 million yen Itoham extortion

A 27-year-old man was arrested Wednesday on suspicion of trying to extort 8 million yen from a leading ham-processing company by using the name of a religious group in Tokyo's Nerima Ward to which he once belonged, police said.
JAPAN
Mar 4, 1998

Vindicated gassing suspect wants Aum's Niimi to tell truth

Yoshiyuki Kono, falsely accused in connection with the June 1994 nerve gas attack in Matsumoto, Nagano Prefecture, said Wednesday at the trial of an Aum Shinrikyo figure that he hopes the proceedings shed light on what really happened.
JAPAN
Mar 4, 1998

Former Yamaichi execs nabbed in 260 billion yen coverup

Police arrested a trio of former top Yamaichi Securities Co. executives Wednesday over an alleged coverup by the firm of some 260 billion yen in losses by window-dressing financial records, prosecutors said.
JAPAN
Mar 4, 1998

Global cadets conference kicks off

The National Defense Academy on Wednesday kicked off its first International Cadets Conference at its campus in Yokosuka, Kanagawa Prefecture, with 11 cadets from overseas taking part.
JAPAN
Mar 4, 1998

U.S. affirms Japanese progress but calls for more deregulation

The United States, while acknowledging there has been some progress, urged Japan on Wednesday to make further efforts to achieve deregulation in the runup to the upcoming Group of Seven meeting in Birmingham, Britain.
JAPAN
Mar 4, 1998

Key Okinawa adviser to relinquish post

Yukio Okamoto, an official adviser to Prime Minister Ryutaro Hashimoto on Okinawa affairs, will resign from his post on Tuesday, Chief Cabinet Secretary Kanezo Muraoka said Wednesday.
JAPAN
Mar 4, 1998

Financier arrested in major stock fraud

The president of a Tokyo finance company was arrested Wednesday on suspicion of making 5.5 billion yen in profits through fraudulent stock transactions, police said.
JAPAN
Mar 3, 1998

Readers invited to freedom of information forum

Tokyo American Center and The Japan Times will jointly present a lecture and discussion meeting on electronic freedom of information in the U.S. and its lessons for Japan on March 16, from 3 to 5 p.m. at the Tokyo American Center in Shiba Koen, Minato-ku.
JAPAN
Mar 3, 1998

Japanese banks' stingy lending policies hurting Asia

The growing reluctance of Japanese banks to lend, which is hurting the domestic industry, is also affecting other parts of Asia, the head of the Hong Kong Monetary Authority said Tuesday in a meeting with his Japanese counterpart in Tokyo.
JAPAN
Mar 3, 1998

Japan plays down Arab states' fears over UNSC warning to Iraq

Some Arab countries are reportedly alarmed by Japan's initiative on a U.N. resolution over weapons inspections in Iraq, but Foreign Ministry officials on Tuesday sought to soothe Iraq by saying the resolution is "well-balanced."
JAPAN
Mar 3, 1998

France hid medical effects of nuclear testing, activist says

Staff writer
JAPAN
Mar 3, 1998

Amnesty criticizes Cambodian peace plan

Cambodia's Second Prime Minister Hun Sen and his security forces continue to kill people for their political beliefs, casting doubt on how fair the country's upcoming July elections will be, said Rory Mungoven, program director of Amnesty International's Asia and Pacific region.
JAPAN
Mar 3, 1998

BOJ breaks precedent, divulges minutes of policy talks

For the first time ever, the Bank of Japan disclosed Tuesday the minutes of a recent monetary policy meeting in line with recently adopted transparency rules.
JAPAN
Mar 3, 1998

Quake-hit Kaigan Building gets new look

KOBE -- The Kaigan Building, once a symbol of Kobe's former "kyoryuchi," or foreigners' district, in Chuo Ward, has been resurrected and enlarged, after the original structure was destroyed in the 1995 Great Hanshin Earthquake.
JAPAN
Mar 3, 1998

EC calls on Japan to implement stimulus measures

Japan must implement a "substantial fiscal stimulus" to boost domestic demand and achieve sustainable economic growth, Gerard Depayre, deputy director general for external relations of the European Commission, said Tuesday.
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
Mar 3, 1998

Bill approved to grant groups corporate status

The Upper House Committee on Labor and Social Policies unanimously approved a bill Tuesday that would, for the first time, give corporate status to volunteer groups and other citizens' groups by recognizing them as official nonprofit organizations.
JAPAN
Mar 2, 1998

Qatar seeks better political, cultural ties, not just oil links

Qatar Ambassador Ahmed Abdulla Al-Khal said Monday the Gulf state wants to develop closer political, economic and cultural relations with Japan, its largest trading partner.
JAPAN
Mar 2, 1998

Court sentences Onoue to 12 years for fraud

OSAKA -- The Osaka District Court on Monday sentenced a woman once called Japan's largest individual stock investor to a 12-year prison term for fraud and breach of trust to the tune of about 274 billion yen.
JAPAN
Mar 2, 1998

Roads agency section chief held over bribes

Tokyo police arrested a section chief of the Japan Highway Public Corp. on Monday for allegedly receiving more than 1 million yen in bribes from two companies in connection with highway works contracts.
JAPAN
Mar 2, 1998

Tokyo, Okinawa to resume talks on military bases

The central and the Okinawa governments will soon resume previously stalled talks on U.S. military bases in the prefecture, a special adviser to Prime Minister Ryutaro Hashimoto on Okinawa affairs said Monday.
JAPAN
Mar 2, 1998

Universal gets go-ahead as experts urge paving of toxic waste

Staff writer
JAPAN
Mar 2, 1998

Parents cope with slaying of Japanese-Brazilian son

Staff writer
JAPAN
Mar 2, 1998

Politics seen behind EPA fudging on recession

The Economic Planning Agency concealed the opinions of some of its panel members who believe the economy entered a recession months ago, it was learned Monday.
JAPAN
Mar 2, 1998

New Kirin-Tropicana chief named

Paul G. Guilfoile has been appointed president and representative director of Kirin-Tropicana, Inc., a joint venture between Tropicana and the Kirin Beverage Corp., effective March 27, Tropicana Asia Pacific announced.

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