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July 26, 2025
 

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JAPAN
Aug 1, 1997

Ancient mirror finding seems to back Kinki-Yamatai theory

OSAKA -- Five bronze mirrors were found in a tumulus in Takatsuki, Osaka Prefecture, reinforcing the theory that the ancient kingdom of Yamatai was in the Kinki region, instead of in northern Kyushu.
JAPAN
Aug 1, 1997

Auto sales post double-digit decline

Reflecting the continuing sluggish sales after the consumption tax hike in April, domestic auto sales posted double-digit decline in July from a year ago, the Japan Automobile Dealers Association said August 1.
JAPAN
Aug 1, 1997

Japan, Australia agree to cooperate in Asia-Pacific

Japan and Australia agreed August 1 to expand cooperation for stability and prosperity in the Asia-Pacific region, according to Foreign Ministry officials.
JAPAN
Aug 1, 1997

SESC gunning for Koike

The Securities and Exchange Surveillance Commission plans to file a criminal complaint against corporate extortionist Ryuichi Koike on suspicion that he demanded financial favors from Yamaichi Securities Co., investigation sources said August 1.
JAPAN
Aug 1, 1997

Okinawa accepts heliport boring survey

The Okinawa Prefectural Government officially accepted a central government request August 1 to conduct borings at a site off Nago on the east coast of Okinawa Island as part of a survey for a sea-based U.S. military heliport facility, prefectural officials said.
JAPAN
Aug 1, 1997

War photo exhibits open in Minato

Free photo exhibitions on atomic bombings, the Battle of Okinawa and air raids over central Tokyo are being held by the Minato International Association, a cultural exchange body affiliated with the government of Minato Ward, in various places in Tokyo.
JAPAN
Aug 1, 1997

Nikkei sinks below 20,000 after computer glitch hits TSE

The Tokyo Stock Exchange suffered its worst-ever technical failure when a programming bug in the computerized trading system shut down the entire system throughout early August 1.
JAPAN
Aug 1, 1997

Ex-mayor is sentenced to two years for bribes

Sanyu Ishii, who stepped down last year as mayor of the Tokyo suburb of Komae after incurring huge gambling debts, was sentenced August 1 to two years in prison and fined 4 million yen for accepting bribes from local construction firms.
JAPAN
Jul 31, 1997

Tokyo backs Peru, Vietnam for APEC membership

Tokyo supports Vietnam and Peru in their bids to become members in the Asia-Pacific Economic Cooperation forum, Foreign Minister Yukihiko Ikeda told Australian government officials July 31, according to Foreign Ministry officials.
JAPAN
Jul 31, 1997

Airport firm boasts strict corporate ethics charter

OSAKA -- Kansai International Airport Co. announced on July 31 that it has created a charter for corporate behavior in the company, which states that if misconduct occurs, the top management will severely punish those responsible, including self-imposing punishment on the management, if necessary.
JAPAN
Jul 31, 1997

Transport Ministry says Nakhodka was unseaworthy

The Russian tanker Nakhodka, which broke apart and sank off the Sea of Japan coast in January, was too old and worn out to weather the rough seas, a Transport Ministry panel concluded July 31.
JAPAN
Jul 31, 1997

Business group suggests simpler taxes to spur land sales

The nation's land-related taxes should be simplified to spur sluggish real estate sales, the Japan Association of Corporate Executives (Keizai Doyukai) said July 31.
JAPAN
Jul 31, 1997

Ikeda refuses to specify Japan's crisis zone

Foreign Minister Yukihiko Ikeda declined July 31 to specify the geographical scope of "areas surrounding Japan" that, according to a new bilateral defense cooperation guideline, would require Japanese military support for U.S. forces in the event of war.
JAPAN
Jul 31, 1997

Ministry outlines securities, cash account deregulations

The Finance Ministry on July 31 outlined a package of securities-related deregulation measures that includes lifting a ban on cash management accounts and allowing investment trusts to be sold at banks.
JAPAN
Jul 31, 1997

Australia opposes EU emissions goal for greenhouse gases

Australia is opposed to the European Union's proposal for reducing greenhouse gas emissions from 2000, Australian Environment Minister Robert Hill said July 31, according to Foreign Ministry officials.
JAPAN
Jul 31, 1997

Homes of top Yamaichi execs raided

Investigators carried out a raid on the homes of the chairman and the president of Yamaichi Securities Co. in Tokyo on July 31 over the alleged payoffs by the brokerage to a corporate racketeer.
JAPAN
Jul 31, 1997

Fujitsu looks to take over U.S. mainframe-maker Amdahl

Fujitsu Ltd. announced July 31 it will try to purchase all shares of Amdahl stock it does not yet own at $12 per share through an open takeover bid, with the total purchase price expected to be $850 million, pursuant to its definitive merger agreement.
JAPAN
Jul 30, 1997

Analysis: Bank's penalty an attempt to assuage public

Finance Ministry's decision July 30 to order Dai-Ichi Kangyo Bank to refrain from extending loans to new customers until the end of the calendar year was an attempt to show that it is seriously trying to tackle wrongdoing in the financial markets.
JAPAN
Jul 30, 1997

Smart kids can skip senior year to enter college

Students with outstanding talent in mathematics and physics equivalent to a high school graduate level or more will be allowed to skip their last year in high school to enter college at the age of 17, the Education Ministry said July 30.
JAPAN
Jul 30, 1997

Analysis: Nomura should weather sanctions nicely

The administrative penalty imposed July 30 on Nomura Securities Co. by the Finance Ministry over payoffs to a corporate extortionist will certainly hurt the nation's leading brokerage, but the pain may not last for very long.
JAPAN
Jul 30, 1997

Nomura, DKB hit with harsh penalties

The Finance Ministry slapped administrative penalties July 30 on Nomura Securities Co. and Dai-Ichi Kangyo Bank lasting from five months to a year for their roles in one of the biggest financial scandals to hit the nation this decade.
JAPAN
Jul 30, 1997

DKB president accepts fate

Dai-Ichi Kangyo Bank President Katsuyuki Sugita said July 30 his bank solemnly accepts the administrative punishment meted out for its payoffs and dubious loans to a "sokaiya" racketeer.
JAPAN
Jul 30, 1997

How they were punished

The following is a summary of the administrative penalties levied by the Finance Ministry against Dai-Ichi Kangyo Bank and Nomura Securities Co. Dai-Ichi Kangyo was ordered to:>1. Suspend the extension of credit to new customers at all of its domestic offices from Aug. 6 to Dec. 31, with some exceptions,...
JAPAN
Jul 30, 1997

Boxers detained for visa violations

The Tokyo Immigration Bureau has detained seven foreigners, including three professional boxers from the Philippines, for allegedly working at factories and farms in Ibaraki Prefecture without proper visas.
JAPAN
Jul 30, 1997

Bolivian envoy touts seeds of investment

Bolivian Ambassador Jorge Balcazar Aranibar, who finishes his assignment and departs for home July 31, believes the seeds have been sown for a stronger relationship with Japan.
JAPAN
Jul 30, 1997

Top brokerage to cut pay of board members, punish others

Following the announcement of administrative penalties against Nomura Securities Co. for its illegal dealings with a "sokaiya" corporate extortionist, Nomura will cut the salaries of its board members and punish 25 of its employees, President Junichi Ujiie said July 30.
JAPAN
Jul 30, 1997

Posts ministry halts dealings

In a concerted action with financial authorities, the Posts and Telecommunications Ministry said July 30 it will suspend its transactions with Nomura Securities Co. and Dai-Ichi Kangyo Bank from Aug. 6 through Dec. 31 as punishment for their illegal dealings with a "sokaiya" racketeer.
JAPAN
Jul 30, 1997

'Asian' plastics firm coming home as first OSE foreigner

OSAKA -- In 1977, the yen's rise forced Showa Plastics Co. to set up its first overseas factory. The Osaka-based plastic components maker said there was "no (other) choice."
JAPAN
Jul 30, 1997

Change in Cabinet Law urged to promote practical meetings

A legal revision is needed to give the prime minister more authority in actively guiding Cabinet discussions on important issues, members of a government blue-ribbon panel on administrative reform agreed July 30.
JAPAN
Jul 29, 1997

AIDS symposium set for Yokohama

As part of a monthlong effort to educate people on AIDS, Kanagawa Prefecture and the Yokohama YMCA have organized a series of workshops and seminars for Aug. 8 to Aug. 10 at the Kanagawa Citizens' Center.
Tokyo is the No. 2 choice for international students
The University of Tokyo. International students are increasingly flocking to Asia, with affordability being a particularly important metric.
Junglia, Japan’s newest theme park, opens in northern Okinawa
In Junglia’s Dinosaur Safari attraction during a media preview on Thursday, a casual drive through a habitat for the prehistoric creatures goes haywire when several Tyrannosaurus rexes break out of containment.
Big unanswered questions follow Japan's big, beautiful deal with the U.S.
U.S. President Donald Trump on Wednesday in Washington, the day after he agreed to an 11th-hour trade deal with Japan.
Extreme heat grips Japan, even Hokkaido
The city of Obihiro in Hokkaido amid scorching heat on Thursday
Japan ties with South Korea for second most powerful passport
Japanese passport holders have visa-free access to 190 destinations out of 227 globally.
Hall of Fame always held deeper meaning for Ichiro
Ichiro presents then-Hall of Fame President Jeff Idelson with the bat he used to break the single-season hits record in 2004.
Japan leans into homegrown AI amid rising competition
McKinsey’s 2025 Technology Trends Outlook, published Wednesday, says that the use of “sovereign AI” is a trend gaining significant global traction, including in Japan.
JT picks: What not to miss at Fuji Rock 2025
Fuji Rock Festival turns the green slopes of Niigata Prefecture’s Naeba Ski Resort into a summer escape that offers soundtracks for every mood.
Japan’s top brands get tied up in the great sunscreen debate
A coral reef in Okinawa in July 2022. Some jurisdictions around the world have moved to ban certain sunscreens in a bid to protect coral reefs, but some say the impact on reefs is far from clear.
Pentagon looks to unleash ‘military drone dominance’
U.S. Secretary of Defense Pete Hegseth hosts a drone demonstration at the Pentagon in Arlington, Virginia, on July 10.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
The rise of AI companionship in a lonely Japan
By Alex K.T. Martin

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