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JAPAN
Jul 11, 1997

LDP presents plan to pare state financiers

After months of wrangling, a special task force of the ruling Liberal Democratic Party announced July 11 its final plan to streamline government-affiliated financial institutions, including abolition of the Japan Development Bank in 1999.
JAPAN
Jul 11, 1997

Agency to examine dioxin, other 'environment hormones'

The Environment Agency will launch a comprehensive fact-finding study on the effects of what are called "environmental hormones," such as dioxin and polychlorinated biphenyl, on fish, birds and other wildlife, agency sources said July 11.
JAPAN
Jul 9, 1997

Panel ready to tackle postal privatization

Prime Minister Ryutaro Hashimoto's blue-ribbon reform panel will take up this month the highly controversial issue of privatizing the Posts and Telecommunications Ministry's postal, postal savings and postal insurance services, a high-ranking official said July 9.
JAPAN
Jul 4, 1997

Bad loans down to 28 trillion yen in March

The balance of nonperforming loans held by the nation's financial institutions came to 27.9 trillion yen as of the end of March, with 4.68 trillion yen estimated requiring disposal as losses, according to Finance Ministry figures released July 4.
JAPAN
Jul 3, 1997

Official use of 'hanko' may be coming to an end

The government started examining July 3 the possible abolition of current regulations that require the public to use "hanko" seals for administrative formalities, according to a high-ranking government official.
JAPAN
Jul 2, 1997

1996 surplus reaches 437.4 billion yen

A total surplus of 437.4 billion yen was recorded after the government settled its general account for fiscal 1996, which ended in March, the Finance Ministry announced July 2.
JAPAN
Jul 1, 1997

Ruling party wants PNC to remain

The ruling Liberal Democratic Party's special team on administrative reform decided July 1 to recommend the government streamline but not abolish the much-troubled Power Reactor and Nuclear Fuel Development Corp., or PNC.
JAPAN
Jun 27, 1997

Prosecutors widen probe into dubious DKB loans

The Tokyo District Public Prosecutor's Office questioned Tadashi Okuda, former chairman of Dai-Ichi Kangyo Bank, and former consultant Kuniji Miyazaki on June 27 over the bank's alleged loans to a "sokaiya" corporate racketeer.
JAPAN
Jun 26, 1997

Textbook screening gets ministry's special treatment

Politically biased, sometimes inconsistent and ineffective, but otherwise reasonable.
JAPAN
Jun 26, 1997

Hashimoto may visit Hong Kong in fall

Prime Minister Ryutaro Hashimoto may visit Hong Kong in early September on his way to or from Beijing to demonstrate Japan's strong support for the British colony's continued prosperity, government sources said June 26.
JAPAN
Jun 25, 1997

NPA chief says foreigners, terrorism wrecking public safety

The head of the National Police Agency said June 24 that Japanese are becoming increasingly fearful for their safety due to a series of recent terrorist acts here and abroad, as well as an increasing number of crimes committed by foreigners living in Japan.
JAPAN
Jun 24, 1997

American Malls remains optimistic about Japan plan

Despite what appears to be firm opposition from the agriculture ministry, American Malls International, a Washington-based developer, seems hopeful of opening a huge shopping mall in Moriya, Ibaraki Prefecture.
JAPAN
Jun 24, 1997

Four nations urge U.N. to work on environment

NEW YORK -- Four countries on four continents launched a joint initiative June 23 aimed at giving the United Nations new impetus to revitalize the spirit of the 1992 Earth Summit in Rio de Janeiro and achieve sustainable development while tackling environmental problems.
JAPAN
Jun 24, 1997

Corporate Governance: Ethics charter just a start

There are ways to prevent corporate scandals, and the key to prevention is the attitude of corporate executives, according to an executive at Japan's largest economic organization.
JAPAN
Jun 23, 1997

Automaker Nissan turns back on failed insurer's staff

Nissan Motor Co. threw cold water June 23 on bankrupt Nissan Mutual Life Insurance Co. by saying special treatment for Nissan Mutual employees applying to the automaker would not be provided.
JAPAN
Jun 20, 1997

Insurers finalize Nissan Mutual liquidation scheme

The Life Insurance Association of Japan endorsed a liquidation scheme June 20 for Nissan Mutual Life Insurance Co. that will create a new entity to manage its policies and write off an estimated 100 billion yen worth of the failed insurer's debts over a period of five years.
JAPAN
Jun 18, 1997

Ruling alliance emerges from Diet session intact

One-hundred fifty days, some 100 laws and 16 treaties later, the ruling partnership is still intact, at least on the surface.
JAPAN
Jun 17, 1997

Japan set record for carbon dioxide emissions in '95

Japan released a record amount of carbon dioxide into the air in fiscal 1995, the Environment Agency reported to a Cabinet meeting June 17.
JAPAN
Jun 16, 1997

The pill creeps closer to contraceptive status

The Public Health Council drafted a report June 16 that effectively approves low-hormone birth control pills on condition that measures against the spread of sexually transmitted diseases be strengthened.
JAPAN
Jun 13, 1997

Top surgeon backs brain-dead transplants

Full disclosure of information, fairness and the best efforts of those involved will be crucial when the nation resumes organ transplants from brain-dead donors, a liver transplant expert told a Diet hearing June 13.
JAPAN
Jun 12, 1997

Hashimoto to announce environment plan at U.N.

Prime Minister Ryutaro Hashimoto will formally announce an "Initiative for Sustainable Development" aimed at boosting Japan's assistance in environmental protection in developing nations, government sources said June 12.
JAPAN
Jun 12, 1997

LDP council to evaluate judiciary system

The ruling Liberal Democratic Party on June 12 set up a special research council on the nation's judicial system, hoping to greatly increase the number of jurists and to improve their quality, according to Okiharu Yasuoka, a LDP Lower House member and deputy head of the council.
JAPAN
Jun 11, 1997

University designs green mice that glow in the dark

Biologists at Osaka University have created genetically-altered mice that glow green in the dark and claimed June 11 that they have bred "the world's first light-emitting mammals."
JAPAN
Jun 10, 1997

Shinshinto pushes for security laws for 21st century

Shinshinto, the largest opposition party, called for new legislation to deal with security-related emergencies in a set of plans announced June 10 to prepare the country for the 21st century.
JAPAN
Jun 10, 1997

JOC inspectors check out Osaka's prospects

Nine members of the Japan Olympic Committee arrived in Osaka on June 10 for a two-day inspection tour of athletic venues and other sites at which the city hopes to hold the 2008 Summer Olympics.
JAPAN
Jun 6, 1997

Okamitsu tells Diet 60 million yen he got was a loan

Nobuharu Okamitsu, a former vice health minister now on trial on charges of taking 60 million yen in bribes from the head of a welfare business group, said in unsworn testimony June 6 at the Diet that he received the money as a temporary loan.
JAPAN
Jun 5, 1997

Japan to go to bat for environment at G-7 summit

Japan is ready to step to the plate at the upcoming G-7 meeting in Denver as the environment's cleanup hitter. Then again, it might not even take its bat off its shoulder.
JAPAN
Jun 5, 1997

DKB chief admits 'sokaiya' had influence

Dai-Ichi Kangyo Bank President Katsuhiko Kondo admitted June 5 that DKB executives had maintained cozy relations with a late powerful "sokaiya" leader, and that the man even influenced personnel matters at the major commercial bank.
JAPAN
Jun 3, 1997

Lower House approves live airing of testimony

A bill to allow live broadcasts of testimony in the Diet cleared the Lower House on June 3 with the support of all political parties.
JAPAN
May 20, 1997

Kajiyama names Nomura account holders in Cabinet

In a reversal of his earlier stance, Chief Cabinet Secretary Seiroku Kajiyama released late May 20 the names of four Cabinet members who have dealt with and may still hold accounts with Nomura Securities Co.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami