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JAPAN
Jul 17, 1997

Regional banks urged to gird for 'Big Bang'

The nation's second-tier regional banks need to make greater efforts to dispose of their nonperforming loans and prepare for the upcoming "Big Bang" financial deregulation, Finance Minister Hiroshi Mitsuzuka said July 17.
JAPAN
Jul 17, 1997

Opposition ranks form anticonservative force

A new political study group consisting of members from three opposition parties was formed July 17 with the aim of countering a possible conservative alliance centering around the ruling Liberal Democratic Party.
JAPAN
Jul 17, 1997

First-half trade surplus surges 28.4%

Japan's customs-cleared trade surplus for the first half of 1997 rose for the first time on a half-year basis since January-June 1993, according to provisional figures released July 17 by the Finance Ministry.
JAPAN
Jul 17, 1997

'Visitor' suspected of sending letter bombs

A man believed to be in his 20s frequently visited Nippon Television Network Corp. in Tokyo, asking to meet with an NTV newscaster and a teenage actress, both of whom later became targets of letter bombs, police sources said July 17.
JAPAN
Jul 17, 1997

Japan pledges loans to Indonesia

Tokyo has pledged 213.7 billion yen in economic assistance to Indonesia, Foreign Ministry officials said July 17.
JAPAN
Jul 17, 1997

Hong Kong execs say city is still in business

OSAKA -- Hong Kong's business executives and administrative officials unanimously stressed July 17 that Hong Kong will maintain its free business environment and will remain a center of finance and trade for the Asian region.
JAPAN
Jul 16, 1997

Tax cut should be linked to review

Any reduction in the present corporate tax rate should be considered after reviewing and possibly expanding the range of taxable corporate income, Finance Minister Hiroshi Mitsuzuka said July 16.
JAPAN
Jul 16, 1997

ASDF transports are ordered home

Prime Minister Ryutaro Hashimoto decided July 16 to recall three Air Self-Defense Force transport planes dispatched to Thailand to help in the possible evacuation of Japanese nationals from Cambodia. Acting on Hashimoto's instructions, Post and Telecommunications Minister Hisao Horinouchi, who is serving...
JAPAN
Jul 16, 1997

Welfare group raided over alleged fraud

OSAKA -- Osaka and Kyoto prefectural police jointly raided the main office of the Tokufukai welfare business group and more than 20 other locations July 16 over allegations that the group committed fraud involving a massive amount of government subsidies.
JAPAN
Jul 16, 1997

Ogasawaras ready to get their goats

Western technology and ideas weren't the only things Commodore Matthew Perry brought when he and his "black ships" ended Japan's policy of self-imposed seclusion in 1853. He also brought goats -- at least that's one explanation for their conspicuous presence on the Ogasawara island chain, roughly 900...
JAPAN
Jul 16, 1997

KKC chief denies swindling investors

Ichiro Yamamoto, former chairman of Keizai Kakumei Club, which was raided in June 1996 for allegedly swindling investors out of 178 million yen, pleaded not guilty July 16 to charges of fraud before the Tokyo District Court.
JAPAN
Jul 16, 1997

Open debate on disaster bills urged

KOBE -- People pushing for a disaster compensation bill, including well-known author Makoto Oda and several Diet members, visited the Hyogo governor and Kobe mayor earlier this week to explain the bill and seek support. "This is the first time we've met the governor and the mayor in this manner," said...
JAPAN
Jul 16, 1997

Shinshinto facing crisis after election loss

Ichiro Ozawa's Shinshinto, the largest opposition party, is facing a major crisis in the wake of its defeat in the recent Tokyo Metropolitan Assembly election.
JAPAN
Jul 16, 1997

Ministries told to unite on climate change

Ministries need to transcend their differences and agree to a comprehensive policy to combat global climate change if Japan hopes to successfully host the third U.N. Framework Convention on Climate Change in December, according to an environmental bureau officer at a press conference July 16 in Tokyo....
JAPAN
Jul 16, 1997

Departing German envoy discusses mutual benefits

Even though Germany is home to a number of Japanese culture centers and various collections of East Asian art, Japan should do more to promote its image there and in Europe as a whole, said departing German Ambassador Heinrich-Dietrich Dieckmann in a recent interview.
JAPAN
Jul 16, 1997

130 million yen awarded in '83 KAL jet downing

The Tokyo District Court ordered Korean Air to pay 130 million yen in damages July 16 to family members of four Japanese killed when a KAL jetliner was shot down by a Soviet fighter in 1983.
JAPAN
Jul 15, 1997

Thai minister's visit to test Japan's loyalty to Asia

This week's visit by Thailand's finance minister, following his government's decision to unfetter its baht from a dollar-dominated basket of currencies, could prove to be a test of Japan's commitment to securing stability in Asian financial markets.
JAPAN
Jul 15, 1997

JR Tokai to publicly offer 1.5 million shares

Transport Minister Makoto Koga said July 15 that 1.5 million shares in Central Japan Railway Co. (JR Tokai) will be publicly offered when the carrier goes public Oct. 8.
JAPAN
Jul 15, 1997

Nomura facing stiff punishment

The Securities and Exchange Surveillance Commission on July 15 issued a recommendation to the finance minister to take punitive action against Nomura Securities Co. and four former Nomura executives for making illegal paybacks to a "sokaiya" corporate racketeer.
JAPAN
Jul 15, 1997

Defense Agency urges crisis-response legislation

Japan should adopt comprehensive legislation to deal with armed conflicts in neighboring areas and continue to watch military trends in North Korea and China, according to the 1997 Defense White Paper.
JAPAN
Jul 15, 1997

Azabu executives indicted over hidden funds

The Tokyo District Public Prosecutor's Office indicted on July 15 the president of Azabu Building Co. and an executive in charge of financial matters on suspicion of concealing some 1.3 billion yen in a secret account to prevent creditors from claiming its assets, office sources said.
JAPAN
Jul 15, 1997

Tokyo may consult IMF on Thai baht turmoil

If necessary, Japan will hold discussions with the International Monetary Fund over how to deal with the recent instability of the Thai baht, Finance Minister Hiroshi Mitsuzuka said July 15.
JAPAN
Jul 15, 1997

Ford to produce its cars in Japan next century

DEARBORN, Mich. -- Ford Motor Co. will start producing its own vehicles at a Mazda Motor Corp. plant in Japan early in the next century, Wayne Booker, Ford vice chairman, said July 14.
JAPAN
Jul 15, 1997

Four 'sokaiya' sentenced in Ajinomoto payoffs

The Tokyo District Court on July 15 sentenced four "sokaiya" corporate racketeers to prison terms of three to five months and gave two others suspended sentences for receiving payoffs from Ajinomoto Co., the food seasoning firm, in violation of the Commercial Code.
JAPAN
Jul 15, 1997

May industrial output jumps 4.5%

Industrial output in May rose 4.5 percent from the previous month, a sizable upward revision from a preliminary increase of 3.8 percent, the Ministry of International Trade and Industry said in a report released July 15.
JAPAN
Jul 15, 1997

NPA striving for new sex industry regulations

A National Police Agency panel met for the first time July 15 to study ways to regulate dating clubs, adult video home delivery services and other activities that are not currently covered by the adult entertainment business law.
JAPAN
Jul 15, 1997

Indoor fun park to open in downtown Osaka

OSAKA -- Festivalgate, a large indoor amusement park in the Shinsekai district of Naniwa Ward here, will open July 18.
JAPAN
Jul 15, 1997

Kids establish link with Hashimoto by satellite

Ten students from across the country had the opportunity July 15 to talk with Prime Minister Ryutaro Hashimoto via a satellite television conference.
JAPAN
Jul 14, 1997

Kansai groups to make more decentralization efforts

OSAKA -- Amid growing calls that there are too many economic organizations, the Kansai Economic Federation (Kankeiren) announced July 14 that it will step up cooperation with the Kansai Committee for Economic Development (Kansai Keizai Doyukai) in the area of decentralizing government functions.
JAPAN
Jul 14, 1997

Experts comb site of mysterious GSDF training deaths

AOMORI -- Chemical experts of the Ground Self-Defense Force were analyzing air samples July 14 from a site where three soldiers died from apparent gas poisoning during a training drill late July 12.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Trump says India and Pakistan have agreed to 'immediate ceasefire'
A man stands amid debris on the roof of a damaged house, following Pakistan's military operation against India, in Rehari, Jammu, on Saturday.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
Suspect in Tokyo Metro stabbing chose station to highlight ‘educational abuse’
Yoshitaka Toda is escorted out of a police station in Tokyo's Bunkyo Ward on Friday to be sent to prosecutors.
Japan stuck at starting line in tariff talks with U.S. as U.K. inks deals
Ryosei Akazawa, Japan’s top tariff negotiator, speaks to the press on Friday. Japan and the United States are still discussing what to negotiate.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
Kazuki Nagasawa's sustainable designs are rooted in tradition
For centuries, artisans have unraveled strands of the fibrous bark of "shuro" trees to create a medley of everyday objects. Designer Kazuki Nagasawa is now transforming the traditional material into ethereal contemporary pieces.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ships Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.

Podcast

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

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

SUSTAINABLE JAPAN

Fujitsu crafts sustainable innovation for itself, society
Fujitsu crafts sustainable innovation for itself, society

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