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JAPAN
Oct 3, 1997

Hashimoto announces plans to stimulate economy

Describing the state of the economy as "extremely bad," Prime Minister Ryutaro Hashimoto said Oct. 3 the government will cut corporate tax rates and accelerate the decontrol of land transactions to give it new life.A comprehensive package of such measures will be worked out and announced by the end...
JAPAN
Oct 3, 1997

Nikko chairman, president resign over 'sokaiya' payoff scandal

The chairman and president of Nikko Securities Co. resigned along with six other executives Oct. 3 to take responsibility for the firm's involvement in a payoff scandal, completing a sweep of the Big Four brokerages humiliated by a "sokaiya" corporate racketeer.Chairman Takuya Iwasaki and President...
JAPAN
Oct 3, 1997

Emigrants to Dominican Republic slam 'misguided' plan

Sixteen representatives of Japanese emigrants to the Dominican Republic visited the Foreign Ministry on Oct. 3 to protest the nation's "misguided" emigration plan.The emigrants, accompanied by Lower House member Shozo Azuma, submitted a request demanding an official apology and compensation from the...
JAPAN
Oct 2, 1997

Actions under defense pact not deemed collective defense

Prime Minister Ryutaro Hashimoto said actions taken under the revised guidelines for Japan-U.S. defense cooperation will not be interpreted as collective defense, which is banned by the Constitution.Identifying emergency situations that "have an important influence on Japan's peace and security" as...
JAPAN
Oct 1, 1997

Hashimoto dodges Sato issue in Diet

Prime Minister Ryutaro Hashimoto dodged questions Oct. 1 over his responsibility in the failed Cabinet appointment of an ex-convict and instead repeated his reform pledge.During a Lower House plenary session, Kansei Nakano, chairman of opposition party Shinshinto's Diet Affairs Committee, urged Hashimoto...
JAPAN
Sep 29, 1997

Hashimoto opens Diet with apology over Sato

In his policy speech before the Diet on Sept. 29, Prime Minister Ryutaro Hashimoto reiterated apologies to the public for appointing a politician once convicted of bribery to the Cabinet he formed earlier this month.
JAPAN
Sep 29, 1997

Reform chief Ozato vows to have final report in November

Sadatoshi Ozato, newly appointed head of the Management and Coordination Agency believes firmly that the final report of the government's top panel on administrative reform must be completed without delay.
JAPAN
Sep 29, 1997

Nagasaki groups slam U.S. nuclear testing

After being denied requests to meet with U.S. Embassy officials in Tokyo, members of 50 Nagasaki-based antinuclear citizens' groups protested outside the embassy gates Sept. 29 over the U.S. subcritical nuclear test conducted earlier this month.
JAPAN
Sep 25, 1997

Prosecutors raid Nikko in 'sokaiya' payoff probe

Nikko Securities Co.'s head office in Tokyo was raided Sept. 25 by prosecutors and members of the Securities and Exchange Surveillance Committee in connection with the brokerage's suspected illegal payoffs to "sokaiya" corporate extortionist Ryuichi Koike.
JAPAN
Sep 22, 1997

Sato is gone but Hashimoto's problems remain

Staff writer
JAPAN
Sep 19, 1997

Osaka to promote business through 'ambassador' plan

OSAKA -- The Osaka Chamber of Commerce and Industry created a "business ambassador" system Sept. 19, in which selected businesspeople travel abroad and promote Osaka and the Kansai region to foreign firms.
JAPAN
Sep 18, 1997

Internet phone rattles industry

The recent liberalization of international Internet telephone services is leading to a variety of rates and a mushrooming of service operators.
JAPAN
Sep 18, 1997

Opposition parties seek Sato no-confidence vote

Three opposition parties agreed Sept. 18 to introduce a no-confidence resolution in the Diet against convicted bribe-taker Koko Sato, the chief of the Management and Coordination Agency.
JAPAN
Sep 17, 1997

Designer of Aum sarin plant given 14-year sentence

A former senior Aum Shinrikyo member was sentenced Sept. 17 to 14 years in prison for designing a nerve gas laboratory and building the spraying device used in the June 1994 nerve gas attack in Matsumoto, Nagano Prefecture.
JAPAN
Sep 17, 1997

Recruit's Ono given suspended sentence

Toshihiro Ono, the former chief of Recruit Co.'s presidential secretariat, was given a two-year prison term Sept. 17, suspended for three years, for selling unlisted Recruit Cosmos shares to two Diet members from 1985 to 1986.
JAPAN
Sep 17, 1997

Chinese activist gets suspended term for ramming blockade

A Chinese prodemocracy activist was sentenced Sept. 17 to one year in prison, suspended for three years, for ramming his car into a police blockade last June in front of the Chinese Embassy in Tokyo.
JAPAN
Sep 9, 1997

LDP tribal lawmakers oppose Hashimoto's reform proposals

Diet members from the Liberal Democratic Party, one day after backing Prime Minister Ryutaro Hashimoto for a second term as party president, turned against him Sept. 9, voicing fierce opposition to his administrative streamlining proposals.
JAPAN
Sep 9, 1997

Foul play called over World Cup plans

Staff writer
JAPAN
Sep 9, 1997

Yasuda Hospital execs face fresh warrants

OSAKA -- Three executives of the Yasuda Hospital group were served fresh warrants Sept. 9 for swindling the government out of 270 million yen in medical insurance by bloating staff figures at one of three hospitals under its umbrella.
JAPAN
Sep 8, 1997

Nissan Mutual customers vent anger

Individual customers of the failed Nissan Mutual Life Insurance Co. on Sept. 7 urged the Finance Ministry and commercial banks to take responsibility for helping to create a situation that will lead to reduced policy payouts.
JAPAN
Sep 8, 1997

Hongkong Bank poised to play

Sixth in an occasional series on the Big Bang financial reforms
JAPAN
Sep 5, 1997

Legal war on 'sokaiya' planned

The government has decided on a set of legal measures to root out "sokaiya" corporate racketeers and to have stricter penalties imposed against them, officials said Friday.
JAPAN
Sep 5, 1997

Team to study overseas tax systems

A subcommittee of the government's Tax Commission will dispatch a mission on a 12-day tour of four nations to study financial taxation systems abroad as part of efforts to prepare by year's end an interim report on revising Japan's financial taxes for fiscal 1998.
JAPAN
Sep 3, 1997

APEC urged to listen to less-developed states

The framework of the Asia-Pacific Economic Cooperation forum should continue to be one where less-developed members can discuss issues on an equal footing with their industrialized counterparts, visiting Chilean President Eduardo Frei Ruiz-Tagle said Sept. 3.
JAPAN
Sep 2, 1997

Legislators to draft bill guarding patients' rights

Legislators working on the reform of the health insurance system confirmed Sept. 2 that they will draft a bill for protecting patients' rights and submit it to the next regular Diet session, in January.
JAPAN
Aug 29, 1997

Prudential prepared to tailor-make new products

Fifth in an occasional series on the Big Bang financial reforms
JAPAN
Aug 29, 1997

Supreme Court backs Ienaga in textbook suit

The Supreme Court on August 29 ordered the central government to pay 400,000 yen in damages to 83-year-old historian Saburo Ienaga in the last of his three lawsuits against the Education Ministry, although it ruled that the system of screening school textbooks is constitutional.
JAPAN
Aug 28, 1997

Ruling allies approve health insurance reforms

After intensive debate, the Liberal Democratic Party and its two non-Cabinet allies agreed August 28 on a plan to rescue the nation's health insurance systems from bankruptcy.
JAPAN
Aug 27, 1997

Concerns over Olympics to be aired

OSAKA -- Opposition here to Osaka's bid to host the 2008 Olympics is gaining ground.
JAPAN
Aug 22, 1997

The Asahara Trial: Most charged found guilty

Staff writer

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?