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JAPAN
Jul 14, 2000

Heo queried over alleged bribery fund

Heo Young Joong, a former real estate developer on trial in the Itoman case, has recently been questioned by prosecutors over 1 billion yen that he allegedly gave the former chairman of Wakachiku Construction Co. as funds for bribing lawmakers, investigation sources said Thursday.
JAPAN
Jul 8, 2000

Kamei, Torashima on donations list

Shizuka Kamei, policy chief of the Liberal Democratic Party, and Kazuo Torashima, newly appointed Defense Agency chief, are among the recipients of political donations from Wakachiku Construction Co., it was learned Friday.
JAPAN
Jul 7, 2000

Man arrested for allegedly conspiring to sell fake cigarettes

Police have arrested a 66-year-old real estate company employee for allegedly conspiring to sell counterfeit Mild Seven Lights and Seven Stars, both popular cigarette brands sold by Japan Tobacco Inc., police said Thursday.
JAPAN
Jul 3, 2000

Detention of ex-minister Nakao extended

The Tokyo District Court has decided to allow former Construction Minister Eiichi Nakao to be detained for another 10 days through July 11, sources said Sunday.
JAPAN
Jul 2, 2000

The 'island' village among giants

Though it's one of Tokyo's busiest school districts, the area around JR Yoyogi Station lacks the lively atmosphere that marks other teenage haunts.
JAPAN
Jul 1, 2000

Ex-construction minister arrested in bribery case

Former Construction Minister Eiichi Nakao was arrested Friday on suspicion of accepting some 30 million yen in bribes in 1996 in connection with the Construction Ministry's selection of designated bidding companies.
JAPAN
Jun 26, 2000

Tobacco scam included sales

A 58-year-old company president arrested Saturday for possessing thousands of packs of counterfeit cigarettes in apparent violation of the Trademark Law is also suspected of marketing the tobacco in violation of the Tobacco Business Law, police sources said Sunday.
JAPAN
Jun 25, 2000

Aum-staffed PC shop opens after week delay

A personal computer shop run by two human rights activists and staffed by eight followers of Aum Shinrikyo opened for business Saturday in Tokyo's Chiyoda Ward, one week after the scheduled opening.
JAPAN
Jun 25, 2000

Osaka seen as new way station for illegal aliens

OSAKA — In the back streets beside Osaka's Kyobashi Station, pachinko parlors, massage parlors, or "soap lands" (brothels), restaurants and karaoke rooms are packed together in an area not more than two square blocks.
JAPAN
Jun 22, 2000

LDP snubs own to back ally's man

Kensaku Morita, who before the dissolution of the Lower House was a Liberal Democratic Party lawmaker, is running as an independent in the Tokyo No. 4 constituency in Sunday's election because of what he calls an "unreasonable" decision by the LDP to back a candidate from one of the party's coalition...
BUSINESS
Jun 22, 2000

Good management heeds environment, not culture: scholars

The economic performances of Japan and the United States have contrasted sharply over the past two decades, with Japan's boom in the 1980s and the strong U.S. recovery in the 1990s exposing differences in management styles and the changing nature of models of success.
JAPAN
Jun 22, 2000

Detected tax evasion plummets

Tax evasion detected in fiscal 1999 was the lowest since the collapse of the bubble economy in the early 1990s, amounting to 31.61 billion yen, down 7.8 billion yen from the previous year, according to a report released Wednesday by the National Tax Administration.
BUSINESS
Jun 21, 2000

Economy progressing toward self-sustained growth: EPA

Economic Planning Agency on Tuesday upgraded its assessment of the economy for the second consecutive month and said it is gradually approaching a self-sustaining recovery.
JAPAN
Jun 20, 2000

Scandal-tainted kingmaker also a 'caring man'

The political career of the late Noboru Takeshita was rocked by a series of scandals that forced him to largely wield his influence from behind the scenes after he stepped down as prime minister in 1989.
ENVIRONMENT
Jun 19, 2000

Project Phoenix: sitting by the phone

The SETI Institute, based in Mountain View, Calif., is currently conducting the world's most sensitive and comprehensive search for extraterrestrial intelligence, Project Phoenix. Phoenix searches for signs of other civilizations by listening for radio signals directly transmitted from other planets,...
JAPAN
Jun 17, 2000

Hiding Heo won't lead to prison time

The Tokyo District Court handed a 39-year-old woman a suspended 18-month prison term Friday for harboring bail-jumper Heo Young Joong, a former real estate developer now on trial before the Osaka District Court for financially damaging the defunct trading firm Itoman Corp.
BUSINESS
Jun 17, 2000

Second-tier banks regained profits in '99

Second-tier regional banks returned to profitability in fiscal 1999 for the first time in four years due largely to a substantial drop in bad-loan writeoffs and profits from share sales, an industry association said Friday.
BUSINESS
Jun 15, 2000

Miyazawa advocates reserve budget

Finance Minister Kiichi Miyazawa said Wednesday that the 500 billion yen reserve budget should be used to shore up the economy soon after the June 25 general election, bolstering the ruling coalition's joint campaign pledge.
BUSINESS
Jun 9, 2000

Banks infused with public funds lend more

The 15 Japanese banks that received injections of public funds increased their lending to small and midsize firms by a total of 4.25 trillion yen in fiscal 1999, exceeding the 2.99 trillion yen increase previously pledged, the Financial Reconstruction Commission said Thursday.
BUSINESS
Jun 9, 2000

Machinery orders record fourth month of decline

Core private-sector machinery orders in Japan shrank a seasonally adjusted 1.1 percent in April from March, marking the fourth consecutive month of decline, the Economic Planning Agency said Thursday.
JAPAN
Jun 4, 2000

FRC, Softbank-led group near NCB deal

The Financial Reconstruction Commission and a consortium led by Softbank Corp. have bridged their differences over the purchase of the failed Nippon Credit Bank, a participant in the negotiations said Saturday.
LIFE / Food & Drink / TOKYO FOOD FILE
May 25, 2000

On a culinary cruise in Akasaka

We have numerous restaurants which bear the name of their chefs, owners or svengalis. But Denis Allemand is perhaps the first to proudly boast the name of the man responsible for its interior design -- whose main work in Japan up to now has been producing deli-diners in airport departure lobbies for...
BUSINESS
May 24, 2000

Brokers must inform about risks

The House of Representatives on Tuesday passed and enacted an investor protection bill that obliges brokers to inform investors of the risks involved when investing in specific financial products.
BUSINESS
May 23, 2000

'99 tertiary industry logs 2% growth

Activity in Japan's tertiary industries grew 2 percent in fiscal 1999 over the previous period for the first year-on-year rise in three years, according to a preliminary report issued Monday by the Ministry of International Trade and Industry.
BUSINESS
May 20, 2000

Mitsubishi group's net profits drop 78% to 5.57 billion yen

Trading house Mitsubishi Corp. said Friday that its group net profits plunged 78 percent to 5.57 billion yen in fiscal 1999, on sales of 13.109 trillion yen, down 4.2 percent.
JAPAN
May 13, 2000

Mori reports assets totaling 130 million yen

Prime Minister Yoshiro Mori owned some 130 million yen in personal and family assets as of April 5, the day his Cabinet was launched, according to government data released Friday.
BUSINESS
May 13, 2000

NEC drags itself back into the black

NEC Corp. is back in the black after posting 30.2 billion yen in consolidated pretax profit for the business year that ended March 31, the major computer and chip manufacturer reported Friday.
JAPAN
May 10, 2000

Landlord poll finds a quarter turn elderly away

About 25 percent of real estate agents and other property managers said they have denied elderly clients a lease on such grounds as difficulty in dealing with sudden illness, an industry survey said earlier this week.

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