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JAPAN
Sep 29, 1997

Closure of JR Building ends an era

The JR Building, which once housed the former head offices of the Japanese National Railways, will be closed Sept. 29, putting an end to a 60-year history that encompassed the defunct Railway Ministry.
JAPAN
Sep 26, 1997

Broker Sanyo seeks extra bank financing

Ailing Sanyo Securities Co. disclosed Sept. 26 that it is seeking additional financial assistance from the three banks with which it has close ties in an effort to improve its balance sheets.
JAPAN
Sep 25, 1997

Thai economic crisis puts a dent in carmakers

Staff writer
JAPAN
Sep 22, 1997

Aoki president denies market rumors

The president of medium-size general contractor Aoki Corp. denied market rumors Sept. 22 that his firm was in a financial crisis, stressing that the company has been steadily reducing its debts.
JAPAN
Sep 19, 1997

Hokkaido Takushoku urged to seek local backing

Troubled Hokkaido Takushoku Bank should first look for support from local business circles in increasing its capital, the president of Asahi Mutual Life Insurance Co. said Sept. 19.
JAPAN
Sep 16, 1997

MITI chief vows to tackle 'global megacompetition'

Mitsuo Horiuchi, the newly appointed minister of international trade and industry, is determined to push through "drastic policies" to accelerate deregulation and create a level playing field for Japanese companies competing in this era of "global megacompetition."
JAPAN
Sep 12, 1997

BOJ outlines new structural reorganization plan

The Bank of Japan partially outlined an organizational reform plan Sept. 12 that would streamline its operations starting in April 1998.
JAPAN
Sep 12, 1997

U.S. urges Japan to take market-opening steps

The United States renewed calls on Japan to eliminate the Large-Scale Retail Store Law and other obstacles blocking the penetration of foreign products into the Japanese market, Japanese government officials said Sept. 12.
JAPAN
Sep 10, 1997

Police officer admits taking bribes

OSAKA -- A police officer pleaded guilty Sept. 10 to charges of accepting 8.2 million yen for leaking information to a man at the center of a fraud investigation, letting him know when detectives would be following him.
JAPAN
Sep 9, 1997

Nonmanufacturers see fall in sales, profits for quarter

Sales for nonmanufacturing firms fell 1 percent in the April-June quarter from the same period last year, while current profits dropped 4.9 percent, according to the results of a quarterly Finance Ministry survey released Sept. 9.
JAPAN
Sep 8, 1997

Nisshin Steel forms holding firm

Nisshin Steel Co. on Sept. 8 announced the formation of a holding company for its U.S. subsidiary in New York last Sept. 2 to prepare for the expansion of U.S. business in the future.
JAPAN
Sep 5, 1997

Mitsuzuka unfazed by rising surplus

Finance Minister Hiroshi Mitsuzuka reiterated Friday that the nation's current account surplus will not mark any significant increase in the long term.
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

Shippers to suffer if sanctions prolonged

The U.S. enforcement of sanctions against three shipping lines Thursday comes amid growing signs of renewed economic friction between the two nations. If prolonged, it would be a serious blow to the firms, but damage to the overall Japanese economy is expected to be minimal.
JAPAN
Sep 3, 1997

Tourists prefer bayside boondoggle to Disney

Emerging as one of most popular tourist spots in Tokyo, the waterfront development area along Tokyo Bay attracted 3.31 million visitors during this year's summer holiday season, exceeding the number of people who visited Tokyo Disneyland in Chiba Prefecture.
JAPAN
Sep 3, 1997

Execs, teachers to offer the shy a chance to shine

Business executives and academic leaders announced Sept. 3 the launch of a unique foundation with the aim of teaching bashful Japanese individuals how to effectively express themselves.
JAPAN
Sep 3, 1997

ASEM aims to bolster regional investment

Staff writer
JAPAN
Sep 1, 1997

Japan, Chile agree on extending aid, promoting ties

Chilean President Eduardo Frei Ruiz-Tagle and Prime Minister Ryutaro Hashimoto agreed Sept. 1 to cooperate in promoting economic aid to third countries in Central America and the Caribbean, Foreign Ministry officials said.
JAPAN
Aug 26, 1997

Aum regaining strength, surveillance operation reveals

Aum Shinrikyo has regained its organizational strength and expanded its activities since it was spared disbandment in January under the Antisubversive Activities Law, the Public Security Investigation Agency said August 26.
JAPAN
Aug 25, 1997

Netanyahu woos Japan's high-tech sector

Stressing Israel's status in high-technology manufacturing, Prime Minister Benjamin Netanyahu on August 25 called on Japanese firms to take part in joint-venture projects.
JAPAN
Aug 22, 1997

Division of posts ministry proposed by reform council

The Administrative Reform Council has proposed privatizing the life insurance business operated by the Posts and Telecommunications Ministry and placing two of its other major operations -- postal savings and delivery -- under a new governmental agency.
JAPAN
Aug 21, 1997

Panel gives glimpse of next government

The government's blue-ribbon panel on administrative reform concluded Aug. 21 that the government should be revamped into a Cabinet Office, 10 ministries and two agencies by January 2001.
JAPAN
Aug 20, 1997

Japan, China to discuss issues of WTO and tariffs

Japan and China will hold a fresh round of negotiations in Tokyo next week on Beijing's admission to the World Trade Organization, government officials said Aug. 20.
JAPAN
Aug 18, 1997

Prime minister, Cabinet urged to have more clout

The authority of the prime minister and the functions of the Cabinet should be strengthened, the 13 members of the Administrative Reform Council, headed by Prime Minister Ryutaro Hashimoto, agreed Aug. 18.
JAPAN
Aug 14, 1997

Yamaichi employee dies after street stabbing

An employee of Yamaichi Securities Co. was stabbed in the stomach on a Tokyo street late Aug. 14. He was rushed to a hospital but died soon afterward from loss of blood, police said. The man, identified by business cards found on the body, was 57-year-old Koichiro Tarutani, chief of the securities company's...
JAPAN
Aug 8, 1997

Forest reform panel suggests firing, privatization,

The ruling Liberal Democratic Party's working groups on forestry decided on a fundamental reform plan to streamline state-owned forestry operations on August 8, calling for a two-thirds reduction in the number of workers, to 5,000.
JAPAN
Aug 5, 1997

DKB, Nomura penalties take effect today

Administrative penalties against Dai-Ichi Kangyo Bank and Nomura Securities Co. for their payoffs to a "sokaiya" corporate extortionist take effect August 6.
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

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

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.
Why are rice prices still high in Japan?
Amid shortages, the price of a 5-kilogram bag of rice during the week of April 14 was ¥4,220.
Police arrest man after body of ex-girlfriend found under his home
Hideyuki Shirai (center) at Tokyo's Haneda Airport on Saturday
Dollar’s decline is fueling dislocations across Asian currencies
A worker counts U.S. dollar banknotes at a currency exchange office in Jakarta, Indonesia, in 2022.
Worker shortage forcing home care providers to turn away clients, survey finds
A survey by a labor union of home care business operators and care managers found that nearly 90% of facility managers had turned down service requests at least once during the past year, citing insufficient staffing.
Tariff talks with U.S. seen influencing Japan's Upper House election
Prime Minister Shigeru Ishiba speaks to reporters about Japan-U.S. tariff negotiations at his official residence on Saturday.
Why are rice prices still high in Japan?
Amid shortages, the price of a 5-kilogram bag of rice during the week of April 14 was ¥4,220.
Plug and Play wants to help Japanese startups go global
Phillip Vincent (right), Japan CEO of Plug and Play, and Ma Jingqian, head of ventures, at Plug and Play's Tokyo office, last month
Kotomi Li: 'I refuse to choose death'
Since 2017, Kotomi Li has won some of Japan’s top literary awards and built a formidable career in the face of persistent online harassment. “Authors are tenacious creatures to begin with,” she says.
Want to see the future at the Osaka Expo? Get in line.
“‘Future of life,’ by Ishiguro,” the World Expo pavilion by roboticist Hiroshi Ishiguro, displays humanlike androids.
Despite shifts in Japan's political landscape, constitutional revision still far off
Prime Minister Shigeru Ishiba has been a staunch advocate for constitutional reform.

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

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