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May 06, 2025
 

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JAPAN
Jun 20, 1997

Knife-wielding man assaults subway commuters

A man claiming to be a mobster under the influence of stimulants was arrested June 20 after pulling a knife and randomly assaulting commuters at a subway station in Tokyo's business district.
JAPAN
Jun 20, 1997

Next ANA chief wants stability after upper-level turmoil

Harmony and cooperation are his motto, says Kichisaburo Nomura, the president-designate of All Nippon Airways Co., which has been recently rocked by turmoil in top management over personnel matters.
JAPAN
Jun 18, 1997

Panel says ODA should better serve Japan's interests

Japan's national interests -- including business opportunities for Japanese companies -- should be taken into greater consideration when official development assistance is extended to a nation, a government panel said in a report released June 18.
JAPAN
Jun 16, 1997

Self-styled rice seller defends sake sales

A 61-year-old rice retailer claimed in court June 16 that his sales of "doburoku" unrefined sake are not in violation of the Liquor Tax Law, which bans the unlicensed production of alcoholic drinks.
JAPAN
Jun 13, 1997

Transport sets profit goal for Japan Freight

A Transport Ministry study group is urging Japan Freight Railway Co. to further improve its management so it can meet conditions for public listing in five years.
JAPAN
Jun 11, 1997

Posts ministry fights panel's privatization plan

The Posts and Telecommunications Ministry repeatedly stressed the need June 11 to keep postal, postal savings and insurance services in the hands of the state, saying that privatization would strip rural, unprofitable areas of their basic postal services.
JAPAN
Jun 9, 1997

Keidanren suspends DKB, Nomura over 'sokaiya' outlays

The Japan Federation of Economic Organizations (Keidanren) will suspend Nomura Securities Co. and Dai-Ichi Kangyo Bank from participation in its activities for a year due to their recent involvement in dubious activities, the federation's chairman, Shoichiro Toyoda, said June 9.
JAPAN
Jun 9, 1997

Life insurers raise dividends after seven-year hiatus

The nation's top eight insurance firms were able to boost their dividends to policyholders for the first time in seven years due to progress in writing off nonperforming loans and reducing operating costs, earnings reports released June 9 showed.
JAPAN
Jun 9, 1997

Russia, Japan agree to strengthen trade ties

Japan and Russia agreed to reinvigorate bilateral trade and economic ties by focusing on the Russian Far East, a place where the two countries can best benefit each other, government officials said June 9.
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

Sales of imported autos drop further

Sales of imported vehicles in May fell 27 percent from a year ago to 22,919 units, due in part to April's consumption tax increase to 5 percent from 3 percent, the Japan Automobile Importers' Association said June 5.
JAPAN
Jun 4, 1997

Indian ambassador proud of reform successes

India's economic reforms launched six years ago have made smooth progress and are producing satisfactory results despite a few changes of government in the past year, new Indian Ambassador Siddharth Singh said June 4.
JAPAN
Jun 3, 1997

Chairman of Matsushita becomes Sir Matsushita

OSAKA -- Masaharu Matsushita, chairman of Matsushita Electric Industrial Co., was appointed June 3 a Knight Commander of the Most Excellent Order of the British Empire for his contributions toward strengthening bilateral ties in business and other areas.
JAPAN
Jun 2, 1997

Kankeiren woos NTT headquarter move to Osaka

OSAKA -- Yasuo Shingu, chairman of the Kansai Economic Federation (Kankeiren), June 2 expressed hope that Nippon Telegraph and Telephone Corp. will set up its western regional headquarters in Osaka after its expected breakup.
JAPAN
May 30, 1997

Education council airs reform plan

Respect for a student's individuality will be the key to reforming school education in Japan -- known for its uniformity and conformity -- for the 21st century, an advisory panel to the education minister said May 30.
JAPAN
May 26, 1997

'Kaiware' farmers sue state over reported link to E. coli

OSAKA -- The Osaka District Court opened hearings May 26 in a 53 million yen compensation suit filed by farmers in Habikino, Osaka Prefecture, over a state announcement that linked "kaiware" daikon sprouts from their farm to the O-157 E. coli epidemic last summer.
JAPAN
May 23, 1997

McGill University to offer MBA program

In association with Sophia University, a Canadian university will launch the first foreign graduate degree program in Japan in July of next year, officials announced May 23.
JAPAN
May 23, 1997

Survey of foreigners leaves Tokyo officials amazed

The Tokyo Metropolitan Government unveiled May 23 the results of its first comprehensive poll on living conditions for foreign residents in Tokyo, which it says is one of the largest ever conducted on foreigners in Japan.
JAPAN
May 23, 1997

JR Tokai's net profit jumps 34.7%

Central Japan Railway Co. said May 23 that it posted a pretax profit of 66.3 billion yen in the 1996 business year, up 6.1 percent from the previous year, on operating revenues of 1.15 trillion yen.
JAPAN
May 22, 1997

Asahi Solar ordered to halt 'persistent' sales practices

The Ministry of International Trade and Industry and the Tokyo Metropolitan Government on May 22 ordered Asahi Solar Co. of Oita, a leading maker of solar water heaters, to halt its aggressive home-call sales tactics, authorities said.
JAPAN
May 21, 1997

Tokyu laying track to ease crowded trains

Construction is now in full swing to ease one of the most notorious problems in Tokyo -- overcrowded trains during rush hour.
JAPAN
May 20, 1997

Many voices join in battle over 'comfort woman'

Nationwide debate over "comfort women" will probably not end soon. Did wartime Japanese authorities really abduct Korean women for sex slavery, and is it the key question? Should school textbooks cover the issue and should Japan alone be mentioned regarding such practices?
JAPAN
May 19, 1997

Nissan Motor offers jobs, not money to aid failed insurer

Instead of providing a large sum of financial support to deal with the failure of Nissan Mutual Life Insurance Co., Nissan Motor Corp. is ready to accept the insurance company's employees, the president of Nissan Motor said May 19.
JAPAN
May 9, 1997

Tepco promises rate cuts next year

Tokyo Electric Power Co. will reduce electricity rates early next year as a result of the utility's progress in streamlining management, Tepco President Hiroshi Araki told a news conference May 9.
JAPAN
May 8, 1997

Religious group Ho-no-Hana failed to report income

A controversial religious group in Shizuoka Prefecture has failed to report some 4.7 billion yen in income, tax officials said May 8.
JAPAN
May 8, 1997

Banks must gear up for the Asian economic era

Asia, with its huge thirst for capital and infrastructure investment, will be an area of increasing importance for Japanese financial institutions in the years ahead, according to the chairman of Fuji Bank.
JAPAN
Apr 30, 1997

Hokkaido officials return taxpayers' money

Officials at the Hokkaido Prefectural Government on April 30 refunded a total of 180 million yen, including interest, to the government's finance office.
JAPAN
Apr 28, 1997

Vehicle exports post first rise in five years

Exports of passenger cars, trucks and buses increased 6.2 percent to 3.85 million units in the 1996 business year from the previous year, marking the first increase in five years, the Japan Automobile Manufacturers Association reported April 28.
JAPAN
Apr 25, 1997

NCB, Bankers Trust formally announce tieup

Nippon Credit Bank and Bankers Trust Company formally announced April 25 their agreement to collaborate on securitization of transactions and overseas financial business operations and to hold shares in each other.
JAPAN
Apr 25, 1997

Top strategist leaves Nomura

Nomura Securities Co.'s chief strategist, Atsushi Mizuno, will resign at the end of the month to take a similar position with the Tokyo operation of Deutsche Morgan Grenfell Capital Markets Ltd. on May 1, company sources said April 25.
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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