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JAPAN
May 25, 1998

Sour loans at 18 banks add to 21.78 trillion yen

Troublesome loans at the nation's top 18 banks totaled 21.78 trillion yen as of the end of March, according to fiscal 1997 earning reports released by Monday.
JAPAN
May 25, 1998

JAS logs loss of 1.5 billion yen for fiscal 1997

Japan Air System reported 1.5 billion yen in pretax losses on sales of 325.5 billion yen for the business year that ended in March, due to a drop in per-passenger fares forced by intensifying competition, officials of the nation's third-largest airline said Monday.
JAPAN
May 25, 1998

Voters elect second female mayor

Akiko Higuchi was elected the nation's second female mayor Sunday in Hasuda, Saitama Prefecture, beating out incumbent Katsuo Ishikawa in an election with a record-low voter turnout of 52 percent.
JAPAN
May 22, 1998

J. League contender Tokyo Gas bent on survival

As dwindling attendance figures raise concerns over the future of Japan's only professional soccer league, one local Tokyo team busily preparing to join the new second division of the J. League next year is hoping that careful management will ensure its success.
JAPAN
May 22, 1998

Merging banks first to take advantage of DIC law revision

The planned merger between Fukutoku Bank and the Bank of Naniwa, two Osaka-based regional firms, will mark the first case in which merging banks, both ailing, receive financial help from the government-backed Deposit Insurance Corp., the Finance Ministry announced Friday.
JAPAN
May 21, 1998

Nonlife insurers post decline in revenues for '97

The combined annual premium revenue at the nation's five major nonlife insurance firms, for fiscal 1997, registered a year-on-year decline for the first time in the postwar era, earnings reports released Thursday showed.
JAPAN
May 20, 1998

U.S. to lobby for airport work contracts

OSAKA -- A delegation of U.S. construction company executives will travel to Nagoya and possibly the Kansai region in early June in order to press for U.S. access to airport construction projects, according to U.S. Ambassador Tom Foley.
JAPAN
May 20, 1998

Japan Telecom posts consolidated profit

Japan Telecom Co. reported 31.42 billion yen in consolidated pretax profit Wednesday, generating 8.11 billion yen in net profit on sales of 411.76 billion yen for fiscal 1997
JAPAN
May 19, 1998

Tokyo to discuss joint development with Mercosur bloc

Staff writer
JAPAN
May 19, 1998

Who could replace Hashimoto?

Staff writer
JAPAN
May 19, 1998

DirecTV customers climb to 109,000

DirecTV Japan Management Inc. had 109,000 subscribers in Japan as of Tuesday, said Chairman Gareth Chang in his first release of subscription figures since the firm was launched in December.
JAPAN
May 19, 1998

Keidanren chief passes torch to Imai

Japan has pushed deregulation forward during the past four years, but there is still more to be done, said Shoichiro Toyoda, outgoing chairman of the Japan Federation of Economic Organizations (Keidanren), at his final Keidanren press conference Tuesday.
JAPAN
May 15, 1998

Most second-tier brokerages log pretax losses for '97

Eight of the nation's nine second-tier brokerages posted pretax losses for the year that ended in March, according to earnings reports released by Friday, indicating that individual investors are still not returning to the stock market.
JAPAN
May 13, 1998

Nissan unveils 'lifecare' vehicles

To address Japan's rapidly aging population, Nissan Motor Co. will heighten its production of "lifecare" vehicles, which are specially designed for senior citizens and people with physical disabilities, the firm said Wednesday.
JAPAN
May 13, 1998

Mitsubishi Motors woos GM with GDI engine

Mitsubishi Motors Corp. said Wednesday that it may supply its environment-friendly gasoline direct-injection engine to General Motors Corp. of the United States.
JAPAN
May 13, 1998

Daimler-Benz likely to be top shareholder in Nissan Diesel

Daimler-Benz AG is likely to be the top shareholder of Nissan Diesel Motor Co., Nissan Motor Co.'s truck manufacturing affiliate, but the Japanese firm will maintain a certain stake in the truck maker, Nissan President Yoshikazu Hanawa said Wednesday.
JAPAN
May 12, 1998

Yamaichi president says official 'hint' led to loss-hiding tactic

The former president of Yamaichi Securities Co. said under oath Tuesday that a "hint" from a senior Finance Ministry official led the firm to compensate losses to a client and then hide them off its balance sheets.
JAPAN
May 12, 1998

MITI advisers want petroleum demand rules scrapped

The Petroleum Council, an advisory body to the minister for international trade and industry, basically agreed Tuesday that the government should scrap a series of measures to balance supply and demand of petroleum products, a ministry official said.
JAPAN
May 12, 1998

Nissan, Daimler explore prospects for cooperation

Nissan Motor Co. and Daimler-Benz AG are negotiating to cooperate in the areas of commercial vehicle components as well as vans and light trucks, the two companies said Tuesday.
JAPAN
May 11, 1998

Mongolia-Japan partnership at focus of Bagabandi visit

Staff writer
JAPAN
May 8, 1998

Three credit unions from Kanagawa fold

Three credit unions based in Kanagawa Prefecture effectively closed down Friday, with their operations expected to be transferred to three separate financial institutions by the end of next March.
JAPAN
May 7, 1998

New chief of Ford subsidiary looks to bring focus to dealers

Eiji Iwakuni, who on April 1 became the new president of Ford Motor Co. (Japan) Ltd., knows the carmaker did not hire him for his English-speaking ability.
JAPAN
May 1, 1998

PerfecTV, JSkyB merge to form new digital broadcaster

PerfecTV Corp. and Japan Broadcasting Co. (JSkyB) merged into a new company May 1 called Japan Digital Broadcasting Services Inc., for operation of a new service called SKY PerfecTV!
JAPAN
Apr 30, 1998

Crisis in Asia: Taiwan urged to assist struggling neighbors

Although the stability of Taiwan's economy stands out amid the financial crisis in Asia, the island cannot remain an idle spectator as neighbor countries suffer, according to Wei-Te Liu, executive adviser of the Coordinating Council on Sino-Japanese Business Affairs.
JAPAN
Apr 28, 1998

Hashimoto needs communication lessons: Fuji Xerox chief

Prime Minister Ryutaro Hashimoto must come out and explain to the people why the nation's economy is ailing and how the government's 16 trillion yen package will help the situation, a top Japanese business leader said Tuesday.
JAPAN
Apr 27, 1998

Chirac 'confident' with Japan's stimulus steps

French President Jacques Chirac said Monday he is confident that the economic stimulus measures Japan announced last week will boost the economy, adding that the nation's economic fundamentals are strong.
JAPAN
Apr 27, 1998

Crisis in Asia: Japan's recovery seen as integral to region

First in a series
JAPAN
Apr 27, 1998

Honda president to step down in June

After eight years at the helm of Honda Motor Co., President Nobuhiko Kawamoto on Monday announced he will step down in late June.
JAPAN
Apr 24, 1998

International trade show kicks off at Intex Osaka

OSAKA -- Osaka Messe-Bition '98, a six-day trade show that will introduce products and services from more than 61 countries to local consumers, opened April 24 at Intex Osaka.
JAPAN
Apr 24, 1998

Foley denies making tax plea, calls for further deregulation

OSAKA -- U.S. ambassador Thomas Foley wound up a two-day trip to the Kansai region April 24, his first since assuming the post last fall, calling on the Japanese government to deregulate further.
Tokyo emerges as a top market for global tech talent
Tokyo ranks among the world's top tech talent hubs alongside Beijing, the San Francisco Bay Area, Bengaluru, Paris, New York and Dublin, according to Colliers' newly released global tech markets report.
JSA’s 100th anniversary event is a once-in-a-lifetime chance for sumo fans
Egyptian wrestler Osunaarashi has some fun with children during a special Japan Sumo Association event in 2017.
Tens of millions of yen found at home of Aum Shinrikyo founder's wife
The house of the wife of the late Chizuo Matsumoto, the now-defunct Aum Shinrikyo doomsday cult's founder, in Koshigaya, Saitama Prefecture, in July
Japan researchers identify gut bacteria strain that boosts anticancer drugs
Researchers at the National Cancer Center Japan say a new type of gut bacteria named YB328 could help unlock the potential of cancer immunotherapy.
Living conditions index hits lowest level in 15 years in Japan
The share of respondents to a Bank of Japan quarterly survey in June who said they have become worse off came to 61.0%, up 5.1 percentage points from the previous survey.
Kawaii Lab redefines idol pop for the TikTok generation
Misa Kimura is the main producer for Kawaii Lab, a project by entertainment agency Asobisystem whose groups have found success by pairing a social media-first strategy with a fresh perspective on traditional idol-pop tropes.
Craig Mod's life in motion in a disappearing Japan
Mod's memoir “Things Become Other Things” chronicles his walking trips across the Kii Peninsula, surveying “a graceful end to a certain life cycle.”
With China and Trump, Japan defense report says world entering ‘new era of crisis’
A senior member of a Self-Defense Forces honor guard inspects a formation before the arrival of Prime Minister Shigeru Ishiba for a visit to the Defense Ministry in Tokyo on June 30.
Tokyo stocks hit by a perfect storm of tariffs, politics and budget worries
Tokyo stocks are underperforming shares in other large markets globally.
Japan researchers identify gut bacteria strain that boosts anticancer drugs
Researchers at the National Cancer Center Japan say a new type of gut bacteria named YB328 could help unlock the potential of cancer immunotherapy.

Podcast

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

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan
By Megha Wadhwa

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