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JAPAN
Apr 22, 1997

Scandal forces Nomura to reshuffle management

Nomura Securities Co. said April 22 that Managing Director Junichi Ujiie will assume its presidency May 1 in place of Masashi Suzuki. The move is aimed at improving the brokerage's public image in the wake of a scandal involving shady stock deals and payments to a firm linked to a "sokaiya" corporate...
JAPAN
Apr 21, 1997

New Vietnamese consul arrives to push Osaka trade

OSAKA -- Le Ngoc Thu, consul general for Vietnam in Osaka, said here April 21 the new consulate general will work to promote trade between Vietnam and Osaka Prefecture.
JAPAN
Apr 21, 1997

Ribbon cut to inaugurate Kansai patent center

OSAKA -- Local government and business leaders from the Kansai region gathered April 21 to officially inaugurate the area's largest depository of domestic and international patent information.
JAPAN
Apr 17, 1997

JAMA says industry will not boost exports

Japan's auto industry has no intention of increasing exports to take advantage of the yen's recent fall against the dollar, the head of the Japan Automobile Manufacturers Association said April 17.
JAPAN
Apr 16, 1997

Upper House eatery holding to pre-hike prices

Upper House members do not like the consumption tax. This may be why the chamber's restaurant has kept prices to what they were at before the levy was hiked to 5 percent on April 1.
JAPAN
Apr 16, 1997

Criminal charges sought against PNC, officials

The Science and Technology Agency has asked police to take criminal action against Power Reactor and Nuclear Fuel Development Corp. and some PNC officers over a series of accidents and ensuing coverup attempts at its atomic facilities, agency chief Riichiro Chikaoka said April 16.
JAPAN
Apr 15, 1997

Osaka, Northeast England business chambers link

OSAKA -- The Osaka Chamber of Commerce and Industry and Britain's North East Chamber of Commerce, Trade and Industry on April 15 signed a joint statement to strengthen cooperation in facilitating trade and investment, as well as to develop links between universities in the regions.
JAPAN
Apr 11, 1997

JR Tokai seeks exchange listings

Central Japan Railway Co. (JR Tokai) filed a provisional application Friday to list its shares on the Tokyo, Nagoya, Osaka and Kyoto stock exchanges, according to JR Tokai officials. JR Tokai, one of seven Japan Railway group companies created when Japanese National Railways was privatized in 1987, plans...
JAPAN
Apr 11, 1997

Fatal stabbing in Ashiya investigated

KOBE -- Police on Friday began investigating the fatal stabbing the previous night of a company president in Ashiya, Hyogo Prefecture. According to police, Akitoshi Hashimoto, 48, was stabbed in the back outside his home at around 8:10 p.m.
JAPAN
Apr 10, 1997

Killing suspect mum on motive

OSAKA -- A man arrested April 9 in connection with the fatal stabbing the same day of an 8-year-old girl refuses to elaborate on a motive for the attack, investigators said April 10.
JAPAN
Apr 9, 1997

Tsumura pleads not guilty to breach of trust

Akira Tsumura, former president of leading Chinese medicine maker Tsumura & Co., and two colleagues on April 9 pleaded not guilty to aggravated breach of trust allegations related to loan improprieties.
JAPAN
Apr 9, 1997

24,000 crank calls result in arrest of rejected comic

A resident of Chiba Prefecture has been arrested for making thousands of crank calls to the offices of Kodansha, a major publishing house, police said.
JAPAN
Apr 8, 1997

First European job fair slated

Seven European chambers of commerce and a trade commission in Japan, backed by the European Commission, will jointly hold the first European Job Fair in Tokyo this month.
JAPAN
Mar 31, 1997

Akita governor quits over wining, dining shame

Akita Gov. Kikuji Sasaki, who held office for nearly 18 years in Tohoku Prefecture, resigned Mar. 31 to take responsibility for the local government's illegal spending on wining and dining.
JAPAN
Mar 31, 1997

MITI slams unilateral U.S. trade practices

The United States' continued use of unilateral measures, including Section 301 of the 1974 U.S. Trade Act, goes against the free-trade principles of the World Trade Organization, the Ministry of International Trade and Industry said in a report released Mar. 31.
JAPAN
Mar 31, 1997

Hashimoto tries to assuage Okinawa with aid

As local antipathy lingers over the concentrated presence of U.S. military bases in Okinawa, the government of Prime Minister Ryutaro Hashimoto has been trying to show its willingness to help bring sustainable economic growth to the southernmost prefecture independent from state subsidies, a long-cherished...
JAPAN
Mar 28, 1997

Support for NCB crucial, Mitsuzuka says

Support for ailing Nippon Credit Bank, which is expected to unveil a sweeping restructuring program soon, is imperative for maintaining financial stability both at home and abroad, Finance Minister Hiroshi Mitsuzuka said Mar. 28.
JAPAN
Mar 26, 1997

Okamitsu admits taking bribes in nursing home scandal

A former top bureaucrat at the health ministry and two others pleaded guilty Mar. 26 in their first trial hearing to bribery charges in connection with the construction of special subsidized nursing homes.
JAPAN
Mar 25, 1997

Bankers' report calls for end to postal savings system

The nation's banking community drew up a report Mar. 25 calling for the privatization and subsequent breakup of the government's postal savings system, saying it was a barrier to full implementation of financial deregulation.
JAPAN
Mar 25, 1997

Foreign-made output makes up 58% of Toyota's overseas sales

Toyota Motor Corp.'s sales of vehicles produced overseas accounted for 58 percent of total overseas sales in 1996, narrowly missing its target of 60 percent, according to the firm's progress report.
JAPAN
Mar 24, 1997

Aum's Joyu gets three years on perjury, forgery

Aum Shinrikyo spokesman Fumihiro Joyu was sentenced to three years in prison Mar. 24 for his role in covering up the cult's illegal land purchase in Namino, Kumamoto Prefecture, in 1990.
JAPAN
Mar 24, 1997

Trilaterals reaffirm roles in world of change

An annual meeting of business, political and academic leaders from Japan, Europe and North America ended Mar. 24 in Tokyo with a reaffirmation of the importance of the trilateral leadership in dealing with global challenges.
JAPAN
Mar 21, 1997

Hong Kong's future secure as China set to return, exec says

With little more than three months to go before reverting to Chinese control, Hong Kong is confident it will maintain its economic prosperity and rule by law, Hong Kong's chief representative here said Mar. 21.
JAPAN
Mar 21, 1997

Expert dismayed at Orcas' condition

Dr. Paul Spong, a Canadian specialist on killer whales, expressed concern and dismay about the condition of five whales captured in Wakayama Prefecture last month.
JAPAN
Mar 20, 1997

Bonuses of implicated officials may go out of reach

The Management and Coordination Agency will seek out laws to suspend payments of bonuses and retirement allowances to national government officials who are implicated in misconduct, agency sources said Mar. 20.
JAPAN
Mar 18, 1997

Keidanren mission to visit South America

The Japan Federation of Economic Organizations (Keidanren) said Mar. 18 that it will send a six-day mission to South American countries starting Mar. 21, aimed at strengthening business ties with the region, which has entered a period of economic growth.
JAPAN
Mar 17, 1997

Kobe gets quake-safe hotel

KOBE -- A 218-room business hotel fully constructed with quake safety in mind will open Mar. 18 in the Sannomiya district here, becoming the first major hotel to open in Kobe after 1995's Great Hanshin Earthquake.
JAPAN
Mar 17, 1997

Let the lesson buyer beware, Tokyo pamphlet warns

Coinciding with the debut of consumer protection guidelines, the Tokyo Metropolitan Government published a pamphlet Mar. 17 urging Japanese to be cautious before choosing a foreign-language school.
JAPAN
Mar 15, 1997

Chief of Nomura steps down . . . again

The president of Nomura Securities Co., the nation's top brokerage, resigned Mar. 14 over the widening scandal caused by the company's illicit business practices on behalf of a firm run by a relative of a former "sokaiya" corporate extortionist.
JAPAN
Mar 13, 1997

'Big Bang' may fizzle, report says

Prime Minister Ryutaro Hashimoto's financial reforms will not work effectively unless they are coupled with drastic downsizing of the government's fiscal investment and loan program, a private economic think tank said in a report released Mar. 13.
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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