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JAPAN
Sep 11, 1998

Toyota to raise stake in Chiyoda to 47.1%

Toyota Motor Corp. will increase its stake in Chiyoda Fire & Marine Insurance Co. from the 37.1 percent at present to 47.1 percent by the end of September to strengthen Chiyoda's financial backbone and ties between the two firms, the automaker announced Friday.
JAPAN
Sep 11, 1998

Too much, too little, too late?

Prime Minister Keizo Obuchi instructed his Cabinet ministers Friday to work out measures that will double people's living, business and recreational space within five years, and create some 500,000 new jobs through economic structural reform within the next two years.
JAPAN
Sep 11, 1998

Mitsubishi heavyweights form financial services alliance

In a strategic move to secure an edge over competitors amid ongoing "Big Bang" financial deregulations, four financial firms in the Mitsubishi group announced Friday they are forming a business alliance that will provide a wide range of new financial services.
JAPAN
Sep 10, 1998

Economic council targets 14 issues for recovery

An advisory panel to Prime Minister Keizo Obuchi on Thursday selected 14 main issues that it will address in its attempt to help the government achieve full-scale economic recovery within two years.
JAPAN
Sep 9, 1998

BOJ slashes call rate in monetary rescue action

In a surprise move, the Bank of Japan's Policy Board agreed Wednesday to further ease monetary policy by guiding the weighted average of the overnight call money rate down to around 0.25 percent per year.
JAPAN
Sep 9, 1998

North Korea reactor aid to remain frozen

The government will continue to freeze assistance for light-water nuclear reactor projects in North Korea, Chief Cabinet Secretary Hiromu Nonaka said Wednesday.
JAPAN
Sep 8, 1998

G-7 meeting likely to avoid Russia issue

Senior officials of the Group of Seven industrialized nations are unlikely to devise a program at their weekend meeting to assist the troubled Russian economy, Finance Minister Kiichi Miyazawa said Tuesday.
JAPAN
Sep 8, 1998

Banking industry backs government bailout plan

Satoru Kishi, chairman of the Federation of Bankers Associations of Japan, expressed support Tuesday for the government's plan to inject public money into ailing banks to prevent failures.
JAPAN
Sep 8, 1998

Ministry may alter entrance exam rules

Education Minister Akito Arima indicated Tuesday that his ministry may reconsider its current stance on the entrance of graduates from "unauthorized" universities to graduate programs at state-run institutions.
JAPAN
Sep 8, 1998

Opposition plan targeted by the FSA

A top official of the Financial Supervisory Agency on Tuesday voiced disapproval at a portion of the financial-stabilization bills submitted by opposition parties to the Diet.
JAPAN
Sep 7, 1998

Okinawa draws more tourists as air fares, yen fall

NAHA, Okinawa Pref. -- Constant conflict over the presence of U.S. military bases and tragic old war stories keep Okinawa in the news.
JAPAN
Sep 7, 1998

Rengo pressures Obuchi to fulfill job, tax cut promises

The Japanese Trade Union Confederation (Rengo) urged the government Monday to make good on its promised tax reductions, including 4 trillion yen in income tax cuts.
JAPAN
Sep 7, 1998

North Korea remains on condemned list

Although it remains unclear what exactly North Korea launched over Japan on Aug. 31, the government's condemnation of Pyongyang's act still stands, Chief Cabinet Secretary Hiromu Nonaka said Monday.
JAPAN
Sep 4, 1998

Nissan plans transmission firm in 1999

Nissan Motor Co. will establish a new automatic transmission manufacturing company in the summer of 1999, the company said Friday.
JAPAN
Sep 4, 1998

Miyazawa urges review of bank-screening criteria

Screening criteria to determine whether public funds should be infused into banks should be revised, Finance Minister Kiichi Miyazawa indicated Friday, saying the current standards are difficult to understand.
JAPAN
Sep 3, 1998

Hitachi to post 100 billion yen loss, slash work force

Hitachi Ltd. will post pretax losses of 100 billion yen in the 1998 business year to next March 31, marking its first plunge into red ink for the postwar period, company officials announced in revised earnings forecasts Thursday.
JAPAN
Sep 2, 1998

Kan airs views on LTCB issue

Naoto Kan, president of the Democratic Party of Japan, called on the government and the ruling Liberal Democratic Party Wednesday to establish clear rules for dealing with the ailing Long-Term Credit Bank of Japan, indicating he is not necessarily opposed to the injection of public funds to save the...
JAPAN
Sep 1, 1998

L.A. tourist bureau opens full-time branch in Tokyo

The Los Angeles Convention & Visitors Bureau has opened in Tokyo its first full-time international office outside North America, delegates from the city announced Tuesday.
JAPAN
Aug 31, 1998

Sakura seeks to raise 300 billion yen in share issue

Sakura Bank plans to increase its capital by about 300 billion yen within this fiscal year by requesting major firms under the Mitsui group, the bank's largest shareholder, and other clients to purchase new shares, bank officials said Monday.
JAPAN
Aug 27, 1998

Huddle held on teamwork in Diet

The heads of three opposition parties pledged on Thursday to strengthen their cooperation.
JAPAN
Aug 26, 1998

Nonaka urges execs to return retirement bonuses

Chief Cabinet Secretary Hiromu Nonaka put indirect pressure Wednesday on former executives of the ailing Long-Term Credit Bank of Japan to return their lump-sum retirement grants.
JAPAN
Aug 26, 1998

No state policy set on bank mergers, Miyazawa claims

Finance Minister Kiichi Miyazawa denied Wednesday that the government already has a set policy of supporting future mergers involving major banks.
JAPAN
Aug 25, 1998

Defense chief intends Okinawa visit before U.S. talks

Defense Agency chief Fukushiro Nukaga told reporters Tuesday he will visit Okinawa before he meets the U.S. secretaries of defense and state in late September.
JAPAN
Aug 25, 1998

Minister's new home defended as legitimate buy

Deputy Chief Cabinet Secretary Muneo Suzuki purchased a new house in Tokyo's Minato Ward last June while serving as chief of the Hokkaido and Okinawa Development agencies, despite an informal agreement that serving ministers would refrain from such purchases, it was learned Tuesday.
JAPAN
Aug 24, 1998

Nissan remodels its Avenir for domestic wagon market

Nissan Motor Co. launched the fully revamped Avenir wagon to the domestic market Monday, featuring smoother handling and better use of space, top executives of the firm said.
JAPAN
Aug 24, 1998

Nonaka says he's ready to meet Ota

Chief Cabinet Secretary Hiromu Nonaka said Monday he is ready to hold talks with Okinawa Gov. Masahide Ota without imposing any conditions.
JAPAN
Aug 21, 1998

Skymark takes delivery of 767 for first paying flight

A Boeing 767-300, the first jetliner in the fleet of Skymark Airlines Co., the only new entry in the country's aviation industry in 35 years, arrived at Tokyo's Haneda airport Friday from Seattle prior to its initial commercial flight on Sept. 19.
JAPAN
Aug 21, 1998

Obuchi tells Cabinet to fix credit crunch

Prime Minister Keizo Obuchi instructed his Cabinet ministers Friday to step up efforts to ease the ongoing credit crunch surrounding small and medium-size enterprises.
JAPAN
Aug 21, 1998

LTCB announces plan to restructure

The troubled Long-Term Credit Bank of Japan on Friday announced a restructuring plan in which three top executives will resign and its 13 overseas outlets will close.
JAPAN
Aug 21, 1998

Japan doesn't know whether it supports U.S. missile attacks

Japan expressed its support Friday for Washington's "firm attitude" against terrorism but reserved its position on the U.S. bombing of terrorist-linked sites in Sudan and Afghanistan.
Japan to experience blood moon lunar eclipse on Monday
A blood moon is seen during a partial eclipse in the sky over Lake George near Canberra on March 14.
Ishiba to quit as prime minister amid LDP discontent
Prime Minister Shigeru Ishiba announces his decision to step down, at the Prime Minister's Office in Tokyo on Sunday.
Japan eyes two types of 'hometown resident' registration
People buy groceries from a mobile supermarket in a rural area of Nagomi, Kumamoto Prefecture. The government is considering a new "hometown resident" registration system to help strengthen regional revitalization measures.
Search is on for loopholes in Japan’s $550 billion investment pledge
U.S. Secretary of Commerce Howard Lutnick argues that U.S. President Donald Trump has sole authority to invest Japan's promised $550 billion.
Race to become next LDP president kicks off again
Former Liberal Democratic Party Secretary-General Toshimitsu Motegi on Monday became the first to enter the race to replace Prime Minister Shigeru Ishiba.
Shizuoka farmers fight to preserve sustainable tea method that’s steeped in tradition
As of August 2024, the number of confirmed chagusaba farmers had fallen to 302, just over half the 582 reported in 2015, according to the Shizuoka Chagusaba Farming Method Promotion Council.
Search is on for loopholes in Japan’s $550 billion investment pledge
U.S. Secretary of Commerce Howard Lutnick argues that U.S. President Donald Trump has sole authority to invest Japan's promised $550 billion.
In rural Hokkaido, the stops and starts of tourism revival on full display
Redevelopment plans for Kawayu Onsen have hit some snags — an example of how bringing tourists back to declining rural communities is far from easy work.
London’s calling and sumo’s top division — along with Hello Kitty — are ready to answer
Yokozuna Hoshoryu and Hello Kitty, an ambassador for sumo's upcoming tour to London, at Tokyo's Kokugikan on Tuesday

Podcast

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

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight
By Mai Yoshikawa

SUSTAINABLE JAPAN

Maruhachi never sleeps in quest for better futons
Maruhachi never sleeps in quest for better futons

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