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JAPAN
Oct 13, 1997

JCP wants Yamasaki summoned before Diet

The Japanese Communist Party on Oct. 13 insisted that Taku Yamasaki, the LDP's policy chief, be summoned to the Diet, saying a recently completed investigation has deepened suspicion that he violated laws in receiving political donations from oil wholesaler Junichi Izui.Izui, now on trial on suspicion...
JAPAN
Oct 9, 1997

Digital cameras shaking up photo industry

Digital technology is evolving and product prices are declining at such stunning clips that hardly any new industry developments evoke surprise.
JAPAN
Oct 9, 1997

Two Osaka banks to merge next year

OSAKA -- Fukutoku Bank and the Bank of Naniwa, two Osaka-based regional banks suffering from mounting bad loans, announced Oct. 9 they will merge next Oct. 1 to speed up restructuring and strengthen their foothold in the region.The merger is expected to become the first one subject to an expected revision...
JAPAN
Oct 8, 1997

Opposition chiefs stage rally for summoning Izui

The heads of three opposition parties staged a public rally Oct. 8 outside Shimbashi Station in Tokyo, calling for support for their Diet boycott over delays in summoning oil wholesaler Junichi Izui to testify in the Diet.Shinshinto, the Democratic Party of Japan and Taiyo Party boycotted the opening...
JAPAN
Oct 7, 1997

Foreigners urge Tokyo to accelerate deregulation

Foreign business communities on Oct. 7 urged Japan to further accelerate and deepen economic structural reforms to boost domestic demand and reduce its massive trade surplus.The opinions were voiced by foreign members of the Import Board, a subcouncil under the Trade Conference chaired by Prime Minister...
JAPAN
Oct 6, 1997

Compromise key to climate policies, German minister says

Staff writerTo achieve both economic growth and environmental protection, one must make compromises and seek "intermediate paths," according to German Economic Minister Gunter Rexrodt."Germany views the simultaneous achievement of economic growth and environmental protection as an important challenge,"...
JAPAN
Oct 6, 1997

Maverick assemblyman fights dress code, graft

MISAWA, Aomori Pref. -- The city assembly here has attracted nationwide attention, not for its legislating, but for a member who was punished for his casual attire.He claims his dressing down symbolizes his crusade against corruption. "I know it all looked like a kindergarten-level farce," said Yuki...
JAPAN
Oct 2, 1997

Posts Ministry releases policy plan for breakup of NTT

The Posts and Telecommunications Ministry released a draft policy plan Oct. 2 on the reorganization of Nippon Telegraph and Telephone Corp., which will be split into three firms under the control of a single holding company.Under the basic draft, the ministry proposed that the disintegration of NTT,...
JAPAN
Oct 2, 1997

U.S. gets thumbs up for Super 301 ruling

Osamu Watanabe, vice minister for international trade and industry, on Oct. 2 applauded Washington's decision not to list Japan's auto market on a Super 301 retaliatory watch list."I regard the decision as the natural conclusion and I appreciate the U.S. government's just judgment," Watanabe told a...
JAPAN
Oct 1, 1997

SESC criminal complaints hit new high

Reflecting an increase in crimes involving financial firms, the nation's securities watchdog filed a record five criminal complaints during the year up to June, according to the annual report released Oct. 1 by the Securities and Exchange Surveillance Commission.The cases brought to prosecutors include...
JAPAN
Oct 1, 1997

Internet securities trade has couch investors jumping

OSAKA -- With convenience like late-night or early morning service and never having to leave one's own home, stock trading via the Internet has not surprisingly become increasingly active.It is also alluring to securities companies, who are able to expand their business without opening new branches...
JAPAN
Sep 30, 1997

Philippines' fundamentals still sound, Bautista says

Staff writer
JAPAN
Sep 30, 1997

ITJ-Japan Telecom tieup faces stiff competition

On the eve of their merger, the heads of Japan Telecom Co. and International Telecom Japan Inc. said Sept. 30 the new firm aims at becoming a leading company in the industry by offering seamless services from domestic to international services at lower prices than competitors.
JAPAN
Sep 29, 1997

Corporate tax cut tied to size of income base

Any reduction in the corporate income tax should be considered only within the scope of revenue that can be gained by expanding the taxable income base for companies, a top Finance Ministry official indicated Sept. 29.
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.
Workers say corporate South Korea was warned about questionable U.S. visas before Hyundai raid
Activists holding signs that reads "No one is illegal!" protest against a huge immigration raid last week in the U.S. state of Georgia, in front of the U.S. Embassy in Seoul on Tuesday.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Thousands without power in Tokyo as heavy rain batters Kanto region
Heavy rain hit Tokyo and surrounding areas Thursday afternoon, causing thousands to lose power, prompting flood warnings, grounding flights and causing transportation issues.
Why more hotels in Japan are offering room-only service
Nipponia Hotel Ise Kawasaki Merchant Town in Ise, Mie Prefecture
Japan's cutting-edge railgun successfully strikes target vessel
The Defense Ministry’s Acquisition, Technology & Logistics Agency (ATLA) conducted a ship-board railgun shooting test from June to early July this year with the support of the Maritime Self-Defense Force.
Niinami’s ouster quick but not unusual as corporations protect reputation
Takeshi Niinami resigns as chairman and CEO of Suntory Holdings.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
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.

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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