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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.
JAPAN
Mar 13, 1997

Young Eurasian leaders discuss economic integration

Regional integration taking place in Europe and in the Asia-Pacific region should be compatible with the World Trade Organization and should lead progressively to the lowering of external barriers by both regions, young leaders in politics, academics and business from 25 Asian and European countries...
JAPAN
Mar 12, 1997

Turkish ambassador welcomes Japanese investment

Turkey's new ambassador, Gunduz Aktan, is hoping that Japanese companies will soon take even greater interest in his country as an investment opportunity and business partner.
JAPAN
Mar 11, 1997

Zedillo invites Imperial Couple to Mexico

Mexican President Ernesto Zedillo on Mar. 11 invited the Imperial Couple to visit Mexico to boost bilateral friendship, officials said.
JAPAN
Mar 7, 1997

Bridge authority moves offices out of Tokyo

Honshu-Shikoku Bridge Authorities, the first special corporation to relocate its head office outside the capital, stepped up its moving operations Mar. 7 in preparation for beginning business at its new head office in Kobe's Chuo Ward on Mar. 5.
JAPAN
Mar 6, 1997

Transport doles out new Haneda flight slots

In a move aimed at promoting further competition in the nation's aviation industry, the Transport Ministry has favored small and fledgling airlines over the dominant All Nippon Airlines in its final distribution of slots for new flights at Haneda airport.
JAPAN
Mar 6, 1997

English teachers say industry needs more regulation, not less

OSAKA -- The English-language conversation industry is in urgent need of reform and, unlike other sectors of the economy, needs more regulation, not less.
JAPAN
Mar 5, 1997

Izu tourism begins to tail off

Almost 12,000 people have canceled reservations at hotels and inns in the hot spring resort city of Ito, Shizuoka Prefecture, due to the series of earthquakes that has been shaking the Izu Peninsula since Mar. 3.
JAPAN
Mar 5, 1997

Curtain falls on Ikebukuro's Bungei-za

A postwar landmark in Tokyo will disappear Mar. 6 when the Bungei-za theater in Ikebukuro, which has featured classical films since 1955, closes its doors.
JAPAN
Mar 3, 1997

ACCJ urges persistence to remove trade barriers

The U.S. government should continue playing an active role in Japan-U.S. trade issues and help U.S. companies gain greater access to the Japanese market, the American Chamber of Commerce and Industry said in a report released Mar. 3.
JAPAN
Feb 28, 1997

Unorthodox barber doesn't do dos

Kuniyoshi Konishi has struck gold with his new barbershop venture -- by adopting such oddball ideas as vacuuming the heads of customers after cutting their hair.
JAPAN
Feb 26, 1997

Chain stores call for more freedom

As a government review of the Large-Scale Retail Store Law looms, an association of chain stores called Feb. 26 for greater freedom in choosing closing times, business days and opening new stores.
JAPAN
Feb 26, 1997

Nissan to hire 900 grads in Spring 1998

Nissan Motor Co. announced on Feb. 26 that recruitment of non-engineering college and high school graduates will resume for the first time since 1995. The major automaker plans to hire a total of 900 people in the spring of 1998, a major increase from the 146 recruits the firm expects to hire in April...
JAPAN
Feb 25, 1997

Forum to seek public backing for nuclear project

Business leaders and academics supporting construction of a next-generation thermal fusion reactor in Japan set up a conference Feb. 25 to promote broader public consensus on the issue.
JAPAN
Feb 21, 1997

Life insurers opposed to banks moving in

The nation's life insurers joined ranks with their nonlife counterparts Feb. 21 in voicing opposition to the entry of banks into the insurance market through holding companies.
JAPAN
Feb 20, 1997

Insurance leader speaks out against allowing banks

Banks' entry into the insurance business would reduce competition and should not be permitted, even through holding companies, the head of the nation's nonlife insurance industry said Feb. 20.
JAPAN
Feb 18, 1997

Jupiter links with Canadian firm

Jupiter Telecommunications Co. announced Feb. 18 that it has signed a five-year contract with Canada-based digital communication device maker Northern Telecom Japan Inc. for the supply of telecommunications systems to be used in Japan's first cable TV telephone service network.

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