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JAPAN
Feb 12, 1997

Sony, Namco, Polygon to unite in graphics venture

To compete with rapidly advancing computer graphics technology in the U.S., Namco Ltd., Sony Computer Entertainment Inc. and Polygon Pictures Inc. announced Feb. 12 that they will jointly establish a company to produce digital contents for graphics-based films and entertainment software.
JAPAN
Feb 6, 1997

NEC develops the first four-gigabit DRAM

NEC Corp. announced Feb. 6 it has developed the world's first four-gigabit dynamic random access memory chip, capable of storing approximately the same amount of data as a CD-ROM.
JAPAN
Feb 5, 1997

Intersolv sets up Japanese subsidiary

Intersolv Inc., a computer software solution supplier based in Maryland, announced Feb. 5 that it has established a wholly owned subsidiary in Japan.
JAPAN
Jan 31, 1997

Shiseido to offer lifetime employment in junior year

From this spring, the guarantee of a job for life will be granted one year before students seeking to join cosmetics giant Shiseido Co. graduate from college, a policy that is expected to be copied at other firms.The firm announced Jan. 31 that it plans to interview in March college juniors who are...
JAPAN
Jan 31, 1997

GM Japan chief wary of weak yen

Douglas Herberger, president of General Motors Japan Ltd., expressed concern Jan. 31 over the yen's recent depreciation, saying the firm would have to reassess its strategies in Japan if the trend continues."If that trend continues, I will be very concerned," Herberger said, adding that he hopes exchange...
JAPAN
Jan 30, 1997

Britain still in running for investment, Toyota head assures

Hiroshi Okuda, president of Toyota Motor Corp., said his company has made no decision on future investment in Europe and Britain remains one of many possible options.In a statement issued Jan. 30, Okuda said, "The Toyota Motor Corp. position regarding future investment in Europe is now under study and...
JAPAN
Jan 29, 1997

Rapid decentralization of government urged

The government should swiftly move as many of its functions to local governments as possible to increase the efficiency of administrative services and reduce fiscal deficits, a business executive said Jan. 29.Ken Moroi, adviser to Chichibu Onoda Cement Corp. and head of the government advisory panel...
JAPAN
Jan 28, 1997

Mitsubishi Motors links up with Italian firm

Mitsubishi Motors Corp. announced Jan. 28 that it will entrust production of its new small sports utility vehicle for the European market to Industrie Pininfarina SpA, an Italian automaker, beginning in 1999.The two firms signed an eight-year agreement on the project, in which a total of 20 billion...
JAPAN
Jan 28, 1997

Sanyo to boost investment in solar battery business

Sanyo Electric Co. will invest 2.5 billion yen in its solar power battery operations in fiscal 1997 and another 10 billion yen in the following three years, Sanyo President Yasuaki Takano said Jan. 28. Takano said the strategy will make Sanyo a leader in the field in Japan by 2000.Takano predicted that...
JAPAN
Jan 22, 1997

Yen's quick decline concerns BOJ chief

Bank of Japan Gov. Yasuo Matsushita expressed concern Jan. 22 over the fast pace at which the yen is weakening against the dollar and said authorities will carefully monitor the foreign exchange market.Speaking at a news conference, the head of the central bank said it was desirable for foreign exchange...
JAPAN
Jan 17, 1997

Haneda slot allocation to favor new airlines

Landing and takeoff slots to be made available when a long-awaited runway at Haneda airport opens in April may be distributed in a way that encourages competition and favors fledging competitors, according to a Transport Ministry panel meeting Jan. 17."Reducing the differences in the number of slots...
JAPAN
Jan 14, 1997

Israeli envoy looking to boost trade

Israel Ambassador Moshe Ben-Yaacov said Jan. 14 that economic relations between Japan and his country are growing quickly, thanks to improved peace prospects in the Middle East.Bilateral trade has reached $2.2 billion, and increasing numbers of cars and other Japanese products are flowing into Israel,...
JAPAN
Jan 13, 1997

Astronaut kicks off earthquake symposium in Tokyo

With the second anniversary of the 1995 Great Hanshin Earthquake approaching, an international earthquake symposium in Tokyo got under way Jan. 13 attended by several quake experts and volunteers.Apollo 13 skipper James A. Lovell Jr. opened the meeting with a speech that stressed the importance of leadership,...
JAPAN
Jan 10, 1997

First day of civil aviation talks ends nowhere

Japan and the U.S. made no progress Jan. 10 in their first day of civil aviation talks, spending the session strongly rejecting each other's proposals, according to Transport Ministry officials. The discussions will continue Jan. 11.Saying it is unlikely that either side will agree to the current proposals...
JAPAN
Jan 9, 1997

Town's energy need blows in the wind

TACHIKAWA, Yamagata Pref. -- On a cloudy winter afternoon, a cold, fierce wind blowing from the Sea of Japan relentlessly turns three large windmills on a hill. Inside a nearby building with an oval-shaped roof, a man in work clothes keeps an eye on the windmills' control console, checking the rotors,...
JAPAN
Jan 9, 1997

U.K. official urges earlier decontrol

Kenneth Clarke, Britain's chancellor of the exchequer, urged Jan. 9 that sweeping deregulation of Japan's financial system be undertaken sooner than the current timetable of 2001, according to government officials.During a meeting with Finance Minister Hiroshi Mitsuzuka, Clarke said he hopes the reforms,...
JAPAN
Jan 6, 1997

TSE starts sluggishly as dollar tests 117 yen

Japan's financial markets started the New Year's first trading Jan. 6 with ominous news: The dollar momentarily reached 117 yen -- its highest level since March 1993.Although the U.S. currency later fell back to the 116 yen range, and the Nikkei Stock Average of the Tokyo Stock Exchange subsequently...
JAPAN
Jan 6, 1997

Reform decisively, leaders of economic groups warn

Leaders of the nation's four major economic organizations on Jan. 6 warned that the economy will remain sluggish this year unless the government embarks on a clear course toward full-scale reform.At the same time, the leaders said they are not so worried about the so-called "Japan-passing" trend whereby...
JAPAN
Jan 2, 1997

Will Japan be able to compete in the IR revolution?

In the past, a country's competitiveness was decided mostly by the productivity of its industries.
JAPAN
Jan 2, 1997

More failures to come as 'Jusen' iceberg emerges, many say

While public anger over the government's use of 685 billion yen in taxpayers' funds to liquidate seven "jusen" housing loan companies has subsided, this year may see the outbreak of yet another financial crisis that could eventually require the injection of public money.Analysts say the fuss over the...
Japan Times
SOCCER
Jun 22, 2023

Lionel Messi, Saudi Arabia and a deal that paid off for both sides

Messi's deal offers an inside glimpse of the oil-rich kingdom’s use of its wealth to enlist marquee athletes in its effort to burnish its global image.
Japan Times
JAPAN
Jun 22, 2023

Organization founded to create guidelines for use of AI image generators

An AI-generated image tool allows users to create images based on written descriptions and learning from other images available online, including those made by artists.
Japan Times
WORLD
Jun 22, 2023

Months after toxic train derailment, East Palestine faces community 'corrosion'

With residents wary of assurances that the air and water are safe, some have already moved away while those who remain are increasingly at odds with one another.
Japan Times
BUSINESS / Companies
Jun 22, 2023

Cosmo Energy wins investor approval for 'poison pill' against activist

The approval marks the second such vote on a poison pill in Japan that excludes an investor, in a practice some governance experts say could deter shareholder activism.
Japan Times
BUSINESS / Companies
Jun 22, 2023

Nearly 70% of Japan firms expect more activist proposals, poll shows

More than 340 shareholder resolutions have been submitted to about 90 listed companies for voting at annual shareholders meetings in June, when most Japanese firms hold such meetings.
Japan Times
WORLD
Jun 22, 2023

Titanic tour leader aboard missing submersible had called safety ‘pure waste’

Ocean scientists and at least one former employee of Stockton Rush’s company, OceanGate, have been sounding alarms about its safety procedures for at least five years.
Japan Times
BUSINESS / Markets
Jun 22, 2023

Japanese startups are catching up to broader market rally

An upcoming rush of initial public offerings has lifted sentiment toward startups, with more than 10 new stocks expected to start trading in Tokyo between now and the end of June.
PODCAST / deep dive
Jun 21, 2023

Things just got a bit tougher for asylum-seekers in Japan

Japan passes a controversial new law that changes the rules for which people can apply for asylum in an effort to solve issues like overcrowding at detention centers.
JAPAN
Jun 21, 2023

Japan sees 1.9 million visitors in May, down from cherry blossom rush

Travelers from China, previously Japan's biggest tourist segment and the lifeblood of many retailers, grew 24% to 134,400 in June, though still far below 2019 levels.
Japan Times
COMMENTARY / Japan
Jun 21, 2023

The Carlos Ghosn show has a bizarre sequel

A provocative lawsuit brought by Carlos Ghosn, the fugitive architect of the Renault-Nissan alliance, makes it harder for the French and Japanese carmakers to move on.

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