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JAPAN
May 21, 1998

Nonlife insurers post decline in revenues for '97

The combined annual premium revenue at the nation's five major nonlife insurance firms, for fiscal 1997, registered a year-on-year decline for the first time in the postwar era, earnings reports released Thursday showed.
JAPAN
May 21, 1998

Senior defense officials found moonlighting at costly supplier

Nine senior defense officials, including high-ranking uniformed officers, in the past decade became executives of a defense supplier that was allegedly involved in a bill-padding scandal that surfaced in September, Defense Agency Secretariat Yasuhiro Ogoshi said Thursday.
JAPAN
May 21, 1998

Daihatsu posts 7.5% rise in profit

Daihatsu Motor Co. announced Thursday that its unconsolidated net profit increased 7.5 percent over the previous year to 6.8 billion yen for the 1997 business year.
JAPAN
May 21, 1998

Businesses unsure about Indonesia's new future

and SAYURI DAIMON
JAPAN
May 20, 1998

Japanese-Swiss bank starts up June 1

LTCB Warburg Securities, an investment bank jointly formed by the Long-Term Credit Bank of Japan, Swiss Bank Corp. and Union Bank of Switzerland, will begin operations June 1, company officials said Wednesday.
JAPAN
May 19, 1998

DirecTV customers climb to 109,000

DirecTV Japan Management Inc. had 109,000 subscribers in Japan as of Tuesday, said Chairman Gareth Chang in his first release of subscription figures since the firm was launched in December.
JAPAN
May 18, 1998

Indonesia Web site links stranded nationals with outside world

A World Wide Web site created by representatives of Japanese firms in Indonesia has become a crucial source of information for those both in and out of the country.
JAPAN
May 18, 1998

'Titanic' receipts sink contenders

A megahit American film that won several Oscars in March has posted record ticket sales in Japan, the film's distributor said Monday.
JAPAN
May 15, 1998

Weak economy means big business for movers

Staff writer
JAPAN
May 15, 1998

Nikko-affiliated brokerages to merge

Three brokerages linked to Nikko Securities Co. formally agreed Friday to brave the upcoming wave of financial deregulation by merging on Oct. 1.
JAPAN
May 13, 1998

Nissan unveils 'lifecare' vehicles

To address Japan's rapidly aging population, Nissan Motor Co. will heighten its production of "lifecare" vehicles, which are specially designed for senior citizens and people with physical disabilities, the firm said Wednesday.
JAPAN
May 13, 1998

Daimler-Benz likely to be top shareholder in Nissan Diesel

Daimler-Benz AG is likely to be the top shareholder of Nissan Diesel Motor Co., Nissan Motor Co.'s truck manufacturing affiliate, but the Japanese firm will maintain a certain stake in the truck maker, Nissan President Yoshikazu Hanawa said Wednesday.
JAPAN
May 12, 1998

Nissan, Daimler explore prospects for cooperation

Nissan Motor Co. and Daimler-Benz AG are negotiating to cooperate in the areas of commercial vehicle components as well as vans and light trucks, the two companies said Tuesday.
JAPAN
May 11, 1998

In with a Bang: Zurich Insurance stays with direct marketing

13th in an occasional series of articles on financial deregulation
JAPAN
May 8, 1998

Eat 'ramen' for a fistful of dollars

Staff writer
JAPAN
May 7, 1998

Daimler-Chrysler merger surprises Japanese automakers

The announcement that Daimler-Benz AG and Chrysler Corp. plan to merge surprised the nation's automakers and seems to have instilled in them a sense of urgency in preparing for increased global competition.
JAPAN
May 4, 1998

Barbecuers injured in seaside helicopter ride

Police began an investigation Monday after five people were injured Sunday when a private helicopter crashed into the sea off Yokosuka, Kanagawa Prefecture, police said.
JAPAN
May 4, 1998

Czech glass artist brings Bohemia to Notojima

NOTOJIMA, Ishikawa Pref. -- A glass studio recently invited a craftsman from a country with a long tradition of glasswork to spend a year on this small island teaching the art of creating Czech-style glassware.
JAPAN
Apr 30, 1998

Crisis in Asia: Taiwan urged to assist struggling neighbors

Although the stability of Taiwan's economy stands out amid the financial crisis in Asia, the island cannot remain an idle spectator as neighbor countries suffer, according to Wei-Te Liu, executive adviser of the Coordinating Council on Sino-Japanese Business Affairs.
JAPAN
Apr 30, 1998

Deadline passes for KDD-Teleway merger plan

The president of KDD Co. announced that the country's leading international telecommunications carrier has been unable to reach a formal merger agreement with Teleway Japan Corp., a domestic long-distance carrier, by the self-imposed deadline of April 30.
JAPAN
Apr 27, 1998

Crisis in Asia: Japan's recovery seen as integral to region

First in a series
JAPAN
Apr 27, 1998

Venerable amusement park slates return to nature

OSAKA -- An amusement park that opened 90 years ago and is said to be the oldest in western Japan is scheduled to close at the end of May and reopen as a nature park.
JAPAN
Apr 27, 1998

Honda president to step down in June

After eight years at the helm of Honda Motor Co., President Nobuhiko Kawamoto on Monday announced he will step down in late June.
JAPAN
Apr 24, 1998

Yamaichi's Miki pleads guilty to 'sokaiya' payoffs

Atsuo Miki, the former president of Yamaichi Securities Co. held responsible for its demise, made his first court appearance April 24 and pleaded guilty to conspiring to make illegal payoffs totaling 423 million yen to "sokaiya" corporate extortionist Ryuichi Koike and a major leasing company.
JAPAN
Apr 23, 1998

Honda's new multiwagon is based on 'small is smart'

Following the succession of automakers who have introduced compact wagons this year, Honda Motor Co. announced April 23 that it will sell the Capa, its new 1.5-liter engine multiwagon, from today.
JAPAN
Apr 23, 1998

Tokio Marine to sell mutual funds with UAM

Tokio Marine & Fire Insurance Co. will begin selling investment trusts later this year in a tieup with United Asset Management Corp., a major U.S. investment house, the nation's leading nonlife insurance company said April 23.
JAPAN
Apr 23, 1998

FTC approves creation of largest cement firms

The Fair Trade Commission gave conditional approvals April 23 to two merger plans that would create the nation's largest and second-largest cement firms by the end of this year.
JAPAN
Apr 22, 1998

Hankyu enjoys windfall from cheat-prevention ticket system

Osaka-based railway operator Hankyu Corp. has recorded more than 800 million yen in extra yearly revenue with the introduction of its new system to prevent passengers from cheating on train fares.
JAPAN
Apr 22, 1998

Finance bureaus report further deterioration nationwide

The economy is showing increasing signs of deterioration across the board in every part of the nation, regional financial bureaus reported to the Finance Ministry on Wednesday.
JAPAN
Apr 22, 1998

Health officials face prison over Nursery home subsidies

Prosecutors demanded Wednesday that the Tokyo District Court impose prison terms of between two and 3 1/2 years on a former top health ministry bureaucrat and two others being tried on bribery charges in connection with the construction of special subsidized nursing homes.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami