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JAPAN
Aug 29, 1997

Prudential prepared to tailor-make new products

Fifth in an occasional series on the Big Bang financial reforms
JAPAN
Aug 29, 1997

Kansai police braced for gang war

OSAKA -- More than 3,200 Hyogo and Osaka police officers are on alert after the boss of a powerful gang was gunned down late August 28 in a Kobe coffee shop.
JAPAN
Aug 28, 1997

ORIX unveils 'cheap' insurance

ORIX Life Insurance Corp. will introduce Sept. 1 what it calls "unprecedented cheap" life insurance products available only through mail order, the firm announced August 28.
JAPAN
Aug 26, 1997

Firm aims at Japan market for new-style entertainment

New types of entertainment facilities that are family-oriented and regionally based are suitable for the Japanese market and will grow in the future, the head of Orlando-based ITEC Productions, said August 26.
JAPAN
Aug 21, 1997

PCBs at park site not Universal Studios theme

Staff writer
JAPAN
Aug 21, 1997

Osaka monorail extension opens

KADOMA, Osaka Pref.-- A 7.9-km extension of the Osaka Monorail Line linking Minami Ibaraki and Kadoma opens today.
JAPAN
Aug 15, 1997

Rain fails to dampen turnout at Yasukuni

Despite intermittent rain, thousands of war veterans and relatives of Japan's war dead visited Tokyo's Yasukuni Shrine on Friday, the 52nd anniversary of Japan's surrender at the end of World War II, to pay tribute to those who lost their lives in war.
JAPAN
Aug 12, 1997

Nation takes to speedy, on-line, hassle-free transactions

Staff writer
JAPAN
Aug 6, 1997

Police seize more counterfeit $100 bills

Police in Tokyo said August 6 that they have recently confiscated 500 false $100 bills that are believed to have been produced outside Japan.
JAPAN
Aug 5, 1997

DKB, Nomura penalties take effect today

Administrative penalties against Dai-Ichi Kangyo Bank and Nomura Securities Co. for their payoffs to a "sokaiya" corporate extortionist take effect August 6.
JAPAN
Aug 4, 1997

Alleged extortion try at DKB ends in arrest

A 70-year-old publisher was arrested August 4 for allegedly attempting to extort cash from Dai-Ichi Kangyo Bank after it canceled all subscriptions to magazines and other publications -- common sources of income for "sokaiya" corporate extortionists, police said.
JAPAN
Aug 1, 1997

Ex-mayor is sentenced to two years for bribes

Sanyu Ishii, who stepped down last year as mayor of the Tokyo suburb of Komae after incurring huge gambling debts, was sentenced August 1 to two years in prison and fined 4 million yen for accepting bribes from local construction firms.
JAPAN
Jul 31, 1997

Homes of top Yamaichi execs raided

Investigators carried out a raid on the homes of the chairman and the president of Yamaichi Securities Co. in Tokyo on July 31 over the alleged payoffs by the brokerage to a corporate racketeer.
JAPAN
Jul 31, 1997

Fujitsu looks to take over U.S. mainframe-maker Amdahl

Fujitsu Ltd. announced July 31 it will try to purchase all shares of Amdahl stock it does not yet own at $12 per share through an open takeover bid, with the total purchase price expected to be $850 million, pursuant to its definitive merger agreement.
JAPAN
Jul 30, 1997

Analysis: Bank's penalty an attempt to assuage public

Finance Ministry's decision July 30 to order Dai-Ichi Kangyo Bank to refrain from extending loans to new customers until the end of the calendar year was an attempt to show that it is seriously trying to tackle wrongdoing in the financial markets.
JAPAN
Jul 30, 1997

Analysis: Nomura should weather sanctions nicely

The administrative penalty imposed July 30 on Nomura Securities Co. by the Finance Ministry over payoffs to a corporate extortionist will certainly hurt the nation's leading brokerage, but the pain may not last for very long.
JAPAN
Jul 24, 1997

Hatchet-wielding man injures two in Osaka

OSAKA -- A man struck two passersby with a hatchet early July 24 in a park in Higashi-Osaka, Osaka Prefecture, inflicting serious injuries, police said.
JAPAN
Jul 24, 1997

Koike got illegal payoffs, Nomura president admits

Nomura Securities Co. gave illegal payoffs of roughly 370 million yen to a "sokaiya" corporate extortionist as a token of gratitude for his refraining from disturbing its general shareholders' meeting in 1995, the president of the brokerage acknowledged July 24 at an open Finance Ministry hearing.
JAPAN
Jul 23, 1997

FTC finds no illegalities with Fuji Film practices

After 15 months of investigation, the Fair Trade Commission concluded July 23 that it sees nothing illegal with Fuji Photo Film's business practices, effectively turning down Washington's calls for stricter implementation of the Antimonopoly Law.
JAPAN
Jul 22, 1997

Refinery staff may have been exposed to gas

AKITA -- Seven refinery workers have reportedly been hospitalized with symptoms indicative of severe colds, but according to the Akita Labor Standards Inspection Office, the workers are suffering from gas poisoning stemming from exposure to sulfuric compounds.
JAPAN
Jul 18, 1997

Business leaders say Japanese-style management outdated

KARUIZAWA, Nagano Pref. -- Japanese-style management must undergo reform to place more focus on shareholders and establish effective corporate governance, according to business leaders at the 12th summer seminar of the Japanese Association of Corporate Executives (Keizai Doyukai).
JAPAN
Jul 18, 1997

Imported corn is from China, not North Korea

The government has discovered that the corn unloaded from a North Korean freighter at Aomori port was produced in China, Chief Cabinet Secretary Seiroku Kajiyama said July 18.
JAPAN
Jul 18, 1997

Insurance group won't push failed firm on dealings

The new chairman of the Life Insurance Association of Japan said July 18 that the group will only question the responsibility of the former management of insolvent Nissan Mutual Life Insurance Co. if a legal violation is uncovered.
JAPAN
Jul 15, 1997

Nomura facing stiff punishment

The Securities and Exchange Surveillance Commission on July 15 issued a recommendation to the finance minister to take punitive action against Nomura Securities Co. and four former Nomura executives for making illegal paybacks to a "sokaiya" corporate racketeer.
JAPAN
Jul 10, 1997

Firms want blue-collar visa to ease labor shortage

OSAKA -- Prompted by serious concerns among small and medium-size firms over the shortage of blue-collar labor, the Osaka Chamber of Commerce and Industry on July 10 created a working group to discuss how to attract more workers from foreign countries.
JAPAN
Jul 10, 1997

Tokyo, Kanagawa bow to wiretap ruling

The central government and Kanagawa Prefecture said July 10 they will not appeal a June 26 high court ruling ordering them to pay about 4 million yen in damages for the 1986 wiretapping of the home phone of then Japanese Communist Party official Yasuo Ogata.
JAPAN
Jul 4, 1997

Photos of young Kobe suspect spark demand for recall

Justice Minister Isao Matsuura denounced the Shinchosha publishing house July 4 and demanded that it immediately recall copies of its two magazines that ran a photo of the 14-year-old Kobe youth being held in the murder of schoolboy Jun Hase.
JAPAN
Jul 1, 1997

Concert to list shares on TSE in autumn

Concert PLC, a global telecom firm to be established this fall by a merger of British Telecommunications PLC and MCI Communications Corp., will list its shares on the Tokyo Stock Exchange immediately after the company is formed.
JAPAN
Jun 27, 1997

2,355 firms face shareholders under 'sokaiya' spectre

A record 2,355 listed and unlisted companies nationwide held their annual shareholders' meetings June 27 with 10,000 police officers mobilized to keep "sokaiya" corporate extortionists in check, the National Police Agency said.
JAPAN
Jun 25, 1997

Corporate Governance: Take charge from within

A more balanced internal structure and chain of responsibility are the key to stemming the rash of corporate misconduct plaguing the country's major firms, according to Takanori Matsuura, an expert in Japanese corporate culture.
U.S. urges clarity on Japan’s role in potential war over Taiwan, report says
A Ground Self-Defense Force member conducts a military drill with an anti-ship missiles unit, at the GSDF's base on Miyako Island in Okinawa Prefecture in April 2022.
Tourists in Japan have telemedicine options before calling 119
Foreign tourists at Tsukiji Outer Market in Tokyo. More than 1 million international visitors have a medical issue in Japan every year.
Tropical Storm Nari moves northward, with possible landfall Tuesday
Tropical Storm Nari's forecast path as of Monday morning
Nissan clinches $4.5 billion bond deal after orders soar
Nissan Motor has raised $4.5 billion through a junk bond sale in U.S. dollars and euros, part of which carries a record-high coupon rate.
Students in Japan struggle with Japanese language and math sections on national exam
The correct answer rate for the Japanese language section on a national test dropped to 67.0% from 67.8% the previous year among elementary school sixth-graders.
U.S. urges clarity on Japan’s role in potential war over Taiwan, report says
A Ground Self-Defense Force member conducts a military drill with an anti-ship missiles unit, at the GSDF's base on Miyako Island in Okinawa Prefecture in April 2022.
Tourists in Japan have telemedicine options before calling 119
Foreign tourists at Tsukiji Outer Market in Tokyo. More than 1 million international visitors have a medical issue in Japan every year.
Is Japanese skin really ‘too smooth’ for Hideo Kojima’s games?
Hideo Kojima, the leading auteur in Japanese video games, has skirted controversy in the wake of the release of Death Stranding 2: On the Beach
An emoji used to say it all. Now it might say too much.
Apple’s Craig Federighi shows off a set of emoji at a conference on June 13, 2016. While the small pictures have proved helpful in conveying nuance in our texts, younger people are using them less often.
‘Our ultimate goal is to save every single Japanese video game’
After nearly shuttering earlier this year, the Tokyo-based Game Preservation Society continues its work to save the early history of Japanese gaming.

Podcast

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

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan
By Megha Wadhwa

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