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JAPAN
Mar 4, 1998

Financier arrested in major stock fraud

The president of a Tokyo finance company was arrested Wednesday on suspicion of making 5.5 billion yen in profits through fraudulent stock transactions, police said.
JAPAN
Mar 2, 1998

Parents cope with slaying of Japanese-Brazilian son

Staff writer
JAPAN
Feb 26, 1998

Japan, U.S. firms form venture for trans-Pacific telecom cable

Four U.S. and Japanese companies seeking to become the "carriers' carrier" will construct an underwater telecommunications cable between the two countries, the firms announced Thursday in Tokyo.
JAPAN
Feb 23, 1998

DirecTV mum about subscribers

DirecTV Japan Inc. declined comment Monday on how many subscribers it has obtained so far in Japan, in an apparent indication the carrier is struggling to compete.
JAPAN
Feb 19, 1998

On Paper: Electronics firms, automakers adapt to slump

Second in a series
JAPAN
Feb 16, 1998

Netherlands' Timmer claims gold, shatters speedskating record

Staff writer
JAPAN
Feb 13, 1998

Stores fear stale sales will befall Valentine's Saturday

Staff writer
JAPAN
Feb 12, 1998

Claris Japan to become FileMaker in April

Claris Japan Inc., the Japanese subsidiary of U.S.-based FileMaker Inc., will change its name to FileMaker Japan on April 1, Claris Japan President Takanobu Miyamoto said Thursday.
JAPAN
Feb 12, 1998

Therapy turns into competition for Nagano Paralympic skier

NAGANO -- Before a car accident left him paralyzed from the waist down, Kazuya Murozuka had never skied in his life.
JAPAN
Feb 12, 1998

Paralympics' legacy left in doubt

Last in a series
JAPAN
Feb 10, 1998

Olympic sponsors hold Games, torch sacred

Seventh in a series
JAPAN
Feb 10, 1998

Firms battle for visibility during Nagano hoopla

NAGANO -- Beyond the venues where some of the world's top athletes are competing for Olympic medals, another battle is under way in this city.
JAPAN
Feb 5, 1998

Fuji's Kasai named Yasuda Trust chairman

In a bid to strengthen its reconstruction, Yasuda Trust & Banking Co. will accept Kazuhiko Kasai, vice president of Fuji Bank, as new chairman with authority to represent the company, the trust bank announced Wednesday.
JAPAN
Feb 5, 1998

WorldCom, BT move toward Japanese telecom licensing

Spurred by global deregulation, two foreign telecommunications giants applied Thursday for a license in Japan in a bid to become the country's first such foreign-owned firms.
JAPAN
Feb 2, 1998

Fewer foreigners studying in Japan

The number of foreign students studying in Japan declined for the second year in a row in 1997 to about 51,000, down 3.5 percent from the previous year, according to an Education Ministry survey released Wednesday.
JAPAN
Feb 2, 1998

Zenkoji Temple to be backdrop for CBS Games coverage

Staff writer
JAPAN
Jan 29, 1998

Rover to recycle its cars in Japan

Amid growing public awareness of the need to conserve the environment, Rover Japan Ltd. will launch a nationwide program in April for recycling its cars, the Japanese subsidiary of the U.K. automaker said Thursday.Rover's announcement follows a similar move by its affiliate BMW Japan Corp., which started...
JAPAN
Jan 26, 1998

Koike made direct payoff demands, court told

Ryuichi Koike, a "sokaiya" corporate racketeer on trial for extortion, demanded payoffs during direct meetings with executives of firms involved in the huge financial scandal surrounding him, prosecutors said Monday during his Tokyo District Court trial.Describing Koike, 54, as a "skillful" and "aggressive"...
JAPAN
Jan 19, 1998

Finance Ministry considering new penalties for Nomura

The Ministry of Finance has begun studying whether new administrative penalties can be imposed on Nomura Securities Co. in connection with a bribery scandal that led to the arrest of two of its former executives, ministry sources said Monday.The ministry will look into whether the giant brokerage, rather...
JAPAN
Jan 15, 1998

Bilingual software aims to open Web to Japanese surfers

Fujitsu Ltd. has developed and will soon release three software packages that promise to open up English-language pages on the Internet for Japanese users.The packages, Nihongo de Search V1.0 (Search in Japanese), Honyaku Surfing V4.0 (Surfing in Japanese) and Honyaku Surfing Plus V4.0 will be marketed...
JAPAN
Jan 13, 1998

Isuzu forecasts 11% drop in auto sales

Sales at Isuzu Motors Ltd. for 1998 will drop 11 percent to 631,000 units amid the economic slump in the domestic market and Southeast Asia, the company said Tuesday.Isuzu produced 705,029 vehicles last year and plans to produce 623,000 this year, down 12 percent. The economic crisis in Thailand will...
JAPAN
Jan 13, 1998

Nikkeiren says firms can't afford pay hikes

The economy is in the doldrums and corporations cannot afford to grant wage increases, according to a report adopted Tuesday at an extraordinary general meeting of the Japan Federation of Employers' Associations (Nikkeiren).Prior to this year's spring labor offensive, known as "shunto," the position...
JAPAN
Jan 12, 1998

Dai-Ichi Kangyo executives plead guilty to payoffs

Four former executives of Dai-Ichi Kangyo Bank pleaded guilty Monday to extending illegal loans to a "sokaiya" corporate extortionist in violation of the Commercial Code, in their first trial hearing before the Tokyo District Court.The four, all wearing navy-blue suits and white shirts, are former Vice...
JAPAN
Jan 2, 1998

The Telecoms Race: TTNet takes lead in domestic price war

Second of two partsStaff writerDeregulation in the telecommunications sector began to be slowly implemented over a decade ago, but it is only now that the industry is entering cutthroat price competition, accelerated by the imminent breakup of NTT.On Jan. 7, Tokyo Telecommunication Network Co. (TTNet)...
JAPAN
Jan 2, 1998

Into the Fast Lane: Multilateral netting to break forex 'oligopoly'

Staff writerBye-bye banks. Some major manufacturers and trading houses are trying to bypass banks for foreign exchange transactions.While it may benefit these firms, the April 1 deregulation will lead to a tough survival game for banks in the foreign exchange business. Under the revised law, firms in...
JAPAN
Dec 31, 1997

'Big Bang' will expose scrimpers' savings to big risks

Staff writer
JAPAN
Dec 26, 1997

Another 'tobashi' brokerage found during probe

The result of a Finance Ministry probe released Friday showed that another securities firm has been involved in "tobashi" transactions.
JAPAN
Dec 25, 1997

Slim second budget approved for '98

The Cabinet on Thursday approved the final version of the government's general investment and loan program for fiscal 1998, which accounts for a total 36.66 trillion yen, down 6.8 percent from the current year.
JAPAN
Dec 25, 1997

Nifco buys out overseas partners

Nifco Inc. bought out its two overseas partners in plastic parts ventures and turned them into subsidiaries this week.
JAPAN
Dec 25, 1997

Ascii to join CSK group

Ascii Corp., a major game software maker and a publisher of computer magazines, will become part of the group led by major information service firm CSK Corp. by issuing new shares to CSK and game machine giant Sega Enterprises Ltd., the three companies announced Thursday.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’