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September 20, 2025
 

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JAPAN
Jun 5, 1997

Nomura ex-chief denies knowledge of 'sokaiya' payoffs

Yoshihisa Tabuchi, former president of Nomura Securities Co., maintained June 5 in unsworn Diet testimony that he had nothing to do with the alleged illegal payoffs by the nation's largest brokerage to a "sokaiya" corporate extortionist.
JAPAN
Jun 2, 1997

Kankeiren woos NTT headquarter move to Osaka

OSAKA -- Yasuo Shingu, chairman of the Kansai Economic Federation (Kankeiren), June 2 expressed hope that Nippon Telegraph and Telephone Corp. will set up its western regional headquarters in Osaka after its expected breakup.
JAPAN
May 29, 1997

ANA's Yoshikawa declines president's post

The feud among top managers at All Nippon Airways took an unusual twist May 29 as the airline announced that its president-designate had withdrawn his nomination and a new president had been appointed.
JAPAN
May 29, 1997

Hospitals free to inflate charges for uninsured patients

A 54-year-old Filipino woman living in Inage, Chiba Prefecture, was taken ill in April and had to use an ambulance to go to a hospital in the city of Chiba. She was suffering from acute appendicitis and needed immediate surgery.
JAPAN
May 28, 1997

Quadriplegic sues BMW over air bag accident

OSAKA -- A 66-year-old man who was paralyzed in a car accident filed a lawsuit May 27 against the company that imported the vehicle and the dealer he bought it from, claiming he was severely injured because the air bag failed to deploy.
JAPAN
May 23, 1997

The Asahara Trial: Commuter recalls gas attack victims

A Tokyo company employee described in court May 23 how he helped three victims of the 1995 nerve gas attack on the Tokyo subway system, for which some members of the religious cult Aum Shinrikyo are now on trial.
JAPAN
May 23, 1997

Ogawa Securities to shut down

OSAKA -- Ogawa Securities Co., burdened with mounting bad loans, will halt operations May 27 and plans to go out of business July 31, the company said May 23.
JAPAN
May 22, 1997

ANA feud takes new twist: Wakasa to resign from board

Tokuji Wakasa, the powerful and controversial 82-year-old honorary chairman of All Nippon Airways, will resign as a board member next month in an apparent move to take responsibility for a recent feud that shook the firm's top management.
JAPAN
May 16, 1997

Forex decontrols kick off 'Big Bang'

The Diet enacted a law May 16 that ends the monopoly of banks in the foreign exchange business, allowing other companies and individuals to freely sell and buy foreign currencies and initiating the first of the "Big Bang" reforms.
JAPAN
May 16, 1997

Wakasa likely to resign over ANA reshuffle

Tokuji Wakasa, honorary chairman of All Nippon Airways, is likely to resign as a board member to take responsibility for confusion over the airline's personnel change in senior management, sources said May 16.
JAPAN
May 15, 1997

Second-tier brokerages post dismal results

Low stock prices in the latter half of fiscal 1996 spelled dismal results for nine of the nation's 10 second-tier brokerages, almost all of which posted pretax losses for the year that ended in March, according to unconsolidated earnings reports released May 15.
JAPAN
May 12, 1997

Earthquake in Tohoku interrupts trains

A strong earthquake measuring 4 on the Japanese seismic scale to 7 jolted a wide area of northeastern Japan on early May 12, interrupting railway and expressway services. There were no immediate reports of injuries.
JAPAN
May 12, 1997

Callback services draw telecom giants' ire

Callback services, though introduced in Japan almost five years ago, continue to thrive under a certain veil of mystery.
JAPAN
May 9, 1997

Forced wartime laborer demands action, apology

A 75-year-old Korean resident applied to the Japan Federation of Bar Associations May 9 to take action over wartime forced labor, seeking an apology and compensation from the Japanese government and a mining company.
JAPAN
May 8, 1997

Religious group Ho-no-Hana failed to report income

A controversial religious group in Shizuoka Prefecture has failed to report some 4.7 billion yen in income, tax officials said May 8.
JAPAN
May 8, 1997

Making sense of the tax mystery for foreigners

Japan's tax system appears to be one of the most difficult concepts for foreigners to understand. It would come as no surprise if a foreigner working in the country -- in particular someone employed without a proper visa -- knew little or nothing about income tax returns.
JAPAN
Apr 29, 1997

Umeda Sky Building venue for German Import Fair

OSAKA -- The German Import Fair, the first ever of its type in Osaka, will be held at the Umeda Sky Building complex here from May 16 to 18.
JAPAN
Apr 25, 1997

Businesswomen discuss challenges of 21st century

Although the Japanese word for wife is "kanai," literally meaning "in the home," it should be changed to "kasoto," or "outside the home," said former Olympic gymnast and Upper House Councilor Kiyoko Ono in a speech April 25 to members of the 5th World Congress of Women Entrepreneurs.
JAPAN
Apr 25, 1997

NCB, Bankers Trust formally announce tieup

Nippon Credit Bank and Bankers Trust Company formally announced April 25 their agreement to collaborate on securitization of transactions and overseas financial business operations and to hold shares in each other.
JAPAN
Apr 25, 1997

Top strategist leaves Nomura

Nomura Securities Co.'s chief strategist, Atsushi Mizuno, will resign at the end of the month to take a similar position with the Tokyo operation of Deutsche Morgan Grenfell Capital Markets Ltd. on May 1, company sources said April 25.
JAPAN
Apr 24, 1997

Izui pleads guilty to tax evasion

Osaka-based oil dealer Junichi Izui pleaded guilty April 24 to committing massive tax evasion between 1992 and 1994.
JAPAN
Apr 23, 1997

Ministry considers punishment for Nomura

The Finance Ministry has begun studying details of the punishment to be imposed on Nomura Securities Co. over its shady stock deals and payments to a firm linked to a "sokaiya" corporate extortionist, according to ministry officials.
JAPAN
Apr 22, 1997

Woman arrested in knifing of pregnant woman

OSAKA -- A 22-year-old part-time worker was arrested April 22 on suspicion she asked her boyfriend to kill a pregnant postal worker, police said.
JAPAN
Apr 21, 1997

Yamaichi denies report it reimbursed Hanwa

Yamaichi Securities Co. denied on April 21 a newspaper report that it had reimbursed Hanwa Co., an Osaka trader, for investment losses.
JAPAN
Apr 18, 1997

WTO sought on Indonesia car row

Japan has initiated procedures to file a request with the World Trade Organization to set up a dispute settlement panel to examine Indonesia's national car policy, according to the Ministry of International Trade and Industry.
JAPAN
Apr 17, 1997

German Import Fair comes to Osaka

OSAKA -- The German Import Fair, the first ever of its type in Osaka, will be held at the Umeda Sky Building complex here from May 16 to 18.
JAPAN
Apr 16, 1997

Criminal charges sought against PNC, officials

The Science and Technology Agency has asked police to take criminal action against Power Reactor and Nuclear Fuel Development Corp. and some PNC officers over a series of accidents and ensuing coverup attempts at its atomic facilities, agency chief Riichiro Chikaoka said April 16.
JAPAN
Apr 15, 1997

Komae mayor also admits taking bribes

Former Mayor Mitsuo Ishii of Komae, Tokyo, who stepped down last June after amassing huge gambling debts, pleaded guilty April 15 to charges of bribe-taking in his first trial hearing before the Hachioji branch of the Tokyo District Court.
JAPAN
Apr 11, 1997

Saito denies buying Diet seat

Real estate company chief Mamoru Saito, who is allegedly involved in the Orange Kyosai Kumiai mutual aid society fraud, repeatedly denied Friday that he distributed money to politicians to buy a Diet position for Upper House member Tatsuo Tomobe.
JAPAN
Apr 11, 1997

ANA to help Skymark obtain license

All Nippon Airways has signed a contract with Skymark Airlines to provide technical assistance to help Skymark obtain a license to begin business, ANA President Seiji Fukatsu said Friday. In a news conference, Fukatsu said that the contract was signed in late February and that ANA will help Skymark procure...
Wealthy foreign nationals picking up ultimate souvenir — a condo in Tokyo
A high-end property in the fashionable Daikanyama district in Tokyo
Bank of Japan to start unloading ETFs in surprise move that rattles market
BOJ Gov. Kazuo Ueda said it would take a century for the bank to sell all its ETFs at the pace proposed.
Over 90% of low-income families in Japan struggling to feed children
Save the Children Japan domestic program chief Sonoko Kawakami speaks at a news conference in Tokyo in July. A survey conducted by the group in June has found that over 90% of low-income households with children face food insecurity.
JAL to punish president and 36 others over pilot drinking scandal
Japan Airlines Managing Executive Officer Yukio Nakagawa (center) and others apologize after one of the airline's pilots was found to have been drinking alcohol, during a news conference in Tokyo on Sept. 4.
After seven decades, is it finally time for the LDP to split up?
Signage atop the Liberal Democratic Party headquarters in Tokyo. Japan’s ruling party faces a tough decision over its future as it searches for a new leader to replace outgoing Prime Minister Shigeru Ishiba, reverse its waning popularity and reassure investors
World Athletics stars relish Tokyo atmosphere after COVID-hit Olympics
Organizers of the World Athletics Championships said over 500,000 tickets had been sold and that they are expecting to end the event in front of large crowds this weekend.
Japan’s front-line researchers see bright path ahead for dementia treatment
A scientist looks at scans of grains at the Memory Centre at the Department of Readaptation and Geriatrics of the University Hospital (HUG) in Geneva, Switzerland, on June 6, 2023.
Still plenty to fight for, says Japan’s team leader at worlds
Race walker Hayato Katsuki earned bronze for Japan on the opening day of the World Athletics Championships on Saturday.
Wealthy foreign nationals picking up ultimate souvenir — a condo in Tokyo
A high-end property in the fashionable Daikanyama district in Tokyo
Japanese athletes inspired by raucous home fans at World Athletics Championships
Fans cheer on the home favorites during the women's marathon at the World Athletics Championships in Tokyo on Sunday.

Podcast

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

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’
By Alex K.T. Martin

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