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JAPAN
Feb 2, 1998

Nissan, Daihatsu launch new compacts

Hoping to stimulate the auto market, two Japanese companies on Monday introduced new five-door compact models.
JAPAN
Jan 28, 1998

NEC's profit to plunge to 45 billion yen

Due to lackluster sales of personal computers and electronic devices, NEC Corp. announced Wednesday that its consolidated net profit will plunge to 45 billion yen in the 1997 business year, down 51 percent from its previous estimate of 80 billion yen."Investment in information technology was supposed...
JAPAN
Jan 28, 1998

Sanyo to venture into elder care business

Sanyo Electric Co. announced Wednesday that it will enter a new business field by establishing a joint venture firm to run nursing homes in light of the rapidly growing elderly population.Sanyo will set up Sanyo Emeritus Corp. jointly with Seattle-based Emeritus Corp. in February. The new firm will...
JAPAN
Jan 26, 1998

BOJ tells banks to restore trust, dispose of loans

Bank of Japan Gov. Yasuo Matsushita urged Japanese financial institutions Monday to expedite the disposal of their bad loans and reinforce their capital bases to regain the trust of the markets, saying financial market players are taking an increasingly severe look at their financial health.At the opening...
JAPAN
Dec 24, 1997

Honda plans to increase U.S. auto production

Honda Motor Co. announced on Wednesday that by the end of 2001, it will increase its annual production capacity in the United States and Canada to more than 1 million vehicles from the current level of 790,000 units.
JAPAN
Dec 24, 1997

Fortune names Sony chief Idei as Asia's top executive

U.S. business magazine Fortune has announced that Sony Corp. President Nobuyuki Idei has been chosen as its first Businessman of the Year in Asia.
JAPAN
Dec 19, 1997

Failed trading firm's creditors bracing for losses

The impact of the failure of Toshoku Ltd. has begun to ripple through a number of banks and other firms who either deal with or hold shares in the medium-size trading company.
JAPAN
Dec 15, 1997

'Tankan' survey shows business confidence worsening

Business confidence in most sectors has plunged sharply and may slip further, according to the Bank of Japan's quarterly "tankan" survey of business sentiment released Monday.
JAPAN
Nov 6, 1997

PC shipments mark first fall since '92

Domestic shipments and exports of personal computers by Japan's 23 major PC makers dropped for the first time since 1992, totaling 3.97 million units in the first half of the 1997 business year that ended Sept. 30, an industry group announced Thursday.
JAPAN
Oct 28, 1997

Japan's PC market reaches a crossroads

The red warning light is flashing for the personal computer market.
JAPAN
Oct 27, 1997

Improved consumption key to recovery, BOJ says

Improved consumption key to recovery, BOJ says> Economic growth has been slowing since April and business sentiment has weakened, but there are no signs of a sharp decline in corporate profits, employment and income conditions, the Bank of Japan said Oct. 27.
JAPAN
Oct 23, 1997

Ford CEO wants greater access to Japanese market

Staff WriterCHIBA -- Ford Motor Co. hopes for greater foreign access to the Japanese market and a yen strong enough to change Japanese automakers' tendency to over-rely on exports, the company's head said Oct. 23.In an interview with The Japan Times, Alex Trotman, chairman and CEO of Ford, said that...
JAPAN
Oct 22, 1997

Auto show shifts into environmental gear

CHIBA -- The 32nd Tokyo Motor Show will showcase automotive technologies focusing on environmental protection and safety as automakers address growing concerns over air pollution and global warming.This year's show, previewed by reporters Oct. 22 at Makuhari Messe, comes amid a prolonged slump in auto...
JAPAN
Oct 9, 1997

Digital cameras shaking up photo industry

Digital technology is evolving and product prices are declining at such stunning clips that hardly any new industry developments evoke surprise.
JAPAN
Sep 19, 1997

Leading auto parts maker turns to Asia-Pacific market

Tony Gilroy, chief operating officer of Lucas Varity PLC, a leading international auto parts manufacturer, said Sept. 19 that the firm will emphasize the Asia-Pacific market, especially India and China, in its global strategy.
JAPAN
Sep 9, 1997

Mitsubishi, Honda to raise prices in Thailand

Staff writer
JAPAN
Jul 31, 1997

Ministry outlines securities, cash account deregulations

The Finance Ministry on July 31 outlined a package of securities-related deregulation measures that includes lifting a ban on cash management accounts and allowing investment trusts to be sold at banks.
JAPAN
Jun 10, 1997

Nike 'doing it' well in Japan

When sporting goods giant Nike, Inc. opened its Niketown superstore in New York last November, the company anticipated that about 100 journalists would attend the opening day ceremonies.
JAPAN
Jun 10, 1997

Homeless undercut kiosks with used magazines

Some homeless people around JR Shinjuku Station run a thriving business selling discarded magazines at discount prices, but kiosks are complaining that their "illegal" rivals are damaging their sales.
JAPAN
May 30, 1997

JAL posts huge losses on weaker yen

Japan Airlines posted a pretax loss of 16.97 billion yen in the year that ended March 31 due to increased fuel costs and a weaker yen, the firm announced May 30. The airline also reported a net loss of 9.2 billion yen. Although its total sales grew by about 80 billion yen, or 7.1 percent, to 1.2 trillion...
JAPAN
May 29, 1997

Hitachi logs 24% drop in profits for '96

Hitachi Ltd. reported May 29 consolidated pretax profits of 263.3 billion yen for the 1996 business year, which ended March 31, down 24 percent from the previous year.
JAPAN
May 28, 1997

New bilateral trade fears emerging, U.S. says

Although the bilateral economic relationship between Japan and the United States has been relatively calm recently, tensions may increase as Washington voiced concerns May 27 over market access for foreign-made flat glass products and paper.
JAPAN
May 26, 1997

'Kaiware' farmers sue state over reported link to E. coli

OSAKA -- The Osaka District Court opened hearings May 26 in a 53 million yen compensation suit filed by farmers in Habikino, Osaka Prefecture, over a state announcement that linked "kaiware" daikon sprouts from their farm to the O-157 E. coli epidemic last summer.
JAPAN
May 23, 1997

Diet committee passes J. League lottery bill

The Lower House Education Committee approved a soccer lottery bill May 23, paving the way for the implementation of a system to obtain funds from the public to promote sports.
JAPAN
May 22, 1997

Nonlife insurers report 2.2% decline in profits

The nation's five major nonlife insurance firms on May 22 released earnings reports for the year that ended March 31, revealing that their combined pretax profits fell 2.2 percent from the previous year.
JAPAN
Mar 24, 1997

Green Cross execs plead guilty in blood products debacle

OSAKA -- Three former presidents of Green Cross Corp. pleaded guilty Mar. 24 before the Osaka District Court to charges of professional negligence resulting in death because of the drug company's sale of HIV-tainted blood products.
JAPAN
Mar 15, 1997

Renewal of U.S. paper pact 'out of the question,' exec says

The United States is expected to demand this month that Japan introduce a new set of measures to expand foreign paper makers' sales, but a senior Japanese industry official has said such a bilateral arrangement is "out of the question."
JAPAN
Mar 5, 1997

Chrysler offers one-year test drive of Neon

In an effort to increase the popularity of its flagship sedan Neon, Chrysler Japan Sales Ltd. announced Mar. 5 that it will introduce a program on Mar. 7 to let customers "test-drive" the car for a year for a monthly fee of 14,200 yen to 18,800 yen.
JAPAN
Feb 28, 1997

Shinagawa plot sold for 184 billion yen

Japanese National Railways Settlement Corp. announced Feb. 28 that its 5.3-hectare plot of land located on the east side of JR Shinagawa Station would be sold to 10 firms for 183.8 billion yen.
JAPAN
Feb 26, 1997

Video game makers fight a battle over hardware

There is a lesson to be learned from how VHS overthrew Sony Corp.'s Beta system and Microsoft Corp.'s Windows has nearly finished off Apple Computer Inc.'s Macintosh. Now it is being taught in the home video-game market. The lesson: To survive, forming alliances is essential.
Australian firm produces heavy rare earth, in first outside China
The Lynas Rare Earths processing plant in Kalgoorlie, Western Australia
Random stabbing cases in Japan raise fears: Could the next victim be me?
Police officers stand guard on May 7 outside Todaimae Station in Tokyo's Bunkyo Ward after a random stabbing that injured a University of Tokyo student.
Nissan to solicit early retirements while eyeing plant closures in Japan
Nissan's Oppama plant in Yokosuka, Kanagawa Prefecture, may be closed as part of the struggling carmaker's streamlining efforts.
Man falls to his death from Osaka condo, killing cyclist below
Osaka's Kita Ward. Two men died Monday morning in the ward after a man fell from a high-rise condominium and struck a passing cyclist below, according to local police.
Police arrest Chinese man in Saitama hit-and-run case
Police questioned a man who turned himself in as he closely resembled the driver recorded on the dashcam of another vehicle that happened to pass by the scene of a hit-and-run incident in Saitama Prefecture.
The race for more time: Japanese runner decided to freeze eggs for her future
Tomomi Bitoh, seen crossing the finish line in Antarctica, on the first stop of the World Marathon Challenge, is one of the very few Japanese athletes to speak publicly about her experience with egg freezing.
Agnes b. Japan CEO hopes to evolve the brand with focus on sustainability
Laurent Patouillet, the CEO and president of Agnes b. Japan, says the focus of its business is to remain independent, and evolve and adapt.
Flaunt your seasonal greens with Japan’s traditional pureed soup
With the weather warming up, there's no better time to make a bowl of chilled "surinagashi-jiru" (pureed soup).
In Nintendo’s backyard, foreign indie game devs are thriving
Kyoto's gaming landscape is dominated by Nintendo's headquarters, but a contingent of foreign-born indie developers is also working in the gaming giant's shadow.
For Formula E, ‘sustainability is at the heart’
Founded with a mission of promoting electric vehicles, Formula E has always placed sustainability at the forefront of its raison d’etre.

Podcast

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

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb
By Alex K.T. Martin

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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