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JAPAN
May 22, 1998

Corporate profits fall first time in four years; city banks see red

Profit levels at most corporations declined for the first time in four years in the 1997 business year to March 31, with at least six of the nation's nine giant "city banks" falling into the red, according to earnings results released through Friday.
JAPAN
May 14, 1998

Societe Generale renews focus on Japan

Societe Generale said Thursday that it would change its business logo in Japan to SG Japan, adding that it plans to galvanize its operations here, especially in the areas of mutual funds and development of new products.
JAPAN
May 4, 1998

Tokyo-Mitsubishi chief defends wining, dining customs

Staff writer
JAPAN
Apr 24, 1998

Saudi prince welcomes all kinds of investment

Saudi Arabia will spare no effort to accommodate Japanese investors, visiting Prince Salman Bin Abdulaziz said April 24.
JAPAN
Apr 23, 1998

Mazda forecasts highest profits since '90

Mazda Motor Corp. said April 23 that it will post its highest profits since 1990 in a revised estimate of earnings for the 1997 business year, which ended in March.
JAPAN
Apr 17, 1998

Nissan downgrades '97 earnings projections

Due to lackluster sales and huge evaluation losses on marketable securities, Nissan Motor Co. on Friday announced a downward revision of its unconsolidated business forecast for the 1997 business year.
JAPAN
Apr 13, 1998

Economy under downward pressure, deflationary risk: BOJ

The economy remains in the doldrums, plagued by weak domestic demand and facing strong downward pressure, the Bank of Japan said April 13 in a monthly economic report gloomier than last month's.
JAPAN
Apr 6, 1998

AT&T Japan names new president

In a move to integrate its groupwide operations here, AT&T Japan announced April 6 the appointment of Darryl E. Green as its new president.
JAPAN
Apr 3, 1998

Enterprise Spirit: Entrepreneur cashes in on Internet telephony

17th in a series of occasional articles on venture businesses
JAPAN
Mar 26, 1998

Ceramics-maker turns bottles into bucks

Sixteenth in a series of occasional articles on venture businesses
JAPAN
Mar 17, 1998

JAL's president, chairman to resign in June

Akira Kondo, president of Japan Airlines Co., and Susumu Yamaji, JAL's chairman, will step down in June to take responsibility for the carrier's poor performance, it was announced March 17.
JAPAN
Mar 13, 1998

Foreign firms attempt to cash in on Tokyo's real estate bargains

Staff writer
JAPAN
Mar 13, 1998

Mitsui Marine & Fire decides against Sanyo takeover

Mitsui Marine & Fire Insurance Co. announced March 13 that it has dropped a plan to take over part of failed Sanyo Securities Co. because it is unlikely the company will be able to make a profit.
JAPAN
Mar 5, 1998

ANA changes profit forecast to loss

All Nippon Airways Co. announced Thursday that it is revising its forecast of a 2.3 billion yen net profit in its business report for the term that ends in March 1998 into a 3.2 billion yen net loss.
JAPAN
Feb 20, 1998

Contractors face collapse as banks gird for Big Bang

Last in a series
JAPAN
Feb 17, 1998

Transport chief seeks to end officials' free plane rides

Transport Minister Takao Fujii said Tuesday that he has ordered ministry officials to consider abolishing a half-century-old practice under which Civil Aviation Bureau officials get free rides on Japanese airline firms for business trips.
JAPAN
Feb 10, 1998

JNR sells off pricey Tokyo station plots

Japanese National Railway Settlements Corp. announced Tuesday that a 1.2-hectare plot of land in front of JR Tokyo Station will be sold to a team comprising Mitsubishi Estate Co. and Nippon Life Insurance Co.
JAPAN
Feb 5, 1998

Kagawa makes bid to lure more foreign tourists

KOTOHIRA, Kagawa Pref. -- In order to visit the 3,000-year-old Kompira Shrine, which still attracts millions of pilgrims and tourists here each year, a long, steep slope of 1,368 stone steps must first be conquered.
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 26, 1998

Merging U.S. guarantors to set up shop in Tokyo

MBIA Inc. and CapMAC Holdings, two major U.S. financial guarantors set to merge in March, will set up an office in Tokyo this summer to enhance their business in the Japanese market, the firms' CEOs announced Monday.Financial guarantors assure investors of the principal and interest of municipal or...
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
Jan 21, 1998

Osaka projects in 668 billion yen of red ink

OSAKA -- One-quarter of Osaka's high-profile, third-sector projects are now 668 billion yen in the red, but city officials are still pumping money into them in the hopes they will eventually turn a profit.Third-sector projects, which are corporations jointly established by Osaka and private businesses,...
JAPAN
Jan 20, 1998

Ushio urges businesses to curtail wining, dining expenses

The business sector should try to cap its social expenses to sharply reduce the amount spent on wining and dining, Jiro Ushio, chairman of the Japan Association of Corporate Executives (Keizai Doyukai), said Tuesday.Ushio's remarks come after police arrested former executives of Nomura Securities Co....
JAPAN
Jan 16, 1998

Kobe Revisited: City rebuilding economic strength

Staff writerKOBE -- Three years after an early morning earthquake measuring 7.2 on the Richter scale resulted in the loss of more than 6,400 lives and left tens of thousands homeless, Kobe has rebuilt most of its economic infrastructure. But its recovery has not come without criticism over the plight...
JAPAN
Jan 13, 1998

Armed man holds official hostage at Tokyo Stock Exchange

A man in his 40s wielding what appeared to be a pistol took a hostage Tuesday and holed up in the governor's suite on the 14th floor of the Tokyo Stock Exchange building, demanding to meet with the finance minister, police said.The man, clad in a business suit, took captive Masahiro Abe, 50, an exchange...
JAPAN
Jan 8, 1998

Hashimoto dismisses calls for any further tax cuts

Prime Minister Ryutaro Hashimoto indicated Thursday that he opposes income and residential tax cuts above the 2 trillion yen already announced.Speaking before the House of Councilors' Finance Committee, Hashimoto said he was aware of calls from business leaders and opposition parties for a greater reduction...
JAPAN
Dec 31, 1997

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

Staff writer
JAPAN
Dec 24, 1997

LDP's Kato suggests regional banks close overseas units

In another attempt to ease the growing credit crunch, Koichi Kato, secretary general of the ruling Liberal Democratic Party, has urged Japan's regional banks to close their international operations and focus on supplying more funds to local companies.
JAPAN
Dec 22, 1997

Economic worries send TSE below 15,000 level

The Tokyo stock market ended sharply lower Monday, with the downtrend in share prices continuing unabated amid growing worries about the ailing economy.
JAPAN
Nov 24, 1997

Yamaichi Securities decides to shut down

Yamaichi Securities Co. formally decided Monday to close down voluntarily amid a financial crisis linked to flagging stock prices, fallen credibility from payoff scandals and recently discovered losses from illegal "tobashi" trading activities.
China warns citizens not to visit Japan as row over Taiwan heats up
Chinese tourists wear kimonos as they visit Sensoji temple in Tokyo's Asakusa district on Saturday.
From France to Mali, a deportee's struggle far from home
Moussa Sacko, a Malian deported from France — where he had lived since he was a young child — stands on a street in Bamako, Mali, in December. Compared with his home in France, Bamako feels like a different planet, Sacko said.
China warns of military response if Japan intervenes in Taiwan contingency
Representatives from the Japan Innovation Party hand over a proposal to designate Xue Jian, the Chinese consul-general in Osaka, as persona no grata, to a staff of the Prime Minister's Office in Tokyo on Wednesday.
At Ginza’s newest hotel, luxury is a private treasure
At Fufu Tokyo, each guest room comes with its own private "onsen" (hot spring) — a luxury nearly unheard of in the heart of Tokyo's capital.
Japan may triple departure tax to tackle overtourism
A plane takes off from Haneda Airport.
At Ginza’s newest hotel, luxury is a private treasure
At Fufu Tokyo, each guest room comes with its own private "onsen" (hot spring) — a luxury nearly unheard of in the heart of Tokyo's capital.
Japan fully enters sports streaming era as fans face new dilemmas
Sports fan Tadashi Yokoyama streams basketball and fencing on three screens.
Stablecoins: Boring goes big, and now in Japan
Noritaka Okabe, CEO of JPYC, acknowledges a number of potential risks related to stablecoins.
Shohei Ohtani collects fourth MVP Award with 2025 NL honor
The Dodgers' Shohei Ohtani was named National League MVP for the second straight season on Thursday.
As Japan’s female leader rises, can she cross sumo’s sacred line?
Japan Sumo Association Chairman Hakkaku (front center) delivers a speech on the first day of the Kyushu Grand Sumo Tournament at the Fukuoka Kokusai Center on Sunday. Centuries of belief and tradition still underpin the all-male association's stance of excluding women.

Podcast

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

Longform

An illustration features the Japanese signs for "ganbare" (good luck) and the Deaflympics, which will be held between Nov. 15 and 26.
A century of Deaf sport finds its moment in Tokyo
By Kathryn Wortley

SUSTAINABLE JAPAN

We are pleased to announce the winners of the 6th annual Sustainable Japan Award.
We are pleased to announce the winners of the 6th annual Sustainable Japan Award.

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