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November 16, 2025
 

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JAPAN
Nov 4, 1997

Financing of Kansai airport runway decided

OSAKA -- Leaders of four Osaka-based business organizations and the Japan Federation of Economic Organizations (Keidanren) agreed Tuesday on a plan for how the private sector should finance the construction of a second runway at Kansai International Airport.
JAPAN
Oct 23, 1997

Analyst calls them the 'Big Three'

Yamaichi Securities Co. is no longer worthy of being grouped with the Big Four securities firms, an analyst said Oct. 23, reacting to the firm's business results.Hiroshi Okumura, a professor of business management at Chuo University, was commenting on Yamaichi's 2.7 billion yen in pretax losses and...
JAPAN
Oct 17, 1997

Western Canada, Kansai plan better ties

KOBE -- Government and business officials from the Kansai region and western Canada agreed Oct. 17 to strengthen private-sector-driven cooperation to revitalize and diversify their economies.Canadian participants at the Kansai-Canada West Business Forum said western Canada welcomes investment by Kansai-based...
JAPAN
Oct 14, 1997

Bad-loan troubles force Kyoto bank to liquidate

OSAKA -- Kyoto Kyoei Bank said Oct. 14 that it will begin liquidation procedures and transfer its operations to Osaka-based Kofuku Bank by next Oct. 1, after using funds from the Deposit Insurance Corp. to get rid of its nonperforming assets.Kofuku, another second-tier regional bank with bad loans of...
JAPAN
Oct 2, 1997

Economic turmoil won't deter South Korea, trade chief says

Staff writerDespite the current economic turmoil involving major business conglomerates and financial institutions, South Korea says it will maintain its deregulation and liberalization policies."We launched this market principle to strengthen company management, and it should help increase international...
JAPAN
Sep 30, 1997

NCB and Bankers Trust reach cross-shareholding agreement

Nippon Credit Bank and Bankers Trust Co. of the United States will hold between 1 billion yen and 2 billion yen in each other's shares, and Bankers Trust will also acquire an option to buy additional NCB shares worth 15 billion yen in three years, NCB announced Sept. 30.
JAPAN
Aug 6, 1997

In with a Bang: Foreign financial firms eye deregulation

Japan's so-called Big Bang financial reform is a long time in coming, but foreign financial institutions are well prepared to meet the challenge, according to the head of the Tokyo office of ING Barings Securities Japan.
JAPAN
Aug 6, 1997

PC sales, exports remain at last year's levels

Domestic shipments and exports of personal computers by the nation's 23 major PC manufacturers totaled 2 million units in the April-June period this year, unchanged from the same period last year, an industry group reported August 6.
JAPAN
Jul 30, 1997

Bolivian envoy touts seeds of investment

Bolivian Ambassador Jorge Balcazar Aranibar, who finishes his assignment and departs for home July 31, believes the seeds have been sown for a stronger relationship with Japan.
JAPAN
Jul 30, 1997

Top brokerage to cut pay of board members, punish others

Following the announcement of administrative penalties against Nomura Securities Co. for its illegal dealings with a "sokaiya" corporate extortionist, Nomura will cut the salaries of its board members and punish 25 of its employees, President Junichi Ujiie said July 30.
JAPAN
Jul 24, 1997

Keidanren sees solution in external auditors

OYAMA, Shizuoka Pref. -- Japanese firms need to create a strong system of checks and balances on management by hiring more external auditors, top business leaders agreed July 24 at the annual summer forum of the Japan Federation of Economic Organizations (Keidanren).
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 16, 1997

Welfare group raided over alleged fraud

OSAKA -- Osaka and Kyoto prefectural police jointly raided the main office of the Tokufukai welfare business group and more than 20 other locations July 16 over allegations that the group committed fraud involving a massive amount of government subsidies.
JAPAN
Jul 15, 1997

NPA striving for new sex industry regulations

A National Police Agency panel met for the first time July 15 to study ways to regulate dating clubs, adult video home delivery services and other activities that are not currently covered by the adult entertainment business law.
JAPAN
Jul 9, 1997

FTC drafts rules on forbidden holding firms

The Fair Trade Commission released on July 9 its draft guideline for prohibited cases of holding companies under the revised Antimonopoly Law.
JAPAN
Jun 25, 1997

Manufacturers found upbeat in latest 'tankan' survey

The Bank of Japan's quarterly "tankan" survey startled most market analysts June 25 by reflecting unexpectedly strong business sentiment among the nation's principal manufacturing firms.
JAPAN
Jun 17, 1997

Carmakers will not reduce exports, JAMA says

Japan's auto industry has no intention of sharply increasing exports, but the idea that automakers should refrain from exporting more is not acceptable, according to the head of the Japan Automobile Manufacturers Association.
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
Jun 2, 1997

Scandals cast doubt abroad that 'Big Bang' will work

Amid the scandals involving the nation's major financial institutions, questions are being raised overseas about whether the "Big Bang" financial reforms can bring true changes, Kumiharu Shidehara, deputy secretary general of the Organization for Economic Cooperation and Development, said June 2.
JAPAN
May 22, 1997

Electronics firms leapfrog falling semiconductor market

Buoyed by strong sales of computer-related equipment and communications devices such as cellular phones, the nation's major electronics manufacturers on May 22 reported increases in sales revenues in the business year that ended March 31.
JAPAN
May 20, 1997

Honda posts record net sales of 5.29 trillion yen

Backed by strong sales of its cars in Japan and major overseas markets, Honda Motor Co. posted record-high consolidated net sales of 5.29 trillion yen in the 1996 business year, up 24.5 percent from the previous year, the automaker announced May 20.
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

SEC backs interim reform reports

Interim reports on deregulation of the securities industry -- including calls to further liberalize brokerage commissions beginning April 1, 1998 -- were approved May 16 by an advisory council subcommittee to the finance minister.
JAPAN
May 15, 1997

Japan finalizes plans for sweeping reform

The government on May 15 finalized a detailed program to revamp the nation's economic structure and maintain a leading position in the global market in the coming century.
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
Mar 19, 1997

Daiei head urges 'new' Kobe as global city

OSAKA -- Rather than compete with Osaka as a business center, Kobe should be rebuilt as a city that offers a pleasant living environment, and priority should be given to economic development of the bay area, according to Isao Nakauchi, chairman, president and CEO of Daiei Corp.
JAPAN
Mar 7, 1997

Kyoto cab firm offers Tokyo top-service taxis, discount fares

Neatly dressed in a uniform designed by Hanae Mori, Japan's leading fashion designer, an MK Taxi driver can make you feel like you are riding in a limousine. The driver will greet you as you climb aboard and, upon arrival at your destination, open the door for you, instead of relying on the automatic...
JAPAN
Mar 7, 1997

JAL predicts 20 billion yen pretax loss

Blaming a recent sharp rise in fuel prices, Japan Airlines on Mar. 7 revised its forecast and said it would post a pretax loss of 20 billion yen in the 1996 business year that ends this month.
JAPAN
Mar 7, 1997

Dai-ichi Kangyo expects to post first-ever pretax loss

Dai-ichi Kangyo Bank announced Mar. 7 that it will revise downward its earnings projections for the current business year and post its first-ever pretax losses to place greater priority on writing off its bad loans.
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.
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.
Tatsuya Nakadai: A masterful leading man and postwar icon
Tatsuya Nakadai had the look of a leading man in his youth, but his large and searching eyes suggested the pain and loneliness of an old soul.

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

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