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JAPAN
Feb 21, 1997

No accord yet on holding firms; deadline Feb. 24

The ruling coalition moved closer to agreement Feb. 21 on revising the Antimonopoly Law to lift a 50-year-old ban on holding companies. However, it failed for the second time this week to meet a deadline for settling the issue.
JAPAN
Feb 20, 1997

Budget for public works to be reviewed

Prime Minister Ryutaro Hashimoto's study group on fiscal reform, consisting of leaders from the government, the ruling party and its allies, said Feb. 20 it will review the planned 630 trillion yen to be spent on public works projects between fiscal 1995 and 2004, officials said.
JAPAN
Feb 20, 1997

Special tax measures mulled for NTT split

Special tax measures may be temporarily applied for the planned breakup of Nippon Telegraph and Telephone Corp. but they will not be applied to consolidated earnings, a top Finance Ministry official said Feb. 20.
JAPAN
Feb 17, 1997

MITI role as power plant assessor urged

An advisory body to the MITI chief said Feb. 17 that the ministry should play a key role in the environmental assessment of power plants to ensure that the facilities are ecologically friendly and energy is developed smoothly.
JAPAN
Feb 13, 1997

Tokyo may revise law on U.S. land leases

The government may revise a special law so that it can smoothly extend forced leases on land used for U.S. military facilities in Okinawa Prefecture, Chief Cabinet Secretary Seiroku Kajiyama hinted Feb. 13. It is the first time that Kajiyama, who is responsible for affairs related to U.S. bases there,...
JAPAN
Feb 13, 1997

Dad offers reward to find missing son

SINGAPORE -- A Singaporean businessman is offering a 3 million yen reward to find his only son, who failed to return from a hiking trip to Mount Fuji.
JAPAN
Feb 12, 1997

Palau seeks more than money

A Japanese representative for the Republic of Palau is seeking support, both moral and financial, for the small South Pacific island country, which he said has suffered a terrible setback since the bridge connecting its two main islands collapsed in 1995.
JAPAN
Feb 12, 1997

Shinshinto opposes sex slave mentions in texts

A group of lawmakers from Shinshinto, the largest opposition party, demanded Feb. 12 that the planned inclusion of descriptions of wartime "comfort women" in school textbooks be scrapped.
JAPAN
Feb 11, 1997

Cupid liquidation sale attracts hearty crowd

Chihiro Matsuda likes jewelry very much, especially from her boyfriend. But she has one minor problem. "Now that we've broken up, I don't want this bracelet and necklace he gave me," she said. And, she added, now that she has a new boyfriend, she wants to make a fresh start "without bad memories."
JAPAN
Feb 10, 1997

'96 surplus declines 31% for third straight fall

Japan's current account surplus for calendar 1996 fell 30.9 percent from the previous year to 7.18 trillion yen, marking the third straight year of decline, according to preliminary statistics released Feb. 10.
JAPAN
Feb 7, 1997

Kajiyama says bikes, phones musts for ministers

Chief Cabinet Secretary Seiroku Kajiyama said Feb. 7 that he has instructed each Cabinet minister to have a bicycle and a mobile phone as part of the government's efforts to increase preparation for massive disasters.
JAPAN
Feb 7, 1997

3,000 to sue U.S., Japan over Yokota takeoffs, landings

A group of about 3,000 residents in 10 cities in Tokyo and Saitama Prefecture will file a suit Feb. 14 against the Japanese and U.S. governments to seek suspension of night and early morning landings and takeoffs at Yokota Air Base, it was learned Feb. 7.
JAPAN
Feb 6, 1997

JAMA chairman rebuts excessive export claims

In an apparent effort to nip another potential trade problem in the bud, Yoshifumi Tsuji, chairman of the Japan Automobile Manufacturers Association, Feb. 6 rebutted recent U.S. claims that the yen's drop is helping Japanese automakers increase U.S.-bound exports, noting that Japanese exports actually...
JAPAN
Feb 6, 1997

BOJ autonomy urged in panel's final report

An advisory body to the finance minister Feb. 6 proposed sweeping changes to the decades-old Bank of Japan Law that would give the central bank more autonomy in policymaking.
JAPAN
Feb 5, 1997

Ministry to boost flu vaccine stocks to ready for 'big one'

Ministry officials said Feb. 5 that a ministry task force set up last month to handle such national crises as the scandal involving HIV-tainted blood products will take up the issue of depleted flu vaccine stocks in its second meeting on Feb. 14.
JAPAN
Feb 5, 1997

Bangkok meeting to seek cooperation on civil aviation

Government officials and airlines from 18 nations in the Asia-Oceania region will gather in Bangkok on March 5 and 6 seeking cooperation in the field of civil aviation, Transport Ministry officials said Feb. 5.
JAPAN
Feb 5, 1997

Hosokawa denies taking money from Tomobe

NARITA, Chiba Pref. -- Former Prime Minister Morihiro Hosokawa on Feb. 5 flatly denied an allegation that he received money from Tatsuo Tomobe, a House of Councilors member who is under arrest on suspicion of fraud, to ensure Tomobe was elected in the July 1995 Upper House election.
JAPAN
Feb 5, 1997

TSE wooing foreign firms in effort to halt exodus

During the asset-inflated bubble economy of the late 1980s, when the Tokyo stock market was enjoying rocketing prices, brisk transactions and a high reputation, securities authorities did not have to worry about how to invite foreign companies to list. But times have changed.
JAPAN
Jan 31, 1997

Bureaucrats reprimanded for taking gifts

The Finance Ministry's deputy vice minister was issued a verbal reprimand and the head of the Tax Bureau received a strict written warning Jan. 31 for careless conduct that raised doubts over the moral standards of civil servants.Finance Minister Hiroshi Mitsuzuka said verbal action was taken against...
JAPAN
Jan 31, 1997

Ministry warned Orange Kyosai fund was illegal

The Education Ministry had pointed out in 1995 that the Orange Super Fund, an alleged fraud scheme operated by arrested Upper House member Tatsuo Tomobe and his family, could be in violation of the Investment Law, one of the firm's internal documents revealed Jan. 31.After May 1995, ministry officials...
JAPAN
Jan 31, 1997

Commission preserves Aum Shinrikyo from ban

Public Security Commission decided unanimously Jan. 31 to turn down a request to outlaw Aum Shinrikyo under the Antisubversive Activities Law.The seven-member commission, an extra-ministerial board of the Justice Ministry, had discussed whether the law, which was enacted in 1952, should be invoked against...
JAPAN
Jan 31, 1997

GM Japan chief wary of weak yen

Douglas Herberger, president of General Motors Japan Ltd., expressed concern Jan. 31 over the yen's recent depreciation, saying the firm would have to reassess its strategies in Japan if the trend continues."If that trend continues, I will be very concerned," Herberger said, adding that he hopes exchange...
JAPAN
Jan 31, 1997

Confessions, cooperation helped Aum evade antisubversive law

The Public Security Commission's decision Jan. 31 not to invoke the Antisubversive Activities Law against Aum Shinrikyo reflects tremendous changes the cult has gone through in the past few years, including the arrests of its key figures and fugitives and its declaration of bankruptcy.When the Public...
JAPAN
Jan 30, 1997

Britain still in running for investment, Toyota head assures

Hiroshi Okuda, president of Toyota Motor Corp., said his company has made no decision on future investment in Europe and Britain remains one of many possible options.In a statement issued Jan. 30, Okuda said, "The Toyota Motor Corp. position regarding future investment in Europe is now under study and...
JAPAN
Jan 30, 1997

Euro debut will not upset currency markets, EU official says

The 1999 introduction of a single currency in the European Union will not have a destabilizing effect on international currency markets, according to a senior EU official on monetary issues.Herve Carre, director for monetary matters at the European Commission's Directorate General for Economic and Financial...
JAPAN
Jan 29, 1997

Rapid decentralization of government urged

The government should swiftly move as many of its functions to local governments as possible to increase the efficiency of administrative services and reduce fiscal deficits, a business executive said Jan. 29.Ken Moroi, adviser to Chichibu Onoda Cement Corp. and head of the government advisory panel...
JAPAN
Jan 29, 1997

Holding companies move closer

In an attempt to accelerate the process of lifting the ban on holding companies, the Fair Trade Commission on Jan. 29 presented to the ruling coalition the gist of a bill to revise the Antimonopoly Law.Representatives from the three ruling parties -- the Liberal Democratic Party, the Social Democratic...
JAPAN
Jan 28, 1997

Panel eyes Diet approval for BOJ board members

A study panel drafting revisions to the Bank of Japan Law basically agreed Jan. 28 that appointment of central bank policy board members should be approved by the Diet.A majority of the panel's members said the three board members representing the BOJ -- including its governor and deputy governor --...
JAPAN
Jan 28, 1997

Energy-environment turf war flares

Japan, the only industrialized nation without an environmental assessment law, is finally moving toward creating one, but an ongoing tug of war between the Environment Agency and the Ministry of International Trade and Industry is casting a shadow over such prospects.The dispute centers on whether power...
JAPAN
Jan 27, 1997

Hashimoto wants big extra budget

Despite calls by opposition parties to curb extra state spending, Prime Minister Ryutaro Hashimoto on Jan. 27 emphasized the need to implement a proposed 2.666 trillion yen supplementary budget for fiscal 1996.Hashimoto made the remarks in the Diet after Hajime Ishii of Shinshinto, the largest opposition...

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight