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JAPAN
Jun 29, 2012

Koshiishi scrambles to avoid DPJ split

Hoping to head off a possible breakaway from the ruling Democratic Party of Japan, DPJ Secretary General Azuma Koshiishi met Thursday with Ichiro Ozawa, appealing to the party kingpin to stand behind Prime Minister Yoshihiko Noda and shore up unity.
EDITORIALS
Jun 29, 2012

Making what people will buy

The Noda Cabinet on June 5 endorsed a fiscal 2011 white book for promoting Japan's core manufacturing technologies. The report, jointly compiled by the trade and industry ministry, the labor and welfare ministry, and the education ministry, expresses a sense of crisis over the fact that market shares...
EDITORIALS
Jun 28, 2012

Better disaster planning needed

The Noda Cabinet on June 19 adopted a 2012 white book on disaster prevention that deals with not only the 3/11 earthquake and tsunami and the subsequent Fukushima nuclear crisis but also major earthquakes expected to occur close to the Tokyo metropolitan area and in the Nankai Trough, a 900-km subduction...
Japan Times
BUSINESS
Jun 28, 2012

Tax hike risks stunting growth in '14

Prime Minister Yoshihiko Noda risks stalling the economy by pushing through his consumption tax increase, which may dampen spending even as it aids efforts to tame the world's largest debt burden.
EDITORIALS
Jun 27, 2012

Rough start for Egyptian democracy

It took longer than anticipated, but there is finally a victor in Egypt's first truly competitive presidential elections. Mr. Mohamed Morsi, the candidate of the Muslim Brotherhood, prevailed over former Gen. Ahmed Shafik. The outcome is symbolic on many levels, but most significantly because it is not...
EDITORIALS
Jun 26, 2012

Nuclear laws have serious flaws

The Diet on June 20 enacted a law to establish a nuclear regulatory commission. If the new body is established, it will end the current system, in which the authorities promoting nuclear power generation and the authorities regulating it are virtually integrated in the form of the trade and industry's...
JAPAN
Jun 22, 2012

Ozawa, allies to vote against tax hike bill

Prime Minister Yoshihiko Noda and his ruling Democratic Party of Japan said Thursday they have abandoned attempts to pass the tax hike bill Friday, but an internal rift looms as Ichiro Ozawa officially declared his intention to vote against the legislation.
JAPAN
Jun 21, 2012

Noda officially gives in on tax, welfare reform

Prime Minister Yoshihiko Noda and Democratic Party of Japan executives officially endorsed changes to the government's social security and tax reform bills Wednesday, while signalling the Diet session will be extended, possibly to early September.
JAPAN
Jun 20, 2012

Okinawa governor opposes Osprey deployment

Kyodo Okinawa Gov. Hirokazu Nakaima is urging the central to stop the planned deployment of U.S. MV-22 Osprey aircraft at the Futenma air station following recent crashes abroad.
BUSINESS / ANALYSIS
Jun 19, 2012

Greek outcome only step in right direction

The yen fell against the euro and Asian stocks rose after proausterity New Democracy won the national elections in Greece on Sunday, but pundits warned that it is too early for Japan to breathe a sigh of relief.
EDITORIALS
Jun 16, 2012

New fisheries approach needed

The Cabinet on May 25 endorsed a white book on fisheries for fiscal 2011. As the white book points out, it is important to revitalize fisheries in the Pacific coastal areas of the Tohoku region, which greatly suffered from the 3/11 earthquake and tsunami and the subsequent Fukushima nuclear crisis. Reviving...
Japan Times
JAPAN
Jun 13, 2012

The fax of life: Japan refuses to part with aging device

In Japan's businesses and bureaucracies, in home offices and hulking companies, the fax machine is thriving.
BUSINESS
Jun 13, 2012

Nomura faces punishment for insider info leaks

Nomura Holdings Inc. may face "severe action" by regulators after employees of the country's biggest securities firm leaked insider information, Financial Services Minister Tadahiro Matsushita has announced.
BUSINESS / CABINET INTERVIEW
Jun 9, 2012

New financial services minister eyes stiffer fines for insider trading

The Financial Services Agency may impose heavier fines on those who engage in insider trading in light of a spate of recent cases, according to its new chief.
Japan Times
JAPAN / CABINET INTERVIEW
Jun 9, 2012

Hata to go full throttle on Yanba Dam

New infrastructure minister Yuichiro Hata plans to pick up where his predecessor left off and to controversially proceed with the stop-start Yanba Dam project in Gunma Prefecture.
EDITORIALS
Jun 8, 2012

Building a nation of green growth

The Noda Cabinet on May 29 endorsed the 2012 white book on the environment. It calls for promotion of electricity power generation through renewable energy sources in the Tohoku region. Given the effects of the March 11 disasters and the subsequent Fukushima nuclear crisis, this is a reasonable approach....
COMMENTARY / World
Jun 6, 2012

LDP's dangerous proposals for amending antiwar article

The Liberal Democratic Party published its new draft constitutional amendment proposal in late April. The draft reflects a number of significant changes above and beyond those advanced in the proposal unveiled by the LDP in 2005. The proposal includes a complete overhaul of Article 9, the war-renouncing...
Japan Times
BUSINESS
Jun 6, 2012

New FSA boss vows crackdown on insider trading

The new financial services minister, Tadahiro Matsushita, pledged to deepen his agency's investigation into the insider trading that has undermined confidence in the country's financial markets.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami