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JAPAN
Oct 27, 1998

Toshiba, Hitachi report huge midterm losses

Plagued by the prolonged economic slump and falling semiconductor prices worldwide, electronics giants Toshiba Corp. and Hitachi Ltd. on Tuesday reported their first midterm net losses in decades.And they were huge. Hitachi Ltd. posted an unconsolidated net loss of 124.7 billion yen -- the first midterm...
JAPAN
Oct 21, 1998

Nomura to eliminate up to 2,000 jobs worldwide

In response to huge losses at its overseas affiliates, Nomura Securities Co. has decided to reduce payrolls by 1,000 to 2,000 at home and abroad, company sources said Wednesday.Nomura is expected to make an official announcement of the job cuts today when it releases its audited semiannual financial...
JAPAN
Sep 28, 1998

Japan Leasing collapses in record-setting bankruptcy

Japan Leasing Corp. -- one of three nonbank affiliates of the troubled Long-Term Credit Bank of Japan -- has failed and its top management will step down soon, the company said Monday.
JAPAN
Sep 18, 1998

NEC to report 20 billion yen first-half loss

Due to sluggish sales of semiconductors and other major products, NEC Corp. announced Friday that it will report consolidated pretax losses of 20 billion yen for the first half of the current business year.
JAPAN
Sep 17, 1998

Unum Japan blazes path to meaningful disability insurance

Employing the disabled is not just charity work anymore.
JAPAN
Aug 27, 1998

Sickly firm's payouts to ex-bureaucrats spark vacations

Nihon Haika Corp. gave four former executives a total of about 42 million yen in retirement pay last summer, despite the company's nonretrievable debt of 2.7 billion yen, it was learned Thursday.
JAPAN
Aug 19, 1998

TBWA to buy majority stake in ad firm Nippo

TBWA Worldwide, the world's ninth-largest advertising agency network, will acquire a majority stake in Nippo Corp., a Japanese advertising agency affiliated with Nissan Motor Co., top executives of the three firms announced Wednesday.
JAPAN
Jul 30, 1998

Toyota wait-and-see on next KDD

Toyota Motor Corp. will decide whether to increase its stake in KDD Corp., to be set up through the merger of KDD and Teleway Japan Corp., after observing developments in the fast-paced telecommunications industry, Toyota's president said Thursday.
JAPAN
Jul 29, 1998

KDD, Teleway finalize deal for merger next December

In a move likely to further spur cutthroat competition in the telecommunications industry, KDD and Teleway Japan Corp. signed an agreement Wednesday to merge on Dec. 1.
JAPAN
Jul 27, 1998

Pop superstar Jackson to open family theme park, toy shops

Pop-music superstar Michael Jackson announced Monday that he has teamed up with a Japanese venture to develop family-oriented children's attractions in Japan and around the world.
JAPAN
Jul 17, 1998

Shimizu admits charges in welfare pension scam, apologizes

OSAKA -- Former Higashi-Osaka Mayor Yukio Shimizu admitted to all charges brought against him in a welfare pension scam and apologized to the city's residents during the first hearing of his trial Friday at the Osaka District Court.
JAPAN
Jul 15, 1998

Cardboard coffins viewed as more intimate sendoff

Staff writer
JAPAN
Jul 9, 1998

Delahaye aims to help firms' image

In an effort to hone their Japan operations in the face of economic recession, a growing number of multinational firms are looking to analyze their coverage in the Japanese media, U.S. journalist and entrepreneur Katharine Paine said in a Tokyo press conference Thursday.
JAPAN
Jul 3, 1998

Toray buys out 'ultrasuede' business

Toray Industries, Inc. has acquired the human-made suede business of Spring Industries, Inc., a leading U.S. manufacturer of home furnishings and fabrics, Toray's president announced Friday.
JAPAN
Jul 2, 1998

Government approves 'bridge bank' scheme

The government on Thursday formally approved a "bridge bank" plan to take over banks that fail and extend loans to their sound borrowers.
JAPAN
Jun 23, 1998

Nissan diesel minivan sports lower emissions

Nissan Motor Co. announced the domestic release Tuesday of its new minivan, the Presage, which the firm says has luxurious, comfortable and environmentally friendly features.
JAPAN
Jun 10, 1998

Toza head withdraws bankruptcy claim

OSAKA -- The Kansai region president of the failed English-language school Toza Gaigo Gakuin submitted a request Wednesday to withdraw the company's bankruptcy claim from the Osaka District Court.
JAPAN
May 28, 1998

Electric manufacturers' profits suffer amid economic blues

The nation's major chip and computer manufacturers on Thursday reported declines in pretax and net profits in the business year ended March 31 amid sluggish domestic demand and Asia's financial turmoil.
JAPAN
May 26, 1998

Mazda posts 64% jump in consolidated pretax profits

Fueled by increased sales and the improved financial condition of its North American operations, Mazda Motor Corp.'s consolidated pretax profits jumped 64.4 percent in the 1997 business year to 15.49 billion yen, the carmaker said Tuesday.
JAPAN
May 22, 1998

J. League contender Tokyo Gas bent on survival

As dwindling attendance figures raise concerns over the future of Japan's only professional soccer league, one local Tokyo team busily preparing to join the new second division of the J. League next year is hoping that careful management will ensure its success.
JAPAN
May 21, 1998

Sharp president Tsuji to resign in management reshuffle

OSAKA -- Katsuhiko Machida, a managing director of Sharp Corp., will become president on June 26, succeeding Haruo Tsuji, who will become a counselor, it was announced here Thursday.
JAPAN
May 13, 1998

Nomura, IBJ annouce business tieup plans

Financial giants Nomura Securities Co. and the Industrial Bank of Japan announced Wednesday that they are to forge links in the areas of personal asset management and financial derivatives to prepare for increased competition in a more deregulated market.
JAPAN
Apr 30, 1998

Nissan Diesel names new president

Nissan Diesel Motor Co. announced April 30 that President Masayuki Saito will step down and be replaced by Managing Director Hirofumi Nakazawa in late June.
JAPAN
Apr 21, 1998

Four held over credit union's loans

OSAKA -- Police arrested three former executives of a failed credit union here Tuesday for allegedly extending about 75 million yen in loans to a construction company without taking collateral.
JAPAN
Apr 20, 1998

Video 'magazines' to fill foreigners' news needs

Staff writer
JAPAN
Apr 8, 1998

Hilton execs looking to expand presence in Japan

Staff writer
JAPAN
Apr 1, 1998

1.2 million welcomed to nation's workforce

An estimated 1.2 million people joined the workforce Wednesday as companies and government institutions throughout the country held entrance ceremonies to welcome their new recruits.
JAPAN
Mar 27, 1998

Displaced brokers embark on uncertain career paths

Early this month, a 55-year-old manager at the failed Yamaichi Securities Co. had a job interview with Merrill Lynch, a major U.S. brokerage that has launched a new campaign to penetrate the Japanese market.
JAPAN
Mar 16, 1998

Mazda leader looking to revitalize dealerships, sales

Staff writer
JAPAN
Mar 13, 1998

Sega to see first net loss since '88

Due to intensifying competition in the home video game market, Sega Enterprises Ltd. on March 13 revised its profit forecast downward and announced it will suffer consolidated and unconsolidated net losses in the 1997 business year ending March 31.
Millions told to evacuate as heavy rain sparks flooding and landslides in Kyushu
Heavy rain falls in the city of Kumamoto on Monday morning.
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
Chinese vessels collide while pursuing Philippine boat in South China Sea
This handout video grab released and taken on August 11, 2025 by the Philippine Coast Guard shows an incident between a Chinese Navy vessel (left) and a Chinese Coast Guard ship as seen from a Philippine fisheries boat near Scarborough Shoal in the disputed South China Sea.
Weather agency warns of landslides and flooding in Kyushu as heavy rain continues
An embankment on the Amikake River that collapsed due to heavy rain in Aira, Kagoshima Prefecture, on Friday. Downpours continued in the Kyushu region over the weekend.
Tokyo’s WWII museums hold diverse views on war and peace
A carrier-based Type 52 Zero fighter marks the entrance foyer of Yasukuni Shrine's Yushukan, a museum that tells a more nuanced story of Japan's experience in World War II than the controversies around the shrine might suggest.
Osaka Expo highlights the challenge of holding events in Japan's scorching summer
People huddle near a large fan blowing icy-cold mist at the Osaka Expo on July 12. Amid Japan's relentless summer heat, organizes have put myriad measures in place in order to keep guests safe.
At Himawari Shokudo 2, Italian food with a Japanese soul
At Himawari Shokudo 2, chef Hozumi Tanaka serves Italian-inspired fare with a focus on Toyama produce, such as this appetizer of lightly blanched "hotaru ika" (firefly squid) served atop mixed wild plants and a crepe prepared from "yamato-imo" yam.
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Australia's warship selection signals Japanese defense industry's arrival
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan’s defense industry.

Podcast

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

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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