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JAPAN
May 1, 1998

Cigarette sales fall first time in nine years

Nationwide cigarette sales in fiscal 1997 registered the first fall in nine years due partly to price hikes, an industry group has reported.
JAPAN
Apr 30, 1998

Crisis in Asia: Taiwan urged to assist struggling neighbors

Although the stability of Taiwan's economy stands out amid the financial crisis in Asia, the island cannot remain an idle spectator as neighbor countries suffer, according to Wei-Te Liu, executive adviser of the Coordinating Council on Sino-Japanese Business Affairs.
JAPAN
Apr 27, 1998

Honda president to step down in June

After eight years at the helm of Honda Motor Co., President Nobuhiko Kawamoto on Monday announced he will step down in late June.
JAPAN
Apr 24, 1998

Jumbo Mauna Kea telescope project delayed

Final adjustments to Japan's largest single mirror telescope, which sits atop 4,200-meter Mauna Kea, Hawaii, will be put off until December due to delays by an American contractor.
JAPAN
Apr 17, 1998

Japanese insurers postpone decision on AIG's takeover plan

The Japanese life insurance industry has put off making a decision on whether to allow American International Group Inc. of the United States to begin studying a possible takeover of Aoba Life Insurance Co., the industry head said Friday.
JAPAN
Apr 16, 1998

Lawson raided in probe over rebate pressuring

The Fair Trade Commission raided Lawson Japan Co. and about 10 other related locations April 16 over allegations that the convenience store chain violated the Antimonopoly Law by demanding that suppliers deliver their products free of charge and seeking rebates for marketing their goods.
JAPAN
Apr 15, 1998

NEC eludes Cray with remote supercomputer service

NEC Corp., effectively driven out of the American supercomputer market, has launched a remote computing service using its SX-4 supercomputer for overseas and domestic users.
JAPAN
Apr 8, 1998

Aid to curb Myanmar opium could total up to 700 million yen

Staff writer
JAPAN
Apr 6, 1998

Sony chairman Ohga to fill Keidanren post

The Japan Federation of Economic Organizations (Keidanren) on April 6 announced it will appoint Chairman Norio Ohga of Sony Corp. as one of its vice chairmen.
JAPAN
Mar 31, 1998

Toyota to turn up output at Indiana plant

Toyota Motor Corp. will expand the production capacity at its new plant in Indiana from about 100,000 units to about 150,000 units by the fall of 2000, the firm announced March 31.
JAPAN
Mar 20, 1998

Aum Three Years Later: Victims struggle for redress

Last of three parts
JAPAN
Mar 19, 1998

GE Capital receives insurance license

The Finance Ministry on March 19 issued an operating license to GE Capital Edison Life Insurance Co., a new insurer to be set up jointly by Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc.
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.
JAPAN
Mar 13, 1998

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

Staff writer
JAPAN
Mar 6, 1998

TWA plans to enter new pact at own speed

Staff writer
JAPAN
Mar 5, 1998

Spend ODA strategically, forum urges

Japan should use its Official Development Assistance more strategically and in tandem with diplomatic tactics to serve its national interests, a private think tank said in a report submitted Thursday to Prime Minister Ryutaro Hashimoto.
JAPAN
Mar 4, 1998

Companies team up to create digital content venture

Itochu Corp., NTT Data Corp., Toyota Motor Corp., Victor Co. of Japan, and Marubeni Corp. have jointly established a company to fund and market digital content, the companies said Wednesday.
JAPAN
Mar 4, 1998

Man held over 8 million yen Itoham extortion

A 27-year-old man was arrested Wednesday on suspicion of trying to extort 8 million yen from a leading ham-processing company by using the name of a religious group in Tokyo's Nerima Ward to which he once belonged, police said.
JAPAN
Feb 23, 1998

DirecTV mum about subscribers

DirecTV Japan Inc. declined comment Monday on how many subscribers it has obtained so far in Japan, in an apparent indication the carrier is struggling to compete.
JAPAN
Feb 18, 1998

Toho Life, GE Capital join forces in new insurance venture

Financially ailing Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc. formally announced Wednesday that they will set up a new life insurance company in Japan.
JAPAN
Feb 10, 1998

Hitachi revises net profit forecast for '97

Hitachi Ltd. on Tuesday sharply revised its forecast for consolidated net profits for the 1997 business year from 89 billion yen to 20 billion yen.
JAPAN
Feb 5, 1998

JTB discount plan may ignite fare war

Japan Travel Bureau, the country's leading travel agency, will start full-scale sales of discount overseas flight tickets beginning Feb. 16 to cope with the growing market for nonpackage-tour travelers, a spokesman for JTB said Thursday.
JAPAN
Feb 5, 1998

WorldCom, BT move toward Japanese telecom licensing

Spurred by global deregulation, two foreign telecommunications giants applied Thursday for a license in Japan in a bid to become the country's first such foreign-owned firms.
JAPAN
Jan 22, 1998

MMC to supply models to Chrysler until 2005

Mitsubishi Motors Corp. will continue to supply two models produced at its Illinois plant to Chrysler Corp. until 2005, the companies announced Thursday.Mitsubishi has been supplying vehicles to Chrysler since 1982. Under the current agreement, which is due to expire in 1999, Mitsubishi supplies the...
JAPAN
Jan 21, 1998

In latest air talks, U.S. demands more flights

In high-level civil aviation talks that got under way Tuesday in Washington, the United States made fresh demands that Japan let "nonincumbent" U.S. carriers offer 56 more flights a week through regional airports in Japan, Transport Ministry officials said Wednesday.The two sides had already agreed...
JAPAN
Jan 14, 1998

Northwest exec sees flaw in slot-distribution plan

In the runup to next week's U.S.-Japan aviation talks in Washington, a top executive of Northwest Airlines, Inc. pointed out a problem Wednesday with a new proposal for allocating slots at congested Narita airport.Richard Hirst, senior vice president of the carrier, said at a news conference that the...
JAPAN
Jan 12, 1998

WorldCom to expand Japanese base

WorldCom Japan Ltd., a subsidiary of U.S.-based WorldCom Inc., said Monday it will expand its presence in the Japanese telecommunications market by establishing its own fiber-optic network.As deregulation is slated to begin this month, WorldCom, which currently holds a Type II carrier license, will...
JAPAN
Dec 25, 1997

Packard Bell NEC to get additional support from parent

NEC Corp. announced Thursday that it will increase its support and control over Packard Bell NEC, Inc. in the United States by providing loans and sending an additional director from NEC.
JAPAN
Dec 23, 1997

Maruso Securities files for bankruptcy

Midsize brokerage house Maruso Securities Co. filed a petition Tuesday with the Tokyo District Court for permission to start voluntary bankruptcy proceedings, court officials said.
JAPAN
Dec 12, 1997

Turmoil-filled Diet session concludes

Staff writer

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past