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JAPAN
Sep 2, 1997

Variable-rate auto insurance arrives today

The Japanese branch of American Home Assurance Company on Sept. 2 begins mail-order sales of differentiated-rate auto insurance, the first of its kind in Japan.
JAPAN
Aug 29, 1997

Prudential prepared to tailor-make new products

Fifth in an occasional series on the Big Bang financial reforms
JAPAN
Aug 28, 1997

'98 budget to need deficit-covering bonds again

For the fifth straight year, the government will probably be forced to issue the deficit-covering bonds that have helped drive the nation into fiscal crisis, a senior Finance Ministry official indicated August 28.
JAPAN
Aug 1, 1997

Nikkei sinks below 20,000 after computer glitch hits TSE

The Tokyo Stock Exchange suffered its worst-ever technical failure when a programming bug in the computerized trading system shut down the entire system throughout early August 1.
JAPAN
Jul 31, 1997

Homes of top Yamaichi execs raided

Investigators carried out a raid on the homes of the chairman and the president of Yamaichi Securities Co. in Tokyo on July 31 over the alleged payoffs by the brokerage to a corporate racketeer.
JAPAN
Jul 31, 1997

Fujitsu looks to take over U.S. mainframe-maker Amdahl

Fujitsu Ltd. announced July 31 it will try to purchase all shares of Amdahl stock it does not yet own at $12 per share through an open takeover bid, with the total purchase price expected to be $850 million, pursuant to its definitive merger agreement.
JAPAN
Jul 29, 1997

Motorcycle riders looking for review of regulations

While Washington and overseas motorcycle manufacturers see the nation's regulations as trade barriers, bikers in Japan call them just plain unfair.
JAPAN / History
Jul 23, 1997

Scholar’s New Testament intro opens eyes

Kenzo Tagawa, 61, a leading New Testament scholar, finds the sales of his latest book ‘‘encouraging’’ and ‘‘surprising.’’
JAPAN
Jul 22, 1997

U.S. prepares to attack motorbike regulations

The United States may file a fresh complaint with the Office of Trade and Investment Ombudsman of Japan as early as next month regarding motorcycle regulations that it says hamper sales of imported vehicles, a U.S. government official said July 22.
JAPAN
Jul 15, 1997

Ford to produce its cars in Japan next century

DEARBORN, Mich. -- Ford Motor Co. will start producing its own vehicles at a Mazda Motor Corp. plant in Japan early in the next century, Wayne Booker, Ford vice chairman, said July 14.
JAPAN
Jul 14, 1997

Bankruptcies set record for half-year period

Nearly 8,000 companies went bankrupt between January and June with combined liabilities of 6.37 trillion yen, a record high for a half-year period, a private research company said July 14.
JAPAN
Jul 4, 1997

Contractor files for bankruptcy

A medium-size general contractor listed on the first section of the Tokyo Stock Exchange effectively went bankrupt July 4 due to real estate-related debts that inflated after the burst of the bubble economy in the early 1990s.
JAPAN
Jun 23, 1997

KDD to head 16-firm Internet joint venture

KDD and 15 other firms will jointly set up a company in mid-July to host connection services for Internet access providers, it was announced June 23.
JAPAN
Jun 23, 1997

Sportier Laurel makes market debut

Nissan Motor Co. announced June 23 the market debut of its fully remodeled Laurel.
JAPAN
Jun 20, 1997

Next ANA chief wants stability after upper-level turmoil

Harmony and cooperation are his motto, says Kichisaburo Nomura, the president-designate of All Nippon Airways Co., which has been recently rocked by turmoil in top management over personnel matters.
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 16, 1997

Barclays, Hokkaido Takushoku eye business tieup

Hokkaido Takushoku Bank and Barclays Bank PLC announced June 16 they will begin discussions toward mutual business cooperation in such areas as asset securitization and development of products for the Japanese market.
JAPAN
Jun 10, 1997

Bio-toilets flush with eco-pride

Although it is not an act many people spend an exorbitant amount of time contemplating, flushing the toilet relegates about 8 to 13 liters of water to the sewer, a septic tank or some equally unappealing place.
JAPAN
Jun 3, 1997

Chairman of Matsushita becomes Sir Matsushita

OSAKA -- Masaharu Matsushita, chairman of Matsushita Electric Industrial Co., was appointed June 3 a Knight Commander of the Most Excellent Order of the British Empire for his contributions toward strengthening bilateral ties in business and other areas.
JAPAN
May 29, 1997

Police raid firms over fake Tamagotchi

OSAKA -- Osaka Prefectural Police on May 29 raided three companies here on suspicion of marketing imitation Tamagotchi.
JAPAN
May 19, 1997

Omron to offer stock options to directors

Omron Corp. announced May 19 that it will start a stock-option program next April for its 30 directors, following last week's enactment of a law legalizing such incentives.
JAPAN
May 12, 1997

Business Show '97 opens today at Big Sight

Business Show '97 Tokyo will open May 13 at Tokyo Big Sight in Ariake, featuring many exhibitions on intranet and Internet networking, according to the organizing groups.
JAPAN
May 9, 1997

Fiscal reform is paramount, JR West chief says

OSAKA -- Prime Minister Ryutaro Hashimoto's government must concentrate on implementing fiscal reform above all other proposed streamlining initiatives, the chairman of West Japan Railway Co. said in a recent interview.
JAPAN
May 8, 1997

Religious group Ho-no-Hana failed to report income

A controversial religious group in Shizuoka Prefecture has failed to report some 4.7 billion yen in income, tax officials said May 8.
JAPAN
May 7, 1997

Attending the Nagano Games will be no easy feat

As opening day of the 18th Winter Olympics in Nagano Prefecture draws closer, many sports enthusiasts are beginning to wonder how they will be able to experience the Games.
JAPAN
Apr 23, 1997

Regional finance chiefs to explain reforms at local level

The domestic economy continues on a moderate recovery path despite some negative effects of the two percentage-point rise in the consumption tax earlier this month, the Finance Ministry's regional bureau chiefs agreed April 23.
JAPAN
Apr 16, 1997

Oracle head sees future in networks

Personal computers will soon be replaced by network computers, which are simple and less costly, the head of Oracle Corp. said April 16 in Tokyo.
JAPAN
Apr 10, 1997

Killing suspect mum on motive

OSAKA -- A man arrested April 9 in connection with the fatal stabbing the same day of an 8-year-old girl refuses to elaborate on a motive for the attack, investigators said April 10.
JAPAN
Apr 8, 1997

JR cracks down on mobile phone users

To cope with mounting complaints from passengers, East Japan Railway Co. will limit the use of mobile phones on trains starting April 14, the company said April 8.
JAPAN
Apr 8, 1997

Securities watchdog files insider trading complaint

The nation's securities watchdog filed a complaint April 8 with the Nagoya District Prosecutor's Office against four men, including the former chairman of top women's wear retailer Suzutan Co., on suspicion of insider trading.

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