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JAPAN
Jan 20, 1999

Sanwa, Toyo Trust to set up 'Big Bang' survival alliance

Sanwa Bank and Toyo Trust & Banking Co. have agreed to form an extensive business alliance to survive the ongoing "Big Bang" financial reforms, officials of the two banks announced Wednesday.
JAPAN
Jan 20, 1999

1998 domestic car output fell 9%

Domestic production by Japan's five top automakers in 1998 dropped 8.9 percent from the previous year to 7,880,395 units, according to figures separately released by the firms Wednesday.
JAPAN
Jan 19, 1999

Failures in '98 hit second-highest level since war

The number of corporate bankruptcies in 1998 jumped to 19,171, the second-highest level in postwar history, a private research firm announced Tuesday.
JAPAN
Jan 15, 1999

Air Link's members-only approach winning believers

24th in a series of occasional articles on venture businesses
JAPAN
Jan 14, 1999

Meiji Life hawking policies in magazines

Meiji Life Insurance Co. has started selling a 5 million yen life insurance plan through magazine advertisement inserts, company officials said Thursday.
JAPAN
Jan 14, 1999

Imported auto show dampened by recession

The nation's largest imported automobile trade show started Thursday in Tokyo, with the number of participating companies and cars on display significantly decreased from previous shows amid the economic slump.
JAPAN
Jan 13, 1999

Toyota unveils 1,000cc hatchback

Toyota Motor Corp. unveiled Wednesday a new 1-liter hatchback vehicle called Vitz, which will serve as a base for its line of cars aimed at the global compact car market, the automaker says.
JAPAN
Jan 6, 1999

Nissan to sell textile unit to Toyoda Loom

Nissan Motor Co. has reached a basic agreement with Toyoda Automatic Loom Works Ltd. to transfer its water jet textile business to the founding firm of the Toyota Motor group, the two firms announced on Wednesday.
JAPAN
Dec 28, 1998

Fujita restructuring plan, default requests unveiled

Fujita Corp., a general contractor, unveiled a new five-year restructuring plan Monday and requested that six main creditor banks renounce a total of 120 billion yen in loans provided to the firm.
JAPAN
Dec 18, 1998

Nissan denies rumor of DaimlerChrysler talks

Nissan Motor Co. President Yoshikazu Hanawa on Friday denied his company has negotiated with DaimlerChrysler AG over a capital-tieup alliance, but added that "generally speaking," the firm will welcome talks for a global alliance with other major automakers to survive the 21st century.
JAPAN
Dec 16, 1998

LDP finalizes record 9.3 trillion yen tax cut plan

The ruling Liberal Democratic Party finalized a large package of tax revisions Wednesday allowing for a record 9.3 trillion yen in tax cuts for fiscal 1999.
JAPAN
Dec 16, 1998

Government wary of sales tax welfare role

The government Tax Commission, in a set of recommendations to the prime minister finalized Wednesday, called for cautious discussions about limiting the use of consumption tax revenues for welfare purposes.
JAPAN
Dec 15, 1998

NCB Mortgage applies for bankruptcy

NCB Mortgage Co., an affiliate of the nationalized Nippon Credit Bank, applied to the Tokyo District Court for voluntary bankruptcy on Tuesday, company officials said.
JAPAN
Dec 11, 1998

U.S. lagging on defense deliveries: audit board

The United States failed to deliver 46.1 billion yen worth of defense equipment to Japan as of the end of fiscal 1997, despite Japan's advance payment, a Board of Audit report showed Friday.
JAPAN
Dec 10, 1998

Iwanami films files for protection

Iwanami Productions Inc., a major documentary film producer, on Thursday sought court protection from creditors under the bankruptcy law.
JAPAN
Dec 9, 1998

Kinki Nippon to sell HQ for retiree pay

Kinki Nippon Tourist Co. will sell its headquarters to Kinki Nippon Railway Co. later this month to raise retirement funds for personnel retiring early under its streamlining efforts, officials announced Wednesday.
JAPAN
Dec 7, 1998

Nissan, Hitachi to jointly research advanced auto technologies

To survive costly high-tech global competition in the auto industry, Nissan Motor Co. and Hitachi Ltd. announced Monday they are studying an alliance to jointly develop next-generation electronic technologies for automobiles.
JAPAN
Dec 7, 1998

Hiroshima mayor's refusal to run laid to economic woes

HIROSHIMA -- The announcement by Hiroshima Mayor Takashi Hiraoka that he will not seek a third term has thrown next year's election into uncertainty.
JAPAN
Dec 2, 1998

Recovery set for autumn, says Economic Strategy Council

Japan's economy seems to have hit bottom and the government's economic stimulus measures will start to be effective by next fall, the chairman of Prime Minister Keizo Obuchi's economic advisory panel said Wednesday.
JAPAN
Nov 24, 1998

15 major banks to seek funds

Of the nation's 18 major banks, 15 will apply for public funds injections within the fiscal year under the provisions of the new bank recapitalization law, the banks announced Tuesday with their midterm earnings results.
JAPAN
Nov 23, 1998

Frozen pizza entrepreneur opens doors for female execs

22nd in a series of occasional articles about venture businesses
JAPAN
Nov 20, 1998

Mitsui O.S.K., Navix Line announce maritime megamerger

Mitsui O.S.K. Lines Ltd. and Navix Line, Ltd., the country's second- and fourth-largest maritime transport companies, will merge as of April 1, becoming one of the biggest maritime carriers in the world, top executives of the two companies announced on Friday.
JAPAN
Nov 19, 1998

NEC to calculate refund owed to Defense Agency, NASDA

NEC Corp. announced Thursday that it will give back the money it overcharged the Defense Agency and the National Space Development Agency of Japan for defense and space-related equipment over several years.
JAPAN
Nov 12, 1998

Mazda's cost-cutting pays off

While many automakers struggle with shrinking profits amid the serious economic slump, Mazda Motor Corp. is reaping the fruits of desperate cost-cutting efforts. On Thursday it reported consolidated midterm net profits for the first time since fiscal 1991.
JAPAN
Nov 5, 1998

Sapporo joins Taiwanese group for restaurant venture

Sapporo Breweries Ltd., a major beer brewer, said on Thursday it has set up a joint venture in Taiwan with a local business group to run a beer restaurant chain featuring the company's draft beer products and non-Chinese dishes.
JAPAN
Oct 30, 1998

Toyota unveils Altezza sedan

Toyota Motor Corp. unveiled its new 2-liter Altezza sports sedan Friday, the first car solely developed for Netz Toyota, the company's new dealership network launched in August, company officials said.In August, Toyota renamed Auto, one of its five major dealership networks, to Netz Toyota, aiming to...
JAPAN
Oct 30, 1998

JAL first-half profits down 9.1%

Japan Airlines Co. reported 27.8 billion yen in operating profits on an unconsolidated basis for the first half of fiscal 1998, down 24.4 percent from the same period of the previous year, due to the downward trend of air fares, the officials announced on Friday.For the April-September period JAL posted...
JAPAN
Oct 30, 1998

ASEAN business leaders urge Japan to lead Asian recovery

OSAKA -- Southeast Asian business leaders called on Japan to take charge of healing the ailing Asian economy as they closed the 24th ASEAN-Japan Business Meeting here Friday.Tan Sri Dato' Azman Hashim, chairman of Arab-Malaysian Banking Group, said that ASEAN nations hope Japan will take the lead in...
JAPAN
Oct 28, 1998

Amway says it will change distribution system

Amway Japan Ltd., a direct marketer of household goods and food, will introduce a new distribution system next month to increase the transparency of its business, Amway officials said Wednesday.The head of the Japan Consumer Information Center told a Diet committee last year that the center had received...
JAPAN
Oct 27, 1998

Seafood exec held over tainted salmon roe sales

SAPPORO -- The former president of a fish processing firm in Hokkaido was arrested Tuesday on suspicion of having knowingly sold salmon roe tainted with E. coli bacteria, which sickened dozens of people nationwide, police officials said.The arrest reportedly marks the first time a food company manager...
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

Podcast

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

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

SUSTAINABLE JAPAN

Smile! It’s ‘Sanrio Time,’ now and ever after
Smile! It’s ‘Sanrio Time,’ now and ever after

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