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JAPAN
Mar 20, 1998

Upper House approves soccer lottery revisions

The Upper House, supported by members of the ruling Liberal Democratic Party and one of its allies, New Party Sakigake, approved a revised bill March 20 to start a soccer lottery system that would raise funds for the promotion of athletics.
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 18, 1998

Corporate pace-setters trim spring pay raises

Reflecting the nation's continuing economic weakness, pace-setting major firms in the auto, electronics, shipbuilding and heavy machinery sectors on March 18 offered wage hikes smaller than those given last year to their labor unions.
JAPAN
Mar 18, 1998

Ex-gangster held for sale of stimulants

A former senior gang member has been arrested for allegedly selling about 50 kg of stimulant drugs with a street value of 1.5 billion yen to the head of an underworld group in Tokyo, police said March 18.
JAPAN
Mar 17, 1998

Ford Japan names Honda veteran new president

Ltd., a wholly owned subsidiary of Ford Motor Co., announced March 17 that Eiji Iwakuni, 55, will become the new president of Ford Japan, to replace Konen Suzuki, beginning April 1. "The company will introduce a series of strong new products next year," Suzuki said. "We concluded that new talent should...
JAPAN
Mar 17, 1998

Yamaichi execs enter pleas over 'sokaiya' payoffs

Two former employees of collapsed Yamaichi Securities Co., one a senior managing director, on March 17 admitted to charges of conspiring to make illegal payoffs, while another former senior managing director pleaded not guilty.
JAPAN
Mar 5, 1998

ANA changes profit forecast to loss

All Nippon Airways Co. announced Thursday that it is revising its forecast of a 2.3 billion yen net profit in its business report for the term that ends in March 1998 into a 3.2 billion yen net loss.
JAPAN
Mar 3, 1998

Sharp to introduce new model of Zaurus

Sharp Corp. will introduce new models of the Power Zaurus, a pocket-size mobile computer, on March 12, the company said Tuesday.
JAPAN
Feb 27, 1998

January industrial output up 2.9%

The nation's industrial output in January rose 2.9 percent from the previous month, marking the second consecutive monthly increase, the Ministry of International Trade and Industry said in a preliminary report released Friday.
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 6, 1998

Fledgling Skymark seeks license for Tokyo-Fukuoka runs

Skymark Airlines Co., a new entry to the airline business, applied Friday to the Transport Ministry for a license to launch regular service between Tokyo and Fukuoka.
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
Feb 5, 1998

Kagawa makes bid to lure more foreign tourists

KOTOHIRA, Kagawa Pref. -- In order to visit the 3,000-year-old Kompira Shrine, which still attracts millions of pilgrims and tourists here each year, a long, steep slope of 1,368 stone steps must first be conquered.
JAPAN
Feb 3, 1998

Mitsubishi Electric expects 33 billion yen net loss

Mitsubishi Electric Corp. said Tuesday that it may post a consolidated net loss of 33 billion yen for the 1997 business year, due mainly to declining profits in semiconductors and home appliances.
JAPAN
Jan 30, 1998

LDP's Arai admits profiting from hidden Nikko account

Shokei Arai, a Lower House member of the Liberal Democratic Party, admitted in the Diet on Friday that he made about 41 million yen through an account he asked Nikko Securities Co. to open in the name of one of his acquaintances.Arai insisted, however, that the trades were not illegal. Speaking as an...
JAPAN
Jan 21, 1998

Osaka projects in 668 billion yen of red ink

OSAKA -- One-quarter of Osaka's high-profile, third-sector projects are now 668 billion yen in the red, but city officials are still pumping money into them in the hopes they will eventually turn a profit.Third-sector projects, which are corporations jointly established by Osaka and private businesses,...
JAPAN
Jan 19, 1998

Hong Kong trade official seeks to allay avian flu fears

Asserting that the high-risk period for avian flu has passed, a Hong Kong trade official Monday sought to alleviate Japanese tourists' concerns about the disease that has killed six people so far in the former British colony."Hong Kong is a very safe place to visit. There is no need for restrictions...
JAPAN
Jan 12, 1998

Ex-Taiheiyo broker grilled over fund misuse

OSAKA -- Police are questioning a former Taiheiyo Securities Co. employee on suspicion of misusing more than 300 million yen in his client's fund, informed sources said Monday.They said the former acting sales chief at the Umeda branch here received more than 300 million yen from a client between March...
JAPAN
Dec 30, 1997

Automobile groups to begin CFC recovery, disposal

The Japan Automobile Manufacturers Association and six other auto industry groups will in January begin recovering and disposing of chlorofluorocarbons used in auto air conditioners in Tokyo, Saitama, Chiba and Kanagawa prefectures.
JAPAN
Dec 19, 1997

Entrepreneur says a business can be ecological, profitable

Staff writer
JAPAN
Dec 19, 1997

Insurance exec says solvency margins must be disclosed

Life insurance firms will have to disclose their solvency margins under a new policyholders' protection system being formed by the Finance Ministry, the chairman of the Life Insurance Association of Japan said Friday.
JAPAN
Dec 12, 1997

Prius environmental car chalks up 2,000 orders in one day

Toyota Motor Corp. has received as of Wednesday about 2,000 orders for its newly developed Prius, the world's first mass produced hybrid car, the company announced Friday.
JAPAN
Dec 12, 1997

Diet lists some of Yamaichi's 'tobashi' clients

The Diet on Friday named seven corporate customers of Yamaichi Securities Co. that were involved in dubious "tobashi" dealings that led to the 100-year-old brokerage's failure last month.
JAPAN
Nov 25, 1997

Shock over Yamaichi closure sends stocks, yen reeling

Tokyo share prices fell broadly Tuesday as investors reacted with shock and concern to Yamaichi Securities Co.'s decision to shut down.
JAPAN
Nov 21, 1997

Simul International folds

Simul International Inc., a major simultaneous service firm, effectively went bust Friday as it filed for "wagi" composition procedures with creditors, according to private credit research agency Teikoku Data Bank.
JAPAN
Nov 10, 1997

Asian economic jitters fuel TSE selling spree

Pessimism reigned Monday over prospects for the Tokyo stock market and the yen's value against the dollar.
JAPAN
Nov 6, 1997

Invesco's debut with LTCB to publicize investment trusts

Staff writer
JAPAN
Oct 27, 1997

JR's first motorwoman at freight train controls

JR's first motorwoman at freight train controls> The Japan Railway group's first female locomotive engineer, Maki Ishimura, 23, climbed into the driver's seat early Oct. 27 aboard a train at Tokyo's Shinagawa Freight Terminal and prepared to depart for the Kawasaki Freight Station in Kanagawa Prefecture....
JAPAN
Oct 23, 1997

Large chain stores seek tax relief

Large retailers urged the government Oct. 23 to stimulate private consumption by reducing income taxes and allowing greater income tax breaks for part-time workers.The Japan Chain Stores Association made the request during a meeting with trade chief Mitsuo Horiuchi, according to a Ministry of International...
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

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