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JAPAN
Feb 12, 1999

Aum regrouping for Armageddon in September: PSIA

Aum Shinrikyo followers are striving to hold together to reconstruct their cult, believing Armageddon will come this year in accordance with founder Shoko Asahara's prediction, according to a report released Friday by the Public Security Investigation Agency.
JAPAN
Feb 9, 1999

Kyoto grad student held over chloroform sales

A 32-year-old Kyoto University graduate student was arrested Tuesday for allegedly selling chloroform over the Internet without a license.
JAPAN
Feb 9, 1999

Raids continue over suspected pipe-making cartel

Prosecutors continued nationwide raids on offices of three leading water pipe manufacturers Tuesday, following the arrests of 10 officials of the firms Monday in connection with a probe of an illegal market-share cartel.
JAPAN
Feb 9, 1999

Daihyaku, Manulife join forces on life insurance

Midsize life insurer Daihyaku Mutual Life Insurance Co. and Manulife Financial of Canada have signed a definitive agreement to form a joint life insurance company with a future merger in mind, company officials announced Tuesday.
EDITORIALS
Feb 5, 1999

Auto mergers in the fast lane

The wheeling and dealing in the auto industry has gone into high gear. Last year's megamerger of Daimler-Benz and Chrysler began the process of consolidation, but it was always just a matter of time. The world cannot support 40 automakers. Manufacturers already have the facilities to make 20 million...
JAPAN
Jan 25, 1999

Outlook still grim for Kansai economy

The economic outlook in the Kansai region remains grim despite a few positive signs in recent months, such as increased public works spending and a rise in sales of certain products, head of Bank of Japan's Osaka branch said Monday.
JAPAN
Jan 22, 1999

DaimlerChrysler begins tieup talks with Nissan

The chairmen of DaimlerChrysler AG said Friday they opened tieup talks with Nissan Motor Co. Thursday night, but refused to divulge details of their discussions with Nissan President Yoshikazu Hanawa.
JAPAN
Jan 21, 1999

Sandwich makers sue Subway, Suntory

Eight former franchisees of Subway Japan, a fast-food sandwich chain, filed a 457 million yen damages suit Thursday with the Tokyo District Court against its headquarters and Suntory Ltd., alleging that unfair contracts between the owners and the headquarters resulted in the failure of their shops.
JAPAN
Jan 20, 1999

Daiei president steps down to speed restructuring efforts

Daiei Inc. Chairman and President Isao Nakauchi, who established the nation's largest supermarket chain operator, relinquished his post as president to accelerate its restructuring efforts, Daiei officials said Wednesday.
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
Why I chose Japanese citizenship over permanent residency
Jon Heese (second left) takes part in a 2024 New Year's nihonshu barrel opening ceremony.
For Uniqlo’s founder, conquering America is personal
A Uniqlo store in New York. In recent years, Uniqlo’s affordable, well-made basic clothes have struck a chord, especially with younger American shoppers, fueling a rapid business expansion.
Japan's fractured politics could ensnarl Takaichi's economic plans
Sanae Takaichi, the newly elected leader of Japan's ruling party, the Liberal Democratic Party, attends a news conference after the LDP presidential election in Tokyo on Oct. 4.
Sho-time as dazzling Ohtani powers Dodgers into World Series with historic performance
Shohei Ohtani hits a solo home run against the Milwaukee Brewers in the fourth inning of Game 4 of the National League Championship Series at Dodger Stadium on Friday.
LDP and Nippon Ishin no Kai to form coalition government, report says
The ruling Liberal Democratic Party and Nippon Ishin no Kai have agreed to form a coalition, paving the way for the country's first female prime minister, Kyodo reports.
What does Jimbocho think of its unexpected ‘cool’ status?
Tokyo's Jimbocho neighborhood is a haven for book lovers, its rows of secondhand bookstores spilling over with printed materials.
What you need to see at this year's Tokyo film festival
Chloe Zhao’s "Hamnet"
New film explores how Japan and the U.S. found common ground through baseball
Masanori Murakami became the first MLB player from Japan when he made his debut with the Giants on Sept 1, 1964.
As they wrestle for power, Japan’s political parties must remember their base
Rengo's head Tomoko Yoshino speaks to reporters in Tokyo on Oct. 8.
Sumo is about to hit London and the West with a force previously unseen
Preparations advance on Monday for the Grand Sumo Tournament at the Royal Albert Hall in London.

Podcast

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

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building
By Patrick St. Michel

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