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BUSINESS
Mar 18, 2000

Ito-Yokado, Sony unveil bank plans

Ito-Yokado Co. and Sony Corp. separately unveiled basic plans to set up banking subsidiaries to a Liberal Democratic Party panel Friday, according to a senior LDP official.
JAPAN
Mar 17, 2000

U.S. to give back Kadena base radar

Visiting U.S. Defense Secretary William Cohen and Japanese leaders agreed Thursday on the return of control of the radar system at Kadena Air Base in Okinawa Prefecture to Japan and to resolve an air pollution problem at a U.S. military base in Kanagawa Prefecture, according to Japanese officials.
JAPAN
Mar 16, 2000

Man held over fatal stabbing that mimicked Kyoto killing

OSAKA -- A 23-year-old unemployed man has been arrested on suspicion of randomly stabbing to death a passerby on a street in Moriguchi, Osaka Prefecture, police said Wednesday.
JAPAN
Mar 15, 2000

Three-bank tieup terms settled

Sanwa Bank, Tokai Bank and Asahi Bank formally announced Tuesday that they have reached a basic agreement to come under a joint holding company in April 2001, creating the world's third-largest banking group.
BUSINESS
Mar 14, 2000

Nissho Iwai and Nichimen to unite materials units

Nissho Iwai Corp. and Nichimen Corp. announced Monday that they have agreed to merge their building materials subsidiaries on July 1 in response to the sluggish domestic market.
JAPAN
Mar 14, 2000

Sanwa, Asahi, Tokai to merge

Sanwa Bank, Tokai Bank and Asahi Bank are expected to create Japan's second largest financial group through a merger, and an announcement could come as early as today.
JAPAN
Mar 12, 2000

Sumitomo Bank, Hosei University on Aum-related PC firms' client list

Sumitomo Bank and Hosei University were among the clients of computer software companies believed to be under the control of the Aum Shinrikyo cult, it was learned Saturday.
BUSINESS
Mar 11, 2000

Bills to aid restructuring submitted to Diet

The government on Friday submitted two bills to the Diet aimed at making it easier for private companies to restructure.
EDITORIALS
Mar 8, 2000

The right connections

Market watchers worldwide are all abuzz about the "globalization of the American economic model." By that they mean the rising contribution of the information-technology sector to economic growth, the soaring valuations of Internet-related stocks and the use of those shares to finance highly leveraged...
BUSINESS
Mar 8, 2000

Insurance policyholder safety-net bill approved

The Cabinet endorsed a bill Tuesday to rewrite the insurance business law with a view to creating a safety-net system to protect policyholders in the event of a life insurer's collapse.
LIFE / Digital / CYBERIA
Mar 8, 2000

The check's in the e-mail

My wallet bulges, but it isn't because of money. No, it is a hefty critter because it's stuffed with train passes, metro passes, telephone cards, bank cards, credit cards, ID cards, point cards for individual stores, video store cards, meishi from people and restaurants, and random scraps of paper littered...
BUSINESS
Mar 8, 2000

Toshiba, GE to link up in automation

Toshiba Corp. will set up a joint venture in October with General Electric Co. of the United States in the field of industrial automation systems, Toshiba announced on Tuesday.
BUSINESS
Mar 7, 2000

Arabian Oil set to reduce Japan workforce by 45%

Arabian Oil Co., Japan's largest oil producer, announced Monday that it will cut its Japanese workforce by 45 percent as part of its operational restructuring efforts following the loss of oil drilling concessions in Saudi Arabia.
MORE SPORTS
Feb 29, 2000

Kobe tops Toyota for rugby double

Japan company champion Kobe Steel completed the "double" on Sunday by winning the Japan Rugby Union Championship with a convincing 49-20 triumph over Toyota Motor at Tokyo's National Stadium.
JAPAN
Feb 28, 2000

Arabian Oil loses drilling rights; Saudi aid canceled

The 40-year-old oil drilling rights of Arabian Oil Co., Japan's largest oil producer, in a major oil field in Saudi Arabia expired Monday morning as last-minute negotiations with Riyadh over the weekend ended in failure. Trade chief Takashi Fukaya expressed deep regret after the oil concessions officially...
COMMENTARY
Feb 28, 2000

Venture, not adventure

New stock markets for venture businesses are emerging in Japan. Last November, the Tokyo Stock Exchange opened "Mothers" (an acronym for "market for high-growth and emerging stocks"). This June, the U.S. National Association of Securities Dealers, Japan's Softbank Corp. and the Osaka Securities Exchange...
MORE SPORTS
Feb 25, 2000

End of rugby road for Suntory warrior Ennis

For the past 20 years, Glenn Ennis has loved throwing his weight around the rugby pitch.
BUSINESS
Feb 24, 2000

U.S.-style takeovers threaten safe village

German pharmaceutical company Boehringer Ingelheim achieved the first successful hostile takeover of a publicly listed company in Japan when it went for SSP Co.
JAPAN
Feb 24, 2000

Group led by Softbank named buyer of NCB

The Financial Reconstruction Commission on Thursday effectively named a consortium led by Softbank Corp., an Internet-oriented Tokyo-based holding firm, as the buyer of the nationalized Nippon Credit Bank. The government aims to finalize a basic agreement with the consortium -- which also includes leasing...
CULTURE / Music
Feb 20, 2000

Great compositions ennoble performers, audience alike

Virtually all of Japan's symphony orchestras perform Ludwig van Beethoven's Ninth and last symphony at the end of the year, as the general populace makes its annual affirmation of the noble qualities declaimed in the lyrics of the choral finale, Friedlich von Schiller's "An die Freude (Ode to Joy)."...
JAPAN
Feb 16, 2000

Jobs shows importance of Japan at Apple expo

MAKUHARI, Chiba Pref. -- In all the hype of Apple's new product announcements Wednesday at MacWorld Expo Tokyo 2000, one thing went unnoticed: It was the first time Apple has introduced a new computer outside its home market. That the first occurred here underscores the increasing importance of the...
JAPAN
Feb 14, 2000

Nichiei agent denies telling borrowers to sell body parts

A former employee of nonbank moneylender Nichiei Co. pleaded not guilty Monday to extortion, denying allegations that he told a Chiba couple to sell their body parts to repay a loan in 1998. As his trial opened before the Tokyo District Court, Yukihiro Wada, 45, who now works for Nihon Shinyou Hoshou...
JAPAN
Feb 14, 2000

FSA seeks parties who reported erroneous ratio

The Financial Supervisory Agency said Monday it has ordered Daihyaku Mutual Life Insurance Co. to clarify who is responsible for the intentional reporting of an erroneous solvency margin ratio to authorities. The struggling midsize life insurer was found to have disguised some of its loans as "subordinated...
COMMUNITY / How-tos
Feb 9, 2000

Making a start

Some time ago I wrote of the passing of Tokyo Theater for Children, an organization with a long history of exciting, well-staged performances for adults as well as children. My report, fortunately, was premature. It needed new people to take over, and they came, drawn by the enthusiasm of Jude Kaye who...
JAPAN
Feb 3, 2000

Bengal tiger put down after killing its keeper

A 25-year-old man died Thursday after being mauled by a Bengal tiger in a holding pen operated by an animal leasing firm in Machida, western Tokyo, police said. The man was identified as Masaru Watanabe, a part-time employee at the facility. He appeared to have been bitten in the neck when he was feeding...
COMMENTARY / World
Jan 30, 2000

Can hard industry spike the Net bubble?

Time Warner's one-two megamerger punch, first with America Online then with British music giant EMI Group, followed last week by shares of Yahoo Japan Corp. exceeding 100 million yen, sent many investors and observers searching for a psychological safety blanket.
JAPAN
Jan 28, 2000

Foot scooters not just preschooler crazek

Staff writer With the aid of a Razor, Ali Harada claims to have shaved at least 10 minutes off her daily 80-minute commute and around 2 kg from her midriff. While she attributes the latter to the effort needed to power the contraption, it's the Razor's easy handling and compactness that allow her precious...

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight