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JAPAN
Mar 4, 1998

Man held over 8 million yen Itoham extortion

A 27-year-old man was arrested Wednesday on suspicion of trying to extort 8 million yen from a leading ham-processing company by using the name of a religious group in Tokyo's Nerima Ward to which he once belonged, police said.
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 23, 1998

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JAPAN
Feb 20, 1998

Contractors face collapse as banks gird for Big Bang

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JAPAN
Feb 11, 1998

Government guide offers foreigners help in six languages

A 376-page guidebook to help foreigners cope with life in Japan will be published at the end of this month.
JAPAN
Feb 10, 1998

Orders for Nissan Cube surpass carmaker's expectations

Nissan Motor Co. announced Tuesday that orders for its newly introduced Cube reached 10,176 units on Monday, only one week after the launch of the five-door compact model.
JAPAN
Jan 30, 1998

Compaq chooses Canon to be sole sales agent

In an attempt to boost its presence in the competitive Japanese computer market, Compaq Computer Corp. and Japanese subsidiary Compaq Computer KK have selected Canon Sales Co. to be their sole sales agent in Japan, the three companies announced Friday.Under the new agreement, Canon Sales, the sales...
JAPAN
Jan 28, 1998

DKB data on 'sokaiya' loans allegedly erased by finance official

Koichi Miyakawa, a Finance Ministry inspector who is under arrest, deleted part of a 1994 ministry report on problem loans extended by Dai-Ichi Kangyo Bank to "sokaiya" corporate extortionist Ryuichi Koike, the key figure in a huge financial-sector payoff scandal, at the request of a Dai-Ichi Kangyo...
JAPAN
Jan 28, 1998

Sanyo to venture into elder care business

Sanyo Electric Co. announced Wednesday that it will enter a new business field by establishing a joint venture firm to run nursing homes in light of the rapidly growing elderly population.Sanyo will set up Sanyo Emeritus Corp. jointly with Seattle-based Emeritus Corp. in February. The new firm will...
JAPAN
Jan 27, 1998

Nissan to reduce auto platforms to five

Nissan Motor Co. plans to reduce the number of platforms for its automobiles to five by around 2005, Nissan President Yoshikazu Hanawa said Tuesday.In an effort to reduce costs and shorten development lead time for new models, the company has been planning to consolidate major platforms, Hanawa said....
JAPAN
Jan 22, 1998

MMC to supply models to Chrysler until 2005

Mitsubishi Motors Corp. will continue to supply two models produced at its Illinois plant to Chrysler Corp. until 2005, the companies announced Thursday.Mitsubishi has been supplying vehicles to Chrysler since 1982. Under the current agreement, which is due to expire in 1999, Mitsubishi supplies the...
JAPAN
Jan 16, 1998

Tokyo starts recovering from snow

Road, railway and air transportation in Tokyo returned to near normal Friday, with only a few delays and minor trouble remaining after the season's heaviest snow paralyzed traffic the day before.Police attributed three deaths and 400 injuries in the capital and its eight neighboring prefectures during...
JAPAN
Jan 12, 1998

WorldCom to expand Japanese base

WorldCom Japan Ltd., a subsidiary of U.S.-based WorldCom Inc., said Monday it will expand its presence in the Japanese telecommunications market by establishing its own fiber-optic network.As deregulation is slated to begin this month, WorldCom, which currently holds a Type II carrier license, will...
JAPAN
Jan 12, 1998

Imai officially tapped by Toyoda to head Keidanren

Shoichiro Toyoda, chairman of the Japan Federation of Economic Organizations (Keidanren), announced Monday that he has chosen Takashi Imai, president of Nippon Steel Corp., to succeed him at the helm of the nation's largest business organization.The announcement was made at a regular meeting of Keidanren's...
JAPAN
Dec 24, 1997

Chubu gets airport funds in '98 budget

Money for the construction of Chubu International Airport in Aichi Prefecture was restored Wednesday to the fiscal 1998 budget during negotiations between the Finance and Transport ministers.
JAPAN
Dec 19, 1997

Failed trading firm's creditors bracing for losses

The impact of the failure of Toshoku Ltd. has begun to ripple through a number of banks and other firms who either deal with or hold shares in the medium-size trading company.
JAPAN
Dec 16, 1997

Accusation filed for Creutzfeldt-Jakob disease victim

Relatives of a woman with Creutzfeldt-Jakob disease filed a criminal accusation Tuesday with the Tokyo District Public Prosecutor's Office against two medical goods' suppliers.
JAPAN
Dec 15, 1997

Family of woman with CJD to file criminal complaint

KYOTO -- The family of a woman with Creutzfeldt-Jakob disease will file a criminal complaint today with the Tokyo District Public Prosecutor's Office against two medical goods' suppliers.
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
Nov 20, 1997

Plant turns KFC waste into diesel oil

A plant that will produce diesel oil from waste vegetable oil at Kentucky Fried Chicken restaurants started production Thursday.
JAPAN
Nov 19, 1997

Former exec of Mitsukoshi unit held in breach of trust

A former executive of a Mitsukoshi Ltd. subsidiary and two other officials were arrested Wednesday for alleged aggravated breach of trust in connection with 180 million yen in payments to a construction company on the verge of financial collapse.
JAPAN
Nov 10, 1997

Nissan Motor reports 46.7% half-year profit rise

Supported by robust exports to cover sluggish domestic sales, Nissan Motor Co. Monday reported nonconsolidated pretax profits Monday of 45.36 billion yen, up 46.7 percent from a year earlier, for the first half of the 1997 business year, which ended Sept. 30.
JAPAN
Nov 10, 1997

Mitsubishi Motor funds were payoffs: 'sokaiya'

A "sokaiya" corporate racketeer has admitted that payments from Mitsubishi Motors Corp. were made to him in exchange for his services, police sources said Monday.
JAPAN
Nov 6, 1997

Toyota's profits climb thanks to brisk exports

Toyota Motor Corp. managed to post pretax profits of 324.56 billion yen in the April-September period, up 25.6 percent from the same period last year, as brisk exports made up for lackluster sales in the domestic market, the nation's largest automaker said Thursday.
JAPAN
Nov 5, 1997

Marubeni earns ISO approval

Marubeni Corp. said Thursday that it has become the nation's first trading firm to qualify for an ISO certification for international quality management.
JAPAN
Nov 5, 1997

MMC chief denies links to 'sokaiya' but intends to resign

The chairman of Mitsubishi Motors Corp. said on Wednesday that he knew nothing of the company's involvement with two "sokaiya" corporate extortionists or alleged illegal payoffs, but will step down from the chairmanship to take responsibility.
JAPAN
Oct 30, 1997

MMC chairman, president exit over scandal

Takemune Kimura, president of Mitsubishi Motors Corp., said Thursday that he and Chairman Hirokazu Nakamura will quit their posts to take the blame for the recent arrest of four MMC executives suspected of illegally paying off "sokaiya" corporate extortionists.
JAPAN
Oct 29, 1997

Hino blames economy, Asian currency woes for eroding profits

Hino blames economy, Asian currency woes for eroding profits>Hino Motors Ltd. on Wednesday said its profits for the first half of the 1997 business year were eroded by the sluggish domestic economy and the recent Southeast Asia currency crisis that greatly affected Thailand.
JAPAN
Oct 24, 1997

NEC, Toshiba blame tax for midterm sales results

The consumption tax increase in April has had a negative impact on half-year financial results announced Oct. 24 by NEC Corp. and Toshiba Corp., the nation's two major electronics manufacturers.Despite increased exports supported by the weak yen, poor sales of personal computers and home-use electric...
JAPAN
Oct 23, 1997

Ford CEO wants greater access to Japanese market

Staff WriterCHIBA -- Ford Motor Co. hopes for greater foreign access to the Japanese market and a yen strong enough to change Japanese automakers' tendency to over-rely on exports, the company's head said Oct. 23.In an interview with The Japan Times, Alex Trotman, chairman and CEO of Ford, said that...

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