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JAPAN
Apr 25, 1997

Daiwa and Nikko post net losses

Daiwa Securities Co. and Nikko Securities Co., two of the nation's Big Four brokerage firms, on April 25 both reported net losses for the business year that ended March 31 due to the cost of bailing out their troubled affiliates.
JAPAN
Apr 24, 1997

100 female entrepreneurs talk business

Over 100 women from around the world gathered April 23 in Chofu City, Tokyo, to discuss shared problems and growing opportunities for women in business at a workshop titled "Women Entrepreneurs' International Exchange 1997."
JAPAN
Apr 18, 1997

JR firms doing just fine without government

Masatake Matsuda, president of East Japan Railway Co., recalls how his company, along with Central Japan Railway Co. (JR Tokai) and West Japan Railway Co., rejected the government's plan in December to have the three JR group firms shoulder a greater financial burden for building new bullet train lines....
JAPAN
Apr 11, 1997

JR Tokai seeks exchange listings

Central Japan Railway Co. (JR Tokai) filed a provisional application Friday to list its shares on the Tokyo, Nagoya, Osaka and Kyoto stock exchanges, according to JR Tokai officials. JR Tokai, one of seven Japan Railway group companies created when Japanese National Railways was privatized in 1987, plans...
JAPAN
Apr 10, 1997

Killing suspect mum on motive

OSAKA -- A man arrested April 9 in connection with the fatal stabbing the same day of an 8-year-old girl refuses to elaborate on a motive for the attack, investigators said April 10.
JAPAN
Apr 9, 1997

Tsumura pleads not guilty to breach of trust

Akira Tsumura, former president of leading Chinese medicine maker Tsumura & Co., and two colleagues on April 9 pleaded not guilty to aggravated breach of trust allegations related to loan improprieties.
JAPAN
Apr 8, 1997

JR cracks down on mobile phone users

To cope with mounting complaints from passengers, East Japan Railway Co. will limit the use of mobile phones on trains starting April 14, the company said April 8.
JAPAN
Apr 2, 1997

Orix chief urges government to 'climb the next mountain'

The nation's move toward deregulation is at a turning point and the government must continue easing regulations to "climb the next mountain," says the deputy chairman of an Administrative Reform Committee branch.
JAPAN
Mar 24, 1997

Green Cross execs plead guilty in blood products debacle

OSAKA -- Three former presidents of Green Cross Corp. pleaded guilty Mar. 24 before the Osaka District Court to charges of professional negligence resulting in death because of the drug company's sale of HIV-tainted blood products.
JAPAN
Mar 15, 1997

Chief of Nomura steps down . . . again

The president of Nomura Securities Co., the nation's top brokerage, resigned Mar. 14 over the widening scandal caused by the company's illicit business practices on behalf of a firm run by a relative of a former "sokaiya" corporate extortionist.
JAPAN
Feb 20, 1997

Special tax measures mulled for NTT split

Special tax measures may be temporarily applied for the planned breakup of Nippon Telegraph and Telephone Corp. but they will not be applied to consolidated earnings, a top Finance Ministry official said Feb. 20.
JAPAN
Feb 18, 1997

No law planned for NTT breakup, minister says

The splitup of Nippon Telegraph and Telephone Corp. through the formation of a holding company will not be handled by the creation of a separate taxation law, Finance Minister Hiroshi Mitsuzuka said Feb. 18.
JAPAN
Feb 5, 1997

Meter companies raided as bid-rigging probe widens

Authorities from the Tokyo District Public Prosecutor's Office simultaneously raided on Feb. 5 more than a dozen offices of firms making water meters to collect evidence over alleged bid-rigging in connection with Tokyo Metropolitan Government contracts.
JAPAN
Jan 31, 1997

Shiseido to offer lifetime employment in junior year

From this spring, the guarantee of a job for life will be granted one year before students seeking to join cosmetics giant Shiseido Co. graduate from college, a policy that is expected to be copied at other firms.The firm announced Jan. 31 that it plans to interview in March college juniors who are...
JAPAN
Jan 30, 1997

Britain still in running for investment, Toyota head assures

Hiroshi Okuda, president of Toyota Motor Corp., said his company has made no decision on future investment in Europe and Britain remains one of many possible options.In a statement issued Jan. 30, Okuda said, "The Toyota Motor Corp. position regarding future investment in Europe is now under study and...
JAPAN
Jan 27, 1997

Turkish most jealous, Canadians least, Harlequin says

Turkish people are the most jealous when it comes to love, followed by the Spanish and Portuguese, according to a global annual survey of 20 countries released Jan. 27 by the romance novel publishing company Harlequin K.K.Ranked least jealous were Canadians, while Japanese came in 15th, the Japanese...
JAPAN
Jan 16, 1997

Web site offers college exam odds

Yahoo Japan Corp., an Internet search service company, and Obunsha Co., a major publishing company, will begin a Web service on Jan. 23 to predict the chances of an examinee passing university entrance exams based on an Obunsha database, the companies said Jan. 16.The prediction will be based on the...
JAPAN
Jan 16, 1997

Revival of holding firms made easier

The Fair Trade Commission is considering greater liberalization once it lifts the ban on holding companies than had been initially planned by the organization's study panel.FTC Chairman Yasuchika Negoro indicated Jan. 16 that the FTC, in cooperation with government agencies, will soon work out a draft...
JAPAN
Jan 9, 1997

Town's energy need blows in the wind

TACHIKAWA, Yamagata Pref. -- On a cloudy winter afternoon, a cold, fierce wind blowing from the Sea of Japan relentlessly turns three large windmills on a hill. Inside a nearby building with an oval-shaped roof, a man in work clothes keeps an eye on the windmills' control console, checking the rotors,...
JAPAN
Jan 3, 1997

Nissan chief predicts autos will remain Japan's top industry

While some analysts say Japan's auto industry has matured and has little room for growth, the president of Nissan Motor Co. believes the industry will continue to be Japan's leading sector in the 21st century."There may be a new industry that will grow in the future, such as the information business,...
JAPAN
Jan 2, 1997

Virtual idol Kyoko Date breaks new ground in cyberspace project

She sings and dances, favoring the style of teenage pop diva Namie Amuro. She's got what it takes to make it as an idol of today -- boyishly cute looks and a wardrobe of tight, satiny shirts and shorts.
Japan Times
BUSINESS / Companies
Jun 22, 2023

Nearly 70% of Japan firms expect more activist proposals, poll shows

More than 340 shareholder resolutions have been submitted to about 90 listed companies for voting at annual shareholders meetings in June, when most Japanese firms hold such meetings.
Japan Times
BUSINESS
Jun 22, 2023

Australia gives Twitter 28 days to clean up 'toxicity and hate'

E-safety commissioner Julie Inman Grant — a former Twitter employee — says the platform is now responsible for one-in-three complaints about online hate speech reported in Australia.
BUSINESS
Jun 21, 2023

Influential Japanese business leader Jiro Ushio dies at 92

Ushio founded Ushio Inc. in 1964 and grew it into a specialized manufacturer of industrial special light sources such as halogen lamps.
Japan Times
WORLD
Jun 21, 2023

In rush to arm Ukraine, weapons are bought but not delivered, or are too broken to use

Some of the weapons sent to Ukraine by other countries have been unusable, and hundreds of millions of dollars in contracts paid up front have yet to be fulfilled.
Japan Times
ASIA PACIFIC
Jun 21, 2023

Australia pressured to use Russia war windfall to help Ukraine

Australia is among the smallest contributors to Ukraine despite being a major indirect economic beneficiary of the war.
Japan Times
WORLD
Jun 21, 2023

Kyiv in talks with Western arms firms over Ukraine production, minister says

Since Russia's invasion of Ukraine last year, Kyiv has been scrambling to secure weapons ranging from munitions to rocket launchers to missiles.
Japan Times
WORLD
Jun 21, 2023

Eastern Germany's brown coal belt tries to go green

There are plans to build the country's largest battery park, but the region remains skeptical of the transition it symbolizes.
Japan Times
BUSINESS / Companies
Jun 20, 2023

Carlos Ghosn sues Nissan for $1 billion in Lebanon courts

Ghosn had been awaiting trial in Japan on charges of underreporting earnings, breach of trust and misappropriation of company funds.
Japan Times
COMMENTARY / World
Jun 20, 2023

America must get out of the way if AUKUS is to succeed

The International Traffic in Arms Regulations regime, rules that govern U.S. trade in weapons and defense products, impacts all cooperation envisioned under AUKUS.

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