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Softbank's Son named best corporate president of 2011

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Masayoshi Son, chairman and chief executive officer of Softbank Corp., was chosen best president of 2011 for the second consecutive year in an online survey of corporate executives in Japan, the Sanno Institute of Management said Thursday. Son collected 140 votes, or about 30 percent of the total, for his generous donation to victims of the March 11 disasters and for other related activities. He was also lauded for his charisma and plebeian image, the college said. The survey was conducted by an Internet research firm between Nov. 25 and Dec. 5 and received valid replies from 456 of 541 executives at companies with at least 10 employees. (Japan Times)

Olympus faces dividend probe / Committee investigating whether shareholder payments were illegal

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An independent in-house committee of lawyers is set to investigate Olympus Corp.'s admission that it may have illegally paid dividends to stockholders. The company said it will hold an extraordinary shareholders meeting by April to propose the creation of a new management system, but confusion over the firm's operation, stemming from the alleged covering up of past investment losses, is likely to continue in the wake of the dividend payments revelations. On Thursday, the camera and medical equipment maker said there was a period in which the company had no distributable profits. "As a result, we believe dividend payouts [during the period] were illegal," the head of the firm's accounting section, Nobuyuki Onishi said, at a press conference in Tokyo. (Yomiuri)

Prosecutor botched Ozawa case report

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In a stunning development in the trial of former Democratic Party of Japan President Ichiro Ozawa over a political funds scandal, a prosecutor has admitted he included statements not made by Ozawa's aide in his investigation report to a superior. The prosecutor questioned the aide in May last year, after he had been released on bail. The report was among materials examined by the Tokyo No. 5 Committee for the Inquest of Prosecution when it decided Ozawa merited indictment in the case in September 2010. Observers said the latest revelation could affect the outcome of Ozawa's trial. (Yomiuri)

Why a nation obsessed with whales is drowning in a sea of bureaucracy

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Want to know why Japan's earthquake recovery efforts are moving in slow motion? Ask the whales. Tokyoites have grown accustomed to shocking news items since the earth shook and the oceans rose. The nuclear meltdown has proven far worse than the government admitted; radioactive cesium made its way into baby food; more leaks were found in the damaged Fukushima reactor; and warnings by seismologists still go unheeded. Yet the tale of the whales and the $US30 million is what proved most disturbing - and shed light on why Japan is either unable or unwilling to undertake reforms needed to avert credit-rating downgrades and reverse deepening deflation. Advertisement: Story continues below Japan spent about 2.28 billion yen ($29 million) on whaling expeditions from funds allocated for recovery from the earthquake and tsunami. It's a drop in the proverbial bucket, given that the government plans to spend at least $US300 billion rebuilding the Tohoku region. It's a highly telling expenditure, though, with significance far beyond the price tag. (Sydney Morning Herald)

Sony's PlayStation Vita hits stores in Japan

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Sony's long-awaited PlayStation Vita portable game machine has hit stores in Japan as thousands of game enthusiasts lined up at shops from early in the morning. Sony is predicting brisk sales, even though Saturday's launch may have missed some holiday shoppers. A successful debut would help the company offset the rest of its struggling business. The device is a touch-interface and motion-sensitive handheld seen as a successor to the PlayStation Portable. Vita's launch will heat up competition with rival Nintendo Co.'s 3DS. (AP)

U.S. troops to lose DUI immunity

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U.S. military personnel who cause traffic accidents after drinking alcohol at events considered part of their official duties will no longer be able to avoid trial in Japan. The revision to the operation of the Status of Forces Agreement, which governs the handling of U.S. service personnel in Japan, was reached Friday by the high-level Japan-U.S. Joint Committee, the Foreign Ministry said. SOFA now states that "drinking intoxicating beverages shall remove such person from his official duty status." Japan has no authority under SOFA to try U.S. military personnel who have allegedly committed crimes in Japan while on duty. (Japan Times)

Their spirit seems willing but young Japanese are hesitant to get hitched

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Back in the days of "there's gold in them thar hills," one of the prospectors' doleful refrains boasted the title "My Girlfriend's a Mule and a Mine." Across the Pacific and some 150 years on, I wouldn't be surprised if an echo of that plaintive air were not about to catch on among young Japanese males - retitled "My Girlfriend's a Modem and a Mobile." As was reported in The Japan Times on Nov. 26, the findings of a survey by the National Institute of Population and Social Security Research reveal some very telling statistics about the attitudes of young people in this country to unmarried and married life. (Japan Times)

Daunting tasks await despite declaration of cold shutdown

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Officials on Friday finally declared a state of cold shutdown at the Fukushima No. 1 power plant, only to find they still face a long and bumpy road toward scrapping its crippled reactors and restoring the public's shattered confidence in nuclear energy. When the time comes to remove the fuel from reactors 1, 2 and 3, they intend to draw on the lessons of the 1979 Three Mile Island accident in the U.S. But the task will be more challenging than at the Pennsylvania facility because the fuel is believed to have melted through the bases of the reactor pressure vessels. (Japan Times)

Women stabbed to death in Nagasaki

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Police launched an investigation Saturday into the deaths of two women apparently stabbed to death at their home in Saikai, Nagasaki Prefecture. Mitsuko Yamashita, 56, and her mother-in-law, Hisae Yamashita, 77, were found late Friday collapsed in the rear compartment of their minivan outside the house. Police officers rushed to the scene after receiving an emergency call from Mitsuko Yamashita's 18-year-old son, who said windows in their home were broken and that someone had apparently rummaged through the rooms. (Japan Times)

Dutchman arrested in whaling town

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A Dutchman thought to be connected to the antiwhaling Sea Shepherd Conservation Society has been arrested in Taiji, Wakayama Prefecture, on suspicion of acting violently against a man involved in whaling. Erwin Vermeulen, 42, allegedly pushed the man in the chest while trying to force his way onto a seaside road where entry is forbidden because of whale-hunting activities, according to police. (Japan Times)

Chinese tourist numbers rebound

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Chinese visitors to Japan rose last month, marking the first increase since the March 11 disasters and hinting that a recovery in tourism may be near. November arrivals from China, Japan's second-biggest tourist market after South Korea, jumped 35 percent from a year earlier, according to the Japan National Tourism Organization. Visits from Hong Kong rose 23 percent, the organization said. The number of visitors from China, which fell by 50 percent in April, was unchanged from a year earlier in October. (Japan Times)

Judo: Wrestling with the serious issue of rape

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After two-time Olympic champion Masato Uchishiba was arrested Dec. 6 on suspicion of raping a female member of a university judo team, Japanese TV personality and the former first lady of Indonesia, Dewi Sukarno, defended the gold medalist on her blog. She personally called the National Police Agency to find out the name of Uchishiba's lawyer and in the process discovered that the case was being handled by the NPA's criminal investigation section. "Was the incident that serious?" she asks. According to the police, the victim, a minor, went out drinking with the rest of the Kyushu University of Nursing and Social Welfare's judo team and their coach, Uchishiba, one night in September after a training session in Tokyo. (Japan Times)

Govt to limit 2nd-graders to 35 per class next year

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The government plans to limit the number of second-year students at public primary schools to 35 per class starting in the 2012 academic year, sources said Saturday. The system was introduced for first-year students at public primary schools in the 2011 school year. To realize the plan, the government plans to employ about 1,000 more teachers, appropriating the necessary outlay in the fiscal 2012 budget, without revising the current law. (Yomiuri)

PS Vita challenges smartphones

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The world of computer games has entered a new kind of war, with Sony releasing on Saturday a handheld gaming device with increased network functionality in a bid to compete with popular smartphone games. Sony Computer Entertainment Inc. on Saturday released its PlayStation Vita handheld video game console, which allows users to play with anyone in the world using cell phone lines. For many years, competition in the video game industry was primarily between Sony's computer game division and game giant Nintendo Co. However the proliferation of smartphones led to a rapid increase in the popularity of game software for mobile phones. As a result, competition between game producers to recruit talented developers is heating up. (Yomiuri)

Hike in inheritance tax eyed / Gift tax may be eased to encourage generational asset transfers

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The government is calling for a hike in the inheritance tax in a draft of integrated reforms of the social security and taxation systems, according to government sources. Discussions about the reform draft are in their final stage. The draft also includes a reduction of the gift tax to ease the burden on grandchildren receiving assets from living grandparents, with a view to encouraging asset transfers from older to younger generations, the sources said. The maximum inheritance tax rate is now 50 percent for estates valued at more than 300 million yen. (Yomiuri)

Hawaii parade honors Japanese-American WWII vets

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Hundreds of Japanese-American veterans of World War II were honored Saturday with a parade in Honolulu - nearly 70 years after they volunteered to fight for their country even as the government branded them "enemy aliens." About 200 veterans rode in convertibles, troop carriers and trolleys past a cheering crowd of tourists, family and local residents. The event celebrates the Congressional Gold Medal the veterans received last month. Thousands of Japanese-Americans served in World War II even as the government viewed them with suspicion because their ancestors were from the country that bombed Pearl Harbor. Some on the mainland enlisted from internment camps, where the federal government had imprisoned 110,000 Japanese-Americans. Fragile health prevented many of the surviving veterans - the youngest of whom are in their 80s - from traveling to Washington, D.C., to attend a ceremony at which the medal was presented. (AP)

SKorean president presses Japan on sex slaves

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South Korea's visiting president pressed his Japanese counterpart Sunday to resolve a long-standing grievance regarding Korean women forced to serve as sexual slaves during World War II, calling it a "stumbling block" in their relations. Japan maintains that the matter was settled by a bilateral treaty in 1965 that normalized relations, and Prime Minister Yoshihiko Noda said he reiterated that stance during their meeting in the ancient capital of Kyoto. Victims say they want compensation and the prosecution of wrongdoers. President Lee Myung-bak said only 63 women who have identified themselves publicly as former wartime sex slaves are still alive, average age 86. He said 16 such women died this year. (AP)

High school in Minami-Soma to close due to N-crisis

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Shoei High School in Minami-Soma, Fukushima Prefecture, has told the prefectural government it will be closed for an extended period, making it the first school to formally announce it will close due to the nuclear crisis, sources have said. The only private high school within a former emergency evacuation preparation zone around the Fukushima No. 1 nuclear power plant, Shoei High School stands in the Haramachi district of Minami-Soma. Its students were forced to evacuate, and the school has given up on seeking new enrollments for next fiscal year. Although the district's designation as an emergency evacuation preparation zone was lifted Sept. 30, no students or parents have asked the school to resume classes at its original site. (Yomiuri)

Effects of rare earth curbs spreading

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China's curbs on exports of rare earths, which are essential for manufacturing high-tech products, are being felt more and more by Japanese manufacturers. China has a near monopoly in the global production of rare earths, and the Inner Mongolia Autonomous Region of China produces most of the country's rare earths. One city in the region, Baotou, which has a population of about 2.7 million, calls itself "a city of rare earths." The city hosts 75 related companies, including China's biggest rare earth-producing firm, Baotou Iron & Steel (Group) Co. Numerous luxury cars and skyscrapers can be seen in the city, which at night is bathed in light from neon signs. (Yomiuri)

Japan less likely to trust officials, main media, since disaster

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Hajime Shiraishi's moment of truth came when her online video news show, at the time relatively unknown, decided to buck the government line and call a story as it saw it. On March 11, after an earthquake-driven tsunami damaged the Fukushima Daiichi nuclear power plant, the world waited anxiously to see how its fragile reactors would fare. Later that day, plant operator Tokyo Electric Power Co., or Tepco, announced on national TV that all was well: The utility was on top of the accident. No radiation had been released into the atmosphere. Return to regular programming. Mainstream media dutifully reported that story. But not Shiraishi's "Our Planet TV," which soon broadcast a live interview with five Japanese reporters in Futaba City, a community near the stricken plant. The reporters, who had covered the Chernobyl disaster, told a very different tale. (Los Angeles Times)
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