Low interest rates still squeezing Japanese banking profits
Nikkei -- May 16
Japan's five leading banking groups reported a third straight year of shrinking aggregate profit Monday, hampered by the central bank's negative interest rate policy, but the strength of their overseas operations helped stave off a worse result.

Combined net profit fell 3% from the previous year to 2.51 trillion yen ($22 billion) for the five groups, which include Japan's three megabanks as well as Resona Holdings and Sumitomo Mitsui Trust Holdings. Only Sumitomo Mitsui Financial Group saw an increase, with net profit bouncing back 9% to 706.5 billion yen from heavy year-earlier losses on consumer finance operations and foreign shareholdings.

News source: Nikkei
Jan 17
NHK is apologizing after issuing a false alert that said North Korea had probably launched a missile and warned people in Japan to take cover. (NHK)
Jan 17
Following the release of its first edition in 1955, publisher Iwanami Shoten's Kojien has become one of the most respected and widely used dictionaries in Japan. Since 1998, the tome has been on a 10-year update cycle, and so last week's release of Kojien's seventh edition was a big deal not just for linguists, but for Japanese society in general. (rocketnews24.com)
Jan 17
Spending by visitors from abroad during their stays in Japan exceeded 4 trillion yen for the first time on record in 2017, the Japan National Tourism Organization said in a preliminary report on Tuesday. (Jiji)
Jan 16
Tokyo Metropolitan Police have arrested a 41-year-old man who is suspected of stealing the wallets of dozens of sleeping passengers on the Yamanote Line since last year, reports the Sankei Shimbun (Jan. 16). (tokyoreporter.com)
Jan 16
Eight corpses possibly belonging to North Korean nationals have been discovered aboard and near a wooden ship that washed ashore in Kanazawa City earlier this month, reports NHK (Jan. 16). (tokyoreporter.com)
Jan 16
A woman in her 60s in Fukuoka Prefecture died in 2016 after being infected with Corynebacterium ulcerans, becoming the first victim of the zoonotic disease in Japan, health ministry officials said Monday. (Jiji)
Jan 16
Police and consumer centers across Japan have received more than 1,500 inquiries from people affected by a scandal involving a gala dress kimono retail and rental firm. The total value of contracts drawn up between the firm and the consumers who have consulted with the centers has topped 270 million yen, or nearly 2.5 million dollars. (NHK)
Jan 16
With the investigation into the rigging of arcade games widening in scale, Osaka Prefectural Police have re-arrested the president of a management company over the alleged fraud of additional persons, reports NHK (Jan. 13). (tokyoreporter.com)
Jan 16
A man was arrested Monday on suspicion of stabbing two men the previous night, one fatally, in what appeared to be random attacks, the police said. (Japan Times)
Jan 16
A branch of Yokohama District Court on Monday ordered the city of Zushi, Kanagawa Prefecture, eastern Japan, to pay 1.1 million yen in damages for leaking information that led to the murder of a 33-year-old woman by a stalker. (Jiji)