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...kind of appreciation the yen is experiencing now isn't necessarily a bad thing, says Takashi Omori, chief economist for Japan at UBS. He points to the fact that about 80% of Japanese imports are contracted on foreign currency and this would allow for savings on import costs with an appreciating yen and make up for some losses expected in export sales. He says that some Japanese firms have accumulated profits in the past years and can now be expected to live off of this while the yen stabilizes. If you take into account exchange rate and inflation, the current...

Author: /time Magazine | Title: Japan's Strong Yen Problem | 3/14/2008 | See Source »

...cult sensation Audition. Kakihara is a sado-masochistic punk gangster caught up in an underworld where dysfunction speaks louder than love. When his yakuza boss mysteriously disappears, Kakihara hunts for his abductor. In the process, he turns a mansion into a phantasmagorical torture chamber. Then he meets Ichi (Naori Omori), a schizophrenic hit man tormented by the pleasure he takes in ultraviolent killing. Director Miike obviously wants to signpost Japanese society's ills and does so with a broad and bloody brush. Ichi dispatches his victims with a large rotating metal blade that flicks out of his sneaker. Heads, legs...

Author: /time Magazine | Title: Asia's New Cinematic Values | 4/8/2002 | See Source »

...interests of group journalism, Japanese publishers have tried to suppress individuality. In 1965, for example, Minoru Omori was eased out of his job as foreign editor of Mainichi because he had become too prominent. But individualism keeps cropping up. Lately, a few papers have been increasing the use of bylines and striving for a more personal writing style. They have also grown more willing to court controversy. "We are trying to create an atmosphere in which people can speak about formerly taboo subjects," says Yomiuri Editor in Chief Yosoji Kobayashi. Not that the press is ever likely to depart from...

Author: /time Magazine | Title: Newspapers: Not the Right to Know But to Know What's Right | 12/29/1967 | See Source »

Citing an Asahi Shimbun poll that claimed 42% of all Japanese believe that the loss of South Viet Nam to Communism would have no effect on Japan, Reischauer took editors and public alike to task for "serious misapprehensions." In his new "high posture," Reischauer specifically attacked Foreign Editor Minoru Omori of Mainichi Shimbun (circ. 6,400,000), who, after watching a North Vietnamese propaganda film, declared that the U.S. had bombed a leprosarium near Hanoi "for ten days straight." First response to the Reischauer speech was indignation, but eventually Reischauer's reputation paid off. Much greater attention...

Author: /time Magazine | Title: Japan: Demo in the Damp | 11/26/1965 | See Source »

Eagerness to Please. After half a year of cramming theology, Tomio Muto took the examinations of the United Church of Christ in Japan and became a licensed minister of Tokyo's Omori Church. He spent two spartan years recasting a translation of the Bible into contemporary Japanese, and turned into a spellbinding evangelist. He was an oddity: native Christian evangelists are about as rare in Japan as Japanese are in the Bible belt. Most Japanese ministers concentrate on theology, philosophy, and on earning their livings at outside jobs. Evangelist Muto found, moreover, that Japanese eagerness to please resulted...

Author: /time Magazine | Title: Religion: Evangelism Is War | 2/7/1955 | See Source »

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