Airline managers, not labor, made the decision to pursue questionable mergers and acquisitions, ride the economic bubble
of the late 1990s, and build overly complex, unwieldy business models that are now unsustainable," he said.
Ashikaga Bank collapsed in November 2003 after piling up nonperforming loans from Japan's economic bubble
era that burst in the early 1990s.
The rating action also considers the tempered expectations for the economy and its impact on traffic growth and price elasticity compared to the expectations during what is now clearly seen as the economic bubble
of the late 1990s.
73 trillion yen will mark the lowest level since the burst of Japan's asset-inflated economic bubble
in the early 1990s.
Japan's economic bubble
of the late 1980s was not, as is often thought, primarily a property and equity bubble.
Still, the tax revenue for the year that ended this March will remain below 40 trillion yen for the first time in 24 years and will mark the lowest level since the burst of Japan's asset-inflated economic bubble
in the early 1990s.
3 trillion yen in fiscal 2003, the lowest since the burst of Japan's asset-inflated economic bubble
seen in the late 1980s and early 1990s.
But the burst of the economic bubble
in the early 1990s, the falling birthrate and the growing popularity of fast food restaurant chains dealt a severe blow to the Skylark chain as well as to other relatively expensive family restaurant chains.
economy could suffer from deflation is Japan's experience with stubborn price falls in the 1990s, following the burst of its economic bubble
Although land prices saw a sharp drop in the 1990s in the wake of the collapse of the economic bubble
, it was the first time in 40 years since the ministry began to release land price data that land prices went up in so few locations, according to the ministry.
66, falling below its lowest close since the burst of Japan's economic bubble
in the early 1990s of 7,162.
69 million yen, the highest level since 1992 around the time of the asset-inflated economic bubble
when the average was 2.