Follow CNNFollowing an economic boom after World War II, Japan has been stuck in stagnation and deflation since the 1990s.1945 1952 The Occupation of Japan. The country is under the control of the Allied nations, the United States, Great Britain, China and the Soviet Union.1956 Joins the United Nations.1964 Tokyo hosts the Summer Olympics.1972 The Olympic Winter Games take place in Sapporo, Hokkaido prefecture, Japan.January 7, 1989 Akihito becomes emperor after the death of Hirohito.1993 Chief Cabinet Secretary Yohei Kono issues a statement that accepts Japan’s responsibility for recruiting comfort women before and during World War II and extends “its sincere apologies and remorse.”January 1995 The 6.9 magnitude Kobe earthquake occurs, where 5,502 people were killed and 36,896 people were injured.March 1995 A religious cult spreads sarin, a nerve gas, in the Tokyo subway. Twelve people are killed and more than 5,000 are sickened..
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