Tag - corporate-governance

 
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April 18, 2025
 

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CORPORATE GOVERNANCE

Nissan’s latest crisis surfaced in November when it reported a 94% drop in first-half net income.
BUSINESS / Companies
Jan 27, 2025
Nissan eyes cuts without resorting to plant closures, sources say
The carmaker will focus on reducing and consolidating existing production lines both in Japan and overseas to cut costs.
U.S. President Donald Trump addresses the World Economic Forum's annual meeting in Davos, Switzerland, via videoconference on Thursday.
COMMENTARY / World
Jan 27, 2025
The Davos ‘vibe shift’ is no surprise
This year, Davos was different. Significant slices of corporate America have been divesting themselves of the world-saving ideals that Davos is built on.
US Steel’s Mon Valley facility in Pennsylvania. Activist investor Ancora Holdings Group has nominated nine candidates for U.S. Steel’s board and is pushing for the company to abandon a takeover by Nippon Steel.
BUSINESS / Companies
Jan 27, 2025
Ancora seeks U.S. Steel board revamp and end to Nippon Steel deal
The Cleveland-based activist investor intends to push U.S. Steel to end litigation aimed at rescuing the Nippon Steel deal and instead collect a $565 million breakup fee.
Fuji Media Holdings' headquarters in Tokyo's Minato Ward on Thursday
JAPAN / Media
Jan 25, 2025
Fuji TV board to meet on Monday to discuss scandal
The board is expected to discuss the company's response to calls for Fuji Television executives, including President Koichi Minato, to take responsibility over the scandal.
Fuji TV's headquarters in Tokyo on Thursday
BUSINESS / Markets
Jan 24, 2025
Scandal-hit Fuji Media stock trading soars 1,767% on shakeup bet
A total of 237.8 million shares changed hands in Tokyo, compared with 12.74 million last week.
Fuji Television's poor handling of sexual misconduct allegations against celebrity Masahiro Nakai has led to an exodus of sponsors from the broadcaster.
JAPAN / Media / FOCUS
Jan 24, 2025
What are the real issues behind the Fuji TV scandal?
Fuji TV's handling of sexual misconduct allegations against TV personality Masahiro Nakai led to a firestorm of public disapproval. Where did it go wrong?
Japan Airlines' chief executive officer and its chairman will be subject to a 30% pay cut for two months over an incident involving two pilots drinking.
BUSINESS / Companies
Jan 24, 2025
JAL top executives have their pay docked after pilot drinking incident
The punishments stem from an incident last month when two captains caused a flight to be delayed by around three hours after alcohol was found in their systems.
TV star Masahiro Nakai abruptly announced his retirement Thursday as the fallout from sexual misconduct allegations against him continued to expand.
JAPAN
Jan 23, 2025
Ex-SMAP member Masahiro Nakai to retire amid sexual misconduct allegations
The 52-year-old former SMAP member said his contracts had been wound up, and that negotiations with sponsors were in progress.
Fuji Media Holdings' headquarters in Tokyo's Minato Ward. The company will hold an extraordinary board meeting on Thursday over the firestorm sparked by TV host Masahiro Nakai's alleged sexual misconduct.
JAPAN / Media
Jan 22, 2025
Fuji TV scandal sparks probes on exploitation within TV industry
The sexual misconduct allegations against TV host and former SMAP member Masahiro Nakai have thrown a spotlight on the TV industry's culture and ethics.
A trailer transports Nissan’s NV200 Venette minivans in Yokosuka, Kanagawa Prefecture.
BUSINESS / Companies
Jan 21, 2025
Nissan to end production of compact van as Honda rescue looms
Manufacturing unit Nissan Shatai hasn’t made any decisions on job cuts, a Nissan spokesperson said.
Prime Minister Shigeru Ishiba entering the Prime Minister's Office on Monday
JAPAN
Jan 21, 2025
Japan to disclose names of malicious AI businesses
The planned legislation on dealing with the risks of AI and boosting Japan's international competitiveness on the technology is not expected to include penalties.
The surge in share buybacks followed a request by the Tokyo Stock Exchange in March 2023 that listed companies put more focus on improving capital efficiency.
BUSINESS / Markets
Jan 20, 2025
Listed Japanese firms' share buybacks hit record in 2024
The increase has been attributed to accelerated corporate efforts to improve capital efficiency and pressure from activist shareholders.
Fuji TV President Koichi Minato speaks at a news conference on Friday in Tokyo.
JAPAN / Media
Jan 20, 2025
What went wrong at Fuji TV's news conference on allegations against Nakai?
The broadcaster, which imposed various restrictions for the event that included denying access to many media agencies, ended up worsening the scandal.
Fuji TV President Koichi Minato speaks during a news conference in Tokyo on Friday.
JAPAN
Jan 17, 2025
Fuji TV to launch probe after allegations of sexual misconduct
The move comes amid rising criticism over the broadcaster’s handling of alleged sexual misconduct by former SMAP member Masahiro Nakai.
MUFG Bank's Nerima branch in Tokyo, where a former employee allegedly stole customer assets from safe deposit boxes
JAPAN
Jan 16, 2025
MUFG Bank punishes execs over customer asset thefts
President Junichi Hanzawa will take a 30% cut in monthly pay for three months.
Fuji TV in the Odaiba waterfront area in Tokyo in 2021
JAPAN
Jan 16, 2025
Fuji TV scrutinized over handling of allegations against ex-SMAP member Nakai
The scandal has sparked widespread criticism, with many questioning Fuji TV’s corporate governance and crisis management.
Hino Motors was charged with fraud in the U.S. District Court in Detroit for unlawfully selling 105,000 heavy-duty diesel engines in the United States from 2010 through 2022 that did not meet emissions standards.
BUSINESS / Companies
Jan 16, 2025
Hino Motors reaches $1.6 billion U.S. diesel emissions settlement
Hino said it booked an extraordinary loss of ¥230 billion in its second quarter results in October to cover the expected costs of resolving the litigation.
The Fuji TV building in Tokyo's Odaiba district. In a letter to Fuji Media Holdings' board of directors, Dalton Investments expressed outrage over the “serious flaws” in the broadcaster’s corporate governance in relation to its handling of the uproar sparked by TV star Masahiro Nakai, a former member of boy band SMAP.
JAPAN / Media
Jan 15, 2025
U.S. investment firm demands Fuji TV probe Nakai's alleged sex misconduct
Dalton Investments expressed outrage over the “serious flaws” in the broadcaster’s corporate governance amid the uproar sparked by the former member of boy band SMAP.
Elon Musk, left, with Vivek Ramaswamy on Capitol Hill in Washington on Dec. 5.
BUSINESS / Tech
Jan 15, 2025
SEC accuses Elon Musk of bilking Twitter investors out of millions
The agency’s complaint accuses Musk of failing to promptly report that he had amassed more than 5% of the social media platform’s stock in early 2022.
The Tokyo Stock Exchange will soon require some companies to publish their financials in English in addition to Japanese.
BUSINESS / Markets
Jan 13, 2025
Japanese companies rush to up English-language disclosures in 2025
The Tokyo Stock Exchange requires Prime market companies to release financial statements and other key information simultaneously in English and Japanese from April.
In a first, Japan issues cease-and-desist order against Google
The Google logo is seen at the company's Bay View campus in Mountain View, California. Japanese authorities on Tuesday issued a cease-and-desist order to Google over an alleged violation of the country's anti-monopoly law.
Japan and the U.S. begin tariff talks on good terms, but without breakthroughs
Ryosei Akazawa, Japan's chief tariff negotiator, speaks to reporters in Washington on Wednesday.
Trump calls the U.S.-Japan alliance ‘one-sided.’ Tokyo says otherwise.
U.S. President Donald Trump speaks during a Cabinet meeting at the White House on Thursday in Washington.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
China executes man over Japanese school bus stop murder
The bus stop in Suzhou, Jiangsu Province, China, where a Japanese mother, her child, and a Chinese woman were attacked in June 2024
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
Kyotographie 2025 opts for laughter and levity in the face of global strife
Palestinian American photographer Adam Rouhana’s exhibition at this year’s Kyotographie festival shows Palestinian life, not death and rubble.
Privacy and transparency clash in debate over bill on artificial insemination
Sachiko Ishizuka, who was born via artificial insemination by donor (AID), tells her story to lawmakers from the Constitutional Democratic Party of Japan on April 9.
Why Ishiba became the first prime minister to hold talks with Rengo in 16 years
Prime Minister Shigeru Ishiba and Japanese Trade Union Confederation chief Tomoko Yoshino in a meeting Tuesday at the Prime Minister's Office
In a first, Japan issues cease-and-desist order against Google
The Google logo is seen at the company's Bay View campus in Mountain View, California. Japanese authorities on Tuesday issued a cease-and-desist order to Google over an alleged violation of the country's anti-monopoly law.

Podcast

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