Tag - scandals

 
 

SCANDALS

Japan Times
WORLD
May 7, 2016
Panama Papers whistleblower says global corruption behind rationale for massive data leak
The person who claims to have disclosed the Panama Papers, a trove of financial data that has implicated politicians and business leaders around the world in large-scale tax evasion, issued a statement Friday explaining the motives behind the massive leak.
BUSINESS / Companies
May 6, 2016
Toshiba VP Tsunakawa to become president in June
Toshiba Corp. said Friday it will promote Vice President Satoshi Tsunakawa to replace President Masashi Muromachi as the industrial conglomerate aims to rebuild itself under new leadership.
BUSINESS / Companies
May 2, 2016
MMC mulls compensation for parts makers stung by mileage scandal
Mitsubishi Motors might compensate parts makers left in a lurch by its decision to suspend an Okayama minicar plant linked to its fuel-efficiency scandal.
BUSINESS
Apr 30, 2016
Vehicles subject to Takata air bag recall may jump to 100 million units globally
More than 100 million vehicles are likely to be subject to global recalls linked to faulty air bags made by Takata Corp., up from the current 60 million units, sources close to the matter said Friday.
BUSINESS / Companies
Apr 28, 2016
Government to do its own tests on Mitsubishi vehicles as performance scandal widens
The transport ministry will begin collecting data on four models next week and announce the results in June.
Japan Times
BUSINESS / Companies
Apr 27, 2016
Mitsubishi skips forecast, says domestic orders have halved
Mitsubishi Motors Corp. on Wednesday abstained from releasing a forecast for fiscal 2016 as a scandal involving falsified fuel efficiency figures threatened to be a road wreck for the automaker.
Japan Times
BUSINESS / Companies
Apr 27, 2016
Deepening tests scandal could throttle Mitsubishi Motors
Mitsubishi Motors opts not to release a projection of its fiscal 2016 earnings amid a scandal involving falsified fuel efficiency figures.
BUSINESS / Companies
Apr 26, 2016
Mitsubishi Motors admits using unapproved efficiency tests for 25 years
The embattled automaker admits that its method of testing fuel efficiency much longer than it had previously stated.
BUSINESS / Companies
Apr 26, 2016
Daimler, Ford brace for scrutiny after emission scandals
Carmakers have to be clearer about the way they certify their fuel economy and emission ratings as regulators ramp up scrutiny over the gap between laboratory results and on-road conditions, according to Daimler AG Chief Executive Officer Dieter Zetsche.
BUSINESS / Companies
Apr 26, 2016
Mitsubishi Motors executives skip Beijing car show
Mitsubishi Motors Corp.'s senior executives skipped the Beijing car show as the automaker grapples with the fallout from its mileage fraud admission.
Japan Times
BUSINESS
Apr 25, 2016
Carmakers must boost transparency on emissions, fuel economy, fix flaws: Daimler chief
Carmakers have to be more transparent about the way they certify their fuel economy and emission ratings as regulators step up scrutiny into the gap between laboratory results and real-world driving conditions, according to Daimler AG Chief Executive Officer Dieter Zetsche.
BUSINESS / Companies
Apr 22, 2016
Mitsubishi Motors likely used unapproved testing method on Pajero, i-MiEV
Mitsubishi Motors' Pajero is among roughly 10 models tested using a method not compliant with Japanese regulations.
EDITORIALS
Apr 22, 2016
Mitsubishi Motors' cheating scandal
Mitsubishi Motors' claims that it has rectified the crooked corporate culture that led to its previous scandals is now in doubt.
Japan Times
BUSINESS / Companies / ANALYSIS
Apr 21, 2016
Mitsubishi scandal could push firm to brink again, requiring rescue by group
Mitsubishi Motors Corp.'s disclosure that it manipulated fuel economy tests risks putting it in the position of needing help from group companies to stay in business.
Japan Times
BUSINESS
Apr 20, 2016
Mitsubishi Motors admits employees falsified fuel-efficiency data
The automaker says its workers faked test results for four minicars for which manufacturing and sales have now been suspended.
ASIA PACIFIC / Politics
Apr 19, 2016
Front-runner in Philippines presidential race apologizes for rape remark
A Philippine mayor who built a reputation for fighting crime apologized Tuesday for a rape comment that caused a political storm and could dent his chances of winning the presidency in an election just three weeks away.
Japan Times
JAPAN / Crime & Legal
Apr 9, 2016
Locations raided in ex-minister Amari's fund scandal probe
Tokyo public prosecutors raided several locations Friday as part of an investigation into a money scandal involving former Economic and Fiscal Policy Minister Akira Amari.
Japan Times
BUSINESS
Apr 9, 2016
High-flying Shanghai wealth management firm comes crashing back to earth
Zhongjin Capital Management made a splash in the past couple of years in Shanghai. The wealth management firm's imposing branch office on Shanghai's historic Bund pulled in many eager investors seeking the double-digit returns it promised on short-term financing products. It had a big profile, sponsoring...
Japan Times
JAPAN / Crime & Legal
Apr 7, 2016
Panama Papers raise concerns offshore tax havens hiding criminal activity in Japan
Recently leaked documents have revealed a number of Japanese nationals own companies in offshore tax havens, with one businessman saying it was 'easy.'
Japan Times
JAPAN / Politics
Apr 7, 2016
Yamao apologizes over ¥4.29 million fuel claim in 2012
The new Democratic Party's inaugural policy chief has been forced to apologize after it emerged that her office had claimed up to ¥4.29 million in fuel expenses in a single year.

Longform

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