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November 22, 2024
 

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SCANDALS

EDITORIALS
Sep 15, 2019
Nissan's challenges post-Saikawa
Whoever takes over from Saikawa faces the tough challenge of normalizing Nissan's management as quickly as possible to allow the automaker to charter a path for its revival and start pouring its resources into crucial technologies such as autonomous driving.
Japan Times
BUSINESS / Companies
Sep 15, 2019
How Nissan CEO Hiroto Saikawa went from defiant to fired in 24 hours
Hiroto Saikawa's tone bordered on defiant on Sept. 8 when discussing his future as chief executive officer of Nissan Motor Co. He accepted responsibility for the Carlos Ghosn scandals and said he'd resign after a successor was found, but he wasn't taking the fall for a burgeoning controversy over his...
Japan Times
BUSINESS / Companies
Sep 13, 2019
Japan Post Bank broke rules with sales of investment trust products to thousands of seniors
Japan Post Bank improperly sold investment trust products to elderly customers in violation of its rules in a total of some 20,000 cases, sources have revealed.
Japan Times
BUSINESS / Companies
Sep 10, 2019
Nissan ousts CEO Hiroto Saikawa over pay scandal as carmaker's turmoil deepens
Less than a year since the dramatic downfall of Carlos Ghosn, Nissan Motor Co. is losing another leader.
Japan Times
BUSINESS / Companies / ANALYSIS
Sep 9, 2019
Hiroto Saikawa's departure only adds to Nissan's uncertainty
Nissan Motor Co. has announced that CEO Hiroto Saikawa will step down next Monday, which will likely add another layer of dark clouds over the viability of the Yokohama-based automaker already mired in low profits, waning trust in corporate governance and a shaky alliance with French Renault SA.
Japan Times
BUSINESS / Companies
Sep 8, 2019
Nissan CEO Hiroto Saikawa to step down, report says
Nissan Motor Co. CEO Hiroto Saikawa, whose tenure has been rocked by a scandal leading to the downfall of one of the most charismatic leaders in Japanese business and raising serious questions over the company's corporate governance, has expressed his intention to step down, the Nikkei business daily...
Japan Times
JAPAN
Sep 8, 2019
MIT Media Lab director Joi Ito resigns following reports of financial ties to disgraced financier Jeffrey Epstein
The Massachusetts Institute of Technology said Saturday that Joichi Ito had resigned as director of the MIT Media Lab amid concern over his financial ties with disgraced late financier Jeffrey Epstein.
Japan Times
BUSINESS / Companies
Sep 7, 2019
Top Nissan investigator into CEO Hiroto Saikawa's excess pay set to quit carmaker
Nissan Motor Co.'s internal investigation into former Chairman Carlos Ghosn's alleged financial misconduct has been completed and the results will be reported to its board meeting this coming week.
BUSINESS / Companies
Sep 6, 2019
Nissan overpaid Carlos Ghosn whistleblower Hari Nada along with CEO Hiroto Saikawa
Nissan Motor Co. overpaid other executives in addition to its chief executive officer, according to people with knowledge of the matter, among them Senior Vice President Hari Nada, a key figure in the downfall of former Chairman Carlos Ghosn.
Japan Times
BUSINESS / Companies
Sep 6, 2019
Ministry says Recruit Career acted illegally in Rikunabi data scandal and demands corrective steps
The labor ministry said Friday it had issued administrative guidance to Recruit Career Co. for selling to its clients web browsing data predicting the odds of job-hunting students declining informal job offers, without the students' consent.
Japan Times
ASIA PACIFIC / Politics
Sep 6, 2019
South Korean ministerial nominee in cross-hairs over daughter's education perks
President Moon Jae-in's nominee for justice minister may soon take office under the cloud of a prosecution inquiry and public outcry over a scandal that has reignited debate over class privilege.
Japan Times
BUSINESS / Companies
Aug 31, 2019
FSA to inspect two Japan Post units involved in insurance sales scandal
The Financial Services Agency will conduct on-site inspections of Japan Post Co. and Japan Post Insurance Co. in September over the insurance sales scandal involving the Japan Post Holdings Co. units.
Japan Times
ASIA PACIFIC / Crime & Legal
Aug 29, 2019
Top K-pop producer Yang Hyun-suk questioned by police over gambling and prostitution
The music producer behind some of South Korea's biggest K-pop stars was questioned by police on Thursday in connection with an investigation into illegal gambling and prostitution that has rocked the music industry.
Japan Times
BUSINESS / Companies
Aug 27, 2019
Recruit Career urged to make amends for selling job-seekers' browsing data without consent
The Personal Information Protection Commission on Monday urged job data provider Recruit Career Co. to take corrective measures after it was found to have sold the web-browsing data of nearly 8,000 job seekers to client firms without their consent.
Japan Times
BUSINESS / Companies
Aug 22, 2019
Tokyo FM Broadcasting admits fiddling the books to hide subsidiary's losses
Tokyo FM Broadcasting Co. said Wednesday that it engaged in improper accounting practices to hide a subsidiary's losses.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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