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July 16, 2024
 

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YAKUZA

BUSINESS / Companies
Jan 17, 2014
METI tells Orient to clean up its act after revelations of Mizuho-linked yakuza loans
The Ministry of Economy, Trade and Industry issued a business improvement order Friday against Orient Corp. over shady loans extended to members of organized crime groups by Mizuho Bank via the consumer credit company.
Japan Times
JAPAN / Media / BIG IN JAPAN
Jan 4, 2014
Cash, sex, the mob? Weeklies seek clues in gyōza king's killing
Just when it was starting to look like 2013 would end with minimal gun violence in Japan, two socially prominent individuals were shot dead in the space of two days.
JAPAN / Media / DARK SIDE OF THE RISING SUN
Jan 4, 2014
Here's eyeing Japan 2014 — warts an' all
"To know the future, look at the past," is a familiar Buddhist aphorism. However, it's also said that a prophet isn't honored in his hometown — which is why I live in Tokyo. As we ride into the Year of the Horse, I thought I'd canter awhile through times to come and report back on what I found. My...
BUSINESS
Dec 26, 2013
Mizuho ordered to halt affiliated loans for month
The Financial Services Agency orders Mizuho Bank to suspend some of its 'affiliated loans' for a month for doing business with organized crime.
Japan Times
JAPAN
Dec 19, 2013
'Gyoza' chain chief shot dead outside HQ
The president of the nationwide Ohsho 'gyoza' (dumpling) restaurant chain is gunned down in front of the company's headquarters in Kyoto.
WORLD
Nov 23, 2013
Japan's yakuza woes return to the silver screen
Hollywood has long fetishized Japanese gangsters, with their full-body tattoos, missing pinkies and harems of buxom groupies. Ever since Sydney Pollack's "The Yakuza" in 1974, the colorful mafiosi have provided regular fodder for directors including Ridley Scott and Quentin Tarantino.
Japan Times
BUSINESS
Nov 13, 2013
Mizuho has more loans to the mob
Mizuho Bank has outstanding loans to yakuza and other antisocial elements apart from car loans extended through its affiliate credit company, Orient Corp., President Yau00adsuu00adhiu00adro Sau00adto tells the Diet.
Japan Times
JAPAN
Nov 12, 2013
Sumitomo Mitsui affiliate may have extended loans to crime groups
Loans screened by a credit company under Sumitomo Mitsui Financial Group are suspected to have been extended to people linked to organized crime and other antisocial forces, Sumitomo Mitsui President Koichi Miyata says.
JAPAN / Crime & Legal
Nov 8, 2013
Mizuho shareholders file complaint over yakuza loans
Two shareholders of Mizuho Financial Group Inc. have filed a criminal complaint with investigative authorities against Mizuho Bank, claiming it intentionally made a false report to the Financial Services Agency in connection with loans to yakuza, their lawyers said.
BUSINESS / Companies
Nov 7, 2013
Acom also admits extending shady loans to yakuza
Acom Co., a consumer loan company under Mitsubishi UFJ Financial Group Inc., said Thursday it has extended several loans to individuals linked to organized crime and other anti-social forces, becoming the latest in a string of lenders to own up to the practice.
JAPAN / Crime & Legal
Nov 6, 2013
Did stalls net yakuza ¥300 million?
About u00a5300 million from all the money collected by an association of stall operators in Hyogo Prefecture last year remains unaccounted for, and most likely went to the yakuza, prefectural police say.
JAPAN / Crime & Legal
Nov 5, 2013
Mobster held over training subsidies
The boss of a yakuza organization affiliated with the Dojin-kai, an organized crime syndicate based in Kurume, Fukuoka Prefecture, was arrested Monday on charges of illegally taking government subsidies, police said.
Japan Times
BUSINESS / Companies
Oct 31, 2013
Regional banks shun Mizuho over scandal
At least seven of the nation's 14 regional banks tied up with Mizuho Financial Group Inc.'s credit company, Orient Corp., will stop doing business with it due to the scandal over Orient's loans to the underworld, according to bank officials.
BUSINESS / Companies / ANALYSIS
Oct 29, 2013
Shady loans have long history; laws slow to catch up
Mizuho Bank's loans to yakuza and other shady individuals through its group credit company Orient Corp. may be just the tip of the iceberg as corporate Japan struggles to break off its long-held ties with organized crime.
Japan Times
JAPAN / Crime & Legal
Oct 28, 2013
Mizuho offers denials as heads roll over mob loans
Mizuho Bank announces it will punish 54 present and former executives for lending money to organized crime groups but denies it colluded with yakuza.
BUSINESS
Oct 20, 2013
Mizuho to up scrutiny to prevent mob loans
To ensure that no more loans are made to organized crime groups, Mizuho Bank is considering setting up a special organization and bringing in an outside board member to strengthen supervision, sources said Sunday.
BUSINESS / Companies
Oct 17, 2013
Mizuho reported to FSA about shady loans without sufficient probe
A former Mizuho Bank vice president in charge of compliance matters said Thursday the bank submitted to Japan's financial watchdog a false report on its lending to people related to underworld groups without interviewing him.
EDITORIALS
Oct 15, 2013
Get to the bottom of shady loans
The inability of Japan's third-largest bank to break the habit of approving car loans for yakuza reflects poor corporate governance and besmirches the reputation of the financial industry.
BUSINESS / Companies
Oct 12, 2013
Mizuho Bank faces more FSA penalties over yakuza loans
The Financial Services Agency will weigh additional penalties against Mizuho Bank after it explains later this month its failure to reveal executives' involvement in loans to underworld groups, officials of the watchdog said.
BUSINESS / Companies
Oct 9, 2013
Mizuho told to submit further report on loans to yakuza
The Financial Services Agency issues a fresh order to Mizuho Bank and its parent, Mizuho Financial Group Inc., to report on the bank's lending to the mob, after Mizuho's previous account of the matter turned out to be incorrect.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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