Man held in Itoham extortion bid

Kyodo

A 61-year-old man was arrested Saturday on suspicion of trying to extort money from Itoham Foods Inc., investigators said.

The suspect, Takeshi Kimura, allegedly demanded earlier this year that the company pay tens of millions of yen to prevent him from revealing an operational problem during a shareholders’ meeting, they said.

Kimura, who runs an ironworks, holds 3,000 shares in the ham and sausage maker.