Apr 14, 2012

AIJ chief repeats Diet testimony, this time sworn

AIJ Investment Advisors Co. President Kazuhiko Asakawa repeated Friday in the Diet that he had no intention of deceiving his clients but admitted he showed them falsified fund performance reports. Asakawa spoke in front of the Lower House Financial Affairs Committee, which summoned him ...

Apr 12, 2012

Court upholds life sentence for Ichihashi

The Tokyo High Court on Wednesday upheld Tatsuya Ichihashi’s life sentence for raping and murdering English teacher Lindsay Ann Hawker, ruling he intended to kill her. “The defendant killed the victim with selfish motives of satisfying his libido and hiding his criminal act” of ...

Woodford book chronicles story of coverup

Apr 12, 2012

Woodford book chronicles story of coverup

Last summer, Tsuyoshi Kikukawa, the CEO of Olympus Corp., instructed the firm’s executives to keep then-President Michael C. Woodford from finding out about a magazine article that exposed the company’s dubious transactions, a newly published book by Woodford reveals. His Japanese-language book, “Kainin” (“Terminated”), ...

First glaciers in Japan recognized

Apr 6, 2012

First glaciers in Japan recognized

Scientists have found three glaciers in Toyama Prefecture, the first recognized in Japan and the southernmost in East Asia. Researchers from the Tateyama Caldera Sabo Museum discovered the three slow-moving chunks of ice in the Hida Mountain Range, otherwise known as the Northern Alps. ...

Apr 5, 2012

Foreign law firms aim for equal treatment

While major foreign law firms often have wide networks of offices that span the globe, those firms are allowed only one office in Japan because of a law that they say has blocked them from expanding in the world’s third-largest economy. Moves to change ...

Three hanged; executions are first since '10

Mar 30, 2012

Three hanged; executions are first since '10

Three inmates were hanged Thursday, in Tokyo, Hiroshima and Fukuoka, in the country’s first executions since July 2010. Justice Minister Toshio Ogawa, the first of the past six justice ministers to tacitly support capital punishment, signed off on the three executions Thursday morning. “I ...

Mar 29, 2012

Reactor 2 radiation too high for access

Radiation inside the reactor 2 containment vessel at the Fukushima No. 1 nuclear plant has reached a lethal 73 sieverts per hour and any attempt to send robots in to accurately gauge the situation will require them to have greater resistance than currently available, ...

Axed Goldman workers fight back

Mar 23, 2012

Axed Goldman workers fight back

Three former employees of Goldman Sachs Japan are willing to take legal action if they don’t get their jobs back or the company doesn’t negotiate in good faith, a spokesman for the three said. “They terminated our employment without cause and justification. They acted ...

Mar 16, 2012

Ichihashi fights life sentence in appeal

Seeking a reduction of his life sentence for the murder of Lindsay Ann Hawker, Tatsuya Ichihashi told the Tokyo High Court Thursday he did not intend to kill the 22-year-old British English teacher. Lawyers for Ichihashi, who was given a life sentence by the ...