Mar 1, 2012

Anatomy of a coverup

The special investigative squad of the Tokyo District Public Prosecutors Office is investigating the alleged coverup of massive investment losses by Olympus Corp. following the arrests in mid-February of three of its former executives and four former securities firms employees. It is hoped that ...

Jan 18, 2012

Loyalty alone is not enough

by Hugh Cortazzi

Japanese have been taught over the centuries that loyalty is the supreme virtue. Loyalty to Japan and to the emperor was inculcated into every child in prewar Japan. The emphasis now seems to be on loyalty to the company employing you, loyalty to your ...